Shopify Stock Price Prediction 2024, 2025, 2030

There are many e-commerce companies in the market, like BigCommerce, Shift4Shop, Wix, etc., but one of the companies that is catching the attention of investors is none other than Shopify, which is a Canada-based e-commerce company. The reason for attention here can also be that it has achieved rapid growth in its company by providing very good service in a short span of time.

In this article we will know about Shopify Stock Price Prediction 2024, 2025, 2030 and whether it is a good investment for future or not.

What is SHOPIFY INC (SHOP)?

Shopify Full NameShopify Inc. (SHOP)
Shopify Establishment2006
Shopify HeadquartersOttawa, Ontario, Canada
Shopify FounderMr. Tobias Lutke, Daniel Weinand, and Scott Lake
Shopify Chief Executive Officer (CEO)Mr. Tobias Lutke
Shopify Chief Financial Officer (CFO)Mr. Jeff J. Hoffmeister CPA
Shopify Technology Officer (CTO)Mr. Allan Leinwand
Shopify PresidentMr. Harley Finkelstein
Shopify Market Capitalization53.75 Billion US Dollars
Shopify Employees10,000
52 Week High98.85
52 Week Low23.63
Primary ExchangeNew York Stock Exchange (NYSE)

Shopify is a multinational e-commerce company based in the country of Canada, designed for small to medium-sized businesses. The main objective of this company is to provide various services for online retailers such as payment, marketing, shipping, inventory management, and customer engagement tools, as well as a suite of apps and plugins to enhance the functionality of Shopify. In addition to its e-commerce platforms, Shopify also includes Shopify Plus, which is designed for large online businesses, and primarily aimed at serving large-sized businesses.

The company named Shopify is headquartered in the city of Ottawa in the very beautiful Ontario state of Canada, this company was founded in 2006 by three persons named Mr. Tobias Lutke, Daniel Weinand, and Scott Lake. This company was earlier known as Jaded Pixel Technologies Inc, but in the month of November 2011, its name was changed to Shopify Inc.

An E-commerce platform provider company named Shopify made its stock public on May 21, 2015 (Thursday), the stock closed at US $ 28.74 from $ 26 on the opening day of its Initial public offering (IPO). This was the largest opening day percentage gain for a tech company IPO since LinkedIn’s stock rose 109 percent in early 2011.

Read more-Rumble Stock Price Prediction 2024, 2025, and 2030

The name of present Chief Executive Officer (CEO), Founder, and Chairman of this company is Mr. Tobias Lütke, the President – Mr. Harley Finkelstein, the Chief Technology Officer (CTO) – Mr. Allan Leinwand, the Chief Financial Officer (CFO) – Mr. Jeff J. Hoffmeister, Sr. Director of Investor Relations – Katie Keita, General Counsel & Corporate Secretary – Ms. Jessica R. Hertz, Chief Talent Officer – Ms. Brittany Forsyth, Country Head & Director (India) – Ms. Bharati Balakrishnan, GM & VP of Shopify Plus – Mr. Loren Padelford.

Many investors and traders have invested in SHOP stock with a positive view that this company will prove to be a very big player in its business sector in the future, and along with it, This stock will increase manifold. Mainly for this reason, many investors are more interested in knowing the forecast of this stock.

The stock of Shopify Inc is listed on the New York Stock Exchange (NYSE) under the ticker symbol “SHOP”. The current price of a stock called SHOP on August 23, 2023, is US $56.72

Shopify Stock Price Prediction 2024

Based on stock market Price Prediction and according to a few technical experts’ opinions, Shopify Inc’s (SHOP) share price in the stock market will range from a minimum of USD 53.19 to a maximum of USD 79.94 in 2024 from January to December month.

Shopify Stock Price Prediction 2025

Based on stock market Price Prediction and according to a few technical experts’ opinions, Shopify Inc’s (SHOP) share price in the stock market will range from a minimum of USD 82.99 to a maximum of USD 99.17 in 2025 from January to December month.

Shopify Stock Price Prediction 2026

Based on stock market Price Prediction and according to a few technical experts’ opinions, Shopify Inc’s (SHOP) share price in the stock market will range from a minimum of USD 99.42 to a maximum of USD 100.07 in 2026 from January to December month.

Shopify Stock Price Prediction 2027

Based on stock market Price Prediction and according to a few technical experts’ opinions, Shopify Inc’s (SHOP) share price in the stock market will range from a minimum of USD 100.14 to a maximum of USD 101.31 in 2027 from January to December month.

Shopify Stock Price Prediction 2028

Based on stock market Price Prediction and according to a few technical experts’ opinions, Shopify Inc’s (SHOP) share price in the stock market will range from a minimum of USD 100.51 to a maximum of USD 101.97 in 2028 from January to December month.

Shopify Stock Price Prediction 2029

Based on stock market price Prediction and according to a few technical experts’ opinions, Shopify Inc’s (SHOP) share price in the stock market will range from a minimum of USD 95.12 to a maximum of USD 100.13 in 2029 from January to December month.

Read more –Mullen Automotive Stock Price Prediction 2023, 2025, 2030

Shopify Stock Price Prediction 2030

Based on stock market Price Prediction and according to a few technical experts’ opinions, Shopify Inc’s (SHOP) share price in the stock market will range from a minimum of USD 66.81 to a maximum of USD 94.12 in 2030 from January to December month.

about:blankGlobal value

Shopify Stock Forecast, and Price Target 2023, 2024, 2025, 2026, 2027, 2028, 2030, and 2033

YearMinimum PriceMaximum Price
202453.1979.94
202588.9999.17
202699.42100.07
2027100.14100.31
2028100.51100.97
202995.12100.13
203066.8194.12
203146.4564.37
203238.5345.86
203337.6337.68

Frequently Asked Questions – FAQ

Is Shopify a good stock to buy?

Whether buying Shopify stock is right for you or not is not possible to answer with a straight yes or no, as it depends on your set goal as well as the company’s performance in the market.

Because like any other company’s stock, the growth of Shopify stock also does not move in one direction, the stock is always volatile. If this e-commerce company is performing well in its business sector, then surely it would be right to say that buying this stock is the right decision.

This is a very high-risk stock, according to stock market and some technical experts who have forecasted a 23 percent growth for Shopify. If you are thinking of investing in this stock for the long term then this can be the right decision.

Before buying any stock, one must take the opinion of someone who has good knowledge of the stock market and it is very important to check all the good and bad aspects of that stock, so you can study the forecast given by us.

Does Shopify Pay Dividends?

No, as per the article on the official website of Shopify, it is not currently paying and declaring any dividends, nor is it likely to do so in the near future.

What is the 5-year forecast for Shopify stock?

According to our technical analysis and experts, Shopify Inc. (SHOP) company’s share price will increase manifold in the coming 5 years from the present. In the year 2027, the share price of Shopify company will be from a minimum of 20.39 to a maximum of 21.53 USD from month January to month December.

What is the Shopify Stock Price Today?

As of the current date, January २5, 2023, the share price of Shopify (SHOP) is US$ 42.69.

What is 52 Week’s High of Shopify Stock?

98.85 USD is 52 Week High for Shopify (SHOP) Stock Company.

What is 52 Week’s Low of Shopify Stock?

23.63 USD is 52 Week Low for Shopify (SHOP) Stock Company.

Conclusion

In this informative blog post, we have given detailed information about Shopify Inc. (SHOP) Stock’s PE Ratio, Market Capitalization, and SHOP Stock Forecast For 2023, 2024, 2025, 2026, 2027, and 2028. If you liked this article, So please share this blog post with your friends and family. You can read more blog posts related to finance like stock market predictions, cryptocurrencies, etc.

Leave a Comment