Shopify stock Forecast, 2022, 2023, 2025, 2030, 2040, 2050

Shopify stock Forecast – Can Shopify Stock reach $60 or fall to $17 levels?

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Shopify stock Forecast: Stock looks very weaker, and can fall to $17.

Shopify SHOP stock price closed at $36.09

Latest long-term Shopify stock forecast, prediction, and target, the Shopify stock price will touch $40.87 by the end of 2022 and then $70.70 in 2023, $101.57 in 2024, $142.20 in 2025, $389.57 in 2030, $640 in 2033, $1,987 in 2040 and will be $8,038 in 2050.

Welcome to our series of Stock forecasts, Predictions, and price targets for 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040, 2050.

Today we will analyze the stocks with both analyses, i.e Technical & Fundamental analysis, and today’s stock is – Shopify Inc., Shopify stock forecast, 2022, 2023, 2025, 2030, 2040, 2050.

5 Next Day – Shopify Stock Forecast – Price Prediction

Last Closing Price: $36.09 on December 16, 2022

Short -Trend is Neutral as 5 days EMAs = 20 days EMAs

DateLow Price ForecastHigh Price Forecast
Monday, December 19, 2022$34.63$37.05
Tuesday, December 20, 2022$34.21$36.76
Wednesday, December 21, 2022$33.82$37.41
Thursday, December 22, 2022$33.48$37.91
Friday, December 23, 2022$33.14$38.41

Shopify Inc. Company Information

Shopify Inc. is an international e-commerce firm headquartered in Canada, Ottawa, Ontario. Shopify was established by Scott Lake and Tobias Lütke in 2006.

Shopify is a well-known brand for its unique e-commerce platform for online retailers and offline point-of-sale systems. Online shops can access a variety of services via the Shopify platform, including facilities for payments, marketing, shipping, and customer interaction.

In June 2009, a framework for application programming interfaces (APIs) and an app store were introduced by Shopify. The Shopify App Store and Apple App Store both offer applications that have been developed using the API for Shopify online stores. In April 2010, A free mobile app from Shopify was made available on the Apple App Store.

More than 1,700,000 businesses in more than 175 countries were using the Shopify platform as of May 2021 and also 1.58 million websites were using the Shopify platform at the same time. 4.4% of the top 10 million websites utilize Shopify: according to W3Techs.

Shopify and Twitter entered a partnership in June 2022. In accordance with the agreement, Twitter declared that it would introduce a sales channel app through its app store for all of Shopify’s American merchants.

Shopify is one of the top 20 most valuable publicly traded Canadian firms, as of July 2022. The full year’s revenue of Shopify company in 2021 was US$4.611 billion.

Shopify filed for an initial public offering (IPO) on April 14, 2015, using the ticker “SHOP” on the New York Stock Exchange and the Toronto Stock Exchange. On May 21, 2015, Shopify went public. It started trading at $28 on its first day on the New York Stock Exchange, giving more than 60% higher returns from its US$17 offering price.

Content Source: Wikipedia

Shopify Stock Fundamental Data Analysis

> Shopify Inc., has Revenue growth data with a strong upside of @55.20% CAGR annually over the past 5 years.

> Shopify Inc., Since the last three quarterly Net Income data comes in losses.

> Shopify Inc., Stock Price has grown to @ 27.45% CAGR annually in the last 5 years.

Shopify Inc., Latest Quarter- Q2 June 2022 Earning

> Shopify Inc., Revenue was at $1.295 Billion compared with $1.119 Billion last year, 15.75 % UP YOY

> Shopify Inc., reported a net loss of -$1.204 Billion, as compared with an $879.093 Million Profit last year. Profit to Loss YOY

Shopify Inc., Quarter- Q3 September 2022 Earning

> Shopify Inc., Revenue was at $1.366 Billion compared with $1.124 Billion last year, 15.75 % UP YOY

> Shopify Inc., reported a net loss of -$158.409 Million, as compared with a $1.148 Billion Profit last year. Profit to Loss YOY

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For More Details NYSE SHOPShopify, Inc. > Click here

NYSE:SHOP – Shopify Stock Technical Analysis Chart

Shopify SHOP Stock Forecast, Shopify stock price prediction
Shopify Stock Forecast 2022, 2023, 2025, 2030, 2040, 2050?

Shopify Stock Forecast, 2022, 2023, 2025, 2030, 2040, 2050

Here you will find the Stocks Forecast, price prediction, and target for 2022, 2023, 2024, 2025, 2026, 2027, 2028, 2029, 2030, 2040.

We here give you the stock forecast/prediction at with help of analyzing the data by Fundamental data, technical analysis, Elliott wave analysis, and AI of Shopify SHOP Stock‘s past price data and what Experts are saying about its future Stock Forecast.

Please one thing keeps in mind that this forecast, prediction, or any target is only a suggestion given by experts or analysis. The forecast/prediction that will be perfect is almost impossible. Errors always exist in any analysis, but we are trying our best to give good price stock forecasts/predictions.

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Shopify SHOP Stock Forecast

Last Update: December 18, 2022

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Shopify Stock Forecast FAQ

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Disclaimer: Stocks forecast / Price Prediction / Target given on our website is only for information purposes and to educate the stock market Participants / Traders / Investors. The content we provide here should not be considered as any financial advice or any other form of advice meant for investment or Trading. One should do own research and analysis before acting on these comments for any stocks. Trading and Investing involve high risk, please consult your financial advisor before making any decision and will take no responsibility for the consequences whatsoever resulting comes out of acting on these comments.

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