Analyst firms · Scotiabank · SHOP

Scotiabank SHOP price target and rating history

Shopify Inc. (SHOP) · Technology

Scotiabank rates Shopify Inc. (SHOP) Sector Outperform with a $65 price target, as of its latest action on Jan 8, 2026. It has published 3 rating actions on SHOP since February 2023, including 1 upgrade and 0 downgrades. Across 11 firms with a SHOP price target in the last 12 months, the median target is $150.

Current rating
Sector Outperform
Price target
$65
Median target, all firms
$150
Actions on SHOP
3

Scotiabank price target on SHOP

$65$54$43202420252026
Scotiabank price target on SHOP, each point a stated target, February 2023 to August 2023.

Every Scotiabank rating on SHOP

How other firms rate SHOP

Each firm's latest rating and stated target in the last 12 months.

FirmRatingPrice targetDate
BernsteinOutperform$160Sep 11, 2026
RosenblattBuy$175Aug 20, 2026
Rothschild & Co RedburnNeutral$130Jul 21, 2026
JefferiesBuy$160Jul 13, 2026
StifelBuy$150Jul 10, 2026
BofA SecuritiesBuy$150Jul 7, 2026
Piper SandlerOverweight$165Mar 12, 2026
Truist SecuritiesBuy$150Feb 17, 2026
MizuhoOutperform$150Feb 12, 2026
TD CowenBuy$159Feb 12, 2026
MoffettNathansonBuy$150Feb 10, 2026
Arete ResearchBuyFeb 2, 2026
ScotiabankSector OutperformJan 8, 2026
Wolfe ResearchPeer PerformJan 6, 2026
BNP Paribas ExaneNeutralNov 24, 2025

Questions about Scotiabank and SHOP

What is Scotiabank's price target for SHOP?
Scotiabank's latest stated price target for Shopify Inc. (SHOP) is $65, from its action on Aug 1, 2023.
What is Scotiabank's rating on SHOP?
Scotiabank rates SHOP Sector Outperform, a bullish rating, as of Jan 8, 2026.
When did Scotiabank last change its view on SHOP?
On Jan 8, 2026, Scotiabank upgrades to Sector Outperform from Sector Perform.
How does Scotiabank's SHOP target compare with other analysts?
Across 11 firms with a SHOP price target in the last 12 months, the median target is $150.

More SHOP rating histories

All Scotiabank ratingsSHOP news and filingsEvery analyst firm

From rating actions in the Quantisnow feed. A target holds until the firm states a new one; a reiteration with no target keeps the last one. Not investment advice.