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Shopify shares drop 30% in 2026 but strong fundamentals support a 17.7% upside target.

Analyst Insights
10 Apr 2026
24/7 Wall Street
View Source
Bullish
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Shopify's stock has fallen sharply by over 30% in 2026, trading at $112.38, yet the company's business remains strong with 30.58% revenue growth and expanding free cash flow. Analysts see a 17.68% upside to $132.25 over the next year, driven by growth in AI tools, international markets, and B2B segments. Risks include high valuation and rising credit losses, but the overall outlook is positive with a buy recommendation at 90% confidence. Future price targets through 2030 suggest continued growth if current trends hold.

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