Shopify Inc.$467.66(3.67%)

Make a range with 80 % certainty

If you make predictions, you will

  • affect the crowd forecast;
  • be allowed to participate in the discussion; and
  • get a score when the target date arrives. Are you underconfident, overconfident, or well-calibrated? Are you too pessimistic, too optimistic, or spot on?

Log in or sign up to get started.

dmoney Well-calibrated. Correct 80 % of the time. 4199.01
$440 $480 forecast for 2020-01-31

Insane bull run for the last two months!

2
dmoney Well-calibrated. Correct 80 % of the time. 4199.01
$400 $480 forecast for 2020-02-29

The Shopify stock rally is really getting out of control with a 50% run the last two months. Extremely expensive! Should see some profit taking in the short run. I expect a downward trend for the next month.

2
dmoney Well-calibrated. Correct 80 % of the time. 4199.01
$400 $500 forecast for 2020-01-31

The Shopify stock rally is really getting out of control with a 50% run the last two months. Extremely expensive! Should see some profit taking in the short run. I expect a downward trend for the next month.

1
dmoney Well-calibrated. Correct 80 % of the time. 4199.01 (edited)
$120 $340 forecast for 2020-12-31

Shopify has a great platform, actually used it myself back in the day. Currently priced at about 40 times sales the current pricing is just stupid. The company will probably do well, and even though they are loosing about $100 million a year they will be fine with $5B in cash. Even with insane growth for the next 5 years the company is way overpriced. Will probably crash when reality kicks in - maybe if they manage to earn money for the first time, then people will add up the numbers and realize that they better sell as fast as possible.

3
insighter 0
$200 $300 forecast for 2020-12-31

The current price is insane, but I believe it's a reflection of that shopify kind of tries to challenge Amazon in some areas now that they are offering fulfilment of orders. They might succeed in getting a big chunk of the market, but I'm sceptical about the margins the company can expect to earn on fulfilment. Their users will change to competitors if the cost of fulfilment and shipping isn't competitive.

0
My predictions
Loading my predictions…
Shopify Inc. leaderboard