(NYSE: SHOP) Shopify's forecast annual revenue growth rate of 37.88% is forecast to beat the US Software - Application industry's average forecast revenue growth rate of 20.4%, and and it is also forecast to beat the US market's average forecast revenue growth rate of 14.48%.
Shopify's revenue in 2020 is $2,456,907,000.On average, 29 Wall Street analysts forecast SHOP's revenue for 2021 to be $436,936,184,891, with the lowest SHOP revenue forecast at $378,776,440,946, and the highest SHOP revenue forecast at $512,450,107,429. On average, 21 Wall Street analysts forecast SHOP's revenue for 2022 to be $578,119,382,689, with the lowest SHOP revenue forecast at $482,384,317,143, and the highest SHOP revenue forecast at $665,464,676,671.
In 2023, SHOP is forecast to generate $769,238,894,712 in revenue, with the lowest revenue forecast at $615,710,998,523 and the highest revenue forecast at $1,005,321,345,966.