Shopify is currently trading for $859.68 and has a 29.76 times PE ratio. Analysts are projecting its current earnings per share (EPS) will grow 20% over the next 12 months. If analysts are projecting Shopify's PE ratio will contract to 20 times.

What will be its forecasted 12 month share price?

Answer rating: 100% (QA)

PE Ratio 2976 Price Earnings 2976 ... View the full answer