Shopify is a hugely successful growth story. The stock has surged 207 per cent in the last year.

But analysts are divided over whether the e-commerce company’s lofty prospects are already priced into what appear to be very expensive shares.

We’ll know more when Shopify releases quarterly earnings results on October 29.

Here’s a roundup of recent commentary from analysts:

Shopify Could Have a Great Quarter. That Doesn’t Mean it’s a Buy – from Barron’s

It’s Not Too Late to Buy Shopify with 23% Upside

Shopify a Great Growth Story But That’s Already Priced In

Related stories: Shopify’s Perfect Timing – Video Interview with Tech Expert Amber Mac

Image source: www.bloomberg.com