The analysis focuses on predicting LULU's stock price by the end of next year, using forward price-to-earnings ratio charts provided by Fiscal.ai. LULU is trading at a forward PE of 14.12. The presenter also mentions earnings per share (EPS) estimates. Wall Street analysts provide earnings per share estimates. One estimate for calendar year 2027 is $14.23 per share. If the company delivers the $14.23 in earnings per share, the projected price will be $200.93. The presenter standardizes to calendar years but indicates that it is fiscal year 2028 for Lululemon because the fiscal year ends in January of 2028.