ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) Forecast, Price Target & Analyst Ratings

TSX:AX-UN • CA04315L1058

Current stock price

18.41 CAD
-0.49 (-2.59%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for ARTIS REAL ESTATE INVESTMENT (AX-UN.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$7.65
-58.45% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Mar 4, 2026
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
37.14%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$7.65
Upside
-58.45%
From current price of CA$18.41 to mean target of CA$7.65, Based on 7 analyst forecasts
Low
CA$7.58
Median
CA$7.65
High
CA$7.88

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

7 Wall Street analysts provided a forecast for the next 12 months for AX-UN.CA. The average price target is 7.65 CAD. This implies a price decrease of -58.45% is expected in the next year compared to the current price of 18.41.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AX-UN Current Analyst RatingAX-UN Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0.5 1 1.5 2 2.5

Analyst Ratings History

AX-UN Historical Analyst RatingsAX-UN Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 2 4 6 8

Analyst Ratings Consensus

ChartMill Buy Consensus
37.14%
AX-UN.CA was analyzed by 7 analysts. The buy percentage consensus is at 37. So analysts seem to be rather negative about AX-UN.CA.
In the previous month the buy percentage consensus was at a similar level.
AX-UN.CA was analyzed by 7 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-09-15TD CowenMaintains Hold -> Hold
2023-12-22TD SecuritiesMaintains Hold -> Hold
2022-11-08BMO FinancialDowngrade
2022-11-08Scotiabank CapitalMaintains Sector Perform
2022-11-07RBC RoyalbankDowngrade Sector Perform
2022-11-07TD ResearchDowngrade Hold
2022-11-04Scotiabank CapitalMaintains Sector Perform
2022-10-24National Bank of Canada FinancialDowngrade
2022-10-20TD ResearchDowngrade Strong Buy
2022-08-08RBC RoyalbankUpgrade Sector Perform
2022-08-08National Bank of Canada FinancialUpgrade Sector Perform
2022-08-05Scotiabank CapitalMaintains Sector Perform
2022-07-20National Bank of Canada FinancialDowngrade Sector Perform
2022-05-12CIBC Capital MarketsUpgrade Sector Perform
2022-05-09BMO FinancialMaintains Market Perform
2022-05-09CIBC Capital MarketsMaintains Neutral
2022-05-06Scotiabank CapitalMaintains Sector Perform
2022-03-09Scotiabank CapitalUpgrade Sector Perform
2022-03-07RBC RoyalbankUpgrade Sector Perform
2022-03-07National Bank of Canada FinancialUpgrade Sector Perform
2022-03-07BMO FinancialUpgrade Market Perform
2022-03-07CIBC Capital MarketsUpgrade Neutral
2022-03-07Laurentian BankUpgrade Buy
2022-03-04Scotiabank CapitalMaintains Sector Perform
2021-12-21Scotiabank CapitalMaintains Sector Perform

Next Earnings Forecast Details

Next Earnings Details

Release Date
Mar 4, 2026

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
N/A
EPS (3 Months)
N/A

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2025

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025
Revenue
YoY % growth
AX-UN.CA revenue by date.AX-UN.CA revenue by date.
372.512M
-11.20%		335.837M
-9.85%		300.369M
-10.56%		275.63M
-8.24%
EBITDA
YoY % growth
AX-UN.CA ebitda by date.AX-UN.CA ebitda by date.
201.683M
-10.92%		177.174M
-12.15%		121.884M
-31.21%		209.39M
71.79%
EBIT
YoY % growth
AX-UN.CA ebit by date.AX-UN.CA ebit by date.
200.429M
-10.94%		175.948M
-12.21%		120.69M
-31.41%		N/A
Operating Margin
AX-UN.CA operating margin by date.AX-UN.CA operating margin by date.
53.80%52.39%40.18%N/A
EPS
YoY % growth
AX-UN.CA eps by date.AX-UN.CA eps by date.
N/A
-54.51%		N/A
-271.07%		N/A
89.86%		-0.13
38.10%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AX-UN.CA Yearly Revenue VS EstimatesAX-UN.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 100M 200M 300M 400M 500M
AX-UN.CA Yearly EPS VS EstimatesAX-UN.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 0 1 -1 2 -2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
N/A
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
N/A
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

ARTIS REAL ESTATE INVESTMENT / AX-UN.CA Forecast FAQ

What do analysts expect the price target to be for ARTIS REAL ESTATE INVESTMENT (AX-UN.CA)?

7 analysts have analysed AX-UN.CA and the average price target is 7.65 CAD. This implies a price decrease of -58.45% is expected in the next year compared to the current price of 18.41.

What is the next earnings date for AX-UN stock?

ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) will report earnings on 2026-03-04.

How do analysts rate ARTIS REAL ESTATE INVESTMENT (AX-UN.CA)?

The consensus rating for ARTIS REAL ESTATE INVESTMENT (AX-UN.CA) is 37.1429 / 100 . This indicates that analysts generally have a negative outlook on the stock.