BORALEX INC -A (BLX.CA) Forecast, Price Target & Analyst Ratings

TSX:BLX • CA09950M3003

Current stock price

36.88 CAD
+0.12 (+0.33%)
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 BORALEX INC -A (BLX.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$37.28
+ 1.09% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 12, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.48
Revenue Estimate
259.91M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
73.33%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$37.28
Upside
+ 1.09%
From current price of CA$36.88 to mean target of CA$37.28, Based on 9 analyst forecasts
Low
CA$33.33
Median
CA$38.00
High
CA$39.90

Price Target Revisions

1 Month
4.76%
3 Months
1.22%

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for BLX.CA. The average price target is 37.28 CAD. This implies a price increase of 1.09% is expected in the next year compared to the current price of 36.88.
The average price target has been revised upward by 1.22% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

BLX Current Analyst RatingBLX 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

BLX Historical Analyst RatingsBLX 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 10

Analyst Ratings Consensus

ChartMill Buy Consensus
73.33%
BLX.CA was analyzed by 9 analysts. The buy percentage consensus is at 73. So analysts seem to be have mildly positive about BLX.CA.
In the last month the buy percentage fell by 5 points. So the trust of analysts is decreasing.
BLX.CA was analyzed by 9 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-02TD CowenMaintains Buy -> Buy
2022-12-15CIBC Capital MarketsDowngrade Outperform
2022-11-21RBC RoyalbankDowngrade Sector Perform
2022-11-21National Bank of Canada FinancialDowngrade Outperform
2022-11-21BMO FinancialDowngrade
2022-11-21Scotiabank CapitalMaintains Outperform
2022-11-21Credit SuisseDowngrade
2022-11-10BMO FinancialUpgrade Outperform
2022-11-10TD ResearchDowngrade Buy
2022-11-10Scotiabank CapitalDowngrade Outperform
2022-10-25Credit SuisseDowngrade Neutral
2022-10-20Scotiabank CapitalDowngrade Strong Buy
2022-10-18CIBC Capital MarketsDowngrade
2022-10-07National Bank of Canada FinancialDowngrade Outperform
2022-09-27Credit SuisseUpgrade Buy
2022-09-20BMO FinancialUpgrade
2022-09-16CIBC Capital MarketsUpgrade
2022-08-24Credit SuisseUpgrade
2022-08-04Raymond James CapitalUpgrade Outperform
2022-08-04RBC RoyalbankUpgrade Sector Perform
2022-08-04National Bank of Canada FinancialUpgrade Outperform
2022-08-04BMO FinancialUpgrade Outperform
2022-08-04TD ResearchUpgrade Buy
2022-08-04CIBC Capital MarketsUpgrade Outperform
2022-08-04Scotiabank CapitalUpgrade Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 12, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.48
Revenue Estimate
259.91M
Revenue Q2Q
15.00%
EPS Q2Q
64.56%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
N/A
EPS (1 Month)
-0.18%
EPS (3 Months)
-19.92%

Next Earnings Summary

BLX.CA is expected to report earnings on 5/12/2026. The consensus EPS estimate for the next earnings is 0.48 CAD and the consensus revenue estimate is 259.91M CAD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

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

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
BLX.CA revenue by date.BLX.CA revenue by date.
1.022B
22.25%		853M
-16.54%		849M
-0.47%		977.95M
15.19%		974.57M
-0.35%		1.2B
23.13%		N/AN/A
EBITDA
YoY % growth
BLX.CA ebitda by date.BLX.CA ebitda by date.
539M
9.55%		528M
-2.04%		504M
-4.55%		764.22M
51.63%		792.09M
3.65%		902.74M
13.97%		987.22M
9.36%		1.052B
6.56%
EBIT
YoY % growth
BLX.CA ebit by date.BLX.CA ebit by date.
246M
24.87%		231M
-6.10%		183M
-20.78%		336.09M
83.66%		355.95M
5.91%		403.33M
13.31%		522.41M
29.52%		560.15M
7.22%
Operating Margin
BLX.CA operating margin by date.BLX.CA operating margin by date.
24.07%27.08%21.55%34.37%36.52%33.61%N/AN/A
EPS
YoY % growth
BLX.CA eps by date.BLX.CA eps by date.
0.93
220.69%		0.68
-26.88%		0.06
-91.18%		1.11
1,749.26%		1.18
6.65%		1.81
52.77%		2.64
46.13%		2.94
11.28%

All data in CAD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.48
64.56%		0.09
185.85%		-0.07
72.81%		0.56
333.13%
Revenue
Q2Q % growth		259.91M
15.00%		208.83M
12.88%		186.21M
18.61%		269.84M
11.97%
EBITDA
Q2Q % growth		218.82M
50.91%		168.47M
-10.39%		144.5M
-38.25%		226.95M
-43.12%
EBIT
Q2Q % growth		73.73M
3.85%		62.62M
78.91%		40.4M
4,140.00%		116.15M
48.91%

All data in CAD

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

BLX.CA Yearly Revenue VS EstimatesBLX.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M 800M 1B
BLX.CA Yearly EPS VS EstimatesBLX.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 1 2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
211.18%
EPS Next 5 Year
117.79%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
9.95%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
50.61%
EBIT Next 5 Year
31.83%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

BORALEX INC -A / BLX.CA Forecast FAQ

What is the average price target for BORALEX INC -A (BLX.CA) stock?

9 analysts have analysed BLX.CA and the average price target is 37.28 CAD. This implies a price increase of 1.09% is expected in the next year compared to the current price of 36.88.

When does BORALEX INC -A (BLX.CA) report earnings?

BORALEX INC -A (BLX.CA) will report earnings on 2026-05-12.

What are the consensus estimates for BLX stock next earnings?

The consensus EPS estimate for the next earnings of BORALEX INC -A (BLX.CA) is 0.48 CAD and the consensus revenue estimate is 259.91M CAD.

Can you provide the analyst count for BORALEX INC -A stock?

The number of analysts covering BORALEX INC -A (BLX.CA) is 9.