BORALEX INC -A (BLX.CA) Forecast, Price Target & Analyst Ratings
TSX:BLX • CA09950M3003
27.05 CAD
-0.03 (-0.11%)
Last: Mar 6, 2026, 07:00 PM
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
CA$35.59
+ 31.56% Upside
Next Earnings Forecast
Release DateMay 12, 2026
PeriodQ1 / 2026
EPS EstimateCA$0.57
Revenue Estimate277.75M
ChartMill Buy Consensus
78.33%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$35.59
Upside
+ 31.56%
From current price of CA$27.05 to mean target of CA$35.59, Based on 12 analyst forecasts
Low
CA$31.31
Median
CA$35.70
High
CA$40.95
Price Target Revisions
1 Month
0.00%
3 Months
-7.10%
Price Target Summary
12 analysts have analysed BLX.CA and the average price target is 35.59 CAD. This implies a price increase of 31.56% is expected in the next year compared to the current price of 27.05.
The average price target has been revised downward by 7.1% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
78.33%
BLX.CA was analyzed by 12 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about BLX.CA.
In the previous month the buy percentage consensus was at a similar level.
BLX.CA was analyzed by 12 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2026-03-02 | TD Cowen | Maintains | Buy -> Buy |
| 2022-12-15 | CIBC Capital Markets | Downgrade | Outperform |
| 2022-11-21 | RBC Royalbank | Downgrade | Sector Perform |
| 2022-11-21 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-11-21 | BMO Financial | Downgrade | |
| 2022-11-21 | Scotiabank Capital | Maintains | Outperform |
| 2022-11-21 | Credit Suisse | Downgrade | |
| 2022-11-10 | BMO Financial | Upgrade | Outperform |
| 2022-11-10 | TD Research | Downgrade | Buy |
| 2022-11-10 | Scotiabank Capital | Downgrade | Outperform |
| 2022-10-25 | Credit Suisse | Downgrade | Neutral |
| 2022-10-20 | Scotiabank Capital | Downgrade | Strong Buy |
| 2022-10-18 | CIBC Capital Markets | Downgrade | |
| 2022-10-07 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-09-27 | Credit Suisse | Upgrade | Buy |
| 2022-09-20 | BMO Financial | Upgrade | |
| 2022-09-16 | CIBC Capital Markets | Upgrade | |
| 2022-08-24 | Credit Suisse | Upgrade | |
| 2022-08-04 | Raymond James Capital | Upgrade | Outperform |
| 2022-08-04 | RBC Royalbank | Upgrade | Sector Perform |
| 2022-08-04 | National Bank of Canada Financial | Upgrade | Outperform |
| 2022-08-04 | BMO Financial | Upgrade | Outperform |
| 2022-08-04 | TD Research | Upgrade | Buy |
| 2022-08-04 | CIBC Capital Markets | Upgrade | Outperform |
| 2022-08-04 | Scotiabank Capital | Upgrade | Outperform |
Next Earnings Forecast Details
Next Earnings Details
Release DateMay 12, 2026
PeriodQ1 / 2026
EPS EstimateCA$0.57
Revenue Estimate277.75M
Revenue Q2Q22.90%
EPS Q2Q95.03%
Number of Analysts3
Next Earnings Revisions
Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
-5.08%
EPS (3 Months)
-5.08%
Next Earnings Summary
BLX.CA is expected to report earnings on 5/12/2026. The consensus EPS estimate for the next earnings is 0.57 CAD and the consensus revenue estimate is 277.75M CAD.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | 2029 | 2030 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 1.022B 22.25% | 853M -16.54% | 849M -0.47% | 997.53M 17.49% | 1.03B 3.26% | 1.236B 20.00% | N/A | N/A | |
| EBITDA YoY % growth | 539M 9.55% | 528M -2.04% | 504M -4.55% | 747.99M 48.41% | 771.99M 3.21% | 818.31M 6.00% | 966.17M 18.07% | 1.043B 7.95% | |
| EBIT YoY % growth | 246M 24.87% | 231M -6.10% | 183M -20.78% | 343.95M 87.95% | 359.51M 4.52% | 452.66M 25.91% | 469.12M 3.64% | N/A | |
| Operating Margin | 24.07% | 27.08% | 21.55% | 34.48% | 34.90% | 36.62% | N/A | N/A | |
| EPS YoY % growth | 0.93 220.69% | 0.68 -26.88% | 0.06 -91.18% | 1.10 1,728.52% | 1.13 2.84% | 1.41 25.02% | 1.92 36.35% | N/A |
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 | 0.57 95.03% | 0.19 286.85% | -0.07 72.81% | 0.84 544.85% |
| Revenue Q2Q % growth | 277.75M 22.90% | 214.12M 15.74% | N/A | N/A |
| EBITDA Q2Q % growth | 204.95M 41.34% | 161.84M -13.91% | N/A | N/A |
| EBIT Q2Q % growth | 73.73M 3.85% | 62.62M 78.91% | N/A | N/A |
All data in CAD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
186.48%
EPS Next 5 Year
137.95%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
11.04%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
45.76%
EBIT Next 5 Year
31.60%
BORALEX INC -A / BLX.CA Forecast FAQ
What is the average price target for BORALEX INC -A (BLX.CA) stock?
12 analysts have analysed BLX.CA and the average price target is 35.59 CAD. This implies a price increase of 31.56% is expected in the next year compared to the current price of 27.05.
When does BORALEX INC -A (BLX.CA) report earnings?
BORALEX INC -A (BLX.CA) will report earnings on 2026-05-12.
Can you provide the consensus estimates for BORALEX INC -A next earnings?
The consensus EPS estimate for the next earnings of BORALEX INC -A (BLX.CA) is 0.57 CAD and the consensus revenue estimate is 277.75M CAD.
Can you provide the expected long term growth rate for BORALEX INC -A stock?
The expected long term growth rate for BORALEX INC -A (BLX.CA) is 11.04%.