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

Q: 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 35.45 CAD. This implies a price decrease of -3.29% is expected in the next year compared to the current price of 36.65.

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

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

TSX:BLX • CA09950M3003

36.65 CAD

-0.03 (-0.08%)

Last: Apr 9, 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).

Consensus Price Target

Price Target

CA$35.45

-3.29% Downside

→ 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$35.45

Upside

-3.29%

From current price of CA$36.65 to mean target of CA$35.45, Based on 9 analyst forecasts

Low

CA$31.31

Median

CA$34.68

High

CA$40.95

Price Target Revisions

1 Month

-0.40%

3 Months

-3.77%

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for BLX.CA. The average price target is 35.45 CAD. This implies a price decrease of -3.29% is expected in the next year compared to the current price of 36.65.

The average price target has been revised downward by 3.77% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

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

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 Date: May 12, 2026
Period: Q1 / 2026
EPS Estimate: CA$0.48
Revenue Estimate: 259.91M
Revenue Q2Q: 15.00%
EPS Q2Q: 64.85%
Number of Analysts: 4

Next Earnings Revisions

Revenue (1 Month)

-6.42%

Revenue (3 Months)

N/A

EPS (1 Month)

-15.48%

EPS (3 Months)

-19.77%

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	1.022B 22.25%	853M -16.54%	849M -0.47%	977.95M 15.19%	974.57M -0.35%	1.2B 23.13%	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%	336.09M 83.66%	355.95M 5.91%	403.33M 13.31%	469.12M 16.31%	N/A
Operating Margin	24.07%	27.08%	21.55%	34.37%	36.52%	33.61%	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	0.48 64.85%	0.10 204.36%	-0.07 72.81%	0.62 373.92%
Revenue Q2Q % growth	259.91M 15.00%	208.83M 12.88%	186.21M 18.61%	269.84M 11.97%
EBITDA Q2Q % growth	217.13M 49.74%	167.01M -11.16%	141.68M -39.45%	227.49M -42.98%
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

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

9.95%

Revenue Next 5 Year

N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

45.76%

EBIT Next 5 Year

31.60%

→ 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 35.45 CAD. This implies a price decrease of -3.29% is expected in the next year compared to the current price of 36.65.

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.

Analyst forecast overview

Forecast Snapshot