BANK OF NOVA SCOTIA (BNS.CA) Forecast, Price Target & Analyst Ratings

TSX:BNS • CA0641491075

98.03 CAD
-1.68 (-1.68%)
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 BANK OF NOVA SCOTIA (BNS.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$109.36
+ 11.56% Upside

Next Earnings Forecast

Earnings Estimate
Release DateMay 27, 2026
PeriodQ2 / 2026
EPS EstimateCA$1.95
Revenue Estimate9.721B

ChartMill Buy Consensus

Rating
67.37%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$109.36
Upside
+ 11.56%
From current price of CA$98.03 to mean target of CA$109.36, Based on 19 analyst forecasts
Low
CA$97.97
Median
CA$109.14
High
CA$123.90

Price Target Revisions

1 Month
5.26%
3 Months
6.61%

Price Target Summary

19 analysts have analysed BNS.CA and the average price target is 109.36 CAD. This implies a price increase of 11.56% is expected in the next year compared to the current price of 98.03.
The average price target has been revised upward by 6.61% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

BNS Current Analyst RatingBNS Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

BNS Historical Analyst RatingsBNS 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 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
67.37%
BNS.CA was analyzed by 19 analysts. The buy percentage consensus is at 67. So analysts seem to be have mildly positive about BNS.CA.
In the previous month the buy percentage consensus was at a similar level.
BNS.CA was analyzed by 19 analysts, which is quite many. So the average rating should be quite meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-02Desjardins SecuritiesMaintains Hold -> Hold
2025-12-12Canaccord GenuityMaintains Buy -> Buy
2025-12-11CIBC Capital MarketsMaintains Neutral -> Neutral
2025-09-15TD CowenMaintains Buy -> Buy
2023-08-29Credit SuisseMaintains Neutral -> Neutral
2023-08-28CIBC Capital MarketsMaintains Neutral -> Neutral
2023-08-28Desjardins SecuritiesMaintains Hold -> Hold
2023-08-28TD SecuritiesMaintains Hold -> Hold
2023-06-06Desjardins SecuritiesDowngrade Buy -> Hold
2022-12-14STA ResearchMaintains Underperform
2022-12-14Fundamental ResearchReiterate Buy
2022-12-13Fundamental ResearchMaintains Buy
2022-11-30Keefe Bruyette Woods CapitalDowngrade
2022-11-30RBC RoyalbankUpgrade Sector Perform
2022-11-30National Bank of Canada FinancialDowngrade
2022-11-30BMO FinancialDowngrade Market Perform
2022-11-30CIBC Capital MarketsDowngrade Neutral
2022-11-30Cormark SecuritiesDowngrade
2022-11-30BarclaysDowngrade
2022-11-29CIBC Capital MarketsMaintains Neutral
2022-11-24Morningstar Inc.Maintains Buy
2022-11-24STA ResearchMaintains Underperform
2022-11-22Keefe Bruyette Woods CapitalDowngrade
2022-11-22Credit SuisseDowngrade
2022-11-18Keefe Bruyette Woods CapitalDowngrade

Next Earnings Forecast Details

Next Earnings Details

Release DateMay 27, 2026
PeriodQ2 / 2026
EPS EstimateCA$1.95
Revenue Estimate9.721B
Revenue Q2Q7.06%
EPS Q2Q27.98%
Number of Analysts13

Next Earnings Revisions

Revenue (1 Month)
0.74%
Revenue (3 Months)
0.18%
EPS (1 Month)
-0.02%
EPS (3 Months)
-0.02%

Next Earnings Summary

BNS.CA is expected to report earnings on 5/27/2026. The consensus EPS estimate for the next earnings is 1.95 CAD and the consensus revenue estimate is 9.72B CAD.
The next earnings revenue estimate has been revised upward by 0.18% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

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
BNS.CA revenue by date.BNS.CA revenue by date.
32.214B
2.54%
33.67B
4.52%
37.741B
12.09%
39.979B
5.93%
41.909B
4.83%
42.74B
1.98%
43.886B
2.68%
45.409B
3.47%
EBITDA
YoY % growth
BNS.CA ebitda by date.BNS.CA ebitda by date.
N/AN/AN/AN/AN/AN/AN/AN/A
EBIT
YoY % growth
BNS.CA ebit by date.BNS.CA ebit by date.
N/A
-6.06%
N/A
4.13%
N/A
14.97%
18.195B
7.09%
19.199B
5.52%
18.692B
-2.64%
20.229B
8.22%
21.01B
3.86%
Operating Margin
BNS.CA operating margin by date.BNS.CA operating margin by date.
N/AN/AN/A45.51%45.81%43.73%46.09%46.27%
EPS
YoY % growth
BNS.CA eps by date.BNS.CA eps by date.
6.54
-22.97%
6.47
-1.07%
7.09
9.58%
8.26
16.45%
9.32
12.83%
10.31
10.62%
9.49
-7.87%
9.93
4.56%

All data in CAD

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

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
1.95
27.98%
2.11
12.44%
2.14
10.84%
2.20
7.40%
2.18
12.09%
2.36
11.47%
2.41
12.66%
2.57
16.51%
2.50
14.87%
2.68
13.59%
2.69
11.47%
Revenue
Q2Q % growth
9.721B
7.06%
10.084B
6.30%
10.17B
3.74%
10.298B
6.76%
10.163B
4.55%
10.543B
4.55%
10.714B
5.35%
10.576B
2.70%
10.279B
1.14%
10.567B
0.23%
10.811B
0.91%
EBITDA
Q2Q % growth
N/AN/AN/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth
4.247B
5.23%
4.488B
5.82%
4.646B
7.82%
4.618B
4.17%
4.594B
8.17%
4.759B
6.04%
4.792B
3.14%
N/AN/AN/AN/A

All data in CAD

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

BNS.CA Yearly Revenue VS EstimatesBNS.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 10B 20B 30B 40B
BNS.CA Yearly EPS VS EstimatesBNS.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 2 4 6 8 10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
13.28%
EPS Next 5 Year
6.96%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
4.28%
Revenue Next 5 Year
3.80%

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

BANK OF NOVA SCOTIA / BNS.CA Forecast FAQ

What is the price target for BNS stock?

19 analysts have analysed BNS.CA and the average price target is 109.36 CAD. This implies a price increase of 11.56% is expected in the next year compared to the current price of 98.03.


Can you provide the upcoming earnings date for BANK OF NOVA SCOTIA?

BANK OF NOVA SCOTIA (BNS.CA) will report earnings on 2026-05-27.


What are the consensus estimates for BANK OF NOVA SCOTIA (BNS.CA) next earnings?

The consensus EPS estimate for the next earnings of BANK OF NOVA SCOTIA (BNS.CA) is 1.95 CAD and the consensus revenue estimate is 9.72B CAD.


How many analysts have analysed BANK OF NOVA SCOTIA (BNS.CA)?

The number of analysts covering BANK OF NOVA SCOTIA (BNS.CA) is 19.