COVALON TECHNOLOGIES LTD (COV.CA) Forecast, Price Target & Analyst Ratings
TSX-V:COV • CA22282D3022
1.8 CAD
+0.01 (+0.56%)
Last: Mar 11, 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 COVALON TECHNOLOGIES LTD (COV.CA).
Forecast Snapshot
Consensus Price Target
CA$2.96
+ 64.33% Upside
Next Earnings Forecast
Release DateMay 26, 2026
PeriodQ2 / 2026
EPS EstimateCA$0.02
Revenue Estimate9.593M
ChartMill Buy Consensus
84.44%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$2.96
Upside
+ 64.33%
From current price of CA$1.80 to mean target of CA$2.96, Based on 9 analyst forecasts
Low
CA$2.93
Median
CA$2.96
High
CA$3.05
Price Target Revisions
1 Month
0.00%
3 Months
-22.67%
Price Target Summary
9 Wall Street analysts provided a forecast for the next 12 months for COV.CA. The average price target is 2.96 CAD. This implies a price increase of 64.33% is expected in the next year compared to the current price of 1.8.
The average price target has been revised downward by 22.67% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
84.44%
COV.CA was analyzed by 9 analysts. The buy percentage consensus is at 84. So analysts seem to be very confident about COV.CA.
In the previous month the buy percentage consensus was at a similar level.
COV.CA was analyzed by 9 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2025-12-11 | RESEARCH CAPITAL CORPORATION | Maintains | Buy -> Buy |
| 2025-01-06 | RESEARCH CAPITAL CORPORATION | Maintains | Buy -> Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateMay 26, 2026
PeriodQ2 / 2026
EPS EstimateCA$0.02
Revenue Estimate9.593M
Revenue Q2Q26.46%
EPS Q2Q3.00%
Number of Analysts4
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
N/A
Next Earnings Summary
COV.CA is expected to report earnings on 5/26/2026. The consensus EPS estimate for the next earnings is 0.02 CAD and the consensus revenue estimate is 9.59M 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 | 26.595M 46.56% | 31.169M 17.20% | 32.816M 5.29% | 37.447M 14.11% | 42.299M 12.96% | 45.139M 6.71% | 48.18M 6.74% | 51.478M 6.85% | |
| EBITDA YoY % growth | -3.559M 56.11% | 3.138M 188.15% | 2.719M -13.35% | 3.572M 31.39% | 5.531M 54.84% | 6.342M 14.66% | 7.228M 13.97% | 8.2M 13.45% | |
| EBIT YoY % growth | -4.529M 50.47% | 2.151M 147.50% | 1.764M -18.01% | 4.533M 157.02% | 5.551M 22.46% | 6.603M 18.95% | 7.756M 17.46% | 9.025M 16.36% | |
| Operating Margin | -17.03% | 6.90% | 5.37% | 12.11% | 13.12% | 14.63% | 16.10% | 17.53% | |
| EPS YoY % growth | N/A | N/A | 0.07 -47.72% | 0.07 3.00% | 0.14 100.00% | 0.18 21.43% | 0.20 11.71% | 0.24 21.06% |
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 | 0.04 -100.00% | 0.02 3.00% | 0.02 | 0.03 209.00% |
| Revenue Q2Q % growth | 9.203M -15.64% | 9.593M 26.46% | 9.924M 18.54% | 10.835M 24.65% |
| EBITDA Q2Q % growth | 1.614M 2.68% | 1.014M 31.25% | 1.001M 59.37% | 1.118M -6.90% |
| EBIT Q2Q % growth | 1.754M 33.41% | 925.97K 228.59% | 871.38K 1,207.22% | 981.59K 299.34% |
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
35.75%
EPS Next 5 Year
27.60%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
6.78%
Revenue Next 5 Year
6.78%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
139.18%
EBIT Next 5 Year
77.64%
COVALON TECHNOLOGIES LTD / COV.CA Forecast FAQ
What do analysts expect the price target to be for COVALON TECHNOLOGIES LTD (COV.CA)?
9 analysts have analysed COV.CA and the average price target is 2.96 CAD. This implies a price increase of 64.33% is expected in the next year compared to the current price of 1.8.
What is the next earnings date for COV stock?
COVALON TECHNOLOGIES LTD (COV.CA) will report earnings on 2026-05-26.
Can you provide the consensus estimates for COVALON TECHNOLOGIES LTD next earnings?
The consensus EPS estimate for the next earnings of COVALON TECHNOLOGIES LTD (COV.CA) is 0.02 CAD and the consensus revenue estimate is 9.59M CAD.
Can you provide the expected long term growth rate for COVALON TECHNOLOGIES LTD stock?
The expected long term growth rate for COVALON TECHNOLOGIES LTD (COV.CA) is 6.78%.