D2L INC (DTOL.CA) Forecast, Price Target & Analyst Ratings

TSX:DTOL • CA23344V1085

9.25 CAD
-0.01 (-0.11%)
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 D2L INC (DTOL.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$19.53
+ 111.09% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release DateMar 31, 2026
PeriodQ4 / 2026
EPS Estimate$0.07
Revenue Estimate56.839M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.46%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$19.53
Upside
+ 111.09%
From current price of CA$9.25 to mean target of CA$19.53, Based on 13 analyst forecasts
Low
CA$15.15
Median
CA$20.40
High
CA$23.10

Price Target Revisions

1 Month
-5.47%
3 Months
-12.74%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for DTOL.CA. The average price target is 19.53 CAD. This implies a price increase of 111.09% is expected in the next year compared to the current price of 9.25.
The average price target has been revised downward by 12.74% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

DTOL Current Analyst RatingDTOL Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

DTOL Historical Analyst RatingsDTOL 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

Analyst Ratings Consensus

ChartMill Buy Consensus
78.46%
DTOL.CA was analyzed by 13 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about DTOL.CA.
In the previous month the buy percentage consensus was at a similar level.
DTOL.CA was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-12-12STIFEL CANADAMaintains Buy -> Buy
2025-12-12CORMARK SECURITIES INC.Maintains Buy -> Buy
2025-12-12CIBC Capital MarketsMaintains Outperform -> Outperform
2022-12-06TD ResearchMaintains Buy
2022-09-13RBC RoyalbankInitiate Outperform
2022-09-09National Bank of Canada FinancialDowngrade Outperform
2022-09-09BMO FinancialDowngrade Market Perform
2022-09-09TD ResearchDowngrade Buy
2022-09-09STA ResearchUpgrade Speculative Buy
2022-09-09Eight CapitalDowngrade Buy
2022-07-22Haywood SecuritiesDowngrade Neutral
2022-06-10Raymond James CapitalDowngrade Market Perform
2022-06-10National Bank of Canada FinancialDowngrade Outperform
2022-06-10BMO FinancialDowngrade Market Perform
2022-06-10Canaccord CapitalDowngrade Buy
2022-06-10TD ResearchDowngrade Buy
2022-06-10Eight CapitalDowngrade Buy
2022-03-30Raymond James CapitalDowngrade Market Perform
2022-03-30BMO FinancialDowngrade Market Perform
2022-03-30TD ResearchDowngrade Buy
2022-03-30Eight CapitalDowngrade Buy
2021-12-15NationalBankFinancialInitiate Outperform
2021-12-14CanaccordFinancialInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release DateMar 31, 2026
PeriodQ4 / 2026
EPS Estimate$0.07
Revenue Estimate56.839M
Revenue Q2Q6.61%
EPS Q2Q-78.63%
Number of Analysts7

Next Earnings Revisions

Revenue (1 Month)
0.10%
Revenue (3 Months)
-1.93%
EPS (1 Month)
0.00%
EPS (3 Months)
-12.00%

Next Earnings Summary

DTOL.CA is expected to report earnings on 3/31/2026. The consensus EPS estimate for the next earnings is 0.07 CAD and the consensus revenue estimate is 56.84M CAD.
The next earnings revenue estimate has been revised downward by 1.93% 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
Revenue
YoY % growth
DTOL.CA revenue by date.DTOL.CA revenue by date.
168.4M
10.86%
182.381M
8.30%
205.276M
12.55%
221.77M
8.03%
239.07M
7.80%
262.3M
9.72%
EBITDA
YoY % growth
DTOL.CA ebitda by date.DTOL.CA ebitda by date.
-11.66M
83.62%
-4.241M
63.63%
12.438M
393.27%
33.23M
167.16%
38.391M
15.53%
47.945M
24.89%
EBIT
YoY % growth
DTOL.CA ebit by date.DTOL.CA ebit by date.
-15.9M
78.71%
-7.112M
55.27%
8.176M
214.96%
13.355M
63.34%
21.954M
64.39%
35.201M
60.34%
Operating Margin
DTOL.CA operating margin by date.DTOL.CA operating margin by date.
-9.44%-3.90%3.98%6.02%9.18%13.42%
EPS
YoY % growth
DTOL.CA eps by date.DTOL.CA eps by date.
-0.35
87.77%
-0.07
80.00%
0.46
757.14%
0.31
-31.70%
0.46
45.45%
0.64
39.51%

All data in USD

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

Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
0.07
-78.63%
0.09
44.50%
0.06
22.40%
0.13
59.38%
0.14
84.10%
0.13
52.94%
0.11
83.33%
0.17
36.00%
0.18
33.33%
Revenue
Q2Q % growth
56.839M
6.61%
57.84M
9.47%
59.148M
7.99%
60.246M
11.43%
61.355M
7.95%
62.271M
7.66%
64.923M
9.76%
65.841M
9.29%
67.116M
9.39%
EBITDA
Q2Q % growth
7.844M
-6.10%
7.936M
50.73%
7.013M
36.80%
10.475M
38.28%
11.483M
46.39%
10.353M
30.46%
10.098M
43.99%
13.005M
24.15%
14.484M
26.13%
EBIT
Q2Q % growth
3.921M
-4.17%
4.909M
23.73%
3.191M
27.75%
5.775M
60.69%
5.384M
37.31%
9.792M
99.47%
8.568M
168.51%
12.24M
111.95%
12.954M
140.60%

All data in USD

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

DTOL.CA Yearly Revenue VS EstimatesDTOL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 50M 100M 150M 200M 250M
DTOL.CA Yearly EPS VS EstimatesDTOL.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 0 -1 -2

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
11.49%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
7.90%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
95.61%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

D2L INC / DTOL.CA Forecast FAQ

What do analysts expect the price target to be for D2L INC (DTOL.CA)?

13 analysts have analysed DTOL.CA and the average price target is 19.53 CAD. This implies a price increase of 111.09% is expected in the next year compared to the current price of 9.25.


When does D2L INC (DTOL.CA) report earnings?

D2L INC (DTOL.CA) will report earnings on 2026-03-31, after the market close.


What are the consensus estimates for DTOL stock next earnings?

The consensus EPS estimate for the next earnings of D2L INC (DTOL.CA) is 0.07 CAD and the consensus revenue estimate is 56.84M CAD.


What is the consensus rating for DTOL stock?

The consensus rating for D2L INC (DTOL.CA) is 78.4615 / 100 . This indicates that analysts generally have a positive outlook on the stock.