HYDRO ONE LTD (H.CA) Forecast, Price Target & Analyst Ratings

TSX:H • CA4488112083

Current stock price

60.09 CAD
+0.8 (+1.35%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for HYDRO ONE LTD (H.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$54.81
-8.79% Downside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.63
Revenue Estimate
2.524B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
52.63%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$54.81
Upside
-8.79%
From current price of CA$60.09 to mean target of CA$54.81, Based on 19 analyst forecasts
Low
CA$45.96
Median
CA$56.10
High
CA$64.05

Price Target Revisions

1 Month
2.12%
3 Months
3.18%

Price Target Summary

19 Wall Street analysts provided a forecast for the next 12 months for H.CA. The average price target is 54.81 CAD. This implies a price decrease of -8.79% is expected in the next year compared to the current price of 60.09.
The average price target has been revised upward by 3.18% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

H Current Analyst RatingH Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8 10

Analyst Ratings History

H Historical Analyst RatingsH 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
52.63%
H.CA was analyzed by 19 analysts. The buy percentage consensus is at 53. So analysts seem to be rather neutral about H.CA.
In the previous month the buy percentage consensus was at a similar level.
H.CA was analyzed by 19 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
2026-01-27JefferiesMaintains Hold -> Hold
2025-04-06CIBC Capital MarketsMaintains Neutral -> Neutral
2022-11-21Credit SuisseUpgrade
2022-11-14RBC RoyalbankUpgrade Sector Perform
2022-11-14National Bank of Canada FinancialUpgrade
2022-11-14CIBC Capital MarketsUpgrade Outperform
2022-11-14Scotiabank CapitalUpgrade Sector Perform
2022-11-11CIBC Capital MarketsMaintains Outperform
2022-10-25National Bank of Canada FinancialDowngrade
2022-10-25CIBC Capital MarketsMaintains Outperform
2022-10-25Credit SuisseDowngrade
2022-10-20Scotiabank CapitalDowngrade Strong Buy
2022-10-18CIBC Capital MarketsDowngrade
2022-09-20BMO FinancialDowngrade
2022-08-30Credit SuisseUpgrade
2022-08-11National Bank of Canada FinancialUpgrade Sector Perform
2022-08-10National Bank of Canada FinancialUpgrade
2022-08-10BMO FinancialUpgrade
2022-08-10TD ResearchUpgrade Hold
2022-08-10Scotiabank CapitalUpgrade Sector Perform
2022-08-10STA ResearchMaintains Hold
2022-08-09CIBC Capital MarketsMaintains Outperform
2022-07-22BMO FinancialDowngrade Outperform
2022-07-22Credit SuisseUpgrade
2022-07-19MorningstarMaintains Sell

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 6, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.63
Revenue Estimate
2.524B
Revenue Q2Q
4.82%
EPS Q2Q
4.55%
Number of Analysts
11

Next Earnings Revisions

Revenue (1 Month)
-1.76%
Revenue (3 Months)
-1.76%
EPS (1 Month)
-0.08%
EPS (3 Months)
-0.08%

Next Earnings Summary

H.CA is expected to report earnings on 5/6/2026. The consensus EPS estimate for the next earnings is 0.63 CAD and the consensus revenue estimate is 2.52B CAD.
The next earnings revenue estimate has been revised downward by 1.76% 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
Revenue
YoY % growth
H.CA revenue by date.H.CA revenue by date.
7.844B
0.82%		8.484B
8.16%		9.041B
6.57%		9.409B
4.07%		9.714B
3.24%		9.931B
2.23%		10.567B
6.40%
EBITDA
YoY % growth
H.CA ebitda by date.H.CA ebitda by date.
2.709B
0.26%		2.887B
6.57%		3.204B
10.98%		3.555B
10.96%		3.749B
5.46%		3.884B
3.60%		4.351B
12.02%
EBIT
YoY % growth
H.CA ebit by date.H.CA ebit by date.
1.843B
-1.50%		1.967B
6.73%		2.238B
13.78%		2.353B
5.14%		2.531B
7.56%		2.763B
9.17%		3.228B
16.83%
Operating Margin
H.CA operating margin by date.H.CA operating margin by date.
23.50%23.18%24.75%25.01%26.06%27.82%30.55%
EPS
YoY % growth
H.CA eps by date.H.CA eps by date.
1.80
2.86%		1.93
7.22%		2.23
15.54%		2.30
3.23%		2.38
3.28%		2.44
2.78%		2.72
11.47%

All data in CAD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28
EPS
Q2Q % growth		0.63
4.55%		0.58
7.04%		0.70
-0.11%		0.38
-2.71%		0.64
2.44%		0.57
-1.88%		0.74
6.49%		0.41
8.87%		0.67
4.76%		0.58
2.52%		0.76
2.19%
Revenue
Q2Q % growth		2.524B
4.82%		2.297B
11.18%		N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth		846.31M
2.58%		889.73M
-13.11%		N/AN/AN/AN/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		618.01M
4.39%		605.91M
8.39%		N/AN/AN/AN/AN/AN/AN/AN/AN/A

All data in CAD

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

H.CA Yearly Revenue VS EstimatesH.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2B 4B 6B 8B 10B
H.CA Yearly EPS VS EstimatesH.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 0.5 1 1.5 2 2.5

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
3.10%
EPS Next 5 Year
5.13%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
3.13%
Revenue Next 5 Year
3.94%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
19.59%
EBIT Next 5 Year
17.65%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

HYDRO ONE LTD / H.CA Forecast FAQ

What is the price target for H stock?

19 analysts have analysed H.CA and the average price target is 54.81 CAD. This implies a price decrease of -8.79% is expected in the next year compared to the current price of 60.09.

Can you provide the upcoming earnings date for HYDRO ONE LTD?

HYDRO ONE LTD (H.CA) will report earnings on 2026-05-06.

What are the consensus estimates for HYDRO ONE LTD (H.CA) next earnings?

The consensus EPS estimate for the next earnings of HYDRO ONE LTD (H.CA) is 0.63 CAD and the consensus revenue estimate is 2.52B CAD.

Can you provide the analyst count for HYDRO ONE LTD stock?

The number of analysts covering HYDRO ONE LTD (H.CA) is 19.