Innergex Renewable Energy Inc (INE.CA) Forecast, Price Target & Analyst Ratings
TSX:INE • CA45790B1040
13.74 CAD
0 (0%)
Last: Jul 22, 2025, 07:00 PM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for Innergex Renewable Energy Inc (INE.CA).
Forecast Snapshot
Consensus Price Target
CA$12.81
-6.79% Downside
Next Earnings Forecast
Release DateAug 5, 2025
PeriodQ2 / 2025
EPS EstimateCA$0.08
Revenue Estimate335.77M
ChartMill Buy Consensus
72.00%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$12.81
Upside
-6.79%
From current price of CA$13.74 to mean target of CA$12.81, Based on 10 analyst forecasts
Low
CA$9.09
Median
CA$14.03
High
CA$14.44
Price Target Revisions
1 Month
0.00%
3 Months
0.00%
Price Target Summary
10 analysts have analysed INE.CA and the average price target is 12.81 CAD. This implies a price decrease of -6.79% is expected in the next year compared to the current price of 13.74.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
72.00%
INE.CA was analyzed by 10 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about INE.CA.
In the previous month the buy percentage consensus was at a similar level.
INE.CA was analyzed by 10 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-12-15 | Scotiabank Capital | Upgrade | Sector Perform |
| 2022-11-21 | Credit Suisse | Upgrade | Outperform |
| 2022-11-09 | RBC Royalbank | Downgrade | Sector Perform |
| 2022-11-09 | TD Research | Upgrade | Buy |
| 2022-11-08 | BMO Financial | Downgrade | |
| 2022-11-08 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-10-25 | Credit Suisse | Downgrade | Outperform |
| 2022-10-20 | Scotiabank Capital | Downgrade | Strong Buy |
| 2022-10-18 | CIBC Capital Markets | Downgrade | |
| 2022-10-17 | National Bank of Canada Financial | Initiate | Outperform |
| 2022-10-07 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-10-07 | STA Research | Downgrade | Hold |
| 2022-09-29 | CIBC Capital Markets | Maintains | Outperform |
| 2022-09-29 | Scotiabank Capital | Upgrade | Sector Perform |
| 2022-09-21 | National Bank of Canada Financial | Upgrade | Outperform |
| 2022-09-21 | TD Research | Maintains | Hold |
| 2022-09-21 | CIBC Capital Markets | Maintains | Outperform |
| 2022-09-21 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-09-21 | STA Research | Maintains | Hold |
| 2022-09-16 | CIBC Capital Markets | Upgrade | |
| 2022-08-24 | Credit Suisse | Upgrade | |
| 2022-08-17 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-08-17 | STA Research | Maintains | Hold |
| 2022-08-05 | TD Research | Downgrade | Hold |
| 2022-08-05 | Cormark Securities | Upgrade |
Next Earnings Forecast Details
Next Earnings Details
Release DateAug 5, 2025
PeriodQ2 / 2025
EPS EstimateCA$0.08
Revenue Estimate335.77M
Revenue Q2Q29.16%
EPS Q2Q487.18%
Number of Analysts4
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
2.44%
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%
Next Earnings Summary
INE.CA is expected to report earnings on 8/5/2025. The consensus EPS estimate for the next earnings is 0.08 CAD and the consensus revenue estimate is 335.77M CAD.
The next earnings revenue estimate has been revised upward by 2.44% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 935.223M 25.16% | 1.042B 11.37% | 1.047B 0.54% | 1.237B 18.13% | 1.232B -0.40% | 1.214B -1.46% | |
| EBITDA YoY % growth | 649.644M 23.59% | 712.375M 9.66% | 706.344M -0.85% | 848.2M 20.08% | 851.96M 0.44% | 865.57M 1.60% | |
| EBIT YoY % growth | 313.591M 16.15% | 351.083M 11.96% | 325.668M -7.24% | 398.58M 22.39% | 403.46M 1.22% | N/A | |
| Operating Margin | 33.53% | 33.71% | 31.10% | 32.22% | 32.75% | N/A | |
| EPS YoY % growth | -0.18 -191.67% | -0.02 88.57% | 0.26 1,400.00% | 0.07 -72.81% | -0.03 -146.43% | 0.16 592.31% |
All data in CAD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q2 / 25 | Q3 / 25 | Q4 / 25 | |
|---|---|---|---|
| EPS Q2Q % growth | 0.08 487.18% | 0.03 -49.50% | 0.06 -81.64% |
| Revenue Q2Q % growth | 335.77M 29.16% | 310.68M 20.13% | 294.01M 2.78% |
| EBITDA Q2Q % growth | 239.42M -10.92% | 220.71M -38.91% | 188.97M -61.36% |
| EBIT Q2Q % growth | 118.37M 50.90% | 100.29M 36.83% | N/A |
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
-14.66%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
4.53%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
42.46%
EBIT Next 5 Year
N/A
Innergex Renewable Energy Inc / INE.CA Forecast FAQ
What is the average price target for Innergex Renewable Energy Inc (INE.CA) stock?
10 analysts have analysed INE.CA and the average price target is 12.81 CAD. This implies a price decrease of -6.79% is expected in the next year compared to the current price of 13.74.
When does Innergex Renewable Energy Inc (INE.CA) report earnings?
Innergex Renewable Energy Inc (INE.CA) will report earnings on 2025-08-05, after the market close.
Can you provide the consensus estimates for Innergex Renewable Energy Inc next earnings?
The consensus EPS estimate for the next earnings of Innergex Renewable Energy Inc (INE.CA) is 0.08 CAD and the consensus revenue estimate is 335.77M CAD.
What is the expected long term growth rate for Innergex Renewable Energy Inc (INE.CA)?
The expected long term growth rate for Innergex Renewable Energy Inc (INE.CA) is 4.53%.