Innergex Renewable Energy Inc (INE.CA) Forecast, Price Target & Analyst Ratings

TSX:INECA45790B1040

Current stock price

13.74 CAD
0 (0%)
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 Innergex Renewable Energy Inc (INE.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$12.81
-6.79% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
Aug 5, 2025
Period
Q2 / 2025
EPS Estimate
CA$0.08
Revenue Estimate
335.77M

ChartMill Buy Consensus

Rating
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 Wall Street analysts provided a forecast for the next 12 months for INE.CA. 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

INE Current Analyst RatingINE Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

INE Historical Analyst RatingsINE 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 2 4 6 8 10

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

DateFirmActionFrom → To
2022-12-15Scotiabank CapitalUpgrade Sector Perform
2022-11-21Credit SuisseUpgrade Outperform
2022-11-09RBC RoyalbankDowngrade Sector Perform
2022-11-09TD ResearchUpgrade Buy
2022-11-08BMO FinancialDowngrade
2022-11-08Scotiabank CapitalMaintains Sector Perform
2022-10-25Credit SuisseDowngrade Outperform
2022-10-20Scotiabank CapitalDowngrade Strong Buy
2022-10-18CIBC Capital MarketsDowngrade
2022-10-17National Bank of Canada FinancialInitiate Outperform
2022-10-07National Bank of Canada FinancialDowngrade Outperform
2022-10-07STA ResearchDowngrade Hold
2022-09-29CIBC Capital MarketsMaintains Outperform
2022-09-29Scotiabank CapitalUpgrade Sector Perform
2022-09-21National Bank of Canada FinancialUpgrade Outperform
2022-09-21TD ResearchMaintains Hold
2022-09-21CIBC Capital MarketsMaintains Outperform
2022-09-21Scotiabank CapitalMaintains Sector Perform
2022-09-21STA ResearchMaintains Hold
2022-09-16CIBC Capital MarketsUpgrade
2022-08-24Credit SuisseUpgrade
2022-08-17Scotiabank CapitalMaintains Sector Perform
2022-08-17STA ResearchMaintains Hold
2022-08-05TD ResearchDowngrade Hold
2022-08-05Cormark SecuritiesUpgrade

Next Earnings Forecast Details

Next Earnings Details

Release Date
Aug 5, 2025
Period
Q2 / 2025
EPS Estimate
CA$0.08
Revenue Estimate
335.77M
Revenue Q2Q
29.16%
EPS Q2Q
487.18%
Number of Analysts
4

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 2025 - 2027

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2022 2023 2024 2025 2026 2027
Revenue
YoY % growth
INE.CA revenue by date.INE.CA revenue by date.
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
INE.CA ebitda by date.INE.CA ebitda by date.
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
INE.CA ebit by date.INE.CA ebit by date.
313.591M
16.15%
351.083M
11.96%
325.668M
-7.24%
398.58M
22.39%
403.46M
1.22%
N/A
Operating Margin
INE.CA operating margin by date.INE.CA operating margin by date.
33.53%33.71%31.10%32.22%32.75%N/A
EPS
YoY % growth
INE.CA eps by date.INE.CA eps by date.
-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

INE.CA Yearly Revenue VS EstimatesINE.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 200M 400M 600M 800M 1B
INE.CA Yearly EPS VS EstimatesINE.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 0.1 -0.1 0.2 -0.2

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.

What are the consensus estimates for INE stock 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.

How many analysts have analysed Innergex Renewable Energy Inc (INE.CA)?

The number of analysts covering Innergex Renewable Energy Inc (INE.CA) is 10.