MEG Energy Corp (MEG.CA) Forecast, Price Target & Analyst Ratings
TSX:MEG • CA5527041084
30.89 CAD
+0.22 (+0.72%)
Last: Nov 14, 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 MEG Energy Corp (MEG.CA).
Forecast Snapshot
Consensus Price Target
CA$30.22
-2.18% Downside
Next Earnings Forecast
Release DateFeb 25, 2026
PeriodQ4 / 2025
EPS EstimateCA$0.43
Revenue Estimate1.208B
ChartMill Buy Consensus
70.77%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$30.22
Upside
-2.18%
From current price of CA$30.89 to mean target of CA$30.22, Based on 13 analyst forecasts
Low
CA$28.28
Median
CA$30.60
High
CA$32.55
Price Target Revisions
1 Month
3.17%
3 Months
3.74%
Price Target Summary
13 analysts have analysed MEG.CA and the average price target is 30.22 CAD. This implies a price decrease of -2.18% is expected in the next year compared to the current price of 30.89.
The average price target has been revised upward by 3.74% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
70.77%
MEG.CA was analyzed by 13 analysts. The buy percentage consensus is at 71. So analysts seem to be have mildly positive about MEG.CA.
In the last month the buy percentage fell by 5 points. So the trust of analysts is decreasing.
MEG.CA was analyzed by 13 analysts, which is quite many. So the average rating should be quite meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2022-12-13 | BMO Financial | Downgrade | |
| 2022-12-05 | JP Morgan & Company | Downgrade | Hold |
| 2022-12-05 | STA Research | Maintains | Hold |
| 2022-11-29 | National Bank of Canada Financial | Maintains | Outperform |
| 2022-11-29 | TD Research | Maintains | Hold |
| 2022-11-29 | CIBC Capital Markets | Maintains | Neutral |
| 2022-11-29 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-11-14 | Raymond James Capital | Downgrade | Market Perform |
| 2022-11-10 | RBC Royalbank | Upgrade | Outperform |
| 2022-11-10 | BMO Financial | Upgrade | Market Perform |
| 2022-11-10 | CIBC Capital Markets | Maintains | Neutral |
| 2022-11-10 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-11-10 | STA Research | Maintains | Hold |
| 2022-10-14 | Raymond James Capital | Downgrade | |
| 2022-09-30 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-09-26 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-09-26 | STA Research | Maintains | Hold |
| 2022-08-31 | CIBC Capital Markets | Downgrade | |
| 2022-08-16 | JP Morgan and Company | Upgrade | Hold |
| 2022-08-16 | JP Morgan & Company | Upgrade | Hold |
| 2022-08-16 | STA Research | Maintains | Hold |
| 2022-07-29 | TD Research | Downgrade | Hold |
| 2022-07-29 | Scotiabank Capital | Maintains | Sector Perform |
| 2022-07-18 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-06-30 | JP Morgan & Company | Upgrade | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 25, 2026
PeriodQ4 / 2025
EPS EstimateCA$0.43
Revenue Estimate1.208B
Revenue Q2Q5.32%
EPS Q2Q7.19%
Number of Analysts5
Next Earnings Revisions
Revenue (1 Month)
-1.23%
Revenue (3 Months)
-1.23%
EPS (1 Month)
7.47%
EPS (3 Months)
7.47%
Next Earnings Summary
MEG.CA is expected to report earnings on 2/25/2026. The consensus EPS estimate for the next earnings is 0.43 CAD and the consensus revenue estimate is 1.21B CAD.
The next earnings revenue estimate has been revised downward by 1.23% 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 | 2028 | 2029 | ||
|---|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 6.118B 41.59% | 5.653B -7.60% | 5.149B -8.92% | 4.383B -14.88% | 4.927B 12.41% | 5.411B 9.82% | 6.128B 13.25% | 6.124B -0.07% | |
| EBITDA YoY % growth | 2.08B 53.62% | 1.524B -26.73% | 1.497B -1.77% | 1.203B -19.64% | 1.173B -2.49% | 1.278B 8.95% | 1.444B 12.99% | 1.415B -2.01% | |
| EBIT YoY % growth | 1.573B 74.00% | 928M -41.00% | 877M -5.50% | 705.84M -19.52% | 557.83M -20.97% | 745.28M 33.60% | 856.8M 14.96% | 859.89M 0.36% | |
| Operating Margin | 25.71% | 16.42% | 17.03% | 16.10% | 11.32% | 13.77% | 13.98% | 14.04% | |
| EPS YoY % growth | 2.91 209.57% | 1.98 -31.96% | 1.88 -5.05% | 1.90 1.09% | 1.58 -16.93% | 2.15 36.16% | 6.62 207.86% | 5.97 -9.71% |
All data in CAD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | Q1 / 27 | Q2 / 27 | Q3 / 27 | Q4 / 27 | |
|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.43 7.19% | 0.38 -53.44% | 0.45 72.22% | 0.51 -18.30% | 0.38 -12.37% | 0.30 -22.49% | 0.39 -13.38% | 0.47 -7.88% | 0.28 -24.46% |
| Revenue Q2Q % growth | 1.208B 5.32% | 1.276B 9.81% | 1.28B 69.09% | N/A | N/A | N/A | N/A | N/A | N/A |
| EBITDA Q2Q % growth | 321.53M -61.59% | 528.6M 36.24% | 543.21M 133.14% | 349.26M -36.84% | 254.92M -20.72% | 273.21M -48.31% | 266.24M -50.99% | 328.35M -5.99% | 291.18M 14.22% |
| EBIT Q2Q % growth | 132.31M -39.03% | 613.66M 107.32% | 635.62M 863.06% | N/A | N/A | N/A | N/A | N/A | 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
4.57%
EPS Next 5 Year
26.02%
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
5.27%
Revenue Next 5 Year
5.72%
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
19.45%
EBIT Next 5 Year
13.54%
MEG Energy Corp / MEG.CA Forecast FAQ
What is the price target for MEG stock?
13 analysts have analysed MEG.CA and the average price target is 30.22 CAD. This implies a price decrease of -2.18% is expected in the next year compared to the current price of 30.89.
Can you provide the upcoming earnings date for MEG Energy Corp?
MEG Energy Corp (MEG.CA) will report earnings on 2026-02-25, after the market close.
What are the consensus estimates for MEG stock next earnings?
The consensus EPS estimate for the next earnings of MEG Energy Corp (MEG.CA) is 0.43 CAD and the consensus revenue estimate is 1.21B CAD.
What is the expected long term growth rate for MEG stock?
The expected long term growth rate for MEG Energy Corp (MEG.CA) is 5.27%.