MEREN ENERGY INC (MER.CA) Forecast, Price Target & Analyst Ratings

TSX:MER • CA5889141019

2.25 CAD
+0.06 (+2.74%)
Last: Mar 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for MEREN ENERGY INC (MER.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$3.12
+ 38.74% Upside

Next Earnings Forecast

Earnings Estimate
Release DateMay 12, 2026
PeriodQ1 / 2026
EPS Estimate$0.03
Revenue Estimate136.35M

ChartMill Buy Consensus

Rating
86.67%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$3.12
Upside
+ 38.74%
From current price of CA$2.25 to mean target of CA$3.12, Based on 9 analyst forecasts
Low
CA$2.53
Median
CA$2.71
High
CA$4.65

Price Target Revisions

1 Month
0.00%
3 Months
0.00%

Price Target Summary

9 analysts have analysed MER.CA and the average price target is 3.12 CAD. This implies a price increase of 38.74% is expected in the next year compared to the current price of 2.25.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

MER Current Analyst RatingMER Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 0 0 0 0 0

Analyst Ratings History

MER Historical Analyst RatingsMER 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

Analyst Ratings Consensus

ChartMill Buy Consensus
86.67%
MER.CA was analyzed by 9 analysts. The buy percentage consensus is at 87. So analysts seem to be very confident about MER.CA.
In the previous month the buy percentage consensus was at a similar level.
MER.CA was analyzed by 9 analysts. More opinions would make the average more meaningful.
 → Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Next Earnings Forecast Details

Next Earnings Details

Release DateMay 12, 2026
PeriodQ1 / 2026
EPS Estimate$0.03
Revenue Estimate136.35M
Revenue Q2Q78.47%
EPS Q2Q51.50%
Number of Analysts2

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
-4.39%
EPS (1 Month)
0.00%
EPS (3 Months)
-50.00%

Next Earnings Summary

MER.CA is expected to report earnings on 5/12/2026. The consensus EPS estimate for the next earnings is 0.03 CAD and the consensus revenue estimate is 136.35M CAD.
The next earnings revenue estimate has been revised downward by 4.39% 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
MER.CA revenue by date.MER.CA revenue by date.
562.1M552.84M
-1.65%		580.04M
4.92%		652.46M
12.49%
EBITDA
YoY % growth
MER.CA ebitda by date.MER.CA ebitda by date.
N/A
-60.05%		N/A
-113.21%		313.9M
3,177.15%		365.32M
16.38%		408.8M
11.90%		414.1M
1.30%
EBIT
YoY % growth
MER.CA ebit by date.MER.CA ebit by date.
-31.9M
-18.15%		-32.4M
-1.57%		104.9M
423.77%		323.71M
208.59%		345.42M
6.71%		N/A
Operating Margin
MER.CA operating margin by date.MER.CA operating margin by date.
N/AN/A18.66%58.55%59.55%N/A
EPS
YoY % growth
MER.CA eps by date.MER.CA eps by date.
N/A
397.95%		0.07
-84.34%		N/A
231.86%		0.15
-33.74%		0.26
68.96%		0.32
24.27%

All data in USD

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

Q1 / 26 Q2 / 26
EPS
Q2Q % growth		0.03
51.50%		0.04
33.33%
Revenue
Q2Q % growth		136.35M
78.47%		135.34M
95.30%
EBITDA
Q2Q % growth		77.77M
564.70%		77.77M
-34.70%
EBIT
Q2Q % growth		29.29M
7,422.50%		33.33M
-9.18%

All data in USD

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

MER.CA Yearly Revenue VS EstimatesMER.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
MER.CA Yearly EPS VS EstimatesMER.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 0 0.2 0.4

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
78.37%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
29.82%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
95.83%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

MEREN ENERGY INC / MER.CA Forecast FAQ

What do analysts expect the price target to be for MEREN ENERGY INC (MER.CA)?

9 analysts have analysed MER.CA and the average price target is 3.12 CAD. This implies a price increase of 38.74% is expected in the next year compared to the current price of 2.25.


When does MEREN ENERGY INC (MER.CA) report earnings?

MEREN ENERGY INC (MER.CA) will report earnings on 2026-05-12.


What are the consensus estimates for MER stock next earnings?

The consensus EPS estimate for the next earnings of MEREN ENERGY INC (MER.CA) is 0.03 CAD and the consensus revenue estimate is 136.35M CAD.


What is the expected long term growth rate for MER stock?

The expected long term growth rate for MEREN ENERGY INC (MER.CA) is 29.82%.