MULLEN GROUP LTD (MTL.CA) Forecast, Price Target & Analyst Ratings

TSX:MTLCA6252841045

Current stock price

19.95 CAD
+0.51 (+2.62%)
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 MULLEN GROUP LTD (MTL.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$18.95
-5.03% Downside

Next Earnings Forecast

Earnings Estimate
Release Date
Jul 22, 2026
Period
Q2 / 2026
EPS Estimate
CA$0.33
Revenue Estimate
582.88M

ChartMill Buy Consensus

Rating
75.38%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$18.95
Upside
-5.03%
From current price of CA$19.95 to mean target of CA$18.95, Based on 13 analyst forecasts
Low
CA$15.15
Median
CA$19.38
High
CA$22.05

Price Target Revisions

1 Month
0.27%
3 Months
9.26%

Price Target Summary

13 Wall Street analysts provided a forecast for the next 12 months for MTL.CA. The average price target is 18.95 CAD. This implies a price decrease of -5.03% is expected in the next year compared to the current price of 19.95.
The average price target has been revised upward by 9.26% in the past 3 months.

Analyst Ratings & History

Current Analyst Ratings

MTL Current Analyst RatingMTL Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

MTL Historical Analyst RatingsMTL 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

Analyst Ratings Consensus

ChartMill Buy Consensus
75.38%
MTL.CA was analyzed by 13 analysts. The buy percentage consensus is at 75. So analysts seem to be have mildly positive about MTL.CA.
In the previous month the buy percentage consensus was at a similar level.
MTL.CA was analyzed by 13 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-12-12Desjardins SecuritiesMaintains Buy -> Buy
2025-01-06TD CowenMaintains Buy -> Buy
2022-12-13CIBC Capital MarketsMaintains Neutral
2022-12-13STA ResearchMaintains Hold
2022-10-21RBC RoyalbankDowngrade Sector Perform
2022-10-21BMO FinancialDowngrade
2022-10-21Scotiabank CapitalMaintains Outperform
2022-10-20CIBC Capital MarketsMaintains Neutral
2022-10-07CIBC Capital MarketsDowngrade Neutral
2022-07-22Raymond James CapitalUpgrade Strong-Buy
2022-07-22RBC RoyalbankUpgrade Outperform
2022-07-22National Bank of Canada FinancialUpgrade
2022-07-22BMO FinancialUpgrade
2022-07-22TD ResearchUpgrade Buy
2022-07-22CIBC Capital MarketsUpgrade Outperform
2022-07-22Scotiabank CapitalMaintains Outperform
2022-07-22Haywood SecuritiesUpgrade Buy
2022-07-22Credit SuisseUpgrade Strong Buy
2022-07-21STA ResearchDowngrade Hold
2022-05-04Raymond James CapitalInitiate Outperform
2022-05-04Scotiabank CapitalMaintains Outperform
2022-04-22RBC RoyalbankUpgrade Outperform
2022-04-22TD ResearchDowngrade Buy
2022-04-22CIBC Capital MarketsUpgrade Neutral
2022-04-22Cormark SecuritiesUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Jul 22, 2026
Period
Q2 / 2026
EPS Estimate
CA$0.33
Revenue Estimate
582.88M
Revenue Q2Q
7.76%
EPS Q2Q
16.63%
Number of Analysts
7

Next Earnings Revisions

Revenue (1 Month)
0.00%
Revenue (3 Months)
3.63%
EPS (1 Month)
-1.52%
EPS (3 Months)
7.78%

Next Earnings Summary

MTL.CA is expected to report earnings on 7/22/2026. The consensus EPS estimate for the next earnings is 0.33 CAD and the consensus revenue estimate is 582.88M CAD.
The next earnings revenue estimate has been revised upward by 3.63% in the past 3 months.

Full Analyst Estimates 2026 - 2030

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

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
MTL.CA revenue by date.MTL.CA revenue by date.
1.995B
-0.24%
1.989B
-0.27%
2.134B
7.26%
2.307B
8.12%
2.356B
2.12%
2.301B
-2.33%
2.278B
-1.00%
2.317B
1.71%
EBITDA
YoY % growth
MTL.CA ebitda by date.MTL.CA ebitda by date.
328.962M
0.64%
322.177M
-2.06%
324.613M
0.76%
364.01M
12.14%
378.03M
3.85%
374.69M
-0.88%
383.47M
2.34%
390.57M
1.85%
EBIT
YoY % growth
MTL.CA ebit by date.MTL.CA ebit by date.
213.073M
-0.60%
191.274M
-10.23%
178.245M
-6.81%
211.65M
18.74%
223.65M
5.67%
217.15M
-2.91%
232.31M
6.98%
235.36M
1.31%
Operating Margin
MTL.CA operating margin by date.MTL.CA operating margin by date.
10.68%9.62%8.35%9.17%9.49%9.44%10.20%10.16%
EPS
YoY % growth
MTL.CA eps by date.MTL.CA eps by date.
1.46
-9.32%
1.24
-15.07%
1.00
-19.35%
1.22
22.46%
1.35
10.00%
1.16
-13.78%
1.42
22.29%
N/A

All data in CAD

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

Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth
0.33
16.63%
0.42
15.50%
0.30
89.38%
0.21
12.22%
0.35
8.25%
0.46
10.93%
0.34
13.33%
0.20
-4.76%
0.36
2.86%
0.43
-5.84%
0.25
-26.47%
Revenue
Q2Q % growth
582.88M
7.76%
600.79M
6.94%
576.33M
7.97%
547.12M
-0.11%
598.12M
2.61%
610.85M
1.67%
589.44M
2.27%
N/AN/AN/AN/A
EBITDA
Q2Q % growth
94.957M
-20.90%
103.95M
-36.91%
88.524M
-51.69%
83.241M
13.04%
98.653M
3.89%
104.82M
0.84%
91.94M
3.86%
85.118M
2.25%
100.86M
2.24%
105.85M
0.98%
92.753M
0.88%
EBIT
Q2Q % growth
55.348M
9.75%
66.66M
16.92%
46.999M
27.52%
46.763M
31.03%
60.6M
9.49%
69.892M
4.85%
57.065M
21.42%
N/AN/AN/AN/A

All data in CAD

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

MTL.CA Yearly Revenue VS EstimatesMTL.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 500M 1B 1.5B 2B
MTL.CA Yearly EPS VS EstimatesMTL.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

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
5.12%
EPS Next 5 Year
9.17%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
2.18%
Revenue Next 5 Year
1.44%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
26.67%
EBIT Next 5 Year
16.20%

MULLEN GROUP LTD / MTL.CA Forecast FAQ

Can you provide the average price target for MULLEN GROUP LTD stock?

13 analysts have analysed MTL.CA and the average price target is 18.95 CAD. This implies a price decrease of -5.03% is expected in the next year compared to the current price of 19.95.

What is the next earnings date for MTL stock?

MULLEN GROUP LTD (MTL.CA) will report earnings on 2026-07-22.

What are the consensus estimates for MTL stock next earnings?

The consensus EPS estimate for the next earnings of MULLEN GROUP LTD (MTL.CA) is 0.33 CAD and the consensus revenue estimate is 582.88M CAD.

Can you provide the consensus rating for MULLEN GROUP LTD stock?

The consensus rating for MULLEN GROUP LTD (MTL.CA) is 75.3846 / 100 . This indicates that analysts generally have a positive outlook on the stock.