NATIONAL BANK OF CANADA (NA.CA) Forecast, Price Target & Analyst Ratings

Q: What do analysts expect the price target to be for NATIONAL BANK OF CANADA (NA.CA)?

22 analysts have analysed NA.CA and the average price target is 196.39 CAD. This implies a price decrease of -4.3% is expected in the next year compared to the current price of 205.21.

Q: When does NATIONAL BANK OF CANADA (NA.CA) report earnings?

NATIONAL BANK OF CANADA (NA.CA) will report earnings on 2026-05-27.

TSX:NA • CA6330671034

205.21 CAD

+0.17 (+0.08%)

Last: May 1, 2026, 07:00 PM

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for NATIONAL BANK OF CANADA (NA.CA).

Consensus Price Target

Price Target

CA$196.39

-4.30% Downside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: May 27, 2026
Period: Q2 / 2026
EPS Estimate: CA$3.16
Revenue Estimate: 3.844B

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

76.36%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

CA$196.39

Upside

-4.30%

From current price of CA$205.21 to mean target of CA$196.39, Based on 22 analyst forecasts

Low

CA$173.72

Median

CA$198.90

High

CA$220.50

Price Target Revisions

1 Month

7.66%

3 Months

10.95%

Price Target Summary

22 Wall Street analysts provided a forecast for the next 12 months for NA.CA. The average price target is 196.39 CAD. This implies a price decrease of -4.3% is expected in the next year compared to the current price of 205.21.

The average price target has been revised upward by 10.95% in the past 3 months.

→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

Analyst Ratings History

Analyst Ratings Consensus

ChartMill Buy Consensus

76.36%

NA.CA was analyzed by 22 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about NA.CA.

In the previous month the buy percentage consensus was at a similar level.

NA.CA was analyzed by 22 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2025-12-12	Canaccord Genuity	Maintains	Hold -> Hold
2025-07-17	SCOTIABANK GBM	Maintains	Outperform -> Outperform
2023-06-06	Desjardins Securities	Downgrade	Buy -> Hold
2022-12-08	Morningstar Inc.	Maintains	Buy
2022-12-02	Scotiabank Capital	Maintains	Outperform
2022-12-01	Keefe Bruyette Woods Capital	Downgrade	Market Perform
2022-12-01	RBC Royalbank	Upgrade	Sector Perform
2022-12-01	TD Research	Downgrade	Hold
2022-12-01	CIBC Capital Markets	Maintains	Outperform
2022-12-01	STA Research	Maintains	Underperform
2022-12-01	Cormark Securities	Downgrade
2022-12-01	Barclays	Upgrade
2022-12-01	Credit Suisse	Downgrade
2022-11-22	Scotiabank Capital	Upgrade	Outperform
2022-11-22	Credit Suisse	Upgrade
2022-10-07	STA Research	Upgrade	Underperform
2022-09-07	CIBC Capital Markets	Downgrade	Outperform
2022-09-02	Keefe Bruyette Woods Capital	Upgrade
2022-09-02	BMO Financial	Downgrade
2022-08-25	Morningstar Inc.	Upgrade	Buy
2022-08-25	Keefe Bruyette Woods Capital	Upgrade	Market Perform
2022-08-25	Canaccord Capital	Initiate	Hold
2022-08-25	TD Research	Maintains	Hold
2022-08-25	Scotiabank Capital	Maintains	Outperform
2022-08-25	Veritas Investment Research	Downgrade	Sell

Next Earnings Forecast Details

Next Earnings Details

Release Date: May 27, 2026
Period: Q2 / 2026
EPS Estimate: CA$3.16
Revenue Estimate: 3.844B
Revenue Q2Q: 5.32%
EPS Q2Q: 10.87%
Number of Analysts: 15

Next Earnings Revisions

Revenue (1 Month)

0.00%

Revenue (3 Months)

0.95%

EPS (1 Month)

0.00%

EPS (3 Months)

3.39%

Next Earnings Summary

NA.CA is expected to report earnings on 5/27/2026. The consensus EPS estimate for the next earnings is 3.16 CAD and the consensus revenue estimate is 3.84B CAD.

The next earnings revenue estimate has been revised upward by 0.95% in the past 3 months.

→ Find peers expecting at least 20% revenue growth next quarter

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	10.058B 4.21%	11.4B 13.34%	13.98B 22.63%	15.857B 13.43%	16.721B 5.45%	17.255B 3.19%	17.761B 2.93%	18.436B 3.80%
EBITDA YoY % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBIT YoY % growth	N/A 1.96%	N/A 12.26%	N/A 23.50%	7.836B 14.34%	8.355B 6.62%	8.186B -2.02%	8.588B 4.91%	8.947B 4.18%
Operating Margin	N/A	N/A	N/A	49.42%	49.97%	47.44%	48.35%	48.53%
EPS YoY % growth	9.59 -0.42%	10.39 8.34%	11.28 8.57%	13.01 15.29%	14.47 11.24%	15.47 6.94%	16.40 6.03%	17.33 5.64%

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	3.16 10.87%	3.23 20.34%	3.31 17.32%	3.52 8.20%	3.49 10.40%	3.68 14.06%	3.76 13.66%	3.80 8.08%	3.92 12.50%	3.89 5.84%	4.01 6.55%
Revenue Q2Q % growth	3.844B 5.32%	3.989B 15.66%	4.06B 9.79%	4.159B 6.83%	4.113B 7.00%	4.284B 7.40%	4.364B 7.49%	4.278B 2.86%	4.315B 4.91%	4.261B -0.54%	4.45B 1.97%
EBITDA Q2Q % growth	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A	N/A
EBIT Q2Q % growth	1.824B 17.00%	1.86B 6.35%	1.876B 12.13%	2.033B 10.49%	2.011B 10.25%	2.123B 14.14%	2.161B 15.19%	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

11.10%

EPS Next 5 Year

8.97%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year

6.79%

Revenue Next 5 Year

5.40%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year

N/A

EBIT Next 5 Year

N/A

→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NATIONAL BANK OF CANADA / NA.CA Forecast FAQ

What do analysts expect the price target to be for NATIONAL BANK OF CANADA (NA.CA)?

22 analysts have analysed NA.CA and the average price target is 196.39 CAD. This implies a price decrease of -4.3% is expected in the next year compared to the current price of 205.21.

When does NATIONAL BANK OF CANADA (NA.CA) report earnings?

NATIONAL BANK OF CANADA (NA.CA) will report earnings on 2026-05-27.

What are the consensus estimates for NATIONAL BANK OF CANADA (NA.CA) next earnings?

The consensus EPS estimate for the next earnings of NATIONAL BANK OF CANADA (NA.CA) is 3.16 CAD and the consensus revenue estimate is 3.84B CAD.

Can you provide the analyst count for NATIONAL BANK OF CANADA stock?

The number of analysts covering NATIONAL BANK OF CANADA (NA.CA) is 22.

Analyst forecast overview

Forecast Snapshot