NEXTSOURCE MATERIALS INC (NEXT.CA) Forecast, Price Target & Analyst Ratings

TSX:NEXT • CA65343M2094

Current stock price

0.27 CAD
-0.01 (-3.57%)
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 NEXTSOURCE MATERIALS INC (NEXT.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$0.82
+ 202.22% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 13, 2026
Period
Q3 / 2026
EPS Estimate
-$0.01
Revenue Estimate
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
80.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$0.82
Upside
+ 202.22%
From current price of CA$0.27 to mean target of CA$0.82, Based on 8 analyst forecasts
Low
CA$0.81
Median
CA$0.82
High
CA$0.84

Price Target Revisions

1 Month
-38.46%
3 Months
-38.46%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for NEXT.CA. The average price target is 0.82 CAD. This implies a price increase of 202.22% is expected in the next year compared to the current price of 0.27.
The average price target has been revised downward by 38.46% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NEXT Current Analyst RatingNEXT 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

NEXT Historical Analyst RatingsNEXT 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
80.00%
NEXT.CA was analyzed by 8 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about NEXT.CA.
In the previous month the buy percentage consensus was at a similar level.
NEXT.CA was analyzed by 8 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-05-26BMO FinancialInitiate Outperform
2021-11-18CormarkSecuritiesUpgrade Buy
2021-06-15Cormark SecuritiesInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 13, 2026
Period
Q3 / 2026
EPS Estimate
-$0.01
Revenue Estimate
N/A
Revenue Q2Q
N/A
EPS Q2Q
0.00%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
N/A
Revenue (3 Months)
N/A
EPS (1 Month)
0.00%
EPS (3 Months)
0.00%

Next Earnings Summary

NEXT.CA is expected to report earnings on 5/13/2026. The consensus EPS estimate for the next earnings is -0.01 CAD and the consensus revenue estimate is null CAD.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2028

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

2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
NEXT.CA revenue by date.NEXT.CA revenue by date.
714.8K1.02M
42.70%		10.2M
900.00%		11.22M
10.00%
EBITDA
YoY % growth
NEXT.CA ebitda by date.NEXT.CA ebitda by date.
-4.4M
-74.60%		-7.172M
-62.99%		-11.19M
-56.03%		-11.22M
-0.27%		-9.18M
18.18%		-6.12M
33.33%
EBIT
YoY % growth
NEXT.CA ebit by date.NEXT.CA ebit by date.
-4.79M
-87.11%		-7.37M
-53.86%		-11.855M
-60.85%		-11.22M
5.36%		-9.18M
18.18%		-7.14M
22.22%
Operating Margin
NEXT.CA operating margin by date.NEXT.CA operating margin by date.
N/AN/A-1,658.51%-1,100.00%-90.00%-63.64%
EPS
YoY % growth
NEXT.CA eps by date.NEXT.CA eps by date.
N/A
-100.00%		N/A
37.50%		N/A-0.05-0.02
60.00%		-0.03
-50.00%

All data in USD

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

Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		-0.01-0.01-0.010.000.00
100.00%		0.00
100.00%
Revenue
Q2Q % growth		N/AN/AN/AN/AN/AN/A
EBITDA
Q2Q % growth		N/AN/AN/AN/AN/AN/A
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/A

All data in USD

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

NEXT.CA Yearly Revenue VS EstimatesNEXT.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2023 2025 2026 2027 2028 10M 20M 30M
NEXT.CA Yearly EPS VS EstimatesNEXT.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2022 2023 2024 2025 2026 2027 2028 -0.02 -0.04 -0.06 -0.08

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
11.87%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

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

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
14.47%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

NEXTSOURCE MATERIALS INC / NEXT.CA Forecast FAQ

What is the average price target for NEXTSOURCE MATERIALS INC (NEXT.CA) stock?

8 analysts have analysed NEXT.CA and the average price target is 0.82 CAD. This implies a price increase of 202.22% is expected in the next year compared to the current price of 0.27.

Can you provide the upcoming earnings date for NEXTSOURCE MATERIALS INC?

NEXTSOURCE MATERIALS INC (NEXT.CA) will report earnings on 2026-05-13.

Can you provide the consensus rating for NEXTSOURCE MATERIALS INC stock?

The consensus rating for NEXTSOURCE MATERIALS INC (NEXT.CA) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.