NORTH AMERICAN CONSTRUCTION (NOA.CA) Forecast, Price Target & Analyst Ratings
TSX:NOA • CA6568111067
22.48 CAD
-0.64 (-2.77%)
Last: Mar 6, 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 NORTH AMERICAN CONSTRUCTION (NOA.CA).
Forecast Snapshot
Consensus Price Target
CA$30.19
+ 34.31% Upside
Next Earnings Forecast
Release DateMar 11, 2026
PeriodQ4 / 2025
EPS EstimateCA$0.72
Revenue Estimate349.75M
ChartMill Buy Consensus
80.00%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$30.19
Upside
+ 34.31%
From current price of CA$22.48 to mean target of CA$30.19, Based on 8 analyst forecasts
Low
CA$20.20
Median
CA$26.52
High
CA$43.05
Price Target Revisions
1 Month
0.00%
3 Months
-3.18%
Price Target Summary
8 analysts have analysed NOA.CA and the average price target is 30.19 CAD. This implies a price increase of 34.31% is expected in the next year compared to the current price of 22.48.
The average price target has been revised downward by 3.18% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
80.00%
NOA.CA was analyzed by 8 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about NOA.CA.
In the previous month the buy percentage consensus was at a similar level.
NOA.CA was analyzed by 8 analysts. More opinions would make the average more meaningful.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2025-07-17 | TD Cowen | Maintains | Buy -> Buy |
| 2022-12-13 | BMO Financial | Upgrade | |
| 2022-10-31 | ATB Capital | Upgrade | |
| 2022-10-28 | National Bank of Canada Financial | Upgrade | |
| 2022-10-28 | CIBC Capital Markets | Upgrade | |
| 2022-10-27 | BMO Financial | Upgrade | |
| 2022-10-13 | CIBC Capital Markets | Downgrade | |
| 2022-07-29 | National Bank of Canada Financial | Downgrade | Outperform |
| 2022-07-28 | Raymond James Capital | Downgrade | Outperform |
| 2022-07-28 | ATB Capital | Downgrade | |
| 2022-07-26 | PI Financial | Downgrade | Buy |
| 2022-07-13 | National Bank of Canada Financial | Initiate | Outperform |
| 2022-07-13 | CIBC Capital Markets | Downgrade | Neutral |
| 2022-07-07 | ATB Capital | Downgrade | Outperform |
| 2022-04-29 | CIBC Capital Markets | Downgrade | Neutral |
| 2022-04-28 | BMO Financial | Initiate | Outperform |
| 2022-04-25 | Raymond James Capital | Upgrade | Outperform |
| 2022-02-18 | National Bank of Canada Financial | Upgrade | Outperform |
| 2022-02-18 | Canaccord Capital | Upgrade | Buy |
| 2022-02-18 | CIBC Capital Markets | Upgrade | Neutral |
| 2022-02-17 | Raymond James Financial | Initiate | Outperform |
| 2021-12-09 | TDNewcrest | Upgrade | Hold |
| 2021-10-29 | National Bank Financial | Upgrade | Outperform |
| 2021-10-28 | Raymond James Financial | Upgrade | Outperform |
| 2021-10-21 | Canaccord Genuity | Upgrade | Buy |
Next Earnings Forecast Details
Next Earnings Details
Release DateMar 11, 2026
PeriodQ4 / 2025
EPS EstimateCA$0.72
Revenue Estimate349.75M
Revenue Q2Q14.45%
EPS Q2Q-27.79%
Number of Analysts6
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
-5.15%
EPS (1 Month)
0.00%
EPS (3 Months)
-3.38%
Next Earnings Summary
NOA.CA is expected to report earnings on 3/11/2026. The consensus EPS estimate for the next earnings is 0.72 CAD and the consensus revenue estimate is 349.75M CAD.
The next earnings revenue estimate has been revised downward by 5.15% in the past 3 months. Downward revisions are a negative sign and indicate that analysts are more pessimistic about the next earnings compared to 3 months ago.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2022 | 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 769.539M 17.64% | 957.22M 24.39% | 1.166B 21.79% | 1.336B 14.60% | 1.453B 8.76% | 1.531B 5.37% | N/A | |
| EBITDA YoY % growth | 190.961M 27.29% | 228.692M 19.76% | 320.78M 40.27% | 382.33M 19.19% | 409.12M 7.01% | 428.84M 4.82% | 436.93M 1.89% | |
| EBIT YoY % growth | 71.693M 70.67% | 97.373M 35.82% | 154.097M 58.25% | 144.08M -6.50% | 187.36M 30.04% | 193.92M 3.50% | N/A | |
| Operating Margin | 9.32% | 10.17% | 13.22% | 10.78% | 12.89% | 12.67% | N/A | |
| EPS YoY % growth | 2.34 13.59% | 2.84 21.37% | 3.73 31.34% | 2.02 -45.91% | 3.11 53.94% | 3.56 14.69% | N/A |
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 | |
|---|---|---|---|---|---|
| EPS Q2Q % growth | 0.72 -27.79% | 0.66 26.25% | 0.72 3,485.50% | 1.04 55.27% | 1.01 39.86% |
| Revenue Q2Q % growth | 349.75M 14.45% | 380.93M 11.76% | 363.66M 13.42% | 358.21M 12.91% | 378.63M 8.26% |
| EBITDA Q2Q % growth | 100.98M -46.67% | 104.01M 15.15% | 99.551M -27.81% | 100.53M -50.04% | 107.11M 6.07% |
| EBIT Q2Q % growth | 42.42M 87.12% | 49.49M 67.15% | 42.824M 88.83% | 51.914M 42.28% | 54.641M 28.81% |
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
-1.53%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
8.40%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
30.23%
EBIT Next 5 Year
22.48%
NORTH AMERICAN CONSTRUCTION / NOA.CA Forecast FAQ
What is the average price target for NORTH AMERICAN CONSTRUCTION (NOA.CA) stock?
8 analysts have analysed NOA.CA and the average price target is 30.19 CAD. This implies a price increase of 34.31% is expected in the next year compared to the current price of 22.48.
What is the next earnings date for NOA stock?
NORTH AMERICAN CONSTRUCTION (NOA.CA) will report earnings on 2026-03-11, before the market open.
What are the consensus estimates for NOA stock next earnings?
The consensus EPS estimate for the next earnings of NORTH AMERICAN CONSTRUCTION (NOA.CA) is 0.72 CAD and the consensus revenue estimate is 349.75M CAD.
How do analysts rate NORTH AMERICAN CONSTRUCTION (NOA.CA)?
The consensus rating for NORTH AMERICAN CONSTRUCTION (NOA.CA) is 80 / 100 . This indicates that analysts generally have a positive outlook on the stock.