NORTH AMERICAN CONSTRUCTION (NOA.CA) Forecast, Price Target & Analyst Ratings

TSX:NOA • CA6568111067

Current stock price

19.19 CAD
-0.15 (-0.78%)
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 NORTH AMERICAN CONSTRUCTION (NOA.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$26.78
+ 39.53% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.40
Revenue Estimate
356.53M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
82.50%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$26.78
Upside
+ 39.53%
From current price of CA$19.19 to mean target of CA$26.78, Based on 8 analyst forecasts
Low
CA$20.20
Median
CA$24.99
High
CA$37.80

Price Target Revisions

1 Month
-11.32%
3 Months
-13.33%

Price Target Summary

8 Wall Street analysts provided a forecast for the next 12 months for NOA.CA. The average price target is 26.78 CAD. This implies a price increase of 39.53% is expected in the next year compared to the current price of 19.19.
The average price target has been revised downward by 13.33% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

NOA Current Analyst RatingNOA Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

NOA Historical Analyst RatingsNOA 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
82.50%
NOA.CA was analyzed by 8 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident 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.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-07-17TD CowenMaintains Buy -> Buy
2022-12-13BMO FinancialUpgrade
2022-10-31ATB CapitalUpgrade
2022-10-28National Bank of Canada FinancialUpgrade
2022-10-28CIBC Capital MarketsUpgrade
2022-10-27BMO FinancialUpgrade
2022-10-13CIBC Capital MarketsDowngrade
2022-07-29National Bank of Canada FinancialDowngrade Outperform
2022-07-28Raymond James CapitalDowngrade Outperform
2022-07-28ATB CapitalDowngrade
2022-07-26PI FinancialDowngrade Buy
2022-07-13National Bank of Canada FinancialInitiate Outperform
2022-07-13CIBC Capital MarketsDowngrade Neutral
2022-07-07ATB CapitalDowngrade Outperform
2022-04-29CIBC Capital MarketsDowngrade Neutral
2022-04-28BMO FinancialInitiate Outperform
2022-04-25Raymond James CapitalUpgrade Outperform
2022-02-18National Bank of Canada FinancialUpgrade Outperform
2022-02-18Canaccord CapitalUpgrade Buy
2022-02-18CIBC Capital MarketsUpgrade Neutral
2022-02-17Raymond James FinancialInitiate Outperform
2021-12-09TDNewcrestUpgrade Hold
2021-10-29National Bank FinancialUpgrade Outperform
2021-10-28Raymond James FinancialUpgrade Outperform
2021-10-21Canaccord GenuityUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 29, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.40
Revenue Estimate
356.53M
Revenue Q2Q
4.61%
EPS Q2Q
-23.28%
Number of Analysts
6

Next Earnings Revisions

Revenue (1 Month)
-2.08%
Revenue (3 Months)
-6.41%
EPS (1 Month)
0.00%
EPS (3 Months)
-56.59%

Next Earnings Summary

NOA.CA is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 0.4 CAD and the consensus revenue estimate is 356.53M CAD.
The next earnings revenue estimate has been revised downward by 6.41% 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.
→ 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
NOA.CA revenue by date.NOA.CA revenue by date.
957.22M
24.39%		1.166B
21.79%		1.284B
10.17%		1.474B
14.77%		1.554B
5.43%		N/A
EBITDA
YoY % growth
NOA.CA ebitda by date.NOA.CA ebitda by date.
228.692M
19.76%		339.036M
48.25%		327.235M
-3.48%		392.32M
19.89%		425.25M
8.39%		436.93M
2.75%
EBIT
YoY % growth
NOA.CA ebit by date.NOA.CA ebit by date.
97.373M
35.82%		154.031M
58.19%		110.003M
-28.58%		171.14M
55.58%		201.29M
17.62%		N/A
Operating Margin
NOA.CA operating margin by date.NOA.CA operating margin by date.
10.17%13.21%8.57%11.61%12.95%N/A
EPS
YoY % growth
NOA.CA eps by date.NOA.CA eps by date.
2.84
21.37%		3.73
31.34%		1.07
-71.31%		2.74
156.43%		3.67
33.62%		N/A

All data in CAD

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

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27
EPS
Q2Q % growth		0.40
-23.28%		0.56
2,702.75%		1.02
51.50%		0.75
637.46%		0.88
120.25%		0.86
53.15%		1.00
-1.49%		1.04
38.26%
Revenue
Q2Q % growth		356.53M
4.61%		358.08M
11.68%		373.46M
17.72%		364.25M
19.20%		397.89M
11.60%		391.38M
9.30%		389.41M
4.27%		384.96M
5.69%
EBITDA
Q2Q % growth		92.511M
2.42%		94.629M
-31.38%		106.84M
-46.90%		100.85M
-57.71%		103.56M
11.94%		97.297M
2.82%		117.83M
10.29%		117.77M
16.78%
EBIT
Q2Q % growth		37.572M
26.90%		40.703M
79.47%		50.904M
39.51%		46.359M
118.38%		51.712M
37.63%		50.5M
24.07%		54.641M
7.34%		55.449M
19.61%

All data in CAD

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

NOA.CA Yearly Revenue VS EstimatesNOA.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 500M 1B 1.5B
NOA.CA Yearly EPS VS EstimatesNOA.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 1 2 3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
N/A
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
44.74%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

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 26.78 CAD. This implies a price increase of 39.53% is expected in the next year compared to the current price of 19.19.

What is the next earnings date for NOA stock?

NORTH AMERICAN CONSTRUCTION (NOA.CA) will report earnings on 2026-04-29.

What are the consensus estimates for NORTH AMERICAN CONSTRUCTION (NOA.CA) next earnings?

The consensus EPS estimate for the next earnings of NORTH AMERICAN CONSTRUCTION (NOA.CA) is 0.4 CAD and the consensus revenue estimate is 356.53M CAD.