POLARIS RENEWABLE ENERGY INC (PIF.CA) Forecast, Price Target & Analyst Ratings

Name: POLARIS RENEWABLE ENERGY INC (PIF.CA) Analyst Consensus Rating
Brand: POLARIS RENEWABLE ENERGY INC
Rating: 8 (9 reviews)

TSX:PIF • CA73108L1013

12.17 CAD

-0.11 (-0.9%)

Last: Mar 30, 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 POLARIS RENEWABLE ENERGY INC (PIF.CA).

Consensus Price Target

Price Target

CA$23.10

+ 89.84% Upside

→ Price target details

Next Earnings Forecast

Earnings Estimate

Release Date: Apr 29, 2026
Period: Q1 / 2026
EPS Estimate: $0.01
Revenue Estimate: 20.806M

→ Full earnings forecast details

ChartMill Buy Consensus

Rating

82.22%

Weighted Analyst Rating Score

→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target

CA$23.10

Upside

+ 89.84%

From current price of CA$12.17 to mean target of CA$23.10, Based on 9 analyst forecasts

Low

CA$18.43

Median

CA$20.40

High

CA$30.45

Price Target Revisions

1 Month

-2.58%

3 Months

-6.40%

Price Target Summary

9 Wall Street analysts provided a forecast for the next 12 months for PIF.CA. The average price target is 23.1 CAD. This implies a price increase of 89.84% is expected in the next year compared to the current price of 12.17.

The average price target has been revised downward by 6.4% 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

82.22%

PIF.CA was analyzed by 9 analysts. The buy percentage consensus is at 82. So analysts seem to be very confident about PIF.CA.

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

PIF.CA was analyzed by 9 analysts. More opinions would make the average more meaningful.

→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

Date	Firm	Action	From → To
2022-11-04	Raymond James Capital	Upgrade	Strong Buy
2022-09-29	National Bank of Canada Financial	Initiate	Outperform
2022-09-09	Cormark Securities	Upgrade	Buy
2022-05-06	Raymond James Capital	Initiate	Strong Buy
2022-04-21	Raymond James Capital	Upgrade	Strong Buy
2022-04-21	Cormark Securities	Upgrade	Outperform
2022-03-20	Raymond James Capital	Upgrade	Strong Buy
2022-02-25	Raymond James Capital	Initiate	Strong Buy
2022-02-10	Raymond James Financial	Downgrade	Strong
2021-11-05	RJ Financial	Initiate	Strong Buy
2021-08-06	Raymond James Financial	Initiate	Strong Buy
2021-05-07	Raymond James Financial	Upgrade	Strong Buy
2021-03-10	Raymond James Financial	Downgrade	STRONG BUY

Next Earnings Forecast Details

Next Earnings Details

Release Date: Apr 29, 2026
Period: Q1 / 2026
EPS Estimate: $0.01
Revenue Estimate: 20.806M
Revenue Q2Q: 2.69%
EPS Q2Q: -96.12%
Number of Analysts: 4

Next Earnings Revisions

Revenue (1 Month)

0.00%

Revenue (3 Months)

-6.79%

EPS (1 Month)

-62.50%

EPS (3 Months)

-71.43%

Next Earnings Summary

PIF.CA is expected to report earnings on 4/29/2026. The consensus EPS estimate for the next earnings is 0.01 CAD and the consensus revenue estimate is 20.81M CAD.

The next earnings revenue estimate has been revised downward by 6.79% 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 - 2027

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

	2023	2024	2025	2026	2027
Revenue YoY % growth	78.522M 25.43%	75.773M -3.50%	80.48M 6.21%	81.204M 0.90%	87.491M 7.74%
EBITDA YoY % growth	57.21M 32.43%	54.164M -5.32%	56.466M 4.25%	55.994M -0.84%	61.711M 10.21%
EBIT YoY % growth	28.042M 59.25%	24.728M -11.82%	26.222M 6.04%	23.028M -12.18%	22.624M -1.75%
Operating Margin	35.71%	32.63%	32.58%	28.36%	25.86%
EPS YoY % growth	0.56 330.77%	0.15 -73.21%	0.57 280.00%	0.25 -55.70%	0.26 2.67%

All data in USD

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	0.01 -96.12%	0.08 68.33%	0.03 251.50%	0.06 -77.16%	0.05 400.00%	0.18 116.01%	0.14 366.67%	0.14 121.06%
Revenue Q2Q % growth	20.806M 2.69%	21.109M -2.46%	19.039M 0.01%	19.948M 2.31%	22.321M 7.28%	23.634M 11.96%	24.139M 26.79%	24.745M 24.05%
EBITDA Q2Q % growth	14.393M -4.22%	14.999M -34.44%	12.827M -53.84%	13.686M -61.82%	15.251M 5.96%	17.271M 15.15%	17.776M 38.58%	18.18M 32.84%
EBIT Q2Q % growth	6.666M -12.91%	6.868M -12.21%	4.141M -19.45%	5.353M -4.48%	N/A	N/A	N/A	N/A

All data in USD

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

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

N/A

EBIT Next 5 Year

N/A

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POLARIS RENEWABLE ENERGY INC / PIF.CA Forecast FAQ

Can you provide the average price target for POLARIS RENEWABLE ENERGY INC stock?

9 analysts have analysed PIF.CA and the average price target is 23.1 CAD. This implies a price increase of 89.84% is expected in the next year compared to the current price of 12.17.

Can you provide the upcoming earnings date for POLARIS RENEWABLE ENERGY INC?

POLARIS RENEWABLE ENERGY INC (PIF.CA) will report earnings on 2026-04-29.

What are the consensus estimates for PIF stock next earnings?

The consensus EPS estimate for the next earnings of POLARIS RENEWABLE ENERGY INC (PIF.CA) is 0.01 CAD and the consensus revenue estimate is 20.81M CAD.

How many analysts cover POLARIS RENEWABLE ENERGY INC (PIF.CA) stock?

The number of analysts covering POLARIS RENEWABLE ENERGY INC (PIF.CA) is 9.

Analyst forecast overview

Forecast Snapshot