Stingray Group Inc (RAY-B.CA) Forecast, Price Target & Analyst Ratings
TSX:RAY-B • CA86084H2090
16.62 CAD
-0.78 (-4.48%)
Last: Feb 11, 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 Stingray Group Inc (RAY-B.CA).
Forecast Snapshot
Consensus Price Target
CA$17.84
+ 7.33% Upside
Next Earnings Forecast
Release DateJun 8, 2026
PeriodQ3 / 2026
EPS EstimateCA$0.38
Revenue Estimate124.48M
ChartMill Buy Consensus
82.86%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
CA$17.84
Upside
+ 7.33%
From current price of CA$16.62 to mean target of CA$17.84, Based on 14 analyst forecasts
Low
CA$16.92
Median
CA$17.59
High
CA$19.66
Price Target Revisions
1 Month
1.16%
3 Months
30.95%
Price Target Summary
14 Wall Street analysts provided a forecast for the next 12 months for RAY-B.CA. The average price target is 17.84 CAD. This implies a price increase of 7.33% is expected in the next year compared to the current price of 16.62.
The average price target has been revised upward by 30.95% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
82.86%
RAY-B.CA was analyzed by 14 analysts. The buy percentage consensus is at 83. So analysts seem to be very confident about RAY-B.CA.
In the previous month the buy percentage consensus was at a similar level.
RAY-B.CA was analyzed by 14 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2021-08-04 | RBC Capital | Maintains | Outperform |
| 2021-07-30 | RBC Capital | Upgrade | Outperform |
| 2021-06-04 | RBC Capital | Maintains | Outperform |
| 2021-06-04 | CIBC World Markets | Maintains | Outperform |
| 2021-06-04 | Canaccord Genuity | Upgrade | |
| 2021-02-08 | CIBC World Markets | Upgrade |
Next Earnings Forecast Details
Next Earnings Details
Release DateJun 8, 2026
PeriodQ3 / 2026
EPS EstimateCA$0.38
Revenue Estimate124.48M
Revenue Q2Q15.02%
EPS Q2Q10.88%
Number of Analysts8
Next Earnings Revisions
Revenue (1 Month)
0.00%
Revenue (3 Months)
0.70%
EPS (1 Month)
-0.54%
EPS (3 Months)
-6.63%
Next Earnings Summary
RAY-B.CA is expected to report earnings on 6/8/2026. The consensus EPS estimate for the next earnings is 0.38 CAD and the consensus revenue estimate is 124.48M CAD.
The next earnings revenue estimate has been revised upward by 0.7% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2023 | 2024 | 2025 | 2026 | 2027 | 2028 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 323.944M 14.62% | 345.428M 6.63% | 386.891M 12.00% | 486.36M 25.71% | 653.22M 34.31% | 629.33M -3.66% | |
| EBITDA YoY % growth | 111.345M 10.49% | 117.485M 5.51% | 130.388M 10.98% | 168.54M 29.26% | 229.18M 35.98% | 242.31M 5.73% | |
| EBIT YoY % growth | 78.365M 20.14% | 87.352M 11.47% | 99.638M 14.06% | 124.84M 25.29% | 171.19M 37.13% | 185.4M 8.30% | |
| Operating Margin | 24.19% | 25.29% | 25.75% | 25.67% | 26.21% | 29.46% | |
| EPS YoY % growth | 0.79 -1.25% | 0.87 10.13% | 1.05 20.69% | 1.44 36.84% | 1.93 34.53% | 1.81 -6.22% |
All data in CAD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 26 | Q4 / 26 | |
|---|---|---|
| EPS Q2Q % growth | 0.38 10.88% | 0.38 40.39% |
| Revenue Q2Q % growth | 124.48M 15.02% | 147.09M 53.21% |
| EBITDA Q2Q % growth | 44.177M -18.54% | 48.73M -5.56% |
| EBIT Q2Q % growth | 33.688M 6.64% | 34.067M 63.38% |
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
19.96%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
17.02%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
33.46%
EBIT Next 5 Year
N/A
Stingray Group Inc / RAY-B.CA Forecast FAQ
What do analysts expect the price target to be for Stingray Group Inc (RAY-B.CA)?
14 analysts have analysed RAY-B.CA and the average price target is 17.84 CAD. This implies a price increase of 7.33% is expected in the next year compared to the current price of 16.62.
When does Stingray Group Inc (RAY-B.CA) report earnings?
Stingray Group Inc (RAY-B.CA) will report earnings on 2026-06-08.
What are the consensus estimates for Stingray Group Inc (RAY-B.CA) next earnings?
The consensus EPS estimate for the next earnings of Stingray Group Inc (RAY-B.CA) is 0.38 CAD and the consensus revenue estimate is 124.48M CAD.
What is the number of analysts for RAY-B stock?
The number of analysts covering Stingray Group Inc (RAY-B.CA) is 14.