RECONNAISSANCE ENERGY AFRICA (RECO.CA) Forecast, Price Target & Analyst Ratings

TSX-V:RECO • CA75624R1082

Current stock price

0.91 CAD
+0.02 (+2.25%)
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 RECONNAISSANCE ENERGY AFRICA (RECO.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$3.11
+ 241.87% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 28, 2026
→ 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$3.11
Upside
+ 241.87%
From current price of CA$0.91 to mean target of CA$3.11, Based on 6 analyst forecasts
Low
CA$1.72
Median
CA$3.11
High
CA$4.62

Price Target Revisions

1 Month
0.00%
3 Months
6.09%

Price Target Summary

6 Wall Street analysts provided a forecast for the next 12 months for RECO.CA. The average price target is 3.11 CAD. This implies a price increase of 241.87% is expected in the next year compared to the current price of 0.91.
The average price target has been revised upward by 6.09% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

RECO Current Analyst RatingRECO 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

RECO Historical Analyst RatingsRECO 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 1 2 3 4 5

Analyst Ratings Consensus

ChartMill Buy Consensus
80.00%
RECO.CA was analyzed by 6 analysts. The buy percentage consensus is at 80. So analysts seem to be have mildly positive about RECO.CA.
In the previous month the buy percentage consensus was at a similar level.
RECO.CA was analyzed by 6 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2022-11-11Haywood SecuritiesDowngrade
2021-06-25Haywood SecuritiesUpgrade Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 28, 2026

Next Earnings Revisions

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

Next Earnings Summary

→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates

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

2021 2022 2023 2024
Revenue
YoY % growth
RECO.CA revenue by date.RECO.CA revenue by date.
10.41M32.637M
213.53%		N/A
-100.00%
EBITDA
YoY % growth
RECO.CA ebitda by date.RECO.CA ebitda by date.
-7.248M-154.624M
-2,033.42%		-49.586M
67.93%		N/A
EBIT
YoY % growth
RECO.CA ebit by date.RECO.CA ebit by date.
-7.282M
-1,475.53%		-154.659M
-2,023.82%		-49.625M
67.91%		N/A
57.38%
Operating Margin
RECO.CA operating margin by date.RECO.CA operating margin by date.
N/A-1,485.72%-152.05%N/A
EPS
YoY % growth
RECO.CA eps by date.RECO.CA eps by date.
N/AN/AN/AN/A

All data in CAD

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

EPS
Q2Q % growth
Revenue
Q2Q % growth
EBITDA
Q2Q % growth
EBIT
Q2Q % growth

All data in CAD

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

RECO.CA Yearly Revenue VS EstimatesRECO.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2022 2023 10M 20M 30M

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
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

RECONNAISSANCE ENERGY AFRICA / RECO.CA Forecast FAQ

What do analysts expect the price target to be for RECONNAISSANCE ENERGY AFRICA (RECO.CA)?

6 analysts have analysed RECO.CA and the average price target is 3.11 CAD. This implies a price increase of 241.87% is expected in the next year compared to the current price of 0.91.

What is the next earnings date for RECO stock?

RECONNAISSANCE ENERGY AFRICA (RECO.CA) will report earnings on 2026-04-28.