SURGE ENERGY INC (SGY.CA) Forecast, Price Target & Analyst Ratings

TSX:SGY • CA86880Y8779

Current stock price

9.04 CAD
+0.3 (+3.43%)
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 SURGE ENERGY INC (SGY.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$9.50
+ 5.07% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.04
Revenue Estimate
130.59M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
78.18%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$9.50
Upside
+ 5.07%
From current price of CA$9.04 to mean target of CA$9.50, Based on 11 analyst forecasts
Low
CA$8.84
Median
CA$9.18
High
CA$10.50

Price Target Revisions

1 Month
1.02%
3 Months
-0.33%

Price Target Summary

11 Wall Street analysts provided a forecast for the next 12 months for SGY.CA. The average price target is 9.5 CAD. This implies a price increase of 5.07% is expected in the next year compared to the current price of 9.04.
The average price target has been revised downward by 0.33% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

SGY Current Analyst RatingSGY Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6

Analyst Ratings History

SGY Historical Analyst RatingsSGY 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 10

Analyst Ratings Consensus

ChartMill Buy Consensus
78.18%
SGY.CA was analyzed by 11 analysts. The buy percentage consensus is at 78. So analysts seem to be have mildly positive about SGY.CA.
In the previous month the buy percentage consensus was at a similar level.
SGY.CA was analyzed by 11 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-01-27Canaccord GenuityMaintains Buy -> Buy
2022-11-23Cormark SecuritiesInitiate Top Pick
2022-10-27ATB CapitalInitiate Outperform
2022-09-30National Bank of Canada FinancialDowngrade Outperform
2022-08-25Canaccord CapitalInitiate Buy
2022-07-18National Bank of Canada FinancialDowngrade Outperform
2022-06-16National Bank of Canada FinancialUpgrade Outperform
2022-05-06Raymond James CapitalInitiate Outperform
2022-05-06BMO FinancialUpgrade Hold
2022-04-18Cormark SecuritiesUpgrade Top Pick
2022-04-14National Bank of Canada FinancialUpgrade Outperform
2022-03-25Raymond James CapitalUpgrade Outperform
2022-03-21Cormark SecuritiesUpgrade Buy
2022-03-10Raymond James CapitalInitiate Outperform
2022-01-18BMO FinancialInitiate Hold
2022-01-12Raymond James FinancialInitiate Outperform
2021-11-05RJ FinancialInitiate Outperform
2021-10-18Raymond James FinancialUpgrade Outperform
2021-10-05National Bank FinancialUpgrade Sector Perform
2021-10-05Raymond James FinancialInitiate Outperform
2021-08-26Raymond James FinancialUpgrade Outperform
2021-08-03Raymond James FinancialInitiate Outperform
2021-06-23Raymond James FinancialInitiate Outperform
2021-06-17National Bank FinancialUpgrade Sector Perform
2021-05-17Cormark SecuritiesInitiate Buy

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 5, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.04
Revenue Estimate
130.59M
Revenue Q2Q
-2.85%
EPS Q2Q
-49.50%
Number of Analysts
3

Next Earnings Revisions

Revenue (1 Month)
-0.46%
Revenue (3 Months)
-1.00%
EPS (1 Month)
-27.27%
EPS (3 Months)
0.00%

Next Earnings Summary

SGY.CA is expected to report earnings on 5/5/2026. The consensus EPS estimate for the next earnings is 0.04 CAD and the consensus revenue estimate is 130.59M CAD.
The next earnings revenue estimate has been revised downward by 1% in the past 3 months.
→ 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
SGY.CA revenue by date.SGY.CA revenue by date.
560.734M
4.48%		541.722M
-3.39%		499.913M
-7.72%		510.15M
2.05%		539.71M
5.79%		511.21M
-5.28%
EBITDA
YoY % growth
SGY.CA ebitda by date.SGY.CA ebitda by date.
309.464M
-7.26%		305.794M
-1.19%		294.742M
-3.61%		218.31M
-25.93%		235.23M
7.75%		194.48M
-17.32%
EBIT
YoY % growth
SGY.CA ebit by date.SGY.CA ebit by date.
111.99M
-41.49%		117.314M
4.75%		108.988M
-7.10%		171.85M
57.68%		187.76M
9.26%		9.319M
-95.04%
Operating Margin
SGY.CA operating margin by date.SGY.CA operating margin by date.
19.97%21.66%21.80%33.69%34.79%1.82%
EPS
YoY % growth
SGY.CA eps by date.SGY.CA eps by date.
0.16
-93.92%		-0.54
-437.50%		0.40
174.07%		0.14
-65.49%		0.38
178.04%		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		0.04
-49.50%		0.03
-90.53%		0.06
-13.43%		0.09
222.64%		0.17
325.00%		0.15
400.00%		0.20
233.33%		0.21
147.06%
Revenue
Q2Q % growth		130.59M
-2.85%		125.34M
-11.24%		128.07M
6.73%		130.39M
21.49%		N/AN/AN/AN/A
EBITDA
Q2Q % growth		59.59M
-25.74%		55.55M
-62.61%		57.57M
-64.54%		59.59M
-70.92%		N/AN/AN/AN/A
EBIT
Q2Q % growth		19.19M
-20.82%		15.554M
-69.43%		17.473M
-6.53%		18.786M
-2.12%		N/AN/AN/AN/A

All data in CAD

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

SGY.CA Yearly Revenue VS EstimatesSGY.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 200M 400M 600M
SGY.CA Yearly EPS VS EstimatesSGY.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 0 5 -5 -10 -15

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
-3.97%
Revenue Next 5 Year
N/A

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
-2.50%
EBIT Next 5 Year
N/A
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

SURGE ENERGY INC / SGY.CA Forecast FAQ

What is the price target for SGY stock?

11 analysts have analysed SGY.CA and the average price target is 9.5 CAD. This implies a price increase of 5.07% is expected in the next year compared to the current price of 9.04.

What is the next earnings date for SGY stock?

SURGE ENERGY INC (SGY.CA) will report earnings on 2026-05-05.

What are the consensus estimates for SGY stock next earnings?

The consensus EPS estimate for the next earnings of SURGE ENERGY INC (SGY.CA) is 0.04 CAD and the consensus revenue estimate is 130.59M CAD.

What is the number of analysts for SGY stock?

The number of analysts covering SURGE ENERGY INC (SGY.CA) is 11.