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

TSX:SGY • CA86880Y8779

8.33 CAD
-0.15 (-1.77%)
Last: Mar 6, 2026, 07:00 PM
Overview Stock Chart Technical Analysis Fundamental Analysis Forecast Earnings Financials Ownership News

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$9.40
+ 12.88% Upside

Next Earnings Forecast

Earnings Estimate
Release DateMar 11, 2026
PeriodQ4 / 2025
EPS EstimateCA$0.05
Revenue Estimate135.54M

ChartMill Buy Consensus

Rating
78.18%
Weighted Analyst Rating Score

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$9.40
Upside
+ 12.88%
From current price of CA$8.33 to mean target of CA$9.40, Based on 11 analyst forecasts
Low
CA$8.84
Median
CA$9.18
High
CA$10.50

Price Target Revisions

1 Month
0.00%
3 Months
-1.34%

Price Target Summary

11 analysts have analysed SGY.CA and the average price target is 9.4 CAD. This implies a price increase of 12.88% is expected in the next year compared to the current price of 8.33.
The average price target has been revised downward by 1.34% 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 is quite many. So the average rating should be quite meaningful.
 → 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 DateMar 11, 2026
PeriodQ4 / 2025
EPS EstimateCA$0.05
Revenue Estimate135.54M
Revenue Q2Q-16.93%
EPS Q2Q268.33%
Number of Analysts4

Next Earnings Revisions

Revenue (1 Month)
-3.94%
Revenue (3 Months)
-3.52%
EPS (1 Month)
-16.67%
EPS (3 Months)
-23.08%

Next Earnings Summary

SGY.CA is expected to report earnings on 3/11/2026. The consensus EPS estimate for the next earnings is 0.05 CAD and the consensus revenue estimate is 135.54M CAD.
The next earnings revenue estimate has been revised downward by 3.52% in the past 3 months.
 → 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

2022 2023 2024 2025 2026 2027 2028
Revenue
YoY % growth
SGY.CA revenue by date.SGY.CA revenue by date.
536.7M
107.54%		560.734M
4.48%		541.722M
-3.39%		577.22M
6.55%		506.82M
-12.20%		544.49M
7.43%		511.21M
-6.11%
EBITDA
YoY % growth
SGY.CA ebitda by date.SGY.CA ebitda by date.
333.7M
193.23%		309.464M
-7.26%		305.794M
-1.19%		294.36M
-3.74%		218.31M
-25.84%		235.23M
7.75%		194.48M
-17.32%
EBIT
YoY % growth
SGY.CA ebit by date.SGY.CA ebit by date.
191.4M
11,862.50%		111.99M
-41.49%		117.314M
4.75%		211.75M
80.50%		150.94M
-28.72%		168.42M
11.58%		9.319M
-94.47%
Operating Margin
SGY.CA operating margin by date.SGY.CA operating margin by date.
35.66%19.97%21.66%36.68%29.78%30.93%1.82%
EPS
YoY % growth
SGY.CA eps by date.SGY.CA eps by date.
2.63
-60.24%		0.16
-93.92%		-0.54
-437.50%		0.55
201.00%		0.14
-74.69%		0.38
178.04%		N/A

All data in CAD

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

Q4 / 25 Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26
EPS
Q2Q % growth		0.05
268.33%		0.06
-30.56%		0.03
-90.53%		0.08
8.21%		0.11
120.00%
Revenue
Q2Q % growth		135.54M
-16.93%		131.2M
-2.40%		126.76M
-10.24%		129.48M
7.91%		131.7M
-2.83%
EBITDA
Q2Q % growth		57.065M
-72.94%		59.59M
-25.74%		56.56M
-61.93%		58.58M
-63.92%		60.6M
6.19%
EBIT
Q2Q % growth		20.705M
-7.54%		19.19M
-20.82%		16.766M
-67.05%		18.584M
-0.58%		19.998M
-3.41%

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
39.43%
EPS Next 5 Year
N/A

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
1.64%
Revenue Next 5 Year
-0.36%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
-11.15%
EBIT Next 5 Year
-12.73%
→ 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 9.4 CAD. This implies a price increase of 12.88% is expected in the next year compared to the current price of 8.33.


What is the next earnings date for SGY stock?

SURGE ENERGY INC (SGY.CA) will report earnings on 2026-03-11.


Can you provide the consensus estimates for SURGE ENERGY INC next earnings?

The consensus EPS estimate for the next earnings of SURGE ENERGY INC (SGY.CA) is 0.05 CAD and the consensus revenue estimate is 135.54M CAD.


Can you provide the analyst count for SURGE ENERGY INC stock?

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