TRICAN WELL SERVICE LTD (TCW.CA) Forecast, Price Target & Analyst Ratings

TSX:TCW • CA8959451037

Current stock price

6.95 CAD
+0.08 (+1.16%)
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 TRICAN WELL SERVICE LTD (TCW.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$7.35
+ 5.79% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
May 11, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.17
Revenue Estimate
343.3M
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
72.00%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$7.35
Upside
+ 5.79%
From current price of CA$6.95 to mean target of CA$7.35, Based on 10 analyst forecasts
Low
CA$6.82
Median
CA$7.14
High
CA$8.40

Price Target Revisions

1 Month
4.85%
3 Months
8.80%

Price Target Summary

10 Wall Street analysts provided a forecast for the next 12 months for TCW.CA. The average price target is 7.35 CAD. This implies a price increase of 5.79% is expected in the next year compared to the current price of 6.95.
The average price target has been revised upward by 8.8% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

TCW Current Analyst RatingTCW Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 1 2 3 4

Analyst Ratings History

TCW Historical Analyst RatingsTCW 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
72.00%
TCW.CA was analyzed by 10 analysts. The buy percentage consensus is at 72. So analysts seem to be have mildly positive about TCW.CA.
In the previous month the buy percentage consensus was at a similar level.
TCW.CA was analyzed by 10 analysts. More opinions would make the average more meaningful.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2025-07-17TD CowenMaintains Hold -> Hold
2022-12-08Raymond James CapitalUpgrade
2022-11-16Canaccord CapitalUpgrade
2022-11-14ATB CapitalUpgrade
2022-11-11Stifel Nicolaus ResearchUpgrade
2022-11-11RBC RoyalbankUpgrade Outperform
2022-11-11Cormark SecuritiesUpgrade
2022-11-10National Bank of Canada FinancialUpgrade
2022-11-10BMO FinancialUpgrade Outperform
2022-11-10TD ResearchUpgrade Buy
2022-11-10STA ResearchUpgrade Hold
2022-10-03TD ResearchUpgrade Buy
2022-07-28ATB CapitalUpgrade
2022-07-27BMO FinancialUpgrade Outperform
2022-05-17Raymond James CapitalUpgrade Outperform
2022-05-16RBC RoyalbankUpgrade Outperform
2022-05-12BMO FinancialUpgrade Outperform
2022-05-12TD ResearchUpgrade Hold
2022-04-25National Bank of Canada FinancialUpgrade Outperform
2022-03-17Canaccord CapitalUpgrade Buy
2022-03-14BMO FinancialUpgrade Outperform
2022-02-24Raymond James CapitalUpgrade Outperform
2022-01-19ATB CapitalUpgrade Outperform
2022-01-17RBC RoyalbankInitiate Buy
2022-01-17Raymond James FinancialDowngrade Outperform

Next Earnings Forecast Details

Next Earnings Details

Release Date
May 11, 2026
Period
Q1 / 2026
EPS Estimate
CA$0.17
Revenue Estimate
343.3M
Revenue Q2Q
32.51%
EPS Q2Q
-0.98%
Number of Analysts
5

Next Earnings Revisions

Revenue (1 Month)
-2.89%
Revenue (3 Months)
-2.89%
EPS (1 Month)
-14.53%
EPS (3 Months)
-14.53%

Next Earnings Summary

TCW.CA is expected to report earnings on 5/11/2026. The consensus EPS estimate for the next earnings is 0.17 CAD and the consensus revenue estimate is 343.30M CAD.
The next earnings revenue estimate has been revised downward by 2.89% 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

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
TCW.CA revenue by date.TCW.CA revenue by date.
972.681M
12.28%		980.839M
0.84%		1.096B
11.76%		1.307B
19.23%		1.364B
4.36%		1.318B
-3.37%		1.202B
-8.80%		1.202B
EBITDA
YoY % growth
TCW.CA ebitda by date.TCW.CA ebitda by date.
239.964M
22.24%		222.696M
-7.20%		244.037M
9.58%		298.37M
22.26%		316.51M
6.08%		317.65M
0.36%		289.42M
-8.89%		289.42M
EBIT
YoY % growth
TCW.CA ebit by date.TCW.CA ebit by date.
162.761M
40.19%		145.154M
-10.82%		155.987M
7.46%		196.65M
26.07%		175.94M
-10.53%		174.73M
-0.69%		175.47M
0.42%		173.45M
-1.15%
Operating Margin
TCW.CA operating margin by date.TCW.CA operating margin by date.
16.73%14.80%14.23%15.05%12.90%13.26%14.60%14.43%
EPS
YoY % growth
TCW.CA eps by date.TCW.CA eps by date.
0.55
66.67%		0.53
-3.16%		0.58
8.90%		0.64
10.58%		0.70
9.84%		0.73
3.94%		0.68
-7.72%		0.70
2.97%

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		0.17
-0.98%		0.08
-29.60%		0.21
41.40%		0.18
19.52%		0.19
14.00%		0.09
17.39%		0.22
4.76%		0.19
7.04%
Revenue
Q2Q % growth		343.3M
32.51%		257.95M
20.65%		354.51M
17.94%		341.38M
5.78%		368.65M
7.38%		288.86M
11.98%		381.78M
7.69%		358.55M
5.03%
EBITDA
Q2Q % growth		73.461M
18.44%		51.241M
-21.40%		90.117M
-11.15%		78.174M
-41.76%		103.02M
40.24%		62.62M
22.21%		84.84M
-5.86%		67.67M
-13.44%
EBIT
Q2Q % growth		N/AN/AN/AN/AN/AN/AN/AN/A

All data in CAD

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

TCW.CA Yearly Revenue VS EstimatesTCW.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 200M 400M 600M 800M 1B
TCW.CA Yearly EPS VS EstimatesTCW.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -1 -2 -3

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
8.08%
EPS Next 5 Year
3.71%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
5.70%
Revenue Next 5 Year
1.50%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
28.45%
EBIT Next 5 Year
14.07%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

TRICAN WELL SERVICE LTD / TCW.CA Forecast FAQ

What do analysts expect the price target to be for TRICAN WELL SERVICE LTD (TCW.CA)?

10 analysts have analysed TCW.CA and the average price target is 7.35 CAD. This implies a price increase of 5.79% is expected in the next year compared to the current price of 6.95.

What is the next earnings date for TCW stock?

TRICAN WELL SERVICE LTD (TCW.CA) will report earnings on 2026-05-11.

What are the consensus estimates for TRICAN WELL SERVICE LTD (TCW.CA) next earnings?

The consensus EPS estimate for the next earnings of TRICAN WELL SERVICE LTD (TCW.CA) is 0.17 CAD and the consensus revenue estimate is 343.30M CAD.

How do analysts rate TRICAN WELL SERVICE LTD (TCW.CA)?

The consensus rating for TRICAN WELL SERVICE LTD (TCW.CA) is 72 / 100 . This indicates that analysts generally have a positive outlook on the stock.