Boralex Inc. (TSX:BLX)
Canada · Delayed Price · Currency is CAD 37.04
+0.01 (0.03%)
Jul 20, 2026, 4:00 PM EST
Boralex Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Boralex stock have an average target of $37.25, which predicts a 0.57% increase from the current stock price of 37.04.
Price Target: $37.25 (+0.57%)
Analyst Consensus: Sell
Price Target
Chart* Price targets were last updated on May 14, 2026.
Analyst Ratings
The average analyst rating for Boralex stock is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jul '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 1 | 1 | 1 | 0 |
| Buy | 3 | 3 | 1 | 1 | 0 | 0 |
| Hold | 3 | 3 | 4 | 1 | 3 | 3 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 2 | 2 | 2 | 2 |
| Total | 10 | 10 | 8 | 5 | 6 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Sell Maintains $37.25 | Sell | Maintains | $37.25 | +0.57% | May 14, 2026 |
| Raymond James | Raymond James | Hold Downgrades $38.00 → $37.25 | Hold | Downgrades | $38.00 → $37.25 | +0.57% | May 13, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $33.00 → $37.25 | Hold | Maintains | $33.00 → $37.25 | +0.57% | May 12, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $31.00 → $37.25 | Hold | Maintains | $31.00 → $37.25 | +0.57% | Mar 26, 2026 |
| CIBC | CIBC | Buy Maintains $35.00 | Buy | Maintains | $35.00 | -5.51% | Mar 2, 2026 |
Financial Forecast
Revenue This Year
977.20M
from 849.00M
Increased by 15.10%
Revenue Next Year
948.65M
from 977.20M
Decreased by -2.92%
EPS This Year
0.28
from 0.22
Increased by 29.87%
EPS Next Year
0.62
from 0.28
Increased by 121.43%
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.