Boralex Inc. (TSX:BLX)
37.24
+0.01 (0.03%)
Inactive · Last trade price on Aug 17, 2026
Boralex Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for Boralex stock had an average target of $37.25.
Price Target: $37.25 (+0.03%)
Analyst Consensus: Sell
Price Target
Chart* Price targets were last updated on May 14, 2026.
Analyst Ratings
The average analyst rating for Boralex stock from 5 stock analysts was "Sell". This means that analysts believed this stock was likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | Apr '26 | May '26 | Jul '26 | Aug '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 1 | 1 | 1 | 0 | 0 |
| Buy | 3 | 1 | 1 | 0 | 0 | 0 |
| Hold | 3 | 4 | 1 | 3 | 3 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 2 | 2 | 2 | 2 | 0 |
| Total | 10 | 8 | 5 | 6 | 5 | 2 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Sell Maintains $37.25 | Sell | Maintains | $37.25 | +0.03% | May 14, 2026 |
| Raymond James | Raymond James | Hold Downgrades $38.00 → $37.25 | Hold | Downgrades | $38.00 → $37.25 | +0.03% | May 13, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $33.00 → $37.25 | Hold | Maintains | $33.00 → $37.25 | +0.03% | May 12, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $31.00 → $37.25 | Hold | Maintains | $31.00 → $37.25 | +0.03% | Mar 26, 2026 |
| CIBC | CIBC | Buy Maintains $35.00 | Buy | Maintains | $35.00 | -6.02% | Mar 2, 2026 |
Financial Forecast
Revenue This Year
977.20M
from 849.00M
Increased by 15.10%
Revenue Next Year
972.30M
from 977.20M
Decreased by -0.50%
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.