Boralex Inc. (TSX:BLX)
Canada flag Canada · Delayed Price · Currency is CAD
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
TargetLowAverageMedianHigh
Price$37.25$37.25$37.25$37.25
Change+0.03%+0.03%+0.03%+0.03%
* 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

Chart
RatingFeb '26Mar '26Apr '26May '26Jul '26Aug '26
Strong Buy411100
Buy311000
Hold341332
Sell000000
Strong Sell022220
Total1085652

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
TD Cowen
TD Cowen
Sell
Maintains
$37.25
SellMaintains$37.25+0.03%May 14, 2026
Raymond James
Raymond James
Hold
Downgrades
$38.00 → $37.25
HoldDowngrades$38.00 → $37.25+0.03%May 13, 2026
RBC Capital
RBC Capital
Hold
Maintains
$33.00 → $37.25
HoldMaintains$33.00 → $37.25+0.03%May 12, 2026
Scotiabank
Scotiabank
Hold
Maintains
$31.00 → $37.25
HoldMaintains$31.00 → $37.25+0.03%Mar 26, 2026
CIBC
CIBC
Buy
Maintains
$35.00
BuyMaintains$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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
691.00M836.00M1.02B853.00M849.00M977.20M
Revenue Growth
9.16%20.98%22.25%-16.54%-0.47%15.10%
Net Income
17.00M30.00M78.00M36.00M7.00M84.00M
EPS
----0.220.28
EPS Growth
-----65.12%29.87%
Dividend / Share
0.660.660.660.660.660.66
Dividend Growth
------
Free Cash Flow
-----686.38M174.00M
FFO
-----456.00M
FFO / Share
-----4.43
P/FFO
-----8.41
No. Analysts
-----1
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High977.2M
Avg977.2M
Low977.2M

Revenue Growth

Revenue Growth202620272028
High
15.1%
Avg
15.1%
Low
15.1%

EPS Forecast

EPS202620272028
High0.28
Avg0.28
Low0.28

EPS Growth

EPS Growth202620272028
High
29.9%
Avg
29.9%
Low
29.9%