The Bank of Nova Scotia (TSX:BNS)
123.03
+1.19 (0.98%)
Jun 18, 2026, 4:00 PM EST
The Bank of Nova Scotia Stock Forecast
Stock Price Forecast
According to 14 analysts polled by S&P Global, The Bank of Nova Scotia stock has a consensus rating of "Hold" and an average price target of $114.36. The average 1-year stock price forecast is 7.05% lower than the current stock price, while the lowest is $104.00 (-15.47%) and the highest is $122.00 (-0.84%).
Price Target: $114.36 (-7.05%)
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for The Bank of Nova Scotia stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 8 | 8 | 11 | 10 | 10 | 10 |
| Sell | 2 | 2 | 1 | 2 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 15 | 15 | 14 | 14 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Hold Maintains n/a | Hold | Maintains | n/a | n/a | Jun 5, 2026 |
| Desjardins | Desjardins | Hold Maintains $108.00 → $115.00 | Hold | Maintains | $108.00 → $115.00 | -6.53% | May 28, 2026 |
| CIBC | CIBC | Hold Reiterates $116.00 → $122.00 | Hold | Reiterates | $116.00 → $122.00 | -0.84% | May 28, 2026 |
| RBC Capital | RBC Capital | Hold Maintains $98.00 → $117.00 | Hold | Maintains | $98.00 → $117.00 | -4.90% | May 28, 2026 |
| BMO Capital | BMO Capital | Hold Maintains $101.00 | Hold | Maintains | $101.00 | -17.91% | May 28, 2026 |
Financial Forecast
Revenue This Year
39.63B
from 37.74B
Increased by 5.02%
Revenue Next Year
41.28B
from 39.63B
Increased by 4.16%
EPS This Year
8.29
from 7.09
Increased by 16.94%
EPS Next Year
9.25
from 8.29
Increased by 11.61%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 40.0B | ||
| Avg | 39.6B | ||
| Low | 39.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 5.9% | ||
| Avg | 5.0% | ||
| Low | 4.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 8.53 | ||
| Avg | 8.29 | ||
| Low | 8.09 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 20.3% | ||
| Avg | 16.9% | ||
| Low | 14.1% |