Ensign Energy Services Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Ensign Energy Services stock has a consensus rating of "Hold" and an average price target of $4.29. The average 1-year stock price forecast is 32.41% higher than the current stock price, while the lowest is $3.75 (+15.74%) and the highest is $5.00 (+54.32%).

Price Target: $4.29 (+32.41%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$3.75	$4.29	$4.13	$5.00
Change	+15.74%	+32.41%	+27.47%	+54.32%

* Price targets were last updated on May 13, 2026.

Analyst Ratings

The average analyst rating for Ensign Energy Services 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	0	0	0	0	0	0
Buy	0	0	0	0	1	1
Hold	6	6	5	5	5	4
Sell	0	0	1	1	0	0
Strong Sell	0	0	0	0	0	0
Total	6	6	6	6	6	5

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Monachello ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Upgrades $4.00 → $5.00	Buy	Upgrades	$4.00 → $5.00	+54.32%	May 13, 2026
Aaron Macneil TD Cowen	TD Cowen	Hold Maintains $3.50 → $3.75	Hold	Maintains	$3.50 → $3.75	+15.74%	May 8, 2026
John Gibson CFA BMO Capital	BMO Capital	Hold Maintains $3.50 → $4.00	Hold	Maintains	$3.50 → $4.00	+23.46%	May 8, 2026
Keith Mackey RBC Capital	RBC Capital	Hold Maintains $4.00 → $4.25	Hold	Maintains	$4.00 → $4.25	+31.17%	May 8, 2026

Financial Forecast

Revenue This Year

1.71B

from 1.64B

4.32%

from 1.64B

Revenue Next Year

1.82B

from 1.71B

6.71%

from 1.71B

EPS This Year

-0.05

from -0.15

EPS Next Year

0.11

from -0.05

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	995.59M	1.58B	1.79B	1.68B	1.64B	1.71B
Revenue Growth	6.27%	58.43%	13.60%	-6.00%	-2.69%	4.32%
Gross Profit	251.40M	422.25M	548.21M	507.57M	445.29M	454.78M
Gross Margin	25.25%	26.77%	30.60%	30.14%	27.17%	26.60%
Operating Income	-83.49M	72.77M	180.55M	82.54M	41.31M	63.60M
Net Income	-159.48M	8.13M	41.24M	-20.75M	-38.76M	-24.65M
EPS	-	-	-	-	-0.15	-0.05
Free Cash Flow	-26.82M	60.54M	198.63M	228.74M	113.26M	115.25M
No. Analysts	-	-	-	-	-	6

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	1.7B
Avg	1.7B
Low	1.6B

Revenue Growth

Revenue Growth	2026	2027	2028
High	6.7%
Avg	4.3%
Low	-2.6%

EPS Forecast

EPS	2026	2027	2028
High	0.00
Avg	-0.05
Low	-0.15

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	-
Low	-