Major Drilling Group International Inc. (TSX:MDI)
Canada · Delayed Price · Currency is CAD 15.34
-0.23 (-1.48%)
Sep 15, 2026, 4:00 PM EST
TSX:MDI Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, TSX:MDI stock has a consensus rating of "Strong Buy" and an average price target of $20.95. The average 1-year stock price forecast is 36.57% higher than the current stock price, while the lowest is $19.75 (+28.75%) and the highest is $22.00 (+43.42%).
Price Target: $20.95 (+36.57%)
Analyst Consensus: Strong Buy
Price Target
Chart* Price targets were last updated on Jun 11, 2026.
Analyst Ratings
The average analyst rating for TSX:MDI stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
| Rating | Feb '26 | Mar '26 | May '26 | Jun '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 4 | 4 | 4 | 4 | 4 | 4 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 5 | 5 | 5 | 5 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| TD Cowen | TD Cowen | Buy Maintains $21.00 → $22.00 | Buy | Maintains | $21.00 → $22.00 | +43.42% | Jun 11, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $20.00 | Buy | Maintains | $20.00 | +30.38% | Jun 5, 2026 |
Financial Forecast
Revenue This Year
1.04B
from 889.08M
Increased by 16.68%
Revenue Next Year
1.24B
from 1.04B
Increased by 19.54%
EPS This Year
0.66
from 0.26
Increased by 154.62%
EPS Next Year
1.08
from 0.66
Increased by 62.39%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.