Major Drilling Group International Inc. (TSX:MDI)
Canada · Delayed Price · Currency is CAD 15.22
+0.28 (1.87%)
Aug 6, 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 37.65% higher than the current stock price, while the lowest is $19.75 (+29.76%) and the highest is $22.00 (+44.55%).
Price Target: $20.95 (+37.65%)
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 | Nov '25 | Dec '25 | Feb '26 | Mar '26 | May '26 | Jun '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 | +44.55% | Jun 11, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $20.00 | Buy | Maintains | $20.00 | +31.41% | Jun 5, 2026 |
Financial Forecast
Revenue This Year
1.02B
from 889.08M
Increased by 14.58%
Revenue Next Year
1.13B
from 1.02B
Increased by 11.09%
EPS This Year
0.68
from 0.26
Increased by 161.54%
EPS Next Year
1.15
from 0.68
Increased by 69.49%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.