Meren Energy Inc. (TSX:MER)
Canada · Delayed Price · Currency is CAD 2.150
+0.010 (0.47%)
Oct 26, 2026, 4:00 PM EDT
Meren Energy Stock Forecast
Stock Price Forecast
According to 5 analysts polled by S&P Global, Meren Energy stock has a consensus rating of "Buy" and an average price target of $1.79. The average 1-year stock price forecast is 16.98% lower than the current stock price, while the lowest is $1.78 (-17.44%) and the highest is $1.80 (-16.51%).
Price Target: $1.79 (-16.98%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Jul 17, 2026.
Analyst Ratings
The average analyst rating for Meren Energy stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 | Oct '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 2 | 2 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 2 | 2 | 2 | 2 |
| 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 |
|---|---|---|---|---|---|---|---|
| Scotiabank | Scotiabank | Hold Downgrades $2.50 | Hold | Downgrades | $2.50 | +16.28% | Jul 17, 2026 |
Financial Forecast
Revenue This Year
660.39M
from 559.90M
Increased by 17.95%
Revenue Next Year
694.05M
from 660.39M
Increased by 5.10%
EPS This Year
0.27
from -0.13
EPS Next Year
0.27
from 0.27
Decreased by -2.17%
EPS and Forward PE are based on non-GAAP adjusted numbers.