Mullen Group Ltd. (TSX:MTL)
29.68
+0.91 (3.18%)
Oct 26, 2026, 3:15 PM EDT
Mullen Group Stock Forecast
Stock Price Forecast
According to 11 analysts polled by S&P Global, Mullen Group stock has a consensus rating of "Buy" and an average price target of $33.52. The average 1-year stock price forecast is 12.96% higher than the current stock price, while the lowest is $25.00 (-15.75%) and the highest is $36.00 (+21.31%).
Price Target: $33.52 (+12.96%)
Analyst Consensus: Buy
Price Target
ChartAnalyst Ratings
The average analyst rating for Mullen Group 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 | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 5 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 11 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
Unknown Analyst National Bank No rating | National Bank | Buy Maintains $31.00 → $36.00 | Buy | Maintains | $31.00 → $36.00 | +21.31% | Oct 23, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $30.00 → $33.00 | Hold | Maintains | $30.00 → $33.00 | +11.20% | Oct 23, 2026 |
Unknown Analyst Raymond James No rating | Raymond James | Hold Maintains $25.00 → $31.00 | Hold | Maintains | $25.00 → $31.00 | +4.47% | Oct 23, 2026 |
| CIBC | CIBC | Hold Maintains $29.00 → $34.00 | Hold | Maintains | $29.00 → $34.00 | +14.57% | Oct 23, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $32.00 → $36.00 | Buy | Maintains | $32.00 → $36.00 | +21.31% | Oct 23, 2026 |
Financial Forecast
Revenue This Year
2.43B
from 2.13B
Increased by 13.71%
Revenue Next Year
2.61B
from 2.43B
Increased by 7.64%
EPS This Year
1.43
from 0.94
Increased by 52.05%
EPS Next Year
1.62
from 1.43
Increased by 13.57%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.