Mullen Group Ltd. (TSX:MTL)
Canada · Delayed Price · Currency is CAD 26.09
+0.22 (0.85%)
Sep 15, 2026, 4:00 PM EST
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 $29.09. The average 1-year stock price forecast is 11.50% higher than the current stock price, while the lowest is $25.00 (-4.18%) and the highest is $32.00 (+22.65%).
Price Target: $29.09 (+11.50%)
Analyst Consensus: Buy
Price Target
Chart* Price targets were last updated on Jul 24, 2026.
Analyst 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 | Apr '26 | May '26 | Jun '26 | Jul '26 | Aug '26 | Sep '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 4 | 4 | 4 | 4 | 4 | 5 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 11 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $22.00 → $28.00 | Hold | Maintains | $22.00 → $28.00 | +7.32% | Jul 24, 2026 |
| Scotiabank | Scotiabank | Hold Maintains $24.00 → $29.00 | Hold | Maintains | $24.00 → $29.00 | +11.15% | Jul 24, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $32.00 | Buy | Maintains | $32.00 | +22.65% | Jul 24, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $23.00 → $30.00 | Buy | Reiterates | $23.00 → $30.00 | +14.99% | Jul 24, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $32.00 | Buy | Maintains | $32.00 | +22.65% | Jul 24, 2026 |
Financial Forecast
Revenue This Year
2.36B
from 2.13B
Increased by 10.45%
Revenue Next Year
2.47B
from 2.36B
Increased by 4.63%
EPS This Year
1.34
from 0.94
Increased by 42.78%
EPS Next Year
1.52
from 1.34
Increased by 13.53%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.