Mullen Group Ltd. (TSX:MTL)
Canada · Delayed Price · Currency is CAD 21.37
+0.12 (0.56%)
Jun 26, 2026, 4:00 PM EST
Mullen Group Stock Forecast
Stock Price Forecast
According to 10 analysts polled by S&P Global, Mullen Group stock has a consensus rating of "Buy" and an average price target of $21.80. The average 1-year stock price forecast is 2.01% higher than the current stock price, while the lowest is $18.00 (-15.77%) and the highest is $25.00 (+16.99%).
Price Target: $21.80 (+2.01%)
Analyst Consensus: Buy
* Price targets were last updated on Apr 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 3 | 4 | 4 | 4 | 4 | 4 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 10 | 10 | 10 | 10 | 10 | 10 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| CIBC | CIBC | Hold Maintains $18.00 → $20.00 | Hold | Maintains | $18.00 → $20.00 | -6.41% | Apr 24, 2026 |
| TD Cowen | TD Cowen | Buy Maintains $21.00 → $24.00 | Buy | Maintains | $21.00 → $24.00 | +12.31% | Apr 24, 2026 |
| BMO Capital | BMO Capital | Buy Reiterates $20.00 → $23.00 | Buy | Reiterates | $20.00 → $23.00 | +7.63% | Apr 24, 2026 |
| RBC Capital | RBC Capital | Buy Reiterates $19.00 → $21.00 | Buy | Reiterates | $19.00 → $21.00 | -1.73% | Apr 24, 2026 |
| Raymond James | Raymond James | Hold Maintains $17.00 → $18.00 | Hold | Maintains | $17.00 → $18.00 | -15.77% | Apr 24, 2026 |
Financial Forecast
Revenue This Year
2.31B
from 2.13B
Increased by 8.34%
Revenue Next Year
2.36B
from 2.31B
Increased by 2.22%
EPS This Year
1.27
from 0.94
Increased by 34.80%
EPS Next Year
1.41
from 1.27
Increased by 10.99%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.4B | ||
| Avg | 2.3B | ||
| Low | 2.2B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 10.6% | ||
| Avg | 8.3% | ||
| Low | 3.7% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.38 | ||
| Avg | 1.27 | ||
| Low | 1.20 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 46.8% | ||
| Avg | 34.8% | ||
| Low | 27.7% |