North American Construction Group Ltd. (TSX:NOA)
19.36
+0.20 (1.04%)
Jun 19, 2026, 4:00 PM EST
TSX:NOA Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, TSX:NOA stock has a consensus rating of "Buy" and an average price target of $25.64. The average 1-year stock price forecast is 32.44% higher than the current stock price, while the lowest is $22.00 (+13.64%) and the highest is $30.00 (+54.96%).
Price Target: $25.64 (+32.44%)
Analyst Consensus: Buy
* Price targets were last updated on May 19, 2026.
Analyst Ratings
The average analyst rating for TSX:NOA stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '25 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 3 | 3 | 3 | 3 |
| Buy | 2 | 2 | 2 | 3 | 2 | 2 |
| Hold | 4 | 3 | 3 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 1 | 1 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 7 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $20.00 → $24.50 | Buy | Maintains | $20.00 → $24.50 | +26.55% | May 19, 2026 |
| CIBC | CIBC | Hold Reiterates $20.00 → $23.00 | Hold | Reiterates | $20.00 → $23.00 | +18.80% | May 19, 2026 |
| Roth MKM | Roth MKM | Buy Reiterates $34.86 → $38.35 | Buy | Reiterates | $34.86 → $38.35 | +98.10% | May 15, 2026 |
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Hold Maintains $21.00 → $24.00 | Hold | Maintains | $21.00 → $24.00 | +23.97% | May 14, 2026 |
| BMO Capital | BMO Capital | Hold Maintains $21.00 → $22.00 | Hold | Maintains | $21.00 → $22.00 | +13.64% | May 14, 2026 |
Financial Forecast
Revenue This Year
1.40B
from 1.28B
Increased by 9.08%
Revenue Next Year
1.50B
from 1.40B
Increased by 6.75%
EPS This Year
2.14
from 1.06
Increased by 101.96%
EPS Next Year
3.00
from 2.14
Increased by 40.17%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 1.4B | ||
| Avg | 1.4B | ||
| Low | 1.4B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 11.4% | ||
| Avg | 9.1% | ||
| Low | 7.3% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.74 | ||
| Avg | 2.14 | ||
| Low | 1.55 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 158.5% | ||
| Avg | 102.0% | ||
| Low | 46.2% |