North American Construction Group Ltd. (TSX:NOA)
Canada flag Canada · Delayed Price · Currency is CAD
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
TargetLowAverageMedianHigh
Price$22.00$25.64$24.50$30.00
Change+13.64%+32.44%+26.55%+54.96%
* 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

RatingDec '25Jan '26Feb '26Mar '26Apr '26May '26
Strong Buy223333
Buy222322
Hold433222
Sell000011
Strong Sell000000
Total878888

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$20.00$24.50
BuyMaintains$20.00$24.50+26.55%May 19, 2026
CIBC
CIBC
Hold
Reiterates
$20.00$23.00
HoldReiterates$20.00$23.00+18.80%May 19, 2026
Roth MKM
Roth MKM
Buy
Reiterates
$34.86$38.35
BuyReiterates$34.86$38.35+98.10%May 15, 2026
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Hold
Maintains
$21.00$24.00
HoldMaintains$21.00$24.00+23.97%May 14, 2026
BMO Capital
BMO Capital
Hold
Maintains
$21.00$22.00
HoldMaintains$21.00$22.00+13.64%May 14, 2026
More Analyst Ratings

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%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
654.14M769.54M964.68M1.17B1.28B1.40B
Revenue Growth
31.23%17.64%25.36%20.85%10.17%9.08%
Gross Profit
185.94M220.82M286.15M394.99M379.52M296.65M
Gross Margin
28.43%28.69%29.66%33.88%29.55%21.18%
Operating Income
41.80M71.79M97.99M154.03M110.00M133.50M
Net Income
51.41M67.37M63.14M44.01M33.83M56.97M
EPS
----1.062.14
EPS Growth
-----71.58%101.96%
Forward PE
10.6310.6310.6310.6310.639.04
Dividend / Share
0.160.320.400.420.480.48
Dividend Growth
-100.00%25.00%5.00%14.29%-
Free Cash Flow
17.00M43.51M19.91M-100.96M-35.26M42.73M
No. Analysts
-----5
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High1.4B
Avg1.4B
Low1.4B

Revenue Growth

Revenue Growth202620272028
High
11.4%
Avg
9.1%
Low
7.3%

EPS Forecast

EPS202620272028
High2.74
Avg2.14
Low1.55

EPS Growth

EPS Growth202620272028
High
158.5%
Avg
102.0%
Low
46.2%