TSX:PEY Stock Forecast

Stock Price Forecast

According to 12 analysts polled by S&P Global, TSX:PEY stock has a consensus rating of "Buy" and an average price target of $27.75. The average 1-year stock price forecast is 8.53% higher than the current stock price, while the lowest is $25.00 (-2.23%) and the highest is $31.00 (+21.24%).

Price Target: $27.75 (+8.53%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$25.00	$27.75	$27.00	$31.00
Change	-2.23%	+8.53%	+5.59%	+21.24%

Analyst Ratings

The average analyst rating for TSX:PEY stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart

Rating	May '26	Jun '26	Jul '26	Aug '26	Sep '26	Oct '26
Strong Buy	3	3	3	3	3	4
Buy	2	2	2	2	2	2
Hold	4	5	5	5	6	6
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	9	10	10	10	11	12

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Unknown Analyst Ventum Financial No rating	Ventum Financial	Buy Maintains $31.00	Buy	Maintains	$31.00	+21.24%	Oct 23, 2026
Michael Harvey RBC Capital	RBC Capital	Hold Maintains $27.00	Hold	Maintains	$27.00	+5.59%	Oct 20, 2026
Chris MacCulloch Scotiabank	Scotiabank	Hold Maintains $28.50 → $27.00	Hold	Maintains	$28.50 → $27.00	+5.59%	Oct 19, 2026
Chris Thompson MBA CIBC	CIBC	Buy Maintains $28.00 → $27.00	Buy	Maintains	$28.00 → $27.00	+5.59%	Oct 9, 2026
Aaron Bilkoski TD Cowen	TD Cowen	Hold Maintains $25.00	Hold	Maintains	$25.00	-2.23%	Aug 13, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.49B

from 1.07B

39.27%

from 1.07B

Revenue Next Year

1.48B

from 1.49B

-0.69%

from 1.49B

EPS This Year

2.40

from 2.06

16.50%

from 2.06

EPS Next Year

2.16

from 2.40

-10.00%

from 2.40

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	840.43M	1.47B	945.51M	857.09M	1.07B	1.49B
Revenue Growth	122.20%	75.38%	-35.85%	-9.35%	25.00%	39.27%
Operating Income	250.11M	567.48M	456.74M	466.91M	609.40M	535.00M
Net Income	152.25M	390.66M	292.64M	280.57M	418.59M	414.20M
EPS	-	-	-	-	2.06	2.40
EPS Growth	-	-	-	-	45.07%	16.50%
Dividend / Share	0.13	0.60	1.32	1.32	1.32	1.40
Dividend Growth	44.44%	361.54%	120.00%	-	-	5.88%
Free Cash Flow	-	-	-	-	357.22M	514.63M
FFO	-	-	-	-	-	1.01B
FFO / Share	-	-	-	-	-	4.83
P/FFO	-	-	-	-	-	5.29
No. Analysts	-	-	-	-	-	2

EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	1.5B
Avg	1.5B
Low	1.5B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	41.4%
Avg	39.3%
Low	37.1%

EPS Forecast

Chart

EPS	2026	2027	2028
High	2.47
Avg	2.40
Low	2.33

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	19.9%
Avg	16.5%
Low	13.1%