TSX:PEY Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, TSX:PEY stock has a consensus rating of "Buy" and an average price target of $27.89. The average 1-year stock price forecast is 10.59% higher than the current stock price, while the lowest is $25.00 (-0.87%) and the highest is $30.00 (+18.95%).

Price Target: $27.89 (+10.59%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$25.00	$27.89	$28.00	$30.00
Change	-0.87%	+10.59%	+11.02%	+18.95%

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

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	5	3	3	3	3	3
Buy	3	3	2	2	2	2
Hold	3	4	4	4	4	4
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	11	10	9	9	9	9

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Michael Harvey RBC Capital	RBC Capital	Hold Maintains $27.00	Hold	Maintains	$27.00	+7.06%	May 15, 2026
Aaron Bilkoski TD Cowen	TD Cowen	Hold Maintains $25.00	Hold	Maintains	$25.00	-0.87%	May 13, 2026
Chris MacCulloch Desjardins	Desjardins	Buy Maintains $27.00 → $31.00	Buy	Maintains	$27.00 → $31.00	+22.92%	Mar 12, 2026
Chris Thompson MBA CIBC	CIBC	Buy Maintains $25.00 → $28.00	Buy	Maintains	$25.00 → $28.00	+11.02%	Mar 11, 2026
Cameron Bean Scotiabank	Scotiabank	Buy Maintains $27.00 → $29.00	Buy	Maintains	$27.00 → $29.00	+14.99%	Mar 11, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.48B

from 1.07B

38.30%

from 1.07B

Revenue Next Year

1.45B

from 1.48B

-2.27%

from 1.48B

EPS This Year

2.57

from 2.06

24.76%

from 2.06

EPS Next Year

2.21

from 2.57

-14.01%

from 2.57

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	1.48B
Revenue Growth	122.20%	75.38%	-35.85%	-9.35%	25.00%	38.30%
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	534.50M
EPS	-	-	-	-	2.06	2.57
EPS Growth	-	-	-	-	45.07%	24.76%
Dividend / Share	0.13	0.60	1.32	1.32	1.32	1.38
Dividend Growth	-	361.54%	120.00%	-	-	4.44%
Free Cash Flow	142.92M	236.69M	-221.85M	240.31M	404.27M	526.67M
FFO	-	-	-	-	-	1.06B
FFO / Share	-	-	-	-	-	5.10
P/FFO	-	-	-	-	-	4.95
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

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

Revenue Growth

Revenue Growth	2026	2027	2028
High	41.5%
Avg	38.3%
Low	35.8%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	2.57
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	24.8%
Low	-