Quarterhill Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Quarterhill stock has a consensus rating of "Buy" and an average price target of $3.96. The average 1-year stock price forecast is 54.69% higher than the current stock price, while the lowest is $3.00 (+17.19%) and the highest is $4.50 (+75.78%).

Price Target: $3.96 (+54.69%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$3.00	$3.96	$4.39	$4.50
Change	+17.19%	+54.69%	+71.48%	+75.78%

Analyst Ratings

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

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	1	1	1	1	1	1
Buy	1	2	2	2	2	2
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	3	3	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Gavin Fairweather ATB Cormark Capital Markets	ATB Cormark Capital Markets	Buy Maintains $3.00 → $4.40	Buy	Maintains	$3.00 → $4.40	+71.88%	Jun 30, 2026
Todd Coupland CIBC	CIBC	Buy Maintains $2.00	Buy	Maintains	$2.00	-21.88%	Mar 24, 2026

Financial Forecast

Revenue This Year

210.50M

from 155.17M

35.66%

from 155.17M

Revenue Next Year

403.66M

from 210.50M

91.76%

from 210.50M

EPS This Year

0.06

from -

EPS Next Year

n/a

from 0.06

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	99.33M	117.73M	143.99M	153.31M	155.17M	210.50M
Revenue Growth	-12.43%	18.53%	22.31%	6.47%	1.22%	35.66%
Gross Profit	29.58M	27.94M	30.11M	27.78M	32.83M	66.73M
Gross Margin	29.78%	23.73%	20.91%	18.12%	21.16%	31.70%
Operating Income	-17.11M	-21.82M	-10.72M	-13.55M	-17.62M	4.00M
Net Income	-17.53M	2.04M	-46.20M	-11.02M	-54.41M	-1.00M
EPS	-	-	-	-	-	0.06
Forward PE	80.21	8.67	-	-	-	30.06
Free Cash Flow	-11.56M	-9.73M	-14.04M	-3.93M	5.81M	-3.80M
No. Analysts	-	-	-	-	-	1

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027
High	210.5M
Avg	210.5M
Low	210.5M

Revenue Growth

Revenue Growth	2026	2027
High	35.7%
Avg	35.7%
Low	35.7%

EPS Forecast

EPS	2026	2027
High	0.06
Avg	0.06
Low	0.06

EPS Growth

EPS Growth	2026	2027
High	-
Avg	-
Low	-