Stingray Group Inc. (TSX:RAY)
Canada flag Canada · Delayed Price · Currency is CAD
15.70
-0.08 (-0.51%)
Aug 14, 2026, 4:00 PM EST

Stingray Group Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, Stingray Group stock has a consensus rating of "Buy" and an average price target of $21.36. The average 1-year stock price forecast is 36.05% higher than the current stock price, while the lowest is $19.00 (+21.02%) and the highest is $24.00 (+52.87%).

Price Target: $21.36 (+36.05%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$19.00$21.36$21.00$24.00
Change+21.02%+36.05%+33.76%+52.87%

Analyst Ratings

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

Recommendation Trends

Chart
RatingJan '26Feb '26Apr '26May '26Jun '26Jul '26
Strong Buy333333
Buy333344
Hold000000
Sell000000
Strong Sell000000
Total666677

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
CIBC
CIBC
Buy
Maintains
$20.00$19.00
BuyMaintains$20.00$19.00+21.02%Aug 11, 2026
BMO Capital
BMO Capital
Buy
Maintains
$21.00
BuyMaintains$21.00+33.76%Aug 11, 2026
RBC Capital
RBC Capital
Buy
Maintains
$23.00
BuyMaintains$23.00+46.50%Aug 11, 2026
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Buy
Initiates
$24.00
BuyInitiates$24.00+52.87%Jun 19, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$21.00$21.50
BuyMaintains$21.00$21.50+36.94%Jun 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
654.13M
from 457.77M
Increased by 42.90%
Revenue Next Year
696.44M
from 654.13M
Increased by 6.47%
EPS This Year
2.01
from 1.33
Increased by 51.47%
EPS Next Year
2.28
from 2.01
Increased by 13.25%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
282.63M323.94M345.43M386.89M457.77M654.13M
Revenue Growth
14.03%14.62%6.63%12.00%18.32%42.90%
Operating Income
51.69M78.69M88.45M100.84M94.02M147.87M
Net Income
33.29M30.12M-13.74M36.44M-28.58M75.64M
EPS
----1.332.01
EPS Growth
----26.67%51.47%
Forward PE
7.686.407.737.358.637.79
Dividend / Share
0.300.300.300.300.090.34
Dividend Growth
-----71.67%300.00%
Free Cash Flow
59.25M58.81M47.59M75.40M125.37M139.04M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202720282029
High676.3M
Avg654.1M
Low640.6M

Revenue Growth

Revenue Growth202720282029
High
47.7%
Avg
42.9%
Low
39.9%

EPS Forecast

EPS202720282029
High2.24
Avg2.01
Low1.70

EPS Growth

EPS Growth202720282029
High
68.4%
Avg
51.5%
Low
27.8%