Stingray Group Inc. (TSX:RAY)
Canada flag Canada · Delayed Price · Currency is CAD
15.17
+0.12 (0.80%)
Jul 3, 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 40.80% higher than the current stock price, while the lowest is $20.00 (+31.84%) and the highest is $24.00 (+58.21%).

Price Target: $21.36 (+40.80%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$20.00$21.36$21.00$24.00
Change+31.84%+40.80%+38.43%+58.21%

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

RatingNov '25Jan '26Feb '26Apr '26May '26Jun '26
Strong Buy333333
Buy333334
Hold000000
Sell000000
Strong Sell000000
Total666667

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Buy
Initiates
$24.00
BuyInitiates$24.00+58.21%Jun 19, 2026
RBC Capital
RBC Capital
Buy
Maintains
$21.00
BuyMaintains$21.00+38.43%Jun 12, 2026
CIBC
CIBC
Buy
Maintains
$20.00
BuyMaintains$20.00+31.84%Jun 11, 2026
BMO Capital
BMO Capital
Buy
Maintains
$21.00
BuyMaintains$21.00+38.43%Jun 11, 2026
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$21.00$21.50
BuyMaintains$21.00$21.50+41.73%Jun 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
648.48M
from 471.57M
Increased by 37.52%
Revenue Next Year
687.89M
from 648.48M
Increased by 6.08%
EPS This Year
2.11
from 1.33
Increased by 58.59%
EPS Next Year
2.32
from 2.11
Increased by 9.80%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
282.63M323.94M345.43M386.89M471.57M648.48M
Revenue Growth
14.03%14.62%6.63%12.00%21.89%37.52%
Operating Income
51.69M78.69M88.45M100.84M93.44M165.41M
Net Income
33.29M30.12M-13.74M36.44M-28.58M106.88M
EPS
----1.332.11
EPS Growth
----26.67%58.59%
Forward PE
7.686.407.737.358.637.19
Dividend / Share
0.300.300.300.30-0.34
Free Cash Flow
59.25M58.81M47.59M75.40M112.97M144.17M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202720282029
High670.9M
Avg648.5M
Low635.8M

Revenue Growth

Revenue Growth202720282029
High
42.3%
Avg
37.5%
Low
34.8%

EPS Forecast

EPS202720282029
High2.44
Avg2.11
Low1.77

EPS Growth

EPS Growth202720282029
High
83.5%
Avg
58.6%
Low
33.1%