Stingray Group Inc. (TSX:RAY)
Canada flag Canada · Delayed Price · Currency is CAD
16.15
-0.93 (-5.44%)
Jun 15, 2026, 4:00 PM EST

Stingray Group Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, Stingray Group stock has a consensus rating of "Buy" and an average price target of $20.92. The average 1-year stock price forecast is 29.54% higher than the current stock price, while the lowest is $20.00 (+23.84%) and the highest is $22.00 (+36.22%).

Price Target: $20.92 (+29.54%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$20.00$20.92$21.00$22.00
Change+23.84%+29.54%+30.03%+36.22%

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
Buy333333
Hold000000
Sell000000
Strong Sell000000
Total666666

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Buy
Maintains
$20.50$21.00
BuyMaintains$20.50$21.00+30.03%Jun 5, 2026
CIBC
CIBC
Buy
Maintains
$20.00
BuyMaintains$20.00+23.84%Jun 1, 2026
RBC Capital
RBC Capital
Buy
Maintains
$20.00$21.00
BuyMaintains$20.00$21.00+30.03%Apr 30, 2026
BMO Capital
BMO Capital
Buy
Maintains
$19.00$21.00
BuyMaintains$19.00$21.00+30.03%Feb 12, 2026
Unknown Analyst
National Bank
No rating
National Bank
Buy
Maintains
$18.00$21.00
BuyMaintains$18.00$21.00+30.03%Feb 11, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
648.19M
from 471.57M
Increased by 37.46%
Revenue Next Year
686.40M
from 648.19M
Increased by 5.89%
EPS This Year
2.07
from 1.33
Increased by 55.82%
EPS Next Year
2.27
from 2.07
Increased by 9.62%
Fiscal YearFY 2022FY 2023FY 2024FY 2025FY 2026FY 2027
Period EndingMar 31, 2022Mar 31, 2023Mar 31, 2024Mar 31, 2025Mar 31, 2026Mar 31, 2027
Revenue
282.63M323.94M345.43M386.89M471.57M648.19M
Revenue Growth
14.03%14.62%6.63%12.00%21.89%37.46%
Operating Income
51.69M78.69M88.45M100.84M93.44M165.41M
Net Income
33.29M30.12M-13.74M36.44M-28.58M98.75M
EPS
----1.332.07
EPS Growth
----26.67%55.82%
Forward PE
7.686.407.737.358.637.79
Dividend / Share
0.300.300.300.30-0.34
Free Cash Flow
59.25M58.81M47.59M75.40M112.97M145.85M
No. Analysts
-----6
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202720282029
High670.9M
Avg648.2M
Low635.8M

Revenue Growth

Revenue Growth202720282029
High
42.3%
Avg
37.5%
Low
34.8%

EPS Forecast

EPS202720282029
High2.44
Avg2.07
Low1.77

EPS Growth

EPS Growth202720282029
High
83.5%
Avg
55.8%
Low
33.1%