Stingray Group Inc. (TSX:RAY)
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
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
| Rating | Nov '25 | Jan '26 | Feb '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Buy | 3 | 3 | 3 | 3 | 3 | 4 |
| Hold | 0 | 0 | 0 | 0 | 0 | 0 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 6 | 6 | 6 | 6 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| ATB Cormark Capital Markets | ATB Cormark Capital Markets | Buy Initiates $24.00 | Buy | Initiates | $24.00 | +58.21% | Jun 19, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $21.00 | Buy | Maintains | $21.00 | +38.43% | Jun 12, 2026 |
| CIBC | CIBC | Buy Maintains $20.00 | Buy | Maintains | $20.00 | +31.84% | Jun 11, 2026 |
| BMO Capital | BMO Capital | Buy Maintains $21.00 | Buy | Maintains | $21.00 | +38.43% | Jun 11, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $21.00 → $21.50 | Buy | Maintains | $21.00 → $21.50 | +41.73% | Jun 11, 2026 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 670.9M | ||
| Avg | 648.5M | ||
| Low | 635.8M |
Revenue Growth
| Revenue Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 42.3% | ||
| Avg | 37.5% | ||
| Low | 34.8% |
EPS Forecast
| EPS | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 2.44 | ||
| Avg | 2.11 | ||
| Low | 1.77 |
EPS Growth
| EPS Growth | 2027 | 2028 | 2029 |
|---|---|---|---|
| High | 83.5% | ||
| Avg | 58.6% | ||
| Low | 33.1% |