Surge Energy Inc. (TSX:SGY)
Canada flag Canada · Delayed Price · Currency is CAD
10.35
+0.48 (4.90%)
Jul 31, 2026, 4:00 PM EST

Surge Energy Stock Forecast

Stock Price Forecast

According to 9 analysts polled by S&P Global, Surge Energy stock has a consensus rating of "Strong Buy" and an average price target of $13.19. The average 1-year stock price forecast is 27.44% higher than the current stock price, while the lowest is $12.00 (+15.94%) and the highest is $14.50 (+40.10%).

Price Target: $13.19 (+27.44%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$12.00$13.19$13.00$14.50
Change+15.94%+27.44%+25.60%+40.10%

Analyst Ratings

The average analyst rating for Surge Energy stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy666666
Buy223333
Hold110000
Sell000000
Strong Sell000000
Total999999

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Roth MKM
Roth MKM
Buy
Reiterates
$12.00
BuyReiterates$12.00+15.94%Jul 30, 2026
BMO Capital
BMO Capital
Buy
Maintains
$13.00
BuyMaintains$13.00+25.60%Jun 12, 2026
Raymond James
Raymond James
Buy
Upgrades
$9.00$11.00
BuyUpgrades$9.00$11.00+6.28%Mar 30, 2026
ATB Cormark Capital Markets
ATB Cormark Capital Markets
Buy
Maintains
$9.75
BuyMaintains$9.75-5.80%Feb 26, 2026

Financial Forecast

Revenue This Year
703.50M
from 480.72M
Increased by 46.34%
Revenue Next Year
648.00M
from 703.50M
Decreased by -7.89%
EPS This Year
3.32
EPS Next Year
n/a
from 3.32
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
356.17M606.92M558.64M545.38M480.72M703.50M
Revenue Growth
86.16%70.40%-7.95%-2.38%-11.86%46.34%
Operating Income
334.05M192.62M56.19M17.64M83.70M371.00M
Net Income
407.61M231.72M15.75M-53.72M40.26M75.10M
EPS
-----3.32
Dividend / Share
-0.250.480.500.520.52
Dividend Growth
--95.92%4.10%4.07%-0.32%
Free Cash Flow
-92.97M78.39M88.52M104.09M82.11M128.00M
FFO
-----358.00M
FFO / Share
-----3.24
P/FFO
-----3.19
No. Analysts
-----2
EPS based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High709.0M
Avg703.5M
Low698.0M

Revenue Growth

Revenue Growth202620272028
High
47.5%
Avg
46.3%
Low
45.2%

EPS Forecast

EPS202620272028
High3.32
Avg3.32
Low3.32

EPS Growth

EPS Growth202620272028
High
510.6%
Avg
510.6%
Low
510.6%