Wajax Stock Forecast

Stock Price Forecast

According to 4 analysts polled by S&P Global, Wajax stock has a consensus rating of "Hold" and an average price target of $34.00. The average 1-year stock price forecast is 11.73% higher than the current stock price, while the lowest is $32.00 (+5.16%) and the highest is $37.00 (+21.59%).

Price Target: $34.00 (+11.73%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32.00	$34.00	$33.50	$37.00
Change	+5.16%	+11.73%	+10.09%	+21.59%

* Price targets were last updated on May 7, 2026.

Analyst Ratings

The average analyst rating for Wajax stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26	May '26
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	1	1	1
Hold	4	4	4	3	3	3
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Patrick Sullivan TD Cowen No rating	TD Cowen	Hold Maintains $35.00 → $33.00	Hold	Maintains	$35.00 → $33.00	+8.45%	May 7, 2026
Devin Dodge BMO Capital	BMO Capital	Hold Maintains $34.00	Hold	Maintains	$34.00	+11.73%	May 6, 2026
Jonathan Goldman Scotiabank	Scotiabank	Hold Maintains $38.00 → $37.00	Hold	Maintains	$38.00 → $37.00	+21.59%	May 5, 2026
Maxim Sytchev National Bank	National Bank	Buy Upgrades $37.00	Buy	Upgrades	$37.00	+21.59%	Mar 3, 2026

Financial Forecast

Revenue This Year

2.09B

from 2.15B

-2.60%

from 2.15B

Revenue Next Year

2.16B

from 2.09B

3.31%

from 2.09B

EPS This Year

3.04

from 2.84

7.13%

from 2.84

EPS Next Year

3.38

from 3.04

11.01%

from 3.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	1.64B	1.96B	2.15B	2.10B	2.15B	2.09B
Revenue Growth	15.09%	19.88%	9.77%	-2.65%	2.27%	-2.60%
Gross Profit	328.13M	390.31M	450.63M	413.78M	411.73M	416.50M
Gross Margin	20.04%	19.89%	20.91%	19.73%	19.19%	19.93%
Operating Income	84.26M	113.86M	136.75M	102.26M	114.90M	114.40M
EPS	-	-	-	-	2.84	3.04
EPS Growth	-	-	-	-	19.33%	7.13%
Forward PE	8.84	6.91	7.92	8.21	8.92	10.00
Dividend / Share	1.00	1.00	1.32	1.40	1.40	1.52
Dividend Growth	-	-	32.00%	6.06%	-	8.57%
Free Cash Flow	154.84M	62.41M	-87.11M	73.10M	202.92M	89.00M
No. Analysts	-	-	-	-	-	4

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	2.1B
Avg	2.1B
Low	2.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	-1.6%
Avg	-2.6%
Low	-3.2%

EPS Forecast

EPS	2026	2027	2028
High	-
Avg	3.04
Low	-

EPS Growth

EPS Growth	2026	2027	2028
High	-
Avg	7.1%
Low	-