TMX Group Limited (TSX:X)
45.56
-1.20 (-2.57%)
Jun 25, 2026, 3:08 PM EST
TMX Group Stock Forecast
Stock Price Forecast
According to 8 analysts polled by S&P Global, TMX Group stock has a consensus rating of "Buy" and an average price target of $65.41. The average 1-year stock price forecast is 43.57% higher than the current stock price, while the lowest is $58.00 (+27.30%) and the highest is $71.00 (+55.84%).
Price Target: $65.41 (+43.57%)
Analyst Consensus: Buy
Analyst Ratings
The average analyst rating for TMX 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 | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 4 | 4 | 4 | 4 | 4 |
| Buy | 3 | 2 | 2 | 2 | 2 | 2 |
| Hold | 2 | 2 | 2 | 2 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 8 | 8 | 8 | 8 | 8 | 8 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| BMO Capital | BMO Capital | Buy Maintains $65.00 | Buy | Maintains | $65.00 | +42.67% | Jun 22, 2026 |
| Canaccord Genuity | Canaccord Genuity | Buy Maintains $63.00 → $64.00 | Buy | Maintains | $63.00 → $64.00 | +40.47% | Jun 15, 2026 |
| RBC Capital | RBC Capital | Buy Maintains $69.00 → $71.00 | Buy | Maintains | $69.00 → $71.00 | +55.84% | Jun 15, 2026 |
| Barclays | Barclays | Hold Maintains $58.00 | Hold | Maintains | $58.00 | +27.30% | Jun 15, 2026 |
| Scotiabank | Scotiabank | Buy Maintains $70.00 → $71.00 | Buy | Maintains | $70.00 → $71.00 | +55.84% | May 7, 2026 |
Financial Forecast
Revenue This Year
1.92B
from 1.72B
Increased by 11.70%
Revenue Next Year
2.12B
from 1.92B
Increased by 10.62%
EPS This Year
2.43
from 2.13
Increased by 13.97%
EPS Next Year
2.66
from 2.43
Increased by 9.62%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.0B | ||
| Avg | 1.9B | ||
| Low | 1.9B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 14.1% | ||
| Avg | 11.7% | ||
| Low | 10.0% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.49 | ||
| Avg | 2.43 | ||
| Low | 2.30 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.9% | ||
| Avg | 14.0% | ||
| Low | 8.0% |