TMX Group Limited (TSX:X)
Canada flag Canada · Delayed Price · Currency is CAD
52.52
+1.28 (2.50%)
Aug 4, 2026, 4:00 PM EST

TMX Group Stock Forecast

Stock Price Forecast

According to 6 analysts polled by S&P Global, TMX Group stock has a consensus rating of "Buy" and an average price target of $65.58. The average 1-year stock price forecast is 24.87% higher than the current stock price, while the lowest is $61.00 (+16.15%) and the highest is $71.00 (+35.19%).

Price Target: $65.58 (+24.87%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$61.00$65.58$64.25$71.00
Change+16.15%+24.87%+22.33%+35.19%

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

Chart
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy444443
Buy222223
Hold222221
Sell000000
Strong Sell000000
Total888887

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Scotiabank
Scotiabank
Buy
Maintains
$68.00$71.00
BuyMaintains$68.00$71.00+35.19%Aug 3, 2026
TD Cowen
TD Cowen
Buy
Maintains
$61.00
BuyMaintains$61.00+16.15%Jul 31, 2026
National Bank
National Bank
Buy
Upgrades
$63.00
BuyUpgrades$63.00+19.95%Jul 27, 2026
RBC Capital
RBC Capital
Buy
Maintains
$71.00
BuyMaintains$71.00+35.19%Jul 14, 2026
Barclays
Barclays
Hold
Maintains
$59.00
HoldMaintains$59.00+12.34%Jul 9, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.95B
from 1.72B
Increased by 13.47%
Revenue Next Year
2.22B
from 1.95B
Increased by 13.93%
EPS This Year
2.44
from 2.13
Increased by 14.46%
EPS Next Year
2.71
from 2.44
Increased by 11.09%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
980.70M1.11B1.19B1.46B1.72B1.95B
Revenue Growth
13.36%13.68%7.10%22.28%17.61%13.47%
Operating Income
491.50M523.50M545.10M662.50M781.10M938.90M
Net Income
338.50M542.70M356.00M481.50M415.70M591.23M
EPS
----2.132.44
EPS Growth
----25.29%14.46%
Forward PE
18.6418.8820.6424.0023.8221.54
Dividend / Share
0.600.660.710.750.841.00
Dividend Growth
-10.30%6.63%5.93%12.00%19.05%
Free Cash Flow
335.99M305.74M397.15M517.30M530.00M632.22M
No. Analysts
-----4
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High2.0B
Avg1.9B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
14.0%
Avg
13.5%
Low
12.7%

EPS Forecast

EPS202620272028
High2.51
Avg2.44
Low2.28

EPS Growth

EPS Growth202620272028
High
17.8%
Avg
14.5%
Low
7.0%