TMX Group Limited (TSX:X)
Canada flag Canada · Delayed Price · Currency is CAD
53.58
+1.04 (1.98%)
Aug 24, 2026, 4:00 PM EST

TMX Group Stock Forecast

Stock Price Forecast

According to 7 analysts polled by S&P Global, TMX Group stock has a consensus rating of "Strong Buy" and an average price target of $65.43. The average 1-year stock price forecast is 22.12% higher than the current stock price, while the lowest is $61.00 (+13.85%) and the highest is $71.00 (+32.51%).

Price Target: $65.43 (+22.12%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$61.00$65.43$64.50$71.00
Change+13.85%+22.12%+20.38%+32.51%

Analyst Ratings

The average analyst rating for TMX Group 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
RatingMar '26Apr '26May '26Jun '26Jul '26Aug '26
Strong Buy444433
Buy222233
Hold222210
Sell000000
Strong Sell000000
Total888876

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
CIBC
CIBC
Buy
Initiates
$64.50
BuyInitiates$64.50+20.38%Aug 17, 2026
RBC Capital
RBC Capital
Buy
Maintains
$71.00$69.00
BuyMaintains$71.00$69.00+28.78%Aug 4, 2026
Scotiabank
Scotiabank
Buy
Maintains
$68.00$71.00
BuyMaintains$68.00$71.00+32.51%Aug 3, 2026
TD Cowen
TD Cowen
Buy
Maintains
$61.00
BuyMaintains$61.00+13.85%Jul 31, 2026
National Bank
National Bank
Buy
Upgrades
$63.00
BuyUpgrades$63.00+17.58%Jul 27, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.95B
from 1.72B
Increased by 13.48%
Revenue Next Year
2.21B
from 1.95B
Increased by 13.37%
EPS This Year
2.45
from 2.13
Increased by 15.16%
EPS Next Year
2.72
from 2.45
Increased by 11.05%
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%13.48%
Operating Income
491.50M523.50M545.10M662.50M781.10M937.10M
Net Income
338.50M542.70M356.00M481.50M415.70M620.39M
EPS
----2.132.45
EPS Growth
----25.29%15.16%
Forward PE
18.6418.8820.6424.0023.8221.84
Dividend / Share
0.600.660.710.750.840.99
Dividend Growth
10.66%10.30%6.63%5.93%12.00%17.62%
Free Cash Flow
335.99M305.74M397.15M517.30M530.00M632.22M
No. Analysts
-----6
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
14.5%
Avg
13.5%
Low
12.2%

EPS Forecast

EPS202620272028
High2.51
Avg2.45
Low2.28

EPS Growth

EPS Growth202620272028
High
17.8%
Avg
15.2%
Low
7.0%