TMX Group Limited (TSX:X)
Canada flag Canada · Delayed Price · Currency is CAD
63.97
+1.45 (2.32%)
Nov 13, 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 $69.57. The average 1-year stock price forecast is 8.75% higher than the current stock price, while the lowest is $67.00 (+4.74%) and the highest is $75.00 (+17.24%).

Price Target: $69.57 (+8.75%)
Analyst Consensus: Strong Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$67.00$69.57$69.00$75.00
Change+4.74%+8.75%+7.86%+17.24%

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
RatingJun '26Jul '26Aug '26Sep '26Oct '26Nov '26
Strong Buy434444
Buy233333
Hold210000
Sell000000
Strong Sell000000
Total877777

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
CIBC
CIBC
Buy
Maintains
$64.50 → $69.00
BuyMaintains$64.50 → $69.00+7.86%Nov 2, 2026
RBC Capital
RBC Capital
Buy
Maintains
$67.00 → $75.00
BuyMaintains$67.00 → $75.00+17.24%Nov 2, 2026
Unknown Analyst
Raymond James
No rating
Raymond James
Buy
Maintains
$64.50 → $69.00
BuyMaintains$64.50 → $69.00+7.86%Oct 30, 2026
TD Cowen
TD Cowen
Buy
Reiterates
$67.00 → $68.00
BuyReiterates$67.00 → $68.00+6.30%Oct 30, 2026
National Bank
National Bank
Buy
Maintains
$64.00 → $67.00
BuyMaintains$64.00 → $67.00+4.74%Oct 28, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.97B
from 1.72B
Increased by 14.68%
Revenue Next Year
2.21B
from 1.97B
Increased by 12.35%
EPS This Year
2.53
from 2.13
Increased by 18.61%
EPS Next Year
2.73
from 2.53
Increased by 8.07%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
980.70M1.11B1.19B1.46B1.72B1.97B
Revenue Growth
13.36%13.68%7.10%22.28%17.61%14.68%
Operating Income
491.50M523.50M545.10M662.50M781.10M914.96M
Net Income
338.50M542.70M356.00M481.50M415.70M618.41M
EPS
----2.132.53
EPS Growth
----25.29%18.61%
Forward PE
18.6418.8820.6424.0023.8225.32
Dividend / Share
0.600.660.710.750.841.07
Dividend Growth
10.66%10.30%6.63%5.93%12.00%27.38%
Free Cash Flow
----643.60M603.78M
No. Analysts
-----7
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High2.0B
Avg2.0B
Low1.9B

Revenue Growth

Revenue Growth202620272028
High
16.6%
Avg
14.7%
Low
10.2%

EPS Forecast

EPS202620272028
High2.57
Avg2.53
Low2.44

EPS Growth

EPS Growth202620272028
High
20.9%
Avg
18.6%
Low
14.6%