The Bank of Nova Scotia (BNS)

The Bank of Nova Scotia Stock Forecast

Stock Price Forecast

The 2 analysts that cover The Bank of Nova Scotia stock have a consensus rating of "Hold" and an average price target of $80, which forecasts a 28.08% increase in the stock price over the next year. The lowest target is $74 and the highest is $86.

Price Target: $80 (+28.08%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$74	$80	$86	$86
Change	+18.48%	+28.08%	+37.69%	+37.69%

Analyst Ratings

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

Recommendation Trends

Rating	Mar '25	Apr '25	May '25	Jun '25	Jul '25	Aug '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	2
Sell	1	1	1	1	1	0
Strong Sell	0	0	0	0	0	0
Total	3	3	3	3	3	2

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $80 → $86	Hold	Maintains	$80 → $86	+37.69%	Aug 27, 2025
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $83 → $81	Hold	Maintains	$83 → $81	+29.68%	Feb 26, 2025
Rishi Jaluria RBC Capital	RBC Capital	Hold Maintains $65 → $74	Hold	Maintains	$65 → $74	+18.48%	Dec 4, 2024
Brian Morton Barclays	Barclays	Sell Initiates $70	Sell	Initiates	$70	+12.07%	Mar 20, 2024
Mario Mendonca Scotiabank	Scotiabank	Hold Maintains $68 → $66	Hold	Maintains	$68 → $66	+5.67%	Aug 30, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

37.48B

Increased by 27.13%

from 29.48B

Revenue Next Year

38.72B

Increased by 3.31%

from 37.48B

EPS This Year

6.84

Increased by 16.46%

from 5.87

EPS Next Year

7.78

Increased by 13.78%

from 6.84

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Oct 31, 2020	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026
Revenue	25.25B	29.44B	29.80B	29.16B	29.48B	37.48B	38.72B
Revenue Growth	-9.43%	16.56%	1.24%	-2.15%	1.11%	27.13%	3.31%
EPS	5.30	7.70	8.02	5.72	5.87	6.84	7.78
EPS Growth	-20.59%	45.30%	4.18%	-28.75%	2.75%	16.46%	13.78%
Forward PE	-	-	-	-	-	12.56	11.03
No. Analysts	-	-	-	-	-	15	15

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027	2028	2029
High	40.2B	41.5B
Avg	37.5B	38.7B
Low	35.5B	35.4B

Revenue Growth

Revenue Growth	2025	2026	2027	2028	2029
High	36.3%	10.8%
Avg	27.1%	3.3%
Low	20.4%	-5.7%

EPS Forecast

EPS	2025	2026	2027
High	7.25	8.28
Avg	6.84	7.78
Low	6.32	7.17

EPS Growth

EPS Growth	2025	2026	2027
High	23.3%	21.1%
Avg	16.5%	13.8%
Low	7.6%	4.9%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.