The Bank of Nova Scotia (BNS)
NYSE: BNS · Real-Time Price · USD
47.73
-0.61 (-1.26%)
At close: Mar 28, 2025, 4:00 PM
47.24
-0.49 (-1.02%)
After-hours: Mar 28, 2025, 8:00 PM EDT

The Bank of Nova Scotia Stock Forecast

Stock Price Forecast

The 2 analysts with 12-month price forecasts for The Bank of Nova Scotia stock have an average target of 77.5, with a low estimate of 74 and a high estimate of 81. The average target predicts an increase of 62.37% from the current stock price of 47.73.

Analyst Consensus: Hold
Target Low Average Median High
Price $74 $77.5 $81 $81
Change +55.04% +62.37% +69.70% +69.70%
* Price targets were last updated on Feb 26, 2025.

Analyst Ratings

The average analyst rating for The Bank of Nova Scotia stock from 2 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '24Nov '24Dec '24Jan '25Feb '25Mar '25
Strong Buy 000000
Buy 000000
Hold 221122
Sell 221110
Strong Sell 000000
Total 442232

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
RBC Capital
RBC Capital
Hold
Maintains
$83$81
Hold Maintains $83$81 +69.70% Feb 26, 2025
RBC Capital
RBC Capital
Hold
Maintains
$65$74
Hold Maintains $65$74 +55.04% Dec 4, 2024
Barclays
Barclays
Sell
Initiates
$70
Sell Initiates $70 +46.66% Mar 20, 2024
Scotiabank
Scotiabank
Hold
Maintains
$68$66
Hold Maintains $68$66 +38.28% Aug 30, 2023
Barclays
Barclays
Sell
Maintains
$63$65
Sell Maintains $63$65 +36.18% Aug 21, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
37.27B
from 29.48B
Increased by 26.39%
Revenue Next Year
39.05B
from 37.27B
Increased by 4.80%
EPS This Year
7.06
from 5.87
Increased by 20.14%
EPS Next Year
8.05
from 7.06
Increased by 14.11%
Fiscal Year FY 2020 FY 2021 FY 2022 FY 2023 FY 2024 FY 2025 FY 2026 FY 2027
Period Ending Oct 31, 2020 Oct 31, 2021 Oct 31, 2022 Oct 31, 2023 Oct 31, 2024 Oct 31, 2025 Oct 31, 2026 Oct 31, 2027
Revenue
25.25B29.44B29.80B29.16B29.48B37.27B39.05B39.90B
Revenue Growth
-9.43%16.57%1.24%-2.15%1.11%26.39%4.80%2.16%
EPS
5.307.708.025.725.877.068.058.64
EPS Growth
-20.59%45.30%4.18%-28.75%2.75%20.14%14.11%7.24%
Forward PE
-----9.738.527.95
No. Analysts -----18184
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 202520262027
High 39.9B 41.7B 42.5B
Avg 37.3B 39.1B 39.9B
Low 35.2B 36.7B 37.8B

Revenue Growth

Revenue Growth 202520262027
High
35.4%
11.9%
8.8%
Avg
26.4%
4.8%
2.2%
Low
19.5%
-1.4%
-3.3%

EPS Forecast

EPS 202520262027
High 7.46 8.79 9.35
Avg 7.06 8.05 8.64
Low 6.76 7.42 8.04

EPS Growth

EPS Growth 202520262027
High
26.9%
24.5%
16.0%
Avg
20.1%
14.1%
7.2%
Low
15.1%
5.1%
-0.2%
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.