GFL Environmental Stock Forecast

Stock Price Forecast

The 14 analysts with 12-month price forecasts for GFL Environmental stock have an average target of 44.82, with a low estimate of 34 and a high estimate of 59. The average target predicts an increase of 34.96% from the current stock price of 33.21.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$34	$44.82	$45.5	$59
Change	+2.38%	+34.96%	+37.01%	+77.66%

Analyst Ratings

The average analyst rating for GFL stock from 14 stock analysts 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

Rating	Nov '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	3	3	4	4	5	5
Buy	8	8	8	8	6	7
Hold	1	1	2	2	2	2
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	12	12	14	14	13	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sabahat Khan RBC Capital	RBC Capital	Buy Maintains $43 → $46	Buy	Maintains	$43 → $46	+38.51%	Apr 8, 2024
Stephanie Moore Jefferies	Jefferies	Strong Buy Maintains $46 → $51	Strong Buy	Maintains	$46 → $51	+53.57%	Mar 18, 2024
Ken Gawrelski Wells Fargo	Wells Fargo	Hold Maintains $30 → $34	Hold	Maintains	$30 → $34	+2.38%	Feb 6, 2024
Jon Windham UBS	UBS	Strong Buy Initiates $44	Strong Buy	Initiates	$44	+32.49%	Jan 31, 2024
Michael Feniger B of A Securities	B of A Securities	Strong Buy → Hold Downgrades $35	Strong Buy → Hold	Downgrades	$35	+5.39%	Jan 19, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

8.11B

from 7.52B

7.88%

from 7.52B

Revenue Next Year

8.67B

from 8.11B

6.89%

from 8.11B

EPS This Year

1.21

from -0.13

EPS Next Year

1.64

from 1.21

35.37%

from 1.21

Year	2019	2020	2021	2022	2023	2024	2025	2026	2027	2028
Revenue	3.35B	4.20B	5.14B	6.76B	7.52B	8.11B	8.67B	9.18B	9.80B	10.44B
Revenue Growth	173.26%	25.38%	22.41%	31.63%	11.15%	7.88%	6.89%	5.93%	6.79%	6.50%
EPS	-2.50	-3.10	-1.83	-1.08	-0.13	1.21	1.64	1.92	2.23	2.46
EPS Growth	-	-	-	-	-	-	35.37%	17.53%	15.74%	10.76%
No. Analysts	-	-	-	-	-	14	14	4	2	2

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	8.6B	9.5B	9.8B	10.5B	11.3B
Avg	8.1B	8.7B	9.2B	9.8B	10.4B
Low	7.8B	8.2B	8.5B	9.2B	9.7B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	14.4%	16.6%	12.9%	14.5%	15.4%
Avg	7.9%	6.9%	5.9%	6.8%	6.5%
Low	3.6%	0.8%	-2.2%	0.3%	-1.1%

EPS Forecast

EPS	2024	2025	2026	2027	2028
High	1.84	2.42	2.69	2.31	2.56
Avg	1.21	1.64	1.92	2.23	2.46
Low	0.78	1.09	1.31	2.16	2.39

EPS Growth

EPS Growth	2024	2025	2026	2027	2028
High	-	99.9%	64.3%	20.3%	15.1%
Avg	-	35.4%	17.5%	15.7%	10.8%
Low	-	-10.0%	-19.7%	12.3%	7.5%

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.