NOA Stock Forecast

Stock Price Forecast

The 8 analysts with 12-month price forecasts for NOA stock have an average target of $26.71, which predicts a 95.39% increase from the current stock price of 13.67.

Price Target: $26.71 (+95.39%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$26.71	$26.71	$26.71	$26.71
Change	+95.39%	+95.39%	+95.39%	+95.39%

Analyst Ratings

The average analyst rating for NOA stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Jan '26	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	2	3	3	3	3	3
Buy	2	2	3	2	2	2
Hold	3	3	2	2	2	2
Sell	0	0	0	1	1	1
Strong Sell	0	0	0	0	0	0
Total	7	8	8	8	8	8

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim Monachello ATB Cormark Capital Markets	ATB Cormark Capital Markets	Hold Initiates $17	Hold	Initiates	$17	+23.48%	Jun 18, 2026
Yuri Lynk Canaccord Genuity	Canaccord Genuity	Buy Maintains $14 → $17	Buy	Maintains	$14 → $17	+26.05%	May 19, 2026
Chris Thompson MBA CIBC	CIBC	Hold Reiterates $14 → $16	Hold	Reiterates	$14 → $16	+18.33%	May 19, 2026
Joseph Reagor Roth MKM	Roth MKM	Buy Reiterates $25 → $28	Buy	Reiterates	$25 → $28	+101.17%	May 15, 2026
John Gibson CFA BMO Capital	BMO Capital	Hold Maintains $15 → $15	Hold	Maintains	$15 → $15	+13.19%	May 14, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.40B

from 1.28B

9.08%

from 1.28B

Revenue Next Year

1.50B

from 1.40B

6.75%

from 1.40B

EPS This Year

2.16

from 1.06

104.01%

from 1.06

EPS Next Year

3.00

from 2.16

38.92%

from 2.16

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	654.14M	769.54M	964.68M	1.17B	1.28B	1.40B
Revenue Growth	31.23%	17.64%	25.36%	20.85%	10.17%	9.08%
Operating Income	41.80M	71.79M	97.99M	154.03M	110.00M	133.50M
Net Income	51.41M	67.37M	63.14M	44.01M	33.83M	49.36M
EPS	-	-	-	-	1.06	2.16
EPS Growth	-	-	-	-	-71.58%	104.01%
Forward PE	-	-	-	-	-	8.96
Dividend / Share	0.16	0.32	0.40	0.42	0.48	0.48
Dividend Growth	-	100.00%	25.00%	5.00%	14.29%	-
Free Cash Flow	17.00M	43.51M	19.91M	-100.96M	-35.26M	42.73M
No. Analysts	-	-	-	-	-	5

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue	2026	2027	2028
High	1.4B
Avg	1.4B
Low	1.4B

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.4%
Avg	9.1%
Low	7.3%

EPS Forecast

EPS	2026	2027	2028
High	2.74
Avg	2.16
Low	1.55

EPS Growth

EPS Growth	2026	2027	2028
High	158.5%
Avg	104.0%
Low	46.2%