Boralex FY2026 EPS Lowered by National Bank Financial

Key Points

• National Bank Financial has lowered its earnings per share (EPS) estimate for Boralex for FY2026 from $0.73 to $0.66, while maintaining a "Strong-Buy" rating on the stock.
• Boralex's stock price opened at C$29.54, showing a 1.8% increase, with a market capitalization of C$3.07 billion.
• The consensus estimate for Boralex's current full-year earnings is significantly higher at $1.34 per share, reflecting the company's ongoing operations in renewable energy.

Boralex Inc. (TSE:BLX - Free Report) - Stock analysts at National Bank Financial lowered their FY2026 earnings per share (EPS) estimates for shares of Boralex in a research note issued to investors on Sunday, August 10th. National Bank Financial analyst B. Sidhu now anticipates that the company will earn $0.66 per share for the year, down from their prior estimate of $0.73. National Bank Financial currently has a "Strong-Buy" rating on the stock. The consensus estimate for Boralex's current full-year earnings is $1.34 per share.

Several other analysts have also recently commented on BLX. BMO Capital Markets reduced their price target on Boralex from C$42.00 to C$39.00 in a report on Thursday, May 22nd. TD Securities raised their price target on Boralex from C$35.00 to C$38.00 and gave the stock a "buy" rating in a research report on Wednesday, June 18th. Scotiabank lowered their price objective on Boralex from C$36.00 to C$35.00 and set a "sector perform" rating for the company in a research report on Monday. National Bankshares reduced their target price on Boralex from C$43.00 to C$41.00 and set an "outperform" rating on the stock in a report on Monday. Finally, Desjardins set a C$45.00 target price on Boralex and gave the company a "top pick" rating in a report on Wednesday, June 18th. One research analyst has rated the stock with a hold rating, three have given a buy rating and two have given a strong buy rating to the stock. Based on data from MarketBeat.com, Boralex currently has an average rating of "Buy" and an average price target of C$38.89.

Boralex Stock Up 1.8%

Boralex stock opened at C$29.54 on Tuesday. Boralex has a twelve month low of C$24.40 and a twelve month high of C$36.63. The stock has a 50 day moving average of C$31.75 and a two-hundred day moving average of C$29.78. The company has a current ratio of 0.86, a quick ratio of 1.54 and a debt-to-equity ratio of 233.60. The stock has a market capitalization of C$3.07 billion, a price-to-earnings ratio of 43.31, a PEG ratio of 2.01 and a beta of 0.46.

About Boralex

Boralex Inc is an electric utility company involved in the development, construction, and operation of renewable energy power facilities. The company controls a portfolio of electricity producing plants that utilize wind, hydroelectric, thermal, and solar fuel sources. Most of Boralex's plants rely on wind power, while a significant number also employ hydroelectric power.

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