Boralex Q2 EPS Forecast Boosted by Raymond James Financial

Boralex Inc. (TSE:BLX - Free Report) - Analysts at Raymond James Financial upped their Q2 2025 earnings estimates for shares of Boralex in a note issued to investors on Wednesday, June 18th. Raymond James Financial analyst D. Magder now expects that the company will earn ($0.05) per share for the quarter, up from their previous estimate of ($0.12). Raymond James Financial has a "Moderate Buy" rating on the stock. The consensus estimate for Boralex's current full-year earnings is $1.34 per share. Raymond James Financial also issued estimates for Boralex's Q3 2025 earnings at ($0.16) EPS, FY2025 earnings at $0.94 EPS and Q3 2026 earnings at ($0.08) EPS.

Several other research analysts have also recently issued reports on the stock. TD Securities increased their price objective on shares of Boralex from C$35.00 to C$38.00 and gave the company a "buy" rating in a report on Wednesday, June 18th. National Bankshares increased their price objective on shares of Boralex from C$42.00 to C$43.00 and gave the company an "outperform" rating in a report on Thursday. BMO Capital Markets decreased their price objective on shares of Boralex from C$42.00 to C$39.00 in a report on Thursday, May 22nd. National Bank Financial upgraded shares of Boralex to a "strong-buy" rating in a report on Sunday, June 8th. Finally, Desjardins set a C$45.00 price objective on shares of Boralex and gave the company a "top pick" rating in a report on Wednesday, June 18th. One equities research analyst has rated the stock with a hold rating, three have issued a buy rating and three have issued a strong buy rating to the stock. According to data from MarketBeat.com, the company has an average rating of "Buy" and an average target price of C$39.22.

Boralex Trading Down 1.3%

Boralex stock opened at C$32.35 on Monday. The firm has a 50 day simple moving average of C$31.03 and a 200-day simple moving average of C$28.95. The company has a debt-to-equity ratio of 233.60, a current ratio of 0.86 and a quick ratio of 1.54. The stock has a market capitalization of C$3.37 billion, a PE ratio of 47.43, a price-to-earnings-growth ratio of 2.01 and a beta of 0.46. Boralex has a 12-month low of C$24.40 and a 12-month high of C$36.63.

Boralex Company Profile

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.

This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.