Raymond James Financial Forecasts Boralex Q4 Earnings

Boralex Inc. (TSE:BLX - Free Report) - Raymond James Financial upped their Q4 2025 EPS estimates for Boralex in a note issued to investors on Wednesday, June 18th. Raymond James Financial analyst D. Magder now anticipates that the company will post earnings of $0.86 per share for the quarter, up from their previous estimate of $0.79. 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 Q1 2026 earnings at $0.67 EPS, Q2 2026 earnings at $0.11 EPS, Q4 2026 earnings at $0.83 EPS and FY2026 earnings at $1.53 EPS.

Other equities research analysts have also issued reports about the stock. TD Securities boosted 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. 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. BMO Capital Markets dropped their price objective on shares of Boralex from C$42.00 to C$39.00 in a report on Thursday, May 22nd. National Bankshares boosted 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. Finally, National Bank Financial raised shares of Boralex to a "strong-buy" rating in a report on Sunday, June 8th. 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, the company presently has an average rating of "Buy" and an average price target of C$39.22.

Boralex Stock Performance

Shares of BLX traded down C$0.41 during trading hours on Thursday, reaching C$32.35. 945,756 shares of the company traded hands, compared to its average volume of 344,181. The stock has a market capitalization of C$3.37 billion, a P/E ratio of 47.43, a P/E/G ratio of 2.01 and a beta of 0.46. The company has a quick ratio of 1.54, a current ratio of 0.86 and a debt-to-equity ratio of 233.60. Boralex has a 12-month low of C$24.40 and a 12-month high of C$36.63. The business has a fifty day moving average price of C$31.03 and a 200-day moving average price of C$28.96.

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.