National Bank of Canada (NA) Stock Forecast & Price Target

National Bank of Canada
Bull Case

Here are some ways that investors could benefit from investing in National Bank of Canada:

• The stock is currently trading at $217.91, which is below the consensus price target of C$218.50 and significantly higher than the 52-week low of $144.52, suggesting the market has already priced in a substantial recovery from earlier lows while still offering potential upside relative to the average analyst estimate.
• Recent earnings reports show strong performance, with the most recent quarter ending May 27, 2026, reporting an actual EPS of 3.23 and revenue of 3907, indicating robust profitability and revenue generation that supports the bank's valuation and dividend capacity.
• Several major financial institutions, including Scotiabank and Canadian Imperial Bank of Commerce, have recently raised or maintained high price targets, with Scotiabank setting a target of C$243.00 and CIBC at C$242.00, reflecting institutional confidence in the bank's long-term growth trajectory and market position.
• As one of Canada's six systemically important banks with $618 billion in assets, National Bank of Canada benefits from a diversified business model across Personal and Commercial Banking, Wealth Management, and Financial Markets, providing stability and multiple revenue streams that can mitigate sector-specific risks.
• The company offers a dividend yield of 2.48%, which is attractive for income-focused investors, and the consistent earnings growth seen in recent quarters supports the sustainability of this payout, making it a compelling option for those seeking both capital appreciation and regular income.