Free Trial
Your Rate Never Goes Up! Save $100 a Year on MarketBeat All Access
Upgrade Now
Claim MarketBeat All Access Sale Promotion

Tourmaline Oil (TOU) Stock Forecast & Price Target

Tourmaline Oil logo
C$66.05 -0.11 (-0.17%)
As of 10/20/2026 04:00 PM Eastern

Tourmaline Oil - Analysts' Recommendations and Stock Price Forecast (2026)

Consensus Rating

Sell
1
Hold
4
Buy
4

Based on 9 Wall Street analysts who have issued ratings for Tourmaline Oil in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 9 analysts, 1 has given a sell rating, 4 have given a hold rating, 2 have given a buy rating, and 2 have given a strong buy rating for TOU.

Consensus Price Target

C$70.60
6.89% Upside
According to the 9 analysts' twelve-month price targets for Tourmaline Oil, the average price target is C$70.60. The highest price target for TOU is C$75.00, while the lowest price target for TOU is C$66.00. The average price target represents a forecasted upside of 6.89% from the current price of C$66.05.
MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.
Get the Latest News and Ratings for TOU and Related Stocks

Enter your email address to receive the latest news and analysts' ratings for Tourmaline Oil and its competitors.

Sign Up
SMS is currently available in Australia, Belgium, Canada, France, Germany, Ireland, Italy, New Zealand, the Netherlands, Singapore, South Africa, Spain, Switzerland, the United Kingdom, and the United States. By entering your phone number and clicking the sign-up button, you agree to receive periodic text messages from MarketBeat at the phone number you submitted, including texts that may be sent using an automatic telephone dialing system. Message and data rates may apply. Message frequency will vary. Messages will consist of stock alerts, news stories, and partner advertisements/offers. Consent is not a condition of the purchase of any goods or services. Text HELP for help/customer support. Unsubscribe at any time by replying "STOP" to any text message that you receive from MarketBeat or by visiting our mailing preferences page. Read our full terms of service and privacy policy.

TOU Analyst Ratings Over Time

TypeCurrent Forecast
10/21/25 to 10/21/26
1 Month Ago
9/21/25 to 9/21/26
3 Months Ago
7/23/25 to 7/23/26
1 Year Ago
10/21/24 to 10/21/25
Strong Buy
2 Strong Buy rating(s)
3 Strong Buy rating(s)
3 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
2 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
3 Buy rating(s)
Hold
4 Hold rating(s)
5 Hold rating(s)
6 Hold rating(s)
3 Hold rating(s)
Sell
1 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetC$70.60C$70.36C$70.00C$73.70
Forecasted Upside6.89% Upside17.61% Upside7.87% Upside20.88% Upside
Consensus RatingModerate BuyModerate BuyModerate BuyModerate Buy

TOU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
Skip Chart & View Analyst Rating History

TOU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
Skip Chart and View Analyst Price Target HistorySkip Chart & View Price History Table

Tourmaline Oil Stock vs. The Competition

TypeTourmaline OilEnergy Companies
Consensus Rating Score
2.56
2.45
Consensus RatingModerate BuyHold
News Sentiment Rating
Neutral News

See Recent TOU News
Positive News
Report Date
0 Results
DateBrokerageAnalystActionRatingPrice TargetReport Date
Upside/Downside
Details
10/1/2026 DowngradeStrong-Buy ➝ Strong Sell
7/24/2026 Boost TargetC$72.00 ➝ C$74.00+12.84%
7/22/2026
TD logo
TD
Not Rated
 Boost TargetHoldC$65.00 ➝ C$66.00+1.88%
7/17/2026 Set TargetHoldC$68.00+9.50%
6/26/2026 UpgradeStrong-Buy
5/7/2026 DowngradeOutperform ➝ Market PerformC$67.00 ➝ C$70.00+9.34%
5/7/2026 DowngradeBuy ➝ HoldC$70.00+9.34%
3/6/2026 Lower TargetOutperformC$76.00 ➝ C$72.00+13.71%
3/6/2026 Lower TargetOutperformC$74.00 ➝ C$73.00+15.29%
3/5/2026 Boost TargetC$69.00 ➝ C$72.00+15.90%
Buffett's Final Warning: "The Dollar Is Going to Hell" (Ad)

On May 3rd, 2025, Warren Buffett looked at his shareholders for the last time and said: "The dollar is going to hell." Ray Dalio agrees. The founder of Bridgewater Associates ($150 billion AUM) calls it a "debt death spiral." But there's a specific asset class and investment system that actually thrives when the dollar collapses.tc pixel

Watch how to protect yourself from what Dalio and Buffett see coming (free training).
1/13/2026 Lower TargetC$71.00 ➝ C$66.00+10.79%
10/27/2025 UpgradeStrong-Buy
9/30/2025 DowngradeBuy ➝ HoldC$73.00 ➝ C$68.00+12.96%
4/17/2025 Lower TargetC$74.00 ➝ C$71.00+13.24%
3/7/2025UpgradeHold ➝ Moderate Buy
12/19/2024 Boost TargetOutperformC$72.50 ➝ C$75.00+23.74%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 05:36 AM ET.


Should I Buy Tourmaline Oil Stock? TOU Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Sunday, October 18, 2026. Please send any questions or comments about these Tourmaline Oil pros and cons to contact@marketbeat.com.

Tourmaline Oil
Bull Case

green Wall Street bull icon

Here are some ways that investors could benefit from investing in Tourmaline Oil Corp.:

  • The stock is currently trading at $66.17, which is below the consensus price target of C$70.36 set by analysts who maintain a Moderate Buy rating, suggesting potential for price appreciation as the market aligns with these forecasts.
  • Tourmaline Oil Corp. recently completed a CAD 330.6 million secondary offering and has announced plans for share buybacks, a corporate action that typically signals management confidence in the company's value and can support the stock price by reducing the number of shares outstanding.
  • Insider activity has been notably positive, with insider Mike Rose purchasing 5,000 shares at an average price of C$62.06 on October 6, 2026, following a series of consistent purchases throughout the second half of 2026, which often indicates that company insiders believe the stock is undervalued.
  • The company offers a dividend yield of 3.25%, providing a steady income stream for investors, which is particularly attractive given Tourmaline Oil Corp.'s status as an investment grade exploration and production company focused on predictable operating performance.
  • Tourmaline Oil Corp. recently crossed above its 200-day moving average, a technical indicator that often signals a shift to a bullish trend and can attract momentum-based investors to the stock.

Tourmaline Oil
Bear Case

red Wall Street bear icon

Investors should be bearish about investing in Tourmaline Oil Corp. for these reasons:

  • The Goldman Sachs Group recently downgraded Tourmaline Oil Corp. from a strong-buy rating to a strong sell rating in October 2026, a significant negative signal that may reflect concerns about the company's future performance or valuation.
  • The company has a high debt-to-equity ratio of 8.24, indicating a significant level of leverage that could increase financial risk, especially if interest rates rise or commodity prices fall, potentially impacting the company's ability to service its debt.
  • Tourmaline Oil Corp. has a relatively low current ratio of 0.72 and a quick ratio of 0.47, suggesting that the company may face challenges in meeting its short-term financial obligations, which could be a concern for risk-averse investors.
  • The stock has a beta of -0.27, which is unusual and may indicate that the stock does not move in correlation with the broader market, potentially making it difficult for investors to predict its performance based on general market trends.
  • The company's P/E ratio of 71.92 is significantly higher than the industry average, which could suggest that the stock is overvalued relative to its earnings, posing a risk of price correction if earnings do not grow to justify the high valuation.

TOU Forecast - Frequently Asked Questions

According to the research reports of 9 Wall Street equities research analysts, the average twelve-month stock price forecast for Tourmaline Oil is C$70.60, with a high forecast of C$75.00 and a low forecast of C$66.00.

9 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Tourmaline Oil in the last year. There is currently 1 sell rating, 4 hold ratings, 2 buy ratings and 2 strong buy ratings for the stock. The consensus among Wall Street research analysts is that investors should "moderate buy" TOU shares.

According to analysts, Tourmaline Oil's stock has a predicted upside of 6.89% based on their 12-month stock forecasts.

Over the previous 90 days, Tourmaline Oil's stock had 1 downgrade by analysts.

Tourmaline Oil has been rated by research analysts at Jefferies Financial Group, and The Goldman Sachs Group in the past 90 days.

Analysts like Tourmaline Oil more than other "energy" companies. The consensus rating for Tourmaline Oil is Moderate Buy while the average consensus rating for "energy" companies is Hold. Learn more on how TOU compares to other companies.


MarketBeat monitors more than a dozen sources for Tourmaline Oil analyst ratings, with the most recent rating issued on 10/1/2026.
From Our Partners