Raymond James Financial Predicts Boralex Q4 Earnings

Boralex Inc. (TSE:BLX) – Investment analysts at Raymond James Financial raised their Q4 2025 earnings per share estimates for Boralex in a report released on Wednesday, June 18th. Raymond James Financial analyst D. Magder now expects that the company will post earnings of $0.86 per share for the quarter, up from their previous forecast 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.

BLX has been the topic of several other research reports. BMO Capital Markets dropped their price target on Boralex from C$42.00 to C$39.00 in a report on Thursday, May 22nd. National Bankshares dropped their price target on Boralex from C$43.00 to C$42.00 and set an “outperform” rating on the stock in a report on Thursday, May 22nd. National Bank Financial raised Boralex to a “strong-buy” rating in a report on Sunday, June 8th. Desjardins set a C$45.00 target price on shares of Boralex and gave the company a “top pick” rating in a research note on Wednesday. Finally, TD Securities boosted their target price on shares of Boralex from C$35.00 to C$38.00 and gave the company a “buy” rating in a research note on Wednesday. One research analyst has rated the stock with a hold rating, three have assigned a buy rating and three have assigned a strong buy rating to the company’s stock. According to data from MarketBeat, the stock currently has an average rating of “Buy” and a consensus price target of C$39.11.

Boralex Price Performance

Shares of TSE:BLX opened at C$32.66 on Thursday. The stock has a market cap of C$3.40 billion, a price-to-earnings ratio of 47.88, a PEG 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. The stock’s 50 day moving average price is C$30.87 and its 200 day moving average price is C$28.93. The company has a debt-to-equity ratio of 233.60, a current ratio of 0.86 and a quick ratio of 1.54.

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.