Brokers Offer Predictions for Boralex Q2 Earnings

Boralex Inc. (TSE:BLX) – Investment analysts at National Bank Financial issued their Q2 2025 earnings estimates for shares of Boralex in a research report issued to clients and investors on Sunday, June 8th. National Bank Financial analyst B. Sidhu forecasts that the company will post earnings of $0.14 per share for the quarter. National Bank Financial has a “Strong-Buy” rating on the stock. The consensus estimate for Boralex’s current full-year earnings is $1.34 per share. National Bank Financial also issued estimates for Boralex’s Q3 2025 earnings at ($0.18) EPS, Q4 2025 earnings at $0.50 EPS, FY2025 earnings at $0.76 EPS and FY2026 earnings at $0.77 EPS.

Several other brokerages have also recently commented on BLX. BMO Capital Markets reduced their price target on Boralex from C$42.00 to C$39.00 in a research report on Thursday, May 22nd. National Bankshares lowered their target price on shares of Boralex from C$43.00 to C$42.00 and set an “outperform” rating on the stock in a report on Thursday, May 22nd. Finally, Raymond James raised shares of Boralex to a “moderate buy” rating in a report on Thursday, May 15th. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and three have issued a strong buy rating to the stock. According to MarketBeat.com, the stock presently has a consensus rating of “Buy” and an average target price of C$39.38.

Boralex Trading Down 0.4%

Shares of TSE BLX opened at C$32.22 on Wednesday. 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 firm has a market capitalization of C$3.35 billion, a P/E ratio of 47.24, a P/E/G ratio of 2.01 and a beta of 0.46. The company’s 50 day simple moving average is C$30.30 and its 200 day simple moving average is C$28.84. Boralex has a fifty-two week low of C$24.40 and a fifty-two week high of C$36.63.

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.