National Bank Financial Predicts Boralex Q2 Earnings

Boralex Inc. (TSE:BLX) – Equities researchers at National Bank Financial issued their Q2 2025 earnings per share (EPS) estimates for shares of Boralex in a research note issued to 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 currently 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.

A number of other analysts have also issued reports on BLX. Raymond James raised Boralex to a “moderate buy” rating in a research report on Thursday, May 15th. 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. Finally, National Bankshares cut 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 research note on Thursday, May 22nd. One research analyst has rated the stock with a hold rating, two have assigned a buy rating and three have given a strong buy rating to the stock. According to MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of C$39.38.

Boralex Stock Down 0.1%

Shares of BLX opened at C$32.20 on Wednesday. The firm has a market cap of C$3.35 billion, a P/E ratio of 47.21, a price-to-earnings-growth 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 company’s 50-day moving average price is C$30.42 and its 200 day moving average price is C$28.86. The company has a current ratio of 0.86, a quick ratio of 1.54 and a debt-to-equity ratio of 233.60.

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.