Evertz Technologies Limited has seen a notable decline in its stock performance this week, despite announcing strong financial results earlier this month.
This week, Evertz Technologies Limited (ET.TO) faced a 3.29% drop in stock price, closing at C$12.20. The decline comes amid significant revenue announcements, yet market sentiment appears cautious.
Investor takeaway: Evertz reported record revenues, but the stock's recent performance suggests that investors may be weighing the company's future growth potential against current market conditions.
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Evertz Technologies Limited
ET.TO
ET.TO
Evertz Technologies Limited
WealthAwesomeMarket cap
$912.40M
P/E
15.4x
Div. yield
6.80%
Div. / share
$0.82
52W high
$20.91
52W low
$10.63
1W change
-3.29%
Beta
0.70
Analyst Price Targets
Based on analyst covering ET · as of Sep 21, 2026
Wall Street analysts forecast ET stock price to rise 33.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$16.13
+33.8% Upside
Previously C$16.38 on Sep 17, 2026
Current Price
C$12.05
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on ET's historical volatility
30-Day Vol
44.6%
Annualized
90-Day Vol
42.8%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$10.08
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$11.35 | C$9.73 – C$13.24 |
| 60 trading days | C$10.70 | C$8.60 – C$13.30 |
| 90 trading days | C$10.08 | C$7.72 – C$13.16 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Evertz Technologies Reports Record Annual Revenues Exceeding $515.8 Million
The company’s fiscal year 2026 results revealed an 8% increase in recurring revenue streams, highlighting its strong market position in the Information Technology sector.
Bull case
Evertz has shown consistent revenue growth, reporting record revenues for the fiscal year and strong quarterly performances. This trend indicates a solid business model and potential for future growth.
Bear case
Despite these strong revenue figures, the stock has underperformed this year, raising concerns among investors about the sustainability of growth in light of broader market challenges.
Current Price Action
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Evertz Technologies Limited's stock closed at C$12.20, reflecting a 3.29% decline over the week. The stock has experienced a more significant downturn of 21.70% over the past month and is down 13.56% year-to-date.
Recent Company News
Evertz Technologies recently announced its fiscal year 2026 results, reporting record annual revenues exceeding $515.8 million. This includes an 8% increase in recurring software and services revenue, totaling $240.7 million. Additionally, the company achieved record quarterly revenues of $139 million for the third quarter ending January 31, 2026.
Technical Picture
Evertz's stock is currently trading below its 50-day moving average of C$15.20 and its 200-day moving average of C$15.63, indicating a bearish trend. The stock has a beta of 0.70, suggesting lower volatility compared to the market. The 52-week range for ET.TO is C$10.63 to C$20.91, with the current price at approximately 15% of this range. Notably, the trading volume has been higher than average, with the latest volume reported at 79,386 shares, compared to a 20-day average of 70,086 shares.
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