As Boralex prepares for its upcoming earnings report, investors are eager to see if the company can turn around its recent performance.
Boralex Inc (BLX.TO) is set to report its earnings on August 7, 2026, before the market opens. With a consensus EPS estimate of $0.26, the renewable energy producer faces the challenge of improving its financial trajectory after a series of disappointing results in previous quarters.
Recent earnings trend
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Boralex Inc
BLX.TO
BLX.TO
Boralex Inc
WealthAwesomeMarket cap
$3.81B
Div. yield
1.78%
Div. / share
$0.66
52W high
$37.18
52W low
$23.23
1W change
-0.16%
Beta
-0.03
Analyst Price Targets
Based on analyst covering BLX
Wall Street analysts forecast BLX stock price to rise 0.5% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$37.25
+0.5% Upside
Current Price
C$37.06
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on BLX's historical volatility
30-Day Vol
2.1%
Annualized
90-Day Vol
3.1%
Annualized
Trend (90d)
+3.3%
Annualized drift
90d Mean
C$37.50
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$37.21 | C$36.94 – C$37.48 |
| 60 trading days | C$37.35 | C$36.97 – C$37.74 |
| 90 trading days | C$37.50 | C$37.03 – C$37.97 |
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.
Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-07 | — | 0.2600 | — |
| 2026-03-31 | 2026-05-14 | -0.0800 | 0.5800 | -113.8% |
| 2025-12-31 | 2026-02-27 | 0.1300 | 0.5700 | -77.2% |
| 2025-09-30 | 2025-11-07 | -0.2600 | -0.2000 | -30.0% |
| 2025-06-30 | 2025-08-08 | -0.0900 | 0.0700 | -228.6% |
| 2025-03-31 | 2025-05-14 | 0.2900 | 0.3700 | -21.6% |
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Investor takeaway: Investors should closely monitor Boralex's upcoming earnings report for signs of recovery, especially since the company has not met earnings expectations in recent quarters. The growth in operating income and new project developments could indicate a positive shift in performance.
EPS Estimate of $0.26 Indicates Potential for Recovery
Boralex's EPS estimate for the upcoming quarter shows a significant growth of 376.1% compared to the year-ago EPS of -0.09, but the company has struggled to meet expectations historically.
Bull case
Boralex has shown potential for growth, reporting a 12% increase in production and $92 million in operating income for Q1 2026. The company is also involved in significant battery storage projects, which positions it well in the expanding renewable energy sector.
Bear case
Despite its growth initiatives, Boralex has consistently missed earnings estimates in the past four quarters. This raises concerns about its ability to manage costs and achieve profitability. The recent EPS of -0.31 and a profit margin of -3.56% highlight these ongoing challenges.
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