CAD8.65
3.97% yesterday
Toronto, Nov 25, 10:00 pm CET
ISIN
CA45790B1040
Symbol
INE
Sector

Innergex Renewable Energy Target price 2024 - Analyst rating & recommendation

Innergex Renewable Energy Classifications & Recommendation:

Buy
50%
Hold
50%

Innergex Renewable Energy Price Target

Target Price CAD11.90
Price CAD8.65
Potential
Number of Estimates 10
10 Analysts have issued a price target Innergex Renewable Energy 2025 . The average Innergex Renewable Energy target price is CAD11.90. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 10 analysts: 5 Analysts recommend Innergex Renewable Energy to buy, 5 to hold and 0 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Innergex Renewable Energy stock has an average upside potential 2025 of . Most analysts recommend the Innergex Renewable Energy stock at Buy or hold.

Sales and Margin forecast 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Revenue Billion CAD 1.04 1.05
19.65% 1.20%
EBITDA Margin 68.39% 69.22%
1.79% 1.21%
Net Margin -9.95% -2.27%
0.88% 77.18%

7 Analysts have issued a sales forecast Innergex Renewable Energy 2024 . The average Innergex Renewable Energy sales estimate is

CAD1.1b
Unlock
. This is
3.07% higher
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
CAD1.1b 8.17%
Unlock
, the lowest is
CAD1.0b 0.72%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2023 CAD1.0b 19.65%
2024
CAD1.1b 1.20%
Unlock
2025
CAD1.2b 13.32%
Unlock
2026
CAD1.2b 3.13%
Unlock

10 Analysts have issued an Innergex Renewable Energy EBITDA forecast 2024. The average Innergex Renewable Energy EBITDA estimate is

CAD730m
Unlock
. This is
7.43% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
CAD751m 10.59%
Unlock
, the lowest is
CAD676m 0.40%
Unlock
.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 CAD712m 21.79%
2024
CAD730m 2.41%
Unlock
2025
CAD847m 16.11%
Unlock
2026
CAD851m 0.47%
Unlock
2027
CAD890m 4.57%
Unlock
2028
CAD917m 3.03%
Unlock

EBITDA Margin

2023 68.39% 1.79%
2024
69.22% 1.21%
Unlock
2025
70.92% 2.46%
Unlock
2026
73.56% 3.72%
Unlock

4 Innergex Renewable Energy Analysts have issued a net profit forecast 2024. The average Innergex Renewable Energy net profit estimate is

CAD-23.9m
Unlock
. This is
81.93% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
CAD18.3m 113.85%
Unlock
, the lowest is
CAD-69.1m 47.70%
Unlock
.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 CAD-104m 18.60%
2024
CAD-23.9m 76.97%
Unlock
2025
CAD5.1m 121.28%
Unlock
2026
CAD-24.4m 579.92%
Unlock

Net Margin

2023 -9.95% 0.88%
2024
-2.27% 77.18%
Unlock
2025
0.43% 118.94%
Unlock
2026
-2.11% 590.70%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 to 2028

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share CAD -0.51 -0.12
18.60% 76.47%
P/E negative
EV/Sales 8.02

4 Analysts have issued a Innergex Renewable Energy forecast for earnings per share. The average Innergex Renewable Energy <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

CAD-0.12
Unlock
. This is
81.54% higher
Unlock
than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
CAD0.09 113.85%
Unlock
, the lowest is
CAD-0.34 47.69%
Unlock
.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 CAD-0.51 18.60%
2024
CAD-0.12 76.47%
Unlock
2025
CAD0.03 125.00%
Unlock
2026
CAD-0.12 500.00%
Unlock

P/E ratio

Current -13.27 75.63%
2024
-73.62 454.79%
Unlock
2025
346.00 569.98%
Unlock
2026
-72.08 120.83%
Unlock

Based on analysts' sales estimates for 2024, the Innergex Renewable Energy stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 8.26 1.90%
2024
8.02 2.95%
Unlock
2025
7.07 11.76%
Unlock
2026
7.30 3.23%
Unlock

P/S ratio

Current 1.72 14.59%
2024
1.67 2.97%
Unlock
2025
1.47 11.76%
Unlock
2026
1.52 3.23%
Unlock

Register for Free

StocksGuide is the ultimate tool for easily finding, analyzing and tracking stocks. Learn from successful investors and make informed investment decisions. We empower you to become a confident, independent investor.

The Apple stock at a glance with charts, current key metrics, news and stock analyses.
The Best Dividend Stocks in the Dividend Top Scorer list.
Stock Analyses of the Best Stocks Worldwide.
Start building wealth today