C$2.02
3.35%
Toronto, Oct 05, 03:11 pm EDT. Closed.
ISIN
CA5889141019
Symbol
MER

Meren Energy Inc Target price 2026 - Analyst rating & recommendation

Meren Energy Inc Classifications & Recommendation

Buy
67%
Hold
33%

Meren Energy Inc Price Target

Target Price C$2.61
Price C$2.09
Potential
Number of Estimates 5
5 Analysts have issued a price target Meren Energy Inc 2027 . The average Meren Energy Inc target price is C$2.61. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 6 analysts: 4 Analysts recommend Meren Energy Inc to buy, 2 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 Meren Energy Inc stock has an average upside potential 2027 of . Most analysts recommend the Meren Energy Inc stock at Purchase.

Sales and Margin forecast 2026, 2027 to 2029

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Select at least one metric to display the chart.


Quarter Annually
Dec '25 2026
Estimates
Revenue Million C$ 800.80 937.39
17.06%
EBITDA Margin 55.84% 68.39%
22.47%
Net Margin -5.62% 7.85%
239.63%

4 Analysts have issued a sales forecast Meren Energy Inc 2026 . The average Meren Energy Inc sales estimate is

C$937m
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. This is
9.54% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
C$1.1b 7.97%
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, the lowest is
C$799m 22.88%
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.

This results in the following potential growth metrics:

Revenue Estimates

2025 C$801m
2026
C$937m 17.06%
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2027
C$960m 2.37%
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2028
C$940m 2.08%
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2029
C$861m 8.33%
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4 Analysts have issued an Meren Energy Inc EBITDA forecast 2026. The average Meren Energy Inc EBITDA estimate is

C$641m
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. This is
12.88% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
C$728m 28.29%
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, the lowest is
C$564m 0.67%
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.

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

EBITDA Estimates

2025 C$447m
2026
C$641m 43.34%
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2027
C$602m 6.06%
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2028
C$614m 2.03%
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2029
C$539m 12.33%
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EBITDA Margin

2025 55.84%
2026
68.39% 22.47%
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2027
62.75% 8.25%
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2028
65.39% 4.21%
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2029
62.54% 4.36%
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6 Meren Energy Inc Analysts have issued a net profit forecast 2026. The average Meren Energy Inc net profit estimate is

C$73.6m
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. This is
153.83% higher
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
C$314m 329.24%
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, the lowest is
C$-97.2m 28.91%
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.

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

Net Profit Estimates

2025 C$-45.0m 88.68%
2026
C$73.6m 263.53%
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2027
C$153m 108.35%
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2028
C$238m 55.39%
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Net Margin

2025 -5.62%
2026
7.85% 239.63%
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2027
15.98% 103.57%
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2028
25.37% 58.76%
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Earnings per share, P/E ratio and EV/sales Estimates 2026, 2027 to 2029

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Select at least one metric to display the chart.


Quarter Annually
Dec '25 2026
Estimates
Earnings Per Share C$ -0.07 0.11
92.05% 257.14%
P/E 19.20
EV/Sales 1.83

6 Analysts have issued a Meren Energy Inc forecast for earnings per share. The average Meren Energy Inc EPS is

C$0.11
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. This is
155.00% higher
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than earnings per share in the financial year 2025. The highest EPS forecast is
C$0.46 330.00%
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, the lowest is
C$-0.14 30.00%
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.

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

Earnings Per Share

2025 C$-0.07 92.05%
2026
C$0.11 257.14%
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2027
C$0.23 109.09%
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2028
C$0.35 52.17%
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P/E ratio

Current -10.45 157.15%
2026
19.20 283.73%
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2027
9.21 52.03%
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2028
5.93 35.61%
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Based on analysts' sales estimates for 2026, the Meren Energy Inc stock is valued at an EV/Sales of

and an P/S ratio of .

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

EV/Sales

Current 1.65
2026
1.83 10.78%
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2027
1.79 2.31%
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2028
1.82 2.13%
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2029
1.99 9.09%
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P/S ratio

Current
2026
1.50 10.54%
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2027
1.47 2.31%
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2028
1.50 2.13%
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2029
1.63 9.09%
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Current Meren Energy Inc Upgrades & Downgrades

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Analyst Rating Action Date
STIFEL NICOLAUS AND COMPANY, INCORPORATED
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Locked Aug 12 2026
SCOTIABANK GBM
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Locked Jun 01 2026
SCOTIABANK GBM
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Locked May 31 2026
STIFEL NICOLAUS AND COMPANY, INCORPORATED
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Locked May 13 2026
STIFEL NICOLAUS AND COMPANY, INCORPORATED
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Locked May 12 2026
SCOTIABANK GBM
Locked
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Locked
Locked Mar 02 2026
STIFEL NICOLAUS AND COMPANY, INCORPORATED
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Locked
Locked Feb 25 2026
Analyst Rating Date
Locked
STIFEL NICOLAUS AND COMPANY, INCORPORATED:
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Aug 12 2026
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SCOTIABANK GBM:
Locked
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Locked
Jun 01 2026
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SCOTIABANK GBM:
Locked
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Locked
May 31 2026
Locked
STIFEL NICOLAUS AND COMPANY, INCORPORATED:
Locked
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Locked
May 13 2026
Locked
STIFEL NICOLAUS AND COMPANY, INCORPORATED:
Locked
➜
Locked
May 12 2026
Locked
SCOTIABANK GBM:
Locked
➜
Locked
Mar 02 2026
Locked
STIFEL NICOLAUS AND COMPANY, INCORPORATED:
Locked
➜
Locked
Feb 25 2026

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