C$50.72
0.43% yesterday
Toronto, Dec 03, 10:00 pm CET
ISIN
CA87262K1057
Symbol
X

TMX Group Target price 2025 - Analyst rating & recommendation

TMX Group Classifications & Recommendation:

Buy
79%
Hold
21%

TMX Group Price Target

Target Price C$62.22
Price C$50.72
Potential
Number of Estimates 10
10 Analysts have issued a price target TMX Group 2026 . The average TMX Group target price is C$62.22. This is higher than the current stock price. The highest price target is , the lowest is .
A rating was issued by 14 analysts: 11 Analysts recommend TMX Group to buy, 3 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 TMX Group stock has an average upside potential 2026 of . Most analysts recommend the TMX Group stock at Purchase.

Sales and Margin forecast 2025, 2026 & 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '24 2025
Estimates
Revenue Billion C$ 2.97 1.73
2.56% 41.90%
EBITDA Margin 27.18% 53.75%
19.79% 97.77%
Net Margin 16.20% 33.72%
31.87% 108.17%

10 Analysts have issued a sales forecast TMX Group 2025 . The average TMX Group sales estimate is

C$1.7b
Unlock
. This is
39.95% lower
Unlock
than the revenue of the last 12 months(TTM). The highest sales forecast is
C$1.8b 37.72%
Unlock
, the lowest is
C$1.6b 42.84%
Unlock
.

This results in the following potential growth metrics:

Revenue Estimates

2024 C$3.0b 2.56%
2025
C$1.7b 41.90%
Unlock
2026
C$1.9b 7.53%
Unlock
2027
C$2.0b 6.41%
Unlock

9 Analysts have issued an TMX Group EBITDA forecast 2025. The average TMX Group EBITDA estimate is

C$928m
Unlock
. This is
0.66% higher
Unlock
than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
C$991m 7.43%
Unlock
, the lowest is
C$861m 6.59%
Unlock
.

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

EBITDA Estimates

2024 C$808m 22.86%
2025
C$928m 14.91%
Unlock
2026
C$1.0b 9.66%
Unlock
2027
C$1.1b 6.48%
Unlock

EBITDA Margin

2024 27.18% 19.79%
2025
53.75% 97.77%
Unlock
2026
54.82% 1.99%
Unlock
2027
54.86% 0.07%
Unlock

10 TMX Group Analysts have issued a net profit forecast 2025. The average TMX Group net profit estimate is

C$582m
Unlock
. This is
26.65% higher
Unlock
than the net profit for the last 12 months(TTM). The highest net profit forecast is
C$610m 32.76%
Unlock
, the lowest is
C$548m 19.16%
Unlock
.

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

Net Profit Estimates

2024 C$482m 35.25%
2025
C$582m 20.94%
Unlock
2026
C$642m 10.17%
Unlock
2027
C$712m 10.93%
Unlock

Net Margin

2024 16.20% 31.87%
2025
33.72% 108.17%
Unlock
2026
34.55% 2.46%
Unlock
2027
36.02% 4.25%
Unlock

Earnings per share, P/E ratio and EV/sales Estimates 2025, 2026 & 2027

Create a premium account to unlock analyst estimates. Learn more

Quarter Annually
Dec '24 2025
Estimates
Earnings Per Share C$ 1.73 2.09
35.16% 20.81%
P/E 24.23
EV/Sales 9.18

10 Analysts have issued a TMX Group forecast for earnings per share. The average TMX Group EPS is

C$2.09
Unlock
. This is
26.67% higher
Unlock
than earnings per share in the financial year 2024. The highest EPS forecast is
C$2.19 32.73%
Unlock
, the lowest is
C$1.97 19.39%
Unlock
.

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

Earnings Per Share

2024 C$1.73 35.16%
2025
C$2.09 20.81%
Unlock
2026
C$2.31 10.53%
Unlock
2027
C$2.56 10.82%
Unlock

P/E ratio

Current 30.74 1.38%
2025
24.23 21.18%
Unlock
2026
21.99 9.24%
Unlock
2027
19.82 9.87%
Unlock

Based on analysts' sales estimates for 2025, the TMX Group 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 5.51 19.78%
2025
9.18 66.66%
Unlock
2026
8.54 7.00%
Unlock
2027
8.03 6.02%
Unlock

P/S ratio

Current 4.96 23.67%
2025
8.26 66.53%
Unlock
2026
7.68 7.00%
Unlock
2027
7.22 6.02%
Unlock

Current TMX Group Upgrades & Downgrades

Create a Premium account to unlock Upgrades/Downgrades. Learn more
Analyst Rating Action Date
RAYMOND JAMES LTD.
Locked
Locked
Locked Sep 12 2025
CANACCORD GENUITY
Locked
Locked
Locked Aug 13 2025
TD COWEN
Locked
Locked
Locked Aug 04 2025
TD COWEN
Locked
Locked
Locked Jul 15 2025
CANACCORD GENUITY
Locked
Locked
Locked Jul 14 2025
TD COWEN
Locked
Locked
Locked Jul 14 2025
CANACCORD GENUITY
Locked
Locked
Locked Jul 13 2025
Analyst Rating Date
Locked
RAYMOND JAMES LTD.:
Locked
Locked
Sep 12 2025
Locked
CANACCORD GENUITY:
Locked
Locked
Aug 13 2025
Locked
TD COWEN:
Locked
Locked
Aug 04 2025
Locked
TD COWEN:
Locked
Locked
Jul 15 2025
Locked
CANACCORD GENUITY:
Locked
Locked
Jul 14 2025
Locked
TD COWEN:
Locked
Locked
Jul 14 2025
Locked
CANACCORD GENUITY:
Locked
Locked
Jul 13 2025

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