Boralex stock | 2026 earnings growth & current analysis

Boralex

TSX:BLX

C$ 36,65

C$-0,03 (-0,08%)

36,65 C$

C$-0,03 (-0,08%)

End-of-day quote: 04/09/2026

Boralex Stock Value

Analysts currently rate Boralex as Hold.

Hold

Boralex Company Info

EPS Growth 5Y

12,21%

Market Cap

C$3,77 B

Long-Term Debt

C$4,09 B

Short Interest

8,67%

Quarterly earnings

05/14/2026 (E)

Dividend

C$0,66

Dividend Yield

1,80%

Founded

1982

Industry

Utilities

Country

Canada

ISIN Number

CA09950M3003

Website

http://www.boralex.com

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

C$37,13

1.31%

Last Update: 04/09/2026

Analysts: 8

Highest Price Target C$38,00

Average Price Target C$37,13

Lowest Price Target C$31,00

In the last five quarters, Boralex’s Price Target has fallen from C$45,23 to C$38,55 - a -14,77% decrease. 0 analysts predict that Boralex’s share price will increase in the coming year, reaching C$37,13. This would represent an increase of 1,31%.

Top growth stocks in the utilities sector (5Y.)

What does Boralex do?

Boralex Inc. is dedicated to renewable energy production, prominently focusing on operational efficiencies through a vast array of power generation facilities across various segments. The company operates primarily in the development, construction, and operation of renewable energy power facilities predominantly involving wind, hydroelectric, and solar energy solutions. This robust operational foundation allows the company to align with contemporary energy trends, contributing to both economic...

Boralex Inc. is dedicated to renewable energy production, prominently focusing on operational efficiencies through a vast array of power generation facilities across various segments.

The company operates primarily in the development, construction, and operation of renewable energy power facilities predominantly involving wind, hydroelectric, and solar energy solutions. This robust operational foundation allows the company to align with contemporary energy trends, contributing to both economic growth and environmental sustainability.

Business Segments

The company operates through distinct geographical segments that effectively delineate its regional focus and operational expertise. Following a change in management strategy, the company transitioned from a technology-based approach to a geographical management model encompassing two primary business units: North America and Europe.

In North America, the company primarily capitalizes on wind energy, accounting for a significant portion of its operational output. The region has experienced fluctuations in energy sales revenues, reflective of implementation efficiency and market conditions. Despite challenges, the North America segment generated robust revenues, attributed to the company's strategic asset management and the optimization of its existing facilities.

Conversely, the European segment has demonstrated notable growth, led by the increasing demand for renewable energy and government incentives favoring sustainability. The significant uptick in energy sales in Europe has positioned the company strategically within this market, allowing it to capture lucrative contracts and expand its operational footprint.

Business Strategy

The company's business strategy is predicated on sustained growth within the renewable energy sector, focusing primarily on wind, hydroelectric, and solar power generation. The company aims to extend its market presence by capitalizing on its established operational assets while proactively pursuing new opportunities for expansion. Strategic partnerships and collaborations form an integral part of this approach, enabling the company to leverage complementary strengths and access new markets.

The company actively seeks to enhance its portfolio through horizon scanning for acquisition or partnership opportunities that align with its operational ethos and sustainability goals. By fostering relationships with local governments, stakeholders, and industry players, the company can position itself strategically to navigate regulatory landscapes while capturing market demand.

Investment in research and development is fundamental to the company's strategy, allowing the company to innovate and implement advanced technologies to enhance operational efficiencies. The focus on sustainable practices reinforces its commitment to environmental responsibility, driving the company's initiatives to improve production processes and reduce carbon footprints.

Products and Services

The company provides a robust suite of products and services centered around renewable energy generation. The company specializes in operating diverse facilities, primarily in wind, hydroelectric, and solar power generation.

In the wind energy sector, the company manages numerous wind farms equipped with cutting-edge technology that enhances energy production efficiency. The company is committed to operational excellence, investing in ongoing maintenance and upgrades to ensure optimal performance. The scale and geographical diversity of its wind farms contribute significantly to its energy output.

The company's hydroelectric power generation services emphasize the utilization of waterways to produce clean energy. These establishments harness the natural flow of water, ensuring minimal environmental disruption while providing a reliable power source. The company's hydroelectric portfolio includes multiple facilities that operate with high levels of efficiency and sustainability.

Furthermore, the company’s solar energy initiatives focus on harnessing solar power. The organization is strategically positioned to expand its solar operations as demand for clean energy escalates. This sector represents an emerging opportunity for the company to diversify its energy generation capabilities, which complements its existing portfolio.

The company is also involved in the development of new projects within the renewable energy landscape, conducting feasibility studies and planning phases to enhance its market offerings continuously. The emphasis on sustainability and customer-centric solutions underpins the company’s commitment to providing innovative energy solutions tailored to meet the needs of its diverse clientele.

Geographical Markets Served

The company has strategically positioned itself across various geographical markets with significant operations in Canada, the United States, France, and the United Kingdom. This geographic spread allows the company to leverage regional energy demands and regulatory environments.

The Canadian market remains vital for the company, serving as a foundational base for its operations. The company actively the company in developing and managing renewable energy facilities that align with national sustainability goals. In the United States, the company capitalizes on favorable market conditions, focusing on wind energy generation, contributing to its overall revenue stream.

In Europe, the company's presence is most significant in France, where the company observes substantial growth in energy sales and market penetration. The favorable government policies supporting renewable energy in the region propel the company's operational strategies and align with regional sustainability initiatives.

Seasonality

The company experiences certain seasonal impacts related to the nature of its energy production facilities. Wind energy generation can exhibit variability in production levels due to changing weather patterns. The company takes proactive steps to manage these fluctuations through enhanced forecasting and operational planning.

Hydroelectric generation can also experience seasonal variation, often influenced by precipitation patterns and water levels in reservoirs. The company strategically manages its hydroelectric facilities to optimize performance during peak operational seasons, ensuring consistent energy delivery despite seasonal variations.

Solar energy production is inherently seasonal, typically peaking in summer months when sunlight availability is maximized. The company’s diversification across various energy sources mitigates the risks associated with seasonality, ensuring stable overall revenue generation throughout the year.

Customers

The company serves a diverse customer base characterized by various segments. The corporation’s customers predominantly include governmental entities, large corporations, and other energy providers who rely on renewable energy solutions. The company’s operational segments, primarily wind, hydroelectric, and solar, allow for a broad range of energy offerings that cater to specific customer needs.

In recent evaluations, the company identified several major customers that individually represent substantial portions of its revenues. The customer base includes numerous multinational corporations and local government entities committed to sustainable energy sourcing. By sustaining strong relationships with these key customers, the company can ensure a reliable and consistent energy supply that meets energy consumption requirements.

Modes of Sales and Marketing, Distribution Channels

The company utilizes a multi-faceted sales and marketing strategy designed to optimize its outreach and effectiveness within the renewable energy sector. The company employs targeted marketing efforts that highlight its commitment to sustainability while engaging potential customers through various formats, including digital platforms, networking events, and industry conferences.

The distribution channels employed by the company are structured to facilitate reliable energy sales directly aligned with market demand. Relationship-building and customer engagement are essential components of its strategy, enabling the company to maintain strong connections within its operational regions.

The company’s marketing initiatives also pivot towards community engagement, emphasizing the company's dedication to fostering sustainable practices while showcasing the economic benefits of renewable energy. Such strategies create an inclusive dialogue with stakeholders, augmenting the company's brand reputation in the renewable energy space.

History

Boralex Inc. was founded in 1982. The company was incorporated in 1982.

Boralex Questions and Answers

Which sectors generate sales and which are the top 3 markets?

**Industry Revenues:** - **Renewable Energies:** 100% (2026) **TOP 3 Markets:** - **Canada:** approx. 40% - **France:** approx. 35% - **USA:** approx. 25% Boralex Inc. is a company that is fully specialized in the generation of renewable energies. Revenues come exclusively from the production and...

At which locations are the company’s products manufactured?

**Production sites of Boralex Inc.:** Boralex Inc. is a company specializing in the development and operation of renewable energy projects. The main production sites of the company are located in: - **Canada:** Boralex operates numerous wind and hydroelectric power plants in various provinces, esp...

What strategy does Boralex pursue for future growth?

**Renewable Energy Generation:** Focus on Wind and Solar Energy **Geographic Expansion:** Expansion in Europe and North America **Technological Innovation:** Investments in Energy Storage Solutions Boralex Inc. pursues a growth strategy that is heavily focused on renewable energy generation,...

Which raw materials are imported and from which countries?

**Main raw materials:** Wind turbines, solar modules, electrical components **Countries of origin:** Germany, China, USA Boralex Inc. is a company specializing in the production of renewable energies, particularly in the areas of wind and solar energy. For the operation and expansion of their fac...

How strong is the company’s competitive advantage?

**Market Share in Canada:** 20% (estimated, 2026) **Renewable Energy Production:** 3.5 GW (2026) **Installed Capacity Growth Rate:** 10% annually (last 3 years) Boralex Inc. has established itself as one of the leading providers of renewable energy in Canada. With an estimated market share of 2...

What is the share of institutional investors and insider buying/selling?

**Institutional Investor Share:** 65% (estimated for 2026) **Insider Buys/Sells:** No significant changes (estimated for 2026) The institutional investor share in Boralex Inc. is estimated to be around 65%. This demonstrates a strong confidence from institutional investors in the company, indicatin...

What percentage market share does Boralex have?

**Market share of Boralex Inc.:** Estimate 3-4% (2026) **Top competitors and their market shares:** 1. **NextEra Energy Resources:** Estimate 15-18% 2. **Iberdrola Renovables:** Estimate 12-15% 3. **Enel Green Power:** Estimate 10-12% 4. **Orsted:** Estimate 8-10% 5. **EDF Renewables:** Estimate 6-...

Is Boralex stock currently a good investment?

**Revenue Growth:** 8.5% (2025) **EBITDA Growth:** 10.2% (2025) **Return on Invested Capital (ROIC):** 6.8% (2025) Boralex Inc. has experienced solid revenue growth of 8.5% in recent years, attributed to increasing demand for renewable energy and strategic expansion into new markets. The company ha...

Does Boralex pay a dividend – and how reliable is the payout?

**Dividend Yield:** 2.3% (2026, estimated) **Dividend History:** Continuous payout for several years Boralex Inc. pays a dividend, with the current dividend yield at about 2.3%. The company has pursued a continuous dividend policy in recent years, indicating a certain reliability of payouts. The...

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Boralex Stock Value

Boralex Company Info

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Boralex do?

Boralex Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

New support ticket

Explore

Boralex Stock Value

Boralex Company Info

Analyst Price Target The Analyst Price Target shows the analysts’ low, high, and average target at a glance.

Top growth stocks in the utilities sector (5Y.)

What does Boralex do?

Boralex Questions and Answers

Offer & Services

Service & Collaboration

Company & Legal

Analyst Price Target
The Analyst Price Target shows the analysts’ low, high, and average target at a glance.