Analysts Issue Forecasts for TSE:INE Q2 Earnings

Innergex Renewable Energy Inc. (TSE:INE) – Analysts at National Bank Financial issued their Q2 2025 earnings estimates for shares of Innergex Renewable Energy in a report released on Thursday, February 20th. National Bank Financial analyst R. Merer forecasts that the company will post earnings per share of $0.09 for the quarter. The consensus estimate for Innergex Renewable Energy’s current full-year earnings is $0.15 per share. National Bank Financial also issued estimates for Innergex Renewable Energy’s Q3 2025 earnings at $0.05 EPS and Q4 2025 earnings at $0.04 EPS.

Several other equities research analysts have also commented on INE. National Bankshares dropped their price target on Innergex Renewable Energy from C$17.00 to C$16.00 and set an “outperform” rating for the company in a research note on Tuesday, February 11th. Raymond James decreased their target price on Innergex Renewable Energy from C$13.00 to C$11.50 in a report on Monday. Cormark cut their price target on shares of Innergex Renewable Energy from C$10.00 to C$9.50 in a report on Thursday, January 30th. CIBC reduced their price target on shares of Innergex Renewable Energy from C$11.50 to C$11.00 in a research report on Thursday, November 7th. Finally, TD Securities increased their price objective on shares of Innergex Renewable Energy from C$8.00 to C$9.00 and gave the stock a “hold” rating in a research report on Friday, February 21st. Four equities research analysts have rated the stock with a hold rating and three have given a buy rating to the company. According to data from MarketBeat, Innergex Renewable Energy currently has a consensus rating of “Hold” and an average price target of C$11.63.

Innergex Renewable Energy Trading Up 54.8 %

INE stock opened at C$13.48 on Monday. Innergex Renewable Energy has a 52 week low of C$6.98 and a 52 week high of C$13.53. The company has a market cap of C$2.76 billion, a price-to-earnings ratio of -21.62, a PEG ratio of 20.61 and a beta of 0.36. The company has a quick ratio of 0.58, a current ratio of 0.56 and a debt-to-equity ratio of 620.44. The business has a fifty day simple moving average of C$7.90 and a 200-day simple moving average of C$8.82.

Innergex Renewable Energy Company Profile

For over 30 years, Innergex has believed in a world where abundant renewable energy promotes healthier communities and creates shared prosperity, which led to Innergex being recognized as Canada’s best corporate citizens in 2023 by Corporate Knights. As an independent renewable power producer which develops, acquires, owns and operates hydroelectric facilities, wind farms, solar farms and energy storage facilities, Innergex is convinced that generating power from renewable sources will lead the way to a better world.