5N Plus reported adjusted third-quarter earnings of C$0.20 per share, beating the C$0.16 estimate by 25%. Revenue was C$136.4 million, and the share price remains well below its 52-week high.
5N Plus Inc. (TSX: VNP) released results after market close on November 2 for the quarter ended September 30, 2026. Adjusted earnings came in at C$0.20 per share, above the C$0.16 estimate. The company also reported C$136.4 million in revenue and net profit of $12.3 million. This marks four straight quarters of EPS beats. The figures provided don’t include year-over-year comparisons for revenue or margins.
Recent earnings trend
5N Plus Inc.
VNP.TO
VNP.TO
5N Plus Inc.
WealthAwesomeMarket cap
$2.35B
P/E
27.5x
52W high
$49.97
52W low
$17.20
1W change
-3.15%
Beta
1.56
Analyst Price Targets
Based on analyst covering VNP · as of Nov 3, 2026
Wall Street analysts forecast VNP stock price to rise 72.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$45.01
+72.1% Upside
Previously C$44.98 on Nov 2, 2026
Current Price
C$26.15
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on VNP's historical volatility
30-Day Vol
59.1%
Annualized
90-Day Vol
59.7%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$21.87
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$24.64 | C$20.09 – C$30.22 |
| 60 trading days | C$23.22 | C$17.40 – C$30.98 |
| 90 trading days | C$21.87 | C$15.36 – C$31.15 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 4 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 4 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-02 | 0.2000 | 0.1600 | +25.0% |
| 2026-06-30 | 2026-08-03 | 0.1700 | 0.1600 | +6.3% |
| 2026-03-31 | 2026-05-06 | 0.1700 | 0.1400 | +21.4% |
| 2025-12-31 | 2026-02-24 | 0.0900 | 0.0800 | +12.5% |
| 2025-09-30 | 2025-11-03 | 0.1800 | 0.1100 | +63.6% |
| 2025-06-30 | 2025-08-04 | 0.1700 | 0.1100 | +54.5% |
Investor takeaway: VNP.TO beat the EPS estimate, and revenue of C$136.4 million topped the pre-report consensus of C$123.04 million. But the share price has weakened, and the statistical forecast is trending down. One strong quarter doesn’t settle the outlook. Canadian investors should distinguish adjusted EPS from the reported $12.3 million profit and consider the company’s operating results alongside its valuation and market risks.
C$0.20 adjusted EPS
Adjusted EPS was 25% above the C$0.16 estimate. 5N Plus also reported quarterly revenue of C$136.4 million and net profit of $12.3 million.
Bull case
5N Plus has beaten EPS estimates in each of its last four comparable quarters. In the latest quarter, adjusted EPS was C$0.20 against an estimate of C$0.16. Revenue of C$136.4 million also topped the $123.04 million consensus. The company makes specialty metal and chemical products and operates in the Materials sector. Analysts’ average price target of C$45.01 is well above the last close of C$26.15.
Bear case
The EPS beat doesn’t remove the uncertainty. Over the 30 days before the report, the EPS consensus was revised down from C$0.18 to C$0.17. It also pointed to a 4.2% year-over-year decline in EPS. VNP closed below its 50-day and 200-day moving averages after falling 21% over the past month. Analyst targets aren’t guarantees, and the Wealth Awesome statistical model forecasts a lower 90-day mean.
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