Maxim Power reported quarterly EPS of C$0.02, below the C$0.03 estimate. The miss was small in dollar terms, but reported net income may offer a clearer picture of the quarter—if confirmed in the company’s filings.
Maxim Power Corp. (TSX: MXG) released results after market close on November 5 for the quarter ended September 30, 2026. EPS was C$0.02, compared with the calendar estimate of C$0.03, a 33.3% shortfall. Secondary headlines also report revenue of C$20.4 million and net income of C$1.5 million. These figures have not been verified against the company’s filings. See the MXG stock page for company and market data.
Recent earnings trend
Maxim Power Corp.
MXG.TO
MXG.TO
Maxim Power Corp.
WealthAwesomeMarket cap
$289.39M
P/E
28.5x
52W high
$4.69
52W low
$3.83
1W change
+5.80%
Beta
0.58
Analyst Price Targets
Based on analyst covering MXG · as of Oct 5, 2026
Wall Street analysts forecast MXG stock price to rise 26.1% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.75
+26.1% Upside
Previously C$6.00 on Sep 17, 2026
Current Price
C$4.56
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 MXG's historical volatility
30-Day Vol
23.5%
Annualized
90-Day Vol
19.3%
Annualized
Trend (90d)
+40.6%
Annualized drift
90d Mean
C$5.27
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.79 | C$4.41 – C$5.19 |
| 60 trading days | C$5.02 | C$4.48 – C$5.63 |
| 90 trading days | C$5.27 | C$4.58 – C$6.07 |
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: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 1 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-05 | 0.0200 | 0.0300 | -33.3% |
| 2026-06-30 | 2026-08-06 | -0.0482 | — | — |
| 2026-03-31 | 2026-05-07 | -0.0031 | — | — |
| 2025-12-31 | 2026-03-20 | 0.0381 | — | — |
| 2025-09-30 | 2025-11-06 | 0.1661 | — | — |
| 2025-06-30 | 2025-08-07 | 0.0061 | — | — |
Investor takeaway: The EPS miss is clear, but the estimate came from just one analyst, and no revenue consensus was available. That limits the value of comparing results with expectations. If confirmed in the company’s statements, quarterly net income of C$1.5 million would contrast with the C$3.1 million net loss reported for Q2 in secondary coverage. Investors should also review the underlying operating results and the nine-month figures, which the same coverage describes as a C$1.7 million net loss. With little independent coverage of MXG.TO, company filings are especially important.
C$0.02 EPS versus C$0.03 expected
The 33.3% miss is based on one analyst’s estimate, not a broad market consensus. Supplied data show trailing-twelve-month EPS of C$0.16. The filed quarterly statements will help investors assess how the latest result fits the company’s earnings and cash-flow trends.
Bull case
Secondary coverage describes the quarter as profitable, and the last supplied share price of C$4.56 was above both the 50-day and 200-day moving averages. Available analyst targets also sit above that price. In September, the company received approval for a normal course issuer bid allowing it to repurchase up to 3,173,127 shares, about 5% of shares outstanding as of September 2. The authorization does not mean the company will buy shares.
Bear case
EPS fell short of the estimate, and the reported nine-month net loss suggests pressure continued despite the reported quarterly profit. Maxim’s profit margin is 0.89%, while its P/E is 28.5. That leaves little room for operating setbacks if earnings remain uneven. At the supplied last close of C$4.56, the stock was also near its 52-week high of C$4.69, making valuation and expectations worth watching.
Analysis
Maxim Power reported EPS of C$0.02 for the quarter ended September 30, compared with an estimate of C$0.03. That is a 33.3% negative surprise. The estimate came from one analyst, and the supplied calendar data included no revenue consensus. So the EPS comparison offers only a limited view of expectations, not a broad market verdict.
Secondary web headlines report Q3 revenue of C$20.4 million and net income of C$1.5 million. Those figures are not part of the verified earnings data provided here. Check the company’s unaudited interim statements before relying on them. The same secondary coverage reports a C$1.7 million net loss for the first nine months of 2026. It also describes a C$3.1 million net loss in Q2, making the reported Q3 profit a potentially notable change if confirmed.
The automatically inserted earnings trend table and chart provide historical context. The supplied history shows one beat in the last four reported quarters, though it also includes comparable-quarter data from several years ago. The more relevant question is whether recent operating results can support lasting profitability.
Analysis
The EPS miss is small in absolute terms, but it’s a reason to look beyond the headline number. Supplied data put Maxim’s trailing-twelve-month EPS at C$0.16, its P/E at 28.5 and its profit margin at 0.89%. Earnings are relatively thin compared with the share price, so investors should check the filings for details on generation, operating costs and whether quarterly income can continue.
Market data show a last close of C$4.56, up 11.76% over one month. The price was above the 50-day average of C$4.18 and the 200-day average of C$4.30, but below the 52-week high of C$4.69. These figures describe the share price; they don’t show that the earnings release caused the move. No company news was provided to explain trading that day.
Maxim is authorized to repurchase up to 3,173,127 shares under a normal course issuer bid accepted in September. That represents about 5% of shares outstanding as of September 2, but the authorization is not a commitment to buy shares. For Canadian investors, the next step is to compare the filed statements with the reported headlines and watch whether the company can sustain profitability.
Analysis
Available analyst-target data show an average target of C$5.75, 26.1% above the supplied last close of C$4.56. The displayed outlook is described as bullish because the average target is above the closing price. A formal rating is unavailable for Canadian listings. Given the limited independent coverage of this small-cap stock, treat the target data with caution. See the analyst ratings section for details.
Wealth Awesome’s 90-day statistical model gives a mean forecast of C$5.27, with a 68% range of C$4.58 to C$6.07 and a 95% range of C$3.98 to C$6.98. Its 30-, 60- and 90-day mean forecasts are C$4.79, C$5.02 and C$5.27. These are statistical estimates, not analyst targets or investment advice. The wide ranges reflect the uncertainty. Review the MXG price forecast alongside the company’s filings, and visit the MXG stock page for more data.
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