Stantec Inc's latest earnings report shows strong operational performance and a record backlog, boosting investor confidence.
On August 12, 2026, Stantec Inc (STN.TO) reported its second-quarter earnings, surpassing analyst expectations with an adjusted EPS of C$1.61, which is an 18.4% increase from the previous year. The company also achieved significant revenue growth and margin expansion, indicating solid operational execution and a positive outlook for the rest of the fiscal year.
Recent earnings trend
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Stantec Inc
STN.TO
STN.TO
Stantec Inc
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Market cap
$11.49B
P/E
23.1x
Div. yield
0.91%
Div. / share
$0.94
52W high
$159.04
52W low
$93.28
1W change
-0.18%
Beta
0.72
Analyst Price Targets
Based on analyst covering STN
Wall Street analysts forecast STN stock price to rise 37.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$140.55
+37.5% Upside
Current Price
C$102.22
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
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Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on STN's historical volatility
30-Day Vol
27.0%
Annualized
90-Day Vol
31.3%
Annualized
Trend (90d)
-2.5%
Annualized drift
90d Mean
C$101.31
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$101.92 | C$92.84 โ C$111.89 |
| 60 trading days | C$101.61 | C$89.05 โ C$115.95 |
| 90 trading days | C$101.31 | C$86.19 โ C$119.09 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ยฑ1ฯ, 95% band = ยฑ2ฯ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
Analyst coverage: 10 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 3 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-12 | โ | 1.7800 | โ |
| 2026-06-30 | 2026-08-12 | 1.6100 | 1.5800 | +1.9% |
| 2026-03-31 | 2026-05-13 | 1.3300 | 1.2900 | +3.1% |
| 2025-12-31 | 2026-02-25 | 1.2500 | 1.2200 | +2.5% |
| 2025-09-30 | 2025-11-13 | 1.5300 | 1.5300 | +0.0% |
| 2025-06-30 | 2025-08-13 | 1.3600 | 1.3600 | +0.0% |
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Investor takeaway: Stantec's strong earnings performance, along with a record backlog and improving margins, positions the company well for future growth. However, investors should stay cautious about potential risks related to project delays and the company's modest organic growth in Canada.
Bull case
Stantec is in a great position with a record contract backlog of C$9.2 billion and strong growth in global markets. This sets the stage for the company to take advantage of upcoming projects, especially in water and environmental services. Their margin expansion and strategic acquisitions, like the recent purchase of Niche, further enhance their growth potential.
Bear case
Despite the positive earnings report, Stantec faces some challenges. Organic growth in the U.S. has been flat, and performance in Canada is modest. Additionally, project delays and issues with managing working capital could affect future earnings, which makes investors cautious.
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