Stingray Group Inc. faced a disappointing earnings report, falling short of expectations for the first quarter of fiscal 2027.
Recent earnings trend
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Stingray Group Inc.
RAY.TO
RAY.TO
Stingray Group Inc.
WealthAwesomeMarket cap
$1.09B
Div. yield
0.59%
Div. / share
$0.10
52W high
$17.70
52W low
$9.61
1W change
-2.79%
Beta
0.91
Analyst Price Targets
Based on analyst covering RAY
Wall Street analysts forecast RAY stock price to rise 39.5% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$21.36
+39.5% Upside
Current Price
C$15.31
Last close
Analyst ratings and price targets are updated periodically. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on RAY's historical volatility
30-Day Vol
33.9%
Annualized
90-Day Vol
41.9%
Annualized
Trend (90d)
-45.9%
Annualized drift
90d Mean
C$12.99
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$14.50 | C$12.90 – C$16.29 |
| 60 trading days | C$13.72 | C$11.63 – C$16.19 |
| 90 trading days | C$12.99 | C$10.61 – C$15.91 |
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.
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Analyst coverage: 1 analyst(s) cover this name; upcoming EPS consensus is available.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-06-30 | 2026-08-10 | 0.4000 | 0.4541 | -11.9% |
| 2026-03-31 | 2026-06-09 | 0.3100 | 0.3300 | -6.1% |
| 2025-12-31 | 2026-02-10 | 0.3800 | 0.3700 | +2.7% |
| 2025-09-30 | 2025-11-11 | 0.3200 | 0.3100 | +3.2% |
| 2025-06-30 | 2025-08-05 | 0.3100 | 0.2700 | +14.8% |
| 2025-03-31 | 2025-06-11 | 0.2700 | 0.2415 | +11.8% |
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On August 10, 2026, Stingray Group Inc. (RAY.TO) reported its financial results for the first quarter ended June 30, 2026. The company posted an earnings per share (EPS) of $0.40, missing analysts' estimates of $0.4541 by 11.9%. This shortfall raises concerns about the company’s growth amid a competitive streaming landscape.
Investor takeaway: While Stingray has shown potential in previous quarters, this recent earnings miss may indicate challenges ahead. Investors should keep an eye on the company's strategic moves in its core streaming business to assess future performance.
Earnings Miss by 11.9%
Stingray's EPS of $0.40 fell short of the consensus estimate of $0.4541, marking a significant miss that could affect investor sentiment.
Bull case
Stingray's diverse portfolio and strong digital content offerings position it well for growth in the streaming market. Analysts remain optimistic, with a bullish consensus and a significant upside to price targets, suggesting potential for long-term growth.
Bear case
The earnings miss might point to deeper issues in operations or increased market competition. With a current negative profit margin, investors should be cautious as the company navigates its future.
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