
A significant earnings miss raises questions about Sylogist's future performance.
Sylogist Ltd. (SYZ.TO) reported its Q2 fiscal 2026 results on August 11, 2026, revealing an earnings miss of 600% compared to analyst estimates. The company's EPS came in at -$0.10 against an expected $0.02, continuing a disappointing trend from recent quarters.
Recent earnings trend
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Sylogist Ltd.
SYZ.TO
SYZ.TO
Sylogist Ltd.
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Market cap
$79.52M
52W high
$8.44
52W low
$3.02
1W change
-0.60%
Beta
0.63
Analyst Price Targets
Based on analyst covering SYZ
Wall Street analysts forecast SYZ stock price to rise 47.8% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$4.94
+47.8% Upside
Current Price
C$3.34
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 SYZ's historical volatility
30-Day Vol
34.5%
Annualized
90-Day Vol
59.9%
Annualized
Trend (90d)
+2.5%
Annualized drift
90d Mean
C$3.37
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$3.35 | C$2.97 โ C$3.77 |
| 60 trading days | C$3.36 | C$2.84 โ C$3.98 |
| 90 trading days | C$3.37 | C$2.74 โ C$4.14 |
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: 1 analyst(s) cover this name; upcoming EPS consensus is available.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-05 | โ | 0.0300 | โ |
| 2026-06-30 | 2026-08-11 | -0.1000 | 0.0200 | -600.0% |
| 2026-03-31 | 2026-05-12 | -0.1800 | 0.0200 | -1000.0% |
| 2025-12-31 | 2026-03-19 | -0.0400 | -0.0200 | -100.0% |
| 2025-09-30 | 2025-11-06 | -0.0300 | 0.1000 | -130.0% |
| 2025-06-30 | 2025-08-14 | -0.0700 | 0.0800 | -187.5% |
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Investor takeaway: Investors should be cautious as Sylogist's recurring revenue growth is overshadowed by declining project services and hardware revenue. The company's efforts to improve execution and customer experience may take time to show results.
EPS Missed Estimates by 600%: -$0.10 vs. $0.02
This marks the fourth consecutive quarter where Sylogist has failed to meet EPS expectations. A history of negative surprises indicates ongoing operational challenges.
Bull case
Sylogist's SaaS revenue showed resilience with a 5% year-over-year increase, and annual recurring revenue (ARR) rose 6% to C$33.5 million. The company is focused on enhancing its product portfolio and customer experience, which could lead to long-term growth.
Bear case
The company has not beaten earnings estimates in the last four quarters, and total revenue declined by 6% in this latest report. The significant drop in project services revenue and pressure on profitability raise concerns about Sylogist's operational efficiency.
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