Boralex Inc's stock has remained stable amid significant corporate developments.
This week, Boralex Inc (BLX.TO) has seen no significant price changes, maintaining its last close at C$37.24. The stock has shown a year-to-date increase of 42.25%, reflecting investor interest in the utilities sector, particularly in renewable energy.
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Boralex Inc
BLX.TO
BLX.TO
Boralex Inc
WealthAwesomeMarket cap
$3.83B
Div. yield
1.77%
Div. / share
$0.66
52W high
$37.25
52W low
$23.23
1W change
+0.00%
Beta
-0.03
Analyst Price Targets
Based on analyst covering BLX
Wall Street analysts forecast BLX stock price to rise 0.0% over the next 12 months.
Consensus
NeutralBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$37.25
+0.0% Upside
Current Price
C$37.24
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 BLX's historical volatility
30-Day Vol
1.8%
Annualized
90-Day Vol
3.0%
Annualized
Trend (90d)
+4.3%
Annualized drift
90d Mean
C$37.82
Expected price
| Horizon | Expected | 68% Range (1ฯ) |
|---|---|---|
| 30 trading days | C$37.43 | C$37.20 โ C$37.67 |
| 60 trading days | C$37.62 | C$37.29 โ C$37.96 |
| 90 trading days | C$37.82 | C$37.41 โ C$38.23 |
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.
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Investor takeaway: With the completion of its acquisition by Brookfield and La Caisse, Boralex is now positioned to leverage new resources and support for its renewable energy projects. Investors should monitor how this acquisition impacts future growth and operational strategies.
Boralex's stock remains stable at C$37.24 amid acquisition developments.
The stock has traded within a 52-week range of C$23.23 to C$37.25, indicating strong performance over the past year.
Bull case
The acquisition by Brookfield and La Caisse could give Boralex stronger financial backing and strategic direction, helping it expand its renewable energy projects.
Bear case
Boralex's negative profit margin and recent acquisition may create uncertainty about its operational independence and future profitability.
Recent Price Action
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Boralex Inc (BLX.TO) has seen no significant movement in its stock price this week, closing at C$37.24. The stock has remained stable with a slight increase of 0.03% over the past month and an impressive year-to-date gain of 42.25%. This stability comes amid the backdrop of its recent acquisition by Brookfield and La Caisse.
Corporate Developments
Boralex's acquisition by Brookfield and La Caisse has been a focal point, with the completion of the deal announced on August 14, 2026. Shareholders received C$37.25 per share in cash, a significant premium that reflects the value placed on Boralex's renewable energy assets. Regulatory approvals were confirmed on August 7, 2026, indicating a smooth transition into this new phase for the company.
Technical Picture
From a technical perspective, Boralex's stock is currently trading just above its 50-day moving average of C$37.01, which is a positive sign for short-term momentum. The stock has a 200-day moving average of C$31.66, showing a strong upward trend with a 17.6% increase compared to the current price. The 52-week range of C$23.23 to C$37.25 indicates that the stock has effectively utilized its full range, with a beta of -0.03 suggesting lower volatility compared to the market.
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