AKITA Drilling reports after the market closes on November 3, 2026, with results for the quarter ended September 30. One analyst expects earnings of C$0.06 per share and revenue of C$58 million, up 30% from a year earlier. That estimate offers a limited snapshot, not a broad analyst consensus. The supplied data includes no past EPS estimates and actual results to compare, so there’s no track record to show whether AKITA tends to beat or miss forecasts. Follow AKT.TO on the AKITA stock page.
Investor takeaway: The report will show whether Fox Drilling’s six triple rigs are helping lift revenue and whether AKITA is moving toward quarterly profitability. The growth forecast is encouraging, but it comes from just one analyst. AKITA’s latest supplied results showed a Q2 net loss of $5.81 million, while revenue fell 6% year over year to $46.37 million. Trailing EPS was -C$0.14, and the profit margin was -2.80%. Investors will want to see whether revenue improves—and whether that growth leads to better margins. There’s no historical estimate data to support a prediction that AKITA will beat expectations.
Recent earnings trend
Akita Drilling Ltd.
AKT.TO
AKT.TO
Akita Drilling Ltd.
WealthAwesomeMarket cap
$221.36M
52W high
$4.80
52W low
$3.30
1W change
+4.56%
Beta
-0.19
Analyst Price Targets
Based on analyst covering AKT · as of Sep 17, 2026
Wall Street analysts forecast AKT stock price to rise 25.0% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$4.88
+25.0% Upside
Current Price
C$3.90
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 AKT's historical volatility
30-Day Vol
29.8%
Annualized
90-Day Vol
39.7%
Annualized
Trend (90d)
+25.5%
Annualized drift
90d Mean
C$4.27
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$4.02 | C$3.63 – C$4.46 |
| 60 trading days | C$4.14 | C$3.58 – C$4.79 |
| 90 trading days | C$4.27 | C$3.58 – C$5.11 |
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.
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-03 | — | 0.0600 | — |
| 2026-06-30 | 2026-08-04 | -0.1516 | — | — |
| 2026-03-31 | 2026-05-06 | -0.0632 | — | — |
| 2025-12-31 | 2026-03-19 | 0.0300 | — | — |
| 2025-09-30 | 2025-11-04 | 0.0381 | — | — |
| 2025-06-30 | 2025-08-01 | 0.0567 | — | — |
C$0.06 EPS is the consensus for the September quarter
One analyst expects EPS of C$0.06 and revenue of C$58 million, which would represent 30% year-over-year growth. With no comparable historical EPS estimates and results in the supplied data, these figures are a benchmark for the quarter, not evidence that AKITA is likely to beat expectations.
Bull case
The forecast points to a possible increase in activity: revenue is expected to reach C$58 million, up 30% year over year, with EPS of C$0.06. Fox Drilling added six triple rigs, and AKITA has highlighted its integration work and a Canadian well-depth record of 9,605 metres. Paramount’s three-year commitment for 2,700 rig days could also support demand. If the new capacity is in use and utilization meets expectations, the quarter could mark progress toward profitability.
Bear case
Higher revenue doesn’t guarantee stronger earnings. AKITA reported a net loss in its latest supplied quarter, despite revenue of C$46.37 million. The Fox Drilling integration could also bring added costs or operational challenges. Just one analyst supports the September-quarter forecast, and there’s no historical EPS estimate data to assess its reliability. Investors should also watch margins: AKITA’s supplied trailing profit margin is still negative.
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