Anaergia reports after the market closes on November 10. One analyst expects earnings of C$0.02 per share, while two analysts forecast revenue of C$66.7 million. The company has beaten earnings estimates in two of its last four reported quarters.
Anaergia Inc. (TSX: ANRG) will report results for the quarter ended September 30, 2026. Investors will be watching to see whether revenue growth and recent operational progress are translating into earnings. Anaergia develops projects that turn organic waste into renewable energy and related products.
Recent earnings trend
Anaergia Inc
ANRG.TO
ANRG.TO
Anaergia Inc
WealthAwesomeMarket cap
$305.24M
P/E
22.1x
52W high
$3.51
52W low
$1.67
1W change
-7.81%
Beta
2.12
Analyst Price Targets
Based on analyst covering ANRG · as of Sep 17, 2026
Wall Street analysts forecast ANRG stock price to rise 196.6% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$5.16
+196.6% Upside
Current Price
C$1.74
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 ANRG's historical volatility
30-Day Vol
49.5%
Annualized
90-Day Vol
52.2%
Annualized
Trend (90d)
-50.0%
Annualized drift
90d Mean
C$1.46
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$1.64 | C$1.38 – C$1.94 |
| 60 trading days | C$1.54 | C$1.21 – C$1.97 |
| 90 trading days | C$1.46 | C$1.08 – C$1.96 |
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.
Beat estimates in 2 of the last 4 comparable quarter(s).
| Fiscal period | Report date | Actual EPS | Estimate | Surprise |
|---|---|---|---|---|
| 2026-09-30 | 2026-11-10 | — | 0.0300 | — |
| 2026-06-30 | 2026-08-10 | 0.0022 | 0.0100 | -78.0% |
| 2026-03-31 | 2026-05-12 | -0.0107 | 0.0100 | -207.0% |
| 2025-12-31 | 2026-03-26 | 0.0800 | 0.0100 | +700.0% |
| 2025-09-30 | 2025-11-11 | 0.0100 | -0.0400 | +125.0% |
| 2025-06-30 | 2025-08-12 | -0.0400 | -0.0500 | +20.0% |
Investor takeaway: This report will show how well Anaergia is executing, rather than simply repeat its recent earnings pattern. The company missed EPS estimates in its two latest quarters: it reported C$0.0022 against C$0.01 for the quarter ended June 30, and a loss of C$0.0107 against an estimate of C$0.01 for the quarter ended March 31. With just one analyst behind the current EPS estimate, C$0.02 is a limited benchmark. Investors will also compare revenue with the C$66.7 million consensus and look for signs that growth is supporting profitability.
C$0.02 EPS consensus
One analyst expects EPS of C$0.02 for the quarter ended September 30. Anaergia beat estimates in two of its last four reported quarters, but missed in its two most recent ones. With so few estimates, the consensus offers a reference point, not a broad view of market expectations.
Bull case
The optimistic case is that Anaergia turns project activity into higher revenue and earnings. Analysts expect revenue to grow 29.9%. In an August update, the company reported Q2 revenue growth of 98% year over year, positive adjusted EBITDA for a fourth straight quarter, and a revenue backlog of C$274.9 million.
A September agreement for an agricultural-waste-to-energy project in Hungary, along with a reported agreement to sell two facilities, could affect the project pipeline and balance sheet. The available information doesn’t establish how either deal will affect this quarter’s results. If revenue growth continues and operations remain strong, the report could show that the business is making progress.
Bear case
The cautious view is that project timing and limited analyst coverage make the headline estimates an uncertain guide. Anaergia missed EPS estimates in its two latest quarters. Its shares closed at C$1.74, below the 50-day average of C$2.33 and the 200-day average of C$2.53. The stock was also down 20.98% over the past month.
Revenue growth alone won’t answer whether the business is improving if margins, cash generation, or project delivery disappoint. The available information doesn’t include forecasts for those measures. Investors should weigh reported results separately from expectations for future projects.
Best next step
Keep exploring this topic
If you want to go deeper, these are the most useful follow-up pages and tools for this topic.
Broker comparison
Best trading platforms in Canada
Compare $0-commission brokers before you act on a ticker story.
Safe cash
Best GIC rates in Canada
If the story makes you want to de-risk, compare guaranteed rates next.
HISA roundup
Best high-interest savings accounts
Keep dry powder in a no-fee savings account instead of chequing.
TFSA room
Check TFSA contribution room
Shelter the next contribution before you buy.
Wealth Awesome
Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.
View Full Profile →✅ Reviewed by Certified Financial Professionals
This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.
Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.
⚠️ Professional Disclaimer
This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.
