Raymond James Financial Has Lowered Expectations for Northland Power (TSE:NPI) Stock Price

Northland Power (TSE:NPI) had its target price dropped by Raymond James Financial from C$29.00 to C$28.00 in a report issued on Friday,BayStreet.CA reports. The firm currently has an “outperform” rating on the solar energy provider’s stock. Raymond James Financial’s target price points to a potential upside of 27.62% from the company’s current price. Raymond James Financial also issued estimates for Northland Power’s Q3 2025 earnings at $0.21 EPS, Q4 2026 earnings at $0.59 EPS and FY2026 earnings at $2.00 EPS.

A number of other research analysts have also recently commented on the company. Cormark cut Northland Power from a “moderate buy” rating to a “hold” rating in a report on Thursday, May 15th. CIBC boosted their target price on shares of Northland Power from C$28.00 to C$29.00 in a report on Monday, July 21st. National Bank Financial raised shares of Northland Power to a “strong-buy” rating in a research note on Sunday, June 8th. Finally, Scotiabank upgraded shares of Northland Power from a “sector perform” rating to an “outperform” rating and boosted their price target for the stock from C$25.00 to C$26.00 in a research note on Thursday, May 22nd. One equities research analyst has rated the stock with a hold rating, four have issued a buy rating and one has issued a strong buy rating to the company. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of C$27.08.

Northland Power Price Performance

TSE:NPI opened at C$21.94 on Friday. The stock has a market cap of C$5.76 billion, a PE ratio of -40.19, a P/E/G ratio of 0.71 and a beta of 0.47. The company has a quick ratio of 1.23, a current ratio of 1.17 and a debt-to-equity ratio of 181.28. The business’s 50-day simple moving average is C$22.27 and its two-hundred day simple moving average is C$20.11. Northland Power has a 52 week low of C$16.14 and a 52 week high of C$23.85.

Northland Power Company Profile

Northland Power develops, constructs, and operates maintainable infrastructure assets across a range of clean and green technologies, such as wind (offshore and onshore), solar, and supplying energy through a regulated utility. Offshore wind is expected to remain the company’s largest segment over the long term.