TD Forecasts Strong Price Appreciation for FirstService (NASDAQ:FSV) Stock

FirstService (NASDAQ:FSV) (TSE:FSV) had its price target upped by equities research analysts at TD from $201.00 to $204.00 in a research note issued on Friday,BayStreet.CA reports. The firm currently has a “buy” rating on the financial services provider’s stock. TD’s price objective would indicate a potential upside of 39.36% from the company’s current price.

A number of other research analysts also recently commented on the stock. BMO Capital Markets reissued an “outperform” rating and set a $202.00 target price on shares of FirstService in a research report on Thursday, February 5th. Wall Street Zen downgraded shares of FirstService from a “buy” rating to a “hold” rating in a research report on Saturday, April 18th. TD Securities set a $204.00 price objective on shares of FirstService in a research report on Friday. Weiss Ratings reaffirmed a “hold (c)” rating on shares of FirstService in a research report on Friday, March 27th. Finally, TD Cowen cut their price objective on shares of FirstService from $217.00 to $201.00 and set a “buy” rating on the stock in a research report on Tuesday, April 14th. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and a consensus target price of $205.88.

FirstService Trading Down 1.9%

NASDAQ FSV opened at $146.38 on Friday. The company has a debt-to-equity ratio of 0.79, a quick ratio of 1.73 and a current ratio of 1.73. The company has a market capitalization of $6.73 billion, a price-to-earnings ratio of 41.35, a price-to-earnings-growth ratio of 4.00 and a beta of 1.09. The company’s 50-day simple moving average is $146.56 and its two-hundred day simple moving average is $155.07. FirstService has a one year low of $133.42 and a one year high of $209.66.

FirstService (NASDAQ:FSV) (TSE:FSV) last posted its earnings results on Thursday, April 23rd. The financial services provider reported $0.95 EPS for the quarter, beating analysts’ consensus estimates of $0.89 by $0.06. The business had revenue of $1.30 billion for the quarter, compared to the consensus estimate of $1.29 billion. FirstService had a net margin of 2.92% and a return on equity of 18.27%. The company’s revenue for the quarter was up 5.3% on a year-over-year basis. During the same quarter last year, the firm posted $0.92 EPS. Equities analysts forecast that FirstService will post 5.73 EPS for the current fiscal year.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently modified their holdings of the company. JPL Wealth Management LLC purchased a new position in shares of FirstService in the 3rd quarter worth approximately $26,000. Caitong International Asset Management Co. Ltd grew its position in FirstService by 88.0% during the 4th quarter. Caitong International Asset Management Co. Ltd now owns 173 shares of the financial services provider’s stock worth $27,000 after purchasing an additional 81 shares during the last quarter. Geneos Wealth Management Inc. grew its position in FirstService by 63.7% during the 2nd quarter. Geneos Wealth Management Inc. now owns 203 shares of the financial services provider’s stock worth $35,000 after purchasing an additional 79 shares during the last quarter. Kestra Advisory Services LLC purchased a new stake in FirstService during the 4th quarter worth approximately $34,000. Finally, Strs Ohio purchased a new stake in FirstService during the 1st quarter worth approximately $38,000. Hedge funds and other institutional investors own 69.35% of the company’s stock.

Key FirstService News

Here are the key news stories impacting FirstService this week:

• Positive Sentiment: Q1 results beat expectations — FirstService reported $0.95 EPS (vs. consensus ~ $0.89–$0.90) and $1.30B in revenue, up ~5.3% year‑over‑year. The underlying beat supports the firm’s growth profile and helps justify upside to current levels. FirstService Q1 Results (MarketBeat)
• Positive Sentiment: TD raised its price target to $204 and kept a “buy” rating, implying roughly a 39% upside from the cited current price — a vote of confidence from a major bank that can support the stock on optimism about longer‑term earnings. TD Raises Price Target to $204 (BayStreet.CA)
• Neutral Sentiment: Earnings‑call color: management balanced growth commentary with mention of headwinds, which gives investors more nuance but no clear directional change to guidance — investors will watch for how persistent those headwinds are. Earnings Call Highlights (TipRanks)
• Neutral Sentiment: Full earnings transcript is available for detail — useful for investors who want management’s exact comments on margins, cost dynamics and backlog. Q1 2026 Earnings Transcript (The Motley Fool)
• Negative Sentiment: Scotiabank cut its price target from $205 to $190 (still a “sector outperform”), trimming some analyst enthusiasm and reducing the implied upside — a target cut can pressure sentiment even when the rating remains positive. Scotiabank Lowers Target to $190 (BayStreet.CA)

FirstService Company Profile

FirstService Corporation, founded in 1989 and headquartered in Toronto, Ontario, is a leading provider of property services in North America. The company operates through two principal segments—FirstService Residential and FirstService Brands—offering a broad range of services to residential, commercial and homeowner association clients.

FirstService Residential delivers community management, financial oversight and consulting services to thousands of residential communities across the United States and Canada.