Update shared on 09 Nov 2025
Fair value Increased 1.74%Analysts have raised their price target for Bird Construction from C$35.94 to C$36.56. They cite updated forecasts for revenue growth and continued sector optimism, following recent target increases across the Street.
Analyst Commentary
Recent analyst research has highlighted both strengths and potential risks in Bird Construction’s business outlook. While the majority of commentary has been positive, there are areas attracting closer scrutiny.
Bullish Takeaways- Bullish analysts have continued to raise their price targets for Bird Construction. This reflects confidence in the company’s growth potential and sector positioning.
- Consistent “Buy” and “Outperform” ratings underscore belief in management’s ability to execute on project pipelines and to capture additional market share.
- Increased revenue forecasts and sector optimism support the view that Bird Construction’s fundamentals remain solid, particularly amid strong demand in construction and infrastructure.
- Several upward revisions of targets in recent research cycles indicate that analysts see room for further appreciation in valuation as the company delivers on its strategic initiatives.
- Some bearish analysts have trimmed their price targets in previous periods, citing potential risks to execution and the possibility of slower-than-expected earnings growth.
- There is cautious commentary about valuation expansion, especially after the recent share price rally. Concerns have been raised that current prices may already reflect much of the good news.
- Analysts warn that any delays or cost overruns in key projects could impede margin expansion going forward.
What's in the News
- Bird Construction entered into a Development Phase Agreement with Infrastructure Ontario and William Osler Health System for the Peel Memorial Hospital Phase 2 Redevelopment project. This agreement initiates the project's design and planning under a progressive design-build model. (Key Developments)
- The company was previously selected as the Preferred Proponent for the Peel Memorial Hospital Phase 2 Redevelopment. This marks a significant step forward in its healthcare infrastructure portfolio. (Key Developments)
- Bird Construction has been identified by Infrastructure Ontario as the Preferred Proponent to design and build a major hospital project in Ontario. Further contract details are anticipated. (Key Developments)
Valuation Changes
- Fair Value: The consensus analyst price target has risen slightly from CA$35.94 to CA$36.56.
- Discount Rate: The discount rate used in valuation has increased modestly from 7.77% to 8.03%.
- Revenue Growth: Projected annual revenue growth has edged up from 11.27% to 11.43%.
- Net Profit Margin: The estimated net profit margin has decreased slightly from 5.24% to 5.12%.
- Future P/E: The company’s future price-to-earnings ratio has risen from 10.07x to 10.52x.
Disclaimer
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