Northland Power

Grid Storage And Offshore Wind Will Deliver A Brighter Future

AN

AnalystConsensusTarget

AnalystConsensusTarget

Not Invested

Based on Analyst Price Targets

Published

22 Dec 24

Updated

15 Dec 25

Views

671

n/a

n/a

AnalystConsensusTarget's Fair Value

n/a

1Y

-7.1%

7D

-3.0%

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1Y

-7.1%

7D

-3.0%

You can edit this narrative until Dec 16 10:05 AM. Then, changes will post as Updates.

Author's Valuation

CA$22.1523.5% undervalued

AnalystConsensusTarget Fair Value

Shared on 15 Dec 25

Fair value Decreased 0.69%

NPI: Future Returns Will Benefit From Offshore Wind Execution Improvements

Northland Power's analyst fair value estimate has edged down slightly to about C$22.15 from roughly C$22.31, as analysts trim price targets into the C$19 to C$27 range to reflect a slower growth outlook, offshore execution risks, and a modestly higher perceived valuation discount, despite maintained positive ratings from several firms. Analyst Commentary Recent research updates show a gradual reset of expectations for Northland Power, with lower price targets clustering in the high-teens to mid C$20s but with many firms still seeing upside from current levels.

Shared on 29 Nov 25

Fair value Decreased 11%

NPI: Future Returns Will Benefit From Battery Storage Expansion In Poland

Northland Power’s average analyst price target has decreased from approximately C$25.08 to C$22.31. Analysts cite slower growth expectations and increased execution risks in their revised outlook.

Shared on 15 Nov 25

Fair value Decreased 8.68%

NPI: Earnings Growth Will Benefit From Supportive Sector Dynamics Ahead

Northland Power's average analyst price target has decreased by approximately C$2.38 to C$25.08. Analysts cite increased discount rates and greater uncertainty in growth and margins as supporting factors for the revised outlook.

Shared on 01 May 25

Fair value Increased 2.11%

Shared on 23 Apr 25

Fair value Increased 1.48%

Shared on 17 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 09 Apr 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 02 Apr 25

Fair value Decreased 4.71%

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 26 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 19 Mar 25

AnalystConsensusTarget made no meaningful changes to valuation assumptions.

Shared on 12 Mar 25

Fair value Increased 3.41%

AnalystConsensusTarget has increased revenue growth from 3.7% to 9.3%, increased profit margin from 14.2% to 17.3% and decreased future PE multiple from 23.9x to 17.7x.

AnalystConsensusTarget Fair Value

CA$22.15

23.5% undervalued

Future estimation in

Growth p.a.

Growth p.a.

%

Decrease

Increase

Current revenue growth rate

4.60%

Renewable Energy revenue growth rate

0.42%

Risk Level (Discount Rate)

Our default considers factors like the company's size, volatility, profitablity and country of operation.

%

0

Decrease

Increase

Current discount rate

9.22%

Calculation

CA$411.67m

Earnings '28

x

18.38x

PE Ratio '28

=

CA$7.57b

Market Cap '28

CA$7.57b

Market Cap '28

/

263.01m

No. shares '28

=

CA$28.77

Share Price '28

CA$28.77 Share Price '28

Discounted to 2025 @ 9.11% p.a.

=

CA$22.15

Fair Value '25