goeasy Ltd.

TSX:GSY Stock Report

Market Cap: CA$644.7m

goeasy Future Growth

Future criteria checks 5/6

goeasy is forecast to grow earnings and revenue by 118% and 44.9% per annum respectively while EPS is expected to grow by 138.3% per annum.

Key information

118.0%

Earnings growth rate

138.30%

EPS growth rate

Consumer Finance earnings growth19.3%
Revenue growth rate44.9%
Future return on equityn/a
Analyst coverage

Good

Last updated14 May 2026

Recent future growth updates

Recent updates

Narrative Update • May 14

GSY: Future Credit Stabilization And Deleveraging Plans Will Drive Upside Potential

Analysts have sharply reduced the average price target on goeasy, setting a range of CA$36 to CA$85. This reflects renewed concerns about higher credit losses, underwriting quality, funding access, and the need for deleveraging following the recent financial update.
Narrative Update • Apr 27

GSY: Credit Losses And Funding Actions Will Shape Future Returns

Analysts have reduced the fair value estimate for goeasy to CA$33.00 from CA$44.00. This change reflects a broad reset in price targets following recent credit loss updates and concerns related to charge-offs, funding, and earnings visibility.
Narrative Update • Apr 13

GSY: Credit And Funding Execution Will Drive Prospects For Future Repricing

Analysts have cut the average fair value estimate for goeasy to roughly CA$74 from about CA$275. This reflects a wave of sharply lower price targets and more cautious views on credit losses, funding and earnings visibility.
Narrative Update • Mar 30

GSY: Credit Discipline And Deleveraging Will Support Renewed Upward Momentum

Analysts have sharply reduced the fair value estimate for goeasy to CA$80.30 from CA$194.40, reflecting revised assumptions for slower revenue growth, thinner profit margins, and a higher future P/E multiple following a series of target cuts and downgrades across the Street. Analyst Commentary The recent reset in fair value and price targets comes alongside a wave of revisions across the Street, with both bullish analysts and bearish analysts reassessing what investors should pay for goeasy given updated credit and growth expectations.
Narrative Update • Mar 16

GSY: Charge Off Reset And Share Buybacks Will Shape Future Returns

The analyst fair value estimate for goeasy has been revised sharply lower to CA$44 from CA$135. This change reflects a series of reduced Street price targets and more cautious views as analysts factor in higher charge-offs, questions around underwriting and funding, and the need to rebuild investor confidence.
Narrative Update • Mar 02

GSY: Credit Discipline And Share Buybacks Will Support Renewed Upward Momentum

Analysts now see goeasy's fair value at CA$194.40, down from CA$203.40, reflecting recent price target cuts and a more cautious stance highlighted in the latest Street research. Analyst Commentary Recent Street research points to a more cautious tone on goeasy, with both target price cuts and a downgrade signaling a reset in expectations rather than a wholesale shift in the long term story.
Narrative Update • Feb 16

GSY: Share Buybacks And Leadership Transition Will Shape Returns Under Cautious Market Views

Analysts have trimmed their fair value estimate on goeasy to CA$135.00 from CA$153.00, reflecting recent target cuts and more cautious views on growth, profitability and future P/E assumptions following the latest Street research. Analyst Commentary Recent research points to a more cautious tone around goeasy, with the lower fair value estimate aligning with bearish analysts who have adjusted their targets and recommendations.
Narrative Update • Feb 02

GSY: Share Buybacks And Leadership Transition Will Support Future Repricing

Narrative Update: goeasy Analyst Price Target Shift Analysts have reduced their average price targets on goeasy by C$15 to C$156, reflecting a more cautious stance on the shares while broadly maintaining existing ratings. Analyst Commentary Recent research on goeasy reflects a more cautious overall stance, but there are still constructive elements in how some bullish analysts frame the story around valuation, execution and potential growth.
Narrative Update • Jan 19

GSY: Share Buybacks Will Support Returns Despite Lower Street Expectations

goeasy's analyst price target has been revised from C$171 to C$153 as analysts adjust their outlook, referencing recent target reductions from C$194 to C$156 and from C$265 to C$245, along with updated assumptions for revenue growth, profit margins, discount rate and future P/E. Analyst Commentary Recent research updates point to a more cautious tone around goeasy, with price targets reset lower even as existing ratings remain unchanged.
Narrative Update • Jan 05

GSY: Credit Resilience And Buybacks Will Support Renewed Upward Momentum

Analysts have trimmed their average price targets for goeasy, with recent revisions ranging from C$245 to C$156. This reflects updated views on the company’s risk profile and earnings visibility, while leaving core valuation drivers such as fair value, discount rate, growth, margins, and future P/E essentially unchanged.
Narrative Update • Dec 19

GSY: Revenue And Margin Resilience Will Offset Short-Seller Pressure

Analysts have trimmed their price target on goeasy to C$275 from about C$292, reflecting slightly lower valuation multiples, even as they highlight improving revenue growth and profit margin expectations. Analyst Commentary Recent Street research on goeasy reflects a mixed but generally supportive stance, as analysts adjust price targets to reflect updated valuation frameworks while maintaining confidence in the company’s execution and growth prospects.
Narrative Update • Dec 05

GSY: Credit Performance Resilience Will Support Renewed Upward Momentum

Analysts have modestly trimmed their price target on goeasy, reflecting a fair value reduction of about C$5.50 per share. This change factors in slightly higher discount rates and a marginally lower future price to earnings multiple, while growth and profitability expectations remain largely intact.
Narrative Update • Nov 21

GSY: Projected Credit Loss Unwinding Will Support Renewed Upward Momentum

Analysts have lowered their price targets on goeasy, with recent adjustments reflecting a decrease from previous estimates, such as from C$194 to C$156 and C$265 to C$245. These changes cite modest downward revisions to growth and profitability assumptions in their updated outlooks.
Narrative Update • Nov 07

GSY: Projected Credit Loss Resolutions Will Drive Positive Momentum Ahead

Analysts have lowered their price target for goeasy from approximately $240 to $223, citing updated valuation inputs and market assessment in line with recent research. Analyst Commentary Bullish Takeaways Bullish analysts continue to express confidence in goeasy's growth prospects and maintain positive ratings despite the reduction in target price.
Analysis Article • Nov 05

Market Still Lacking Some Conviction On goeasy Ltd. (TSE:GSY)

goeasy Ltd.'s ( TSE:GSY ) price-to-earnings (or "P/E") ratio of 9.4x might make it look like a buy right now compared...
Narrative Update • Aug 08

Digital Origination And Secured Lending Will Unlock New Markets

goeasy’s consensus price target has increased, primarily reflecting a modest rise in its projected future P/E ratio while profit margins remain stable, resulting in a revised fair value of CA$240.33. Valuation Changes Summary of Valuation Changes for goeasy The Consensus Analyst Price Target has risen slightly from CA$232.11 to CA$240.33.
Analysis Article • Jun 19

goeasy Ltd. (TSE:GSY) Screens Well But There Might Be A Catch

When close to half the companies in Canada have price-to-earnings ratios (or "P/E's") above 16x, you may consider...
Analysis Article • Mar 04

goeasy (TSE:GSY) Is Paying Out A Larger Dividend Than Last Year

goeasy Ltd. ( TSE:GSY ) will increase its dividend from last year's comparable payment on the 11th of April to CA$1.46...
Analysis Article • Feb 18

goeasy (TSE:GSY) Has Announced That It Will Be Increasing Its Dividend To CA$1.46

goeasy Ltd.'s ( TSE:GSY ) dividend will be increasing from last year's payment of the same period to CA$1.46 on 11th of...
Analysis Article • Jan 21

Should You Be Adding goeasy (TSE:GSY) To Your Watchlist Today?

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
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New Narrative • Jan 16

Expansion Into Secured Lending May Improve Credit Mix And Lower Risk

Strong loan portfolio growth and secured lending expansion improve market share and credit mix, driving future revenue and margin growth.
Analysis Article • Nov 14

goeasy Ltd.'s (TSE:GSY) Share Price Is Matching Sentiment Around Its Earnings

With a price-to-earnings (or "P/E") ratio of 10.4x goeasy Ltd. ( TSE:GSY ) may be sending bullish signals at the...

Earnings and Revenue Growth Forecasts

TSX:GSY - Analysts future estimates and past financials data (CAD Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
12/31/20281,736125N/A-1641
12/31/20271,61256N/A11710
12/31/20261,591-109N/A56310
3/31/2026376-270-577-552N/A
12/31/2025506-178-877-855N/A
9/30/2025787213-697-674N/A
6/30/2025784265-630-609N/A
3/31/2025785244-542-524N/A
12/31/2024788264-492-473N/A
9/30/2024804284-598-582N/A
6/30/2024794265-568-549N/A
3/31/2024767255-508-489N/A
12/31/2023746248-491-473N/A
9/30/2023710202-503-483N/A
6/30/2023680183-531-510N/A
3/31/2023659166-560-536N/A
12/31/2022637140-534-506N/A
9/30/2022627162-470-440N/A
6/30/2022619178-357-328N/A
3/31/2022594159-225-196N/A
12/31/2021567245-106-79N/A
9/30/2021538244-54-28N/A
6/30/2021507213-27-1N/A
3/31/202148522782109N/A
12/31/20204621374674N/A
9/30/2020444942044N/A
6/30/202042081-36-13N/A
3/31/202040668-168-149N/A
12/31/201939464N/A-156N/A
9/30/201937874N/A-166N/A
6/30/201936468N/A-146N/A
3/31/201935160N/A-174N/A
12/31/201834053N/A-212N/A
9/30/201832943N/A-186N/A
6/30/201832340N/A-185N/A
3/31/201831237N/A-128N/A
12/31/201730536N/A-89N/A
9/30/201729539N/A-96N/A
6/30/201728632N/A-66N/A
3/31/201728334N/A-39N/A
12/31/201627431N/A-23N/A
9/30/201626930N/A12N/A
6/30/201626432N/A-4N/A
3/31/201625326N/A-11N/A
12/31/201524724N/A-19N/A
9/30/201524323N/A-24N/A
6/30/201523521N/A-20N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: GSY is forecast to become profitable over the next 3 years, which is considered faster growth than the savings rate (3%).

Earnings vs Market: GSY is forecast to become profitable over the next 3 years, which is considered above average market growth.

High Growth Earnings: GSY is expected to become profitable in the next 3 years.

Revenue vs Market: GSY's revenue (44.9% per year) is forecast to grow faster than the Canadian market (4.9% per year).

High Growth Revenue: GSY's revenue (44.9% per year) is forecast to grow faster than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: Insufficient data to determine if GSY's Return on Equity is forecast to be high in 3 years time

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/31 14:00
End of Day Share Price 2026/05/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

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Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

goeasy Ltd. is covered by 13 analysts. 10 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Jeffrey FenwickATB Cormark
Doug CooperBeacon Securities Limited
Etienne RicardBMO Capital Markets Equity Research