BMO cuts target to USD 15.43 for North American Construction Group stock

Published on 10/20/2026 at 21:44 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached CAD 400.96 million on June 30, 2026. North American Construction Group stock costs EUR 10.15 on October 20, 2026.

Analyst target and reporting date

BMO Capital Markets cut its target from USD 16.90 to USD 15.43 on October 7, 2026.
Second-quarter revenue reached CAD 400.96 million for the period ended June 30, 2026.
North American Construction Group stock costs EUR 10.15 at Lang & Schwarz on October 20, 2026 at 9:38 p.m. CEST.
MarketBeat estimates the third-quarter earnings date as November 11, 2026.

NOA, CA6568111067, Illustration mit AI erstellt.

North American Construction Group (ISIN CA6568111067) faces a lower BMO Capital Markets target of USD 15.43, down from USD 16.90 in the October 7, 2026 note. Moomoo News reported that analyst John Gibson maintained a Hold rating while cutting the target. North American Construction Group stock was trading at EUR 10.15 at Lang & Schwarz on October 20, 2026 at 9:38 p.m. CEST.

Target cut meets stronger revenue

The target reduction contrasts with the company's latest operating figures. Revenue reached CAD 400.96 million in the second quarter ended June 30, 2026, while net income attributable to common shareholders was CAD 9.38 million and diluted earnings per share were CAD 0.34.

The second-quarter figures came alongside a broader expansion program. In its earnings-call remarks dated August 13, 2026, management described first-half combined revenue above CAD 875 million and raised its 2026 combined revenue guidance to CAD 1.6 billion to CAD 1.8 billion, with a midpoint of CAD 1.7 billion. Yahoo Finance reported that the midpoint was CAD 100 million above the prior midpoint.

Stock remains below its yearly high

The primary-market quote was USD 11.39 on October 20, 2026 at 3:42 p.m. ET, with a 52-week range of USD 10.85 to USD 17.26. The market capitalization was USD 306.5 million, and trading volume stood at 75,550 shares. The current USD quote is 33.98 percent below the 52-week high, calculated from USD 11.39 and USD 17.26.

November date sets the next checkpoint

MarketBeat estimates that North American Construction Group will report third-quarter 2026 results on November 11, 2026, after the market closes, followed by a conference call on November 12, 2026 at 9:00 a.m. ET. Its estimate calls for revenue of USD 286.62 million and earnings per share of USD 0.3673. MarketBeat also notes that the company last reported on August 12, 2026.

What the target means for valuation

At USD 11.39, BMO's USD 15.43 target implies 35.47 percent upside in the same currency. The comparison is more demanding than the revenue trend alone suggests because the target was reduced from USD 16.90, while the company is preparing for its next quarterly update.

Price and reporting date

North American Construction Group stock costs EUR 10.15 at Lang & Schwarz on October 20, 2026 at 9:38 p.m. CEST. The primary-market quote was USD 11.39 on the New York Stock Exchange on October 20, 2026 at 3:42 p.m. ET. The further course of trading is shown by the continuously updated real-time quote of North American Construction Group stock.