Canaccord downgrades Bird Construction stock to Hold at CAD 83.00

Published on 10/15/2026 at 22:11 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bird Construction stock has results on November 11, 2026. It costs EUR 48.52 on October 15, 2026, down 4.11 percent on TSX versus its prior close.

Analyst rating and reporting date

Canaccord downgraded Bird Construction to Hold at CAD 83.00 on October 15, 2026.
Bird Construction will release third-quarter 2026 results on November 11, 2026.
Bird Construction stock costs EUR 48.52 at Lang & Schwarz on October 15, 2026 at 10:08 p.m. CEST, while TSX shares fell 4.11 percent versus the prior close.
Bird Construction had a CAD 4.3 billion market capitalization on October 15, 2026.

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Canaccord Genuity downgraded Bird Construction from Buy to Hold and kept its CAD 83.00 price target in a report released on October 15, 2026, according to MarketBeat. The target stands 7.55 percent above Bird Construction's TSX price of CAD 77.17.

Bird Construction's next scheduled report is the second key date for shareholders. The company said it will publish third-quarter 2026 results after the market closes on November 11, 2026, followed by a conference call on November 12, 2026, according to Markets Insider.

Price position and trading range

At Lang & Schwarz, Bird Construction stood at EUR 48.52 on October 15, 2026 at 10:08 p.m. CEST. On the TSX, the stock closed at CAD 77.17 at 4:00 p.m. ET, down 4.11 percent from the prior close of CAD 80.48. The euro quote and the Canadian closing price are separate venue observations.

The TSX range was CAD 23.56 to CAD 86.50 over the 52 weeks through October 15, 2026. The stock therefore remained CAD 9.33 below its yearly high. Trading volume reached 518,827 shares against an average of 372,695 shares.

Valuation and company scale

Bird Construction's market capitalization was CAD 4.3 billion on October 15, 2026, while its price-to-earnings ratio was 71.45. The company's investor materials reported fiscal-year 2025 revenue of CAD 3.4 billion, net income of CAD 47 million and backlog of CAD 5.1 billion as of December 31, 2025, according to Bird Construction.

Comparison with peers

Bird Construction (TSX, CAD): minus 4.11 percent, P/E 71.45, market capitalization CAD 4.3 billion
Aecon Group (TSX, CAD): minus 1.69 percent, P/E minus 53.93, market capitalization CAD 3.5 billion
WSP Global (TSX, CAD): plus 2.38 percent, P/E 23.61, market capitalization CAD 22.3 billion

What comes next

The November 11 results will provide the next reported comparison for revenue and earnings after the fiscal-year 2025 figures. The current valuation also leaves the CAD 83.00 Canaccord target 7.55 percent above the TSX closing price.

Trading snapshot

Bird Construction's euro quotation was EUR 48.52 at Lang & Schwarz on October 15, 2026 at 10:08 p.m. CEST. The stock's TSX close was CAD 77.17 on the same date, with a daily decline of 4.11 percent versus CAD 80.48.

The further course of trading is shown by the continuously updated real-time quote of Bird Construction stock.