Canaccord downgrades Bird Construction stock with CAD 83.00 target

Published on 10/20/2026 at 18:55 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Bird reported CAD 1.04 billion revenue in its latest quarter. Bird Construction stock costs EUR 46.73 on October 20, 2026 at 6:46 p.m. CEST.

Analyst view and trading levels

Canaccord Genuity downgraded Bird Construction to Hold and set a CAD 83.00 target on October 15, 2026.
Bird reported CAD 1.04 billion in quarterly revenue and CAD 0.70 quarterly earnings per share.
Bird Construction stock costs EUR 46.73 at Lang & Schwarz on October 20, 2026 at 6:46 p.m. CEST.
Bird is scheduled to release third-quarter 2026 results on November 11, 2026.

BDT, CA09076P1045, Illustration mit AI erstellt.

Bird Construction stock (ISIN CA09076P1045) is trading at EUR 46.73 at Lang & Schwarz on October 20, 2026 at 6:46 p.m. CEST. The latest analyst action was a downgrade by Canaccord Genuity to Hold with a CAD 83.00 price target on October 15, 2026, according to MarketBeat.

Canaccord changes the balance

Canaccord moved its rating from Buy to Hold while assigning the CAD 83.00 target. MarketBeat also reported that eight analysts rated Bird Construction Buy and one rated it Hold on October 15, 2026, with a CAD 75.60 average target.

The target sits above the October 20 TSX price of CAD 73.71, but the rating change adds a more cautious counterpoint to the broader analyst view. The TSX quote was down 3.51 percent from CAD 76.39 at the prior close, based on the October 20, 2026 trading session.

Revenue and earnings remain material

MarketBeat reported quarterly revenue of CAD 1.04 billion and earnings per share of CAD 0.70 for Bird Construction. The same report gave a 1.63 percent net margin and a 13.41 percent return on equity for that quarter.

Bird's investor-relations page lists fiscal-year 2025 revenue of CAD 3.40 billion, adjusted EBITDA of CAD 222.00 million and adjusted earnings of CAD 108.00 million. It also lists a CAD 5.10 billion backlog as of December 31, 2025, according to Bird Construction.

Trading range and valuation

Bird's TSX 52-week range is CAD 23.56 to CAD 86.50, placing the October 20 price 14.79 percent below the high and 213.02 percent above the low. The company had a market capitalization of CAD 4.10 billion and a price-to-earnings ratio of 68.38 on October 20, 2026.

Aecon Group traded at CAD 49.91 on the TSX, down 1.36 percent, with a market capitalization of CAD 3.40 billion and a negative price-to-earnings ratio of 52.54. WSP Global traded at CAD 166.69 on the TSX, up 1.27 percent, with a market capitalization of CAD 22.50 billion and a price-to-earnings ratio of 23.78.

Results date gives the next marker

Bird Construction plans to release its third-quarter 2026 results after the market close on November 11, 2026. The conference call is scheduled for November 12, 2026 at 10:00 a.m. ET, as reported by Yahoo Finance.

For investors, the contrast is clear: quarterly revenue reached CAD 1.04 billion, while the latest rating action lowered the immediate conviction to Hold. On October 20, 2026 at 6:46 p.m. CEST, the stock was trading at EUR 46.73 at Lang & Schwarz.

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