National Bank raises target for Hammond Power Solutions stock to CAD 380.00
Published on 10/20/2026 at 19:02 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- National Bank Financial raised its Hammond Power Solutions target to CAD 380.00 from CAD 355.00 on October 13, 2026.
- Second-quarter 2026 revenue reached CAD 324.80 million, up 45.00 percent year over year.
- Hammond Power Solutions stock costs EUR 144.50 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST.
- Third-quarter results are scheduled for October 29, 2026.
National Bank Financial raised its price target for Hammond Power Solutions from CAD 355.00 to CAD 380.00 in a report dated October 13, 2026, while maintaining an outperform rating, MarketBeat reported. Hammond Power Solutions stock was priced at EUR 144.50 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST.
Revenue growth meets a margin test
Hammond Power Solutions reported second-quarter 2026 revenue of CAD 324.80 million on July 30, 2026, up 45.00 percent from the year-earlier quarter. Quarterly earnings per share were CAD 2.76, according to MarketBeat.
The operating picture is mixed across measures. Simply Wall St listed a second-quarter 2026 adjusted earnings per share figure of CAD 2.76 and said the backlog was 96.90 percent higher than a year earlier, while its report also noted lower reported profit margins, Simply Wall St wrote.
Price position and scheduled results
Hammond Power Solutions traded at CAD 227.36 on the Toronto Stock Exchange at 5:00 p.m. UTC on October 20, 2026. The same quote showed a 52-week range of CAD 132.49 to CAD 365.12, a market capitalization of CAD 2.7 billion and a price-to-earnings ratio of 44.24.
Third-quarter results are scheduled for October 29, 2026, with the release listed after the market close by RTTNews. The date gives investors a near-term test for whether the strong second-quarter revenue pace is translating into earnings power.
Comparison with peers
Hammond Power Solutions: minus 5.09 percent, P/E 44.24, market capitalization CAD 2.7 billion on October 20, 2026. Hammond Manufacturing: plus 2.28 percent, P/E 16.36, market capitalization CAD 300.4 million on October 20, 2026. Mattr: minus 1.98 percent, P/E 47.10, market capitalization CAD 1.3 billion on October 20, 2026.
Target and results set the next markers
National Bank Financial's CAD 380.00 target is 67.08 percent above the Toronto Stock Exchange price of CAD 227.36 on October 20, 2026. The next company-specific date is October 29, 2026, when Hammond Power Solutions is scheduled to report third-quarter results.
Hammond Power Solutions was trading at EUR 144.50 at Lang & Schwarz on October 20, 2026 at 6:58 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Hammond Power Solutions stock.
Hammond Power Solutions market facts
- Company: Hammond Power Solutions Inc.
- ISIN: CA4085491039
- Ticker: HPS.A.TO
- Primary exchange: Toronto Stock Exchange
- Price Lang & Schwarz (as of October 20, 2026, 6:58 p.m. CEST): EUR 144.50
- Market capitalization: CAD 2.7 billion (as of October 20, 2026)
- 52-week range: CAD 132.49-365.12 (as of October 20, 2026)
- Sector / Industry: Industrials / Electrical Equipment and Parts
- Index membership: S&P/TSX Composite
- Next earnings date: October 29, 2026
Market context: Market report S&P/TSX Composite.
