Stifel cuts target for Stantec stock from CAD 140.00 to CAD 113.00
Published on 10/20/2026 at 13:34 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTargets and operating results
- Stifel lowered its Stantec target from CAD 140.00 to CAD 113.00 on October 9, 2026.
- Second-quarter net revenue increased 11.50 percent to USD 1.80 billion in 2026.
- Stantec stock trades at EUR 61.04 at 1:30 p.m. CEST at Lang & Schwarz on October 20, 2026.
Stantec stock (ISIN CA85472N1096) is priced at EUR 61.04 at Lang & Schwarz on October 20, 2026, while the latest analyst action remains Stifel's target cut to CAD 113.00 from CAD 140.00. According to Markets Insider, the change was dated October 9, 2026, and Stifel retained a Buy rating.
What changed in the targets?
The target reduction gives investors a concrete counterweight to Stantec's operating progress. Stifel's CAD 113.00 target is CAD 27.00 below its previous CAD 140.00 target, while the rating stayed at Buy, according to Markets Insider.
Scotiabank made a separate cut on October 15, 2026, lowering its target to CAD 124.00 from CAD 129.00 while keeping an Outperform rating. Markets Insider carried the analyst update.
Three dates frame the story
On June 17, 2026, Stantec said Gord Johnston would transition to vice chair of the board, according to the company's investor-relations page. On October 9, 2026, Stifel cut its target from CAD 140.00 to CAD 113.00. On October 14, 2026, Stantec's second-quarter update showed net revenue of USD 1.80 billion, up 11.50 percent year over year, and an adjusted EBITDA margin of 18.70 percent, up 90 basis points year over year, according to Benzinga.
When is the next report?
Stantec's next earnings report is scheduled for November 12, 2026, according to MetaCap. The date matters because the second-quarter figures paired revenue growth with higher margins, but analyst targets moved lower in October.
Operating progress meets valuation pressure
The second-quarter call also described a contract backlog of USD 9.20 billion, up 17.50 percent year over year. Adjusted earnings per share rose 18.40 percent to USD 1.61, while full-year adjusted EBITDA margin guidance was raised to 17.80 percent to 18.30 percent, according to Benzinga. The combination leaves the next report as the clearest test of whether margin expansion can offset a more cautious target-setting trend.
Stock snapshot
Stantec stock was trading at EUR 61.04 at Lang & Schwarz on October 20, 2026 at 1:30 p.m. CEST.
The further course of trading is shown by the continuously updated real-time quote of Stantec stock.
Stantec stock at a glance
- Company: Stantec Inc.
- ISIN: CA85472N1096
- Ticker: STN
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 20, 2026, 1:30 p.m. CEST): EUR 61.04
- Market capitalization: USD 7.7 billion (as of October 19, 2026)
- 52-week range: USD 65.35-114.52 (as of October 16, 2026)
- Sector / Industry: Consumer Discretionary / Military, Government and Technical
- Next earnings date: November 12, 2026
Market context: Market report S&P 500.
