The Bank of Nova Scotia Stock Forecast

Stock Price Forecast

The 1 analyst with a 12-month price forecast for The Bank of Nova Scotia stock has a target of 97, which predicts an increase of 35.29% from the current stock price of 71.70.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$97	$97	$97	$97
Change	+35.29%	+35.29%	+35.29%	+35.29%

Analyst Ratings

According to 1 stock analyst, the rating for The Bank of Nova Scotia is "Hold". This means that the analyst believes this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '25	Aug '25	Sep '25	Oct '25	Nov '25	Dec '25
Strong Buy	0	0	0	0	0	0
Buy	0	0	0	0	0	0
Hold	2	2	2	2	2	1
Sell	1	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	3	2	2	2	2	1

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $86 → $97	Hold	Maintains	$86 → $97	+35.29%	Dec 3, 2025
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $80 → $86	Hold	Maintains	$80 → $86	+19.94%	Aug 27, 2025
Darko Mihelic RBC Capital	RBC Capital	Hold Maintains $83 → $81	Hold	Maintains	$83 → $81	+12.97%	Feb 26, 2025
Rishi Jaluria RBC Capital	RBC Capital	Hold Maintains $65 → $74	Hold	Maintains	$65 → $74	+3.21%	Dec 4, 2024
Brian Morton Barclays	Barclays	Sell Initiates $70	Sell	Initiates	$70	-2.37%	Mar 20, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

39.09B

from 31.64B

23.54%

from 31.64B

Revenue Next Year

40.62B

from 39.09B

3.90%

from 39.09B

EPS This Year

8.04

from 5.67

41.79%

from 5.67

EPS Next Year

9.06

from 8.04

12.69%

from 8.04

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Oct 31, 2021	Oct 31, 2022	Oct 31, 2023	Oct 31, 2024	Oct 31, 2025	Oct 31, 2026	Oct 31, 2027
Revenue	29.44B	29.80B	29.16B	29.48B	31.64B	39.09B	40.62B
Revenue Growth	16.56%	1.24%	-2.15%	1.11%	7.32%	23.54%	3.90%
EPS	7.70	8.02	5.72	5.87	5.67	8.04	9.06
EPS Growth	45.30%	4.18%	-28.75%	2.75%	-3.42%	41.79%	12.69%
Forward PE	-	-	-	-	-	12.33	10.94
No. Analysts	-	-	-	-	-	16	12

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2026	2027
High	41.8B	43.9B
Avg	39.1B	40.6B
Low	36.5B	37.5B

Revenue Growth

Revenue Growth	2026	2027
High	32.1%	12.2%
Avg	23.5%	3.9%
Low	15.5%	-4.2%

EPS Forecast

EPS	2026	2027
High	8.56	10.02
Avg	8.04	9.06
Low	7.63	8.41

EPS Growth

EPS Growth	2026	2027
High	50.8%	24.5%
Avg	41.8%	12.7%
Low	34.6%	4.5%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.