Boralex Inc. (BRLXF)
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
Boralex Inc. (BRLXF) trades at $26.10 with AI Score 50/100 (Grade B). Boralex Inc. is a renewable energy company focused on developing, constructing, and operating power facilities across Canada, France, and the United States. Market cap: $2.68B, Sector: Utilities.
Price live · AI analysis from Mar 17, 2026Analyst Coverage for BRLXF: BRLXF does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates BRLXF against Utilities peers across nine fundamental dimensions and assigns a mixed fundamental profile based on the underlying data.
BRLXF: the 1 perspectives are evenly split.
How is this calculated? →Boralex Inc. (BRLXF) Utility Operations & Dividend Profile
Boralex Inc. is a Canadian renewable energy company with a diversified portfolio of wind, hydro, solar, and thermal power facilities across North America and Europe, focusing on sustainable energy generation and long-term growth in the renewable energy sector.
What Is the Investment Thesis for BRLXF?
Boralex Inc. presents a notable research candidate within the renewable energy sector. The company's diversified portfolio of wind, hydro, and solar assets provides a stable revenue base. With a dividend yield of 2.29%, Boralex offers an income stream for investors. The company's focus on renewable energy aligns with global trends towards decarbonization, creating long-term growth potential. However, a high P/E ratio of 442.92 indicates that the stock may be overvalued. Investors should monitor the company's ability to improve its profit margin, which currently stands at 0.8%. The company's beta of 0.19 suggests low volatility compared to the market.
Based on FMP financials and quantitative analysis
BRLXF Key Highlights
- Boralex has interests in 90 wind power stations with an installed capacity of 2,032 MW as of December 31, 2021, showcasing a strong presence in wind energy.
- The company operates 16 hydroelectric power stations with a capacity of 181 MW, contributing to a diversified renewable energy portfolio.
- Boralex's dividend yield of 2.29% offers an income stream for investors, making it a noteworthy option for income-seeking portfolios.
- The company's gross margin of 53.2% indicates efficient operations and strong revenue generation from its renewable energy assets.
- Boralex's operations span across Canada, France, and the United States, providing geographic diversification and access to multiple renewable energy markets.
Who Are BRLXF's Competitors?
BRLXF is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| ACEJF ACEA S.p.A. | $23.30 | +0.00% | $4.95B | 51 |
| AEE Ameren Corporation | $115.02 | +2.52% | $31.83B | 82 |
| CGKEF The Chugoku Electric Power Co., Inc. | $6.51 | +0.00% | $2.34B | 47 |
| CGKEY The Chugoku Electric Power Co., Inc. | $9.69 | +0.00% | $1.74B | 42 |
| TREAF Terna Energy Societe Anonyme Commercial Technical Company | $13.64 | +0.00% | $1.60B | 52 |
| SVMRF Magnora ASA | $2.25 | +0.00% | $162.57M | 70 |
| ENLT Enlight Renewable Energy Ltd | $84.26 | -3.25% | $11.78B | 67 |
| ATRWF Altius Renewable Royalties Corp. | $8.50 | +0.00% | $262.46M | 64 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are BRLXF's Key Strengths?
- Diversified portfolio of renewable energy assets.
- Geographic presence in North America and Europe.
- Long-term power purchase agreements.
- Expertise in renewable energy project development.
What Are BRLXF's Weaknesses?
- High P/E ratio.
- Low profit margin.
- Dependence on government policies and subsidies.
- Exposure to weather-related risks.
What Could Drive BRLXF Stock Higher?
- Continued expansion of renewable energy projects in North America and Europe.
- Government incentives and policies supporting renewable energy development.
- Potential acquisitions of renewable energy companies or projects.
- Increasing demand for clean energy and decarbonization efforts.
- Development of new wind and solar power projects.
What Are the Key Risks for BRLXF?
- Financial-distress signal — its Altman Z-Score of 0.63 sits in the distress zone (elevated bankruptcy risk).
- Negative return on equity (-2.1%) — the business is not currently generating profit on shareholder capital.
- Changes in government policies and regulations regarding renewable energy.
- Fluctuations in energy prices.
- Increasing competition in the renewable energy sector.
- Weather-related risks affecting renewable energy generation.
- Technological advancements that could disrupt the industry.
What Are the Growth Opportunities for BRLXF?
- Expansion in Solar Energy: Boralex can expand its solar energy portfolio by developing new solar power stations and acquiring existing solar projects. The global solar energy market is projected to reach $223.3 billion by 2026, offering significant growth potential. Boralex's expertise in renewable energy project development and operation positions it well to capitalize on this market opportunity. The company can focus on developing utility-scale solar projects and distributed generation solar projects to diversify its solar energy portfolio.
- Strategic Acquisitions: Boralex can pursue strategic acquisitions of renewable energy companies and projects to expand its geographic footprint and diversify its asset base. The renewable energy sector is consolidating, creating opportunities for acquisitions. Boralex can target companies with complementary renewable energy assets and geographic presence. Acquisitions can provide Boralex with access to new markets, technologies, and expertise, accelerating its growth and enhancing its competitive position.
- Development of New Wind Power Projects: Boralex can develop new wind power projects in regions with favorable wind resources and supportive government policies. The wind energy market is expected to grow significantly in the coming years, driven by increasing demand for clean energy. Boralex's experience in wind power project development and operation gives it a competitive advantage. The company can focus on developing onshore and offshore wind projects to expand its wind energy portfolio.
- Investment in Energy Storage: Boralex can invest in energy storage technologies to enhance the reliability and flexibility of its renewable energy assets. Energy storage is becoming increasingly important for integrating renewable energy into the grid. Boralex can deploy battery storage systems at its renewable energy power stations to store excess energy and provide grid services. This will improve the economics of its renewable energy projects and enhance their value.
- Geographic Expansion: Boralex can expand its geographic presence by entering new renewable energy markets. The company currently operates in Canada, France, and the United States. Boralex can target new markets in Europe, Asia, and Latin America with strong renewable energy potential and supportive government policies. Geographic expansion will diversify the company's revenue streams and reduce its reliance on specific markets.
What Opportunities Does BRLXF Have?
- Expansion in solar energy.
- Strategic acquisitions.
- Development of new wind power projects.
- Investment in energy storage.
What Threats Does BRLXF Face?
- Increasing competition in the renewable energy sector.
- Changes in government policies and regulations.
- Fluctuations in energy prices.
- Technological advancements that could disrupt the industry.
What Are BRLXF's Competitive Advantages?
- Diversified portfolio of renewable energy assets across multiple technologies and geographies.
- Long-term power purchase agreements that provide stable revenue streams.
- Expertise in renewable energy project development and operation.
- Strong relationships with utilities and other customers.
What Does BRLXF Do?
Boralex Inc. was founded in 1982 and has grown to become a significant player in the renewable energy sector. The company specializes in the development, construction, and operation of renewable energy power facilities. Its operations span across Canada, France, and the United States. Boralex's diversified portfolio includes wind, hydroelectric, solar, and thermal power stations. As of December 31, 2021, Boralex had interests in 90 wind power stations with a total installed capacity of 2,032 MW, 16 hydroelectric power stations with a capacity of 181 MW, 12 solar power stations with a capacity of 244 MW, and one thermal power station with a capacity of 35 MW. The company also operates two hydroelectric power stations on behalf of R.S.P. Énergie Inc. Boralex is committed to sustainable energy generation and aims to expand its renewable energy footprint through strategic acquisitions and project developments. The company is headquartered in Kingsey Falls, Canada, and employs over 800 people.
What Products and Services Does BRLXF Offer?
- Develop renewable energy power facilities
- Construct renewable energy power facilities
- Operate wind power stations
- Operate hydroelectric power stations
- Operate solar power stations
- Operate thermal power stations
- Generate and sell electricity
How Does BRLXF Make Money?
- Develop, construct, and operate renewable energy power facilities.
- Generate electricity from renewable sources such as wind, hydro, and solar.
- Sell electricity to utilities and other customers through power purchase agreements.
- Receive revenue based on the amount of electricity generated and sold.
What Industry Does BRLXF Operate In?
Boralex Inc. operates in the renewable utilities industry, which is experiencing significant growth due to increasing global demand for clean energy. The industry is driven by government policies promoting renewable energy adoption and declining costs of renewable energy technologies. The competitive landscape includes established utility companies and independent power producers. Boralex differentiates itself through its diversified portfolio of renewable energy assets and its geographic presence in North America and Europe. The renewable energy market is projected to continue growing, driven by environmental concerns and the need for sustainable energy solutions.
Who Are BRLXF's Key Customers?
- Utilities
- Commercial and industrial customers
- Government entities
- Grid operators
FY2026 estForward Outlook
Wall Street analysts project Boralex Inc. revenue of about $1.08B for fiscal 2026, with EPS near $0.68.
F-Score 5/9Financial Health
Boralex Inc.'s Piotroski F-Score is 5/9, a 9-point checklist of profitability, leverage and efficiency — a middling fundamental profile. Its Altman Z-Score of 0.63 places it in the distress zone, a signal of elevated financial risk.
ROE -2%Key Financial Metrics
Return on equity for Boralex Inc. stands at -2.1%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is -0.4%, showing how much profit it generates from its asset base. Its free cash flow yield is -2.8%, a gauge of the cash the business throws off relative to its market value. A current ratio of 1.24 indicates the company holds enough short-term assets to cover its near-term obligations. Its earnings yield is -0.8%, the inverse of the P/E and a quick read on earnings relative to price.
Boralex Inc. (BRLXF) Valuation Context
Valued at $2.68B, BRLXF is classified as a mid-cap stock. Relative to its peer group, BRLXF's quantitative score of 50/100 is roughly in line with the peer average of 55/100.
BRLXF Revenue & Earnings Trend
In Q1 2026, BRLXF generated $286.7M in top-line revenue, marking a sequential increase of 11.2%. The company recorded a net loss of $9.0M, with diluted EPS of $-0.09. Revenue has increased across the last three reported quarters, suggesting sustained momentum for this mid-cap Utilities company. Across the four most recent quarters, BRLXF averaged $-0.08 in diluted EPS.
Company Profile
Boralex Inc. operates in the Renewable Utilities industry within the Utilities sector. It is headquartered in Kingsey Falls, CA. The company is led by CEO Patrick Decostre. BRLXF has traded publicly since 2010.
BRLXF Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis · FY 2025
Bull Case vs Bear Case
Bull Case
- Boralex's recent insider buying suggests strong confidence from those who know the company best, signaling potential undervaluation.
- Community sentiment indicates growing optimism about renewable energy investments, positioning Boralex favorably in a trending sector.
- The company's focus on renewable energy aligns with increasing global demand for sustainable solutions, enhancing its long-term growth prospects.
- Market perception of Boralex is shifting towards a reliable player in the renewable energy space, attracting more institutional interest.
Bear Case
- Increased competition in the renewable energy sector could squeeze Boralex's margins and market share.
- Community discussions reveal concerns about regulatory changes impacting renewable energy projects, creating uncertainty for future developments.
- Recent market volatility and economic slowdown fears are causing investors to re-evaluate growth stocks, including those in the renewable sector.
- Negative news cycles and broader market corrections could temporarily overshadow Boralex's positive fundamentals, impacting its stock performance.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · April 2026
Recent Quarterly Results
| Quarter | Revenue | Net Income | EPS |
|---|---|---|---|
| Q1 2026 | $287M | -$9M | -$0.09 |
| Q4 2025 | $258M | $14M | $0.14 |
| Q3 2025 | $157M | -$27M | -$0.26 |
| Q2 2025 | $197M | -$10M | -$0.10 |
Based on FMP financials and quantitative analysis
BRLXF Latest News
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Boralex announces €1.45 billion single platform-level financing in France to support its portfolio of operating assets and development projects
Yahoo! Finance: BRLXF News · Jun 30, 2026
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Boralex’s $6.5bn buyout by Brookfield and La Caisse gains court approval
Yahoo! Finance: BRLXF News · Jun 8, 2026
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Why The Boralex (TSX:BLX) Story Is Shifting As The Brookfield Take Private Nears
Yahoo! Finance: BRLXF News · Jun 8, 2026
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Boralex Obtains Final Court Approval of the Arrangement with Brookfield and La Caisse
globenewswire.com · Jun 5, 2026
BRLXF Analyst Consensus
Consensus Rating
Aggregated Buy/Hold/Sell recommendations from Benzinga, Yahoo Finance, and Finnhub for BRLXF.
Price Targets
Wall Street price target analysis for BRLXF.
BRLXF MoonshotScore
What does this score mean?
The MoonshotScore rates BRLXF's growth potential on a scale of 0-100 across multiple factors including innovation, market disruption, financial health, and momentum.
Latest News
Boralex announces €1.45 billion single platform-level financing in France to support its portfolio of operating assets and development projects
Boralex’s $6.5bn buyout by Brookfield and La Caisse gains court approval
Why The Boralex (TSX:BLX) Story Is Shifting As The Brookfield Take Private Nears
Boralex Obtains Final Court Approval of the Arrangement with Brookfield and La Caisse
Leadership: Patrick Decostre
CEO
Patrick Decostre is the CEO of Boralex Inc. His background includes extensive experience in the energy sector, with a focus on renewable energy development and management. He has held various leadership positions within Boralex, contributing to the company's growth and strategic direction. Decostre's expertise spans across project development, operations, and financial management within the renewable energy industry. His leadership is focused on driving Boralex's expansion and innovation in the renewable energy market.
Track Record: Under Patrick Decostre's leadership, Boralex has continued to expand its renewable energy portfolio and strengthen its position in the market. He has overseen the development and acquisition of key renewable energy projects, contributing to the company's growth in installed capacity and revenue. Decostre has also focused on improving operational efficiency and financial performance, enhancing Boralex's value for shareholders.
BRLXF OTC Market Information
The OTC Other tier represents the lowest tier of the OTC market, indicating that Boralex Inc. may not meet the minimum financial standards required for higher tiers like OTCQX or OTCQB. Companies in this tier may have limited financial disclosure and may not be subject to the same regulatory oversight as companies listed on major exchanges like the NYSE or NASDAQ. Investing in companies on the OTC Other tier carries higher risks due to the potential for limited information and liquidity.
- OTC Tier: OTC Other
- Disclosure Status: Unknown
- Limited financial disclosure
- Lower trading volume and liquidity
- Wider bid-ask spreads
- Potential for price volatility
- Less regulatory oversight compared to major exchanges
- Verify the company's financial statements and disclosures.
- Research the company's management team and their track record.
- Assess the company's business model and competitive position.
- Evaluate the company's growth prospects and potential risks.
- Understand the regulatory environment in which the company operates.
- Monitor trading volume and price volatility.
- Consult with a financial advisor before investing.
- Established presence in the renewable energy sector.
- Diversified portfolio of renewable energy assets.
- Long-term power purchase agreements.
- Geographic presence in North America and Europe.
- Commitment to sustainable energy generation.
BRLXF Utilities Stock FAQ
What does Boralex Inc. do?
Boralex Inc. is a renewable energy company that develops, constructs, and operates power facilities primarily in Canada, France, and the United States. The company's portfolio includes wind, hydroelectric, solar, and thermal power stations. Boralex generates and sells electricity to utilities and other customers through power purchase agreements. The company is committed to sustainable energy generation and aims to expand its renewable energy footprint through strategic acquisitions and project developments. Boralex's diversified portfolio and geographic presence provide a stable revenue base and growth opportunities in the renewable energy sector.
What do analysts say about BRLXF stock?
Analyst coverage of BRLXF may be limited due to its OTC listing. Key valuation metrics to consider include the company's P/E ratio, dividend yield, and growth prospects in the renewable energy sector. Investors should also monitor the company's financial performance, including revenue growth, profit margin, and cash flow. The company's focus on renewable energy aligns with global trends towards decarbonization, creating long-term growth potential. However, investors should be aware of the risks associated with investing in OTC stocks, including limited liquidity and disclosure.
What are the main risks for BRLXF?
The main risks for BRLXF include changes in government policies and regulations regarding renewable energy, fluctuations in energy prices, increasing competition in the renewable energy sector, weather-related risks affecting renewable energy generation, and technological advancements that could disrupt the industry. As an OTC stock, BRLXF also faces risks related to limited liquidity, financial disclosure, and regulatory oversight. Investors should carefully consider these risks before investing in BRLXF.
What are the key factors to evaluate for BRLXF?
Boralex Inc. (BRLXF) holds an AI score of 50/100 (moderate). Not financial advice.
How frequently does BRLXF data refresh on this page?
BRLXF prices update in real time during U.S. market hours. Fundamentals refresh after quarterly filings; analyst ratings and AI insights update daily; news is aggregated continuously.
What has driven BRLXF's recent stock price performance?
Boralex Inc. (BRLXF) moves on earnings results, analyst revisions, sector rotation, and market sentiment. Notable catalyst: Diversified portfolio of renewable energy assets. See the News tab for the latest drivers. Past performance does not predict future results.
Should investors consider BRLXF overvalued or undervalued right now?
Valuing Boralex Inc. (BRLXF) requires multiple metrics. Compare P/E, P/S, and EV/EBITDA against sector peers for a full view.
What research should beginners do before buying BRLXF?
Before investing in Boralex Inc. (BRLXF), research these four areas: (1) the company's revenue model and competitive position (see Company Overview), (2) financial health through revenue growth, margins, and cash flow (see MoonshotScore), (3) what Wall Street analysts recommend and their price targets (see Analyst tab), and (4) specific risk factors that could impact the stock (see Risk Factors section).
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- Financial data is based on information available as of December 31, 2021.
- OTC market data may be limited and subject to inaccuracies.