TSE:NPI

Northland Power Inc (NPI.TO)

21.37
+0.12 (0.56%)
as of Aug 18, 2026, 7:16:06 pm Market Open.
631 watching
0
Investor Insights
star iconAug 18, 2026, 12:00 am

This summary was created by AI, based on 24 opinions in the last 12 months.

Northland Power Inc (NPI-T) has experienced a tumultuous period, primarily marked by a significant dividend cut that surprised many investors, leading to a temporary dip in confidence. Despite these challenges, there is optimism about the company's future, driven by two major offshore wind projects in Taiwan and the Baltic Sea expected to contribute positively to cash flow by 2027-2028. While some experts highlight the potential for the stock to recover as it de-risks with project completions, others remain cautious due to the company's previous execution challenges and current volatile market conditions. Analysts see a good long-term growth trajectory for renewables but emphasize that management must demonstrate consistent performance moving forward to regain investor trust and ensure price appreciation.

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Consensus
Cautious
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Valuation
Undervalued
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BEP.UN
HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. EBSA acquisition to continue to bear fruit. Valuation in line or slightly above peers. Higher debt loads but stable cash flows. Dividend has not grown much. Unlock Premium - Try 5i Free

DON'T BUY
Does not own stock. High debt levels makes growth very hard (high interest rates). Valuation fair given current share price. Wait for prospects to improve before investing.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly We reiterate this international renewable power generator as a TOP PICK. The company has big ambitions for Europe, where they are looking to add 2 GW of capacity over the next two years. Recently reported earnings provided excellent cash flow growth as power prices surged following the Russian invasion - despite the price caps placed by the EU. This has allowed the company to accelerate debt reduction. We recommend maintaining the stop-loss at $31, looking to achieve $48.50 -- upside potential over 31%. Yield 3.1% (Analysts’ price target is $48.52)
BUY
Allan Tong’s Discover Picks Ambitious, yes, but the demand is there, and the company’s fiscal track record is sound. The upgraded stock beat its last four quarters, boasts a super-low beta of 0.42, trades at a resonable PE of 14x (though 25x forward), and pays a safe 3.08% dividend. Its one-year return is only 3.77%, but 66.48% over five. The street targets NPI to top $50.58 (nearly 30% higher than today), based on six buys and one hold. If nothing else, NPI should outperform the TSX again. In the past 12 months, NPI stock shares have climbed about 3.5% while the Toronto exchange has sunk 7%. Read 3 Recently Upgraded Stocks to Buy for our full analysis.
TOP PICK
Strong cash flow and likely they will sell some assets. Valuation is attraction. Their merely okay dividend should grow in 2023. (Analysts’ price target is $47.69)
TOP PICK
It is in the renewable power business and will benefit from the acceleration of Europe's transition to clean energy. It has huge growth projects in the works in Taiwan, Poland and Germany. It is growing significantly and he expects EBITA to double in the next several years. Buy 14, Hold 2 Sell 0 (Analysts’ price target is $47.69)
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly The international renewable power generator has big ambitions for Europe, where they are looking to add 2 GW of capacity over the next two years. Recently reported earnings provided excellent cash flow growth as power prices surged following the Russian invasion - despite the price caps placed by the EU. This has allowed the company to accelerate debt reduction. We recommend placing a stop loss at $31, looking to achieve $48.50 -- upside potential over 28%. Yield 3.2% (Analysts’ price target is $48.35)
BUY
He's warming up to the renewables. NPI has made good acquisitions. The balance sheet is fine. This and Boralex are buys. You need to move away from fossil fuels and into renewables.
HOLD
Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. EBSA acquisition to continue to bear fruit. Valuation in line or slightly above peers. Higher debt loads but stable cash flows. Dividend has not grown much.
HOLD

Trevor Rose’s Insights - Trevor’s most-liked answers from 5i Research. Solid development pipeline. Several projects went live in 2022. Record sales and solid margins. Multiples lower than the three-year average. Unlock Premium - Try 5i Free

TOP PICK
Tremendous political support for renewable energy. Most customers are in Europe, seeing exceedingly high power prices. Can reset contract pricing. Due to report today. Recently took out March highs. Potential rising margins. Strong competitive position. Yield is 2.73%. (Analysts’ price target is $46.28)
TOP PICK
Thermal, solar, assets in Colombia and Mexico. Catalyst rich over the next 12-18 months. Growth projects in Poland and Taiwan. Could double EBITDA in next 5-7 years. Firing on all cylinders. At current share price, getting growth for free. Yield is 3%. (Analysts’ price target is $45.82)
DON'T BUY
You have to hold this a long time to make any money. A few years ago, he didn't understand their valuation, but in Europe this is part of alternative energy ETFs with massive amounts of money been pouring into these ETFs. He models $24.65, far lower than the $40 shares now. It's overvalued.
BUY

A candidate if you want green energy. A decent investment offering exposure in that area.

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Curated by Allan Tong since 2019.
99+ opinions with 4.15 rating.

TOP PICK

NPI is a major producer of offshore wind power, accounting for 60% of its adjusted EBITDA (followed by natural gas at 21%). True, wind power is not 100% reliable, but NPI boasts a long track record of execution, returning 13% annually over the last five years. The company just reported its Q4 and full year: sales rose in Q4 by 30% and 2% for the year, largely driven by Spanish operations NPI bought last August as well as its natural gas operations. Gross profits climbed 33% in Q4 and 1% for the year. Adjusted EBITDA increased 35% in Q4, though declined 3% full year. Another caveat is its 49.1x PE, which ranks higher than the industry average of 41.5x. However, margins are robust at a 12.89% profit margin and an ROI of 2.55%. NPI pays a steady dividend yield just under 3%, based on on 98% payout ratio. That may sound high, the but the sector's average is 139%.

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