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Dollarama Inc (TSE:DOL)
TSX:DOL
Canadian Market

Dollarama (DOL) Stock Forecast & Price Target

1,940 Followers
See the Price Targets and Ratings of:

DOL Analyst Ratings

Moderate Buy
12Ratings
Moderate Buy
8 Buy
4 Hold
0 Sell
Based on 12 analysts giving stock ratings to
Dollarama
in the past 3 months
TipRanks enables you to focus on the analyst rating consensus of all analysts or only the top performers​ in the past 3 months

DOL Stock 12 Month Forecast

Average Price Target

C$204.51
▲(16.46% Upside)
Based on 12 Wall Street analysts offering 12 month price targets for Dollarama in the last 3 months. The average price target is C$204.51 with a high forecast of C$231.44 and a low forecast of C$179.57. The average price target represents a 16.46% change from the last price of C$175.60.
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Highest Price TargetC$231.44Average Price TargetC$204.51Lowest Price TargetC$179.57
The highest, average, and lowest price target of all analysts. Click on ‘Top Analysts’ to focus on the best performers.

Detailed List of Analyst Forecasts​

Detailed List of Analyst Forecasts​
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital Analyst forecast on TSE:DOL
RBC Capital
RBC Capital
C$225C$223
Buy
26.99%
Upside
Reiterated
03/25/26
Dollarama price target lowered to C$223 from C$225 at RBC CapitalDollarama price target lowered to C$223 from C$225 at RBC Capital
CIBC
C$202
Buy
15.03%
Upside
Upgraded
03/25/26
Dollarama upgraded to Outperformer from Neutral at CIBCDollarama upgraded to Outperformer from Neutral at CIBC
Jefferies Analyst forecast on TSE:DOL
Jefferies
Jefferies
C$200
Buy
13.90%
Upside
Assigned
03/25/26
Jefferies Reaffirms Their Buy Rating on Dollarama (DLMAF)
Stifel Nicolaus Analyst forecast on TSE:DOL
Stifel Nicolaus
Stifel Nicolaus
C$180
Hold
2.51%
Upside
Reiterated
03/25/26
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Kikkoman (Other OTC: KIKOF) and Dollarama (Other OTC: DLMAF)
Wells Fargo Analyst forecast on TSE:DOL
Wells Fargo
Wells Fargo
C$195C$185
Hold
5.35%
Upside
Reiterated
03/25/26
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Smithfield Foods (NASDAQ: SFD), Dollarama (Other OTC: DLMAF) and McCormick & Company (NYSE: MKC)
Desjardins Analyst forecast on TSE:DOL
Desjardins
Desjardins
C$218C$205
Buy
16.74%
Upside
Reiterated
03/25/26
Wednesdays analyst upgrades and downgrades - The Globe and MailDollarama Inc. s (DOL-T) nearly 10 per cent share price decline on Tuesday in the wake of fourth quarter earnings was overdone, said Desjardins Securities analyst Chris Li, who said his long-term positive thesis remains intact.
UBS
C$191
Hold
8.77%
Upside
Reiterated
03/25/26
Analysts Conflicted on These Consumer Goods Names: Dollarama (Other OTC: DLMAF) and Turning Point Brands (NYSE: TPB)
Scotiabank Analyst forecast on TSE:DOL
Scotiabank
Scotiabank
C$220C$200
Buy
13.90%
Upside
Reiterated
03/25/26
Dollarama price target lowered to C$200 from C$220 at ScotiabankDollarama price target lowered to C$200 from C$220 at Scotiabank
BMO Capital Analyst forecast on TSE:DOL
BMO Capital
BMO Capital
C$210
Buy
19.59%
Upside
Reiterated
03/24/26
Buy Rating on Dollarama: Resilient Core, Cautious Guidance, and Long-Term Upside from International Expansion
TD Cowen
C$235C$225
Buy
28.13%
Upside
Reiterated
03/24/26
Maintaining a Buy: Short-Term Volatility vs. Long-Term International Growth Runway
Bernstein Analyst forecast on TSE:DOL
Bernstein
Bernstein
C$232
Buy
32.12%
Upside
Reiterated
03/24/26
Analysts Offer Insights on Consumer Goods Companies: Dollarama (Other OTC: DLMAF) and Celsius Holdings (NASDAQ: CELH)
Canaccord Genuity Analyst forecast on TSE:DOL
Canaccord Genuity
Canaccord Genuity
C$207
Hold
17.88%
Upside
Reiterated
03/20/26
Analysts Are Neutral on These Consumer Goods Stocks: Dollarama (DLMAF), Delfi (PEFDF)
National Bank Analyst forecast on TSE:DOL
National Bank
National Bank
C$203C$214
Buy
21.87%
Upside
Reiterated
12/03/25
Dollarama price target raised to C$214 from C$203 at National BankDollarama price target raised to C$214 from C$203 at National Bank
Analyst Type
Any
Any
Human Analysts
Ranks
Any
Any
Analyst Rating
Any
Any
Upside/ Downside
Any
Any
Action
Any
Any
Analyst Profile
Expert Firm
Price Target
Position
Upside / Downside
Action
Date
Follow
Article
RBC Capital Analyst forecast on TSE:DOL
RBC Capital
RBC Capital
C$225C$223
Buy
26.99%
Upside
Reiterated
03/25/26
Dollarama price target lowered to C$223 from C$225 at RBC CapitalDollarama price target lowered to C$223 from C$225 at RBC Capital
CIBC
C$202
Buy
15.03%
Upside
Upgraded
03/25/26
Dollarama upgraded to Outperformer from Neutral at CIBCDollarama upgraded to Outperformer from Neutral at CIBC
Jefferies Analyst forecast on TSE:DOL
Jefferies
Jefferies
C$200
Buy
13.90%
Upside
Assigned
03/25/26
Jefferies Reaffirms Their Buy Rating on Dollarama (DLMAF)
Stifel Nicolaus Analyst forecast on TSE:DOL
Stifel Nicolaus
Stifel Nicolaus
C$180
Hold
2.51%
Upside
Reiterated
03/25/26
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Kikkoman (Other OTC: KIKOF) and Dollarama (Other OTC: DLMAF)
Wells Fargo Analyst forecast on TSE:DOL
Wells Fargo
Wells Fargo
C$195C$185
Hold
5.35%
Upside
Reiterated
03/25/26
Analysts Have Conflicting Sentiments on These Consumer Goods Companies: Smithfield Foods (NASDAQ: SFD), Dollarama (Other OTC: DLMAF) and McCormick & Company (NYSE: MKC)
Desjardins Analyst forecast on TSE:DOL
Desjardins
Desjardins
C$218C$205
Buy
16.74%
Upside
Reiterated
03/25/26
Wednesdays analyst upgrades and downgrades - The Globe and MailDollarama Inc. s (DOL-T) nearly 10 per cent share price decline on Tuesday in the wake of fourth quarter earnings was overdone, said Desjardins Securities analyst Chris Li, who said his long-term positive thesis remains intact.
UBS
C$191
Hold
8.77%
Upside
Reiterated
03/25/26
Analysts Conflicted on These Consumer Goods Names: Dollarama (Other OTC: DLMAF) and Turning Point Brands (NYSE: TPB)
Scotiabank Analyst forecast on TSE:DOL
Scotiabank
Scotiabank
C$220C$200
Buy
13.90%
Upside
Reiterated
03/25/26
Dollarama price target lowered to C$200 from C$220 at ScotiabankDollarama price target lowered to C$200 from C$220 at Scotiabank
BMO Capital Analyst forecast on TSE:DOL
BMO Capital
BMO Capital
C$210
Buy
19.59%
Upside
Reiterated
03/24/26
Buy Rating on Dollarama: Resilient Core, Cautious Guidance, and Long-Term Upside from International Expansion
TD Cowen
C$235C$225
Buy
28.13%
Upside
Reiterated
03/24/26
Maintaining a Buy: Short-Term Volatility vs. Long-Term International Growth Runway
Bernstein Analyst forecast on TSE:DOL
Bernstein
Bernstein
C$232
Buy
32.12%
Upside
Reiterated
03/24/26
Analysts Offer Insights on Consumer Goods Companies: Dollarama (Other OTC: DLMAF) and Celsius Holdings (NASDAQ: CELH)
Canaccord Genuity Analyst forecast on TSE:DOL
Canaccord Genuity
Canaccord Genuity
C$207
Hold
17.88%
Upside
Reiterated
03/20/26
Analysts Are Neutral on These Consumer Goods Stocks: Dollarama (DLMAF), Delfi (PEFDF)
National Bank Analyst forecast on TSE:DOL
National Bank
National Bank
C$203C$214
Buy
21.87%
Upside
Reiterated
12/03/25
Dollarama price target raised to C$214 from C$203 at National BankDollarama price target raised to C$214 from C$203 at National Bank
Stocks with the Highest Top Analyst Consensus in the Consumer Defensive Sector
Find stocks in the Consumer Defensive sector that are highly recommended by Top Performing Analysts.

Best Analysts Covering Dollarama

3 Months
xxx
Success Rate
42/58 ratings generated profit
72%
Average Return
+4.48%
reiterated a xxx
rating 15 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 3 Months would result in 72.41% of your transactions generating a profit, with an average return of +4.48% per trade.
1 Year
Chris Li CFADesjardins
Success Rate
23/23 ratings generated profit
100%
Average Return
+24.97%
reiterated a buy rating 15 days ago
Copying Chris Li CFA's trades and holding each position for 1 Year would result in 100.00% of your transactions generating a profit, with an average return of +24.97% per trade.
2 Years
xxx
Success Rate
23/23 ratings generated profit
100%
Average Return
+60.86%
reiterated a xxx
rating 15 days ago
Copying xxxxxxxxxxxxxxxxxx
trades and holding each position for 2 Years would result in 100.00% of your transactions generating a profit, with an average return of +60.86% per trade.
The Best Analyst Covering tool allows you to follow the analysts who have the best success rates and average returns on a specific stock. Only analysts that gave a Buy or Sell rating on the stock in the past 12 months are eligible for inclusion in this tool. Follow the analysts of your choice to receive real-time updates when they publish a new rating.

DOL Analyst Recommendation Trends

Rating
Nov 25
Dec 25
Jan 26
Feb 26
Mar 26
Strong Buy
19
22
20
15
14
Buy
0
0
0
0
0
Hold
25
19
11
8
14
Sell
0
0
0
0
0
Strong Sell
0
0
0
0
0
total
44
41
31
23
28
In the current month, DOL has received 14 Buy Ratings, 14 Hold Ratings, and 0 Sell Ratings. DOL average Analyst price target in the past 3 months is 204.51.
Each month's total comprises the sum of three months' worth of ratings.

DOL Financial Forecast

DOL Earnings Forecast

Next quarter’s earnings estimate for DOL is C$1.00 with a range of C$0.95 to C$1.04. The previous quarter’s EPS was C$1.43. DOL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.98% of the time in the same period. In the last calendar year DOL has Performed in-line its overall industry.
Next quarter’s earnings estimate for DOL is C$1.00 with a range of C$0.95 to C$1.04. The previous quarter’s EPS was C$1.43. DOL beat its EPS estimate ― of the time in the past 12 months, while its overall industry beat the EPS estimate 57.98% of the time in the same period. In the last calendar year DOL has Performed in-line its overall industry.

DOL Sales Forecast

Next quarter’s sales forecast for DOL is C$1.83B with a range of C$1.80B to C$1.86B. The previous quarter’s sales results were C$2.10B. DOL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 52.41% of the time in the same period. In the last calendar year DOL has Performed in-line its overall industry.
Next quarter’s sales forecast for DOL is C$1.83B with a range of C$1.80B to C$1.86B. The previous quarter’s sales results were C$2.10B. DOL beat its sales estimates ― of the time in past 12 months, while its overall industry beat sales estimates 52.41% of the time in the same period. In the last calendar year DOL has Performed in-line its overall industry.

DOL Stock Forecast FAQ

What is TSE:DOL’s average 12-month price target, according to analysts?
Based on analyst ratings, Dollarama Inc’s 12-month average price target is 204.51.
    What is TSE:DOL’s upside potential, based on the analysts’ average price target?
    Dollarama Inc has 16.46% upside potential, based on the analysts’ average price target.
      Can I see which stocks the top-ranking analysts are rating?
      Yes, go to the Analysts’ Top Stocks tool to see stocks with a Strong Buy or Strong Sell analyst rating consensus, according to the top performers.
        How can I follow the stock ratings of top Wall Street analysts?
        Head over to our Expert Center to see a list of the top 100 Wall Street analysts and follow the analysts of your choice. Visit their profiles for more details about their stock ratings and see how they perform on a stock-by-stock basis.
          Is TSE:DOL a Buy, Sell or Hold?
          Dollarama Inc has a consensus rating of Moderate Buy which is based on 8 buy ratings, 4 hold ratings and 0 sell ratings.
            What is Dollarama Inc’s price target?
            The average price target for Dollarama Inc is 204.51. This is based on 12 Wall Streets Analysts 12-month price targets, issued in the past 3 months.
            The highest analyst price target is C$231.44 ,the lowest forecast is C$179.57. The average price target represents 16.46% Increase from the current price of C$175.6.
              What do analysts say about Dollarama Inc?
              Dollarama Inc’s analyst rating consensus is a Moderate Buy. This is based on the ratings of 12 Wall Streets Analysts.
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