Ventum raises target to CAD 231 for Dollarama stock

Published on 10/28/2026 at 05:52 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter sales rose 17.6 percent to CAD 2.03 billion. Dollarama stock stood at a CAD 54.8 billion market value on October 27, 2026.

Analyst view and operating growth

Ventum Capital Markets raised its Dollarama target from CAD 225.00 to CAD 231.00 on October 21, 2026.
Second-quarter fiscal 2027 sales increased 17.6 percent to CAD 2.03 billion.
Be The Puck lists December 10, 2026 as Dollarama's next earnings date.

DOL, CA25675T1075, Illustration mit AI erstellt.

Dollarama (CA25675T1075) saw Ventum Capital Markets raise its price target from CAD 225.00 to CAD 231.00 on October 21, 2026, as reported by The Globe and Mail. The move keeps the analyst's Buy rating in place and puts the latest research emphasis on earnings growth from Canadian traffic, new stores and international expansion.

Quarterly growth sets the base

Dollarama's second-quarter fiscal 2027 sales rose 17.6 percent to CAD 2.03 billion, while net earnings reached CAD 349.3 million and diluted earnings per share increased 11.2 percent to CAD 1.29 from CAD 1.16 a year earlier, according to The Globe and Mail. Canadian same-store sales advanced 5.4 percent, compared with 4.9 percent a year earlier. Management also lifted fiscal 2027 Canadian same-store sales guidance to 4.0 percent to 4.5 percent from 3.0 percent to 4.0 percent.

Three events shape the case

On September 16, 2026, Dollarama reported quarterly diluted earnings per share of CAD 1.29 and sales of CAD 2.03 billion. On October 3, 2026, its earnings call highlighted CAD 49.9 million of Dollarcity net earnings and 43 Canadian stores opened year to date, according to The Globe and Mail. On October 21, 2026, Ventum raised its target from CAD 225.00 to CAD 231.00, as reported by The Globe and Mail.

What does the target mean?

The target increase rests on a longer operating cycle rather than one quarter alone. Ventum expects earnings per share growth to accelerate from 10 percent in fiscal 2027 to 14 percent in fiscal 2028, while its analysis points to a 2,200-store target by 2034. The counter-factor is execution risk: Australia and Mexico remain expansion projects that can weigh on near-term earnings and cash flow.

Next report date is December 10

Be The Puck lists December 10, 2026 as Dollarama's next earnings report date. That release should provide the next dated test of Canadian comparable-store sales, store openings and the cost impact of the international rollout.

Market value keeps the scale visible

Dollarama had a market capitalization of CAD 54.8 billion as of October 27, 2026. Its 52-week range was CAD 163.25 to CAD 209.96, placing the company in the large-cap segment of Canada's discount retail market. The combination of 17.6 percent quarterly sales growth and a CAD 231.00 analyst target leaves execution and margin conversion as the central investor questions.

The continuously updated real-time quote of Dollarama stock.