Stantec announces impressive Q3 2025 performance with more than 17% increase in adjusted earnings per share
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Nov 13 2025
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Source: Newsfilter
Financial Performance: Stantec reported a net revenue of $1.7 billion for Q3 2025, an 11.8% increase year-over-year, with adjusted EBITDA rising 17.8% to $323.4 million and an adjusted EBITDA margin of 19.0%.
Earnings Growth: The company achieved a diluted EPS of $1.32 and an adjusted EPS of $1.53, reflecting increases of 46.7% and 17.7% respectively compared to Q3 2024.
Contract Backlog: Stantec's contract backlog grew to $8.4 billion, marking a 14.9% increase year-over-year, driven by both organic and acquisition growth.
2025 Outlook: The company has revised its adjusted EBITDA margin guidance to 17.2% to 17.5% and continues to expect net revenue growth of 10% to 12% for the full year, despite some market uncertainties.
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Analyst Views on STN
Wall Street analysts forecast STN stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for STN is 122.58 USD with a low forecast of 115.27 USD and a high forecast of 131.84 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
7 Analyst Rating
7 Buy
0 Hold
0 Sell
Strong Buy
Current: 100.530
Low
115.27
Averages
122.58
High
131.84
Current: 100.530
Low
115.27
Averages
122.58
High
131.84
About STN
Stantec Inc. is a Canada-based company, which provides sustainable engineering, architecture and environmental consulting. The Company is a designer, engineer, scientist, project manager and strategic advisor. Its expertise includes buildings; community development; energy; environment; federal government; mining, minerals & metals; transportation; water, and program & construction management. Its business operating units include infrastructure, water, environmental services, buildings and energy & resources. Its services include engineering, architecture, interior design, landscape architecture, surveying, environmental sciences, project management, and project economics, from initial project concept and planning through to design, construction administration, commissioning, maintenance, decommissioning, and remediation. It provides an array of permitting, conservation, ecosystem restoration, health sciences and ESG strategy services. Its segments are Canada, United States and Global.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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