WildBrain wins price target raise at RBC

Following the company’s second quarter results, RBC analyst Drew McReynolds has raised his price target on WildBrain (WildBrain Stock Quote, Chart, News, Analysts, Financials TSX:WILD).

On February 11, WILD reported its Q2, 2025 results. The company posted Adjusted EBITDA of $22.3-million on revenue of $125.8-million, a topline that was up 7%, year-over-year.

“In the second quarter, we announced a definitive agreement to sell a two-thirds stake in our television broadcast business to an independent, Canadian-owned children’s studio,” CEO Josh Scherba said. “Not only is this transaction another step forward in simplifying and focusing our business, we expect it will permit us in due course to remove our variable voting structure, which will provide strategic flexibility going forward. Additionally, our ongoing focus on key franchises has led to strong returns this quarter, reflecting strong growth in Strawberry Shortcake and Teletubbies, as well as a record-high quarter in licensing revenues for Peanuts.”

As reported by The Globe and Mail, McReynolds February 13 maintained his “Sector Perform” rating and raised his price target on WILD from $2.00 to $2.50.

“Q2/25 results were in line with our forecast while the F2025 outlook including Canadian Television Broadcasting was reiterated,” he wrote. “Following upward revisions to our Global Licensing forecast for the second consecutive quarter, our price target increases.”