SJR-B.TO Shaw (TSX) C$40.48 pre-market 23 Jan 2026: 6.73M volume shows action
SJR-B.TO stock opened pre-market at C$40.48 on 23 Jan 2026 with 6,726,192 shares traded, making it one of the most active TSX issues early today. That volume is 3.35x the average, suggesting higher intraday interest. Investors watching Shaw Communications Inc. (SJR-B.TO) should note the stock sits near its 52-week high C$40.49 while trading above its 50-day average C$39.43. This note reviews fundamentals, trading activity, Meyka AI grading and price forecasts to frame the pre-market action
Pre-market snapshot: SJR-B.TO stock at C$40.48
SJR-B.TO stock is priced at C$40.48 in pre-market trade on the TSX, up 0.01 from the previous close of C$40.47. Day range is tight at C$40.47–C$40.49, and the security is trading near its year high C$40.49. Market cap stands at C$20,232,996,839.00 and shares outstanding are 499,826,997. The high early volume versus the avg volume 2,005,585 is the key driver of its spot on the ‘most active’ list.
SJR-B.TO stock analysis: fundamentals and valuation
Shaw Communications Inc. (SJR-B.TO) reports trailing twelve-month EPS C$1.47 and a reported PE of 27.54. Revenue per share TTM is C$10.92 and book value per share is C$12.50. Key ratios show a debt/equity 0.94, free cash flow per share C$1.47, and interest coverage 4.93. Price-to-sales is 3.71 and price-to-book is 3.24, implying the market values growth and network assets at a premium versus some peers.
Trading activity and technicals for SJR-B.TO stock
Trading data shows volume 6,726,192 versus average 2,005,585, giving relative volume 3.35. The 50-day average is C$39.43 and the 200-day average is C$36.56, so the stock is in a short- and medium-term uptrend. Short-term technicals signal momentum: price above both moving averages and a tight intraday range. For active traders, watch support C$39.00 and near-term resistance at the year high C$40.49.
Meyka AI rates SJR-B.TO with a score out of 100
Meyka AI rates SJR-B.TO with a score out of 100: 61.89 (Grade B, HOLD). This grade factors in S&P 500 benchmark comparison, sector performance, financial growth, key metrics, and analyst consensus. The score blends valuation, growth and liquidity signals and flags moderate leverage. Investors should note grades are informational and not investment advice.
Meyka AI’s forecast and price outlook for SJR-B.TO stock
Meyka AI’s forecast model projects a 1-year price C$42.07, a 3-year price C$45.47, and a 5-year price C$48.90. Versus the current C$40.48, the 1-year model implies upside 3.92%, the 3-year implies 12.32%, and the 5-year implies 20.84%. Forecasts are model-based projections and not guarantees. For practical reference, a near-term conservative price target is C$38.00, a base target follows the model at C$42.07, and an optimistic longer-term target is C$48.90.
Sector context, competition and catalysts for SJR-B.TO stock
Shaw operates in the Communication Services sector and faces competition from large Canadian peers. Sector data shows an average PE near 22.51 and stronger one-year sector returns. Competitive updates and peer comparisons can influence Shaw’s multiple; see recent competitor coverage on Rogers and TELUS for market context source and source. Key catalysts include wireless subscriber growth for Freedom Mobile, fibre upgrades and regulatory developments.
Final Thoughts
SJR-B.TO stock is trading pre-market at C$40.48 on 23 Jan 2026 with heavy volume 6,726,192, placing it among the TSX most active names. Fundamentals show a PE 27.54, free cash flow per share C$1.47, and a net-debt-to-EBITDA near 2.17, so the valuation reflects utility-like stability with growth optionality. Meyka AI’s forecast model projects C$42.07 in one year — an implied 3.92% upside from current levels — while 3- and 5-year models imply larger gains. Meyka AI’s grade of 61.89 (B, HOLD) highlights a balanced risk/reward profile. Active traders should watch intraday volume and the year high C$40.49; long-term investors should weigh cash flow metrics and sector competition. All forecasts are model-based and not guarantees. For more details, see the Shaw profile on Meyka’s stock page Meyka SJR-B.TO.
FAQs
What is the current price and volume for SJR-B.TO stock?
SJR-B.TO stock is trading pre-market at C$40.48 with volume 6,726,192 shares, about 3.35x the average. This elevated volume places it among the day’s most active TSX issues.
What valuation metrics matter for SJR-B.TO stock?
Key metrics: PE 27.54, price-to-sales 3.71, price-to-book 3.24, free cash flow per share C$1.47, and debt/equity 0.94. These show a premium valuation tied to network assets and cash flow generation.
What is Meyka AI’s short-term forecast for SJR-B.TO stock?
Meyka AI’s forecast model projects C$42.07 in one year for SJR-B.TO stock, implying about 3.92% upside from C$40.48. Forecasts are projections and not guarantees.
How does sector competition affect SJR-B.TO stock?
Competition from larger Canadian carriers can pressure multiples and subscriber growth. Peer comparisons and market-share moves reported in industry coverage can drive short-term volatility and rerate the stock source.
Disclaimer:
Stock markets involve risks. This content is for informational purposes only. Past performance does not guarantee future results. Meyka AI PTY LTD provides market analysis and data insights, not financial advice. Always conduct your own research and consider consulting a licensed financial advisor.
