5 High Growth Canadian Stocks to Buy Now

3. Lionsgate Studios Corp. (NYSE:LION)

Expected 5-year EPS Growth: 48.94%

On April 16, Baird analyst Vikram Kesavabhotla raised the firm’s price target on Lionsgate Studios Corp. (NYSE:LION) to $14 from $12 while maintaining an Outperform rating. The updated target reflects growing confidence following changes to the CEO’s employment agreement and continued progress as a standalone content company.

Earlier, on March 23, Citi analyst Jason Bazinet raised his price target to $11 from $9 and kept a Buy rating. Citi noted that investors may increasingly evaluate Lionsgate Studios Corp. (NYSE:LION) through a strategic lens following the Starz separation and elimination of the dual-class share structure. The firm’s transaction analysis suggested Lionsgate could be worth $13.50 per share in a sale scenario, implying meaningful upside from prior trading levels.

In a media world hungry for proven franchises and evergreen libraries, Lionsgate Studios Corp. (NYSE:LION)’s content portfolio could become increasingly valuable. The company also benefits from recurring licensing revenue and optional upside from new theatrical hits or streaming deals. For investors seeking a turnaround and potential acquisition story with real underlying assets, Lionsgate Studios looks like an intriguing high growth Canadian stock to buy now.

Lionsgate Studios Corp. (NYSE:LION) is a major Canadian-American entertainment company operating as a pure-play film and television content producer. Since May 2024, it has traded separately following its spin-off from Starz Entertainment, though Starz remains a significant shareholder. Headquartered in Santa Monica, California, Lionsgate owns one of the industry’s most valuable content libraries and franchises, including globally recognized film and television brands.