The Globe and Mail reports in its Friday edition that National Bank Financial analyst Baltej Sidhu is maintaining his "sector perform" recommendation for Nanoxplore. The Globe's David Leeder writes in the Eye On Equities column that Mr. Sidhu gave his share target a 60-cent trim to $2.20. Analysts on average target the shares at $3.08. Mr. Sidhu says in a note: "Commercial optionality could offer upside to guidance. FY27 growth should be supported by a full-year Club Car contribution, PACCAR/Volvo volume recovery and initial commercialization of graphene powders and masterbatches. Insulating foams are most advanced, with initial sales expected in calendar 2026. Club Car's conversion to graphene-enhanced recycled compounds is expected in early calendar 2027, while D-Series graphene is being tested in plastic films targeting a multi-billion-dollar plastic-bag market, with orders targeted for H2/27. TriboGraf is technically validated but ramping more slowly, with adoption dependent on further field trials. Looking further out, the $35-million Solutions pipeline provides visibility into FY28 growth, including two Volvo programs representing $25-million of annual revenue delayed into FY28 due to U.S. regulatory changes."