Brokers Issue Forecasts for Air Canada FY2026 Earnings

Air Canada (TSE:AC) – Investment analysts at Stifel Canada issued their FY2026 earnings per share estimates for Air Canada in a research note issued to investors on Thursday, December 19th. Stifel Canada analyst D. Young anticipates that the company will earn $2.98 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

A number of other research firms also recently issued reports on AC. Stifel Nicolaus increased their price objective on Air Canada from C$25.50 to C$28.00 and gave the stock a “buy” rating in a report on Friday. CIBC boosted their target price on Air Canada from C$27.00 to C$28.00 in a report on Wednesday, December 4th. Citigroup lifted their price target on Air Canada from C$21.00 to C$28.50 in a research report on Monday, November 18th. ATB Capital upped their target price on shares of Air Canada from C$28.00 to C$31.00 and gave the stock an “outperform” rating in a research note on Wednesday, December 18th. Finally, Jefferies Financial Group lifted their target price on Air Canada from C$18.00 to C$22.00 in a report on Tuesday, November 5th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has assigned a strong buy rating to the stock. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$26.67.

Air Canada Stock Performance

Air Canada stock opened at C$21.96 on Monday. The firm has a 50-day moving average of C$22.25 and a 200-day moving average of C$18.53. The firm has a market cap of C$7.87 billion, a P/E ratio of 4.90, a P/E/G ratio of 0.02 and a beta of 2.39. The company has a current ratio of 0.85, a quick ratio of 1.06 and a debt-to-equity ratio of 1,070.99. Air Canada has a 1-year low of C$14.47 and a 1-year high of C$26.18.

About Air Canada

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.