FY2026 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Stock analysts at Scotiabank issued their FY2026 earnings per share estimates for Air Canada in a report issued on Wednesday, January 8th. Scotiabank analyst K. Gupta expects that the company will post earnings of $2.18 per share for the year. Scotiabank has a “Outperform” rating and a $29.00 price objective on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

A number of other research analysts have also weighed in on AC. TD Cowen lifted their price target on shares of Air Canada to C$25.00 and gave the company a “buy” rating in a research note on Wednesday, November 6th. Jefferies Financial Group upped their target price on shares of Air Canada from C$22.00 to C$23.00 in a research note on Monday. National Bankshares increased their target price on Air Canada from C$22.00 to C$27.00 in a report on Monday, November 4th. ATB Capital boosted their price target on Air Canada from C$28.00 to C$31.00 and gave the company an “outperform” rating in a report on Wednesday, December 18th. Finally, BMO Capital Markets increased their price objective on Air Canada from C$29.00 to C$31.00 in a report on Wednesday, December 18th. 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 MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of C$26.60.

Air Canada Trading Up 1.3 %

TSE:AC opened at C$22.01 on Thursday. The business’s 50-day simple moving average is C$23.46 and its 200-day simple moving average is C$18.97. Air Canada has a fifty-two week low of C$14.47 and a fifty-two week high of C$26.18. The company has a debt-to-equity ratio of 1,070.99, a current ratio of 0.85 and a quick ratio of 1.06. The stock has a market capitalization of C$7.89 billion, a PE ratio of 4.91, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39.

Insider Activity

In related news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the stock in a transaction on Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total value of C$130,246.80. Insiders own 0.14% of the company’s stock.

Air Canada Company Profile

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.