FY2026 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Stock analysts at Scotiabank issued their FY2026 earnings estimates for shares of Air Canada in a research note issued to investors on Wednesday, January 8th. Scotiabank analyst K. Gupta expects that the company will post earnings per share of $2.18 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 analysts have also recently weighed in on AC. Cormark raised their price target on shares of Air Canada from C$26.75 to C$29.50 in a report on Wednesday, December 18th. ATB Capital raised their price target on shares of Air Canada from C$28.00 to C$31.00 and gave the stock an “outperform” rating in a research report on Wednesday, December 18th. BMO Capital Markets boosted their target price on shares of Air Canada from C$29.00 to C$31.00 in a research note on Wednesday, December 18th. Raymond James upgraded shares of Air Canada to a “moderate buy” rating in a research note on Tuesday, December 17th. Finally, Jefferies Financial Group upped their price objective on shares of Air Canada from C$22.00 to C$23.00 in a research report on Monday. Two investment analysts have rated the stock with a hold rating, eleven have issued a buy rating and one has assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$26.60.

Air Canada Stock Down 1.5 %

TSE:AC opened at C$21.73 on Thursday. Air Canada has a fifty-two week low of C$14.47 and a fifty-two week high of C$26.18. The stock has a market capitalization of C$7.79 billion, a P/E ratio of 4.85, a P/E/G ratio of 0.02 and a beta of 2.39. The company has a debt-to-equity ratio of 1,070.99, a quick ratio of 1.06 and a current ratio of 0.85. The company’s 50-day simple moving average is C$23.39 and its 200-day simple moving average is C$18.94.

Insider Activity at Air Canada

In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total transaction of C$130,246.80. 0.14% of the stock is currently owned by insiders.

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.