Research Analysts Issue Forecasts for Air Canada Q3 Earnings

Key Points

• National Bank Financial has estimated Air Canada's Q3 2025 earnings per share (EPS) at $1.72, while the consensus for the full-year is $2.58 per share.
• Equities analysts have raised their target prices on Air Canada, with estimates ranging from C$21.00 to C$28.00, reflecting an overall positive outlook for the stock.
• Air Canada is currently trading at C$19.67 and has a debt-to-equity ratio of 400.00, indicating a high level of financial leverage.

Air Canada (TSE:AC - Free Report) - Research analysts at National Bank Financial issued their Q3 2025 earnings estimates for Air Canada in a report issued on Tuesday, July 29th. National Bank Financial analyst C. Doerksen expects that the company will post earnings per share of $1.72 for the quarter. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share. National Bank Financial also issued estimates for Air Canada's FY2025 earnings at $2.01 EPS and FY2026 earnings at $2.49 EPS.

Other research analysts have also recently issued reports about the company. Stifel Nicolaus lifted their price target on Air Canada from C$23.00 to C$25.00 and gave the company a "buy" rating in a report on Thursday. Raymond James Financial boosted their price target on shares of Air Canada from C$24.00 to C$27.00 and gave the stock a "moderate buy" rating in a research note on Tuesday, July 22nd. National Bankshares upped their price objective on Air Canada from C$24.00 to C$26.00 and gave the company an "outperform" rating in a report on Wednesday, July 16th. ATB Capital raised their target price on Air Canada from C$31.00 to C$32.00 and gave the stock an "outperform" rating in a report on Wednesday. Finally, Royal Bank Of Canada raised Air Canada from a "sector perform" rating to an "outperform" rating and upped their price target for the company from C$16.00 to C$25.00 in a research note on Monday, May 12th. One investment analyst has rated the stock with a sell rating, one has assigned a hold rating, nine have assigned a buy rating and one has issued a strong buy rating to the company. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and an average price target of C$25.63.

Air Canada Price Performance

AC traded down C$0.24 during midday trading on Thursday, reaching C$19.06. 3,044,175 shares of the company's stock were exchanged, compared to its average volume of 3,487,817. The firm has a market capitalization of C$6.80 billion, a price-to-earnings ratio of 2.68, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. Air Canada has a one year low of C$12.69 and a one year high of C$26.18. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00. The business has a 50-day simple moving average of C$20.27 and a two-hundred day simple moving average of C$17.78.

Air Canada Company Profile

Air Canada is Canada's largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.