Research Analysts Issue Forecasts for Air Canada Q4 Earnings

Key Points

• Analysts at Atb Cap Markets have raised their Q4 2026 earnings estimates for Air Canada from $0.35 to $0.42 per share, with the current full-year earnings consensus at $2.58 per share.
• Multiple brokerages have varied price objectives for Air Canada's stock, with Canaccord Genuity increasing their target to C$28.00 and CIBC reducing theirs to C$21.00, indicating mixed sentiments among analysts.
• Air Canada's stock has garnered a consensus rating of "Moderate Buy" with an average price target of C$25.50, reflecting overall positive but cautious investor sentiment.

Air Canada (TSE:AC - Free Report) - Equities research analysts at Atb Cap Markets raised their Q4 2026 earnings estimates for shares of Air Canada in a research report issued on Tuesday, July 29th. Atb Cap Markets analyst C. Murray now forecasts that the company will earn $0.42 per share for the quarter, up from their prior forecast of $0.35. The consensus estimate for Air Canada's current full-year earnings is $2.58 per share.

AC has been the subject of several other research reports. National Bankshares raised their price target on shares of Air Canada from C$24.00 to C$26.00 and gave the company an "outperform" rating in a research note on Wednesday, July 16th. Royal Bank Of Canada raised shares of Air Canada from a "sector perform" rating to an "outperform" rating and lifted their target price for the stock from C$16.00 to C$25.00 in a research note on Monday, May 12th. Canaccord Genuity Group lifted their target price on shares of Air Canada from C$27.00 to C$28.00 and gave the stock a "buy" rating in a research note on Wednesday. Citigroup set a C$25.00 target price on shares of Air Canada and gave the stock a "buy" rating in a research note on Monday, June 30th. Finally, CIBC lowered their target price on shares of Air Canada from C$24.00 to C$21.00 in a research note on Thursday, April 10th. 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 given a strong buy rating to the company's stock. According to MarketBeat.com, the company presently has an average rating of "Moderate Buy" and an average price target of C$25.63.

Air Canada Price Performance

Air Canada stock traded down C$0.24 during mid-day trading on Thursday, reaching C$19.06. The company had a trading volume of 3,044,175 shares, compared to its average volume of 3,487,817. Air Canada has a fifty-two week low of C$12.69 and a fifty-two week high of C$26.18. The company has a current ratio of 0.92, a quick ratio of 1.06 and a debt-to-equity ratio of 400.00. The company has a market cap of C$6.80 billion, a P/E ratio of 2.68, a P/E/G ratio of 0.02 and a beta of 2.39. The business has a fifty day simple moving average of C$20.27 and a 200 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.