Air Canada (TSX:AC)
Canada flag Canada · Delayed Price · Currency is CAD
26.23
+0.32 (1.24%)
Oct 6, 2026, 11:01 AM EST

Air Canada Stock Forecast

Stock Price Forecast

According to 15 analysts polled by S&P Global, Air Canada stock has a consensus rating of "Buy" and an average price target of $35.12. The average 1-year stock price forecast is 33.89% higher than the current stock price, while the lowest is $21.70 (-17.27%) and the highest is $45.00 (+71.56%).

Price Target: $35.12 (+33.89%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$21.70$35.12$36.50$45.00
Change-17.27%+33.89%+39.15%+71.56%

Analyst Ratings

The average analyst rating for Air Canada stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingApr '26May '26Jun '26Jul '26Aug '26Sep '26
Strong Buy444444
Buy433455
Hold777655
Sell122211
Strong Sell000000
Total161616161515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Jefferies
Jefferies
Hold
Maintains
$31.00
HoldMaintains$31.00+18.19%Sep 29, 2026
RBC Capital
RBC Capital
Buy
Maintains
$37.00
BuyMaintains$37.00+41.06%Sep 26, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$38.00
BuyMaintains$38.00+44.87%Sep 15, 2026
Scotiabank
Scotiabank
Buy
Maintains
$33.50 → $37.50
BuyMaintains$33.50 → $37.50+42.97%Aug 19, 2026
CIBC
CIBC
Buy
Maintains
$40.00
BuyMaintains$40.00+52.50%Aug 14, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
25.23B
from 22.37B
Increased by 12.79%
Revenue Next Year
26.51B
from 25.23B
Increased by 5.05%
EPS This Year
1.27
from 1.47
Decreased by -13.30%
EPS Next Year
2.07
from 1.27
Increased by 62.80%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.40B16.56B21.83B22.26B22.37B25.23B
Revenue Growth
9.72%158.69%31.87%1.93%0.53%12.79%
Operating Income
-2.84B-159.00M2.30B1.31B942.00M639.91M
Net Income
-3.60B-1.70B2.28B1.72B644.00M199.83M
EPS
----1.471.27
EPS Growth
-----58.60%-13.30%
Forward PE
20.2831.296.117.938.5720.58
Free Cash Flow
----747.00M509.40M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High25.6B
Avg25.2B
Low24.7B

Revenue Growth

Revenue Growth202620272028
High
14.6%
Avg
12.8%
Low
10.3%

EPS Forecast

EPS202620272028
High1.76
Avg1.27
Low0.58

EPS Growth

EPS Growth202620272028
High
19.7%
Avg
-13.3%
Low
-60.5%