Air Canada (TSX:AC)
Canada flag Canada · Delayed Price · Currency is CAD
26.39
-0.19 (-0.71%)
Aug 6, 2026, 4:00 PM EST

Air Canada Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Air Canada stock has a consensus rating of "Buy" and an average price target of $26.13. The average 1-year stock price forecast is 0.99% lower than the current stock price, while the lowest is $18.40 (-30.28%) and the highest is $32.00 (+21.26%).

Price Target: $26.13 (-0.99%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$18.40$26.13$26.00$32.00
Change-30.28%-0.99%-1.48%+21.26%

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
RatingFeb '26Mar '26Apr '26May '26Jun '26Jul '26
Strong Buy544444
Buy444334
Hold677776
Sell111222
Strong Sell000000
Total161616161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$25.50
BuyMaintains$25.50-3.37%Jul 22, 2026
Scotiabank
Scotiabank
Hold
Maintains
$21.00$26.00
HoldMaintains$21.00$26.00-1.48%Jul 16, 2026
Jefferies
Jefferies
Hold
Maintains
$26.00
HoldMaintains$26.00-1.48%Jul 8, 2026
BMO Capital
BMO Capital
Buy
Reiterates
$26.00$30.00
BuyReiterates$26.00$30.00+13.68%Jul 8, 2026
Unknown Analyst
National Bank
No rating
National Bank
Buy
Upgrades
$22.00$29.00
BuyUpgrades$22.00$29.00+9.89%Jul 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
24.87B
from 22.37B
Increased by 11.17%
Revenue Next Year
26.00B
from 24.87B
Increased by 4.53%
EPS This Year
1.61
from 1.47
Increased by 9.49%
EPS Next Year
2.41
from 1.61
Increased by 49.46%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.40B16.56B21.83B22.26B22.37B24.87B
Revenue Growth
9.72%158.69%31.87%1.93%0.53%11.17%
Operating Income
-2.84B-159.00M2.30B1.31B942.00M1.03B
Net Income
-3.60B-1.70B2.28B1.72B644.00M555.13M
EPS
----1.471.61
EPS Growth
-----58.60%9.49%
Forward PE
20.2831.296.117.938.5716.40
Free Cash Flow
-1.20B1.18B2.04B-253.25M500.00M627.50M
No. Analysts
-----15
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High25.3B
Avg24.9B
Low24.3B

Revenue Growth

Revenue Growth202620272028
High
12.9%
Avg
11.2%
Low
8.6%

EPS Forecast

EPS202620272028
High2.20
Avg1.61
Low0.93

EPS Growth

EPS Growth202620272028
High
49.7%
Avg
9.5%
Low
-36.7%