Air Canada (TSX:AC)
Canada flag Canada · Delayed Price · Currency is CAD
24.67
+0.16 (0.65%)
Jun 26, 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 $22.53. The average 1-year stock price forecast is 8.67% lower than the current stock price, while the lowest is $18.00 (-27.04%) and the highest is $32.00 (+29.71%).

Price Target: $22.53 (-8.67%)
Analyst Consensus: Buy
TargetLowAverageMedianHigh
Price$18.00$22.53$22.00$32.00
Change-27.04%-8.67%-10.82%+29.71%

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

RatingJan '26Feb '26Mar '26Apr '26May '26Jun '26
Strong Buy754444
Buy444433
Hold567777
Sell011122
Strong Sell000000
Total161616161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
UBS
UBS
Hold
Maintains
$21.00$24.00
HoldMaintains$21.00$24.00-2.72%Jun 23, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$25.50
BuyMaintains$25.50+3.36%May 20, 2026
Bank of America Securities
Bank of America Securities
Buy
Maintains
n/a
BuyMaintainsn/an/aMay 15, 2026
Canaccord Genuity
Canaccord Genuity
Hold
Maintains
$21.00$20.00
HoldMaintains$21.00$20.00-18.93%May 4, 2026
Jefferies
Jefferies
Hold
Maintains
$19.00
HoldMaintains$19.00-22.98%May 3, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
24.81B
from 22.37B
Increased by 10.90%
Revenue Next Year
25.88B
from 24.81B
Increased by 4.29%
EPS This Year
1.18
from 1.47
Decreased by -19.82%
EPS Next Year
2.32
from 1.18
Increased by 96.73%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.40B16.56B21.83B22.26B22.37B24.81B
Revenue Growth
9.72%158.69%31.87%1.93%0.53%10.90%
Gross Profit
4.00M4.00B7.32B6.63B6.63B4.42B
Gross Margin
0.06%24.13%33.54%29.78%29.64%17.80%
Operating Income
-2.84B-159.00M2.30B1.31B942.00M992.96M
Net Income
-3.60B-1.70B2.28B1.72B644.00M425.29M
EPS
----1.471.18
EPS Growth
-----58.60%-19.82%
Forward PE
-31.296.117.938.5720.93
Free Cash Flow
-1.20B1.18B2.04B-253.25M500.00M263.00M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High26.0B
Avg24.8B
Low24.5B

Revenue Growth

Revenue Growth202620272028
High
16.2%
Avg
10.9%
Low
9.4%

EPS Forecast

EPS202620272028
High2.04
Avg1.18
Low0.74

EPS Growth

EPS Growth202620272028
High
38.8%
Avg
-19.8%
Low
-49.7%