Air Canada (TSX:AC)
Canada flag Canada · Delayed Price · Currency is CAD
22.58
-0.66 (-2.84%)
Jul 17, 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 $25.03. The average 1-year stock price forecast is 10.85% higher than the current stock price, while the lowest is $18.40 (-18.51%) and the highest is $32.00 (+41.72%).

Price Target: $25.03 (+10.85%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$18.40$25.03$25.00$32.00
Change-18.51%+10.85%+10.72%+41.72%

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
Buy444333
Hold677777
Sell111222
Strong Sell000000
Total161616161616

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Scotiabank
Scotiabank
Hold
Maintains
$21.00$26.00
HoldMaintains$21.00$26.00+15.15%Jul 16, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$25.50
BuyMaintains$25.50+12.93%Jul 9, 2026
Jefferies
Jefferies
Hold
Maintains
$26.00
HoldMaintains$26.00+15.15%Jul 8, 2026
BMO Capital
BMO Capital
Buy
Reiterates
$26.00$30.00
BuyReiterates$26.00$30.00+32.86%Jul 8, 2026
Unknown Analyst
National Bank
No rating
National Bank
Buy
Upgrades
$22.00$29.00
BuyUpgrades$22.00$29.00+28.43%Jul 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
24.88B
from 22.37B
Increased by 11.22%
Revenue Next Year
25.93B
from 24.88B
Increased by 4.19%
EPS This Year
1.40
from 1.47
Decreased by -4.76%
EPS Next Year
2.38
from 1.40
Increased by 69.87%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.40B16.56B21.83B22.26B22.37B24.88B
Revenue Growth
9.72%158.69%31.87%1.93%0.53%11.22%
Operating Income
-2.84B-159.00M2.30B1.31B942.00M975.17M
Net Income
-3.60B-1.70B2.28B1.72B644.00M484.50M
EPS
----1.471.40
EPS Growth
-----58.60%-4.76%
Forward PE
20.2831.296.117.938.5716.13
Free Cash Flow
-1.20B1.18B2.04B-253.25M500.00M546.29M
No. Analysts
-----14
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High26.0B
Avg24.9B
Low24.3B

Revenue Growth

Revenue Growth202620272028
High
16.2%
Avg
11.2%
Low
8.6%

EPS Forecast

EPS202620272028
High2.20
Avg1.40
Low0.74

EPS Growth

EPS Growth202620272028
High
49.7%
Avg
-4.8%
Low
-49.7%