Air Canada (TSX:AC)
Canada flag Canada · Delayed Price · Currency is CAD
21.52
+0.41 (1.94%)
Oct 26, 2026, 2:20 PM EDT

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 $32.84. The average 1-year stock price forecast is 52.60% higher than the current stock price, while the lowest is $19.00 (-11.71%) and the highest is $45.00 (+109.11%).

Price Target: $32.84 (+52.60%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$19.00$32.84$35.50$45.00
Change-11.71%+52.60%+64.96%+109.11%

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
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy444445
Buy334555
Hold776554
Sell222110
Strong Sell000001
Total161616151515

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Canaccord Genuity
Canaccord Genuity
Buy
Upgrades
$29.00 → $25.00
BuyUpgrades$29.00 → $25.00+16.17%Oct 21, 2026
Stifel Nicolaus
Stifel Nicolaus
Buy
Maintains
$38.00
BuyMaintains$38.00+76.58%Oct 20, 2026
Jefferies
Jefferies
Sell
Downgrades
$26.00 → $19.00
SellDowngrades$26.00 → $19.00-11.71%Oct 19, 2026
Unknown Analyst
National Bank
No rating
National Bank
Buy
Maintains
$40.00 → $37.00
BuyMaintains$40.00 → $37.00+71.93%Oct 15, 2026
Scotiabank
Scotiabank
Buy
Maintains
$37.50 → $33.00
BuyMaintains$37.50 → $33.00+53.35%Oct 15, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
25.45B
from 22.37B
Increased by 13.74%
Revenue Next Year
26.90B
from 25.45B
Increased by 5.70%
EPS This Year
0.70
from 1.47
Decreased by -52.20%
EPS Next Year
1.76
from 0.70
Increased by 150.09%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
6.40B16.56B21.83B22.26B22.37B25.45B
Revenue Growth
9.72%158.69%31.87%1.93%0.53%13.74%
Operating Income
-2.84B-159.00M2.30B1.31B942.00M534.20M
Net Income
-3.60B-1.70B2.28B1.72B644.00M39.26M
EPS
----1.470.70
EPS Growth
-----58.60%-52.20%
Forward PE
20.2831.296.117.938.5730.62
Free Cash Flow
----747.00M393.20M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High25.8B
Avg25.4B
Low24.9B

Revenue Growth

Revenue Growth202620272028
High
15.2%
Avg
13.7%
Low
11.1%

EPS Forecast

EPS202620272028
High1.51
Avg0.70
Low0.20

EPS Growth

EPS Growth202620272028
High
2.7%
Avg
-52.2%
Low
-86.4%