Air Canada (TSX:AC)
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
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
| Rating | Jan '26 | Feb '26 | Mar '26 | Apr '26 | May '26 | Jun '26 |
|---|---|---|---|---|---|---|
| Strong Buy | 7 | 5 | 4 | 4 | 4 | 4 |
| Buy | 4 | 4 | 4 | 4 | 3 | 3 |
| Hold | 5 | 6 | 7 | 7 | 7 | 7 |
| Sell | 0 | 1 | 1 | 1 | 2 | 2 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 16 | 16 | 16 | 16 | 16 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Hold Maintains $21.00 → $24.00 | Hold | Maintains | $21.00 → $24.00 | -2.72% | Jun 23, 2026 |
| Stifel Nicolaus | Stifel Nicolaus | Buy Maintains $25.50 | Buy | Maintains | $25.50 | +3.36% | May 20, 2026 |
| Bank of America Securities | Bank of America Securities | Buy Maintains n/a | Buy | Maintains | n/a | n/a | May 15, 2026 |
| Canaccord Genuity | Canaccord Genuity | Hold Maintains $21.00 → $20.00 | Hold | Maintains | $21.00 → $20.00 | -18.93% | May 4, 2026 |
| Jefferies | Jefferies | Hold Maintains $19.00 | Hold | Maintains | $19.00 | -22.98% | May 3, 2026 |
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%
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.
Revenue Forecast
| Revenue | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 26.0B | ||
| Avg | 24.8B | ||
| Low | 24.5B |
Revenue Growth
| Revenue Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 16.2% | ||
| Avg | 10.9% | ||
| Low | 9.4% |
EPS Forecast
| EPS | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 2.04 | ||
| Avg | 1.18 | ||
| Low | 0.74 |
EPS Growth
| EPS Growth | 2026 | 2027 | 2028 |
|---|---|---|---|
| High | 38.8% | ||
| Avg | -19.8% | ||
| Low | -49.7% |