Cargojet Inc. (TSX:CJT)
Canada · Delayed Price · Currency is CAD | Market Cap | 1.37B -9.3% |
| Revenue (ttm) | 1.04B +0.8% |
| Net Income | 46.50M -68.1% |
| EPS | 2.93 -67.5% |
| Shares Out | 14.80M |
| PE Ratio | 31.74 |
| Forward PE | 23.32 |
| Dividend | 1.54 (1.69%) |
| Ex-Dividend Date | Jun 19, 2026 |
| Volume | 500,010 |
| Open | 92.91 |
| Previous Close | 92.89 |
| Day's Range | 90.29 - 93.24 |
| 52-Week Range | 65.60 - 105.26 |
| Beta | 1.16 |
| Analysts | Buy |
| Price Target | 121.46 (+32.6%) |
| Earnings Date | Aug 10, 2026 |
About Cargojet
Cargojet Inc. provides time-sensitive overnight air cargo services and carries in Canada. It operates domestic air cargo network services between Canadian cities; and provides aircraft to customers on an aircraft, crew, maintenance, and insurance basis operating between points in Canada, North America, South America, and Europe. The company also operates scheduled and ad hoc international routes for a range of cargo customers between the United States and Bermuda; Canada and Europe, Asia, and Mexico, the United Kingdom, and other international ... [Read more]
Financial Performance
In 2025, Cargojet's revenue was 992.70 million, a decrease of -0.81% compared to the previous year's 1.00 billion. Earnings were 80.20 million, a decrease of -26.01%.
Financial StatementsAnalyst Summary
According to 13 analysts, the average rating for CJT stock is "Buy." The 12-month stock price target is $121.46, which is an increase of 32.60% from the latest price.
News
Cargojet Q2 Earnings Call Highlights
Cargojet TSE: CJT reported higher revenue and adjusted EBITDA in the second quarter of 2026, citing growth in its charter operations, continued strength in domestic overnight service and improved flee...
Cargojet Earnings Call Transcript: Q2 2026
Revenue and Adjusted EBITDA grew year-over-year, driven by strong domestic, charter, and international performance, despite fuel and labor cost headwinds. Free cash flow improved, leverage declined, and a new five-year pilot agreement was secured, supporting long-term operational stability.
Cargojet Earnings release: Q2 2026
Cargojet released its Q2 2026 earnings on August 11, 2026, summarizing the period's financial results.
Cargojet Registration statement: Q2 2026
Cargojet filed a registration statement on August 11, 2026, providing details about a securities offering with the SEC.
Cargojet Registration statement: Q2 2026
Cargojet filed a registration statement on August 11, 2026, providing details about a securities offering with the SEC.
Cargojet price target raised to C$120 from C$115 at Scotiabank
Scotiabank raised the firm’s price target on Cargojet (CGJTF) to C$120 from C$115 and keeps an Outperform rating on the shares.
Cargojet price target raised to C$124 from C$120 at TD Securities
TD Securities raised the firm’s price target on Cargojet (CGJTF) to C$124 from C$120 and keeps a Buy rating on the shares.
Cargojet price target lowered to C$85 from C$94 at BMO Capital
BMO Capital lowered the firm’s price target on Cargojet (CGJTF) to C$85 from C$94 and keeps a Market Perform rating on the shares.
Cargojet Earnings Call Transcript: Q1 2026
Q1 2026 saw 2% revenue growth to CAD 254.7 million, robust Adjusted EBITDA, and strong free cash flow despite global disruptions and fuel volatility. Charter revenue surged 26% on new routes, while disciplined capital allocation reduced net debt and supported ongoing growth.
Cargojet Earnings release: Q1 2026
Cargojet released its Q1 2026 earnings on May 5, 2026, summarizing the period's financial results.
Cargojet price target raised to C$126 from C$118 at Desjardins
Desjardins raised the firm’s price target on Cargojet (CGJTF) to C$126 from C$118 and keeps a Buy rating on the shares.
Cargojet price target raised to C$120 from C$100 at Stifel
Stifel raised the firm’s price target on Cargojet (CGJTF) to C$120 from C$100 and keeps a Buy rating on the shares.
Cargojet price target raised to C$94 from C$90 at BMO Capital
BMO Capital analyst Fadi Chamoun raised the firm’s price target on Cargojet (CGJTF) to C$94 from C$90 and keeps a Market Perform rating on the shares.
Cargojet price target raised to C$118 from C$115 at Scotiabank
Scotiabank raised the firm’s price target on Cargojet (CGJTF) to C$118 from C$115 and keeps an Outperform rating on the shares.
Cargojet Earnings Call Transcript: Q4 2025
Strong Q4 results driven by domestic e-commerce growth and disciplined cost control offset global trade headwinds. New charter opportunities and fleet optimization replaced suspended China contract revenue, while CapEx and leverage remain tightly managed.
Cargojet Earnings release: Q4 2025
Cargojet released its Q4 2025 earnings on February 25, 2026, summarizing the period's financial results.
Cargojet price target raised to C$115 from C$105 at Scotiabank
Scotiabank raised the firm’s price target on Cargojet (CGJTF) to C$115 from C$105 and keeps an Outperform rating on the shares.
Cargojet price target raised to C$90 from C$75 at BMO Capital
BMO Capital raised the firm’s price target on Cargojet (CGJTF) to C$90 from C$75 and keeps a Market Perform rating on the shares.
Cargojet price target lowered to C$100 from C$120 at Stifel
Stifel lowered the firm’s price target on Cargojet (CGJTF) to C$100 from C$120 and keeps a Buy rating on the shares.
Cargojet price target lowered to C$151 from C$166 at RBC Capital
RBC Capital lowered the firm’s price target on Cargojet (CGJTF) to C$151 from C$166 and keeps an Outperform rating on the shares.
Cargojet price target lowered to C$106 from C$132 at CIBC
CIBC lowered the firm’s price target on Cargojet (CGJTF) to C$106 from C$132 and keeps an Outperformer rating on the shares.
Cargojet price target lowered to C$95 from C$132 at Raymond James
Raymond James lowered the firm’s price target on Cargojet (CGJTF) to C$95 from C$132 and keeps an Outperform rating on the shares.
Cargojet price target lowered to C$75 from C$98 at BMO Capital
BMO Capital lowered the firm’s price target on Cargojet (CGJTF) to C$75 from C$98 and keeps a Market Perform rating on the shares.
Cargojet price target lowered to C$105 from C$135 at Scotiabank
Scotiabank lowered the firm’s price target on Cargojet (CGJTF) to C$105 from C$135 and keeps an Outperform rating on the shares.
Cargojet Earnings Call Transcript: Q3 2025
Leadership transition advances as domestic revenue grows 6% year-over-year, offsetting declines in ACMI and charter segments. Adjusted EBITDA margin remains strong at 32%, with minimal growth CapEx expected for 2026 and a focus on disciplined cost management.