Cargojet Inc. (TSX:CJT)
Canada flag Canada · Delayed Price · Currency is CAD
85.58
-0.53 (-0.62%)
Jul 29, 2026, 4:00 PM EST

Cargojet Stock Forecast

Stock Price Forecast

According to 13 analysts polled by S&P Global, Cargojet stock has a consensus rating of "Buy" and an average price target of $116.77. The average 1-year stock price forecast is 36.45% higher than the current stock price, while the lowest is $85.00 (-0.68%) and the highest is $140.00 (+63.59%).

Price Target: $116.77 (+36.45%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$85.00$116.77$120.00$140.00
Change-0.68%+36.45%+40.22%+63.59%

Analyst Ratings

The average analyst rating for Cargojet 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 Buy555555
Buy777777
Hold111111
Sell000000
Strong Sell000000
Total131313131313

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Scotiabank
Scotiabank
Buy
Maintains
$115.00$120.00
BuyMaintains$115.00$120.00+40.22%Jul 16, 2026
RBC Capital
RBC Capital
Buy
Maintains
$140.00
BuyMaintains$140.00+63.59%Jul 9, 2026
CIBC
CIBC
Buy
Maintains
$122.00$125.00
BuyMaintains$122.00$125.00+46.06%Jun 30, 2026
Unknown Analyst
ATB Cormark Capital Markets
No rating
ATB Cormark Capital Markets
Buy
Maintains
$110.00
BuyMaintains$110.00+28.53%May 7, 2026
TD Cowen
TD Cowen
Buy
Maintains
$120.00$124.00
BuyMaintains$120.00$124.00+44.89%May 7, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
1.07B
from 992.70M
Increased by 7.44%
Revenue Next Year
1.09B
from 1.07B
Increased by 2.56%
EPS This Year
3.43
from 4.45
Decreased by -22.91%
EPS Next Year
4.18
from 3.43
Increased by 21.98%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
757.80M979.90M877.50M1.00B992.70M1.07B
Revenue Growth
13.36%29.31%-10.45%14.05%-0.81%7.44%
Gross Profit
232.40M247.50M138.10M225.80M198.90M190.27M
Gross Margin
30.67%25.26%15.74%22.56%20.04%17.84%
Operating Income
172.90M172.90M70.50M135.20M118.50M110.99M
Net Income
167.40M190.60M37.30M108.40M80.20M44.12M
EPS
----4.453.43
EPS Growth
-----16.35%-22.91%
Forward PE
27.8216.4537.4518.3721.5824.95
Dividend / Share
1.041.121.171.331.401.54
Dividend Growth
-7.50%4.88%13.35%5.33%10.18%
Free Cash Flow
-66.65M-339.74M-170.14M107.00M-238.00M147.41M
No. Analysts
-----13
EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Revenue202620272028
High1.2B
Avg1.1B
Low1.0B

Revenue Growth

Revenue Growth202620272028
High
17.6%
Avg
7.4%
Low
2.3%

EPS Forecast

EPS202620272028
High4.00
Avg3.43
Low2.97

EPS Growth

EPS Growth202620272028
High
-10.1%
Avg
-22.9%
Low
-33.3%