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 $121.85. The average 1-year stock price forecast is 41.59% higher than the current stock price, while the lowest is $90.00 (+4.58%) and the highest is $140.00 (+62.68%).

Price Target: $121.85 (+41.59%)

Analyst Consensus: Buy

Price Target

Chart

Target	Low	Average	Median	High
Price	$90.00	$121.85	$125.00	$140.00
Change	+4.58%	+41.59%	+45.25%	+62.68%

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

Rating	Mar '26	Apr '26	May '26	Jun '26	Jul '26	Aug '26
Strong Buy	5	5	5	5	5	5
Buy	7	7	7	7	7	7
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	13	13	13	13	13	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Daryl Young Stifel Nicolaus	Stifel Nicolaus	Buy Maintains $125.00	Buy	Maintains	$125.00	+45.25%	Aug 17, 2026
Kevin Chiang CIBC	CIBC	Buy Maintains $125.00	Buy	Maintains	$125.00	+45.25%	Aug 12, 2026
Fadi Chamoun BMO Capital	BMO Capital	Hold Maintains $85.00 → $90.00	Hold	Maintains	$85.00 → $90.00	+4.58%	Aug 12, 2026
Walter Spracklin RBC Capital	RBC Capital	Buy Reiterates $140.00	Buy	Reiterates	$140.00	+62.68%	Aug 12, 2026
Konark Gupta Scotiabank	Scotiabank	Buy Maintains $115.00 → $120.00	Buy	Maintains	$115.00 → $120.00	+39.44%	Jul 16, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

1.10B

from 992.70M

10.37%

from 992.70M

Revenue Next Year

1.11B

from 1.10B

1.60%

from 1.10B

EPS This Year

3.51

from 4.45

-21.23%

from 4.45

EPS Next Year

4.54

from 3.51

29.66%

from 3.51

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	757.80M	979.90M	877.50M	1.00B	992.70M	1.10B
Revenue Growth	13.36%	29.31%	-10.45%	14.05%	-0.81%	10.37%
Gross Profit	232.40M	247.50M	138.10M	225.80M	198.90M	213.65M
Gross Margin	30.67%	25.26%	15.74%	22.56%	20.04%	19.50%
Operating Income	172.90M	172.90M	70.50M	135.20M	118.50M	121.44M
Net Income	167.40M	190.60M	37.30M	108.40M	80.20M	44.68M
EPS	-	-	-	-	4.45	3.51
EPS Growth	-	-	-	-	-16.35%	-21.23%
Forward PE	27.82	16.45	37.45	18.37	21.58	24.55
Dividend / Share	1.04	1.12	1.17	1.33	1.40	1.54
Dividend Growth	11.11%	7.50%	4.88%	13.36%	5.33%	10.18%
Free Cash Flow	-66.65M	-339.74M	-170.14M	107.00M	-238.00M	145.94M
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers. Financial currency is CAD.

Revenue Forecast

Chart

Revenue	2026	2027	2028
High	1.1B
Avg	1.1B
Low	1.1B

Revenue Growth

Chart

Revenue Growth	2026	2027	2028
High	12.8%
Avg	10.4%
Low	8.3%

EPS Forecast

Chart

EPS	2026	2027	2028
High	4.23
Avg	3.51
Low	3.26

EPS Growth

Chart

EPS Growth	2026	2027	2028
High	-5.0%
Avg	-21.2%
Low	-26.7%