Magellan Aerospace Stock Forecast

Stock Price Forecast

According to 3 analysts polled by S&P Global, Magellan Aerospace stock has a consensus rating of "Strong Buy" and an average price target of $38.75. The average 1-year stock price forecast is 25.04% higher than the current stock price, while the lowest is $33.25 (+7.29%) and the highest is $46.00 (+48.43%).

Price Target: $38.75 (+25.04%)

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$33.25	$38.75	$37.00	$46.00
Change	+7.29%	+25.04%	+19.39%	+48.43%

Analyst Ratings

The average analyst rating for Magellan Aerospace stock is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.

Recommendation Trends

Rating	Nov '25	Feb '26	Mar '26	Apr '26	May '26	Jun '26
Strong Buy	1	1	1	2	2	2
Buy	0	0	0	1	1	1
Hold	1	1	1	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	2	2	2	3	3	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Tim James TD Cowen	TD Cowen	Buy Maintains n/a	Buy	Maintains	n/a	n/a	Jun 9, 2026
Unknown Analyst ATB Cormark Capital Markets No rating	ATB Cormark Capital Markets	Buy Maintains $31.00 → $46.00	Buy	Maintains	$31.00 → $46.00	+48.43%	Jun 2, 2026

Financial Forecast

Revenue This Year

1.14B

from 1.04B

9.28%

from 1.04B

Revenue Next Year

1.22B

from 1.14B

6.72%

from 1.14B

EPS This Year

1.36

from 0.70

92.52%

from 0.70

EPS Next Year

1.62

from 1.36

19.16%

from 1.36

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	688.36M	764.58M	879.62M	942.37M	1.04B	1.14B
Revenue Growth	-7.53%	11.07%	15.05%	7.13%	10.86%	9.28%
Gross Profit	41.21M	35.78M	90.15M	107.89M	144.81M	176.95M
Gross Margin	5.99%	4.68%	10.25%	11.45%	13.86%	15.50%
Operating Income	-3.89M	-12.91M	32.85M	50.95M	79.34M	103.41M
Net Income	-977.00K	-21.69M	9.25M	35.49M	39.44M	76.82M
EPS	-	-	-	-	0.70	1.36
EPS Growth	-	-	-	-	13.66%	92.52%
Forward PE	20.86	42.11	13.56	14.06	16.35	22.84
Dividend / Share	0.42	0.26	0.10	0.10	0.18	0.20
Dividend Growth	-	-38.10%	-61.54%	-	75.00%	14.29%
Free Cash Flow	-5.18M	38.58M	-36.48M	38.10M	33.64M	43.45M
No. Analysts	-	-	-	-	-	3

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

Revenue Forecast

Revenue	2026	2027	2028
High	1.2B
Avg	1.1B
Low	1.1B

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.4%
Avg	9.3%
Low	8.0%

EPS Forecast

EPS	2026	2027	2028
High	1.43
Avg	1.36
Low	1.28

EPS Growth

EPS Growth	2026	2027	2028
High	102.9%
Avg	92.5%
Low	81.6%