CAE Inc. Stock Forecast

Stock Price Forecast

The 3 analysts with 12-month price forecasts for CAE Inc. stock have an average target of 27.33, with a low estimate of 21 and a high estimate of 32. The average target predicts an increase of 15.81% from the current stock price of 23.60.

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$21	$27.33	$29	$32
Change	-11.02%	+15.81%	+22.88%	+35.59%

* Price targets were last updated on Jun 6, 2024.

Analyst Ratings

The average analyst rating for CAE Inc. stock from 3 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	2	2	2	2	2	1
Buy	1	1	1	1	1	1
Hold	2	2	2	2	2	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	5	5	5	5	5	3

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sheila Kahyaoglu Jefferies	Jefferies	Hold Initiates $21	Hold	Initiates	$21	-11.02%	Jun 6, 2024
Cameron Doerksen National Bank Financial Inc	National Bank Financial Inc	Buy Maintains $34 → $32	Buy	Maintains	$34 → $32	+35.59%	Apr 16, 2024
Noah Poponak Goldman Sachs	Goldman Sachs	Strong Buy Maintains $25 → $29	Strong Buy	Maintains	$25 → $29	+22.88%	Apr 16, 2024
Ronald Epstein B of A Securities	B of A Securities	Hold Maintains $33 → $37	Hold	Maintains	$33 → $37	+56.78%	Aug 15, 2023
Tim James TD Securities	TD Securities	Strong Buy Maintains $37 → $39	Strong Buy	Maintains	$37 → $39	+65.25%	Aug 10, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

4.68B

from 4.28B

9.27%

from 4.28B

Revenue Next Year

5.04B

from 4.68B

7.59%

from 4.68B

EPS This Year

1.23

from -0.96

EPS Next Year

1.46

from 1.23

18.12%

from 1.23

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Mar 31, 2020	Mar 31, 2021	Mar 31, 2022	Mar 31, 2023	Mar 31, 2024	Mar 31, 2025	Mar 31, 2026	Mar 31, 2027
Revenue	3.62B	2.98B	3.37B	4.01B	4.28B	4.68B	5.04B	5.33B
Revenue Growth	9.66%	-17.70%	13.06%	18.96%	6.79%	9.27%	7.59%	5.86%
EPS	1.16	-0.17	0.45	0.70	-0.96	1.23	1.46	1.70
EPS Growth	-5.69%	-	-	54.80%	-	-	18.12%	16.80%
Forward PE	-	-	-	-	-	27.35	23.15	19.82
No. Analysts	-	-	-	-	-	13	13	8

Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	4.9B	5.4B	5.7B
Avg	4.7B	5.0B	5.3B
Low	4.5B	4.8B	5.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	14.8%	14.4%	13.3%
Avg	9.3%	7.6%	5.9%
Low	5.0%	2.9%	-0.8%

EPS Forecast

EPS	2025	2026	2027
High	1.35	1.59	1.87
Avg	1.23	1.46	1.70
Low	1.17	1.35	1.53

EPS Growth

EPS Growth	2025	2026	2027
High	-	28.7%	28.4%
Avg	-	18.1%	16.8%
Low	-	9.7%	5.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.