CAE Inc. (CAE)
NYSE: CAE · IEX Real-Time Price · USD
18.47
-0.14 (-0.75%)
At close: Jul 19, 2024, 4:00 PM
18.55
+0.08 (0.43%)
After-hours: Jul 20, 2024, 12:57 PM EDT
CAE Inc. Stock Forecast
Stock Price Forecast
The 5 analysts with 12-month price forecasts for CAE Inc. stock have an average target of 31.6, with a low estimate of 21 and a high estimate of 39. The average target predicts an increase of 71.09% from the current stock price of 18.47.
Analyst Consensus: Buy
* Price targets were last updated on Jun 6, 2024.
Analyst Ratings
The average analyst rating for CAE Inc. stock from 5 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 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 | Jul '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 2 | 2 | 2 | 2 | 2 | 2 |
| Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Hold | 1 | 1 | 1 | 1 | 2 | 2 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 4 | 4 | 4 | 4 | 5 | 5 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Jefferies | Jefferies | Hold Initiates $21 | Hold | Initiates | $21 | +13.70% | Jun 6, 2024 |
| National Bank Financial Inc | National Bank Financial Inc | Buy Maintains $34 → $32 | Buy | Maintains | $34 → $32 | +73.25% | Apr 16, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Maintains $25 → $29 | Strong Buy | Maintains | $25 → $29 | +57.01% | Apr 16, 2024 |
| B of A Securities | B of A Securities | Hold Maintains $33 → $37 | Hold | Maintains | $33 → $37 | +100.32% | Aug 15, 2023 |
| TD Securities | TD Securities | Strong Buy Maintains $37 → $39 | Strong Buy | Maintains | $37 → $39 | +111.15% | Aug 10, 2023 |
Financial Forecast
Revenue This Year
4.64B
from 4.28B
Increased by 8.39%
Revenue Next Year
4.92B
from 4.64B
Increased by 5.88%
EPS This Year
1.24
from -0.95
EPS Next Year
1.48
from 1.24
Increased by 19.42%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 5.0B | 5.2B | 5.6B | 5.9B |
| Avg | 4.6B | 4.9B | 5.2B | 5.7B |
| Low | 4.5B | 4.6B | 4.8B | 5.5B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 15.8% | 11.8% | 13.2% | 12.5% |
| Avg | 8.4% | 5.9% | 6.4% | 8.2% |
| Low | 4.1% | 0.2% | -3.0% | 5.0% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 1.34 | 1.65 | 1.97 | 2.01 |
| Avg | 1.24 | 1.48 | 1.73 | 1.93 |
| Low | 1.15 | 1.30 | 1.48 | 1.87 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | - | 33.3% | 33.5% | 16.0% |
| Avg | - | 19.4% | 17.1% | 11.6% |
| Low | - | 5.4% | -0.1% | 8.3% |
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.