CAE Inc. (CAE)
NYSE: CAE · Real-Time Price · USD
22.69
+0.22 (0.98%)
Nov 20, 2024, 4:00 PM EST - Market closed

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 20.45% from the current stock price of 22.69.

Analyst Consensus: Buy
Target Low Average Median High
Price $21 $27.33 $29 $32
Change -7.45% +20.45% +27.81% +41.03%
* 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 Jun '24Jul '24Aug '24Sep '24Oct '24Nov '24
Strong Buy 222221
Buy 111111
Hold 222221
Sell 000000
Strong Sell 000000
Total 555553

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
Jefferies
Jefferies
Hold
Initiates
$21
Hold Initiates $21 -7.45% Jun 6, 2024
National Bank Financial Inc
National Bank Financial Inc
Buy
Maintains
$34$32
Buy Maintains $34$32 +41.03% Apr 16, 2024
Goldman Sachs
Goldman Sachs
Strong Buy
Maintains
$25$29
Strong Buy Maintains $25$29 +27.81% Apr 16, 2024
B of A Securities
B of A Securities
Hold
Maintains
$33$37
Hold Maintains $33$37 +63.07% Aug 15, 2023
TD Securities
TD Securities
Strong Buy
Maintains
$37$39
Strong Buy Maintains $37$39 +71.88% Aug 10, 2023
More Analyst Ratings

Financial Forecast

Revenue This Year
4.63B
from 4.28B
Increased by 8.04%
Revenue Next Year
4.90B
from 4.63B
Increased by 5.99%
EPS This Year
1.19
from -0.96
EPS Next Year
1.42
from 1.19
Increased by 19.29%
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
3.62B2.98B3.37B4.01B4.28B4.63B4.90B5.24B
Revenue Growth
9.66%-17.70%13.06%18.96%6.79%8.04%5.99%6.75%
EPS
1.16-0.170.450.70-0.961.191.421.68
EPS Growth
-5.69%--54.80%--19.29%18.02%
Forward PE
-----26.6322.3218.92
No. Analysts -----13137
Financial currency is CAD. Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 4.9B 5.2B 5.6B
Avg 4.6B 4.9B 5.2B
Low 4.4B 4.7B 4.9B

Revenue Growth

Revenue Growth 2024202520262027
High
13.6%
13.0%
13.7%
Avg
8.0%
6.0%
6.7%
Low
3.4%
0.8%
-0.2%

EPS Forecast

EPS 2024202520262027
High 1.29 1.61 1.88
Avg 1.19 1.42 1.68
Low 1.10 1.26 1.43

EPS Growth

EPS Growth 2024202520262027
High -
35.0%
32.4%
Avg -
19.3%
18.0%
Low -
6.3%
0.9%
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.