CAE Inc. (CAE)

CAE Inc. Stock Forecast

Stock Price Forecast

The 4 analysts with 12-month price forecasts for CAE Inc. stock have an average target of 34.25, with a low estimate of 29 and a high estimate of 39. The average target predicts an increase of 83.84% from the current stock price of 18.63.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$29	$34.25	$37	$39
Change	+55.66%	+83.84%	+98.60%	+109.34%

Analyst Ratings

The average analyst rating for CAE Inc. stock from 4 stock analysts 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 '23	Dec '23	Jan '24	Feb '24	Mar '24	Apr '24
Strong Buy	2	2	2	2	2	2
Buy	1	1	1	1	1	1
Hold	1	1	1	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	4	4	4	4	4	4

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Cameron Doerksen National Bank Financial Inc	National Bank Financial Inc	Buy Maintains $34 → $32	Buy	Maintains	$34 → $32	+71.77%	Apr 16, 2024
Noah Poponak Goldman Sachs	Goldman Sachs	Strong Buy Maintains $25 → $29	Strong Buy	Maintains	$25 → $29	+55.66%	Apr 16, 2024
Ronald Epstein B of A Securities	B of A Securities	Hold Maintains $33 → $37	Hold	Maintains	$33 → $37	+98.60%	Aug 15, 2023
Tim James TD Securities	TD Securities	Strong Buy Maintains $37 → $39	Strong Buy	Maintains	$37 → $39	+109.34%	Aug 10, 2023
Noah Poponak Goldman Sachs	Goldman Sachs	Strong Buy Maintains $27 → $30	Strong Buy	Maintains	$27 → $30	+61.03%	Aug 10, 2023

More Analyst Ratings

Financial Forecast

Revenue This Year

4.57B

Increased by 8.82%

from 4.20B

Revenue Next Year

4.80B

Increased by 4.88%

from 4.57B

EPS This Year

1.19

Increased by 69.34%

from 0.70

EPS Next Year

1.33

Increased by 12.55%

from 1.19

Year	2018	2019	2020	2021	2022	2023	2024	2025	2026	2027
Revenue	3.30B	3.62B	2.98B	3.37B	4.20B	4.57B	4.80B	5.10B	5.49B	5.82B
Revenue Growth	17.02%	9.66%	-17.70%	13.06%	24.68%	8.82%	4.88%	6.27%	7.77%	5.93%
EPS	1.23	1.16	-0.17	0.45	0.70	1.19	1.33	1.62	1.99	2.22
EPS Growth	-3.91%	-5.69%	-	-	55.56%	69.34%	12.55%	21.35%	22.77%	11.62%
No. Analysts	-	-	-	-	-	13	13	8	2	2

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

Revenue Forecast

Revenue	2023	2024	2025	2026	2027
High	4.8B	5.1B	5.4B	5.7B	6.1B
Avg	4.6B	4.8B	5.1B	5.5B	5.8B
Low	4.4B	4.6B	4.8B	5.3B	5.6B

Revenue Growth

Revenue Growth	2023	2024	2025	2026	2027
High	14.8%	11.3%	13.1%	12.0%	10.1%
Avg	8.8%	4.9%	6.3%	7.8%	5.9%
Low	4.0%	0.1%	-0.1%	4.6%	2.8%

EPS Forecast

EPS	2023	2024	2025	2026	2027
High	1.26	1.48	1.86	2.07	2.31
Avg	1.19	1.33	1.62	1.99	2.22
Low	1.13	1.19	1.43	1.93	2.15

EPS Growth

EPS Growth	2023	2024	2025	2026	2027
High	80.0%	24.9%	39.3%	27.6%	16.0%
Avg	69.3%	12.5%	21.3%	22.8%	11.6%
Low	61.0%	0.0%	7.2%	19.1%	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.