FY2026 Earnings Forecast for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Analysts at Scotiabank increased their FY2026 earnings estimates for Air Canada in a research note issued on Thursday, February 19th. Scotiabank analyst K. Gupta now anticipates that the company will post earnings per share of $2.02 for the year, up from their prior forecast of $1.40. Scotiabank has a “Outperform” rating and a $27.00 price objective on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

Other research analysts also recently issued reports about the company. Stifel Nicolaus lifted their target price on Air Canada from C$24.00 to C$28.00 and gave the stock a “buy” rating in a research note on Tuesday, February 17th. UBS Group raised Air Canada to a “hold” rating in a report on Tuesday, November 18th. National Bank Financial upped their price objective on shares of Air Canada from C$24.00 to C$25.00 and gave the company a “sector perform” rating in a report on Tuesday, February 17th. Raymond James Financial cut shares of Air Canada from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, February 17th. Finally, Canadian Imperial Bank of Commerce lifted their target price on shares of Air Canada from C$23.00 to C$24.00 in a report on Wednesday, January 21st. Eight investment analysts have rated the stock with a Buy rating, four have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus target price of C$24.85.

Air Canada Trading Down 1.0%

Air Canada stock opened at C$20.20 on Monday. The stock has a 50-day simple moving average of C$19.76 and a 200 day simple moving average of C$19.06. The stock has a market capitalization of C$5.98 billion, a P/E ratio of 10.86, a PEG ratio of 0.02 and a beta of 1.59. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.06 and a current ratio of 0.92. Air Canada has a 52 week low of C$12.69 and a 52 week high of C$23.72.

Air Canada Company Profile

Air Canada is Canada’s largest airline, generally serving nearly 50 million passengers each year together with its regional partners. Air Canada is a sixth freedom airline, similar to Gulf carriers, which flies many U.S. nationals on long-haul trips with a layover in Canada. In 2019, the company generated CAD 19 billion in total revenue.