FY2026 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Scotiabank issued their FY2026 EPS estimates for Air Canada in a report issued on Wednesday, January 8th. Scotiabank analyst K. Gupta expects that the company will post earnings per share of $2.18 for the year. Scotiabank has a “Outperform” rating and a $29.00 price target on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

A number of other equities research analysts also recently issued reports on AC. CIBC increased their price target on Air Canada from C$27.00 to C$28.00 in a research report on Wednesday, December 4th. Stifel Nicolaus increased their target price on Air Canada from C$25.50 to C$28.00 and gave the stock a “buy” rating in a report on Friday, December 20th. Cormark boosted their price target on Air Canada from C$26.75 to C$29.50 in a research note on Wednesday, December 18th. BMO Capital Markets increased their price objective on shares of Air Canada from C$29.00 to C$31.00 in a research note on Wednesday, December 18th. Finally, Canaccord Genuity Group boosted their target price on shares of Air Canada from C$25.00 to C$29.00 in a research report on Monday, November 4th. Two equities research analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has issued a strong buy rating to the company’s stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus target price of C$26.60.

Air Canada Stock Performance

Shares of TSE:AC opened at C$22.01 on Thursday. The company has a quick ratio of 1.06, a current ratio of 0.85 and a debt-to-equity ratio of 1,070.99. Air Canada has a 12-month low of C$14.47 and a 12-month high of C$26.18. The company’s 50 day moving average price is C$23.46 and its two-hundred day moving average price is C$18.97. The firm has a market cap of C$7.89 billion, a PE ratio of 4.91, a PEG ratio of 0.02 and a beta of 2.39.

Insider Buying and Selling

In related news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the stock in a transaction on Thursday, December 19th. The stock was sold at an average price of C$21.71, for a total value of C$130,246.80. 0.14% of the stock is currently owned by corporate insiders.

About Air Canada

Air Canada provides domestic, U.S. transborder, and international airline services. The company provides scheduled passenger services under the Air Canada Vacations and Air Canada Rouge brand names in the Canadian market, the Canada-U.S. transborder market, and in the international market to and from Canada, as well as through capacity purchase agreements on other regional carriers.