Scotiabank Estimates Air Canada’s FY2026 Earnings (TSE:AC)

Air Canada (TSE:AC) – Stock analysts at Scotiabank issued their FY2026 EPS estimates for shares of Air Canada in a research report issued to clients and investors 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 objective on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

Several other analysts have also recently weighed in on the company. Citigroup lowered their price target on Air Canada from C$28.50 to C$26.50 and set a “buy” rating on the stock in a report on Monday, December 30th. CIBC boosted their price target on shares of Air Canada from C$27.00 to C$28.00 in a research note on Wednesday, December 4th. Canaccord Genuity Group raised their price objective on shares of Air Canada from C$25.00 to C$29.00 in a research report on Monday, November 4th. Jefferies Financial Group increased their target price on Air Canada from C$22.00 to C$23.00 in a research note on Monday, January 6th. Finally, TD Cowen boosted their target price on Air Canada to C$25.00 and gave the stock a “buy” rating in a research report on Wednesday, November 6th. Two research analysts have rated the stock with a hold rating, eleven have given a buy rating and one has given a strong buy rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Moderate Buy” and a consensus target price of C$26.60.

Air Canada Trading Down 0.5 %

Shares of AC stock opened at C$21.91 on Thursday. The company has a market capitalization of C$7.85 billion, a PE ratio of 4.89, a price-to-earnings-growth ratio of 0.02 and a beta of 2.39. Air Canada has a 52-week low of C$14.47 and a 52-week high of C$26.18. The business’s fifty day moving average is C$23.46 and its 200 day moving average is C$19.00. The company has a debt-to-equity ratio of 1,070.99, a quick ratio of 1.06 and a current ratio of 0.85.

Insider Activity

In other Air Canada news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the firm’s stock in a transaction dated Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total value of C$130,246.80. Insiders own 0.14% of the company’s stock.

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.