National Bank Financial Weighs in on Air Canada Q3 Earnings

Air Canada (TSE:AC) – Stock analysts at National Bank Financial issued their Q3 2025 earnings estimates for Air Canada in a research report issued on Tuesday, July 29th. National Bank Financial analyst C. Doerksen forecasts that the company will post earnings of $1.72 per share for the quarter. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. National Bank Financial also issued estimates for Air Canada’s FY2025 earnings at $2.01 EPS and FY2026 earnings at $2.49 EPS.

Several other analysts also recently commented on the stock. ATB Capital boosted their target price on shares of Air Canada from C$31.00 to C$32.00 and gave the stock an “outperform” rating in a research report on Wednesday. BMO Capital Markets decreased their target price on shares of Air Canada from C$31.00 to C$29.00 and set an “outperform” rating for the company in a research report on Thursday, April 3rd. Citigroup set a C$25.00 target price on shares of Air Canada and gave the stock a “buy” rating in a research report on Monday, June 30th. CIBC decreased their target price on shares of Air Canada from C$24.00 to C$21.00 in a research report on Thursday, April 10th. Finally, Canaccord Genuity Group boosted their target price on shares of Air Canada from C$27.00 to C$28.00 and gave the stock a “buy” rating in a research report on Wednesday. One equities research analyst has rated the stock with a sell rating, one has assigned a hold rating, nine have issued a buy rating and one has assigned a strong buy rating to the company’s stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$25.63.

Air Canada Stock Performance

Shares of AC opened at C$19.30 on Thursday. The company’s 50 day moving average price is C$20.26 and its 200 day moving average price is C$17.79. Air Canada has a 52 week low of C$12.69 and a 52 week high of C$26.18. The company has a market capitalization of C$6.88 billion, a PE ratio of 2.72, a PEG ratio of 0.02 and a beta of 2.39. The company has a debt-to-equity ratio of 400.00, a quick ratio of 1.06 and a current ratio of 0.92.

About Air Canada

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.