FY2026 Earnings Estimate for Air Canada Issued By Scotiabank

Air Canada (TSE:AC) – Analysts at Scotiabank increased their FY2026 earnings per share estimates for Air Canada in a report issued on Thursday, February 19th. Scotiabank analyst K. Gupta now forecasts that the company will post earnings of $2.02 per share for the year, up from their previous estimate of $1.40. Scotiabank has a “Outperform” rating and a $27.00 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 research firms also recently commented on AC. UBS Group upgraded shares of Air Canada to a “hold” rating in a research note on Tuesday, November 18th. Royal Bank Of Canada set a C$25.00 price objective on Air Canada and gave the stock an “outperform” rating in a research note on Tuesday, November 25th. Canadian Imperial Bank of Commerce raised their price target on shares of Air Canada from C$23.00 to C$24.00 in a research note on Wednesday, January 21st. Stifel Nicolaus raised their price target on Air Canada from C$24.00 to C$28.00 and gave the company a “buy” rating in a report on Tuesday, February 17th. Finally, Raymond James Financial lowered Air Canada from a “moderate buy” rating to a “hold” rating in a report on Tuesday, February 17th. Eight research analysts have rated the stock with a Buy rating, four have given a Hold rating and one has issued a Sell rating to the stock. According to MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of C$24.85.

Air Canada Stock Up 0.2%

TSE AC opened at C$21.03 on Monday. The business has a 50 day moving average price of C$19.69 and a two-hundred day moving average price of C$19.05. The stock has a market cap of C$6.23 billion, a PE ratio of 11.31, a P/E/G ratio of 0.02 and a beta of 1.59. Air Canada has a fifty-two week low of C$12.69 and a fifty-two week high of C$23.72. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00.

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.