Stifel Canada Estimates Air Canada FY2026 Earnings

Air Canada (TSE:AC) – Research analysts at Stifel Canada issued their FY2026 earnings estimates for shares of Air Canada in a research note issued to investors on Thursday, December 19th. Stifel Canada analyst D. Young forecasts that the company will earn $2.98 per share for the year. Stifel Canada has a “Strong-Buy” rating on the stock. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. increased their price target on Air Canada from C$32.00 to C$34.00 in a research report on Monday, November 4th. Stifel Nicolaus raised their price target on shares of Air Canada from C$25.50 to C$28.00 and gave the company a “buy” rating in a research note on Friday, December 20th. Scotiabank upped their target price on shares of Air Canada from C$26.50 to C$29.00 and gave the stock an “outperform” rating in a report on Wednesday, December 18th. Raymond James raised shares of Air Canada to a “moderate buy” rating in a research note on Tuesday, December 17th. Finally, Canaccord Genuity Group increased their price target on Air Canada from C$25.00 to C$29.00 in a report on Monday, November 4th. Two analysts have rated the stock with a hold rating, eleven have assigned a buy rating and one has assigned a strong buy rating to the company’s stock. According to MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of C$26.67.

Air Canada Stock Performance

AC opened at C$22.24 on Monday. Air Canada has a 1 year low of C$14.47 and a 1 year high of C$26.18. The company has a debt-to-equity ratio of 1,070.99, a current ratio of 0.85 and a quick ratio of 1.06. The firm has a fifty day moving average price of C$22.34 and a 200 day moving average price of C$18.56. The stock has a market cap of C$7.97 billion, a P/E ratio of 4.96, a P/E/G ratio of 0.02 and a beta of 2.39.

Insider Activity

In related news, Senior Officer Arielle Meloul-Wechsler sold 6,000 shares of the business’s stock in a transaction that occurred on Thursday, December 19th. The shares were sold at an average price of C$21.71, for a total transaction of C$130,246.80. 0.14% of the stock is owned by 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.