AIR CANADA (AC.CA) Forecast, Price Target & Analyst Ratings

TSX:AC • CA0089118776

Current stock price

18.01 CAD
-0.51 (-2.75%)
Last:

Analyst forecast overview

View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for AIR CANADA (AC.CA).

Forecast Snapshot

Consensus Price Target

Price Target
CA$24.09
+ 33.75% Upside
→ Price target details

Next Earnings Forecast

Earnings Estimate
Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
-CA$0.44
Revenue Estimate
5.524B
→ Full earnings forecast details

ChartMill Buy Consensus

Rating
75.83%
Weighted Analyst Rating Score
→ Analyst Ratings details

Price Target Details & History

Consensus Price Target and Range

Mean target
CA$24.09
Upside
+ 33.75%
From current price of CA$18.01 to mean target of CA$24.09, Based on 24 analyst forecasts
Low
CA$19.19
Median
CA$22.44
High
CA$34.65

Price Target Revisions

1 Month
-8.63%
3 Months
-4.52%

Price Target Summary

24 Wall Street analysts provided a forecast for the next 12 months for AC.CA. The average price target is 24.09 CAD. This implies a price increase of 33.75% is expected in the next year compared to the current price of 18.01.
The average price target has been revised downward by 4.52% in the past 3 months.
→ Find peer stocks trading 30% below analyst price target

Analyst Ratings & History

Current Analyst Ratings

AC Current Analyst RatingAC Current Analyst Buy, Sell and Hold Ratings.Current Analyst Rating Strong Buy Buy Hold Sell Strong Sell 2 4 6 8

Analyst Ratings History

AC Historical Analyst RatingsAC Historical Analyst Buy, Sell and Hold Ratings and number of analysts.Historical Monthly Analyst Rating -19 -17 -15 -13 -11 -9 -7 -5 -3 -1 5 10 15 20

Analyst Ratings Consensus

ChartMill Buy Consensus
75.83%
AC.CA was analyzed by 24 analysts. The buy percentage consensus is at 76. So analysts seem to be have mildly positive about AC.CA.
In the previous month the buy percentage consensus was at a similar level.
AC.CA was analyzed by 24 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
→ Find peer stocks with a buy consensus above 85%

Recent Upgrades & Downgrades

DateFirmActionFrom → To
2026-03-02STIFEL CANADAMaintains Buy -> Buy
2025-12-12Veritas Investment ResearchMaintains Buy -> Buy
2025-09-16STIFEL CANADAMaintains Buy -> Buy
2023-12-22Veritas Investment ResearchMaintains Buy -> Buy
2023-12-21TD CowenMaintains Outperform -> Outperform
2023-12-20CIBC Capital MarketsMaintains Outperform -> Outperform
2023-08-29TD CowenMaintains Outperform -> Outperform
2022-12-15STA ResearchMaintains Hold
2022-12-14CIBC Capital MarketsUpgrade
2022-11-16TD ResearchUpgrade Buy
2022-11-07Raymond James CapitalUpgrade
2022-10-31RBC RoyalbankUpgrade Sector Perform
2022-10-31TD ResearchMaintains Buy
2022-10-31Scotiabank CapitalDowngrade Outperform
2022-10-31Cormark SecuritiesUpgrade
2022-10-31CitigroupUpgrade
2022-10-28CIBC Capital MarketsMaintains Outperform
2022-10-25National Bank of Canada FinancialDowngrade Outperform
2022-10-25STA ResearchMaintains Hold
2022-10-24RBC RoyalbankUpgrade
2022-10-13BMO FinancialDowngrade
2022-10-07CIBC Capital MarketsUpgrade
2022-10-07STA ResearchDowngrade Hold
2022-09-29Morningstar Inc.Maintains Buy
2022-09-23STA ResearchReiterate Hold

Next Earnings Forecast Details

Next Earnings Details

Release Date
Apr 30, 2026
Period
Q1 / 2026
EPS Estimate
-CA$0.44
Revenue Estimate
5.524B
Revenue Q2Q
6.31%
EPS Q2Q
1.93%
Number of Analysts
16

Next Earnings Revisions

Revenue (1 Month)
0.77%
Revenue (3 Months)
-1.41%
EPS (1 Month)
7.01%
EPS (3 Months)
4.55%

Next Earnings Summary

AC.CA is expected to report earnings on 4/30/2026. The consensus EPS estimate for the next earnings is -0.44 CAD and the consensus revenue estimate is 5.52B CAD.
The next earnings revenue estimate has been revised downward by 1.41% in the past 3 months.
→ Find peers expecting at least 20% revenue growth next quarter

Full Analyst Estimates 2026 - 2030

Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates

2023 2024 2025 2026 2027 2028 2029 2030
Revenue
YoY % growth
AC.CA revenue by date.AC.CA revenue by date.
21.833B
31.87%		22.255B
1.93%		22.372B
0.53%		24.557B
9.77%		25.989B
5.83%		27.841B
7.13%		29.157B
4.73%		27.975B
-4.05%
EBITDA
YoY % growth
AC.CA ebitda by date.AC.CA ebitda by date.
3.982B
173.30%		3.062B
-23.10%		3.124B
2.02%		3.301B
5.67%		3.913B
18.54%		4.339B
10.89%		4.799B
10.60%		3.841B
-19.96%
EBIT
YoY % growth
AC.CA ebit by date.AC.CA ebit by date.
2.279B
1,345.36%		1.263B
-44.58%		1.112B
-11.96%		1.275B
14.66%		1.355B
6.27%		1.595B
17.71%		2.943B
84.51%		1.033B
-64.90%
Operating Margin
AC.CA operating margin by date.AC.CA operating margin by date.
10.44%5.68%4.97%5.19%5.21%5.73%10.09%3.69%
EPS
YoY % growth
AC.CA eps by date.AC.CA eps by date.
4.61
250.16%		3.53
-23.43%		1.55
-56.09%		1.48
-4.40%		2.33
57.34%		3.05
30.83%		4.52
48.11%		1.00
-77.80%

All data in CAD

Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates

Q1 / 26 Q2 / 26 Q3 / 26 Q4 / 26 Q1 / 27 Q2 / 27 Q3 / 27 Q4 / 27 Q1 / 28 Q2 / 28 Q3 / 28 Q4 / 28
EPS
Q2Q % growth		-0.44
1.93%		0.32
-45.99%		0.77
2.66%		0.06
-91.15%		-0.69
-56.37%		0.87
169.37%		1.71
122.07%		0.72
1,153.81%		-0.73
-5.47%		1.18
34.91%		2.25
31.33%		0.83
15.71%
Revenue
Q2Q % growth		5.524B
6.31%		6.286B
11.61%		6.647B
15.12%		6.203B
7.50%		5.957B
7.84%		6.589B
4.82%		6.948B
4.53%		6.631B
6.90%		6.229B
4.57%		6.956B
5.57%		7.572B
8.98%		7.08B
6.77%
EBITDA
Q2Q % growth		475.85M
22.96%		797.99M
-43.16%		991.14M
-49.09%		734.44M
-68.84%		452.57M
-4.89%		1.125B
40.98%		1.304B
31.57%		1.033B
40.65%		529.52M
17.00%		1.209B
7.47%		1.483B
13.73%		1.184B
14.62%
EBIT
Q2Q % growth		-68.314M
36.75%		247.52M
-40.78%		416.89M
-8.78%		283.25M
-17.90%		-69.01M
-1.02%		472.77M
91.00%		673.11M
61.46%		452.17M
59.64%		59.74M
186.57%		691.13M
46.19%		827.09M
22.88%		714.82M
58.09%

All data in CAD

Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data

AC.CA Yearly Revenue VS EstimatesAC.CA Yearly Revenue VS EstimatesYearly Revenue VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 5B 10B 15B 20B 25B
AC.CA Yearly EPS VS EstimatesAC.CA Yearly EPS VS EstimatesYearly EPS VS Estimates 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 2028 2029 2030 0 -5 -10

Long Term Forward Growth Forecast Summary

Long Term EPS Growth (CAGR)

EPS Next 3 Year
25.31%
EPS Next 5 Year
-8.34%

Long Term Revenue Growth (CAGR)

Revenue Next 3 Year
6.86%
Revenue Next 5 Year
4.16%

Long Term EBIT Growth (CAGR)

EBIT Next 3 Year
62.35%
EBIT Next 5 Year
30.52%
→ Find peers expecting at least 20% CAGR revenue growth over the next 3 years

AIR CANADA / AC.CA Forecast FAQ

What is the price target for AC stock?

24 analysts have analysed AC.CA and the average price target is 24.09 CAD. This implies a price increase of 33.75% is expected in the next year compared to the current price of 18.01.

Can you provide the upcoming earnings date for AIR CANADA?

AIR CANADA (AC.CA) will report earnings on 2026-04-30, before the market open.

What are the consensus estimates for AC stock next earnings?

The consensus EPS estimate for the next earnings of AIR CANADA (AC.CA) is -0.44 CAD and the consensus revenue estimate is 5.52B CAD.

What is the expected long term growth rate for AIR CANADA (AC.CA)?

The expected long term growth rate for AIR CANADA (AC.CA) is 6.86%.