Atb Cap Markets Predicts Air Canada’s Q3 Earnings (TSE:AC)

Air Canada (TSE:AC) – Equities researchers at Atb Cap Markets decreased their Q3 2025 earnings per share estimates for Air Canada in a report released on Sunday, May 11th. Atb Cap Markets analyst C. Murray now anticipates that the company will earn $1.60 per share for the quarter, down from their prior forecast of $2.02. The consensus estimate for Air Canada’s current full-year earnings is $2.58 per share. Atb Cap Markets also issued estimates for Air Canada’s Q4 2025 earnings at $0.10 EPS, Q1 2026 earnings at ($0.11) EPS, Q2 2026 earnings at $0.91 EPS, Q3 2026 earnings at $1.91 EPS, Q4 2026 earnings at $0.35 EPS and FY2026 earnings at $3.02 EPS.

A number of other equities research analysts have also recently issued reports on AC. Raymond James decreased their target price on Air Canada from C$28.00 to C$24.00 in a research report on Tuesday, May 6th. Scotiabank decreased their target price on Air Canada from C$25.00 to C$21.00 and set an “outperform” rating for the company in a research report on Wednesday, April 9th. Royal Bank of Canada raised Air Canada from a “sector perform” rating to an “outperform” rating and upped their target price for the stock from C$16.00 to C$25.00 in a research report on Monday. Stifel Nicolaus upped their target price on Air Canada from C$22.00 to C$23.00 in a research report on Monday. Finally, Jefferies Financial Group lowered Air Canada from a “hold” rating to an “underperform” rating and cut their price target for the stock from C$18.00 to C$12.00 in a report on Tuesday, April 1st. One investment analyst has rated the stock with a sell rating, one has given a hold rating, eleven have assigned a buy rating and one has given a strong buy rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of C$24.31.

Air Canada Stock Up 1.0%

Shares of Air Canada stock opened at C$18.80 on Wednesday. The stock has a market capitalization of C$6.71 billion, a P/E ratio of 2.65, a PEG ratio of 0.02 and a beta of 2.39. The company has a quick ratio of 1.06, a current ratio of 0.92 and a debt-to-equity ratio of 400.00. The stock has a 50 day moving average price of C$14.81 and a two-hundred day moving average price of C$18.94. Air Canada has a 12-month low of C$12.69 and a 12-month high of C$26.18.

Insider Activity at Air Canada

In related news, Director Vagn Sorensen purchased 11,440 shares of the stock in a transaction on Wednesday, February 19th. The shares were purchased at an average cost of C$17.40 per share, for a total transaction of C$199,057.14. Also, Senior Officer Craig Landry purchased 7,909 shares of the stock in a transaction on Monday, March 31st. The stock was bought at an average price of C$13.99 per share, for a total transaction of C$110,646.91. Over the last ninety days, insiders bought 32,993 shares of company stock worth $538,251. 0.14% of the stock is owned by corporate insiders.

Air Canada Company Profile

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.