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TSE:AC

Air Canada (AC.TO)

29.24
-0.66 (2.21%)
as of Aug 19, 2026, 7:05:17 pm Market Open.
754 watching
0
Investor Insights
star iconAug 19, 2026, 12:00 am

This summary was created by AI, based on 14 opinions in the last 12 months.

Air Canada (AC-T) has received mixed reviews from analysts and experts, highlighting the challenges and opportunities within the airline industry. While some experts express optimism due to an increasing focus on global routes and a strengthening balance sheet, others caution against the unpredictable nature of the airline business, citing high operational costs and sensitivity to economic conditions. Several reviews indicate that the stock is trading at a discount compared to U.S. counterparts, suggesting upside potential if the economic landscape stabilizes. Notably, the recent resolution of labor disputes and improved operational metrics have led to a more favorable outlook. However, ongoing uncertainties related to geopolitical factors and oil prices continue to pose challenges, suggesting potential volatility in the stock's future performance.

consensus icon
Consensus
Mixed
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Valuation
Undervalued
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Similar
WestJet, WJA
PAST TOP PICK

(A Top Pick Jul 27/18, Up 89%) Great job of investing in their business, expanded internationally, grown loyalty plans, new AmEx platform. Great modern fleet. Acquiring Transat. Too late to get in now, based on the economic cycle.

TOP PICK
He focuses a lot on US stocks but we have seen a turn on the Canadian dollar. This is a company in a huge investment cycle that are now shifting to a revenue quality cycle and so can probably improve their margins going forward. The loyalty program is coming back inside the company. This gives them a great growth opportunity. They own all the hubs and charge fees to the other airlines to hop through Canada. (Analysts’ price target is $45.03)
HOLD
He likes the chart and added to their position a few months ago. The recent sharp price move higher is signalling a need for time to digest the move. He expects another move higher shortly.
BUY

Its fair market value is much higher than its stock price. He's followed this a long time. Historically, AC has peaked out twice. If it breaks out over $40, AC could reach $55. You could short the stock when it gets there.

WAIT

Airlines have been very volatile. He is cautious with the airlines. AC has been doing well and their recent Air Transat acquisition should be good if it indeed happens. There is a good prospect of growing earnings over the next couple of years. However, if you believe there is going to be a recession soon, then avoid this stock.

PAST TOP PICK
(A Top Pick Jul 24/18, Up 79%) Globally the aviation industry changed in the last 25 years from being Government owned. A huge company. Well run. It will be a victim of the Boeing issue. Could be some turbulence in the short term. Put just a small position on this one to sleep at night.
DON'T BUY

It will be interesting to see what happens with the acquisition of the Air Transat airline. Everyone is very cost competitive so he does not like airlines. There might be a bump here. If we are serious about climate change, then air travel is a major contributor. There may be a little money to be made short term on the news, but long term he would not touch them. With the Acquisition of WestJet, things are really getting shaken up in the Canadian Airline industry.

BUY ON WEAKNESS

Likes this chart and he has recommended buying AC around $32. The Onex-Westjet news pushed this up, but it will trend down a little. A strong chart.

PAST TOP PICK
(A Top Pick Apr 09/19, Up 20%) He still likes it. Expect choppiness going forward, but long-term looks good. Millennials, who value experiences, will be a tailwind for the airlines.
PARTIAL SELL
When to exit this? If you feel like you should take profits, it's never a bad thing to trim a position. AC is volatile despite making all-time highs. He wishes he owned this. Multiple is still cheap at 3x. It puts up strong quarters. There's a lot to like here. They execute very well.
HOLD
He just sold it. It's had a fine upward trend since 2016. Had good volume today, which was a pullback. No reason to sell it. It may pause this summer, but don't sell.
PAST TOP PICK
(A Top Pick Aug 17/18, Up 31%) Thesis of great investments in the business, de-leveraged, great growth internationally. Sold out about 2 months ago, having met his return targets. Over next few years, estimates are a bit aggressive, and airlines can be fickle.
DON'T BUY
He is reluctant to invest in the airlines. There is an inverse relation to oil price. He believes in the long-term story of the air line world and the rise of the middle class. He fly with them but doesn't own it. (Analysts’ price target is $41.50)
TOP PICK
With this new 4-year cycle, transports will do well including AC. True, we'll continue to see weak world economic data, but this data is always backward-looking while the market looks forward. This ia great chart with a long sideways consolidation, then has broken to the upside. He is targeting $40. (Analysts’ price target is $41.31)
WAIT
Too soon to tell. It's delaying guidance for a reason--they don't know how the Boeing 737 grounding will effect them. He wouldn't be surprised if this uncertainty continues for a few more quarters. But it's a quality company.
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