TSE:AC

Air Canada (AC.TO)

24.84
-0.53 (2.09%)
as of Jul 8, 2026, 8:00:00 pm Market Open.
757 watching
0
Investor Insights
star iconJul 8, 2026, 12:00 am

This summary was created by AI, based on 20 opinions in the last 12 months.

Air Canada (AC-T) has garnered mixed reviews from experts, reflecting the volatility and unpredictability of the airline industry. Several analysts emphasize its potential for long-term gains, citing a strong recovery in passenger demand and strategic international routes as positive indicators. However, concerns persist regarding the impact of high fuel prices, geopolitical tensions, and labor disputes. While some see significant upside potential due to its current valuation being lower than historical norms and its U.S. counterparts, others express skepticism about its operational efficiency and competitive standing. The recent announcements of direct international routes and a growing cash reserve position contribute to a cautiously optimistic outlook, yet analysts urge vigilance due to the cyclical nature and inherent risks within the airline sector.

consensus icon
Consensus
Cautious
valuation icon
Valuation
Undervalued
review icon
Similar
UAL
DON'T BUY

Airlines are a difficult business. Capital intensive, lots of regulation. He avoids investing. Strong balance sheet. Profitability trails the market. Wait for profitability to return and revisit.

PAST TOP PICK
(A Top Pick Feb 18/22, Down 12%) He's been buying more over the last 12 months. Travel demand still strong. US peers still reporting strong numbers. AC should have another good 12 months ahead. China reopening is good, as it's #2 for inbound traffic to Canada.
DON'T BUY
Flights have bounced back, though not business travel. Ticket prices are high, which favours all airlines. Competition may reduce prices a little later. Now into mid-April is seasonal. The chart shows a base around $16. The oil price isn't crazy, which is good. Warning: consumers are having trouble spending which debts and interest rates rising, and unemployment ticking up. Airlines aren't good stock long term because they need huge capital outlays and are volatile.
DON'T BUY
Cyclical, volatile. She doesn't invest in the sector. Air traffic has bounced back. Fuel cost headwinds are less. But if you think we're going into a major slowdown, don't want to own airlines.
BUY
Suffers from high-fixed costs. But more people are and will be travelling, so the view is optimistic. He prefers Air Canada among airlines. Their service levels are improving.
TOP PICK
Cleared the 200-day MA yesterday. Looks really constructive. If you zoom in on a 1-year chart, you can see a semi-triangle pattern, and you match it with the price action. Buyers are stepping in making it a higher low each time, telling you there's demand. Breakout above resistance around $19.60 sets up next resistance around $22, 10% upside. No dividend. (Analysts’ price target is $27.20)
BUY ON WEAKNESS
Q3 was a solid beat. Margin guidance was unchanged. Consumers are flying more, so demand is good. AC is cheap at 8.9x 2024. The problem is their high debt level, but expects it to come down. Has higher to go.
BUY
Seeing company form a base and believe strong upside coming. Good to by shares now. Will reclaim highs on the stock.
SELL ON STRENGTH
Difficult business and industry. Capital intensive, lots of government regulation and competition. Not a lot of equity. Confusing capital structure. When the stock pops, take profit and deploy cash somewhere else.
COMMENT
He is not a fan of airlines. The recent results were very good but it can be very volatile. It is fairly priced and he prefers to own debt. The government has a stake in it.
WEAK BUY
Down about 39% from highs. Lower lows and lower highs. Pent-up demand for leisure travel, business travel is behind. Once that picks up, AC could benefit. Oil prices are headwinds.
WAIT
A deep cyclical. Returning to travel trend is positive, but negative are rising rates and less spending. It will probably get hit hard. Watch and wait.
DON'T BUY
Airlines have struggled through pandemic. Expecting recovery with post pandemic travel. Lots of pent up demand for travel. First quarter was a loss for the company. Stock is down 15% YTD. Lifting of Federal mask mandate is good for the business.
BUY ON WEAKNESS
Prospects for travel look good. Post Covid-19 will increase demand for travel. Company is good position to increase revenue. Fixed costs are a concern. Expect volatility on shares.
WAIT
Struggling. If you own it, too late to sell, so hold on. Airport delays, higher fuel costs. Under the 200-day MA, which is trending downwards. Wait for more stability in the economy to start a position.
Showing 121 to 135 of 575 entries