TSE:CJT
Cargojet Inc (CJT.TO)
Financials 
Technical Analysis 
Jul 26, 2026, 12:00 amThis summary was created by AI, based on 12 opinions in the last 12 months.
Cargojet Inc (CJT-T) is experiencing a challenging period, with analysts noting a mix of opportunities and headwinds. The company benefits from strong air freight and international traffic, which helps mitigate cyclicality, yet faces declining trucking volumes and the effects of tariffs, contributing to a cautious outlook. Despite a solid performance during the COVID years, recent numbers have led to a drop in stock price, causing some experts to view it as a buying opportunity, particularly given its low price-to-earnings ratio. The stock is considered to have good long-term potential, especially if the Canadian economy improves and demand normalizes in the transportation sector. Overall, while some analysts encourage patience, others caution about short-term volatility and demand uncertainties.
They recently did a deal with AMZN-Q. This is overnight eCommerce packages to 14 different cities in Canada. This is the cleanest way to play eCommerce in Canada. Margins are close to 30% and they did a good job of expanding their fleet. AMZN-Q will be a shareholder. (Analysts’ price target is $114.91)
Bryden Teich
They struck a deal with Amazon, who will continue to outsource their deliveries within Canada. It has a 23% upside. (Analysts’ price target is $115.40)
Robert McWhirterIt had an uptrend this year, especially after the Amazon deal, but has recently pulled back. We could see further weakness. Seasonality begins later in October.
They dominate parcel delivery within Canada. They just got a big contract with AMZN-Q. If we head into a slowdown in the next while then you will find better entry levels in this stock to come.
A great stock to own over the past 3-4 years. Freight movement will only increase. There is some concern that their growth rate will begin to slow, since they already won Amazon's business. He would wait to buy on weakness.
We owned this till he thought it was fully valued. They have a monopoly with their Air Canada contract. He admits he didn't think CJT could continue to execute. This is good to hold a long time.
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It's had a decent year and it well-positioned. It's too rich to enter now, so wait for a pullback. There's still debate over how Amazon's shipping plans will effect the transport sector; shipping is very expensive for Amazon.