CAE (CAE) Stock Forecast, Price Target & Predictions
CAE Stock Forecast
CAE stock forecast is as follows: an average price target of $28.33 (represents a 19.18% upside from CAE’s last price of $23.77) and a rating consensus of 'Buy', based on 8 wall street analysts offering a 1-year stock forecast.
CAE Price Target
The average price target for CAE (CAE) is $28.33 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $33.00 to $19.00. This represents a potential 19.18% upside from CAE's last price of $23.77.
CAE Analyst Ratings
According to 8 Wall Street analysts, CAE's rating consensus is 'Buy'. The analyst rating breakdown for CAE stock is 0 'Strong Buy' (0.00%), 4 'Buy' (50.00%), 4 'Hold' (50.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
CAE Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 04, 2024 | Kevin Chiang | CIBC | $33.00 | $23.41 | 40.97% | 38.83% |
| Oct 14, 2024 | Sheila Kahyaoglu | Jefferies | $19.00 | $18.46 | 2.93% | -20.07% |
| Oct 14, 2024 | Fadi Chamoun | BMO Capital | $33.00 | $18.30 | 80.33% | 38.83% |
| Jun 06, 2024 | Sheila Kahyaoglu | Jefferies | $21.00 | $18.70 | 12.30% | -11.65% |
The latest CAE stock forecast, released on Dec 04, 2024 by Kevin Chiang from CIBC, set a price target of $33.00, which represents a 40.97% increase from the stock price at the time of the forecast ($23.41), and a 38.83% increase from CAE last price ($23.77).
CAE Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 3 | 4 |
| Avg Price Target | $33.00 | $28.33 | $26.50 |
| Last Closing Price | $23.77 | $23.77 | $23.77 |
| Upside/Downside | 38.83% | 19.18% | 11.49% |
In the current month, the average price target of CAE stock is $33.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 38.83% increase as opposed to CAE's last price of $23.77. This month's average price target is up 16.48% compared to last quarter, and up 24.53% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 18, 2024 | National Bank | Outperform | Outperform | Hold |
| Oct 14, 2024 | Jefferies | Hold | Hold | Hold |
| Oct 14, 2024 | BMO Capital | Outperform | Outperform | Hold |
| Aug 16, 2024 | Morgan Stanley | Overweight | Equal-Weight | Downgrade |
| Aug 15, 2024 | RBC Capital | Outperform | Outperform | Hold |
| Aug 15, 2024 | Scotiabank | Sector Perform | Sector Perform | Hold |
| Jun 06, 2024 | Jefferies | Hold | Initialise | |
| May 23, 2024 | National Bank | Outperform | Outperform | Hold |
| May 22, 2024 | CIBC | Outperform | Outperform | Hold |
| May 21, 2024 | Desjardins | Hold | Downgrade | |
| Apr 16, 2024 | National Bank | Outperform | Outperform | Hold |
| Dec 12, 2022 | Morgan Stanley | Overweight | Upgrade | |
| Aug 11, 2022 | BMO Capital | Outperform | Outperform | Hold |
| Aug 11, 2022 | RBC Capital | Outperform | Outperform | Hold |
CAE's last stock rating was published by National Bank on Oct 18, 2024. The company gave CAE a "Outperform" rating, the same as its previous rate.
CAE Financial Forecast
CAE Revenue Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $1.26B | $1.02B | $993.20M | $933.30M | $955.00M | $848.70M | $814.90M |
| Avg Forecast | $1.39B | $1.29B | $1.38B | $1.44B | $1.33B | $1.23B | $1.29B | $1.34B | $1.26B | $1.20B | $1.18B | $1.27B | $1.21B | $1.13B | $1.11B | $1.17B | $1.11B | $1.08B | $1.05B | $1.29B | $1.10B | $1.06B | $1.03B | $1.19B | $1.02B | $929.35M | $930.61M | $936.64M | $925.26M | $894.82M |
| High Forecast | $1.44B | $1.33B | $1.42B | $1.49B | $1.37B | $1.27B | $1.33B | $1.39B | $1.31B | $1.24B | $1.22B | $1.31B | $1.25B | $1.17B | $1.15B | $1.22B | $1.15B | $1.12B | $1.09B | $1.34B | $1.17B | $1.09B | $1.07B | $1.23B | $1.06B | $929.35M | $930.61M | $936.64M | $925.26M | $894.82M |
| Low Forecast | $1.34B | $1.24B | $1.32B | $1.38B | $1.27B | $1.18B | $1.23B | $1.29B | $1.21B | $1.15B | $1.14B | $1.22B | $1.16B | $1.08B | $1.06B | $1.12B | $1.03B | $1.04B | $1.01B | $1.24B | $1.04B | $1.03B | $988.51M | $1.14B | $982.63M | $929.35M | $930.61M | $936.64M | $925.26M | $894.82M |
| # Analysts | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 9 | 9 | 4 | 5 | 5 | 10 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.05% | 1.00% | 1.07% | 1.00% | 1.02% | 0.92% | 0.91% |
CAE's average Quarter revenue forecast for Jun 23 based on 7 analysts is $1.03B, with a low forecast of $988.51M, and a high forecast of $1.07B. CAE's average Quarter revenue forecast represents a -18.04% decrease compared to the company's last Quarter revenue of $1.26B (Mar 23).
CAE EBITDA Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 9 | 9 | 4 | 5 | 5 | 10 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $291.30M | $239.10M | $206.60M | $137.30M | $180.30M | $192.60M | $169.30M |
| Avg Forecast | $206.67M | $190.98M | $204.01M | $213.12M | $196.65M | $182.06M | $190.60M | $198.83M | $187.49M | $177.26M | $175.48M | $188.21M | $179.79M | $167.13M | $164.47M | $174.19M | $164.03M | $159.90M | $155.94M | $159.01M | $163.07M | $157.03M | $152.70M | $144.55M | $181.15M | $190.80M | $191.06M | $114.27M | $189.96M | $183.71M |
| High Forecast | $213.89M | $197.65M | $211.13M | $220.57M | $203.51M | $188.42M | $197.26M | $205.77M | $194.03M | $183.45M | $181.61M | $194.78M | $186.07M | $172.96M | $170.22M | $181.46M | $170.96M | $165.48M | $161.39M | $190.81M | $173.28M | $161.32M | $158.03M | $173.46M | $217.38M | $190.80M | $191.06M | $137.12M | $189.96M | $183.71M |
| Low Forecast | $198.39M | $183.33M | $195.84M | $204.58M | $188.77M | $174.77M | $182.97M | $190.86M | $179.98M | $170.16M | $168.45M | $180.67M | $172.58M | $160.43M | $157.88M | $165.89M | $153.19M | $153.49M | $149.69M | $127.20M | $153.67M | $152.69M | $146.58M | $115.64M | $144.92M | $190.80M | $191.06M | $91.42M | $189.96M | $183.71M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 2.02% | 1.32% | 1.08% | 0.72% | 1.58% | 1.01% | 0.92% |
7 analysts predict CAE's average Quarter EBITDA for Jun 23 to be $152.70M, with a high of $158.03M and a low of $146.58M. This is -47.58% lower than CAE's previous annual EBITDA (Mar 23) of $291.30M.
CAE Net Income Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 9 | 9 | 4 | 5 | 5 | 10 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $98.40M | $78.10M | $44.50M | $3.70M | $55.10M | $28.40M | $14.00M |
| Avg Forecast | $151.25M | $126.54M | $131.71M | $189.63M | $139.58M | $114.44M | $119.22M | $181.34M | $123.77M | $96.72M | $95.60M | $158.40M | $108.93M | $83.13M | $78.84M | $145.26M | $85.21M | $59.46M | $64.74M | $56.67M | $78.18M | $62.93M | $64.17M | $51.52M | $33.14M | $53.21M | $72.93M | $40.73M | $61.64M | $62.62M |
| High Forecast | $158.12M | $132.29M | $137.69M | $198.24M | $145.91M | $119.64M | $124.63M | $189.57M | $129.39M | $101.11M | $99.94M | $165.59M | $113.88M | $86.91M | $82.42M | $153.56M | $97.99M | $62.16M | $64.98M | $68.00M | $86.86M | $76.42M | $67.09M | $61.82M | $39.77M | $53.21M | $72.93M | $48.87M | $61.64M | $62.62M |
| Low Forecast | $143.37M | $119.95M | $124.86M | $179.75M | $132.31M | $108.48M | $113.01M | $171.89M | $117.32M | $91.68M | $90.62M | $150.15M | $103.26M | $78.80M | $74.73M | $132.81M | $72.42M | $56.36M | $64.51M | $45.34M | $65.15M | $53.95M | $60.83M | $41.21M | $26.51M | $53.21M | $72.93M | $32.58M | $61.64M | $62.62M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.91% | 2.36% | 0.84% | 0.05% | 1.35% | 0.46% | 0.22% |
CAE's average Quarter net income forecast for Jun 23 is $64.17M, with a range of $60.83M to $67.09M. CAE's average Quarter net income forecast represents a -34.78% decrease compared to the company's last Quarter net income of $98.40M (Mar 23).
CAE SG&A Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 9 | 9 | 4 | 5 | 5 | 10 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $149.70M | $138.10M | $128.00M | $145.10M | $143.60M | $117.50M | $122.10M |
| Avg Forecast | $183.53M | $169.59M | $181.16M | $189.26M | $174.62M | $161.67M | $169.26M | $176.56M | $166.49M | $157.41M | $155.83M | $167.13M | $159.65M | $148.41M | $146.05M | $154.68M | $145.66M | $141.99M | $138.48M | $147.69M | $144.80M | $139.45M | $135.60M | $134.27M | $148.64M | $122.20M | $122.37M | $106.14M | $121.66M | $117.66M |
| High Forecast | $189.94M | $175.52M | $187.49M | $195.86M | $180.72M | $167.32M | $175.17M | $182.73M | $172.30M | $162.90M | $161.27M | $172.97M | $165.23M | $153.59M | $151.15M | $161.14M | $151.82M | $146.95M | $143.31M | $177.23M | $153.88M | $143.26M | $140.33M | $161.12M | $178.37M | $122.20M | $122.37M | $127.37M | $121.66M | $117.66M |
| Low Forecast | $176.17M | $162.80M | $173.90M | $181.67M | $167.63M | $155.19M | $162.47M | $169.49M | $159.82M | $151.10M | $149.58M | $160.43M | $153.26M | $142.46M | $140.20M | $147.31M | $136.04M | $136.30M | $132.93M | $118.15M | $136.46M | $135.59M | $130.16M | $107.41M | $118.91M | $122.20M | $122.37M | $84.91M | $121.66M | $117.66M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.11% | 0.93% | 1.05% | 1.19% | 1.35% | 0.97% | 1.04% |
CAE's average Quarter SG&A projection for Jun 23 is $135.60M, based on 7 Wall Street analysts, with a range of $130.16M to $140.33M. The forecast indicates a -9.42% fall compared to CAE last annual SG&A of $149.70M (Mar 23).
CAE EPS Forecast
| Dec 28 | Sep 28 | Jun 28 | Mar 28 | Dec 27 | Sep 27 | Jun 27 | Mar 27 | Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 3 | 5 | 3 | 3 | 8 | 5 | 4 | 8 | 7 | 4 | 4 | 7 | 5 | 3 | 3 | 9 | 9 | 4 | 5 | 5 | 10 | 9 | 7 | 4 | 3 | 7 | 4 | 3 | 4 | 7 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | $0.31 | $0.25 | $0.14 | $0.01 | $0.17 | $0.09 | $0.04 |
| Avg Forecast | $0.47 | $0.40 | $0.41 | $0.59 | $0.44 | $0.36 | $0.37 | $0.57 | $0.39 | $0.30 | $0.30 | $0.50 | $0.34 | $0.26 | $0.25 | $0.46 | $0.27 | $0.19 | $0.20 | $0.42 | $0.25 | $0.20 | $0.20 | $0.34 | $0.25 | $0.17 | $0.23 | $0.23 | $0.19 | $0.20 |
| High Forecast | $0.50 | $0.41 | $0.43 | $0.62 | $0.46 | $0.37 | $0.39 | $0.59 | $0.41 | $0.32 | $0.31 | $0.52 | $0.36 | $0.27 | $0.26 | $0.48 | $0.31 | $0.19 | $0.20 | $0.42 | $0.27 | $0.24 | $0.21 | $0.36 | $0.26 | $0.17 | $0.23 | $0.23 | $0.19 | $0.20 |
| Low Forecast | $0.45 | $0.38 | $0.39 | $0.56 | $0.41 | $0.34 | $0.35 | $0.54 | $0.37 | $0.29 | $0.28 | $0.47 | $0.32 | $0.25 | $0.23 | $0.42 | $0.23 | $0.18 | $0.20 | $0.42 | $0.20 | $0.17 | $0.19 | $0.33 | $0.23 | $0.17 | $0.23 | $0.23 | $0.19 | $0.20 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.90% | 1.01% | 0.84% | 0.05% | 0.75% | 0.45% | 0.20% |
According to 7 Wall Street analysts, CAE's projected average Quarter EPS for Jun 23 is $0.20, with a low estimate of $0.19 and a high estimate of $0.21. This represents a -35.12% decrease compared to CAE previous annual EPS of $0.31 (Mar 23).
CAE Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| AIR | AAR | $62.80 | $80.00 | 27.39% | Buy |
| ATRO | Astronics | $16.36 | $20.00 | 22.25% | |
| CAE | CAE | $23.60 | $28.33 | 20.04% | Buy |
| MRCY | Mercury Systems | $38.24 | $43.75 | 14.41% | Hold |
| HXL | Hexcel | $63.60 | $69.86 | 9.84% | Hold |
| ERJ | Embraer | $37.08 | $36.00 | -2.91% | Hold |
| DCO | Ducommun | $64.29 | $60.00 | -6.67% | Buy |
| CW | Curtiss-Wright | $364.49 | $328.67 | -9.83% | Buy |
| EVTL | Vertical Aerospace | $8.12 | $6.00 | -26.11% | Buy |
| TGI | Triumph Group | $18.57 | $12.67 | -31.77% | Buy |
| MOG-A | Moog | $198.44 | $131.00 | -33.99% | Buy |
| RKLB | Rocket Lab USA | $26.37 | $9.00 | -65.87% | Buy |