JPMorgan keeps CNY 6.10 target for Air China stock

Published on 10/20/2026 at 19:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Analysts forecast CNY 50.97 billion revenue for October 30. Air China stock costs CNY 5.56 on October 20, 2026, down 1.42 percent on Shanghai.

Analyst target and earnings date

JPMorgan kept a Neutral rating and a CNY 6.10 target on October 8, 2026.
Analysts forecast CNY 50.97 billion in third-quarter revenue for October 30, 2026.
Air China stock stood at EUR 0.40 at Lang & Schwarz on October 20, 2026 at 7:49 p.m. CEST.
Air China's H1 2026 revenue rose 10.54 percent to CNY 89.27 billion.

Air China, CNE1000001S0, Illustration mit AI erstellt.

JPMorgan kept a Neutral rating and a CNY 6.10 target for Air China on October 8, 2026, according to Futu. That target is 9.71 percent above the CNY 5.56 Shanghai price on October 20, 2026. At Lang & Schwarz, the stock was trading at EUR 0.40 on October 20, 2026 at 7:49 p.m. CEST.

Revenue estimates point to October 30

Two analysts forecast average third-quarter revenue of CNY 50.97 billion for the period ending September 30, 2026, versus CNY 49.07 billion a year earlier, according to finanzen.at. The implied increase is 3.87 percent. The same report gives a consensus loss per share of CNY 0.08 for the quarter, compared with earnings per share of CNY 0.21 in the prior-year quarter.

Stock sits near its yearly low

Air China last traded at CNY 5.56 on the Shanghai Stock Exchange on October 20, 2026 at 3:00 p.m. CST, down 1.42 percent from the prior close of CNY 5.64. The stock's 52-week range was CNY 5.53 to CNY 9.45, placing the latest price 0.54 percent above the low and 41.16 percent below the high. Volume reached 46,939,582 shares on the session.

Losses keep valuation in view

Air China's H1 2026 revenue rose 10.54 percent to CNY 89.27 billion, while the net loss attributable to shareholders reached CNY 2.29 billion, according to Aviation Intelligence. The operating loss was CNY 3.07 billion and the passenger load factor was 84.74 percent in the first half of 2026. The next scheduled reporting date is October 30, 2026, when Air China is expected to publish its third-quarter figures.

Comparison with peers

Air China: down 1.42 percent, market capitalization CNY 90.9 billion. China Southern Airlines (Shanghai Stock Exchange, CNY): down 0.85 percent, market capitalization CNY 75.3 billion. China Eastern Airlines (Shanghai Stock Exchange, CNY): down 1.90 percent, market capitalization CNY 68.5 billion.

What investors can measure next

The October report will test whether the expected 3.87 percent revenue increase can offset the loss profile shown in the first half. For Air China, the key comparison is between passenger demand, fuel costs and the CNY 6.10 target cited by JPMorgan on October 8, 2026.

The further course of trading is shown by the continuously updated real-time quote of Air China stock.