Scotiabank cuts target for Bombardier stock to CAD 370.00

Published on 10/17/2026 at 21:28 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Backlog stood at USD 21.80 billion as of June 30, 2026. Bombardier stock costs EUR 193.85 on October 16, 2026, 0.54 percent above Tradegate close.

Target cut and investor calendar

On October 15, 2026, Scotiabank reduced its target from CAD 380.00 to CAD 370.00.
Bombardier reported a USD 21.80 billion backlog as of June 30, 2026.
Bombardier stock last stood at EUR 193.85 at 7:17 p.m. CEST on October 16, 2026, 0.54 percent above the Tradegate close of October 15, 2026.
Bombardier will publish third-quarter 2026 results on November 5, 2026.

BBD.B, CA0977518616, Illustration mit AI erstellt.

As MarketBeat reported on October 15, 2026, Scotiabank lowered its Bombardier target from CAD 380.00 to CAD 370.00 while maintaining a sector outperform rating. The new target stood 20.13 percent above Bombardier's CAD 308.00 Toronto price at 4:00 p.m. ET on October 16, 2026. Bombardier last stood at EUR 193.85 at Lang & Schwarz on October 16, 2026 at 10:59 p.m. CEST, 0.54 percent above the Tradegate close of October 15, 2026.

Backlog supports the next report

Bombardier's investor page lists a USD 21.80 billion backlog as of June 30, 2026 and 32 aircraft deliveries in the second quarter of 2026. The backlog gives the upcoming results release a concrete operating benchmark, while the deliveries provide a second measure of execution.

Price position after October 16

The Tradegate series showed a one-week gain of 4.28 percent through October 16, 2026. The euro price stood below the same-market high of EUR 201.00 for the month and above the EUR 180.00 low recorded during that period. In Toronto, Bombardier's 52-week range was CAD 186.72 to CAD 377.77 as of October 15, 2026.

Valuation and reporting date

Bombardier's market capitalization was CAD 26.8 billion and its price-to-earnings ratio was 23.17 as of October 16, 2026. Bombardier will publish third-quarter 2026 results on November 5, 2026, with the presentation scheduled for 8:00 a.m. ET.

Comparison with peers

Bombardier (TSX, CAD): plus 0.54 percent, P/E 23.17, market capitalization CAD 26.8 billion
Textron (NYSE, USD): plus 1.04 percent, P/E 14.33, market capitalization USD 13.1 billion
The Boeing Company (NYSE, USD): plus 0.78 percent, P/E 82.34, market capitalization USD 150.3 billion

Tradegate price and market position

Bombardier last stood at EUR 193.85 on Tradegate on October 16, 2026 at 7:17 p.m. CEST, 0.54 percent above the Tradegate close of October 15, 2026 at EUR 192.80. The next scheduled company event is the third-quarter results presentation on November 5, 2026 at 8:00 a.m. ET.

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