Scotiabank cuts target for TFI International stock to CAD 235.00

Published on 10/18/2026 at 13:43 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Second-quarter revenue reached USD 2.29 billion, up 12 percent year over year. Results are due October 29, 2026 for TFI International stock.

Targets and reporting dates

On October 15, 2026, Scotiabank lowered its TFI International target from CAD 263.00 to CAD 235.00.
Second-quarter 2026 revenue reached USD 2.29 billion, up 12.00 percent from a year earlier.
TFI International expects third-quarter results on October 29, 2026, followed by a webcast on October 30, 2026.

TFII, CA87241L1094, Illustration mit AI erstellt.

TFI International (CA87241L1094) faces a lower Scotiabank target of CAD 235.00, down from CAD 263.00, after the analyst update dated October 15, 2026, reported by Markets Insider. The cut keeps an Outperform rating but places greater weight on the next quarterly update.

Second-quarter growth sets the test

TFI reported USD 2.29 billion of revenue in the second quarter of 2026, 12.00 percent above the second quarter of 2025. Net income reached USD 136.2 million, a 39.00 percent year-over-year increase, according to Simply Wall St. The figures give the upcoming release a clear numerical benchmark.

What did analysts change?

On October 7, 2026, BMO Capital cut its target from USD 160.00 to USD 140.00 while retaining a Market Perform rating, as reported by Markets Insider. The change shows that target revisions have not moved uniformly across currencies or research houses.

Three dated steps frame the story

On July 27, 2026, second-quarter revenue was USD 2.29 billion and adjusted earnings per share were USD 1.85, according to MarketBeat. On October 7, 2026, BMO Capital set a USD 140.00 target after cutting it from USD 160.00. On October 15, 2026, Scotiabank set a CAD 235.00 target after cutting it from CAD 263.00.

Reporting dates are set

TFI expects to release third-quarter 2026 results after the market close on October 29, 2026, while its webcast is scheduled for October 30, 2026, at 8:30 a.m. Eastern Time, according to Stockwatch. The company operates transportation and logistics businesses across North America through Less-Than-Truckload, Truckload and Logistics divisions, according to its investor overview.

October results carry the next signal

The October 29 release will test whether the second-quarter pattern of USD 2.29 billion revenue and USD 136.2 million net income continues. The scheduled webcast follows on October 30, 2026. The further course of trading is shown by the continuously updated real-time quote of TFI International stock.