TD sets CAD 128.00 target for Cargojet stock
Published on 10/15/2026 at 18:50 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSTD sets the valuation frame
- TD set a CAD 128.00 price target for Cargojet on October 2, 2026.
- Cargojet reported CAD 275.80 million in revenue for the second quarter of 2026.
- Cargojet stock costs EUR 53.25 at Lang & Schwarz on October 15, 2026 at 6:37 p.m. CEST, plus 0.12 percent versus the TSX prior close of October 14, 2026.
- Cargojet is scheduled to publish third-quarter results on November 11, 2026.
TD set a CAD 128.00 price target for Cargojet on October 2, 2026, according to MarketBeat. Against Cargojet's CAD 84.71 TSX price on October 15, 2026, the target stands 51.07 percent higher. Cargojet stock was trading at EUR 53.25 at Lang & Schwarz on October 15, 2026 at 6:37 p.m. CEST, up 0.12 percent on the TSX versus the prior close of October 14, 2026.
Second-quarter revenue sets a benchmark
Cargojet reported CAD 275.80 million in revenue and diluted earnings per share of CAD 0.47 for the second quarter of 2026, figures carried by MarketBeat in its October 2, 2026 report. The revenue figure provides a concrete benchmark before the company's next quarterly update.
Price position spans the annual range
On the TSX, Cargojet traded between CAD 83.01 and CAD 84.95 on October 15, 2026, while volume reached 16,198 shares against an average of 136,424. The CAD 84.71 price stood 16.02 percent below the 52-week high of CAD 100.87 and 29.13 percent above the 52-week low of CAD 65.60.
The intraday range therefore remained narrower than the full annual range. The current level also stayed below the recent high used in the analyst comparison, keeping the CAD 128.00 target as the larger numerical reference in the report.
Valuation and November results date
Cargojet had a market capitalization of CAD 1.3 billion and a price-to-earnings ratio of 27.50 on October 15, 2026. Its next scheduled results date is November 11, 2026, when it is set to release third-quarter figures after market close, according to the company's Cargojet release dated October 1, 2026.
The same release schedules a conference call for November 12, 2026, at 8:30 a.m. Eastern Time. That calendar point gives investors a defined date for the next operating update.
Comparison with peers
Cargojet (TSX, CAD): plus 0.12 percent, P/E 27.50, market capitalization CAD 1.3 billion (October 15, 2026).
Air Canada (TSX, CAD): minus 0.94 percent, P/E 15.56, market capitalization CAD 5.7 billion (October 15, 2026).
Waste Connections (TSX, CAD): plus 3.78 percent, P/E 39.43, market capitalization CAD 58.4 billion (October 15, 2026).
After-hours price holds above the prior close
After the Xetra close, Cargojet stock was trading at EUR 53.25 at Lang & Schwarz on October 15, 2026 at 6:37 p.m. CEST, plus 0.12 percent versus the TSX prior close of October 14, 2026.
The further course of trading is shown by the continuously updated real-time quote of Cargojet stock.
Cargojet stock facts
- Company: Cargojet Inc.
- ISIN: CA14179V5036
- WKN: A2PKMF
- Ticker: CJT
- Primary exchange: TSX
- Price Lang & Schwarz (as of October 15, 2026, 6:37 p.m. CEST): EUR 53.25
- Daily change on TSX versus prior close of October 14, 2026: plus 0.12 percent
- Market capitalization: CAD 1.3 billion (as of October 15, 2026)
- 52-week range: CAD 65.60-CAD 100.87 (as of October 15, 2026)
- Sector / Industry: Industrials / Air Freight and Logistics
- Next earnings date: November 11, 2026
Market context: Market report S&P/TSX Composite.
