Cargojet Inc's stock has seen a notable uptick this week, reflecting investor optimism despite recent challenges.
Cargojet Inc (CJT.TO) has experienced a week of positive momentum, with shares up 7.59% over the past week. While there has been no major news this week, several recent developments may have contributed to the stock's performance. Let's take a closer look at what's happening with Cargojet.
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Cargojet Inc
CJT.TO
CJT.TO
Cargojet Inc
WealthAwesomeMarket cap
$1.32B
P/E
28.9x
Div. yield
1.70%
Div. / share
$1.47
52W high
$99.46
52W low
$64.40
1W change
+7.59%
Beta
1.16
Analyst Price Targets
Based on analyst covering CJT · as of Sep 21, 2026
Wall Street analysts forecast CJT stock price to rise 41.2% over the next 12 months.
Consensus
BullishBased on avg. target vs last close (formal rating unavailable for Canadian listings)
Avg. Target
C$121.92
+41.2% Upside
Previously C$121.85 on Sep 17, 2026
Current Price
C$86.37
Last close
Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.
Wealth Awesome Price Forecast
WA ModelStatistical 90-day price range based on CJT's historical volatility
30-Day Vol
30.7%
Annualized
90-Day Vol
30.6%
Annualized
Trend (90d)
+21.4%
Annualized drift
90d Mean
C$96.23
Expected price
| Horizon | Expected | 68% Range (1σ) |
|---|---|---|
| 30 trading days | C$91.45 | C$82.25 – C$101.68 |
| 60 trading days | C$93.81 | C$80.75 – C$108.99 |
| 90 trading days | C$96.23 | C$80.09 – C$115.63 |
Methodology: Range is calculated using 30-day realized volatility via geometric Brownian motion (log-normal model). 68% band = ±1σ, 95% band = ±2σ. This is a statistical model, not a prediction. Past volatility does not guarantee future results. Not financial advice.
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Investor takeaway: Investors should note the recent price action and technical indicators, as well as the broader context of Cargojet's operational achievements and market positioning.
Cargojet Inc's stock is currently trading at C$89.15, up 7.59% over the past week.
The stock's performance is supported by a recent average analyst target of C$121.92, suggesting a potential upside of 36.8%.
Bull case
Cargojet's expansion efforts and recent accolades showcase its strong market position and growth potential in the air freight sector. The company is actively enhancing its services, which could lead to increased revenue and solidify its role in the market.
Bear case
However, the stock's relatively high P/E ratio raises concerns about valuation, especially given mixed performance metrics in recent reports. Investors should be cautious and consider these factors when evaluating the stock.
Recent Price Action
Cargojet Inc's stock closed at C$89.15, reflecting a slight decline of 0.07% on the last trading day. However, the stock has gained 7.59% over the past week, indicating a positive trend as investors respond to the company's recent operational developments.
Company Developments
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Although there was no major news this week, Cargojet has made headlines recently with several significant announcements. The company reported a 1.9% year-over-year revenue increase for Q1 2026, amounting to $254.7 million, alongside an adjusted EBITDA rise of 1.4% to $81.9 million. Additionally, Cargojet has expanded its Canada-Europe network with a new mid-week service to Liège, Belgium, enhancing connectivity for its customers.
Technical Picture
From a technical perspective, Cargojet's stock is currently trading above its 50-day moving average of C$85.06 and its 200-day moving average of C$85.57, suggesting a bullish trend. The stock has a 52-week range of C$64.40 to C$99.46, currently sitting at 71% of that range. With a beta of 1.16, the stock tends to be slightly more volatile than the market. The latest trading volume of 135,002 shares is below the 20-day average of 178,575 shares, indicating a lower trading interest compared to the recent past.
Insider Activity
Currently, there is no notable insider activity reported for Cargojet Inc, which may suggest stability in the management's outlook on the company's performance.
Price Action Summary
As of the latest close, Cargojet Inc's stock is priced at C$89.15, reflecting a modest decline of 0.07% for the day, but a solid increase of 7.59% over the past week.
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