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Why Cargojet Inc stock is rising today

By Wealth Awesome -

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Stocks & ETFs:CJT.TO

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Cargojet Inc's stock has seen a notable increase, closing up 2.03% in the last trading session.

Cargojet Inc (CJT.TO) experienced a positive trading day, with its stock price rising to CA$83.06. This uptick reflects investor confidence in the company, which has been bolstered by its recent financial performance and strategic initiatives.

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Cargojet Inc

CJT.TO

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CJT.TO

Cargojet Inc

Source:WealthAwesomeWealthAwesome
$12.78 (-13.14%)
120 day period
$75.45$86.81$98.18Feb 10May 7Jul 31

Market cap

$1.26B

P/E

34.5x

Div. yield

1.69%

Div. / share

$1.44

52W high

$103.47

52W low

$64.71

1W change

-1.15%

Beta

1.16

Analyst Price Targets

Based on analyst covering CJT

📈

Wall Street analysts forecast CJT stock price to rise 38.2% over the next 12 months.

Consensus

Bullish

Based on avg. target vs last close (formal rating unavailable for Canadian listings)

Avg. Target

C$116.77

+38.2% Upside

Current Price

C$84.49

Last close

Compare analyst targets across the TSX & TSXV →

Analyst ratings and price targets are updated periodically. Not financial advice.

Wealth Awesome Price Forecast

WA Model

Statistical 90-day price range based on CJT's historical volatility

HistoricalForecast68%95%
C$63.95C$75.47C$86.99C$98.51C$110.03C$121.55TodayMar 25May 29Jul 31Sep 12Oct 26Dec 8

30-Day Vol

24.4%

Annualized

90-Day Vol

28.4%

Annualized

Trend (90d)

+12.1%

Annualized drift

90d Mean

C$88.21

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$85.71C$78.80C$93.23
60 trading daysC$86.95C$77.21C$97.92
90 trading daysC$88.21C$76.26C$102.03

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.

Investor takeaway: With a market cap of approximately CA$1.21 billion and a consistent dividend yield, Cargojet presents a compelling case for investors looking for stability in the air cargo sector.

Cargojet Inc's stock climbs to CA$83.06, marking a 2.03% increase.

With a P/E ratio of 33.23, Cargojet's valuation reflects strong earnings potential, but investors should weigh this against market conditions.

Bull case

The company recently reported a year-over-year revenue increase and continues to uphold strong operational standards. This performance may attract more investment and further boost its stock price.

Bear case

Even with this positive momentum, investors should stay alert to market volatility and potential operational challenges that could affect future performance.

Recent Performance Highlights

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Cargojet's stock performance reflects growing confidence among investors. The recent rise of 2.03% shows positive sentiment, especially after the company reported a slight revenue increase for Q1 2026. The market is responding favorably to these results, highlighting Cargojet's resilience in a competitive sector.

Strategic Moves and Future Prospects

Cargojet's strategic decisions, like extending its agreement with Amazon and maintaining high operational standards, position the company well for future growth. Investors are likely to keep a close eye on these developments, as they could significantly impact the stock's trajectory. For more insights, check out our analysis on Cargojet's financial results.

Valuation Considerations

With a market cap of CA$1.21 billion and a P/E ratio of 33.23, Cargojet is priced for growth. While the current dividend yield stands at 1.79%, potential investors should consider the broader market context and the company's ability to sustain growth in a fluctuating economy. For further details, visit our Cargojet Inc stock page.


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Wealth Awesome
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Wealth Awesome

Timely coverage of Canadian stocks, earnings, dividends, and market movers for DIY investors. Stories are checked against exchange data and public filings.

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✅ Reviewed by Certified Financial Professionals

This content has been reviewed by CFA® charterholders and Certified Financial Planners (CFP®) with over a decade of experience in Canadian financial markets. All information is fact-checked against official Canadian sources and regulations.

Why these credentials matter: CFA® charterholders complete 900+ hours of rigorous study in investment analysis and ethics. CFP® professionals are held to the highest standards of financial planning competency and fiduciary duty in Canada.

📊 Data AccuracyVerified sources
🇨🇦 Canadian FocusLocal expertise
🔍 Fact-CheckedEditorial review

⚠️ Professional Disclaimer

This content is for educational purposes only and should not be considered personalized financial advice. While our team brings professional expertise, individual circumstances vary. For personalized guidance, consult with a qualified financial advisor, tax professional, or mortgage specialist.

Published: June 29, 2026
Last Updated: June 29, 2026

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