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Why Cargojet Inc stock is tanking today

By Wealth Awesome -

This move is archived. Current quotes and coverage live on the stock page.

Stocks & ETFs:CJT.TO

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Cargojet Inc's stock took a hit, closing down 1.48% in the latest trading session, raising questions about its near-term outlook.

In the latest trading session, Cargojet Inc (CJT.TO) saw its stock price decrease by 1.48%, closing at CA$85.68. This decline reflects broader market concerns and investor sentiment about the company's performance amidst a challenging economic landscape.

Cargojet Inc

CJT.TO

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CJT.TO

Cargojet Inc

Source:WealthAwesomeWealthAwesome
↑ $11.51 (13.88%)
120 day period
$76.25$86.65$97.05May 15Aug 12Nov 5

Market cap

$1.44B

P/E

32.8x

Div. yield

1.56%

Div. / share

$1.47

52W high

$99.46

52W low

$66.08

1W change

+13.75%

Beta

1.10

Analyst Price Targets

Based on analyst covering CJT · as of Oct 21, 2026

📈

Wall Street analysts forecast CJT stock price to rise 29.2% over the next 12 months.

Consensus

Bullish

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

Avg. Target

C$122.00

+29.2% Upside

Previously C$121.92 on Sep 21, 2026

Current Price

C$94.41

Last close

Compare analyst targets →

Targets are snapshotted when they change. Unchanged figures keep their original date. Not financial advice.

Wealth Awesome Price Forecast

WA Model

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

HistoricalForecast68%95%
C$62.22C$79.08C$95.95C$112.82C$129.69C$146.56TodayJun 29Sep 2Nov 5Dec 18Jan 31Mar 15

30-Day Vol

33.3%

Annualized

90-Day Vol

32.8%

Annualized

Trend (90d)

+3.3%

Annualized drift

90d Mean

C$95.53

Expected price

HorizonExpected68% Range (1σ)
30 trading daysC$94.78C$84.49 – C$106.33
60 trading daysC$95.16C$80.87 – C$111.96
90 trading daysC$95.53C$78.28 – C$116.59

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: Investors should be cautious as Cargojet's recent performance may indicate underlying issues, despite its previous revenue growth and dividend announcements.

Cargojet's stock down 1.48% in one day

With a market cap of CA$1.3 billion, a profit margin of 3.64%, and a dividend yield of 1.63%, the stock's performance raises concerns about its growth sustainability.

Bull case

Cargojet has shown resilience in revenue growth, reporting a 1.9% increase in total revenues for Q1 2026. This suggests there may be potential for recovery.

Bear case

However, the recent decline could signal deeper issues. The stock has a high P/E ratio of 35.62, which might not justify its current valuation, especially given the market's volatility.

Market Reaction and Performance

Cargojet's stock performance on the TSX has raised concerns, particularly with its latest drop of 1.48%. Investors are reacting to broader economic uncertainties that could impact the company's future earnings and growth potential. The high P/E ratio of 35.62 might indicate that the stock is overvalued in a fluctuating market.

Recent Financial Results

Despite the stock's decline, Cargojet reported a modest revenue increase of 1.9% for Q1 2026, suggesting that the company is managing to maintain some level of growth. However, with profit margins at just 3.64%, the sustainability of this growth remains in question. Investors may want to closely monitor upcoming earnings reports for clearer insights into the company's trajectory. For more details, check out our Cargojet Inc stock page.

Looking Ahead

As investors consider their next moves, Cargojet's recent performance serves as a reminder of the market's volatility. The company's ability to navigate these challenges will be crucial in restoring investor confidence. For ongoing updates and analysis, visit our Cargojet Inc stock page for the latest information.


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.

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⚠️ 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: July 14, 2026
Last Updated: July 14, 2026

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