Will Air Canada's losses end in 2025?

The pandemic clouded the future of global airlines, which is a capital-intensive industry with thin profit margins. The renowned value investor Warren Buffett exited airline stocks in 2020 as he saw a multi-year loss for all airlines. But Air Canada’s ( TSX:AC) latest earnings raise hopes that losses could end in 2025 if things continue to improve.

What is the average Avgo price prediction for 2024?

The average AVGO price prediction of 2024 represents a +40.36% increase from the last price of $ 1,230.00. Broadcom Inc Stock ( AVGO) is expected to reach an average price of $ 2,024.29 in 2025, with a high prediction of $ 2,315.83 and a low estimate of $ 1,732.75. This indicates an +87.15% rise from the last recorded price of $ 1,230.00.

Is Avgo a good stock to buy in 2025?

The highest analyst price target is $1785.49, and the lowest is $1193.57. Based on our technical indicators, the current sentiment is bullish and AVGO could hit $2,315.83 in 2025. This might be a good time to open fresh positions on AVGO, as trading bullish markets is always a lot easier.

How will AC's earnings compare to the Canadian market?

Earnings vs Market: AC's earnings are forecast to decline over the next 3 years (-19% per year). High Growth Earnings: AC's earnings are forecast to decline over the next 3 years. Revenue vs Market: AC's revenue (4.8% per year) is forecast to grow slower than the Canadian market (6.9% per year).