Barclays sets USD 38.00 target for CAE stock
Published on 10/17/2026 at 20:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- Barclays began coverage with a USD 38.00 target on October 9, 2026.
- CAE expects its next earnings report on November 10, 2026.
- CAE stock stood at USD 24.15 at 4:00 p.m. ET on October 16, 2026, up 1.00 percent versus the prior close.
- CAE carried a USD 7.8 billion market capitalization and a 38.05 price-to-earnings ratio.
Barclays started coverage of CAE with an Overweight rating and a USD 38.00 price target on October 9, 2026, according to Transcript Daily. Against the USD 24.15 price at the latest US session close, that target stands 57.35 percent above the stock.
What the target implies
The Barclays target gives CAE a clear valuation marker as the company approaches its next reporting date. The target comparison uses the same US dollar currency as the stock price and leaves the analyst view within the permitted range for a dated market estimate.
November reporting date
CAE is expected to publish its next earnings report on November 10, 2026, according to MetaCap. The same page lists a consensus estimate of USD 0.19 for earnings per share, a figure that gives investors a concrete benchmark for the next update.
Price position and range
CAE ended the October 16, 2026 session at USD 24.15, up USD 0.24 or 1.00 percent from the prior close. The stock traded between USD 23.82 and USD 24.41 during that session, while volume reached 384,442 shares against an average volume of 757,031 shares.
The 52-week range runs from USD 22.76 to USD 34.24. At USD 24.15, CAE was 29.50 percent below its yearly high and 6.11 percent above its yearly low. The stock was down 20.60 percent year to date, a weaker result than the 11.90 percent gain reported for the S&P 500 over the same period.
Valuation and dates
CAE had a market capitalization of USD 7.8 billion and a trailing price-to-earnings ratio of 38.05 as of October 16, 2026. The next earnings date on November 10 is therefore the next scheduled point at which revenue, earnings and management commentary can reset the market's valuation frame.
Comparison with peers
CAE (NYSE, USD): plus 1.00 percent, P/E 38.05, market capitalization USD 7.8 billion
RTX (NYSE, USD): plus 3.73 percent, P/E 34.14, market capitalization USD 261.4 billion
Textron (NYSE, USD): plus 1.04 percent, P/E 14.33, market capitalization USD 13.1 billion
Stock context
The market picture combines a near-range price with a dated analyst target and a scheduled earnings event. For investors, the key comparison is between CAE's 38.05 trailing multiple and the much lower 14.33 multiple for Textron, while the upcoming report will provide the next company-specific evidence.
CAE stock was last at USD 24.15 on October 16, 2026 at 4:00 p.m. ET on the NYSE, up 1.00 percent versus the prior close.
CAE stock market facts
- Company: CAE Inc.
- ISIN: CA1247651088
- Ticker: CAE
- Price: USD 24.15 as of October 16, 2026, 4:00 p.m. ET
- Change versus prior close: plus 1.00 percent
- Market capitalization: USD 7.8 billion (as of October 16, 2026)
- 52-week range: USD 22.76-34.24 (as of October 16, 2026)
- Sector / Industry: Industrials / Aerospace and Defense
- Next earnings date: November 10, 2026
Market context: Market report S&P/TSX Composite.
