Bombardier maintains a buy rating, driven by robust Q2 results and improved financial flexibility. Q2 saw revenue up 6% to $2.15B, adjusted EBITDA up 9%, and free cash flow of $228M despite lower deliveries, with backlog rising to $21.8B. BDRAF's balance sheet strength enables investments in output, Services, Defense, and potential M&A, while net leverage declined to 1.6x.
Bombardier's Global 8000 is the fastest civil aircraft since Concorde. The world's newest private jet flies just shy of the speed of sound, at Mach 0.95.
Bombardier TSE: BBD.A reported higher second-quarter revenue, profit and free cash flow, with its services business reaching a quarterly record and management pointing to continued demand for large-cabin aircraft and defense platforms.
Bombardier logged a slight decline in second-quarter profit, despite strong revenue from aftermarket service growth and soaring demand for its flagship Global 8000 jet.
Bombardier on Thursday reported positive free cash flow for the second quarter, reversing its cash burn a year earlier, as strong demand for flying in private jets helped the Canadian business planemaker expand its order backlog.
Bombardier Inc. is rated Buy, with a 12% upside to a $262 price target, driven by operational focus and cash flow improvements. BDRAF growth is underpinned by higher-margin aircraft mix, expanding services, defense opportunities, and significant deleveraging, with margins expected to reach 17.5% by 2028. Free cash flow is set to consistently exceed $1 billion, enabling share repurchases and potential dividends as net debt leverage drops below 1x by 2028.
Bombardier Inc. (BBD.B:CA) Shareholder/Analyst Call Prepared Remarks Transcript
Bombardier maintains a Buy rating, supported by robust free cash flow and a successful turnaround driving deleveraging. Q1 2026 revenues rose 5% to $1.6B, with services up 25% and free cash flow guidance upgraded to over $1B for 2026. A $20.3B backlog, streamlined cash collection, and defense/services expansion underpin stable growth and future shareholder returns.
Eric Martel is navigating the Canadian jet maker through some turbulence to seize on the next leg of growth in the booming defense market.
Bombardier (BBD.B:CA) remains attractive with a $215.57 price target, implying 16% upside and a buy rating despite macroeconomic headwinds. Supply chain fragility and cost inflation present risks, but BBD.B:CA's backlog supports deliveries into 2028-2029, with growth tapering yet stable. Analyst estimates for revenue, EBITDA, and free cash flow have seen minimal downward revision, reflecting resilience in BBD.B:CA's financial outlook.
Bombardier: A Buy As The Free Cash Flow Flywheel Accelerates
Bombardier Inc. (BBD.B:CA) Q4 2025 Earnings Call Transcript