Bombardier lifts 2026 free cash flow outlook above $1.3 billion

Bombardier Inc. reported third‑quarter 2026 revenue of about $2.4 billion, a 3 % year‑over‑year increase, and free cash flow of $183 million, up 20 % versus the prior year. The company raised its full‑year free cash flow guidance to greater than $1.3 billion while keeping other guidance unchanged. Analysts upgraded the stock, noting the strong backlog of $22.2 billion and expecting higher capital returns in 2027.

The higher free cash flow outlook suggests stronger cash generation, which could enable larger shareholder returns such as dividends or buybacks, according to National Bank Financial analyst Cameron Doerksen. The upgraded target price to $390 reflects the market’s view that the guidance lift improves Bombardier’s valuation.

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