This TSX high flier is up 138% in 2025 and analysts think shares have more room to climb

Core Viewpoint - Bombardier Inc. shares surged over seven percent following the announcement of a new factory near Montreal, reaching a multidecade high of $275.37, driven by increased demand for business jets [1] Group 1: Company Developments - Bombardier is set to open a new factory by the end of 2027 to cater to rising demand for its business jets [1] - RBC Capital Markets analyst James McGarragle raised his price target for Bombardier shares to $287 from $263, reaffirming it as a top investment idea despite a 138 percent increase in share price during 2025 [1] - National Bank of Canada Capital Markets analyst Cameron Doerksen also increased his price target for Bombardier to $290 from $263 following the factory announcement [1] Group 2: Market Performance - Bombardier shares experienced an 11.6 percent gain this week, positioning the company among the top 10 gainers in the S&P/TSX composite index [1] - The 12-month average price target for Bombardier shares, based on estimates from 14 analysts, is $236.57 according to Bloomberg [1] Group 3: Future Outlook - RBC anticipates that Bombardier will benefit from increased federal defense spending and a shift towards its Challenger and Global business jets, which may enhance service growth [1] - McGarragle projects that Bombardier has the potential to compound free cash flow at a rate greater than a low-teen compound annual growth rate well into the 2030s, presenting a compelling investment opportunity with a six percent free cash flow yield [1]