Stock Analysis

Why CAAP's Passenger Gains and Cargo Dip in September 2025 May Matter for Its Growth Strategy

  • Corporación América Airports S.A. announced its operating results for September 2025, highlighting a rise in total passengers to 7,424,000 from 6,787,000 and an increase in aircraft movements to 74,200 from 69,300 compared to the same month last year, but with cargo volumes halving to 15,900 tons.
  • The ongoing trend of passenger growth and higher aircraft movements, despite weaker cargo volumes, points to strengthening demand in the company's core aviation business across its network.
  • We'll assess how the robust passenger and movement gains in September 2025 help shape Corporación América Airports' investment outlook.

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Corporación América Airports Investment Narrative Recap

Shareholders in Corporación América Airports typically believe in the growing demand for air travel across emerging and developed markets, a story underpinned by robust passenger and aircraft movement growth. The September 2025 operating results reinforce this belief, as passenger counts and aircraft movements improved; however, the short-term outlook remains tempered by sharp declines in cargo volumes, which is not a material threat to CAAP’s core catalyst but does highlight sector sensitivity. The most immediate risk continues to be Argentina’s economic instability and its effect on margins and earnings.

The August operating results provide relevant context, showing a similar trend of strong passenger growth (up 10%) and rising aircraft movements, yet again with declining cargo volumes. This ongoing pattern places even greater importance on the company’s ability to maintain passenger momentum as the main driver for near-term results, while mitigating risks linked to exposed markets.

In contrast to positive trends in passenger growth, investors should be aware that ongoing currency devaluation in Argentina could quickly erode …

Read the full narrative on Corporación América Airports (it's free!)

Corporación América Airports is projected to reach $2.1 billion in revenue and $472.1 million in earnings by 2028. This outlook assumes a 3.6% annual revenue growth and calls for an increase in earnings of about $320.7 million from the current $151.4 million.

Uncover how Corporación América Airports' forecasts yield a $25.87 fair value, a 19% upside to its current price.

Exploring Other Perspectives

CAAP Community Fair Values as at Oct 2025
CAAP Community Fair Values as at Oct 2025

Three private investors in the Simply Wall St Community estimate CAAP’s fair value ranging from US$11.09 to US$56.48 per share. With currency volatility still looming large, you may find these varied viewpoints provide crucial context for how different market participants weigh risks and opportunities around CAAP’s performance.

Explore 3 other fair value estimates on Corporación América Airports - why the stock might be worth 49% less than the current price!

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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