Analysts Set Alaska Air Group, Inc. (NYSE:ALK) Target Price at $71.40

Alaska Air Group, Inc. (NYSE:ALK) has received an average rating of “Moderate Buy” from the eleven brokerages that are currently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation, eight have given a buy recommendation and one has given a strong buy recommendation to the company. The average twelve-month price objective among brokers that have covered the stock in the last year is $71.40.

Several research firms recently issued reports on ALK. UBS Group set a $77.00 price objective on shares of Alaska Air Group and gave the company a “buy” rating in a research note on Friday, December 12th. Weiss Ratings cut Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 13th. Zacks Research upgraded Alaska Air Group from a “strong sell” rating to a “hold” rating in a research note on Friday, December 5th. Wall Street Zen raised Alaska Air Group from a “sell” rating to a “hold” rating in a research note on Friday, January 23rd. Finally, Cantor Fitzgerald set a $63.00 target price on Alaska Air Group in a report on Friday, January 30th.

Insider Transactions at Alaska Air Group

In related news, EVP Kyle B. Levine sold 2,945 shares of the business’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $60.02, for a total transaction of $176,758.90. Following the completion of the transaction, the executive vice president owned 20,977 shares of the company’s stock, valued at approximately $1,259,039.54. The trade was a 12.31% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, CFO Shane R. Tackett sold 10,000 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $55.00, for a total value of $550,000.00. Following the sale, the chief financial officer owned 33,530 shares of the company’s stock, valued at approximately $1,844,150. The trade was a 22.97% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 27,445 shares of company stock worth $1,521,504. 1.00% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the business. Invesco Ltd. grew its stake in shares of Alaska Air Group by 18.7% in the fourth quarter. Invesco Ltd. now owns 973,636 shares of the transportation company’s stock worth $48,974,000 after acquiring an additional 153,340 shares during the last quarter. Corient Private Wealth LLC boosted its holdings in Alaska Air Group by 205.0% in the 4th quarter. Corient Private Wealth LLC now owns 100,998 shares of the transportation company’s stock valued at $5,080,000 after purchasing an additional 67,882 shares during the period. Delta Global Management LP bought a new stake in Alaska Air Group in the 4th quarter valued at $2,200,000. SummitTX Capital L.P. grew its position in Alaska Air Group by 6,639.0% in the 4th quarter. SummitTX Capital L.P. now owns 272,524 shares of the transportation company’s stock worth $13,708,000 after purchasing an additional 268,480 shares during the last quarter. Finally, Susquehanna Fundamental Investments LLC bought a new position in shares of Alaska Air Group during the 4th quarter worth about $1,498,000. 81.90% of the stock is currently owned by institutional investors and hedge funds.

Alaska Air Group Stock Down 6.6%

ALK stock opened at $52.14 on Friday. The company has a market cap of $5.98 billion, a price-to-earnings ratio of 59.93, a PEG ratio of 0.50 and a beta of 1.21. Alaska Air Group has a 12-month low of $37.63 and a 12-month high of $76.98. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. The company has a 50 day moving average of $52.15 and a two-hundred day moving average of $51.12.

Alaska Air Group (NYSE:ALK) last issued its earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.32. The company had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The business’s revenue was up 2.8% compared to the same quarter last year. During the same period in the prior year, the firm posted $0.97 EPS. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. On average, equities analysts anticipate that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Alaska Air Group Company Profile

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.