Alaska Air Group, Inc. (NYSE:ALK) Receives $63.67 Consensus Target Price from Analysts

Alaska Air Group, Inc. (NYSE:ALK) has received a consensus rating of “Moderate Buy” from the thirteen research firms that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a hold recommendation, ten have given a buy recommendation and one has assigned a strong buy recommendation to the company. The average twelve-month target price among analysts that have issued ratings on the stock in the last year is $63.6667.

Several research analysts have commented on the stock. Weiss Ratings upgraded shares of Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a research report on Monday, March 9th. Cantor Fitzgerald set a $63.00 price objective on shares of Alaska Air Group in a research report on Friday, January 30th. Raymond James Financial restated an “outperform” rating and set a $71.00 price objective on shares of Alaska Air Group in a research report on Friday, December 19th. TD Cowen lowered their price objective on shares of Alaska Air Group from $63.00 to $54.00 and set a “buy” rating for the company in a research report on Monday, March 9th. Finally, Bank of America lowered their price objective on shares of Alaska Air Group from $70.00 to $60.00 and set a “buy” rating for the company in a research report on Wednesday, April 1st.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, EVP Andrew R. Harrison sold 14,500 shares of the business’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $54.81, for a total transaction of $794,745.00. Following the completion of the transaction, the executive vice president directly owned 20,195 shares in the company, valued at $1,106,887.95. The trade was a 41.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at this link. Also, CFO Shane R. Tackett sold 24,000 shares of the business’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total transaction of $1,371,600.00. Following the transaction, the chief financial officer owned 43,377 shares of the company’s stock, valued at approximately $2,478,995.55. This represents a 35.62% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 56,945 shares of company stock worth $3,204,569 over the last three months. Corporate insiders own 1.00% of the company’s stock.

Institutional Inflows and Outflows

A number of large investors have recently modified their holdings of the company. Hsbc Holdings PLC lifted its stake in shares of Alaska Air Group by 144.3% in the 4th quarter. Hsbc Holdings PLC now owns 84,257 shares of the transportation company’s stock valued at $4,234,000 after acquiring an additional 49,762 shares during the last quarter. Rockefeller Capital Management L.P. lifted its stake in shares of Alaska Air Group by 618.4% in the 4th quarter. Rockefeller Capital Management L.P. now owns 42,919 shares of the transportation company’s stock valued at $2,159,000 after acquiring an additional 36,945 shares during the last quarter. Pacer Advisors Inc. lifted its stake in shares of Alaska Air Group by 38.4% in the 4th quarter. Pacer Advisors Inc. now owns 21,024 shares of the transportation company’s stock valued at $1,058,000 after acquiring an additional 5,834 shares during the last quarter. Kera Capital Partners Inc. lifted its stake in shares of Alaska Air Group by 15.1% in the 4th quarter. Kera Capital Partners Inc. now owns 4,746 shares of the transportation company’s stock valued at $241,000 after acquiring an additional 624 shares during the last quarter. Finally, Invesco Ltd. lifted its stake in shares of Alaska Air Group by 18.7% in the 4th quarter. Invesco Ltd. now owns 973,636 shares of the transportation company’s stock valued at $48,974,000 after acquiring an additional 153,340 shares during the last quarter. 81.90% of the stock is currently owned by institutional investors.

Alaska Air Group Trading Up 1.8%

Shares of ALK stock opened at $38.01 on Friday. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The stock has a market cap of $4.31 billion, a P/E ratio of 43.69, a price-to-earnings-growth ratio of 0.51 and a beta of 1.27. The stock has a 50 day simple moving average of $47.06 and a 200 day simple moving average of $47.32. Alaska Air Group has a 1 year low of $33.03 and a 1 year high of $65.88.

Alaska Air Group (NYSE:ALK) last issued its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share (EPS) for the quarter, beating the consensus estimate of $0.11 by $0.32. The business had revenue of $3.63 billion during the quarter, compared to analysts’ expectations of $3.64 billion. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The firm’s revenue for the quarter was up 2.8% compared to the same quarter last year. During the same period in the previous year, the company posted $0.97 earnings per share. 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, research analysts predict 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.