Alaska Air Group, Inc. (NYSE:ALK) Receives $70.50 Average Price Target from Brokerages

Alaska Air Group, Inc. (NYSE:ALK) has been given an average rating of “Moderate Buy” by the eleven ratings firms that are covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold rating, eight have given a buy rating and one has assigned a strong buy rating to the company. The average 1 year target price among brokerages that have issued a report on the stock in the last year is $70.50.

ALK has been the subject of several recent research reports. Weiss Ratings upgraded shares of Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday. Citigroup reaffirmed a “buy” rating and issued a $69.00 price target (up from $61.00) on shares of Alaska Air Group in a report on Wednesday, January 7th. Zacks Research raised shares of Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. Bank of America increased their price objective on shares of Alaska Air Group from $62.00 to $70.00 and gave the stock a “buy” rating in a research note on Tuesday, January 6th. Finally, Susquehanna raised their target price on shares of Alaska Air Group from $52.00 to $70.00 and gave the stock a “positive” rating in a report on Friday, January 9th.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, EVP Kyle B. Levine sold 2,945 shares of the firm’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $60.02, for a total value of $176,758.90. Following the sale, the executive vice president owned 20,977 shares in the company, valued at approximately $1,259,039.54. This trade represents a 12.31% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andrew R. Harrison sold 14,500 shares of Alaska Air Group stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $54.81, for a total value of $794,745.00. Following the sale, the executive vice president directly owned 20,195 shares in the company, valued at approximately $1,106,887.95. This trade represents a 41.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold 56,945 shares of company stock valued at $3,204,569 in the last ninety days. Company insiders own 1.00% of the company’s stock.

Hedge Funds Weigh In On Alaska Air Group

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Atlas Capital Advisors Inc. bought a new stake in Alaska Air Group during the 4th quarter valued at $26,000. Foster Dykema Cabot & Partners LLC acquired a new position in Alaska Air Group during the 3rd quarter worth $28,000. MAI Capital Management grew its stake in shares of Alaska Air Group by 80.5% in the second quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock worth $31,000 after purchasing an additional 280 shares in the last quarter. AlphaQuest LLC bought a new position in shares of Alaska Air Group in the third quarter worth $34,000. Finally, First Command Advisory Services Inc. increased its holdings in shares of Alaska Air Group by 242.5% during the fourth quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after purchasing an additional 485 shares during the period. 81.90% of the stock is owned by institutional investors.

Alaska Air Group Stock Performance

Shares of ALK stock opened at $38.65 on Tuesday. The stock has a market capitalization of $4.43 billion, a price-to-earnings ratio of 44.42, a PEG ratio of 0.40 and a beta of 1.17. Alaska Air Group has a one year low of $37.63 and a one year high of $65.88. The company’s 50-day simple moving average is $51.10 and its 200-day simple moving average is $50.34. The company has a debt-to-equity ratio of 1.17, a quick ratio of 0.46 and a current ratio of 0.50.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.32. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The firm had revenue of $3.63 billion during the quarter, compared to analyst estimates of $3.64 billion. During the same period in the previous year, the company earned $0.97 earnings per share. Alaska Air Group’s quarterly revenue was up 2.8% on a year-over-year basis. 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. Equities analysts anticipate that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

About Alaska Air Group

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.