Alaska Air Group (ALK) Stock Forecast, Price Target & Predictions
ALK Stock Forecast
Alaska Air Group stock forecast is as follows: an average price target of $71.69 (represents a 51.79% upside from ALK’s last price of $47.23) and a rating consensus of 'Buy', based on 11 wall street analysts offering a 1-year stock forecast.
ALK Price Target
ALK Analyst Ratings
Alaska Air Group Price Target by Analyst
Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
---|---|---|---|---|---|---|
Oct 21, 2024 | Brandon Oglenski | Barclays | $55.00 | $44.94 | 22.39% | 16.45% |
Oct 09, 2024 | Christopher Stathoulopoulos | Susquehanna | $45.00 | $42.74 | 5.29% | -4.72% |
Sep 13, 2024 | Thomas Fitzgerald | Cantor Fitzgerald | $52.00 | $39.95 | 30.16% | 10.10% |
Apr 19, 2024 | Christopher Stathoulopoulos | Susquehanna | $42.00 | $44.44 | -5.49% | -11.07% |
Apr 18, 2024 | Duane Pfennigwerth | Evercore ISI | $65.00 | $44.44 | 46.26% | 37.62% |
Mar 19, 2024 | Atul Maheswari | UBS | $54.00 | $37.82 | 42.78% | 14.33% |
Feb 20, 2024 | Michael Linenberg | Deutsche Bank | $51.00 | $38.92 | 31.04% | 7.98% |
Dec 13, 2023 | Matthew Sheerin | Stifel Nicolaus | $135.00 | $38.07 | 254.60% | 185.84% |
Oct 19, 2023 | Brandon Oglenski | Barclays | $62.00 | $32.66 | 89.83% | 31.27% |
Oct 19, 2023 | Christopher Danely | Susquehanna | $41.00 | $32.66 | 25.54% | -13.19% |
Alaska Air Group Price Target by Period
1M | 3M | 12M | |
---|---|---|---|
# Anlaysts | 2 | 3 | 8 |
Avg Price Target | $50.00 | $50.67 | $62.38 |
Last Closing Price | $47.23 | $47.23 | $47.23 |
Upside/Downside | 5.86% | 7.28% | 32.08% |
Analyst Ratings Upgrades/Downgrades
Date | Company | Previous Rating | New Rating | Rating Change |
---|---|---|---|---|
Oct 09, 2024 | Susquehanna | Neutral | Neutral | Hold |
Sep 13, 2024 | Cowen & Co. | Buy | Buy | Hold |
May 17, 2024 | Wolfe Research | - | Outperform | Upgrade |
Apr 19, 2024 | Susquehanna | Neutral | Neutral | Hold |
Apr 19, 2024 | Bank of America Securities | Buy | Buy | Hold |
Apr 18, 2024 | Evercore ISI | Outperform | Outperform | Hold |
Apr 04, 2024 | Cowen & Co. | Buy | Buy | Hold |
Feb 20, 2024 | Deutsche Bank | - | Buy | Upgrade |
Dec 13, 2023 | Barclays | Overweight | Overweight | Hold |
Dec 04, 2023 | Raymond James | Strong Buy | Market Perform | Downgrade |
Alaska Air Group Financial Forecast
Alaska Air Group Revenue Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $2.55B | $2.84B | $2.84B | $2.20B | $2.48B | $2.83B | $2.66B | $1.68B | $1.90B | $1.95B | $1.53B | $797.00M | $808.00M | $701.00M | $421.00M | $1.64B | $2.23B | $2.39B |
Avg Forecast | $3.80B | $4.22B | $4.15B | $3.32B | $3.62B | $3.98B | $3.84B | $3.15B | $3.14B | $3.00B | $2.93B | $2.18B | $2.53B | $2.87B | $2.77B | $2.19B | $2.51B | $2.82B | $2.57B | $1.66B | $1.85B | $1.93B | $1.52B | $786.45M | $816.73M | $684.83M | $342.36M | $1.73B | $2.22B | $2.38B |
High Forecast | $3.99B | $4.43B | $4.36B | $3.48B | $3.80B | $4.18B | $4.03B | $3.31B | $3.18B | $3.05B | $2.93B | $2.18B | $2.54B | $3.02B | $2.90B | $2.30B | $2.63B | $2.82B | $2.57B | $1.66B | $1.85B | $1.93B | $1.52B | $786.45M | $816.73M | $684.83M | $342.36M | $1.73B | $2.22B | $2.38B |
Low Forecast | $3.61B | $4.00B | $3.94B | $3.15B | $3.43B | $3.78B | $3.65B | $2.99B | $3.05B | $2.96B | $2.92B | $2.18B | $2.52B | $2.73B | $2.63B | $2.08B | $2.38B | $2.82B | $2.57B | $1.66B | $1.85B | $1.93B | $1.52B | $786.45M | $816.73M | $684.83M | $342.36M | $1.73B | $2.22B | $2.38B |
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 1.01% | 0.99% | 1.03% | 1.00% | 0.99% | 1.00% | 1.04% | 1.01% | 1.03% | 1.01% | 1.01% | 1.01% | 0.99% | 1.02% | 1.23% | 0.95% | 1.01% | 1.00% |
Alaska Air Group EBITDA Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $94.00M | $272.00M | $538.00M | $-114.00M | $167.00M | $338.00M | $354.00M | $-106.00M | $154.00M | $371.00M | $662.00M | $-47.00M | $-512.00M | $-454.00M | $-168.00M | $-199.00M | $363.00M | $536.00M |
Avg Forecast | $147.57M | $163.89M | $161.24M | $128.94M | $140.48M | $154.78M | $149.25M | $122.53M | $121.92M | $116.76M | $113.75M | $-71.40M | $98.26M | $111.59M | $107.49M | $-64.91M | $177.10M | $109.56M | $99.79M | $-59.01M | $71.75M | $75.08M | $59.03M | $-48.55M | $31.74M | $26.61M | $13.30M | $-253.59M | $86.10M | $92.48M |
High Forecast | $154.93M | $172.06M | $169.28M | $135.38M | $147.49M | $162.50M | $156.70M | $128.64M | $123.75M | $118.45M | $113.92M | $-57.12M | $98.64M | $117.16M | $112.85M | $-51.93M | $212.52M | $109.56M | $99.79M | $-47.21M | $71.75M | $75.08M | $59.03M | $-38.84M | $31.74M | $26.61M | $13.30M | $-202.87M | $86.10M | $92.48M |
Low Forecast | $140.11M | $155.59M | $153.08M | $122.42M | $133.38M | $146.94M | $141.70M | $116.33M | $118.71M | $115.08M | $113.59M | $-85.68M | $97.87M | $105.95M | $102.05M | $-77.89M | $141.68M | $109.56M | $99.79M | $-70.81M | $71.75M | $75.08M | $59.03M | $-58.26M | $31.74M | $26.61M | $13.30M | $-304.31M | $86.10M | $92.48M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.96% | 2.44% | 5.01% | 1.76% | 0.94% | 3.09% | 3.55% | 1.80% | 2.15% | 4.94% | 11.21% | 0.97% | -16.13% | -17.06% | -12.63% | 0.78% | 4.22% | 5.80% |
Alaska Air Group Net Income Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $-2.00M | $139.00M | $240.00M | $-142.00M | $22.00M | $40.00M | $139.00M | $-143.00M | $18.00M | $194.00M | $397.00M | $-131.00M | $-447.00M | $-431.00M | $-214.00M | $-232.00M | $181.00M | $322.00M |
Avg Forecast | $154.02M | $322.15M | $469.75M | $-78.29M | $107.81M | $297.51M | $347.82M | $-107.81M | $70.13M | $284.71M | $309.82M | $-192.64M | $23.23M | $239.42M | $347.44M | $-175.13M | $20.70M | $306.97M | $252.20M | $-159.21M | $28.56M | $174.42M | $-56.12M | $-135.33M | $-371.62M | $-377.18M | $-494.89M | $-295.65M | $181.28M | $323.43M |
High Forecast | $164.00M | $343.04M | $500.21M | $-73.14M | $114.80M | $316.80M | $370.37M | $89.84M | $102.14M | $303.17M | $311.94M | $-154.11M | $34.16M | $254.94M | $369.97M | $-140.10M | $24.84M | $306.97M | $252.20M | $-127.37M | $28.56M | $181.74M | $-56.12M | $-108.26M | $-371.62M | $-377.18M | $-494.89M | $-236.52M | $181.28M | $323.43M |
Low Forecast | $143.88M | $300.96M | $438.85M | $-83.37M | $100.72M | $277.94M | $324.94M | $-299.48M | $41.92M | $265.98M | $307.71M | $-231.17M | $19.13M | $223.67M | $324.58M | $-210.15M | $16.56M | $306.97M | $252.20M | $-191.05M | $28.56M | $167.10M | $-56.12M | $-162.40M | $-371.62M | $-377.18M | $-494.89M | $-354.78M | $181.28M | $323.43M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.09% | 0.58% | 0.69% | 0.81% | 1.06% | 0.13% | 0.55% | 0.90% | 0.63% | 1.11% | -7.07% | 0.97% | 1.20% | 1.14% | 0.43% | 0.78% | 1.00% | 1.00% |
Alaska Air Group SG&A Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
SG&A | - | - | - | - | - | - | - | - | - | - | - | - | $72.00M | $84.00M | $81.00M | $66.00M | $77.00M | $82.00M | $78.00M | $58.00M | $50.00M | $49.00M | $41.00M | $33.00M | $18.00M | $24.00M | $4.00M | $55.00M | $77.00M | $77.00M |
Avg Forecast | $115.16M | $127.90M | $125.83M | $100.63M | $109.63M | $120.79M | $116.48M | $95.62M | $95.15M | $91.12M | $88.77M | $78.13M | $76.68M | $87.09M | $83.88M | $71.03M | $57.50M | $85.50M | $77.87M | $64.57M | $56.00M | $58.60M | $46.06M | $34.09M | $24.77M | $20.77M | $10.38M | $70.09M | $67.19M | $72.17M |
High Forecast | $120.91M | $134.27M | $132.11M | $105.65M | $115.10M | $126.81M | $122.29M | $100.39M | $96.58M | $92.43M | $88.90M | $93.76M | $76.98M | $91.43M | $88.06M | $85.24M | $69.00M | $85.50M | $77.87M | $77.49M | $56.00M | $58.60M | $46.06M | $40.91M | $24.77M | $20.77M | $10.38M | $84.11M | $67.19M | $72.17M |
Low Forecast | $109.34M | $121.42M | $119.46M | $95.53M | $104.08M | $114.67M | $110.58M | $90.78M | $92.64M | $89.80M | $88.64M | $62.51M | $76.38M | $82.68M | $79.64M | $56.82M | $46.00M | $85.50M | $77.87M | $51.66M | $56.00M | $58.60M | $46.06M | $27.27M | $24.77M | $20.77M | $10.38M | $56.07M | $67.19M | $72.17M |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.94% | 0.96% | 0.97% | 0.93% | 1.34% | 0.96% | 1.00% | 0.90% | 0.89% | 0.84% | 0.89% | 0.97% | 0.73% | 1.16% | 0.39% | 0.78% | 1.15% | 1.07% |
Alaska Air Group EPS Forecast
Dec 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
# Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 7 | 3 | 6 | 4 | 8 | 4 | 6 | 4 | 5 | 3 | 4 | 3 | 5 | 4 | 5 | 4 | 13 | 7 | 7 | 9 | 8 | 6 |
EPS | - | - | - | - | - | - | - | - | - | - | - | - | $-0.02 | $1.09 | $1.88 | $-1.11 | $0.17 | $0.32 | $1.10 | $-1.14 | $0.14 | $1.55 | $3.18 | $-1.05 | $-3.47 | $-3.49 | $-1.74 | $-1.89 | $1.47 | $2.61 |
Avg Forecast | $1.20 | $2.51 | $3.66 | $-0.61 | $0.84 | $2.32 | $2.71 | $-0.84 | $0.55 | $2.22 | $2.41 | $-1.05 | $0.18 | $1.87 | $2.71 | $-0.48 | $0.94 | $2.39 | $1.97 | $-1.59 | $0.22 | $1.36 | $-0.44 | $-3.63 | $-2.90 | $-2.94 | $-3.86 | $-0.95 | $1.41 | $2.52 |
High Forecast | $1.28 | $2.67 | $3.90 | $-0.57 | $0.89 | $2.47 | $2.89 | $0.70 | $0.80 | $2.36 | $2.43 | $-0.98 | $0.27 | $1.99 | $2.88 | $-0.45 | $1.00 | $2.39 | $1.97 | $-1.59 | $0.22 | $1.42 | $-0.44 | $-3.63 | $-2.90 | $-2.94 | $-3.86 | $-0.95 | $1.41 | $2.52 |
Low Forecast | $1.12 | $2.34 | $3.42 | $-0.65 | $0.78 | $2.17 | $2.53 | $-2.33 | $0.33 | $2.07 | $2.40 | $-1.11 | $0.15 | $1.74 | $2.53 | $-0.51 | $0.88 | $2.39 | $1.97 | $-1.59 | $0.22 | $1.30 | $-0.44 | $-3.63 | $-2.90 | $-2.94 | $-3.86 | $-0.95 | $1.41 | $2.52 |
Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | -0.09% | 0.58% | 0.69% | 2.31% | 0.18% | 0.13% | 0.56% | 0.72% | 0.63% | 1.14% | -7.27% | 0.29% | 1.20% | 1.19% | 0.45% | 1.99% | 1.04% | 1.04% |
Alaska Air Group Peer Comparison by Price Target
Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
---|---|---|---|---|---|
SAVE | Spirit Airlines | $2.34 | $17.48 | 647.01% | Buy |
ULCC | Frontier Group | $5.70 | $10.96 | 92.28% | Hold |
JBLU | JetBlue Airways | $5.71 | $9.63 | 68.65% | Hold |
ALK | Alaska Air Group | $47.23 | $71.69 | 51.79% | Buy |
ALGT | Allegiant Travel Company | $65.96 | $97.50 | 47.82% | Hold |
AAL | American Airlines Group | $12.99 | $18.91 | 45.57% | Hold |
LUV | Southwest Airlines | $29.91 | $43.08 | 44.03% | Hold |
DAL | Delta Air Lines | $56.89 | $56.85 | -0.07% | Buy |
UAL | United Airlines | $77.25 | $71.06 | -8.01% | Buy |
SKYW | SkyWest | $99.24 | $42.00 | -57.68% | Buy |
ALK Forecast FAQ
Is Alaska Air Group a good buy?
Yes, according to 11 Wall Street analysts, Alaska Air Group (ALK) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 81.82% of ALK's total ratings.
What is ALK's price target?
Alaska Air Group (ALK) average price target is $71.69 with a range of $45 to $135, implying a 51.79% from its last price of $47.23. The data is based on 11 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Alaska Air Group stock go up soon?
According to Wall Street analysts' prediction for ALK stock, the company can go up by 51.79% (from the last price of $47.23 to the average price target of $71.69), up by 185.84% based on the highest stock price target, and down by -4.72% based on the lowest stock price target.
Can Alaska Air Group stock reach $70?
ALK's average twelve months analyst stock price target of $71.69 supports the claim that Alaska Air Group can reach $70 in the near future.
What is Alaska Air Group's current price target trend?
2 Wall Street analysts forecast a $50 price target for Alaska Air Group (ALK) this month, up 5.86% from its last price of $47.23. Compared to the last 3 and 12 months, the average price target increased by 7.28% and increased by 32.08%, respectively.
What are Alaska Air Group's analysts' financial forecasts?
Alaska Air Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $14.59B (high $15.32B, low $13.85B), average EBITDA is $567.04M (high $595.33M, low $538.35M), average net income is $645.33M (high $891.82M, low $404.12M), average SG&A $442.51M (high $464.59M, low $420.12M), and average EPS is $5.03 (high $6.95, low $3.15). ALK's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $15.48B (high $16.26B, low $14.7B), average EBITDA is $601.65M (high $631.65M, low $571.2M), average net income is $867.63M (high $934.11M, low $800.32M), average SG&A $469.52M (high $492.94M, low $445.76M), and average EPS is $6.76 (high $7.28, low $6.24).
Did the ALK's actual financial results beat the analysts' financial forecasts?
Based on Alaska Air Group's last annual report (Dec 2023), the company's revenue was $10.43B, beating the average analysts forecast of $10.36B by 0.63%. Apple's EBITDA was $653M, beating the average prediction of $252.43M by 158.69%. The company's net income was $235M, missing the average estimation of $434.96M by -45.97%. Apple's SG&A was $303M, missing the average forecast of $318.68M by -4.92%. Lastly, the company's EPS was $1.84, missing the average prediction of $4.27 by -56.93%. In terms of the last quarterly report (Dec 2023), Alaska Air Group's revenue was $2.55B, beating the average analysts' forecast of $2.53B by 0.97%. The company's EBITDA was $94M, missing the average prediction of $98.26M by -4.33%. Alaska Air Group's net income was $-2M, missing the average estimation of $23.23M by -108.61%. The company's SG&A was $72M, missing the average forecast of $76.68M by -6.10%. Lastly, the company's EPS was $-0.0157, missing the average prediction of $0.181 by -108.67%