SkyWest (SKYW) Stock Forecast, Price Target & Predictions
SKYW Stock Forecast
SkyWest stock forecast is as follows: an average price target of $42.00 (represents a -46.33% downside from SKYW’s last price of $78.26) and a rating consensus of 'Buy', based on 3 wall street analysts offering a 1-year stock forecast.
SKYW Price Target
The average price target for SkyWest (SKYW) is $42.00 based on 1-year price targets from 3 Wall Street analysts in the past 3 months, with a price target range of $42.00 to $42.00. This represents a potential -46.33% downside from SKYW's last price of $78.26.
SKYW Analyst Ratings
According to 3 Wall Street analysts, SkyWest's rating consensus is 'Buy'. The analyst rating breakdown for SKYW stock is 0 'Strong Buy' (0.00%), 3 'Buy' (100.00%), 0 'Hold' (0.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
SkyWest Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Dec 15, 2021 | Helane Becker | Cowen & Co. | $42.00 | $38.07 | 10.32% | -46.33% |
The latest SkyWest stock forecast, released on Dec 15, 2021 by Helane Becker from Cowen & Co., set a price target of $42.00, which represents a 10.32% increase from the stock price at the time of the forecast ($38.07), and a -46.33% decrease from SKYW last price ($78.26).
SkyWest Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | - | - | - |
| Avg Price Target | - | - | - |
| Last Closing Price | $78.26 | $78.26 | $78.26 |
| Upside/Downside | -100.00% | -100.00% | -100.00% |
In the current month, the average price target of SkyWest stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to SkyWest's last price of $78.26. This month's average price target is down NaN% compared to last quarter, and down NaN% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Jun 04, 2024 | Cowen & Co. | Buy | Buy | Hold |
| Feb 05, 2024 | Cowen & Co. | - | Outperform | Upgrade |
| Aug 31, 2023 | Raymond James | Market Perform | Outperform | Upgrade |
| Jun 15, 2023 | Deutsche Bank | - | Buy | Upgrade |
| Apr 03, 2023 | Raymond James | - | Market Perform | Upgrade |
SkyWest's last stock rating was published by Cowen & Co. on Jun 04, 2024. The company gave SKYW a "Buy" rating, the same as its previous rate.
SkyWest Financial Forecast
SkyWest 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 | Jul 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | $751.79M | - | $725.64M | $691.83M | $681.25M | $789.44M | - | $735.15M | $777.16M | $744.78M | $656.99M | $534.55M | $589.64M | $457.49M | $350.04M | $729.94M | $743.59M | $760.29M |
| Avg Forecast | $997.70M | $1.07B | $1.03B | $965.12M | $932.12M | $968.61M | $942.37M | $914.97M | $875.33M | $896.24M | $826.56M | $800.07M | $758.41M | $756.27M | $707.75M | $668.55M | $753.96M | $807.01M | $716.32M | $697.04M | $726.35M | $684.87M | $604.69M | $575.70M | $537.78M | $444.15M | $381.94M | $715.23M | $737.39M | $752.88M |
| High Forecast | $1.02B | $1.09B | $1.06B | $984.76M | $951.08M | $988.32M | $961.55M | $933.59M | $893.14M | $900.76M | $843.38M | $816.35M | $780.96M | $763.12M | $722.15M | $682.16M | $769.30M | $823.43M | $716.32M | $715.04M | $745.10M | $702.55M | $620.30M | $590.56M | $551.66M | $455.62M | $391.81M | $733.70M | $756.43M | $772.32M |
| Low Forecast | $958.42M | $1.02B | $993.97M | $927.13M | $895.42M | $930.47M | $905.27M | $878.95M | $840.87M | $891.71M | $794.02M | $768.57M | $719.94M | $745.72M | $679.89M | $642.23M | $724.27M | $775.24M | $716.32M | $667.90M | $695.98M | $656.23M | $579.41M | $551.63M | $515.29M | $425.58M | $365.98M | $685.33M | $706.56M | $721.41M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | - | 1.03% | 1.03% | 0.90% | 0.98% | - | 1.05% | 1.07% | 1.09% | 1.09% | 0.93% | 1.10% | 1.03% | 0.92% | 1.02% | 1.01% | 1.01% |
SkyWest's average Quarter revenue forecast for Mar 24 based on 1 analysts is $800.07M, with a low forecast of $768.57M, and a high forecast of $816.35M. SKYW's average Quarter revenue forecast represents a 6.42% increase compared to the company's last Quarter revenue of $751.79M (Dec 23).
SkyWest 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | $88.63M | - | $51.35M | $7.50M | $-26.90M | $90.04M | - | $53.35M | $33.89M | $127.78M | $115.31M | $81.34M | $-27.48M | $76.36M | $-2.32M | $69.28M | $128.66M | $150.34M |
| Avg Forecast | $124.93M | $133.36M | $129.57M | $120.85M | $116.72M | $121.29M | $118.00M | $114.57M | $109.61M | $112.23M | $103.50M | $100.18M | $94.97M | $94.70M | $88.62M | $83.72M | $94.41M | $41.93M | $89.70M | $87.28M | $335.48M | $38.12M | $244.63M | $97.79M | $-24.17M | $376.18M | $-1.93M | $93.65M | $126.83M | $146.02M |
| High Forecast | $127.47M | $136.08M | $132.20M | $123.31M | $119.09M | $123.76M | $120.41M | $116.90M | $111.84M | $112.79M | $105.61M | $102.22M | $97.79M | $95.56M | $90.43M | $85.42M | $96.33M | $50.32M | $89.70M | $89.54M | $402.58M | $45.75M | $293.55M | $117.35M | $-19.34M | $451.41M | $-1.54M | $112.38M | $152.20M | $175.23M |
| Low Forecast | $120.01M | $128.11M | $124.46M | $116.09M | $112.12M | $116.51M | $113.36M | $110.06M | $105.29M | $111.66M | $99.43M | $96.24M | $90.15M | $93.38M | $85.14M | $80.42M | $90.69M | $33.55M | $89.70M | $83.63M | $268.39M | $30.50M | $195.70M | $78.23M | $-29.00M | $300.94M | $-2.32M | $74.92M | $101.47M | $116.82M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 0.93% | - | 0.58% | 0.09% | -0.28% | 2.15% | - | 0.61% | 0.10% | 3.35% | 0.47% | 0.83% | 1.14% | 0.20% | 1.20% | 0.74% | 1.01% | 1.03% |
1 analysts predict SKYW's average Quarter EBITDA for Mar 24 to be $100.18M, with a high of $102.22M and a low of $96.24M. This is 13.04% upper than SkyWest's previous annual EBITDA (Dec 23) of $88.63M.
SkyWest 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | $17.52M | - | $15.42M | $-22.07M | $-47.10M | $48.37M | - | $17.73M | $4.33M | $9.68M | $61.99M | $35.90M | $-46.45M | $33.66M | $-25.71M | $29.99M | $72.53M | $91.34M |
| Avg Forecast | $94.88M | $116.42M | $115.18M | $65.46M | $83.90M | $97.36M | $92.39M | $58.00M | $70.64M | $79.86M | $71.82M | $460.45M | $6.38M | $16.74M | $-15.99M | $492.46M | $3.40M | $9.40M | $18.05M | $526.70M | $42.89M | $8.55M | $131.52M | $43.16M | $-40.85M | $165.83M | $-21.43M | $40.53M | $71.50M | $88.71M |
| High Forecast | $97.39M | $119.50M | $118.23M | $67.19M | $86.12M | $99.94M | $94.84M | $59.54M | $72.51M | $82.35M | $73.72M | $552.54M | $11.60M | $18.83M | $-15.17M | $590.96M | $3.49M | $11.28M | $18.05M | $632.04M | $51.46M | $10.26M | $157.82M | $51.79M | $-32.68M | $199.00M | $-17.14M | $48.64M | $85.80M | $106.46M |
| Low Forecast | $90.02M | $110.46M | $109.28M | $62.11M | $79.60M | $92.38M | $87.66M | $55.03M | $67.02M | $76.95M | $68.14M | $368.36M | $4.06M | $14.65M | $-16.42M | $393.97M | $3.22M | $7.52M | $18.05M | $421.36M | $34.31M | $6.84M | $105.21M | $34.53M | $-49.02M | $132.66M | $-25.71M | $32.43M | $57.20M | $70.97M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.75% | - | -0.96% | -0.04% | -13.86% | 5.14% | - | 0.03% | 0.10% | 1.13% | 0.47% | 0.83% | 1.14% | 0.20% | 1.20% | 0.74% | 1.01% | 1.03% |
SkyWest's average Quarter net income forecast for Mar 24 is $460.45M, with a range of $368.36M to $552.54M. SKYW's average Quarter net income forecast represents a 2528.76% increase compared to the company's last Quarter net income of $17.52M (Dec 23).
SkyWest 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Avg Forecast | $95.56M | $102.01M | $99.11M | $92.44M | $89.28M | $92.78M | $90.27M | $87.64M | $83.84M | $85.85M | $79.17M | $76.63M | $72.64M | $72.44M | $67.79M | $64.04M | $72.22M | $77.30M | $68.61M | $66.77M | $69.57M | $65.60M | $57.92M | $55.14M | $51.51M | $42.54M | $36.58M | $68.51M | $70.63M | $72.11M |
| High Forecast | $97.51M | $104.09M | $101.13M | $94.33M | $91.10M | $94.67M | $92.10M | $89.42M | $85.55M | $86.28M | $80.78M | $78.19M | $74.80M | $73.10M | $69.17M | $65.34M | $73.69M | $78.87M | $68.61M | $68.49M | $71.37M | $67.29M | $59.42M | $56.57M | $52.84M | $43.64M | $37.53M | $70.28M | $72.45M | $73.98M |
| Low Forecast | $91.80M | $98.00M | $95.21M | $88.80M | $85.77M | $89.13M | $86.71M | $84.19M | $80.54M | $85.41M | $76.05M | $73.62M | $68.96M | $71.43M | $65.12M | $61.52M | $69.37M | $74.26M | $68.61M | $63.97M | $66.66M | $62.86M | $55.50M | $52.84M | $49.36M | $40.76M | $35.06M | $65.64M | $67.68M | $69.10M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
SkyWest's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to SKYW last annual SG&A of $NaN (undefined).
SkyWest 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 | Jul 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 | 1 | 1 | 3 | 1 | 1 | 3 | 5 | 4 | 4 | 3 | 3 | 1 | 1 | 2 | 2 | 2 | 4 | 4 | 7 | 4 | 4 | 3 | 5 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | $0.43 | - | $0.35 | $-0.45 | $-0.93 | $0.96 | - | $0.35 | $0.09 | $0.19 | $1.23 | $0.71 | $-0.93 | $0.67 | $-0.51 | $0.60 | $1.44 | $1.80 |
| Avg Forecast | $2.29 | $2.81 | $2.78 | $1.58 | $2.02 | $2.35 | $2.23 | $1.40 | $1.71 | $1.93 | $1.73 | $1.17 | $0.15 | $0.40 | $-0.39 | $-0.55 | $0.08 | $0.56 | $0.43 | $-0.01 | $1.89 | $0.97 | $0.17 | $1.16 | $-0.83 | $-0.19 | $-0.13 | $0.96 | $1.41 | $1.74 |
| High Forecast | $2.35 | $2.88 | $2.85 | $1.62 | $2.08 | $2.41 | $2.29 | $1.44 | $1.75 | $1.99 | $1.78 | $1.20 | $0.28 | $0.45 | $-0.37 | $-0.52 | $0.08 | $0.58 | $0.43 | $-0.01 | $1.96 | $1.00 | $0.18 | $1.20 | $-0.78 | $-0.18 | $-0.12 | $0.99 | $1.46 | $1.80 |
| Low Forecast | $2.17 | $2.67 | $2.64 | $1.50 | $1.92 | $2.23 | $2.12 | $1.33 | $1.62 | $1.86 | $1.64 | $1.11 | $0.10 | $0.35 | $-0.40 | $-0.56 | $0.08 | $0.53 | $0.43 | $-0.01 | $1.79 | $0.91 | $0.16 | $1.10 | $-0.86 | $-0.20 | $-0.13 | $0.90 | $1.34 | $1.64 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | 2.79% | - | -0.91% | 0.82% | -11.34% | 1.71% | - | -43.75% | 0.05% | 0.20% | 7.07% | 0.61% | 1.12% | -3.48% | 4.03% | 0.63% | 1.02% | 1.04% |
According to 1 Wall Street analysts, SkyWest's projected average Quarter EPS for Mar 24 is $1.17, with a low estimate of $1.11 and a high estimate of $1.20. This represents a 170.93% increase compared to SKYW previous annual EPS of $0.43 (Dec 23).
SkyWest Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SAVE | Spirit Airlines | $2.50 | $17.48 | 599.20% | Buy |
| AZUL | Azul | $2.77 | $10.55 | 280.87% | Hold |
| ULCC | Frontier Group | $4.31 | $11.07 | 156.84% | Hold |
| ALGT | Allegiant Travel Company | $41.55 | $97.50 | 134.66% | Hold |
| SNCY | Sun Country Airlines | $10.97 | $23.20 | 111.49% | Buy |
| ATSG | Air Transport Services Group | $15.33 | $26.67 | 73.97% | Buy |
| ALK | Alaska Air Group | $41.64 | $72.00 | 72.91% | Buy |
| JBLU | JetBlue Airways | $5.94 | $9.45 | 59.09% | Hold |
| CPA | Copa | $88.96 | $122.25 | 37.42% | Buy |
| HA | Hawaiian | $17.30 | $18.25 | 5.49% | Hold |
| SKYW | SkyWest | $78.26 | $42.00 | -46.33% | Buy |
SKYW Forecast FAQ
Is SkyWest a good buy?
Yes, according to 3 Wall Street analysts, SkyWest (SKYW) is considered a 'Buy'. The rating consensus is based on 0 'Strong Buy' and 3 'Buy' recommendations, accounting for 100.00% of SKYW's total ratings.
What is SKYW's price target?
SkyWest (SKYW) average price target is $42 with a range of $42 to $42, implying a -46.33% from its last price of $78.26. The data is based on 3 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will SkyWest stock go up soon?
According to Wall Street analysts' prediction for SKYW stock, the company can go down by -46.33% (from the last price of $78.26 to the average price target of $42), down by -46.33% based on the highest stock price target, and down by -46.33% based on the lowest stock price target.
Can SkyWest stock reach $120?
SKYW's average twelve months analyst stock price target of $42 does not support the claim that SkyWest can reach $120 in the near future.
What are SkyWest's analysts' financial forecasts?
SkyWest's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $3.76B (high $3.83B, low $3.61B), average EBITDA is $470.59M (high $480.16M, low $452.06M), average net income is $331.66M (high $340.43M, low $314.68M), average SG&A $359.97M (high $367.29M, low $345.79M), and average EPS is $8.01 (high $8.22, low $7.6). SKYW's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.06B (high $4.15B, low $3.9B), average EBITDA is $508.71M (high $519.07M, low $488.69M), average net income is $391.94M (high $402.31M, low $371.88M), average SG&A $389.13M (high $397.05M, low $373.81M), and average EPS is $9.46 (high $9.71, low $8.98).
Did the SKYW's actual financial results beat the analysts' financial forecasts?
Based on SkyWest's last annual report (Dec 2023), the company's revenue was $2.94B, beating the average analysts forecast of $2.89B by 1.54%. Apple's EBITDA was $292.49M, missing the average prediction of $362.01M by -19.20%. The company's net income was $34.34M, missing the average estimation of $499.59M by -93.13%. Apple's SG&A was $0, missing the average forecast of $276.91M by -100.00%. Lastly, the company's EPS was $0.78, missing the average prediction of $-0.376 by -307.45%. In terms of the last quarterly report (Dec 2023), SkyWest's revenue was $751.79M, missing the average analysts' forecast of $758.41M by -0.87%. The company's EBITDA was $88.63M, missing the average prediction of $94.97M by -6.68%. SkyWest's net income was $17.52M, beating the average estimation of $6.38M by 174.53%. The company's SG&A was $0, missing the average forecast of $72.64M by -100.00%. Lastly, the company's EPS was $0.43, beating the average prediction of $0.154 by 179.22%