Alaska Air Group, Inc. (NYSE:ALK) Stock Has Consensus Price Target of $57.38

Shares of Alaska Air Group, Inc. (NYSE:ALK) have been given an average recommendation of “Moderate Buy” by the thirteen brokerages that are covering the company, MarketBeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation and ten have issued a buy recommendation on the company. The average 1 year price target among brokers that have updated their coverage on the stock in the last year is $53.23.

A number of analysts have recently commented on the stock. Citigroup reiterated a “sell” rating and issued a $33.00 price target (down from $37.00) on shares of Alaska Air Group in a research note on Thursday. Susquehanna lowered their price objective on shares of Alaska Air Group from $50.00 to $43.00 and set a “positive” rating on the stock in a research report on Thursday. Weiss Ratings downgraded shares of Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research report on Tuesday, August 18th. Bank of America raised their target price on shares of Alaska Air Group from $60.00 to $65.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Finally, The Goldman Sachs Group restated a “buy” rating and issued a $52.00 target price on shares of Alaska Air Group in a report on Thursday.

Alaska Air Group News Summary

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: JPMorgan maintained an “overweight” rating and Susquehanna retained a “positive” rating, indicating that both firms see potential upside despite reducing their price targets to $74 and $43, respectively. JPMorgan analyst coverage Susquehanna analyst coverage
• Neutral Sentiment: Alaska Air’s third-quarter revenue increased 14.4% year over year to $4.31 billion, but earnings per share of $0.36 missed the $0.39 consensus estimate and fell sharply from $1.05 in the prior-year quarter. The results highlight continued growth alongside deteriorating margins. Alaska Air Q3 2026 earnings call transcript
• Negative Sentiment: The company issued fourth-quarter EPS guidance of a $2.50–$2.00 loss, substantially below the consensus estimate for a $1.14 loss. The wider projected loss reinforces concerns that elevated fuel expenses are overwhelming revenue growth. Alaska Air Q3 2026 financial results
• Negative Sentiment: Industry conditions are also unfavorable: U.S. airlines are favoring higher fares over fuller aircraft as fuel costs squeeze profits. That environment could limit passenger demand while increasing pressure on Alaska Air’s operating margins. Reuters airline fuel-costs article
• Negative Sentiment: Zacks Research downgraded Alaska Air from “hold” to “strong sell,” adding to the bearish reaction to the earnings outlook. Zacks Research rating

Alaska Air Group Price Performance

NYSE ALK opened at $34.39 on Wednesday. Alaska Air Group has a one year low of $32.33 and a one year high of $60.63. The stock has a 50-day moving average of $39.76 and a 200 day moving average of $43.12. The company has a market capitalization of $3.83 billion, a price-to-earnings ratio of -9.80 and a beta of 1.33. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.51 and a current ratio of 0.46.

Alaska Air Group (NYSE:ALK) last posted its earnings results on Tuesday, October 20th. The transportation company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.03). The company had revenue of $4.31 billion for the quarter, compared to the consensus estimate of $4.31 billion. Alaska Air Group had a negative net margin of 2.58% and a negative return on equity of 5.42%. Alaska Air Group’s revenue was up 14.4% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.05 EPS. On average, sell-side analysts forecast that Alaska Air Group will post -3.49 EPS for the current year.

Insider Buying and Selling at Alaska Air Group

In related news, EVP Andrew Harrison sold 5,300 shares of Alaska Air Group stock in a transaction on Monday, August 3rd. The stock was sold at an average price of $49.67, for a total value of $263,251.00. Following the completion of the sale, the executive vice president owned 25,528 shares of the company’s stock, valued at $1,267,975.76. The trade was a 17.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CEO Benito Minicucci acquired 25,000 shares of Alaska Air Group stock in a transaction that occurred on Thursday, August 20th. The shares were purchased at an average price of $40.06 per share, with a total value of $1,001,500.00. Following the transaction, the chief executive officer owned 256,582 shares of the company’s stock, valued at $10,278,674.92. The trade was a 10.80% increase in their position. The disclosure for this purchase is available in the SEC filing. 1.00% of the stock is owned by corporate insiders.

Institutional Trading of Alaska Air Group

A number of hedge funds and other institutional investors have recently added to or reduced their stakes in ALK. Signaturefd LLC lifted its stake in shares of Alaska Air Group by 35.7% during the 3rd quarter. Signaturefd LLC now owns 3,702 shares of the transportation company’s stock valued at $143,000 after buying an additional 974 shares in the last quarter. Fifth Third Wealth Advisors LLC boosted its holdings in Alaska Air Group by 214.4% in the 3rd quarter. Fifth Third Wealth Advisors LLC now owns 12,400 shares of the transportation company’s stock worth $480,000 after buying an additional 8,456 shares during the period. Credit Capital Investments LLC boosted its holdings in Alaska Air Group by 33.3% in the 3rd quarter. Credit Capital Investments LLC now owns 20,000 shares of the transportation company’s stock worth $774,000 after buying an additional 5,000 shares during the period. U S Global Investors Inc. increased its stake in Alaska Air Group by 13.9% in the 3rd quarter. U S Global Investors Inc. now owns 728,679 shares of the transportation company’s stock worth $28,200,000 after buying an additional 88,966 shares in the last quarter. Finally, Root Financial Partners LLC purchased a new stake in Alaska Air Group in the 3rd quarter worth $48,000. 81.90% of the stock is owned by hedge funds and other institutional investors.

Alaska Air Group Company Profile

Alaska Air Group, Inc is an airline holding company headquartered in Seattle, Washington. Its principal subsidiaries include Alaska Airlines and Hawaiian Airlines, which operate under separate brands while serving passengers throughout North America, the Pacific and other international markets.

Alaska Airlines provides scheduled passenger and air cargo services across the United States, Canada, Mexico, Costa Rica and the Bahamas, with a strong presence on the U.S. West Coast and in Alaska.