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Alaska Air Group Inc (ALK) Stock Forecast & Price Prediction

Live ALK Stock Price & Analysis

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$75.06

-0.86 (-1.13%)

12 Month Price Forecast For ALK

$75.06
Current Price
$9.37B
Market Cap
16 Ratings
Buy 15
Hold 1
Sell 0
Wall St Analyst Ratings

Distance to ALK Price Forecasts

+46.5%
To High Target of $110.00
+13.2%
To Median Target of $85.00
+3.0%
To Low Target of $77.34

ALK Price Momentum

-0.6%
1 Week Change
+10.1%
1 Month Change
+101.8%
1 Year Change
+15.9%
Year-to-Date Change
-1.7%
From 52W High of $76.33
+130.1%
From 52W Low of $32.62

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Disclaimer: The information provided by Ticker Nerd is for educational and informational purposes only. It should not be considered financial or investment advice. Past performance is not indicative of future results. Always conduct your own research and consult with a qualified financial advisor before making any investment decisions. Analyst ratings and price forecasts are sourced from Wall St analysts and other experts. These projections are speculative and do not guarantee future stock performance.

Data last updated: February 11, 2025 5:54 PM UTC

ALK Analyst Ratings & Price Targets

Based on our analysis of 22 Wall Street analysts, ALK has a bullish consensus with a median price target of $85.00 (ranging from $77.34 to $110.00). The overall analyst rating is Strong Buy (9.1/10). Currently trading at $75.06, the median forecast implies a 13.2% upside. This outlook is supported by 15 Buy, 1 Hold, and 0 Sell ratings.

The most optimistic forecast comes from Andrew Didora at B of A Securities, projecting a 46.5% upside.

Please note that analyst price targets are forward-looking estimates subject to substantial market, economic, and company-specific risks. Past performance does not guarantee future results, and actual stock performance may materially differ from these projections. Investors should conduct their own due diligence and consider their investment objectives and risk tolerance before making investment decisions.

ALK Analyst Consensus

15
Buy
1
Hold
0
Sell

ALK Price Target Range

Low
$77.34
Average
$85.00
High
$110.00
Current: $75.06

Latest ALK Stock Forecasts by Analyst

These are the latest 20 analyst ratings and price targets for ALK.

Date Firm Analyst Rating Change Price Target
Jan 17, 2025 B of A Securities Andrew Didora Buy Maintains $80.00
Jan 14, 2025 Goldman Sachs Catherine O'Brien Buy Maintains $79.00
Jan 7, 2025 UBS Thomas Wadewitz Buy Maintains $82.00
Dec 16, 2024 Citigroup Stephen Trent Buy Maintains $74.00
Dec 11, 2024 JP Morgan Jamie Baker Overweight Maintains $85.00
Dec 11, 2024 Morgan Stanley Ravi Shanker Overweight Maintains $90.00
Nov 26, 2024 UBS Thomas Wadewitz Buy Assumes $72.00
Nov 15, 2024 Goldman Sachs Catherine O'Brien Buy Reinstates $70.00
Nov 14, 2024 Barclays Brandon Oglenski Overweight Maintains $80.00
Oct 28, 2024 Melius Research Conor Cunningham Buy Upgrade $56.00
Oct 21, 2024 Barclays Brandon Oglenski Overweight Reinstates $55.00
Oct 9, 2024 Susquehanna Christopher Stathoulopoulos Neutral Maintains $45.00
Oct 3, 2024 TD Cowen Helane Becker Buy Maintains $50.00
Oct 3, 2024 Evercore ISI Group Duane Pfennigwerth Outperform Maintains $55.00
Sep 13, 2024 B of A Securities Andrew Didora Buy Maintains $55.00
Sep 13, 2024 TD Cowen Helane Becker Buy Maintains $52.00
Aug 29, 2024 Citigroup Stephen Trent Buy Maintains $48.00
Jul 22, 2024 Morgan Stanley Ravi Shanker Overweight Maintains $70.00
Jul 16, 2024 Susquehanna Christopher Danely Neutral Maintains $41.00
May 17, 2024 Wolfe Research Scott Group Outperform Upgrade $55.00

Stocks Similar to Alaska Air Group Inc

The following stocks are similar to Alaska Airlines based on their market capitalization and industry sector. These similar stocks potentially provide investors with alternative investment opportunities within the same market segment.

Alaska Air Group Inc (ALK) Financial Data

Alaska Air Group Inc has a market capitalization of $9.37B with a P/E ratio of 24.7x. The company generates $10.75B in trailing twelve-month revenue with a 3.0% profit margin.

Revenue growth is +8.2% quarter-over-quarter, while maintaining an operating margin of +13.4% and return on equity of +7.5%.

Valuation Metrics

Market Cap $9.37B
Enterprise Value $12.19B
P/E Ratio 24.7x
PEG Ratio 14.1x
Price/Sales 0.9x

Growth & Margins

Revenue Growth (YoY) +8.2%
Gross Margin +22.8%
Operating Margin +13.4%
Net Margin +3.0%
EPS Growth +69.8%

Financial Health

Cash/Price Ratio +26.3%
Current Ratio 0.6x
Debt/Equity 137.1x
ROE +7.5%
ROA +2.9%

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Alaska Air Group Inc (ALK) Company Overview

About Alaska Air Group Inc

What They Do

Operates airlines providing scheduled air transportation.

Business Model

The company generates revenue primarily through the sale of passenger and cargo transportation services across its three segments: Mainline, Regional, and Horizon. It uses a fleet of Boeing jet aircraft to serve domestic and select international routes, catering to both short and long-distance travel needs.

Additional Information

Founded in 1932 and headquartered in Seattle, Washington, Alaska Air Group operates in a competitive airline industry, focusing on efficiency and customer service to maintain its market position. The company serves various destinations in the U.S., Canada, Mexico, and parts of Central America, making it a key player in regional travel.

Company Information

Sector

Industrials

Industry

Airlines

Employees

23,784

CEO

Mr. Benito Minicucci

Country

United States

IPO Year

1983

Alaska Air Group Inc (ALK) Latest News & Analysis

ALK stock latest news image
Quick Summary

The assessment focuses on the investment potential of ALK stock at its current price levels.

Why It Matters

The assessment of ALK stock's investment worthiness indicates potential risks or opportunities, influencing investor decisions on buying, holding, or selling shares.

Source: Zacks Investment Research
Market Sentiment: Neutral
ALK stock latest news image
Quick Summary

Alaska Air (ALK) is currently attracting significant interest from Zacks.com users, indicating potential factors that could influence its stock performance.

Why It Matters

Increased attention on Alaska Air may signal heightened investor interest, potentially leading to stock price volatility and opportunities for gains or losses.

Source: Zacks Investment Research
Market Sentiment: Positive
ALK stock latest news image
Quick Summary

Joshua Wein, co-manager of a top-performing mutual fund, avoids megacap stocks and instead focuses on his preferred investments, as reported by Investor's Business Daily.

Why It Matters

The excerpt highlights a successful fund manager's strategy of avoiding megacap stocks, suggesting potential opportunities in smaller stocks that may outperform, influencing investment decisions.

Source: Investors Business Daily
Market Sentiment: Positive
ALK stock latest news image
Quick Summary

Alaska Air (ALK) is currently at a 52-week high. Investors may look at the company's fundamentals for insights on potential future gains.

Why It Matters

Alaska Air reaching a 52-week high signals strong performance, but evaluating fundamentals will determine potential for future price appreciation and risk.

Source: Zacks Investment Research
Market Sentiment: Positive
ALK stock latest news image
Quick Summary

Zacks emphasizes its Rank system based on earnings estimates and revisions to identify strong stocks, while also monitoring value, growth, and momentum trends.

Why It Matters

Zacks' emphasis on earnings estimates and revisions highlights potential stock performance, aiding investors in identifying strong candidates in value, growth, and momentum sectors.

Source: Zacks Investment Research
Market Sentiment: Positive
ALK stock latest news image
Quick Summary

Alaska Air Group reported Q4 revenue up 38.4% YoY, with EPS exceeding forecasts. The Hawaiian Airlines acquisition presents growth opportunities but also integration challenges and increased costs.

Why It Matters

Alaska Air's strong Q4 results and Hawaiian Airlines acquisition highlight growth potential but raise integration and cost concerns. Competitive positioning and recent share price surge may affect investment appeal.

Source: Seeking Alpha
Market Sentiment: Positive

Frequently Asked Questions About ALK Stock

What is Alaska Air Group Inc's (ALK) stock forecast for 2025?

Based on our analysis of 22 Wall Street analysts, Alaska Air Group Inc (ALK) has a median price target of $85.00. The highest price target is $110.00 and the lowest is $77.34.

Is ALK stock a good investment in 2025?

According to current analyst ratings, ALK has 15 Buy ratings, 1 Hold ratings, and 0 Sell ratings. The stock is currently trading at $75.06. Always conduct your own research and consider your investment goals before making investment decisions.

What is the price prediction for ALK stock?

Wall Street analysts predict ALK stock could reach $85.00 in the next 12 months. This represents a 13.2% increase from the current price of $75.06. Please note that this is a projection by Wall Street analysts and not a guarantee.

What is Alaska Air Group Inc's business model?

The company generates revenue primarily through the sale of passenger and cargo transportation services across its three segments: Mainline, Regional, and Horizon. It uses a fleet of Boeing jet aircraft to serve domestic and select international routes, catering to both short and long-distance travel needs.

What is the highest forecasted price for ALK Alaska Air Group Inc?

The highest price target for ALK is $110.00 from Andrew Didora at B of A Securities, which represents a 46.5% increase from the current price of $75.06.

What is the lowest forecasted price for ALK Alaska Air Group Inc?

The lowest price target for ALK is $77.34 from at , which represents a 3.0% increase from the current price of $75.06.

What is the overall ALK consensus from analysts for Alaska Air Group Inc?

The overall analyst consensus for ALK is bullish. Out of 22 Wall Street analysts, 15 rate it as Buy, 1 as Hold, and 0 as Sell, with a median price target of $85.00.

How accurate are ALK stock price projections?

Stock price projections, including those for Alaska Air Group Inc, are based on various factors including financial models, market conditions, and analyst forecasts. While these predictions provide valuable insights, they should be considered alongside your own research and risk tolerance.