Alaska Air Group, Inc. (ALK)
NYSE: ALK · Real-Time Price · USD
47.91
+0.64 (1.35%)
Oct 31, 2024, 4:00 PM EDT - Market closed
Alaska Air Group Stock Forecast
Stock Price Forecast
The 11 analysts with 12-month price forecasts for Alaska Air Group stock have an average target of 54, with a low estimate of 45 and a high estimate of 70. The average target predicts an increase of 12.71% from the current stock price of 47.91.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ALK stock from 12 stock analysts is "Strong Buy". This means that analysts believe this stock is likely to perform very well in the near future and significantly outperform the market.
Recommendation Trends
Rating | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 |
---|---|---|---|---|---|---|
Strong Buy | 6 | 6 | 5 | 5 | 5 | 6 |
Buy | 4 | 4 | 4 | 3 | 3 | 4 |
Hold | 2 | 2 | 2 | 2 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 12 | 12 | 11 | 10 | 10 | 12 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
Melius Research | Melius Research | Hold → Strong Buy Upgrades $56 | Hold → Strong Buy | Upgrades | $56 | +16.89% | Oct 28, 2024 |
Barclays | Barclays | Buy Initiates $55 | Buy | Initiates | $55 | +14.80% | Oct 21, 2024 |
Susquehanna | Susquehanna | Hold Maintains $40 → $45 | Hold | Maintains | $40 → $45 | -6.07% | Oct 9, 2024 |
Evercore ISI Group | Evercore ISI Group | Buy Maintains $60 → $55 | Buy | Maintains | $60 → $55 | +14.80% | Oct 3, 2024 |
TD Cowen | TD Cowen | Strong Buy Maintains $52 → $50 | Strong Buy | Maintains | $52 → $50 | +4.36% | Oct 3, 2024 |
Financial Forecast
Revenue This Year
10.83B
from 10.43B
Increased by 3.87%
Revenue Next Year
11.49B
from 10.83B
Increased by 6.09%
EPS This Year
3.99
from 1.83
Increased by 118.16%
EPS Next Year
5.64
from 3.99
Increased by 41.29%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 11.4B | 12.2B | 13.0B |
Avg | 10.8B | 11.5B | 12.2B |
Low | 10.4B | 11.0B | 11.7B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 8.9% | 12.9% | 13.0% |
Avg | 3.9% | 6.1% | 6.5% |
Low | -0.2% | 1.1% | 1.5% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 4.55 | 6.88 | 8.04 |
Avg | 3.99 | 5.64 | 6.68 |
Low | 3.29 | 4.70 | 5.54 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 148.4% | 72.3% | 42.6% |
Avg | 118.2% | 41.3% | 18.4% |
Low | 79.9% | 17.8% | -1.8% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.