Alaska Air Group, Inc. (ALK)
NYSE: ALK · Real-Time Price · USD
64.46
+0.48 (0.75%)
Jan 6, 2025, 3:40 PM EST - Market open
Alaska Air Group Stock Forecast
Stock Price Forecast
The 14 analysts with 12-month price forecasts for Alaska Air Group stock have an average target of 63.71, with a low estimate of 45 and a high estimate of 90. The average target predicts a decrease of -1.16% from the current stock price of 64.46.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ALK stock from 14 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 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 | Dec '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 5 | 5 | 5 | 6 | 8 | 8 |
| Buy | 4 | 3 | 3 | 4 | 4 | 5 |
| Hold | 2 | 2 | 2 | 2 | 2 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Total | 11 | 10 | 10 | 12 | 14 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Buy Maintains $63 → $74 | Strong Buy | Maintains | $63 → $74 | +14.80% | Dec 16, 2024 |
| JP Morgan | JP Morgan | Buy Maintains $58 → $85 | Buy | Maintains | $58 → $85 | +31.86% | Dec 11, 2024 |
| Morgan Stanley | Morgan Stanley | Buy Maintains $70 → $90 | Buy | Maintains | $70 → $90 | +39.62% | Dec 11, 2024 |
| UBS | UBS | Strong Buy Initiates $72 | Strong Buy | Initiates | $72 | +11.70% | Nov 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $70 | Strong Buy | Initiates | $70 | +8.59% | Nov 15, 2024 |
Financial Forecast
Revenue This Year
11.78B
from 10.43B
Increased by 13.02%
Revenue Next Year
14.39B
from 11.78B
Increased by 22.10%
EPS This Year
4.34
from 1.83
Increased by 137.34%
EPS Next Year
5.77
from 4.34
Increased by 32.75%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 13.0B | 15.6B | 16.7B | |
| Avg | 11.8B | 14.4B | 15.4B | |
| Low | 10.7B | 10.9B | 12.6B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 |
|---|---|---|---|---|
| High | 24.8% | 32.8% | 16.0% | |
| Avg | 13.0% | 22.1% | 7.3% | |
| Low | 2.6% | -7.4% | -12.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.63 | 6.72 | 9.14 |
| Avg | 4.34 | 5.77 | 7.44 |
| Low | 4.09 | 4.75 | 5.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 153.0% | 54.7% | 58.4% |
| Avg | 137.3% | 32.8% | 29.1% |
| Low | 123.5% | 9.4% | -2.3% |
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.