Alaska Air Group, Inc. (ALK)

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 66.86, with a low estimate of 45 and a high estimate of 90. The average target predicts a decrease of -4.73% from the current stock price of 70.18.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$45	$66.86	$74	$90
Change	-35.88%	-4.73%	+5.44%	+28.24%

* Price targets were last updated on Jan 17, 2025.

Analyst Ratings

The average analyst rating for Alaska Air Group 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	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25	Feb '25
Strong Buy	5	6	8	8	8	8
Buy	3	4	4	5	5	5
Hold	2	2	2	1	1	1
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	0	0	0
Total	10	12	14	14	14	14

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Didora B of A Securities	B of A Securities	Strong Buy Maintains $70 → $80	Strong Buy	Maintains	$70 → $80	+13.99%	Jan 17, 2025
Catherine O'Brien Goldman Sachs	Goldman Sachs	Strong Buy Maintains $70 → $79	Strong Buy	Maintains	$70 → $79	+12.57%	Jan 14, 2025
Thomas Wadewitz UBS	UBS	Strong Buy Maintains $81 → $82	Strong Buy	Maintains	$81 → $82	+16.84%	Jan 7, 2025
Stephen Trent Citigroup	Citigroup	Strong Buy Maintains $63 → $74	Strong Buy	Maintains	$63 → $74	+5.44%	Dec 16, 2024
Jamie Baker JP Morgan	JP Morgan	Buy Maintains $58 → $85	Buy	Maintains	$58 → $85	+21.12%	Dec 11, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

15.00B

Increased by 27.84%

from 11.74B

Revenue Next Year

15.84B

Increased by 5.61%

from 15.00B

EPS This Year

6.14

Increased by 99.41%

from 3.08

EPS Next Year

7.95

Increased by 29.40%

from 6.14

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	3.57B	6.18B	9.65B	10.43B	11.74B	15.00B	15.84B	16.79B
Revenue Growth	-59.39%	73.19%	56.19%	8.09%	12.56%	27.84%	5.61%	5.95%
EPS	-10.72	3.77	0.45	1.83	3.08	6.14	7.95	10.19
EPS Growth	-	-	-88.06%	306.67%	68.31%	99.41%	29.40%	28.17%
Forward PE	-	-	-	-	-	11.43	8.83	6.89
No. Analysts	-	-	-	-	-	17	17	11

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2025	2026	2027
High	15.8B	16.8B	18.0B
Avg	15.0B	15.8B	16.8B
Low	14.3B	15.1B	16.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	34.5%	12.2%	13.3%
Avg	27.8%	5.6%	5.9%
Low	22.1%	0.8%	0.9%

EPS Forecast

EPS	2025	2026	2027
High	6.83	9.24	12.33
Avg	6.14	7.95	10.19
Low	5.68	7.01	8.04

EPS Growth

EPS Growth	2025	2026	2027
High	121.6%	50.4%	55.1%
Avg	99.4%	29.4%	28.2%
Low	84.5%	14.1%	1.1%

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.