Alaska Air Group, Inc. (ALK)
NYSE: ALK · Real-Time Price · USD
52.99
-0.17 (-0.32%)
Dec 3, 2024, 11:53 AM EST - Market open
Alaska Air Group Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for Alaska Air Group stock have an average target of 58.54, with a low estimate of 45 and a high estimate of 80. The average target predicts an increase of 10.47% from the current stock price of 52.99.
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 | Jun '24 | Jul '24 | Aug '24 | Sep '24 | Oct '24 | Nov '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 6 | 5 | 5 | 5 | 6 | 8 |
| Buy | 4 | 4 | 3 | 3 | 4 | 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 | 11 | 10 | 10 | 12 | 14 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| UBS | UBS | Strong Buy Initiates $72 | Strong Buy | Initiates | $72 | +35.87% | Nov 26, 2024 |
| Goldman Sachs | Goldman Sachs | Strong Buy Initiates $70 | Strong Buy | Initiates | $70 | +32.10% | Nov 15, 2024 |
| Barclays | Barclays | Buy Maintains $55 → $80 | Buy | Maintains | $55 → $80 | +50.97% | Nov 14, 2024 |
| Melius Research | Melius Research | Hold → Strong Buy Upgrades $56 | Hold → Strong Buy | Upgrades | $56 | +5.68% | Oct 28, 2024 |
| Barclays | Barclays | Buy Initiates $55 | Buy | Initiates | $55 | +3.79% | Oct 21, 2024 |
Financial Forecast
Revenue This Year
11.84B
from 10.43B
Increased by 13.55%
Revenue Next Year
14.44B
from 11.84B
Increased by 21.99%
EPS This Year
4.35
from 1.83
Increased by 137.96%
EPS Next Year
5.50
from 4.35
Increased by 26.34%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 14.2B | 15.5B | 16.7B |
| Avg | 11.8B | 14.4B | 15.6B |
| Low | 10.5B | 11.2B | 14.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 36.0% | 31.3% | 15.6% |
| Avg | 13.6% | 22.0% | 8.1% |
| Low | 0.6% | -5.7% | 2.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 4.83 | 6.72 | 8.61 |
| Avg | 4.35 | 5.50 | 6.94 |
| Low | 4.09 | 3.60 | 5.64 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 163.9% | 54.3% | 56.5% |
| Avg | 138.0% | 26.3% | 26.2% |
| Low | 123.5% | -17.4% | 2.4% |
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.