Alaska Air Group, Inc. (ALK)

Alaska Air Group Stock Forecast

Stock Price Forecast

The 12 analysts with 12-month price forecasts for Alaska Air Group stock have an average target of 69.58, with a low estimate of 45 and a high estimate of 90. The average target predicts an increase of 28.33% from the current stock price of 54.22.

Analyst Consensus: Strong Buy

Target	Low	Average	Median	High
Price	$45	$69.58	$79	$90
Change	-17.00%	+28.33%	+45.70%	+65.99%

Analyst Ratings

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

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Wadewitz UBS	UBS	Strong Buy Maintains $87 → $75	Strong Buy	Maintains	$87 → $75	+38.33%	Mar 20, 2025
Stephen Trent Citigroup	Citigroup	Strong Buy Maintains $83 → $81	Strong Buy	Maintains	$83 → $81	+49.39%	Mar 18, 2025
Jamie Baker JP Morgan	JP Morgan	Buy Maintains $85 → $89	Buy	Maintains	$85 → $89	+64.15%	Mar 3, 2025
Andrew Didora B of A Securities	B of A Securities	Strong Buy Maintains $70 → $80	Strong Buy	Maintains	$70 → $80	+47.55%	Jan 17, 2025
Catherine O'Brien Goldman Sachs	Goldman Sachs	Strong Buy Maintains $70 → $79	Strong Buy	Maintains	$70 → $79	+45.70%	Jan 14, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

15.02B

Increased by 28.00%

from 11.74B

Revenue Next Year

15.89B

Increased by 5.77%

from 15.02B

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	15.02B	15.89B	16.80B
Revenue Growth	-59.39%	73.19%	56.18%	8.09%	12.56%	28.00%	5.77%	5.72%
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	-	-	-	-	-	8.83	6.82	5.32
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	15.9B	16.8B
Low	14.3B	15.2B	16.0B

Revenue Growth

Revenue Growth	2025	2026	2027
High	34.5%	12.1%	13.0%
Avg	28.0%	5.8%	5.7%
Low	22.1%	1.1%	0.8%

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.