Alaska Air Group Stock Forecast

Stock Price Forecast

According to 16 analysts polled by S&P Global, Alaska Air Group stock has a consensus rating of "Buy" and an average price target of $65.34. The average 1-year stock price forecast is 32.21% higher than the current stock price, while the lowest is $47 (-4.90%) and the highest is $94 (+90.21%).

Price Target: $65.34 (+32.21%)

Analyst Consensus: Buy

Target	Low	Average	Median	High
Price	$47	$65.34	$65	$94
Change	-4.90%	+32.21%	+31.53%	+90.21%

Analyst Ratings

The average analyst rating for Alaska Air Group stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Rating	Feb '26	Mar '26	Apr '26	May '26	Jun '26	Jul '26
Strong Buy	11	12	12	11	11	11
Buy	4	4	4	4	4	4
Hold	0	0	0	0	0	0
Sell	0	0	0	0	0	0
Strong Sell	0	0	0	1	1	1
Total	15	16	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Stathoulopoulos Susquehanna	Susquehanna	Buy Maintains $50 → $70	Buy	Maintains	$50 → $70	+41.64%	Jul 7, 2026
Michael Goldie BMO Capital	BMO Capital	Buy Reiterates $55 → $63	Buy	Reiterates	$55 → $63	+26.47%	Jul 2, 2026
Thomas Fitzgerald CFA TD Cowen	TD Cowen	Buy Maintains $51 → $59	Buy	Maintains	$51 → $59	+19.38%	Jul 2, 2026
Catherine O'Brien Goldman Sachs	Goldman Sachs	Buy Reiterates $58 → $69	Buy	Reiterates	$58 → $69	+39.62%	Jul 2, 2026
Andrew Didora Bank of America Securities	Bank of America Securities	Buy Maintains $60 → $65	Buy	Maintains	$60 → $65	+31.53%	Jul 1, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

15.81B

from 14.24B

11.00%

from 14.24B

Revenue Next Year

16.76B

from 15.81B

6.04%

from 15.81B

EPS This Year

-0.03

from 2.44

EPS Next Year

6.54

from -0.03

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	6.18B	9.65B	10.43B	11.74B	14.24B	15.81B
Revenue Growth	73.19%	56.18%	8.09%	12.56%	21.34%	11.00%
Gross Profit	817.00M	2.13B	2.30B	2.86B	3.06B	1.79B
Gross Margin	13.23%	22.11%	22.09%	24.38%	21.51%	11.35%
Operating Income	-257.00M	706.00M	820.00M	889.00M	555.00M	194.06M
Net Income	478.00M	58.00M	235.00M	395.00M	100.00M	18.70M
EPS	-	-	-	-	2.44	-0.03
Free Cash Flow	264.25M	-4.50M	-869.25M	989.88M	-199.00M	-311.94M
No. Analysts	-	-	-	-	-	13

EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue	2026	2027	2028
High	15.9B
Avg	15.8B
Low	15.7B

Revenue Growth

Revenue Growth	2026	2027	2028
High	11.9%
Avg	11.0%
Low	10.0%

EPS Forecast

EPS	2026	2027	2028
High	1.04
Avg	-0.03
Low	-1.09

EPS Growth

EPS Growth	2026	2027	2028
High	-57.4%
Avg	-
Low	-