Alaska Air Group, Inc. (ALK)
NYSE: ALK · IEX Real-Time Price · USD
42.76
+0.75 (1.79%)
Mar 28, 2024, 10:55 AM EDT - Market open
Alaska Air Group Stock Forecast
Stock Price Forecast
The 9 analysts with 12-month price forecasts for Alaska Air Group stock have an average target of 59.36, with a low estimate of 40 and a high estimate of 70. The average target predicts an increase of 38.82% from the current stock price of 42.76.
Analyst Consensus: Strong Buy
Analyst Ratings
The average analyst rating for ALK stock from 10 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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 4 | 4 | 3 | 3 | 4 | 5 |
Buy | 5 | 5 | 4 | 3 | 3 | 3 |
Hold | 1 | 1 | 2 | 3 | 2 | 2 |
Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Strong Sell | 0 | 0 | 0 | 0 | 0 | 0 |
Total | 10 | 10 | 9 | 9 | 9 | 10 |
Latest Forecasts
Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
---|---|---|---|---|---|---|---|
UBS | UBS | Strong Buy Initiates $54 | Strong Buy | Initiates | $54 | +26.29% | Mar 20, 2024 |
Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $44 → $51 | Hold → Strong Buy | Upgrades | $44 → $51 | +19.27% | Feb 20, 2024 |
Susquehanna | Susquehanna | Buy → Hold Downgrades $40 | Buy → Hold | Downgrades | $40 | -6.45% | Jan 10, 2024 |
Raymond James | Raymond James | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | Dec 4, 2023 |
Raymond James | Raymond James | Strong Buy Maintains $58 → $53 | Strong Buy | Maintains | $58 → $53 | +23.95% | Oct 20, 2023 |
Financial Forecast
Revenue This Year
10.71B
from 10.43B
Increased by 2.75%
Revenue Next Year
11.54B
from 10.71B
Increased by 7.70%
EPS This Year
4.31
from 1.83
Increased by 135.65%
EPS Next Year
6.07
from 4.31
Increased by 40.78%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 |
---|---|---|---|
High | 11.6B | 12.6B | 12.9B |
Avg | 10.7B | 11.5B | 12.2B |
Low | 10.1B | 10.9B | 11.5B |
Revenue Growth
Revenue Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 11.0% | 18.0% | 12.1% |
Avg | 2.8% | 7.7% | 5.8% |
Low | -3.1% | 1.3% | -0.2% |
EPS Forecast
EPS | 2024 | 2025 | 2026 |
---|---|---|---|
High | 5.57 | 7.46 | 8.93 |
Avg | 4.31 | 6.07 | 7.39 |
Low | 2.89 | 5.24 | 6.13 |
EPS Growth
EPS Growth | 2024 | 2025 | 2026 |
---|---|---|---|
High | 204.1% | 72.9% | 47.0% |
Avg | 135.6% | 40.8% | 21.8% |
Low | 58.0% | 21.6% | 0.9% |
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.