Alaska Air Group Inc (ALK) Stock Forecast & Price Target
Alaska Air Group Inc · NYSE
$48.61+1.11 (+2.34%)
15-min delayed · Jul 28, 3:45 PM ET · Get real-time quotes →
The Quantellect read.Of the 11 firms covering Alaska Air Group Inc, 10 rate it Buy or better, 0 sit at Hold, and 1 rate it Sell or worse, a moderate buy consensus. Targets range widely, $47.00 to $96.00 (about 2.0x), a sign of real disagreement on valuation. The average target of $65.95 sits 36% above the current $48.61. Sentiment has cooled somewhat, with Sell ratings rising from 0 to 1 over recent months. On the fundamentals, the Street sees revenue growth near 11% this year and 6% next, consensus EPS building from about $0.63 next quarter toward $6.26 the year after.Descriptive synthesis of third-party analyst data, not a Quantellect rating or recommendation.
ANALYST CONSENSUS11 ratings
Moderate Buy
Strong Buy00%
Buy1091%
Hold00%
Sell19%
Strong Sell00%
Based on 11 analysts giving stock ratings to Alaska Air Group Inc.
As of Jul, 10 of 11 firms rate ALK a Buy (0 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
ALK EPS & revenue forecast
EPS · NEXT QUARTER
$0.63
Range $-0.15 – $1.66 · 8 analysts · +46% YoY
Next period, 8 analysts expect Alaska Air Group Inc to earn $0.63 a share (range $-0.15 – $1.66), versus $0.43 a year earlier. Full-year consensus is $-1.33, growing to $6.26 the year after.
REVENUE · NEXT QUARTER
$4.1B
Range $4.0B – $4.2B · 8 analysts · +13% YoY
Revenue is expected to reach $4.1B (range $4.0B – $4.2B), +13.0% year-over-year. Full-year consensus is $15.8B, rising to $16.8B next year.
Top analysts covering Alaska Air Group Inc
Ranked by each analyst's overall Quantellect track record across all the stocks they cover, shown with their current call on ALK.
#1
Brandon Oglenski
Barclays · Rank #55
Buy
$65.00+33.7% to target
Overall win rate
45%
+ Follow
#2
AM
Atul Maheswari
UBS
Buy
$62.00+27.5% to target
Coverage
—
+ Follow
#3
Christopher Stathoulopoulos
Susquehanna
Buy
$70.00+44.0% to target
Coverage
—
+ Follow
#4
CO
Catherine O'Brien
Goldman Sachs
Buy
$63.00+29.6% to target
Coverage
—
+ Follow
#5
MG
Michael Goldie
BMO Capital
Buy
$62.50+28.6% to target
Coverage
—
+ Follow
ALK stock forecast FAQ
What is ALK's average 12-month price target?+
The 11 analysts with a live target average $65.95 for Alaska Air Group Inc over the next 12 months, ranging from a $96.00 high to a $47.00 low.
Is ALK stock a Buy, Sell or Hold right now?+
The current consensus is Moderate Buy. Of the 11 analyst ratings, 10 are Buy or Strong Buy, 0 are Hold, and 1 are Sell or Strong Sell.
What are the highest and lowest price targets for ALK?+
The Street-high target is $96.00 (JP Morgan), and the Street-low is $47.00 (Citigroup). The average of all 11 active targets is $65.95.
How many Wall Street analysts cover ALK?+
11 analysts have an active rating on Alaska Air Group Inc, and 11 firms carry a live 12-month price target.
Who is the most accurate analyst covering ALK?+
Among analysts who currently cover ALK, Brandon Oglenski of Barclays has the strongest overall Quantellect track record (Rank #55). Their current call is Buy with a $65.00 target.
What is Alaska Air Group Inc's projected EPS for next quarter?+
The consensus estimate is $0.63 per share (range $-0.15 – $1.66) across 8 analysts. Full-year EPS is projected at $-1.33, rising to $6.26 the following year.
How much revenue is Alaska Air Group Inc expected to report next quarter?+
Consensus revenue is $4.1B (range $4.0B – $4.2B). Full-year revenue is projected at $15.8B, growing to $16.8B next year.
Have analysts been upgrading or downgrading ALK lately?+
As of Jul, 10 of 11 firms rate ALK a Buy (0 Hold, 1 Sell), the standing distribution of every covering firm's most recent active call.
How are the analysts on this page ranked?+
By each analyst's overall Quantellect track record — a sample-adjusted measure of how accurate their calls have been across every stock they cover. We do not rank on their ALK calls alone, since a single stock is too small a sample to be reliable.
Which data on this page is live, and how often does it update?+
Price and daily change are 15-minute delayed market data. Analyst ratings, targets, consensus and earnings estimates are aggregated from multiple data providers and refresh daily.
Disclaimer: Ratings, price targets, consensus and earnings estimates on this page describe third-party analyst research aggregated from multiple data providers and refreshed daily; price and daily change are 15-minute delayed. These are historical opinions, not recommendations, and nothing on this page, including The Quantellect read, is a rating, a price target, or investment advice from Quantellect. Always do your own research and consult a licensed financial advisor before making investment decisions.
