Q2 EPS Estimate for Alaska Air Group Increased by Analyst

Alaska Air Group, Inc. (NYSE:ALK) – Investment analysts at Zacks Research increased their Q2 2028 earnings per share (EPS) estimates for Alaska Air Group in a report released on Thursday, June 25th. Zacks Research analyst Team now anticipates that the transportation company will earn $1.87 per share for the quarter, up from their previous forecast of $1.83. Zacks Research currently has a “Hold” rating on the stock. The consensus estimate for Alaska Air Group’s current full-year earnings is ($0.70) per share.

Other analysts have also issued research reports about the stock. The Goldman Sachs Group reissued a “buy” rating on shares of Alaska Air Group in a research report on Thursday. UBS Group restated a “buy” rating and set a $62.00 price objective (up from $56.00) on shares of Alaska Air Group in a research note on Tuesday, June 23rd. Susquehanna lowered their target price on Alaska Air Group from $55.00 to $50.00 and set a “positive” rating on the stock in a research report on Wednesday, April 22nd. Citigroup reissued a “sell” rating and set a $47.00 price target (up from $32.00) on shares of Alaska Air Group in a research report on Friday, June 26th. Finally, TD Cowen reiterated a “buy” rating on shares of Alaska Air Group in a research note on Friday, June 5th. Eleven equities research analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company’s stock. Based on data from MarketBeat.com, Alaska Air Group presently has an average rating of “Moderate Buy” and an average price target of $64.00.

Alaska Air Group Trading Down 1.7%

NYSE:ALK opened at $51.30 on Thursday. The company has a market cap of $5.72 billion, a P/E ratio of 96.79 and a beta of 1.29. Alaska Air Group has a twelve month low of $33.03 and a twelve month high of $65.88. The business has a 50 day moving average price of $43.81 and a two-hundred day moving average price of $46.25. The company has a quick ratio of 0.39, a current ratio of 0.43 and a debt-to-equity ratio of 1.29.

Alaska Air Group (NYSE:ALK) last announced its earnings results on Monday, April 20th. The transportation company reported ($1.68) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.61) by ($0.07). The firm had revenue of $3.30 billion during the quarter, compared to analyst estimates of $3.31 billion. Alaska Air Group had a net margin of 0.51% and a return on equity of 4.96%. The firm’s quarterly revenue was up 5.2% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.77) EPS. Alaska Air Group has set its Q2 2026 guidance at -1.000–1.000 EPS.

Institutional Trading of Alaska Air Group

Hedge funds have recently made changes to their positions in the business. Brighton Jones LLC raised its stake in Alaska Air Group by 2,046.4% in the 4th quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company’s stock valued at $6,276,000 after acquiring an additional 92,416 shares during the period. Empowered Funds LLC increased its holdings in shares of Alaska Air Group by 60.2% in the first quarter. Empowered Funds LLC now owns 6,423 shares of the transportation company’s stock valued at $316,000 after purchasing an additional 2,414 shares during the last quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC raised its position in shares of Alaska Air Group by 81.7% in the first quarter. UBS AM A Distinct Business Unit of UBS Asset Management Americas LLC now owns 340,258 shares of the transportation company’s stock valued at $16,747,000 after purchasing an additional 152,953 shares during the period. Intech Investment Management LLC bought a new position in shares of Alaska Air Group in the first quarter valued at about $1,318,000. Finally, Invesco Ltd. lifted its stake in shares of Alaska Air Group by 2.7% during the 2nd quarter. Invesco Ltd. now owns 357,520 shares of the transportation company’s stock worth $17,690,000 after buying an additional 9,307 shares during the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

About Alaska Air Group

Alaska Air Group is a publicly traded holding company headquartered in Seattle, Washington, that operates two main airlines—Alaska Airlines and Horizon Air. Through these carriers, the company offers scheduled passenger and cargo services across a network spanning the United States, Canada and Mexico. Its core business activities include domestic and international air transportation, loyalty program management under the Mileage Plan brand, and ancillary revenue streams such as baggage fees, in-flight sales and code-share partnerships with other global airlines.

The roots of Alaska Air Group trace back to the foundation of its flagship carrier, Alaska Airlines, in 1932.