American Airlines Group (NASDAQ:AAL) Price Target Raised to $24.00

American Airlines Group (NASDAQ:AAL) had its price objective boosted by JPMorgan Chase & Co. from $22.00 to $24.00 in a research note issued to investors on Friday,Benzinga reports. JPMorgan Chase & Co. currently has an overweight rating on the airline’s stock.

A number of other equities analysts have also commented on AAL. Bank of America boosted their price objective on American Airlines Group from $16.00 to $19.00 and gave the stock a “neutral” rating in a research note on Wednesday, July 1st. Susquehanna raised their target price on American Airlines Group from $16.00 to $25.00 and gave the company a “positive” rating in a research note on Tuesday, July 7th. Morgan Stanley lifted their price target on American Airlines Group from $20.00 to $24.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Wells Fargo & Company reiterated a “market perform” rating on shares of American Airlines Group in a research report on Tuesday, June 30th. Finally, Barclays increased their price objective on shares of American Airlines Group from $16.00 to $19.00 and gave the stock an “equal weight” rating in a report on Thursday, June 25th. One investment analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, ten have given a Hold rating and two have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average target price of $19.18.

American Airlines Group Stock Performance

NASDAQ AAL opened at $14.48 on Friday. American Airlines Group has a 1-year low of $10.09 and a 1-year high of $18.79. The company has a 50 day moving average of $15.35 and a 200-day moving average of $13.69. The firm has a market cap of $9.59 billion, a price-to-earnings ratio of -29.55 and a beta of 1.32.

American Airlines Group (NASDAQ:AAL) last announced its earnings results on Thursday, July 23rd. The airline reported $0.15 EPS for the quarter, topping the consensus estimate of $0.03 by $0.12. The business had revenue of $16.73 billion for the quarter, compared to the consensus estimate of $16.70 billion. American Airlines Group had a negative return on equity of 9.11% and a negative net margin of 0.56%.American Airlines Group’s revenue was up 16.3% compared to the same quarter last year. During the same period in the previous year, the business earned $0.95 EPS. American Airlines Group has set its Q3 2026 guidance at -0.700–0.100 EPS and its FY 2026 guidance at -0.650-0.650 EPS. On average, analysts forecast that American Airlines Group will post 0.12 earnings per share for the current year.

Insider Activity

In other news, COO David Seymour sold 69,343 shares of the company’s stock in a transaction on Wednesday, June 24th. The stock was sold at an average price of $17.00, for a total transaction of $1,178,831.00. Following the transaction, the chief operating officer owned 1,025,489 shares of the company’s stock, valued at $17,433,313. This represents a 6.33% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this link. 0.70% of the stock is owned by company insiders.

Institutional Trading of American Airlines Group

Several institutional investors and hedge funds have recently added to or reduced their stakes in AAL. Invesco Ltd. grew its holdings in American Airlines Group by 1.3% during the 2nd quarter. Invesco Ltd. now owns 2,978,006 shares of the airline’s stock worth $33,413,000 after acquiring an additional 36,877 shares during the period. Brown Advisory Inc. lifted its stake in shares of American Airlines Group by 42.6% in the 2nd quarter. Brown Advisory Inc. now owns 45,358 shares of the airline’s stock valued at $509,000 after purchasing an additional 13,539 shares during the period. California Public Employees Retirement System boosted its position in shares of American Airlines Group by 5.0% in the 2nd quarter. California Public Employees Retirement System now owns 1,164,443 shares of the airline’s stock worth $13,065,000 after purchasing an additional 55,059 shares during the last quarter. NewEdge Advisors LLC boosted its position in shares of American Airlines Group by 6.6% in the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock worth $149,000 after purchasing an additional 823 shares during the last quarter. Finally, Sei Investments Co. grew its stake in shares of American Airlines Group by 34.4% during the second quarter. Sei Investments Co. now owns 1,315,532 shares of the airline’s stock worth $14,760,000 after purchasing an additional 336,993 shares during the period. 52.44% of the stock is owned by institutional investors.

American Airlines Group News Summary

Here are the key news stories impacting American Airlines Group this week:

• Positive Sentiment: JPMorgan raised its price target on AAL to $24 from $22 and kept an overweight rating, signaling greater confidence in the stock’s upside after the post-earnings pullback. Benzinga
• Positive Sentiment: Zacks added American Airlines to its Rank #1 (Strong Buy) list, while other commentary said the stock looks technically oversold and could be due for a turnaround. Zacks
• Positive Sentiment: Analysts and market commentary pointed to improving sentiment around revenue strategy, premium demand, loyalty growth, and network gains, which supports the case for a recovery after the stock’s recent drop. Yahoo Finance
• Neutral Sentiment: American Airlines reported record quarterly revenue of $16.74 billion and beat EPS expectations, but investors are balancing that strength against a sharp profit decline year over year and a weaker full-year outlook. GlobeNewswire
• Negative Sentiment: The main pressure point remains surging jet fuel costs, which led American Airlines to cut its earnings guidance and cloud the profit outlook despite strong demand trends. CNBC

About American Airlines Group

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.