Zacks Research Issues Pessimistic Forecast for ALK Earnings

Alaska Air Group, Inc. (NYSE:ALK) – Zacks Research dropped their Q3 2025 earnings per share estimates for shares of Alaska Air Group in a research report issued to clients and investors on Wednesday, May 7th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings per share of $2.66 for the quarter, down from their previous estimate of $2.85. The consensus estimate for Alaska Air Group’s current full-year earnings is $6.03 per share. Zacks Research also issued estimates for Alaska Air Group’s Q4 2025 earnings at $0.65 EPS, Q1 2026 earnings at $1.22 EPS, Q2 2026 earnings at $1.76 EPS, Q3 2026 earnings at $1.39 EPS, Q4 2026 earnings at $0.86 EPS, FY2026 earnings at $5.22 EPS, Q1 2027 earnings at $1.81 EPS and FY2027 earnings at $8.82 EPS.

A number of other research analysts also recently issued reports on ALK. Susquehanna dropped their price target on Alaska Air Group from $95.00 to $55.00 and set a “positive” rating on the stock in a research note on Monday, April 7th. Barclays dropped their price target on Alaska Air Group from $62.00 to $55.00 and set an “overweight” rating on the stock in a research note on Friday, April 25th. Bank of America dropped their price target on Alaska Air Group from $80.00 to $70.00 and set a “buy” rating on the stock in a research note on Thursday, April 3rd. UBS Group downgraded Alaska Air Group from a “buy” rating to a “neutral” rating and dropped their price target for the stock from $75.00 to $54.00 in a research note on Monday, April 7th. Finally, JPMorgan Chase & Co. raised their price target on Alaska Air Group from $85.00 to $89.00 and gave the stock an “overweight” rating in a research note on Monday, March 3rd. One investment analyst has rated the stock with a hold rating and twelve have assigned a buy rating to the company. According to data from MarketBeat.com, Alaska Air Group currently has a consensus rating of “Moderate Buy” and an average price target of $65.92.

Alaska Air Group Price Performance

Shares of NYSE ALK opened at $51.92 on Monday. The company has a debt-to-equity ratio of 1.04, a quick ratio of 0.58 and a current ratio of 0.61. Alaska Air Group has a fifty-two week low of $32.62 and a fifty-two week high of $78.08. The firm has a market capitalization of $6.37 billion, a PE ratio of 17.02, a price-to-earnings-growth ratio of 0.43 and a beta of 1.41. The stock’s 50-day simple moving average is $49.31 and its 200-day simple moving average is $58.19.

Alaska Air Group (NYSE:ALK) last issued its earnings results on Wednesday, April 23rd. The transportation company reported ($0.77) earnings per share for the quarter, missing the consensus estimate of ($0.72) by ($0.05). Alaska Air Group had a return on equity of 14.66% and a net margin of 3.37%. The business had revenue of $3.14 billion for the quarter, compared to analyst estimates of $3.19 billion. During the same period last year, the business posted ($0.92) EPS. Alaska Air Group’s revenue was up 40.5% on a year-over-year basis.

Insider Buying and Selling at Alaska Air Group

In related news, EVP Andrew R. Harrison sold 6,600 shares of Alaska Air Group stock in a transaction that occurred on Thursday, February 20th. The stock was sold at an average price of $76.28, for a total value of $503,448.00. Following the sale, the executive vice president now directly owns 34,030 shares in the company, valued at $2,595,808.40. The trade was a 16.24% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, COO Muehlen Constance E. Von sold 22,157 shares of Alaska Air Group stock in a transaction that occurred on Tuesday, February 18th. The shares were sold at an average price of $75.12, for a total value of $1,664,433.84. Following the completion of the sale, the chief operating officer now owns 20,026 shares in the company, valued at approximately $1,504,353.12. This trade represents a 52.53% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last ninety days, insiders have sold 28,790 shares of company stock worth $2,169,537. 1.00% of the stock is currently owned by insiders.

Institutional Trading of Alaska Air Group

A number of institutional investors have recently modified their holdings of the business. Maryland State Retirement & Pension System boosted its stake in shares of Alaska Air Group by 0.3% in the fourth quarter. Maryland State Retirement & Pension System now owns 49,905 shares of the transportation company’s stock valued at $3,231,000 after buying an additional 147 shares in the last quarter. Oregon Public Employees Retirement Fund boosted its stake in shares of Alaska Air Group by 0.5% in the fourth quarter. Oregon Public Employees Retirement Fund now owns 29,816 shares of the transportation company’s stock valued at $1,931,000 after buying an additional 160 shares in the last quarter. Avior Wealth Management LLC boosted its stake in shares of Alaska Air Group by 44.8% in the fourth quarter. Avior Wealth Management LLC now owns 588 shares of the transportation company’s stock valued at $38,000 after buying an additional 182 shares in the last quarter. Savant Capital LLC boosted its stake in shares of Alaska Air Group by 3.4% in the fourth quarter. Savant Capital LLC now owns 6,284 shares of the transportation company’s stock valued at $407,000 after buying an additional 206 shares in the last quarter. Finally, US Bancorp DE raised its holdings in Alaska Air Group by 1.0% during the first quarter. US Bancorp DE now owns 21,982 shares of the transportation company’s stock worth $1,082,000 after purchasing an additional 210 shares during the last quarter. 81.90% of the stock is currently owned by hedge funds and other institutional investors.

About Alaska Air Group

Alaska Air Group, Inc, through its subsidiaries, operates airlines. It operates through three segments: Mainline, Regional, and Horizon. The company offers scheduled air transportation services on Boeing jet aircraft for passengers and cargo in the United States, and in parts of Canada, Mexico, Costa Rica, Belize, Guatemala, and the Bahamas; and for passengers across a shorter distance network within the United States, Canada, and Mexico.