TD Cowen Has Lowered Expectations for Alaska Air Group (NYSE:ALK) Stock Price

Alaska Air Group (NYSE:ALK) had its target price cut by TD Cowen from $64.00 to $63.00 in a note issued to investors on Friday. The brokerage currently has a “buy” rating on the transportation company’s stock. TD Cowen’s price target points to a potential upside of 18.24% from the stock’s previous close.

Other equities analysts also recently issued reports about the stock. Cantor Fitzgerald set a $65.00 price target on shares of Alaska Air Group in a research note on Monday, November 3rd. Bank of America increased their price target on Alaska Air Group from $62.00 to $70.00 and gave the company a “buy” rating in a report on Tuesday, January 6th. UBS Group set a $77.00 price objective on Alaska Air Group and gave the stock a “buy” rating in a research note on Friday, December 12th. Raymond James Financial reaffirmed an “outperform” rating and set a $71.00 target price on shares of Alaska Air Group in a research report on Friday, December 19th. Finally, Zacks Research upgraded Alaska Air Group from a “strong sell” rating to a “hold” rating in a research report on Friday, December 5th. One analyst has rated the stock with a Strong Buy rating, eight have given a Buy rating and two have given a Hold rating to the company. According to data from MarketBeat.com, the company has a consensus rating of “Moderate Buy” and an average price target of $71.60.

Alaska Air Group Stock Up 1.7%

Alaska Air Group stock opened at $53.28 on Friday. Alaska Air Group has a 52 week low of $37.63 and a 52 week high of $78.08. The company has a current ratio of 0.50, a quick ratio of 0.46 and a debt-to-equity ratio of 1.17. The stock has a market cap of $6.18 billion, a price-to-earnings ratio of 61.24, a PEG ratio of 0.46 and a beta of 1.22. The company’s 50-day moving average price is $48.99 and its two-hundred day moving average price is $50.80.

Alaska Air Group (NYSE:ALK) last announced its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 EPS for the quarter, beating analysts’ consensus estimates of $0.11 by $0.32. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.The company had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. During the same quarter in the prior year, the firm earned $0.97 EPS. The company’s quarterly revenue was up 2.8% compared to the same quarter last year. Alaska Air Group has set its Q1 2026 guidance at -1.500–0.500 EPS and its FY 2026 guidance at 3.500-6.500 EPS. On average, analysts expect that Alaska Air Group will post 6.03 EPS for the current fiscal year.

Institutional Inflows and Outflows

Several hedge funds and other institutional investors have recently bought and sold shares of the company. Allianz Asset Management GmbH boosted its position in Alaska Air Group by 10.8% during the 2nd quarter. Allianz Asset Management GmbH now owns 123,947 shares of the transportation company’s stock worth $6,133,000 after acquiring an additional 12,041 shares during the last quarter. Itau Unibanco Holding S.A. bought a new stake in Alaska Air Group in the 2nd quarter valued at $594,000. U S Global Investors Inc. lifted its stake in shares of Alaska Air Group by 12.0% during the 2nd quarter. U S Global Investors Inc. now owns 479,052 shares of the transportation company’s stock worth $23,703,000 after buying an additional 51,492 shares during the last quarter. Summit Investment Advisors Inc. acquired a new position in shares of Alaska Air Group in the first quarter valued at approximately $1,192,000. Finally, Friedenthal Financial acquired a new position in Alaska Air Group in the 3rd quarter valued at $979,000. Institutional investors own 81.90% of the company’s stock.

Alaska Air Group Company Profile

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.