Research Analysts Offer Predictions for ALK Q4 Earnings

Alaska Air Group, Inc. (NYSE:ALK) – Stock analysts at Zacks Research lifted their Q4 2026 earnings per share estimates for shares of Alaska Air Group in a research note issued on Wednesday, April 8th. Zacks Research analyst Team now forecasts that the transportation company will earn $1.39 per share for the quarter, up from their prior estimate of $1.28. Zacks Research has a “Strong Sell” rating on the stock. 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 FY2028 earnings at $9.18 EPS.

A number of other research analysts have also commented on ALK. Wall Street Zen lowered Alaska Air Group from a “hold” rating to a “sell” rating in a report on Monday. UBS Group decreased their price objective on Alaska Air Group from $60.00 to $53.00 and set a “buy” rating on the stock in a report on Monday, March 23rd. Weiss Ratings raised Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a report on Monday, March 9th. TD Cowen decreased their price objective on Alaska Air Group from $63.00 to $54.00 and set a “buy” rating on the stock in a report on Monday, March 9th. Finally, Cantor Fitzgerald set a $63.00 price objective on Alaska Air Group in a report on Friday, January 30th. One investment analyst has rated the stock with a Strong Buy rating, ten have given a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of $63.67.

Alaska Air Group Stock Performance

Shares of NYSE ALK opened at $39.84 on Thursday. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.50 and a quick ratio of 0.46. The stock’s fifty day moving average price is $46.52 and its two-hundred day moving average price is $47.12. Alaska Air Group has a one year low of $33.03 and a one year high of $65.88. The firm has a market cap of $4.51 billion, a price-to-earnings ratio of 45.79, a P/E/G ratio of 0.51 and a beta of 1.27.

Alaska Air Group (NYSE:ALK) last posted its quarterly earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share 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 business had revenue of $3.63 billion for the quarter, compared to analysts’ expectations of $3.64 billion. During the same quarter in the prior year, the business earned $0.97 EPS. The firm’s revenue for the quarter was up 2.8% on a year-over-year basis. 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.

Institutional Trading of Alaska Air Group

Large investors have recently modified their holdings of the stock. Atlas Capital Advisors Inc. acquired a new stake in shares of Alaska Air Group during the 4th quarter worth $26,000. Foster Dykema Cabot & Partners LLC acquired a new stake in shares of Alaska Air Group during the 3rd quarter worth $28,000. AlphaQuest LLC acquired a new stake in shares of Alaska Air Group during the 3rd quarter worth $34,000. First Command Advisory Services Inc. grew its holdings in shares of Alaska Air Group by 242.5% during the 4th quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock worth $34,000 after purchasing an additional 485 shares in the last quarter. Finally, Smartleaf Asset Management LLC grew its holdings in shares of Alaska Air Group by 43.2% during the 3rd quarter. Smartleaf Asset Management LLC now owns 838 shares of the transportation company’s stock worth $42,000 after purchasing an additional 253 shares in the last quarter. 81.90% of the stock is owned by institutional investors and hedge funds.

Insider Transactions at Alaska Air Group

In other news, CFO Shane R. Tackett sold 24,000 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total transaction of $1,371,600.00. Following the sale, the chief financial officer directly owned 43,377 shares of the company’s stock, valued at approximately $2,478,995.55. This represents a 35.62% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, EVP Andrew R. Harrison sold 5,500 shares of the stock in a transaction on Wednesday, February 18th. The stock was sold at an average price of $56.63, for a total value of $311,465.00. Following the sale, the executive vice president directly owned 30,828 shares in the company, valued at approximately $1,745,789.64. This trade represents a 15.14% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders have sold 56,945 shares of company stock valued at $3,204,569. 1.00% of the stock is owned by corporate insiders.

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.