Alaska Air Group (NYSE:ALK) Stock Gets Price Target Reduction from Susquehanna

Alaska Air Group (NYSE:ALK) had its target price trimmed by Susquehanna from $50.00 to $43.00 in a research report sent to investors on Thursday morning,Benzinga reports. The firm currently has a positive rating on the transportation company’s stock.

Several other equities research analysts also recently weighed in on ALK. Barclays set a $52.00 target price on Alaska Air Group and gave the stock an “overweight” rating in a research report on Friday, September 11th. Citigroup reiterated a “sell” rating and set a $33.00 price objective (down from $37.00) on shares of Alaska Air Group in a research note on Thursday. TD Cowen decreased their price objective on Alaska Air Group from $46.00 to $44.00 and set a “buy” rating for the company in a report on Friday, October 2nd. Weiss Ratings lowered Alaska Air Group from a “sell (d+)” rating to a “sell (d)” rating in a research note on Tuesday, August 18th. Finally, JPMorgan Chase & Co. decreased their price target on shares of Alaska Air Group from $94.00 to $92.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Ten equities research analysts have rated the stock with a Buy rating and three have issued a Sell rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of $53.23.

Alaska Air Group Price Performance

Shares of NYSE:ALK opened at $34.39 on Thursday. The company has a debt-to-equity ratio of 1.49, a quick ratio of 0.51 and a current ratio of 0.46. Alaska Air Group has a fifty-two week low of $32.33 and a fifty-two week high of $60.63. The business has a 50-day simple moving average of $39.76 and a two-hundred day simple moving average of $43.12. The firm has a market cap of $3.83 billion, a price-to-earnings ratio of -9.80 and a beta of 1.33.

Alaska Air Group (NYSE:ALK) last announced its earnings results on Tuesday, October 20th. The transportation company reported $0.36 earnings per share (EPS) for the quarter, missing the consensus estimate of $0.39 by ($0.03). Alaska Air Group had a negative net margin of 2.58% and a negative return on equity of 5.42%. The business had revenue of $4.31 billion for the quarter, compared to analysts’ expectations of $4.31 billion. During the same quarter last year, the firm earned $1.05 EPS. The firm’s quarterly revenue was up 14.4% on a year-over-year basis. On average, analysts expect that Alaska Air Group will post -3.82 earnings per share for the current year.

Insiders Place Their Bets

In related news, CEO Benito Minicucci acquired 25,000 shares of Alaska Air Group stock in a transaction dated Thursday, August 20th. The shares were purchased at an average cost of $40.06 per share, with a total value of $1,001,500.00. Following the completion of the purchase, the chief executive officer owned 256,582 shares of the company’s stock, valued at $10,278,674.92. This represents a 10.80% increase in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, EVP Andrew R. Harrison sold 5,300 shares of the stock in a transaction on Monday, August 3rd. The shares were sold at an average price of $49.67, for a total value of $263,251.00. Following the sale, the executive vice president directly owned 25,528 shares in the company, valued at $1,267,975.76. This trade represents a 17.19% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders own 1.00% of the company’s stock.

Institutional Trading of Alaska Air Group

Several institutional investors have recently added to or reduced their stakes in the stock. Compound Global Advisors LLC purchased a new position in shares of Alaska Air Group in the second quarter valued at $39,000. Fortitude Family Office LLC raised its position in shares of Alaska Air Group by 323.5% during the third quarter. Fortitude Family Office LLC now owns 775 shares of the transportation company’s stock valued at $30,000 after buying an additional 592 shares during the last quarter. Cedar Mountain Advisors LLC raised its position in Alaska Air Group by 963.3% in the 2nd quarter. Cedar Mountain Advisors LLC now owns 840 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 761 shares during the last quarter. Mosley Wealth Management lifted its stake in Alaska Air Group by 1,475.0% in the third quarter. Mosley Wealth Management now owns 945 shares of the transportation company’s stock valued at $34,000 after buying an additional 885 shares during the period. Finally, Root Financial Partners LLC bought a new stake in Alaska Air Group during the 3rd quarter worth about $48,000. Institutional investors and hedge funds own 81.90% of the company’s stock.

More Alaska Air Group News

Here are the key news stories impacting Alaska Air Group this week:

• Positive Sentiment: JPMorgan maintained an “overweight” rating and Susquehanna retained a “positive” rating, indicating that both firms see potential upside despite reducing their price targets to $74 and $43, respectively. JPMorgan analyst coverage Susquehanna analyst coverage
• Neutral Sentiment: Alaska Air’s third-quarter revenue increased 14.4% year over year to $4.31 billion, but earnings per share of $0.36 missed the $0.39 consensus estimate and fell sharply from $1.05 in the prior-year quarter. The results highlight continued growth alongside deteriorating margins. Alaska Air Q3 2026 earnings call transcript
• Negative Sentiment: The company issued fourth-quarter EPS guidance of a $2.50–$2.00 loss, substantially below the consensus estimate for a $1.14 loss. The wider projected loss reinforces concerns that elevated fuel expenses are overwhelming revenue growth. Alaska Air Q3 2026 financial results
• Negative Sentiment: Industry conditions are also unfavorable: U.S. airlines are favoring higher fares over fuller aircraft as fuel costs squeeze profits. That environment could limit passenger demand while increasing pressure on Alaska Air’s operating margins. Reuters airline fuel-costs article
• Negative Sentiment: Zacks Research downgraded Alaska Air from “hold” to “strong sell,” adding to the bearish reaction to the earnings outlook. Zacks Research rating

About Alaska Air Group

Alaska Air Group, Inc is an airline holding company headquartered in Seattle, Washington. Its principal subsidiaries include Alaska Airlines and Hawaiian Airlines, which operate under separate brands while serving passengers throughout North America, the Pacific and other international markets.

Alaska Airlines provides scheduled passenger and air cargo services across the United States, Canada, Mexico, Costa Rica and the Bahamas, with a strong presence on the U.S. West Coast and in Alaska.