JPMorgan Chase & Co. Issues Positive Forecast for American Airlines Group (NASDAQ:AAL) Stock Price

Key Points

• JPMorgan Chase & Co. has raised its price target for American Airlines Group to $20.00 from $17.00, indicating a potential upside of 54.44% from the current stock price.
• The airline's stock has received various analyst ratings, with a consensus rating of Moderate Buy and an average target price of $16.59.
• American Airlines Group reported an earnings per share (EPS) of $0.95 for the last quarter, surpassing estimates, with revenue of $14.39 billion.

American Airlines Group (NASDAQ:AAL - Get Free Report) had its target price hoisted by research analysts at JPMorgan Chase & Co. from $17.00 to $20.00 in a research report issued on Friday,Benzinga reports. The brokerage presently has an "overweight" rating on the airline's stock. JPMorgan Chase & Co.'s price target indicates a potential upside of 56.72% from the company's current price.

Other equities research analysts have also issued research reports about the company. The Goldman Sachs Group increased their price target on American Airlines Group from $8.00 to $10.00 and gave the stock a "sell" rating in a research note on Wednesday, August 27th. Bank of America increased their price target on American Airlines Group from $12.00 to $13.00 and gave the stock a "neutral" rating in a research note on Monday, August 18th. UBS Group increased their price target on American Airlines Group from $9.00 to $12.00 and gave the stock a "neutral" rating in a research note on Monday, July 7th. Raymond James Financial set a $14.00 price target on American Airlines Group in a research note on Monday, August 25th. Finally, Barclays raised their price objective on American Airlines Group from $11.00 to $12.00 and gave the company an "equal weight" rating in a research report on Thursday, July 10th. Two analysts have rated the stock with a Strong Buy rating, eight have given a Buy rating, eight have issued a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat.com, American Airlines Group presently has a consensus rating of "Moderate Buy" and a consensus price target of $16.59.

American Airlines Group Stock Performance

Shares of NASDAQ AAL traded up $0.35 during midday trading on Friday, hitting $12.76. 69,737,676 shares of the stock traded hands, compared to its average volume of 59,349,930. The firm has a 50-day moving average of $12.49 and a two-hundred day moving average of $11.51. The firm has a market capitalization of $8.42 billion, a P/E ratio of 15.94, a PEG ratio of 3.24 and a beta of 1.40. American Airlines Group has a one year low of $8.50 and a one year high of $19.10.

American Airlines Group (NASDAQ:AAL - Get Free Report) last announced its earnings results on Thursday, July 24th. The airline reported $0.95 EPS for the quarter, topping analysts' consensus estimates of $0.79 by $0.16. American Airlines Group had a negative return on equity of 24.55% and a net margin of 1.05%.The company had revenue of $14.39 billion for the quarter, compared to analysts' expectations of $14.27 billion. During the same period last year, the firm earned $1.09 EPS. American Airlines Group's revenue for the quarter was up .4% compared to the same quarter last year. American Airlines Group has set its Q3 2025 guidance at -0.600--0.100 EPS. Equities analysts forecast that American Airlines Group will post 2.42 earnings per share for the current fiscal year.

Hedge Funds Weigh In On American Airlines Group

A number of large investors have recently made changes to their positions in AAL. Vanguard Group Inc. grew its holdings in shares of American Airlines Group by 1.0% during the first quarter. Vanguard Group Inc. now owns 63,625,284 shares of the airline's stock valued at $671,247,000 after buying an additional 639,760 shares during the last quarter. Primecap Management Co. CA grew its holdings in shares of American Airlines Group by 0.4% during the first quarter. Primecap Management Co. CA now owns 60,445,097 shares of the airline's stock valued at $637,696,000 after buying an additional 219,390 shares during the last quarter. U S Global Investors Inc. grew its holdings in shares of American Airlines Group by 7.5% during the second quarter. U S Global Investors Inc. now owns 7,718,224 shares of the airline's stock valued at $86,598,000 after buying an additional 536,978 shares during the last quarter. Marshall Wace LLP grew its holdings in shares of American Airlines Group by 319.4% during the second quarter. Marshall Wace LLP now owns 5,019,492 shares of the airline's stock valued at $56,319,000 after buying an additional 3,822,757 shares during the last quarter. Finally, Charles Schwab Investment Management Inc. grew its holdings in shares of American Airlines Group by 5.2% during the first quarter. Charles Schwab Investment Management Inc. now owns 4,575,284 shares of the airline's stock valued at $48,269,000 after buying an additional 227,762 shares during the last quarter. 52.44% of the stock is owned by institutional investors and hedge funds.

American Airlines Group Company Profile

American Airlines Group Inc, through its subsidiaries, operates as a network air carrier. The company provides scheduled air transportation services for passengers and cargo through its hubs in Charlotte, Chicago, Dallas/Fort Worth, Los Angeles, Miami, New York, Philadelphia, Phoenix, and Washington, DC, as well as through partner gateways in London, Doha, Madrid, Seattle/Tacoma, Sydney, and Tokyo.