Equities Analysts Set Expectations for ALK Q3 Earnings

Key Points

• Zacks Research has raised its Q3 2025 EPS estimate for Alaska Air Group from $2.66 to $4.15, reflecting strong expected earnings growth.
• Multiple analysts have increased their price targets for Alaska Air Group stock, with UBS setting a target of $56.00 and Susquehanna at $60.00, indicating positive sentiment towards the company's performance.
• Alaska Air Group reported a net margin of 2.33% and a return on equity of 12.62% for their recent quarter, surpassing consensus estimates for both EPS and revenue.

Alaska Air Group, Inc. (NYSE:ALK - Free Report) - Stock analysts at Zacks Research upped their Q3 2025 earnings per share (EPS) estimates for Alaska Air Group in a research report issued on Wednesday, August 6th. Zacks Research analyst M. Basu now forecasts that the transportation company will earn $4.15 per share for the quarter, up from their previous forecast of $2.66. 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 $1.71 EPS, FY2025 earnings at $6.87 EPS, Q1 2026 earnings at $2.83 EPS, Q2 2026 earnings at $2.66 EPS, Q3 2026 earnings at $4.23 EPS, Q4 2026 earnings at $3.59 EPS, FY2026 earnings at $13.31 EPS, Q1 2027 earnings at $5.51 EPS, Q2 2027 earnings at $5.78 EPS and FY2027 earnings at $28.78 EPS.

A number of other analysts also recently weighed in on the company. UBS Group increased their price objective on Alaska Air Group from $49.00 to $56.00 and gave the company a "neutral" rating in a report on Friday, July 25th. TD Cowen increased their price objective on Alaska Air Group from $54.00 to $62.00 and gave the company a "buy" rating in a report on Friday, April 25th. Susquehanna increased their price objective on Alaska Air Group from $50.00 to $60.00 and gave the company a "positive" rating in a report on Tuesday, August 5th. Finally, Barclays upped their price target on shares of Alaska Air Group from $55.00 to $60.00 and gave the company an "overweight" rating in a research report on Thursday, July 10th. One equities research analyst has rated the stock with a hold rating and eleven have issued a buy rating to the stock. According to data from MarketBeat, the stock has an average rating of "Moderate Buy" and a consensus target price of $67.83.

Alaska Air Group Price Performance

Shares of NYSE:ALK traded up $5.04 during trading on Monday, hitting $56.18. 3,270,076 shares of the company were exchanged, compared to its average volume of 3,201,520. The company has a market capitalization of $6.48 billion, a P/E ratio of 22.84, a price-to-earnings-growth ratio of 0.51 and a beta of 1.45. Alaska Air Group has a 1-year low of $34.44 and a 1-year high of $78.08. The business's 50 day moving average is $51.05 and its 200-day moving average is $54.72. The company has a quick ratio of 0.49, a current ratio of 0.52 and a debt-to-equity ratio of 1.14.

Alaska Air Group (NYSE:ALK - Get Free Report) last announced its quarterly earnings results on Wednesday, July 23rd. The transportation company reported $1.78 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.56 by $0.22. The company had revenue of $3.70 billion during the quarter, compared to the consensus estimate of $3.65 billion. Alaska Air Group had a net margin of 2.33% and a return on equity of 12.62%. The company's revenue for the quarter was up 27.9% compared to the same quarter last year. During the same period in the prior year, the business earned $2.55 earnings per share.

Institutional Trading of Alaska Air Group

A number of institutional investors and hedge funds have recently modified their holdings of ALK. Brighton Jones LLC increased its position in shares of Alaska Air Group by 2,046.4% during the fourth quarter. Brighton Jones LLC now owns 96,932 shares of the transportation company's stock valued at $6,276,000 after acquiring an additional 92,416 shares during the last quarter. Cerity Partners LLC increased its stake in shares of Alaska Air Group by 2.3% during the 4th quarter. Cerity Partners LLC now owns 50,809 shares of the transportation company's stock worth $3,134,000 after purchasing an additional 1,137 shares during the last quarter. Invesco Ltd. increased its stake in shares of Alaska Air Group by 3.6% during the 4th quarter. Invesco Ltd. now owns 688,667 shares of the transportation company's stock worth $44,591,000 after purchasing an additional 24,132 shares during the last quarter. Bank of Nova Scotia purchased a new stake in shares of Alaska Air Group during the 4th quarter worth approximately $445,000. Finally, Raymond James Financial Inc. purchased a new stake in shares of Alaska Air Group during the 4th quarter worth approximately $24,241,000. 81.90% of the stock is owned by hedge funds and other institutional investors.

Insiders Place Their Bets

In other news, EVP Andrew R. Harrison sold 7,600 shares of the stock in a transaction dated Monday, July 28th. The shares were sold at an average price of $53.22, for a total value of $404,472.00. Following the completion of the sale, the executive vice president owned 18,930 shares in the company, valued at $1,007,454.60. This represents a 28.65% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, VP Emily Halverson sold 2,946 shares of the stock in a transaction dated Thursday, June 5th. The shares were sold at an average price of $51.34, for a total transaction of $151,247.64. Following the completion of the sale, the vice president owned 8,253 shares of the company's stock, valued at approximately $423,709.02. This trade represents a 26.31% decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 18,046 shares of company stock valued at $957,045 in the last 90 days. 0.92% of the stock is currently owned by company insiders.

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.