NYSE:ALK

Alaska Air Group - ALK Price Target & Analyst Ratings

$39.27

-0.02 (-0.05%)

(As of 03/20/2023 12:00 AM ET)

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Today's Range: $39.07
▼
$39.90
50-Day Range: $39.27
▼
$53.58
52-Week Range: $38.19
▼
$61.55

Volume: 1.88 million shs
Average Volume: 1.49 million shs
Market Capitalization: $5.01 billion

P/E Ratio: 91.33
Dividend Yield: N/A
Price Target: $65.05

Institutional Ownership

Alaska Air Group Consensus Rating and Price Target (2023)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Analyst Rating

Moderate Buy
Based on 13 Analyst Ratings

Consensus Analyst Price Target

$65.05
65.64% Upside

High Prediction	$91.00
Average Prediction	$65.05
Low Prediction	$50.00

Type	Current 3/21/22 to 3/21/23	1 Month Ago 2/19/22 to 2/19/23	3 Months Ago 12/21/21 to 12/21/22	1 Year Ago 3/21/21 to 3/21/22
Consensus Rating	Moderate Buy	Moderate Buy	Moderate Buy	Buy
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	12 Buy rating(s)	11 Buy rating(s)	12 Buy rating(s)	4 Buy rating(s)
Hold	1 Hold rating(s)	2 Hold rating(s)	1 Hold rating(s)	0 Hold rating(s)
Sell	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)	0 Sell rating(s)
Consensus Price Target	$65.05	$64.32	$63.17	$76.50
Predicted Upside	65.64% Upside	39.51% Upside	42.28% Upside	33.97% Upside

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ALK Analyst Ratings By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

ALK Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

Alaska Air Group Stock vs. The Competition

Type	Alaska Air Group	Transportation Companies	S&P 500
Consensus Rating Score	2.92	2.45	2.47
Consensus Rating	Moderate Buy	Hold	Hold
Predicted Upside	65.22% Upside	223.05% Upside	22.67% Upside
News Sentiment Rating	Neutral News	Neutral News	Neutral News

Historical Target Prices and Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

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Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
3/10/2023	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Equal Weight ➝ Overweight	$54.00 ➝ $62.00	+30.47%
2/2/2023	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Positive	$55.00 ➝ $59.00	+13.33%
1/31/2023	Citigroup Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$57.50 ➝ $58.50	+13.95%
1/30/2023	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$70.00 ➝ $75.00	+47.70%
1/27/2023	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Overweight	$90.00 ➝ $91.00	+77.32%
1/27/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Peer Perform

1/5/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Outperform	$58.00 ➝ $60.00	+35.44%
12/16/2022	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$60.00	+37.21%
10/21/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$85.00 ➝ $65.00	+61.85%
8/15/2022	Melius Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy
7/12/2022	Susquehanna Bancshares Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Positive	$68.00 ➝ $50.00	+23.95%
6/27/2022	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Outperform	$80.00 ➝ $70.00	+66.98%
6/10/2021	MKM Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Buy	$81.00	+23.44%
2/22/2021	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$75.00	+20.42%
12/11/2020	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy	$43.00 ➝ $64.00	+24.78%
10/23/2020	Cfra Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy
7/24/2020	Stifel Nicolaus Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Buy	$44.00 ➝ $50.00	+41.60%
6/8/2020	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Neutral ➝ Buy
5/18/2020	Credit Suisse Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Outperform	$51.00	+83.12%

(Data available from 3/21/2018 forward. View 10+ years of historical ratings with our analyst ratings screener.)

ALK Price Target - Frequently Asked Questions

What is Alaska Air Group's consensus rating and price target?: According to the issued ratings of 13 analysts in the last year, the consensus rating for Alaska Air Group stock is Moderate Buy based on the current 1 hold rating and 12 buy ratings for ALK. The average twelve-month price prediction for Alaska Air Group is $65.05 with a high price target of $91.00 and a low price target of $50.00. Learn more on ALK's analyst rating history.
Do Wall Street analysts like Alaska Air Group more than its competitors?: Analysts like Alaska Air Group more than other Transportation companies. The consensus rating for Alaska Air Group is Moderate Buy while the average consensus rating for transportation companies is Hold. Learn more on how ALK compares to other companies.
Is Alaska Air Group being upgraded or downgraded by Wall Street analysts?: Over the previous 90 days, Alaska Air Group's stock had 1 upgrade and 1 downgrade by analysts.

Does Alaska Air Group's stock price have much upside?: According to analysts, Alaska Air Group's stock has a predicted upside of 42.15% based on their 12-month price targets.
What analysts cover Alaska Air Group?: Alaska Air Group has been rated by Barclays, Citigroup, JPMorgan Chase & Co., Morgan Stanley, Raymond James, Susquehanna, and Wolfe Research in the past 90 days.

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This page (NYSE:ALK) was last updated on 3/21/2023 by MarketBeat.com Staff

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