Research Analysts Offer Predictions for ALK Q4 Earnings

Alaska Air Group, Inc. (NYSE:ALK) – Stock analysts at Zacks Research raised their Q4 2026 earnings per share estimates for Alaska Air Group in a report released on Wednesday, April 8th. Zacks Research analyst Team now forecasts that the transportation company will post earnings per share of $1.39 for the quarter, up from their previous forecast 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.

ALK has been the topic of several other reports. Barclays reaffirmed an “overweight” rating and issued a $70.00 price objective (up from $60.00) on shares of Alaska Air Group in a research note on Monday, January 12th. Weiss Ratings raised Alaska Air Group from a “sell (d+)” rating to a “hold (c-)” rating in a research note on Monday, March 9th. Bank of America reduced their price objective on Alaska Air Group from $70.00 to $60.00 and set a “buy” rating on the stock in a research note on Wednesday, April 1st. Cantor Fitzgerald set a $63.00 price objective on Alaska Air Group in a research note on Friday, January 30th. Finally, Wall Street Zen downgraded Alaska Air Group from a “hold” rating to a “sell” rating in a research report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, ten have issued a Buy rating, one has issued a Hold rating and one has assigned a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $63.67.

Alaska Air Group Stock Performance

NYSE:ALK opened at $39.84 on Thursday. The stock’s 50-day simple moving average is $46.52 and its 200 day simple moving average is $47.12. The firm has a market capitalization of $4.51 billion, a PE ratio of 45.79, a price-to-earnings-growth ratio of 0.51 and a beta of 1.27. The company has a quick ratio of 0.46, a current ratio of 0.50 and a debt-to-equity ratio of 1.17. Alaska Air Group has a twelve month low of $33.03 and a twelve month high of $65.88.

Alaska Air Group (NYSE:ALK) last released its quarterly earnings data on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, beating the consensus estimate of $0.11 by $0.32. The business had revenue of $3.63 billion for the quarter, compared to analyst estimates of $3.64 billion. Alaska Air Group had a return on equity of 7.22% and a net margin of 0.70%.Alaska Air Group’s revenue was up 2.8% compared to the same quarter last year. During the same period last year, the firm posted $0.97 earnings per share. 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.

Hedge Funds Weigh In On Alaska Air Group

A number of hedge funds have recently made changes to their positions in the stock. Hsbc Holdings PLC raised its position in shares of Alaska Air Group by 144.3% during the fourth quarter. Hsbc Holdings PLC now owns 84,257 shares of the transportation company’s stock worth $4,234,000 after acquiring an additional 49,762 shares during the last quarter. Rockefeller Capital Management L.P. boosted its holdings in Alaska Air Group by 618.4% in the fourth quarter. Rockefeller Capital Management L.P. now owns 42,919 shares of the transportation company’s stock valued at $2,159,000 after acquiring an additional 36,945 shares during the last quarter. Pacer Advisors Inc. boosted its holdings in Alaska Air Group by 38.4% in the fourth quarter. Pacer Advisors Inc. now owns 21,024 shares of the transportation company’s stock valued at $1,058,000 after acquiring an additional 5,834 shares during the last quarter. Kera Capital Partners Inc. boosted its holdings in Alaska Air Group by 15.1% in the fourth quarter. Kera Capital Partners Inc. now owns 4,746 shares of the transportation company’s stock valued at $241,000 after acquiring an additional 624 shares during the last quarter. Finally, Invesco Ltd. boosted its holdings in Alaska Air Group by 18.7% in the fourth quarter. Invesco Ltd. now owns 973,636 shares of the transportation company’s stock valued at $48,974,000 after acquiring an additional 153,340 shares during the last quarter. 81.90% of the stock is currently owned by institutional investors.

Insider Buying and Selling at Alaska Air Group

In other Alaska Air Group news, CFO Shane R. Tackett sold 24,000 shares of the stock in a transaction dated Wednesday, February 18th. The stock was sold at an average price of $57.15, for a total value of $1,371,600.00. Following the completion of the transaction, the chief financial officer directly owned 43,377 shares in the company, valued at approximately $2,478,995.55. This trade represents a 35.62% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this link. Also, EVP Andrew R. Harrison sold 14,500 shares of the stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $54.81, for a total value of $794,745.00. Following the completion of the transaction, the executive vice president owned 20,195 shares of the company’s stock, valued at $1,106,887.95. This represents a 41.79% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Over the last three months, insiders sold 56,945 shares of company stock worth $3,204,569. 1.00% of the stock is currently owned by 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.