Alaska Air Group (NYSE:ALK) Price Target Cut to $54.00 by Analysts at TD Cowen

Alaska Air Group (NYSE:ALK) had its target price trimmed by TD Cowen from $63.00 to $54.00 in a report published on Monday,Benzinga reports. The brokerage currently has a buy rating on the transportation company’s stock.

Several other analysts have also weighed in on ALK. Zacks Research raised Alaska Air Group from a “strong sell” rating to a “hold” rating in a report on Friday, December 5th. Cantor Fitzgerald set a $63.00 target price on Alaska Air Group in a report on Friday, January 30th. Wall Street Zen upgraded Alaska Air Group from a “sell” rating to a “hold” rating in a research report on Saturday. Susquehanna boosted their price target on Alaska Air Group from $52.00 to $70.00 and gave the company a “positive” rating in a report on Friday, January 9th. Finally, Weiss Ratings lowered Alaska Air Group from a “hold (c-)” rating to a “sell (d+)” rating in a research report on Friday, February 13th. One research analyst has rated the stock with a Strong Buy rating, eight have issued a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the stock. According to data from MarketBeat, the stock has an average rating of “Moderate Buy” and an average price target of $70.50.

Alaska Air Group Trading Up 2.2%

NYSE ALK opened at $43.25 on Monday. The company has a market capitalization of $4.96 billion, a price-to-earnings ratio of 49.71, a price-to-earnings-growth ratio of 0.38 and a beta of 1.16. The company has a debt-to-equity ratio of 1.17, a current ratio of 0.50 and a quick ratio of 0.46. Alaska Air Group has a 12 month low of $37.63 and a 12 month high of $65.88. The company’s fifty day moving average price is $51.67 and its two-hundred day moving average price is $50.61.

Alaska Air Group (NYSE:ALK) last released its earnings results on Thursday, January 22nd. The transportation company reported $0.43 earnings per share for the quarter, topping the consensus estimate of $0.11 by $0.32. The company had revenue of $3.63 billion during the quarter, compared to the consensus estimate of $3.64 billion. Alaska Air Group had a net margin of 0.70% and a return on equity of 7.22%. The company’s revenue was up 2.8% on a year-over-year basis. During the same quarter in the previous year, the firm earned $0.97 EPS. 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. As a group, research analysts predict that Alaska Air Group will post 6.03 earnings per share for the current fiscal year.

Insider Buying and Selling

In other Alaska Air Group news, EVP Kyle B. Levine sold 2,945 shares of Alaska Air Group stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $60.02, for a total value of $176,758.90. Following the completion of the transaction, the executive vice president directly owned 20,977 shares in the company, valued at $1,259,039.54. The trade was a 12.31% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, CFO Shane R. Tackett sold 24,000 shares of the company’s stock in a transaction that occurred on Wednesday, February 18th. The shares were sold at an average price of $57.15, for a total value of $1,371,600.00. Following the transaction, the chief financial officer directly owned 43,377 shares of the company’s stock, valued at $2,478,995.55. This trade represents a 35.62% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 56,945 shares of company stock worth $3,204,569 over the last quarter. 0.92% of the stock is owned by company insiders.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently added to or reduced their stakes in the stock. Atlas Capital Advisors Inc. bought a new position in Alaska Air Group during the 4th quarter worth $26,000. Foster Dykema Cabot & Partners LLC acquired a new stake in Alaska Air Group in the third quarter worth $28,000. MAI Capital Management lifted its stake in Alaska Air Group by 80.5% in the second quarter. MAI Capital Management now owns 628 shares of the transportation company’s stock valued at $31,000 after buying an additional 280 shares during the last quarter. AlphaQuest LLC bought a new stake in Alaska Air Group in the third quarter valued at $34,000. Finally, First Command Advisory Services Inc. boosted its holdings in shares of Alaska Air Group by 242.5% during the fourth quarter. First Command Advisory Services Inc. now owns 685 shares of the transportation company’s stock valued at $34,000 after acquiring an additional 485 shares during the period. Institutional investors and hedge funds own 81.90% of the company’s stock.

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.