SkyWest, Inc. (NASDAQ:SKYW) Receives $119.80 Consensus Target Price from Analysts

SkyWest, Inc. (NASDAQ:SKYW) has been given an average rating of “Moderate Buy” by the six analysts that are currently covering the firm, MarketBeat Ratings reports. Two analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has given a strong buy recommendation to the company. The average 1 year target price among analysts that have covered the stock in the last year is $119.80.

SKYW has been the topic of a number of analyst reports. Weiss Ratings reiterated a “buy (b-)” rating on shares of SkyWest in a report on Thursday, January 22nd. Citigroup lowered their target price on SkyWest from $112.00 to $101.00 and set a “neutral” rating on the stock in a report on Friday, March 20th. Cantor Fitzgerald set a $122.00 price objective on SkyWest in a report on Monday, January 26th. Finally, TD Cowen decreased their price objective on SkyWest from $122.00 to $106.00 and set a “buy” rating on the stock in a report on Friday, April 17th.

Insider Activity

In other news, insider Wade J. Steel sold 20,629 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $106.53, for a total transaction of $2,197,607.37. Following the sale, the insider owned 77,438 shares in the company, valued at $8,249,470.14. This trade represents a 21.04% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. 1.50% of the stock is owned by company insiders.

Institutional Investors Weigh In On SkyWest

Hedge funds have recently made changes to their positions in the business. Caitong International Asset Management Co. Ltd boosted its holdings in SkyWest by 480.0% in the fourth quarter. Caitong International Asset Management Co. Ltd now owns 261 shares of the transportation company’s stock valued at $26,000 after acquiring an additional 216 shares during the last quarter. Transamerica Financial Advisors LLC boosted its holdings in SkyWest by 273.6% in the fourth quarter. Transamerica Financial Advisors LLC now owns 269 shares of the transportation company’s stock valued at $27,000 after acquiring an additional 197 shares during the last quarter. Salomon & Ludwin LLC acquired a new position in SkyWest in the third quarter valued at $38,000. Johnson Financial Group Inc. acquired a new position in SkyWest in the third quarter valued at $62,000. Finally, EverSource Wealth Advisors LLC boosted its holdings in SkyWest by 118.5% in the second quarter. EverSource Wealth Advisors LLC now owns 625 shares of the transportation company’s stock valued at $64,000 after acquiring an additional 339 shares during the last quarter. Institutional investors and hedge funds own 81.30% of the company’s stock.

SkyWest Price Performance

Shares of NASDAQ:SKYW opened at $92.75 on Tuesday. The business’s fifty day moving average price is $95.92 and its two-hundred day moving average price is $98.85. The stock has a market cap of $3.73 billion, a PE ratio of 8.96, a price-to-earnings-growth ratio of 1.27 and a beta of 1.63. The company has a debt-to-equity ratio of 0.67, a quick ratio of 0.55 and a current ratio of 0.65. SkyWest has a one year low of $85.17 and a one year high of $123.94.

SkyWest (NASDAQ:SKYW) last announced its earnings results on Thursday, April 23rd. The transportation company reported $2.50 EPS for the quarter, beating analysts’ consensus estimates of $2.15 by $0.35. The firm had revenue of $1.01 billion for the quarter, compared to analysts’ expectations of $993.06 million. SkyWest had a return on equity of 16.35% and a net margin of 10.56%.SkyWest’s quarterly revenue was up 6.8% on a year-over-year basis. During the same quarter in the prior year, the firm earned $2.42 EPS. On average, analysts forecast that SkyWest will post 11.1 EPS for the current fiscal year.

More SkyWest News

Here are the key news stories impacting SkyWest this week:

• Positive Sentiment: Q1 beat: SkyWest reported EPS above consensus and revenue growth (~6.8% YoY), driven by solid demand and improved operating cash flow — a primary reason investors pushed the stock up. SkyWest (SKYW) Tops Q1 Earnings and Revenue Estimates
• Positive Sentiment: Upward guidance and fleet growth: Management reiterated 2026 GAAP EPS in the low-$11 range and confirmed plans to launch the CRJ450 with United this fall — signaling durable revenue opportunities from contract partners. SkyWest anticipates 2026 GAAP EPS in the $11 area while preparing to launch the CRJ450 with United this fall
• Neutral Sentiment: Earnings call color: Management struck an upbeat tone on growth but emphasized “headwinds” from cost inflation and fleet transition timing — useful detail for modeling margin recovery timing. SkyWest Inc. Earnings Call Highlights Growth Amid Headwinds
• Negative Sentiment: Rising costs and margin pressure: Several reports note cost of sales increased and operating profit declined year-over-year despite revenue growth — a near-term drag on margins. SkyWest beats Q1 earnings and revenue estimates, but costs up; Shares edge lower
• Negative Sentiment: Heavy capex and cash decline: Capex jumped sharply (large aircraft/purchases) and cash balances fell year-over-year, increasing near-term liquidity and leverage considerations for investors. SkyWest Inc. Releases Q1 2026 Earnings: Revenue Up; EPS Beats Estimates
• Negative Sentiment: Insider selling noted: Recent disclosures show insiders sold shares, which some investors view as a cautionary signal (context: management still signaling multi-year profitability). SkyWest Inc. Releases Q1 2026 Earnings: Revenue Up; EPS Beats Estimates

About SkyWest

SkyWest, Inc (NASDAQ: SKYW) is a regional airline holding company that provides air transportation services through its primary subsidiary, SkyWest Airlines. The company operates flights under capacity purchase agreements with major carriers such as United Airlines, Delta Air Lines, American Airlines and Alaska Airlines. By specializing in regional connectivity, SkyWest links smaller communities to larger hubs using a fleet of regional jets and turboprop aircraft.

Headquartered in St. George, Utah, SkyWest oversees all aspects of its airline operations, including flight scheduling, crew training and aircraft maintenance.