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NYSE: ALK
Alaska Air Group Inc Stock Forecast, Predictions & Price Target

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Analyst price target for ALK

Based on 8 analysts offering 12 month price targets for Alaska Air Group Inc.
Min Forecast
$45.00+2.13%
Avg Forecast
$64.50+46.39%
Max Forecast
$103.00+133.77%

Should I buy or sell ALK stock?

Based on 8 analysts offering ratings for Alaska Air Group Inc.
Strong Buy
Strong Buy
4 analysts 50%
Buy
3 analysts 37.5%
Hold
1 analysts 12.5%
Sell
0 analysts 0%
Strong Sell
0 analysts 0%

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ALK stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
Citigroup
Top 21%
80
Strong BuyInitiates Coverage On$55.00+24.83%2022-12-05
Cowen & Co.
Bottom 14%
14
BuyMaintains$65.00+47.53%2022-10-21
Morgan Stanley
Bottom 1%
1
Strong BuyMaintains$70.00+58.87%2022-07-25
Susquehanna
Top 24%
77
Strong BuyMaintains$50.00+13.48%2022-07-12
Barclays
Bottom 5%
5
HoldMaintains$45.00+2.13%2022-07-12
Evercore ISI Group
Top 10%
91
BuyMaintains$70.00+58.87%2022-06-27
Raymond James
Top 7%
94
BuyDowngrades$58.00+31.64%2022-06-23
JP Morgan
Bottom 9%
9
Strong BuyMaintains$103.00+133.77%2022-04-22

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Forecast return on equity

Is ALK forecast to generate an efficient return?
Company
25.1%
Industry
87.3%
Market
50.96%
ALK's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is ALK forecast to generate an efficient return on assets?
Company
6.61%
Industry
16.21%
ALK is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

ALK earnings per share forecast

What is ALK's earnings per share in the next 3 years based on estimates from 8 analysts?
Avg 1 year Forecast
$4.37+965.85%
Avg 2 year Forecast
$5.60+1,265.85%
Avg 3 year Forecast
$7.57+1,746.34%
ALK's earnings are forecast to... subscribe to Premium to read more.
Forecast High Earnings Growth Forecast

ALK revenue forecast

What is ALK's revenue in the next 3 years based on estimates from 6 analysts?
Avg 1 year Forecast
$9.6B+6.23%
Avg 2 year Forecast
$9.9B+9.25%
Avg 3 year Forecast
$10.9B+19.96%
ALK's revenue is forecast to... subscribe to Premium to read more.
Forecast High Revenue Growth Forecast

ALK earnings growth forecast

How is ALK forecast to perform vs Airlines companies and vs the US market?
Company
276.49%
Industry
124.8%
Market
20.2%
ALK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Industry Forecast
ALK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Market Forecast
ALK's earnings are forecast to... subscribe to Premium to read more.
Forecast Earnings Growth vs Savings Rate Forecast

ALK revenue growth forecast

How is ALK forecast to perform vs Airlines companies and vs the US market?
Company
5.65%
Industry
19.37%
Market
6.42%
ALK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
ALK's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

ALK vs Airline Stocks

TickerPricePrice TargetUp/downsideConsensus
ALK$44.06$64.50+46.39%Strong Buy
GOL$2.91$6.58+126.22%Buy
CEA$21.37N/AN/ASell
CPA$82.41$108.86+32.09%Strong Buy
ZNH$32.67N/AN/AHold

Alaska Air Group Stock Forecast FAQ

Is Alaska Air Group Stock a good buy in 2022, according to Wall Street analysts?

The consensus among 8 Wall Street analysts covering (NYSE: ALK) stock is to Strong Buy ALK stock.

Out of 8 analysts, 4 (50%) are recommending ALK as a Strong Buy, 3 (37.5%) are recommending ALK as a Buy, 1 (12.5%) are recommending ALK as a Hold, 0 (0%) are recommending ALK as a Sell, and 0 (0%) are recommending ALK as a Strong Sell.

If you're new to stock investing, here's how to buy Alaska Air Group stock.

What is ALK's earnings growth forecast for 2022-2024?

(NYSE: ALK) Alaska Air Group's forecast annual earnings growth rate of 276.49% is forecast to beat the US Airlines industry's average forecast earnings growth rate of 124.8%, and and it is also forecast to beat the US market's average forecast earnings growth rate of 20.2%.

Alaska Air Group's earnings in 2022 is $54,000,000.On average, 8 Wall Street analysts forecast ALK's earnings for 2022 to be $554,281,321, with the lowest ALK earnings forecast at $507,351,324, and the highest ALK earnings forecast at $612,626,724. On average, 8 Wall Street analysts forecast ALK's earnings for 2023 to be $710,291,854, with the lowest ALK earnings forecast at $310,752,686, and the highest ALK earnings forecast at $887,864,817.

In 2024, ALK is forecast to generate $960,162,381 in earnings, with the lowest earnings forecast at $761,026,986 and the highest earnings forecast at $1,099,683,995.

What is ALK's revenue growth forecast for 2022-2024?

(NYSE: ALK) Alaska Air Group's forecast annual revenue growth rate of 5.65% is not forecast to beat the US Airlines industry's average forecast revenue growth rate of 19.37%, and while it is not forecast to beat the US market's average forecast revenue growth rate of 6.42%.

Alaska Air Group's revenue in 2022 is $9,066,000,000.On average, 6 Wall Street analysts forecast ALK's revenue for 2022 to be $1,221,599,883,738, with the lowest ALK revenue forecast at $1,211,721,119,271, and the highest ALK revenue forecast at $1,232,224,454,652. On average, 6 Wall Street analysts forecast ALK's revenue for 2023 to be $1,256,223,694,331, with the lowest ALK revenue forecast at $1,086,344,460,084, and the highest ALK revenue forecast at $1,393,212,610,622.

In 2024, ALK is forecast to generate $1,379,424,704,203 in revenue, with the lowest revenue forecast at $1,287,911,335,974 and the highest revenue forecast at $1,500,382,206,520.

What is ALK's forecast return on assets (ROA) for 2022-2024?

(NYSE: ALK) forecast ROA is 6.61%, which is lower than the forecast US Airlines industry average of 16.21%.

What is ALK's Price Target?

According to 8 Wall Street analysts that have issued a 1 year ALK price target, the average ALK price target is $64.50, with the highest ALK stock price forecast at $103.00 and the lowest ALK stock price forecast at $45.00.

On average, Wall Street analysts predict that Alaska Air Group's share price could reach $64.50 by Dec 5, 2023. The average Alaska Air Group stock price prediction forecasts a potential upside of 46.39% from the current ALK share price of $44.06.

What is ALK's Earnings Per Share (EPS) forecast for 2022-2024?

(NYSE: ALK) Alaska Air Group's current Earnings Per Share (EPS) is $0.41. On average, analysts forecast that ALK's EPS will be $4.37 for 2022, with the lowest EPS forecast at $4.00, and the highest EPS forecast at $4.83. On average, analysts forecast that ALK's EPS will be $5.60 for 2023, with the lowest EPS forecast at $2.45, and the highest EPS forecast at $7.00. In 2024, ALK's EPS is forecast to hit $7.57 (min: $6.00, max: $8.67).

What is ALK's forecast return on equity (ROE) for 2022-2024?

(NYSE: ALK) forecast ROE is 25.1%, which is considered strong.
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