Alaska Air Group Rated Among 10 Most Undervalued Industrial Stocks with $77 Price Target
Written by Emily J. Thompson, Senior Investment Analyst
Source: Yahoo Finance
- Analyst Rating Boost: On January 20, UBS analyst Atul Maheswari maintained a Buy rating for Alaska Air Group (NYSE:ALK) with a $77 price target, indicating strong market confidence and positive expectations for the airline sector.
- Price Target Increase: Prior to this, Susquehanna raised Alaska Air's price target from $52 to $70 while maintaining a Buy rating, highlighting an optimistic fundamental outlook for the airline industry into fiscal year 2026, suggesting significant potential for the company amid industry recovery.
- Long-Term Expansion Plans: Alaska Air advanced its fleet expansion strategy by ordering 53 additional 737-10 aircraft for delivery between 2032 and 2035, demonstrating its commitment to capacity and fleet growth well into the next decade.
- Diverse Revenue Sources: Analysts noted that Alaska Air and select carriers are well-positioned to benefit from diverse revenue streams and strong brand loyalty, indicating a favorable market position as the airline industry recovers.
Analyst Views on ALK
Wall Street analysts forecast ALK stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ALK is 73.00 USD with a low forecast of 64.00 USD and a high forecast of 94.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
10 Buy
0 Hold
0 Sell
Strong Buy
Current: 48.860
Low
64.00
Averages
73.00
High
94.00
Current: 48.860
Low
64.00
Averages
73.00
High
94.00
About ALK
Alaska Air Group, Inc. is engaged in operating airlines. The Company operates through its subsidiaries Alaska Airlines, Inc., Hawaiian Holdings, Inc., Horizon Air Industries, Inc., and McGee Air Services. The Company's segments include Alaska Airlines, Hawaiian Airlines, and Regional. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing jet aircraft for passengers and cargo. The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus jet aircraft for passengers and cargo. The Regional segment includes Horizon's and other third-party carriers’ scheduled air transportation on E175 jet aircraft for passengers under capacity purchase agreements (CPAs). The Company serves more than 140 destinations throughout North America, Central America, Asia and across the Pacific. The Company provides freight and mail services (cargo) using both freighter aircraft and the bellies of its passenger aircraft.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
