Space Needle Welcomes New Year with Largest Fireworks Display in North America
Written by Emily J. Thompson, Senior Investment Analyst
Updated: 1h ago
0mins
Source: Newsfilter
- Fireworks Spectacle: The Space Needle's New Year celebration for 2026 featured over 5,000 fireworks launched with 1,500 unique cues, making it the brightest celebration in history, significantly enhancing Seattle's urban image and appeal.
- Rich On-Site Activities: The event included exciting pre-show activities such as live music from the Blue Wave Band and DJ performances, attracting a large audience and fostering community cohesion and engagement.
- Sponsor Support: Alaska Airlines, as the main sponsor, not only provided giveaways at the event but also enhanced the event's visibility through its brand influence, promoting interaction between the brand and consumers.
- Extensive Media Coverage: The event was broadcast live on multiple media outlets including KING, KREM, and KGW, reaching audiences across the Pacific Time Zone, further solidifying the Space Needle's status as Seattle's iconic landmark.
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 70.22 USD with a low forecast of 58.00 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.
9 Analyst Rating
9 Buy
0 Hold
0 Sell
Strong Buy
Current: 50.130
Low
58.00
Averages
70.22
High
94.00
Current: 50.130
Low
58.00
Averages
70.22
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.
