Should I Buy SKYW? SKYW 2026 Analysis

Should You Buy SkyWest Inc (SKYW) Today? Analysis, Price Targets, and 2026 Outlook.

Conclusion

Hold

Latest Price

101.530

1 Day change

4.15%

52 Week Range

135.570

Analysis Updated At

2026/01/26

SkyWest Inc (SKYW) is not a strong buy for a beginner investor with a long-term strategy and $50,000-$100,000 available for investment. While the company has shown strong financial growth in the latest quarter, the lack of significant positive catalysts, neutral trading sentiment, and absence of strong technical or proprietary trading signals suggest that holding off on this investment is prudent for now.

Technical Analysis

The MACD is positive and expanding, suggesting a bullish trend. RSI is neutral at 54.916, indicating no overbought or oversold conditions. Moving averages are converging, showing no clear directional trend. Key resistance levels are R1: 104.003 and R2: 106.398, while support levels are S1: 96.248 and S2: 93.853. The pre-market price of $101.62 is near the pivot level of 100.126, indicating limited immediate upside potential.

Options Data

Bullish

Open Interest Put-Call Ratio

Bullish

Option Volume Put-Call Ratio

Technical Summary

Sell

Buy

Positive Catalysts

The company reported strong financial performance in Q3 2025, with revenue up 15.04% YoY, net income up 29.71% YoY, and EPS up 30.09% YoY. These indicate robust growth.

Neutral/Negative Catalysts

Gross margin dropped by 4.83% YoY, which could signal potential cost pressures. Analysts have a neutral rating with no immediate upside catalysts, and the stock is expected to decline slightly in the short term (-1.04% in the next day, -0.32% in the next week, -1.58% in the next month). No recent news or significant trading activity from insiders, hedge funds, or Congress.

Financial Performance

In Q3 2025, SkyWest Inc reported revenue of $1.05 billion, up 15.04% YoY. Net income increased to $116.36 million, up 29.71% YoY, and EPS rose to 2.81, up 30.09% YoY. However, gross margin declined to 61.28%, down 4.83% YoY.

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

Citi analyst John Godyn initiated coverage with a Neutral rating and a $112 price target. The analyst sees positive mid-cycle prospects starting in 2026 but does not view SkyWest as a standout performer compared to larger airlines.

4 Analyst Rating

Wall Street analysts forecast SKYW stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for SKYW is 131 USD with a low forecast of 112 USD and a high forecast of 150 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.

3 Buy

1 Hold

0 Sell

Strong Buy

Current: 97.480

Low

112

Averages

131

High

150

Current: 97.480

Low

112

Averages

131

High

150

Citi

John Godyn

Neutral

initiated

$112

AI Analysis

2025-12-04

Reason

Citi

John Godyn

Price Target

$112

AI Analysis

2025-12-04

initiated

Neutral

Reason

Citi analyst John Godyn initiated coverage of SkyWest with a Neutral rating and $112 price target. The firm believes the setup is positive for the airlines with an "elongated mid-cycle" beginning in 2026. Citi sees the largest beneficiaries as being the "supermajors." The large airlines offer the most favorable risk/reward, the analyst tells investors in a research note. On the other side, Citi believes the legacy low-cost carriers will be underperformers through the cycle.

Raymond James

Outperform -> Strong Buy

upgrade

$140

2025-10-01

Reason

Raymond James

Price Target

$140

2025-10-01

upgrade

Outperform -> Strong Buy

Reason

Raymond James upgraded SkyWest to Strong Buy from Outperform with a $140 price target.

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SKYW Should I Buy

SKYW Should I Buy

Should You Buy SkyWest Inc (SKYW) Today? Analysis, Price Targets, and 2026 Outlook.

Technical Analysis

Options Data

Technical Summary

Positive Catalysts

Neutral/Negative Catalysts

Financial Performance

Growth

Profitability

Efficiency

Analyst Ratings and Price Target Trends

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