SkyWest, Inc. (NASDAQ:SKYW) Stock Has Average Target Price of $113.00

Posted by Brenda Bartman on Oct 13th, 2026

Shares of SkyWest, Inc. (NASDAQ:SKYW – Get Free Report) have been given a consensus recommendation of “Hold” by the five analysts that are currently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1 year price objective among brokers that have covered the stock in the last year is $113.00.

A number of research firms have commented on SKYW. Citigroup lifted their target price on SkyWest from $95.00 to $105.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Cantor Fitzgerald set a $116.00 price target on SkyWest in a report on Friday, October 2nd. Weiss Ratings raised SkyWest from a “hold (c)” rating to a “hold (c+)” rating in a research report on Thursday, July 16th. TD Cowen dropped their price objective on SkyWest from $123.00 to $116.00 and set a “buy” rating on the stock in a research report on Friday, October 2nd. Finally, The Goldman Sachs Group downgraded SkyWest from a “buy” rating to a “neutral” rating and reduced their price objective for the stock from $126.00 to $115.00 in a report on Thursday, July 2nd.

Check Out Our Latest Stock Analysis on SkyWest

Insider Activity at SkyWest

In other news, CFO Robert Simmons sold 25,000 shares of the firm’s stock in a transaction dated Wednesday, July 29th. The shares were sold at an average price of $110.49, for a total transaction of $2,762,250.00. Following the sale, the chief financial officer owned 93,902 shares of the company’s stock, valued at $10,375,231.98. This trade represents a 21.03% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, VP Greg Wooley sold 17,726 shares of SkyWest stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $108.55, for a total transaction of $1,924,157.30. Following the completion of the sale, the vice president owned 53,323 shares of the company’s stock, valued at $5,788,211.65. This represents a 24.95% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 115,226 shares of company stock worth $12,855,192 over the last quarter. 1.50% of the stock is currently owned by insiders.

Institutional Investors Weigh In On SkyWest

Institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Summit Global Investments bought a new position in SkyWest in the second quarter worth approximately $1,172,000. Empowered Funds LLC bought a new stake in shares of SkyWest during the 2nd quarter valued at $1,127,000. VIRGINIA RETIREMENT SYSTEMS ET Al bought a new stake in shares of SkyWest during the 2nd quarter valued at $1,738,000. Bank of America Corp DE bought a new stake in shares of SkyWest during the 2nd quarter valued at $24,254,000. Finally, The Manufacturers Life Insurance Company purchased a new stake in shares of SkyWest in the 2nd quarter worth $1,944,000. Hedge funds and other institutional investors own 81.30% of the company’s stock.

SkyWest Trading Down 1.6%

NASDAQ:SKYW opened at $95.02 on Tuesday. The stock has a market cap of $3.69 billion, a price-to-earnings ratio of 9.45, a PEG ratio of 1.40 and a beta of 1.47. The company has a quick ratio of 0.46, a current ratio of 0.57 and a debt-to-equity ratio of 0.59. The company’s 50 day moving average price is $100.55 and its 200-day moving average price is $95.32. SkyWest has a 52 week low of $77.89 and a 52 week high of $117.72.

SkyWest (NASDAQ:SKYW – Get Free Report) last announced its quarterly earnings data on Thursday, July 23rd. The transportation company reported $2.54 earnings per share for the quarter, missing analysts’ consensus estimates of $2.70 by ($0.16). The firm had revenue of $1.10 billion during the quarter, compared to analysts’ expectations of $1.11 billion. SkyWest had a return on equity of 14.58% and a net margin of 9.78%. SkyWest’s revenue was up 6.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned $2.91 earnings per share. On average, equities research analysts forecast that SkyWest will post 10.58 earnings per share for the current fiscal year.

SkyWest declared that its board has initiated a stock buyback plan on Thursday, July 23rd that authorizes the company to buy back $250.00 million in outstanding shares. This buyback authorization authorizes the transportation company to purchase up to 6.6% of its stock through open market purchases. Stock buyback plans are generally a sign that the company’s board believes its stock is undervalued.

SkyWest Company Profile

(Get Free Report)

SkyWest, Inc is a regional airline holding company headquartered in St. George, Utah. Its principal subsidiary, SkyWest Airlines, provides scheduled passenger air service on behalf of major U.S. airlines through capacity purchase and codeshare agreements.

SkyWest Airlines operates flights under the United Express, Delta Connection, American Eagle and Alaska Airlines brands. Its services connect smaller and midsize communities with larger hub airports across the United States, with additional service to destinations in Canada and Mexico.