Alaska Air Group (NYSE:ALK – Get Free Report) is expected to be releasing its Q3 2026 results after the market closes on Tuesday, October 20th. Analysts expect Alaska Air Group to announce earnings of $0.3924 per share and revenue of $4.31 billion for the quarter. Alaska Air Group has set its Q3 2026 guidance at 0.000-1.000 EPS. Parties may review the information on the company’s upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, October 21, 2026 at 11:30 AM ET.
Alaska Air Group (NYSE:ALK – Get Free Report) last posted its quarterly earnings data on Tuesday, July 21st. The transportation company reported ($0.92) EPS for the quarter, beating analysts’ consensus estimates of ($0.99) by $0.07. Alaska Air Group had a negative return on equity of 3.11% and a negative net margin of 1.19%. The company had revenue of $4.07 billion during the quarter, compared to analysts’ expectations of $4.09 billion. During the same quarter in the prior year, the business earned $1.42 earnings per share. Alaska Air Group’s revenue for the quarter was up 9.7% compared to the same quarter last year. On average, analysts expect Alaska Air Group to post ($3.26) EPS for the current fiscal year and $3.88 EPS for the next fiscal year.
Alaska Air Group Price Performance
NYSE ALK opened at $35.11 on Monday. Alaska Air Group has a 52 week low of $33.03 and a 52 week high of $60.63. The firm has a market capitalization of $3.91 billion, a P/E ratio of -22.36 and a beta of 1.33. The company has a quick ratio of 0.51, a current ratio of 0.55 and a debt-to-equity ratio of 1.58. The company has a 50-day moving average price of $41.05 and a 200-day moving average price of $43.27.
Wall Street Analyst Weigh In
Several research firms recently weighed in on ALK. JPMorgan Chase & Co. lowered their target price on Alaska Air Group from $94.00 to $92.00 and set an “overweight” rating on the stock in a research report on Friday, July 24th. Cantor Fitzgerald set a $46.00 target price on shares of Alaska Air Group in a report on Monday, August 24th. The Goldman Sachs Group reiterated a “buy” rating and issued a $69.00 price target (up from $58.00) on shares of Alaska Air Group in a research note on Thursday, July 2nd. Wall Street Zen lowered Alaska Air Group from a “sell” rating to a “strong sell” rating in a research note on Monday, October 5th. Finally, Citigroup decreased their price target on Alaska Air Group from $47.00 to $37.00 and set a “sell” rating on the stock in a report on Friday, July 24th. Ten investment analysts have rated the stock with a Buy rating, one has issued a Hold rating and two have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of $57.38.
Get Our Latest Research Report on Alaska Air Group
Insider Activity at Alaska Air Group
In related news, CEO Benito Minicucci acquired 25,000 shares of the business’s stock in a transaction on Thursday, August 20th. The stock was acquired at an average cost of $40.06 per share, with a total value of $1,001,500.00. Following the acquisition, the chief executive officer directly owned 256,582 shares in the company, valued at $10,278,674.92. This represents a 10.80% increase in their position. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, EVP Andrew Harrison sold 5,300 shares of the stock in a transaction that occurred on Monday, August 3rd. The shares were sold at an average price of $49.67, for a total transaction of $263,251.00. Following the sale, the executive vice president directly owned 25,528 shares of the company’s stock, valued at approximately $1,267,975.76. This trade represents a 17.19% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 1.00% of the company’s stock.
Alaska Air Group Company Profile
Alaska Air Group, Inc is an airline holding company headquartered in Seattle, Washington. Its principal subsidiaries are Alaska Airlines and Hawaiian Airlines, which provide scheduled passenger and cargo air transportation, as well as Horizon Air, a regional airline that operates flights for Alaska Airlines. The group also owns McGee Air Services, an aviation services provider.
Alaska Airlines serves destinations across Alaska, the contiguous United States, Canada, Mexico, and other locations in North America.
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