Alaska Air Group (NYSE:ALK – Get Free Report) will likely be posting its Q3 2026 results after the market closes on Tuesday, October 20th. Analysts expect the company 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 are encouraged to explore the company’s upcoming Q3 2026 earnings report 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 earnings results on Tuesday, July 21st. The transportation company reported ($0.92) EPS for the quarter, topping the consensus estimate of ($0.99) by $0.07. Alaska Air Group had a negative net margin of 1.19% and a negative return on equity of 3.11%. The business had revenue of $4.07 billion for the quarter, compared to the consensus estimate of $4.09 billion. During the same period last year, the company earned $1.42 EPS. The firm’s revenue 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 Trading Down 3.8%
ALK opened at $35.11 on Friday. The company has a debt-to-equity ratio of 1.58, a current ratio of 0.55 and a quick ratio of 0.51. Alaska Air Group has a fifty-two week low of $33.03 and a fifty-two week high of $60.63. The company’s 50 day moving average price is $41.05 and its two-hundred day moving average price is $43.20. The firm has a market capitalization of $3.91 billion, a price-to-earnings ratio of -22.36 and a beta of 1.33.
Analyst Upgrades and Downgrades
A number of brokerages have recently commented on ALK. Susquehanna cut their price target on shares of Alaska Air Group from $55.00 to $50.00 and set a “positive” rating on the stock in a report on Wednesday, October 7th. Raymond James Financial reissued an “outperform” rating on shares of Alaska Air Group in a research note on Friday, September 25th. Barclays set a $52.00 price objective on Alaska Air Group and gave the company an “overweight” rating in a report on Friday, September 11th. UBS Group restated a “buy” rating and issued a $51.00 price objective (down from $54.00) on shares of Alaska Air Group in a report on Friday. Finally, JPMorgan Chase & Co. lowered their target price on Alaska Air Group from $94.00 to $92.00 and set an “overweight” rating for the company in a research report on Friday, July 24th. Ten research analysts have rated the stock with a Buy rating, one has given a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat, the stock presently has an average rating of “Moderate Buy” and an average target price of $57.38.
Read Our Latest Analysis on ALK
Insider Activity at Alaska Air Group
In other news, CEO Benito Minicucci acquired 25,000 shares of the firm’s stock in a transaction dated Thursday, August 20th. The stock was purchased at an average price of $40.06 per share, for a total transaction of $1,001,500.00. Following the completion of the acquisition, the chief executive officer directly owned 256,582 shares in the company, valued at $10,278,674.92. The trade was a 10.80% increase in their position. The purchase was disclosed in a document filed with the SEC, which can be accessed through this link. Also, EVP Andrew Harrison sold 5,300 shares of Alaska Air Group stock in a transaction 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 completion of the sale, the executive vice president directly owned 25,528 shares of the company’s stock, valued at approximately $1,267,975.76. The trade was a 17.19% decrease in their position. The SEC filing for this sale provides additional information. 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.
Read More
- Five stocks we like better than Alaska Air Group
- Rocket Lab’s Neutron Delay Leaves Wall Street Bullish But Raises the Stakes for 2027
- ManpowerGroup Stock Sinks on Q3 Results, But Fundamentals Stay Solid
- Does the AI Selloff Put Alphabet’s Breakout in Doubt?
- Bank Earnings Are Mixed—These 2 ETFs Offer Very Different Paths to a Recovery
Receive News & Ratings for Alaska Air Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Alaska Air Group and related companies with MarketBeat.com's FREE daily email newsletter.
