Alaska Air Group, Inc. (ALK) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$40.51
Price Target
$67.00
Target Range
$54.00 — $77.00
Analyst Rating
Buy
Forward P/E—
Trailing P/E46.6x
Forward PEG—
Implied Growth-181.5%
Median Target$70.00
Analyst Spread34.3%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$54
+33.3%
Consensus
$67
+65.4%
Bull Case
$77
+90.1%
ALK Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Alaska Air Group, Inc. (ALK) has a Wall Street consensus price target of $67.00, based on estimates from 28 covering analysts. With the stock currently trading at $40.51, this represents a potential upside of +65.4%. The company has a market capitalization of $4.64B.
Analyst price targets range from a low of $54.00 to a high of $77.00, representing a 34% spread in expectations. The median target of $70.00 aligns closely with the consensus average.
The current analyst consensus rating is Buy, with 23 analysts rating the stock as a Buy or Strong Buy,5 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, ALK trades at a trailing P/E of 46.6x. Analysts expect EPS to grow -181.5% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+33.3%
Avg Forward P/E839.0x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 DALDelta Air Lines, Inc. | $47.9B | $73.32 | $82.45 | +12.5% | Buy | 13.6x | 44 |
 UALUnited Airlines Holdings, Inc. | $32.5B | $100.03 | $136.10 | +36.1% | Buy | 10.7x | 47 |
 AALAmerican Airlines Group Inc. | $8.5B | $12.94 | $15.90 | +22.9% | Buy | — | 37 |
 LUVSouthwest Airlines Co. | $20.4B | $41.50 | $49.89 | +20.2% | Hold | 15.6x | 45 |
 JBLUJetBlue Airways Corporation | $1.9B | $5.04 | $6.17 | +22.4% | Hold | — | 36 |
 ULCCFrontier Group Holdings, Inc. | $1.1B | $4.78 | $6.67 | +39.5% | Hold | — | 13 |
 MESAMesa Air Group, Inc. | $879M | $21.00 | — | — | Hold | 30.9x | 6 |
 SKYWSkyWest, Inc. | $3.5B | $87.82 | $122.00 | +38.9% | Buy | 8.0x | 17 |
 ACHRArcher Aviation Inc. | $4.8B | $6.41 | $12.33 | +92.4% | Buy | — | 9 |
 BAThe Boeing Company | $181.3B | $229.93 | $263.67 | +14.7% | Buy | 4955.4x | 54 |
Upside Potential Comparison
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Start ComparisonALK — Frequently Asked Questions
Quick answers to the most common questions about buying ALK stock.
What is the ALK stock price target for 2026?
The consensus Wall Street price target for ALK is $67, representing 65.4% upside from the current price of $40.51. With 28 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is ALK a buy, sell, or hold?
ALK has a consensus rating of "Buy" based on 28 Wall Street analysts. The rating breakdown is predominantly bullish, with 23 Buy/Strong Buy ratings. The consensus 12-month price target of $67 implies 65.4% upside from current levels.
Is ALK stock overvalued or undervalued?
ALK's current price is $40.51 with a consensus target of $67 (65.4% implied move). Analyst estimates suggest the stock is undervalued at current levels.
How high can ALK stock go?
The most bullish Wall Street analyst has a price target of $77 for ALK, while the most conservative target is $54. The consensus of $67 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover ALK stock?
ALK is heavily covered by Wall Street, with 28 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 23 have Buy ratings, 5 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ALK stock forecast?
The 12-month ALK stock forecast based on 28 Wall Street analysts shows a consensus price target of $67, with estimates ranging from $54 (bear case) to $77 (bull case). The median consensus rating is "Buy".
Should I buy ALK stock?
Wall Street analysts are very optimistic on ALK, with a "Buy" consensus rating and $67 price target (65.4% upside). 23 of 28 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ALK price targets vary so much?
ALK analyst price targets range from $54 to $77, a 34% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $67 consensus represents the middle ground.