SkyWest, Inc. (SKYW) Price Target Analysis
Updated Jun 18, 2026
Analyst Rating: Buy
Based on 17 analysts31.7% Below Target
SKYW trades 31.7% below Wall Street's consensus target of $122.00.
Current Price$92.63
Average Target$122.00
Low$122.00
Median$122.00
High$122.00
Analyst Target Range
Forward P/E8.5x
(Value)
PEG Ratio—
Implied Growth+3.2%
(Low)
Analyst Spread0.0%
(High Agreement)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes SKYW achieves its forward estimates and maintains a stable P/E multiple of 8.5x. This scenario reflects the blended consensus of 17 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
SKYW Price Target Analysis
Updated June 22, 2026As of June 22, 2026, SkyWest, Inc. (SKYW) has a Wall Street consensus price target of $122.00, based on estimates from 17 covering analysts. With the stock currently trading at $92.63, this represents a potential upside of +31.7%. The company has a market capitalization of $3.72B.
Analyst price targets range from a low of $122.00 to a high of $122.00, representing a 0% spread in expectations. The median target of $122.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 11 analysts rating the stock as a Buy or Strong Buy,6 rating it Hold, and 0 rating it Sell or Strong Sell. The positive sentiment balance indicates moderate optimism about the stock prospects.
From a valuation perspective, SKYW trades at a trailing P/E of 8.9x and forward P/E of 8.5x. Analysts expect EPS to grow +3.2% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $72.30, with bear and bull scenarios of $45.55 and $95.26 respectively. Model confidence stands at 48/100, suggesting limited visibility into future performance.
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
+7.2%
Industry Consensus
Avg Forward P/E
21.9x
(Fair)
Peers with Coverage
9 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 MESAMesa Air Group, Inc. | $879M | $21.00 | — | — | Hold | 30.9x | 6 |
 ULCCFrontier Group Holdings, Inc. | $1.7B | $7.22 | $6.00 | -16.9% | Hold | — | 13 |
 ALKAlaska Air Group, Inc. | $5.6B | $49.26 | $63.50 | +28.9% | Buy | — | 28 |
 SNCYSun Country Airlines Holdings, Inc. | $876M | $16.17 | $21.00 | +29.9% | Buy | 20.5x | 11 |
 UALUnited Airlines Holdings, Inc. | $38.4B | $118.32 | $139.67 | +18.0% | Buy | 12.6x | 47 |
 DALDelta Air Lines, Inc. | $55.0B | $84.18 | $86.90 | +3.2% | Buy | 15.4x | 44 |
 AALAmerican Airlines Group Inc. | $10.6B | $15.99 | $17.25 | +7.9% | Buy | — | 37 |
 BAThe Boeing Company | $175.6B | $222.72 | $281.56 | +26.4% | Buy | — | 54 |
 ERJEmbraer S.A. | $12.0B | $65.43 | $40.04 | -38.8% | Buy | 4.4x | 21 |
 GEGE Aerospace | $373.7B | $357.64 | $380.14 | +6.3% | Buy | 47.4x | 34 |
SKYW — Frequently Asked Questions
Quick answers to the most common questions about buying SKYW stock.
What is the SKYW stock price target for 2026?
The consensus Wall Street price target for SKYW is $122, representing 31.7% upside from the current price of $92.63. With 17 analysts covering the stock, this strong upside suggests significant value not yet reflected in today's share price.
Is SKYW a buy, sell, or hold?
SKYW has a consensus rating of "Buy" based on 17 Wall Street analysts. The rating breakdown is predominantly bullish, with 11 Buy/Strong Buy ratings. The consensus 12-month price target of $122 implies 31.7% upside from current levels.
Is SKYW stock overvalued or undervalued?
With a forward P/E of 8.4973x, SKYW trades at a relatively low valuation. The consensus target of $122 implies 31.7% appreciation, suggesting meaningful undervaluation.
How high can SKYW stock go?
The most bullish Wall Street analyst has a price target of $122 for SKYW, while the most conservative target is $122. The consensus of $122 represents the median expectation. Our quantitative valuation model projects a bull case target of $95 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover SKYW stock?
SKYW is well covered by analysts, with 17 analysts providing price targets and ratings. Of these, 1 have Strong Buy ratings, 10 have Buy ratings, 6 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 SKYW stock forecast?
The 12-month SKYW stock forecast based on 17 Wall Street analysts shows a consensus price target of $122, with estimates ranging from $122 (bear case) to $122 (bull case). The median consensus rating is "Buy". Our proprietary valuation model produces a base case fair value of $72, with bear/bull scenarios of $46/$95.
What is SKYW's fair value based on fundamentals?
Our quantitative valuation model calculates SKYW's fair value at $72 (base case), with a bear case of $46 and bull case of $95. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 48/100.
What is SKYW's forward P/E ratio?
SKYW trades at a forward P/E ratio of 8.5x based on next-twelve-months earnings estimates compared to a trailing P/E of 8.9x. The lower forward P/E indicates analysts expect earnings growth. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy SKYW stock?
Wall Street analysts are very optimistic on SKYW, with a "Buy" consensus rating and $122 price target (31.7% upside). 11 of 17 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 SKYW price targets vary so much?
SKYW analyst price targets range from $122 to $122, a 0% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $122 consensus represents the middle ground. Our model's $46-$95 range provides an independent fundamental perspective.
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