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NYSE:ALK

Alaska Air Group (ALK)

49.24
-0.02 (0.04%)
as of Jun 18, 2026, 7:59:59 pm Market Open.
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Curated by Michael O'Reilly since 2020.
1550+ opinions with 4.81 rating (one of the best performing expert).

TOP PICK
Stockchase Research Editor: Michael O'Reilly

ALK has estimated the grounding by Boeing of its Max 9 fleet will likely hinder some of its capacity for a while.  For this the market clipped its share price by 20%, but now it is recovering following recently released earnings.  The company is reporting expanding margins in both passenger and cargo.  It trades at only 1.1x book and 13x earnings.  Quarterly cash reserves are growing as debt is retired and shares bought back.  We recommend setting a stop-loss at $31, looking to achieve $51 -- upside potential of 36%.  Yield 0%     

(Analysts’ price target is $51.50)
DON'T BUY

Is leaving the S&P. Shares sank today after taking over Hawaiian Airlines. Not worth chasing this.

BUY
March was their best-ever month for cash sales and project Q2 revenue to be up 5-8% vs. 2019. They expect to return to profitability by year's end. Problem is everyone knows ALK is a strong performer, so it's hard to expect an upside surprise. It trades at a cheap 14x earnings.
BUY
All airlines are seeing tremendous demand and are raising prices to absorb higher fuel costs.
BUY
An inflation-protection trade: Energy is the obvious play. Kinder Morgan is a laggard in energy, though not directly tied to oil prices, but will benefit during this rally. Also likes Cleveland-Cliffs which reports tomorrow. Down from highs, but still very high and lifted by high steel prices. Upside here as the economy expands. Alaska Air. Costs are up, but airline are good at passing on costs to customers. People will come out of hibernation to fly, so demand is up.
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Alaska Air Group (ALK) Frequently Asked Questions

What is Alaska Air Group stock symbol?

Alaska Air Group is a American stock, trading under the symbol ALK (previously ALK-N on Stockchase) on the New York Stock Exchange (ALK). It is usually referred to as NYSE:ALK or ALK

Is Alaska Air Group a buy or a sell?

In the last year, no analyst issued a Buy, Sell, or Hold rating on ALK (previously ALK-N on Stockchase) on Stockchase. Read the latest expert commentary for Alaska Air Group.

Is Alaska Air Group a good investment or a top pick?

Alaska Air Group was recommended as a Top Pick by Jim Lebenthal on 2022-02-10. Read the latest stock experts ratings for Alaska Air Group.

Why is Alaska Air Group stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts' recommendations for Alaska Air Group.

Is Alaska Air Group worth watching?

Alaska Air Group is covered by Stockchase experts and is worth watching.

What is Alaska Air Group stock price?

On 2026-06-18, Alaska Air Group (ALK) stock closed at a price of $49.24.