Alaska Air (ALK)

• Market cap: $8.64B
• 1 day: -6.87%
• 5 days: -3.72%
• 1 month: 1.89%
• 3 months: 34.19%
• 6 months: 100.57%
• Year to date: 9.14%
• 1 year: 79.12%
• 5 years: 7.26%
• 10 years: 9.42%
• Sector: Industrials
• Industry: Air Transportation, Scheduled

About: Alaska Air Group Inc operates two airlines, Alaska and Horizon in three operating segments. The Alaska Airlines segment includes scheduled air transportation on Alaska's Boeing and Airbus jet aircraft for passengers and cargo throughout the U.S., and in parts of Mexico, and Costa Rica. The Regional segment includes Horizon's and other third-party carriers' scheduled air transportation for passengers across a shorter distance network within the U.S. and Canada under capacity purchase agreements (CPA). The Hawaiian Airlines segment includes scheduled air transportation on Hawaiian's Boeing and Airbus aircraft for passengers and cargo. It earns revenues from Passenger tickets, including ticket breakage and net of taxes and fees, Passenger ancillary and Mileage Plan passenger revenue.

Employees: 33,941

Fund manager confidence

Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)

134% more first-time investments, than exits

New positions opened: 110 | Existing positions closed: 47

122% more call options, than puts

Call options by funds: $401M | Put options by funds: $181M

100% more funds holding in top 10

Funds holding in top 10: 6 [Q3] → 12 (+6) [Q4]

45% more capital invested

Capital invested by funds: $4.93B [Q3] → $7.15B (+$2.22B) [Q4]

11% more funds holding

Funds holding: 439 [Q3] → 489 (+50) [Q4]

0.45% more ownership

Funds ownership: 86.63% [Q3] → 87.09% (+0.45%) [Q4]

7% less repeat investments, than reductions

Existing positions increased: 137 | Existing positions reduced: 147

Research analyst outlook

6 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $74 5% upside
• Avg. target: $82 16% upside
• High target: $90 28% upside

6 analyst ratings

• positive: 6 100%
• neutral: 0 0%
• negative: 0 0%

B of A Securities Andrew Didora 88% 1-year accuracy 14 / 16 met price target	14% upside $80	Buy Maintained	17 Jan 2025
Goldman Sachs Catherine O'Brien 75% 1-year accuracy 6 / 8 met price target	13% upside $79	Buy Maintained	14 Jan 2025
UBS Thomas Wadewitz 50% 1-year accuracy 15 / 30 met price target	17% upside $82	Buy Maintained	7 Jan 2025
Citigroup Stephen Trent 83% 1-year accuracy 10 / 12 met price target	5% upside $74	Buy Maintained	16 Dec 2024
JP Morgan Jamie Baker 82% 1-year accuracy 9 / 11 met price target	21% upside $85	Overweight Maintained	11 Dec 2024