Alaska Air Group, Inc. (ALK) Stock Forecast Nov. 6, 2026
Analysis updated on Nov. 6, 2026 (UTC) · Alpha · vs marketSwitch to Total · NYSE
Alaska Air Group, Inc. (ALK) stock forecast summary
Our AI scores Alaska Air Group, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
Alaska Air Group, Inc. is a mid-cap company with a market capitalization of $4.35B. It ranks number 8 by market capitalization among the 13 Air Transportation, Scheduled issuers in our coverage with a current forecast.
For ALK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 16.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
Expected return relative to the market over the horizon: a positive alpha means the model expects the stock to beat the market, whatever the market does. Ratings: strong buy ≥ +3.1%, buy ≥ +1.5%, sell < -0.5%, strong sell < -1.8% (top 15%, next 20%, middle 30%, next 20%, bottom 15% of the 2026-11-06 signals)
A free account shows the exact forecast, rating and rank of 3 tickers you follow, ALK included.
ALK price chart and AI forecast
How ALK ranks among 5150 stocks
90D Alpha forecasts of every company scored, cut into five relative ratings at the 15th, 35th, 65th and 85th percentiles (dashed lines).
Alaska Air Group, Inc. (ALK) fundamentals
Trailing twelve months. The industry median and the rank (1 = highest) are taken over the Air Transportation, Scheduled peers listed below that report each metric.
Valuation & Market
| Metric | ALK | Rank |
|---|---|---|
| Market Cap | $4.35B | 8/13 |
| P/B Ratio | 1.23x | 7/8 |
| EPS | $-3.48 | – |
| Book Value/Share | $31.63 | – |
| Revenue/Share | $137.14 | – |
Profitability & Margins
| Metric | ALK | Rank |
|---|---|---|
| ROE | -11.2% | 4/6 |
| ROA | -1.9% | 4/6 |
| ROIC | -2.1% | 6/7 |
| Operating Margin | -1.9% | 8/9 |
| Net Margin | -2.6% | 4/5 |
| EBT Margin | -3.2% | 8/9 |
| Tax Rate | 18.2% | – |
Financial Health
| Metric | ALK | Rank |
|---|---|---|
| Current Ratio | 0.46x | 10/11 |
| Quick Ratio | 0.42x | – |
| D/E Ratio | 4.96x | 3/10 |
| Financial Leverage | 5.96x | 3/8 |
| Interest Coverage | 1.1x | 3/7 |
| Working Capital | -$4.10B | 7/11 |
Cash Flow
| Metric | ALK | Rank |
|---|---|---|
| Operating Cash Flow | $940M | 6/9 |
| OCF Growth YoY | -29.8% | 5/6 |
Operational Efficiency
| Metric | ALK | Rank |
|---|---|---|
| Asset Turnover | 0.73x | 5/7 |
| Receivables Turnover | 23.3x | 6/7 |
| Fixed Assets Turnover | 1.2x | 7/9 |
| Days Sales Outstanding | 16 days | 2/7 |
Income Statement
| Metric | ALK | Rank |
|---|---|---|
| Total Revenue | $15.30B | 6/9 |
| Operating Income | -$290M | 8/9 |
| Net Income | -$395M | 5/6 |
Dividend & Shareholder Information
| Metric | ALK | Rank |
|---|---|---|
| Shares Outstanding | 112M | – |
| Net Income Growth | -363.3% | – |
| EPS Growth | -287.1% | 5/5 |
Balance Sheet Highlights (USD millions)
| Total Current Assets | $3.44B | 16.4% of assets |
| Cash & Short-term Investments | $835M | 4.0% of assets |
| Accounts Receivable | $656M | 3.1% of assets |
| Inventory | $249M | 1.2% of assets |
| Total Liabilities | $17.50B | 83.2% of assets |
| Short-term Debt | $7.10B | 33.8% of assets |
ALK quarterly financials and insider trading
Alaska Air Group, Inc. (ALK) industry peers
Companies classified under the same SEC industry code as Alaska Air Group, Inc. (Air Transportation, Scheduled): 13 common-stock issuers with a forecast this week, one row per issuer, largest first. This is a classification match, not a curated list of competitors.
Reveal all forecasts · See exact % predictions for all competitors
Sign up free| Company | 90-Day AI Forecast (Alpha) | Market Cap |
|---|---|---|
| ALK Alaska Air Group, Inc. | $4.35B | |
| DAL Delta Air Lines, Inc. | $57.37B | |
| UAL United Airlines Holdings, Inc. | $36.63B | |
| RYAAY Ryanair Holdings Plc | $30.55B | |
| LUV Southwest Airlines Co | $21.76B | |
| LTM Latam Airlines Group S.A. | $13.69B | |
| AAL American Airlines Group Inc. | $8.72B | |
| CPA Copa Holdings, S.A. | $5.87B | |
| ALGT Allegiant Travel Co | $2.51B | |
| ULCC Frontier Group Holdings, Inc. | $1.71B | |
| RJET Republic Airways Holdings Inc. | $942M | |
| AZUL Azul Sa | $806M | |
| FJET Starfighters Space, Inc. | $45M |
Where ALK sits on the market map
Alaska Air Group, Inc. (ALK) stock news
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Alaska Air Group, Inc. (ALK) stock forecast FAQ
What is the Alaska Air Group, Inc. (ALK) stock forecast?
Our AI scores Alaska Air Group, Inc. every trading day against every stock it covers. Create a free account and follow it to see its rating and price target.
How accurate are Alaska Air Group, Inc. stock predictions?
For ALK, the Spearman rank correlation between our 90-day forecasts and the returns that followed is 16.0%, measured on 357 forecast dates between 2022-08-19 and 2026-08-07 on this stock's own recent history. A rank correlation runs from -100% to +100%: it measures whether higher forecasts were followed by higher returns, and a value near zero or below means the model has shown little skill on this stock. On the 30-day forecasts the same correlation is 3.0%, measured on 400 forecast dates between 2022-08-19 and 2026-10-07. Across our coverage, the out-of-sample test on 4629 stocks from 2025-01-06 to 2026-08-04 produced a positive net return in 92.9% of rebalance periods (factor-neutral book, net of estimated costs). Full backtest report
How often are Alaska Air Group, Inc. forecasts updated?
Alaska Air Group, Inc. forecasts are refreshed on trading days as the daily model run completes. The forecast on this page was produced on Nov. 6, 2026.
Which companies are Alaska Air Group, Inc.'s industry peers?
13 issuers in our coverage, ALK included, share the SEC industry code Air Transportation, Scheduled. The largest are: Delta Air Lines, Inc. (DAL), United Airlines Holdings, Inc. (UAL), Ryanair Holdings Plc (RYAAY), Southwest Airlines Co (LUV), Latam Airlines Group S.A. (LTM), American Airlines Group Inc. (AAL).
This analysis is generated automatically using our proprietary AI systems and should not be considered personalized investment advice. Past performance does not guarantee future results. Always conduct your own research and consider consulting a financial advisor before making investment decisions.