Alaska Airlines Stock Surges 15% On Bullish Outlook
Alaska Airlines' strategic update boosts investor confidence, with the stock rising 14% as the company revises Q4 and FY 2025 guidance upwards. The Accelerate plan aims to regrow margins to 11-13% by 2027, leveraging synergies from the Hawaiian Airlines acquisition and premium cabin retrofits. Multi-year price target for Alaska Airlines is $80.87, indicating 32% upside, factoring in 2026 earnings and expected EBITDA growth of 15% annually.
Why Alaska Air Blasted Higher Today
Shares of Alaska Air Group (ALK 12.72%) rallied as much as 17.9% on Tuesday, before settling into a 13.1% gain as of 12:26 p.m. ET.
Alaska Air Stock Flies High on Boosted Guidance and $1 Billion Share Buyback Program
The company lifted its fiscal 2025 earnings outlook and anticipates ‘unprecedented' growth.
Alaska Airlines CEO on flight expansions and strong earnings results
Ben Minicucci, Alaska Airlines CEO, joins 'Squawk on the Street' to discuss the company's quarterly earnings results, if Alaska is a new global carrier, and much more.
Alaska Air Group Stock Soars on New Strategic Plan, Raised Outlook
Shares of Alaska Air Group (ALK) flew 14% higher Tuesday morning after the Alaska Airlines parent unveiled its strategic plan aimed at creating $1 billion in incremental profit in three years. The carrier also boosted its guidance.
Alaska Air is latest airline to boost guidance on strong holiday travel demand
Alaska Airlines Inc.'s stock was up 1.6% early Tuesday, after the regional carrier joined rivals in raising its fourth-quarter guidance as revenue rose more than expected and costs came down.
Alaska Airlines plans new nonstop flights to Japan, Korea in $1 billion postmerger profit push
Alaska Airlines plans to launch nonstop flights to Tokyo and Seoul from Seattle next year. The carrier closed its acquisition of Hawaiian Airlines in September, which gave it access to wide-body airplanes.
Alaska Airlines flights grounded in a ‘significant disruption' on Cyber Monday
A technology issue at Alaska Airlines resulted in the temporary grounding of flights in Seattle on Monday morning and problems into the afternoon for people trying to book flights on its website, the airline said.The Seattle-based company said in a statement the issue Monday morning resulted in a “significant disruption” to its operation—including delayed flights. The airline said it requested a 40-minute ground stop at Seattle-Tacoma International Airport to clear aircraft congestion.No further details were given about the technology problem, and the reason for the disruptions was unclear.A message on the company's website Monday afternoon said it was experiencing issues with booking flights on the website, through a mobile app and at the contact center.
Alaska Airlines IT issue grounds flights, disrupts Cyber Monday orders
Seattle-based Alaska Airlines is recovering Tuesday after an IT issue grounded flights at its hub airport and stopped passengers from making online bookings.
Alaska Air Gains 46.5% in 3 Months: What Should Investors Do Now?
With ALK's shares are appreciating lately, we assess the current positioning of the stock to determine if it's a good investment choice at this juncture.
Alaska Air Group (ALK) Stock Drops Despite Market Gains: Important Facts to Note
In the latest trading session, Alaska Air Group (ALK) closed at $52.60, marking a -0.15% move from the previous day.
Alaska Airlines Boosts Its Network, Starts Launching New Flights
ALK's efforts to expand its network from the West Coast to top winter destinations are encouraging, buoyed by the upswing in air travel demand.
