ALK (Alaska Air Group, Inc.) Stock Analysis - News

Alaska Air Group, Inc. (ALK) is a publicly traded Industrials sector company. As of May 20, 2026, ALK trades at $39.77 with a market cap of $4.16B and a P/E ratio of 68.87. ALK moved +9.90% today. Year to date, ALK is -23.32%; over the trailing twelve months it is -23.92%. Its 52-week range spans $33.03 to $78.08. Analyst consensus is strong buy with an average price target of $53.44. Rallies surfaces ALK's financials, insider trades, hedge fund holdings, congressional trades, analyst ratings, and AI-generated research below.

What changed in ALK news today?

Alaska Air Codeshare End with Spirit Removes 200 Weekly Flights, Cuts Throughput 4%: Alaska Air Group ended its Spirit Airlines codeshare on May 1, removing over 200 weekly flight connections across 28 markets. This network reduction is projected to lower May passenger throughput by roughly 4% year-over-year, potentially weighing on unit revenue performance in the quarter.

ALK Key Metrics

Key financial metrics for ALK
MetricValue
Price$39.77
Market Cap$4.16B
P/E Ratio68.87
EPS$0.58
Dividend Yield0.38%
52-Week High$78.08
52-Week Low$33.03
Volume4.50M
Avg Volume0
Revenue (TTM)$14.40B
Net Income$73.00M
Gross Margin0.00%

Latest ALK News

Recent ALK Insider Trades

  • HARRISON ANDREW R sold 5.50K (~$311.49K) on Feb 18, 2026.
  • TACKETT SHANE R sold 24.00K (~$1.37M) on Feb 18, 2026.
  • HARRISON ANDREW R sold 14.50K (~$794.76K) on Feb 13, 2026.

ALK Analyst Consensus

10 analysts cover ALK: 0 strong buy, 9 buy, 0 hold, 1 sell, 0 strong sell. Consensus rating is strong buy. Average price target: $53.44.

Common questions about ALK

What changed in ALK news today?
Alaska Air Codeshare End with Spirit Removes 200 Weekly Flights, Cuts Throughput 4%: Alaska Air Group ended its Spirit Airlines codeshare on May 1, removing over 200 weekly flight connections across 28 markets. This network reduction is projected to lower May passenger throughput by roughly 4% year-over-year, potentially weighing on unit revenue performance in the quarter.
Does Rallies summarize ALK news?
Yes. Rallies summarizes ALK news with ticker-specific context, catalysts, source links, and AI-generated market summaries when news is available.
Is ALK research on Rallies investment advice?
No. Rallies provides research, data, and educational context for ALK. It does not provide personalized investment advice.
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