Alaska Air Group Stock News

The stock market is likely to continue to rally into January. There may be some weakness from February into March, but 2025 is due to close on the upside.

Alaska Air stock (NYSE: ALK) is up nearly 20% in this month after the company raised its Q4 outlook. Alaska now expects its Q4 earnings to be in the range of $0.40 and $0.50 per share, versus its prior guidance of $0.20 to $0.40.

Daily year-round service will seamlessly connect our guests between the nation's capital and one of our key West Coast hubs SEATTLE , Dec. 17, 2024 /PRNewswire/ -- Alaska Airlines is proud to announce new nonstop service between San Diego International Airport and Ronald Reagan Washington National Airport (DCA), becoming the only airline to offer this direct route and enhance connectivity to th...

NEW YORK, Dec. 17, 2024 (GLOBE NEWSWIRE) -- The State of Alaska, Department of Revenue (DOR), in collaboration with Saige Consulting (“Saige”), is excited to announce a new partnership aimed at modernizing the application process for the Alaska Permanent Fund Dividend. Established in 1976, the Alaska Permanent Fund was created to ensure that future generations would benefit from the state's nat...

A business update was the main news powering Alaska Air (ALK -1.34%) stock to a double-digit gain over the past few trading days. During the week, the carrier's shares rose by just over 15% in price, according to data compiled by S&P Global Market Intelligence.

Analysts are increasingly bullish on airlines going into 2025, with the major U.S. companies fighting to build brand loyalty in a strong demand environment.

US equity averages were little changed on Tuesday as investors waited for the release of inflation data and further economic cues later this week.  At the time of writing, the Dow Jones Industrial Average was steady at 44,427.70 points, while the S&P 500 was at 6,053.44 points.

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 earnin...