Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Alaska Air ( (ALK) ) just unveiled an announcement.
Alaska Air Group announced that it will provide updated guidance for the fourth quarter in early December, following a comprehensive assessment of the financial impact from recent IT disruptions. The company has decided not to reschedule or host an earnings call for the third quarter, with results disclosed via an SEC filing on October 24.
The most recent analyst rating on (ALK) stock is a Buy with a $80.00 price target. To see the full list of analyst forecasts on Alaska Air stock, see the ALK Stock Forecast page.
Spark’s Take on ALK Stock
According to Spark, TipRanks’ AI Analyst, ALK is a Neutral.
Alaska Air’s overall stock score is driven by strong earnings call performance and strategic growth initiatives, but is tempered by bearish technical indicators and valuation concerns. Financial performance shows potential but is hindered by profitability and cash flow challenges.
To see Spark’s full report on ALK stock, click here.
More about Alaska Air
Alaska Air Group operates in the airline industry, providing air transportation services primarily in the United States. The company focuses on offering passenger and cargo services, with a market emphasis on the West Coast and Alaska regions.
Average Trading Volume: 2,961,223
Technical Sentiment Signal: Sell
Current Market Cap: $4.69B
See more data about ALK stock on TipRanks’ Stock Analysis page.