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LATAM Airlines Announces Pricing for Secondary ADS Offering

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LATAM Airlines Announces Pricing for Secondary ADS Offering

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LATAM Airlines Group SA Sponsored ADR ( (LTM) ) has issued an announcement.

On September 8, 2025, LATAM Airlines Group S.A. announced the pricing of a public secondary offering by one of its shareholders, involving 7,000,000 American Depositary Shares (ADSs) at $47.60 per ADS. The company will not receive any proceeds from this sale, which is expected to close on September 10, 2025, subject to customary conditions. This offering, underwritten by Goldman Sachs & Co. LLC and Barclays Capital Inc., does not involve the sale of shares by LATAM itself, indicating no immediate impact on the company’s cash flow but potentially affecting shareholder composition.

The most recent analyst rating on (LTM) stock is a Buy with a $55.00 price target. To see the full list of analyst forecasts on LATAM Airlines Group SA Sponsored ADR stock, see the LTM Stock Forecast page.

Spark’s Take on LTM Stock

According to Spark, TipRanks’ AI Analyst, LTM is a Outperform.

LATAM Airlines displays robust financial and technical performance, with strong revenue growth and positive market momentum. The stock is fairly valued, though high leverage presents a risk. Continued focus on debt reduction and industry volatility management is crucial for future stability.

To see Spark’s full report on LTM stock, click here.

More about LATAM Airlines Group SA Sponsored ADR

LATAM Airlines Group S.A. is the leading airline group in Latin America, operating in five domestic markets: Brazil, Chile, Colombia, Ecuador, and Peru, with international operations extending to the Caribbean, North America, Europe, Africa, and Oceania. The group operates a diverse fleet including Boeing and Airbus aircraft and has cargo subsidiaries such as LATAM Cargo Chile, LATAM Cargo Colombia, and LATAM Cargo Brasil, which operate a fleet of 20 freighters.

Average Trading Volume: 1,109,880

Technical Sentiment Signal: Strong Buy

Current Market Cap: $14.47B

For an in-depth examination of LTM stock, go to TipRanks’ Overview page.

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