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LATAM Airlines Group SA Sponsored ADR ( (LTM) ) just unveiled an update.
On February 9, 2026, LATAM Airlines Group S.A. said a shareholder priced a public secondary offering of 12,000,000 American Depositary Shares at $61.90 per ADS, with J.P. Morgan Securities LLC acting as underwriter. The transaction, expected to close on February 11, 2026 subject to customary conditions, will not raise new capital for LATAM itself, as the company is not selling shares and will receive no proceeds from the deal.
The ADS sale allows an existing investor to reduce its stake and could broaden LATAM’s U.S. shareholder base by increasing the free float of its sponsored ADRs. While neutral for the company’s near-term balance sheet, the move may enhance trading liquidity and visibility in international capital markets for the South American airline group.
The most recent analyst rating on (LTM) stock is a Buy with a $73.00 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.
The score is driven primarily by strong operational/cash-flow performance and a positive outlook from management’s 2026 guidance, reinforced by bullish technical trends. Valuation is supportive with a moderate P/E and ~3% dividend yield. The main offset is elevated balance-sheet leverage, which raises risk if demand, fuel, or FX conditions deteriorate.
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 passenger and cargo airline group in Latin America, operating in domestic markets across Brazil, Chile, Colombia, Ecuador and Peru, and offering international routes to the Caribbean, North America, Europe, Africa and Oceania. The group flies a mixed fleet of Boeing and Airbus aircraft and runs dedicated cargo operations through LATAM Cargo subsidiaries, which operate 20 freighters alongside belly capacity in passenger jets.
Average Trading Volume: 964,824
Technical Sentiment Signal: Buy
Current Market Cap: $18.86B
See more data about LTM stock on TipRanks’ Stock Analysis page.