Analyst Andrew Didora of Bank of America Securities maintained a Buy rating on Alaska Air, retaining the price target of $60.00.
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Andrew Didora’s rating is based on Alaska Air’s strong performance in the second quarter of 2025, where the company surpassed earnings expectations with an EPS of $1.78, compared to the anticipated $1.54. This positive result was driven by key operating metrics, including unit revenues and costs, as well as fuel efficiency. Despite a lower-than-expected third-quarter outlook due to increased unit costs and a recent tech outage, the overall revenue trend remains promising.
Looking ahead, Didora anticipates revenue acceleration in the fourth quarter, supported by potential synergies from the Hawaiian transaction and reduced competitive capacity in key markets. The company’s strategic initiatives, such as stock buybacks and network growth plans, also contribute to the positive outlook. These factors combined justify the Buy rating, with a price objective set at $60.00, reflecting confidence in Alaska Air’s ability to navigate current challenges and capitalize on future opportunities.
In another report released yesterday, Seaport Global also reiterated a Buy rating on the stock with a $66.00 price target.