Alaska Air Group stock falls 3.75 percent, 42.10 percent below its high
Published on 10/17/2026 at 21:21 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst view and dates
- UBS lowered its Alaska Air Group target from USD 54.00 to USD 51.00 on October 16, 2026.
- Alaska Air Group is scheduled to report third-quarter results after the market closes on October 20, 2026.
- Alaska Air Group stock closed at USD 35.13 on October 16, 2026, down 3.75 percent from USD 36.50.
- Market capitalization was USD 3.9 billion on October 16, 2026, while the 52-week range was USD 33.03 to USD 60.63.
UBS lowered its Alaska Air Group price target from USD 54.00 to USD 51.00 on October 16, 2026, while keeping a Buy rating, according to Markets Insider. The revised target stood 45.17 percent above Alaska Air Group's USD 35.13 closing price on the NYSE on October 16, 2026. The stock had fallen 3.75 percent from its USD 36.50 prior close.
UBS target moves lower
The target reduction gives investors a dated benchmark ahead of Alaska Air Group's third-quarter report. UBS analyst Atul Maheswari cited limited near-term upside in airline sentiment, macroeconomic conditions and fuel-cost concerns in the note carried by Markets Insider.
What comes before results
Alaska Air Group is scheduled to file its third-quarter results and outlook after the market closes on October 20, 2026, with the conference call set for October 21, 2026, according to the company's release dated October 7, 2026, published by Alaska Air Group.
Price sits near yearly low
Alaska Air Group closed at USD 35.13 on October 16, 2026, within a 52-week range of USD 33.03 to USD 60.63. The close was 42.10 percent below the yearly high and 6.36 percent above the yearly low. Year to date, the stock was down 30.20 percent, while trading volume reached 4,056,868 shares against an average of 2,821,223.
Valuation and reporting date
Market capitalization stood at USD 3.9 billion on October 16, 2026. The trailing price-to-earnings ratio was not meaningful because the company had a negative trailing earnings figure, while the next scheduled reporting date was October 20, 2026.
Comparison with peers
Alaska Air Group (NYSE, USD): minus 3.75 percent, market capitalization USD 3.9 billion
Delta Air Lines (NYSE, USD): minus 3.47 percent, P/E 15.04, market capitalization USD 49.6 billion
United Airlines Holdings (NASDAQ, USD): minus 5.14 percent, P/E 8.99, market capitalization USD 31.2 billion
Trading snapshot
The October 16, 2026 decline placed Alaska Air Group closer to its yearly low than its yearly high, while the upcoming results date provides the next scheduled valuation point for the stock.
Alaska Air Group stock facts
- Company: Alaska Air Group, Inc.
- ISIN: US0116591092
- Ticker: ALK
- Primary exchange: NYSE
- Price NYSE (as of October 16, 2026, 4:00 p.m. ET): USD 35.13
- Change versus prior close: minus 3.75 percent
- Market capitalization: USD 3.9 billion (as of October 16, 2026)
- 52-week range: USD 33.03-USD 60.63 (as of October 16, 2026)
- Sector / Industry: Consumer Discretionary / Air Freight and Delivery Services
- Next earnings date: October 20, 2026
Market context: Market report S&P 500.
