TD Cowen cuts SkyWest stock target to USD 116
Published on 10/20/2026 at 18:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSAnalyst target and reporting date
- TD Cowen lowered its SkyWest target from USD 123.00 to USD 116.00 on October 2, 2026.
- SkyWest will discuss third-quarter 2026 results on October 29, 2026.
- SkyWest stock traded at EUR 82.11 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST.
- SkyWest reported USD 1.10 billion in second-quarter 2026 revenue and USD 101.00 million in GAAP net income.
TD Cowen lowered its price target for SkyWest from USD 123.00 to USD 116.00 on October 2, 2026, while maintaining a Buy rating, according to MarketBeat. SkyWest stock was trading at EUR 82.11 at Lang & Schwarz on October 20, 2026 at 6:33 p.m. CEST.
Revenue reached USD 1.10 billion
SkyWest's second-quarter 2026 revenue totaled USD 1.10 billion, up 7.00 percent from USD 1.00 billion in the second quarter of 2025. The company reported USD 101.00 million of GAAP net income, or USD 2.54 in diluted earnings per share, according to the company's second-quarter earnings call transcript dated July 23, 2026, published by Yahoo Finance.
The same results included USD 864.00 million in contract revenue, USD 201.00 million in prorate and charter revenue, and USD 38.00 million in leasing and other revenue. SkyWest also said it bought back 833,000 shares for USD 75.00 million in the second quarter of 2026.
SkyWest remains below its yearly high
The Nasdaq-listed airline's stock was quoted at USD 92.25 on October 20, 2026 at 4:20 p.m. ET, according to SkyWest. The same quote page listed a 52-week high of USD 117.72 and a 52-week low of USD 77.89. SkyWest's market capitalization was USD 3.6 billion and its price-to-earnings ratio was 9.16 as of October 20, 2026.
Results date brings the next test
SkyWest will host its third-quarter 2026 results call on October 29, 2026, after the market closes. The company announced the date on October 5, 2026, in an investor-relations release. The call is scheduled for 2:30 p.m. Mountain Time, as stated in the release from SkyWest.
The second-quarter transcript said SkyWest expected full-year 2026 GAAP earnings per share to be in the USD 11.00 area, subject to fuel-price volatility. Management also projected 2026 block-hour production 5.00 percent above 2025 and planned 11 new E175 deliveries during the second half of 2026.
Regional airline comparison
Allegiant Travel traded at USD 68.99 on October 20, 2026, up 4.04 percent, with a USD 1.9 billion market capitalization and a 48.58 price-to-earnings ratio. JetBlue traded at USD 3.02, up 3.78 percent, with a USD 1.1 billion market capitalization and a negative 1.24 price-to-earnings ratio.
SkyWest stock and the next results
The analyst target revision and the October 29 reporting date give investors two dated reference points for the next assessment of SkyWest's earnings trajectory. The second-quarter figures show revenue growth, but also a USD 61.00 million prorate fuel expense in the quarter.
The further course of trading is shown by the continuously updated real-time quote of SkyWest stock.
SkyWest stock facts
- Company: SkyWest, Inc.
- ISIN: US8308791024
- Ticker: SKYW
- Primary exchange: Nasdaq
- Price Lang & Schwarz (as of October 20, 2026, 6:33 p.m. CEST): EUR 82.11
- Market capitalization: USD 3.6 billion (as of October 20, 2026)
- 52-week range: USD 77.89-117.72 (as of October 20, 2026)
- Sector / Industry: Industrials / Airlines, Airports & Air Services
- Next earnings date: October 29, 2026
Market context: Market report S&P 500.
