Alaska Air Group Sees Bullish Stance from Analysts Amid Q4 Earnings Beat

Alaska Air Group (ALK) is considered undervalued by hedge funds. Analysts, including TD Cowen and Morgan Stanley, maintain a bullish stance on the company, citing earnings above expectations and strong Q1/FY26 guidance. Alaska Air Group reported Q4 and full-year 2025 results with reported EPS of $0.18 and adjusted EPS of $0.43, ahead of expectations and guidance. The company achieved a single operating certificate for Hawaiian Airlines and Alaska Airlines.