SkyWest, Inc. (SKYW)
NASDAQ: SKYW · IEX Real-Time Price · USD
76.27
-0.50 (-0.65%)
At close: May 17, 2024, 4:00 PM
76.07
-0.20 (-0.26%)
Pre-market: May 20, 2024, 8:00 AM EDT
SkyWest Stock Forecast
Stock Price Forecast
The 4 analysts with 12-month price forecasts for SkyWest stock have an average target of 62.25, with a low estimate of 46 and a high estimate of 70. The average target predicts a decrease of -18.38% from the current stock price of 76.27.
Analyst Consensus: Buy
* Price targets were last updated on Apr 4, 2024.
Analyst Ratings
The average analyst rating for SkyWest stock from 4 stock analysts is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 1 | 1 | 1 | 1 | 1 | 1 |
| Buy | 1 | 1 | 2 | 2 | 2 | 2 |
| Hold | 1 | 1 | 1 | 1 | 1 | 1 |
| Sell | 0 | 0 | 0 | 0 | 0 | 0 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 0 |
| Total | 4 | 4 | 5 | 5 | 5 | 4 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $60 → $70 | Hold | Maintains | $60 → $70 | -8.22% | Apr 4, 2024 |
| TD Cowen | TD Cowen | Hold → Buy Upgrades $55 → $68 | Hold → Buy | Upgrades | $55 → $68 | -10.84% | Feb 5, 2024 |
| Raymond James | Raymond James | Buy Maintains $55 → $65 | Buy | Maintains | $55 → $65 | -14.78% | Feb 2, 2024 |
| Raymond James | Raymond James | Hold → Buy Upgrades $55 | Hold → Buy | Upgrades | $55 | -27.89% | Aug 31, 2023 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $38 → $45 | Hold | Maintains | $38 → $45 | -41.00% | Aug 28, 2023 |
Financial Forecast
Revenue This Year
3.43B
from 2.94B
Increased by 16.98%
Revenue Next Year
3.70B
from 3.43B
Increased by 7.78%
EPS This Year
6.56
from 0.77
Increased by 751.77%
EPS Next Year
7.61
from 6.56
Increased by 16.06%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 3.6B | 3.9B | 4.0B |
| Avg | 3.4B | 3.7B | 3.9B |
| Low | 3.2B | 3.5B | 3.7B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 22.8% | 12.4% | 8.7% |
| Avg | 17.0% | 7.8% | 5.1% |
| Low | 8.5% | 2.5% | 0.4% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.98 | 8.30 | 9.50 |
| Avg | 6.56 | 7.61 | 8.31 |
| Low | 5.88 | 6.62 | 7.10 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 806.8% | 26.5% | 24.8% |
| Avg | 751.8% | 16.1% | 9.2% |
| Low | 663.6% | 0.9% | -6.7% |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.