Morgan Stanley Issues Positive Forecast for American Airlines Group (NASDAQ:AAL) Stock Price

American Airlines Group (NASDAQ:AAL) had its target price boosted by equities researchers at Morgan Stanley from $20.00 to $24.00 in a report released on Monday,Benzinga reports. The firm presently has an “overweight” rating on the airline’s stock. Morgan Stanley’s price target points to a potential upside of 63.93% from the stock’s current price.

Several other research analysts have also issued reports on AAL. UBS Group raised their price target on American Airlines Group from $16.00 to $18.00 and gave the stock a “buy” rating in a research report on Tuesday, May 26th. Wall Street Zen raised American Airlines Group from a “sell” rating to a “hold” rating in a research note on Saturday, April 25th. TD Cowen dropped their price objective on American Airlines Group from $17.00 to $13.00 and set a “buy” rating on the stock in a research note on Monday, March 9th. Raymond James Financial reaffirmed a “market perform” rating on shares of American Airlines Group in a research note on Monday, February 2nd. Finally, Weiss Ratings reaffirmed a “sell (d+)” rating on shares of American Airlines Group in a research note on Friday, March 27th. Eight research analysts have rated the stock with a Buy rating, nine have assigned a Hold rating and two have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Hold” and a consensus target price of $15.53.

American Airlines Group Price Performance

NASDAQ:AAL opened at $14.64 on Monday. American Airlines Group has a 12-month low of $10.09 and a 12-month high of $16.50. The firm has a market capitalization of $9.68 billion, a P/E ratio of 47.23 and a beta of 1.35. The stock’s fifty day simple moving average is $12.06 and its 200-day simple moving average is $13.33.

American Airlines Group (NASDAQ:AAL) last posted its quarterly earnings results on Thursday, April 23rd. The airline reported ($0.40) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.45) by $0.05. American Airlines Group had a negative return on equity of 9.11% and a net margin of 0.36%.The business had revenue of $13.91 billion for the quarter, compared to analyst estimates of $16.13 billion. During the same period last year, the company earned ($0.59) EPS. The firm’s revenue was up 10.8% on a year-over-year basis. American Airlines Group has set its FY 2026 guidance at -0.400-1.100 EPS and its Q2 2026 guidance at -0.200-0.200 EPS. As a group, equities research analysts expect that American Airlines Group will post -0.07 earnings per share for the current year.

Institutional Trading of American Airlines Group

Several hedge funds and other institutional investors have recently modified their holdings of the company. EverSource Wealth Advisors LLC raised its stake in shares of American Airlines Group by 21.8% in the 4th quarter. EverSource Wealth Advisors LLC now owns 4,276 shares of the airline’s stock valued at $66,000 after purchasing an additional 766 shares during the period. Arizona State Retirement System raised its stake in shares of American Airlines Group by 1.7% in the 3rd quarter. Arizona State Retirement System now owns 48,781 shares of the airline’s stock valued at $548,000 after purchasing an additional 811 shares during the period. NewEdge Advisors LLC raised its stake in shares of American Airlines Group by 6.6% in the 2nd quarter. NewEdge Advisors LLC now owns 13,251 shares of the airline’s stock valued at $149,000 after purchasing an additional 823 shares during the period. HB Wealth Management LLC raised its stake in shares of American Airlines Group by 4.5% in the 1st quarter. HB Wealth Management LLC now owns 20,205 shares of the airline’s stock valued at $217,000 after purchasing an additional 871 shares during the period. Finally, Root Financial Partners LLC raised its stake in shares of American Airlines Group by 33.1% in the 1st quarter. Root Financial Partners LLC now owns 3,816 shares of the airline’s stock valued at $41,000 after purchasing an additional 949 shares during the period. Institutional investors and hedge funds own 52.44% of the company’s stock.

About American Airlines Group

American Airlines Group Inc is a leading global airline holding company headquartered in Fort Worth, Texas. Formed in December 2013 through the merger of AMR Corporation (parent of American Airlines) and US Airways Group, the company operates one of the world’s largest passenger and cargo networks. Its subsidiaries include American Airlines, which provides mainline service, and American Eagle, a network of regional carriers operating short- and medium-haul routes on behalf of the mainline carrier.

The company offers scheduled air transportation for passengers and cargo to more than 350 destinations in over 50 countries.