Raymond James has upgraded SkyWest Inc (SKYW) to a Strong Buy rating from its previous Outperform stance. This change, effective September 30, 2025, reflects a more optimistic outlook on the airline's future prospects.
Headquartered in St. George, Utah, SkyWest Inc operates as a holding company providing scheduled passenger services across the United States, Canada, Mexico, and the Caribbean. With a market capitalization of $3.9 billion and a P/E ratio of 9.52, the company employs 12,876 full-time staff and maintains a fleet of approximately 500 aircraft.
The upgrade suggests improved fundamentals or a strengthened business performance, signaling increased confidence in the company's strategic direction. The upcoming earnings report on July 22, 2026, is anticipated to yield an EPS estimate of $2.96 and revenue of $1.1 billion, following a series of positive surprises in recent quarters.
Analyst ratings, while providing valuable insights, represent professional opinions based on various assumptions and financial models. Investors should consider these ratings alongside company fundamentals, competitive positioning, and broader industry trends. As analyst perspectives can shift with new information, they should be regarded as one of multiple inputs in the investment decision-making process.