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American Airlines Group Inc

American Airlines Group Inc

AAL
$13.01USD+1.25%+0.16 today

MARKET CAP

8.6B

P/E (TTM)

42.0x

FWD P/E

DAY RANGE

$13 – $13

52W RANGE

$10
$19

AI Summary

Stalk
TrimMedium

AAL remains entrenched in a Stage 4 downtrend with a clear sequence of lower highs and lower lows and price trading below all key EMAs. Momentum is cooling and volume is muted, suggesting supply dominates. Immediate short entries are unfavorable; optimal engagement is to defer selling into intraday rallies up into the 9/20 EMA and 50 SMA zone for rejection.

  • Q2 revenue reached $15.6 B, up 16.3% YoY
  • Premium cabin revenue grew 19% YoY, showing strong demand
  • Q3 EPS guided to a loss of $0.10–0.70 due to >$4 B fuel costs
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The case for & against

Bull & Bear analysis

Bullish

American Airlines Group Inc. (NASDAQ: AAL) is one of the largest airlines globally, providing passenger and cargo services across North America and internationally. The company operates a vast network and is strategically positioned as a premium carrier, focusing on enhancing customer experience and operational efficiency while navigating the complexities of a recovering travel industry.

Bull says

  • Q2 revenue reached $15.6 B, up 16.3% YoY
  • Premium cabin revenue grew 19% YoY, showing strong demand
  • Loyalty enrollments rose over 30% YoY, boosting future revenue
  • Debt cut to ~$34.5 B, lowest since 2015
  • Free cash flow expected above $2 B in 2026
  • Strong earnings yield and high liquidity support resilience

Bear says

  • Q3 EPS guided to a loss of $0.10–0.70 due to >$4 B fuel costs
  • Elevated leverage risk constrains capital deployment and dividends
  • Over 9,000 flight cancellations hurt customer trust and revenue
  • Rising fares risk dampening demand amid consumer price sensitivity
  • Negative dividend yield signals weak shareholder returns
  • Margins vulnerable to fuel cost volatility and external disruptions

Investment themes with AAL

Airlines -0.88%

Commercial airline operators and related services

DAL · AAL · UAL
Logistics -1.52%

UNP · UBER · FDX

Earnings Call · Q2 2025 · Mgmt. Guidance

Updated 08-15-2026neutral

Transcript signals

Bull points

  • American will be the first carrier to really offer satellite-based Wi-Fi across its entire mainline fleet and everything but our 50 seaters from a regional basis.
  • We have a wonderful partnership. with our satellite Wi-Fi being sponsored by AT&T. That offers a tremendous opportunity for both companies to take care of our customers in the way that they want and find ways to serve them even better.
  • We think that that's going to change. We think that's going to be a tailwind for us.

Bear points

  • Third quarter non-fuel unit costs are expected to be up 2.5% to 4.5% year-over-year, driven primarily by the collective bargaining agreements we have ratified over the past two years.
  • Based on our current demand assumptions and fuel price forecast, we expect to produce a third quarter loss per share of between 10 cents and 60 cents.
  • Yeah, we're obviously a ways off of run rate earnings right now.
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