12 Most Undervalued Travel Stocks To Buy According To Hedge Funds

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10. SkyWest, Inc. (NASDAQ:SKYW)

Number of Hedge Fund Holders: 36

SkyWest, Inc. (NASDAQ:SKYW) is one of the most undervalued travel stocks to buy according to hedge funds. SkyWest, Inc. (NASDAQ:SKYW) received a rating update from Evercore ISI on January 30, which reiterated a Buy rating on the stock with a price target of $130.00.

The rating update came after SkyWest, Inc. (NASDAQ:SKYW) reported financial and operating results for fiscal Q4 2025 on January 29. Net income for the quarter was $91 million, or $2.21 per diluted share, compared to $97 million, or $2.34 per diluted share, in the prior year period. Net income for the full year 2025 was $428 million, or $10.35 per diluted share, up from $323 million, or $7.77 per diluted share, for 2024. Net income for 2025 thus experienced a 33% growth from 2024, reflecting year-over-year block hour growth of 15%.

SkyWest, Inc. (NASDAQ:SKYW) also reported that it took delivery of five new E175 aircraft in the quarter under a previously announced agreement with United Airlines, and that it reached a multi-year contract extension with United for 40 E175 aircraft in January 2026.  SkyWest, Inc. (NASDAQ:SKYW) also reached a multi-year contract extension with Delta Air Lines for 13 E175 aircraft in January 2026.

SkyWest, Inc. (NASDAQ:SKYW) provides scheduled passenger services in the United States of America, Mexico, Canada, and the Caribbean. The company’s operations are divided into the SkyWest Airlines and SWC, and SkyWest Leasing segments.

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