5 Best Airline Stocks to Buy According to Reddit

4. SkyWest, Inc. (NASDAQ:SKYW)

Number of Hedge Fund Holders: 41

SkyWest, Inc. (NASDAQ:SKYW) is one of the best airline stocks to buy according to Reddit. Citi cut the price target on SkyWest, Inc. (NASDAQ:SKYW) to $95 from $101 on April 30, reaffirming a Neutral rating on the shares. The company also received a rating update from TD Cowen on April 27, with the firm lowering the price target on the stock to $98 from $106 while maintaining a Buy rating on the shares. The firm updated its model after the company released its fiscal Q1 2026 results, with the management’s latest outlook and revised numbers coming in lower based on higher fuel expenses in its pro-rate flying, as well as due to a reduced block hour production outlook.

In its financial and operating results for fiscal Q1 2026, SkyWest, Inc. (NASDAQ:SKYW) reported pre-tax income of $108 million, net income of $102 million, or $2.50 per diluted share. The company’s net income for the quarter included a discrete income tax benefit of $12 million, or $0.29 per diluted share, compared to Q1 2025.

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