SKYW Stock Summary and Trading Ideas (Skywest | NASDAQ:SKYW)

SkyWest Inc offers commercial air services in the United States, Canada, Mexico, and the Caribbean. Additionally, it leases aircraft to capable users to help generate revenue. Generally, SkyWest provides regional flights, and utilizes its smaller, lower-cost aircraft to carry passengers that booked tickets through airlines. It partners with carriers across the world to fly and operate aircraft for a fee. SkyWest may use the carriers's brand and ground support to coordinate marketing and easily transport passengers. The company has two reportable segments: SkyWest Airlines, which generates maximum revenue, and SkyWest Leasing.

Skywest trades on the NASDAQ stock market under the symbol SKYW.

As of January 5, 2026, SKYW stock price climbed to $103.51 with 237,609 million shares trading.

SKYW has a beta of 1.04, meaning it tends to be more sensitive to market movements. SKYW has a correlation of 0.28 to the broad based SPY ETF.

SKYW has a market cap of $4.18 billion. This is considered a Mid Cap stock.

Last quarter Skywest reported $1 billion in Revenue and $2.81 earnings per share. This beat revenue expectation by $28 million and exceeded earnings estimates by $.25.

In the last 3 years, SKYW traded as high as $135.57 and as low as $16.59.

The top ETF exchange traded funds that SKYW belongs to (by Net Assets): IJR, AVUV, VTI, IWM, VB.

SKYW has underperformed the market in the last year with a price return of -0.2% while the SPY ETF gained +17.4%. However, in the short term, SKYW had mixed performance relative to the market. It has outperformed in the last 3 months, returning +3.5% vs +3.1% return in SPY. But in the last 2 weeks, SKYW shares have been beat by the market, returning -0.9% compared to an SPY return of +0.4%.

SKYW support price is $99.32 and resistance is $103.08 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that SKYW shares will trade within this expected range on the day.