B+
Bull case
25%
Probability
Target price
$59.00
Analysis reference price unavailable
Analysis 2026-10-02 · RankAlpha Sentiment Codex
LTM
LATAM Airlines GroupANYSE / Transportation
Last Price
Quote time unavailable
Current thesis
Q2 revenue rose 27.6% year over year, passenger unit revenue rose 17.5%, and management raised 2026 adjusted EBITDA guidance despite fuel pressure. Sustained yields and profitable Brazil route expansion could support upside.
Posture
Constructive
Lead driver
Value
What changed
Value remains the lead driver in the composite, 7D delta +0.4.
What can break
August capacity growth exceeded traffic growth, lowering passenger load factor by 1.8 percentage points year over year. [#6K-2026-09-08]
Momentum
38
Value
69
Sentiment
59
Setup hits (3d)
0 · Net Neutral
AI TargetsBase $49.00 · Bull $59.00 · Bear $37.00Analysis 2026-10-02; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-23 • Vendor: Data Vendor v1
Scores
As of 2026-10-23 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-02 • Model: RankAlpha Sentiment Codex
Investment thesisAs of 2026-10-23
Investment thesis
As of 2026-10-23
Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-23. Definitions
Supporting evidence
What
Grade A · Constructive
Confidence Medium · Net Neutral
Target $71.97
Why
Momentum38 · Δ7d -15.0
Value69 · Δ7d +0.4
Sentiment59 · Δ7d +3.1
So what
Strength-led posture (Net Neutral). Favor watchlist adds and disciplined entries.
Confirming evidence
- • Value remains the lead driver in the composite, 7D delta +0.4.
Contradictions & invalidation
- • August capacity growth exceeded traffic growth, lowering passenger load factor by 1.8 percentage points year over year. [#6K-2026-09-08]
- • E195-E2 route economics and timing remain execution risks. [#6K-2026-08-04]
- • Q2 adjusted operating margin fell 7.5 percentage points year over year, while August traffic growth lagged capacity growth.
Catalyst clock
2026-10-31
Passenger load-factor trend
Lead driver: Value · See fundamentals
Momentum
38
8% active weight
Current posture
7d trendSoftening
Δ7d
-15.0
Δ21d
-23.4
Value
69
47% active weight
Current posture
7d trendFlat
Δ7d
+0.4
Δ21d
-0.3
Sentiment
59
45% active weight
Current posture
7d trendImproving
Δ7d
+3.1
Δ21d
-3.0
Why this grade
Composite grade A. Momentum 38.2 / Value 68.7 / Sentiment 59.1
Scenario snapshot
Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-02. Scenario method
Most likely
B
Base case
45%
Probability
Target price
$49.00
Analysis reference price unavailable
Analysis 2026-10-02 · RankAlpha Sentiment Codex
B-
Bear case
30%
Probability
Target price
$37.00
Analysis reference price unavailable
Analysis 2026-10-02 · RankAlpha Sentiment Codex
Fundamentals (TTM)As of 2026-10-23
Fundamentals (TTM)
As of 2026-10-23
Market Cap
$13.35B
Beta
-0.98
Shares Out
287.11M
P/E (TTM)
13.4
P/S (TTM)
1.17
P/FCF (TTM)
12.47
Rev YoY
+26.7%
EPS YoY
-45.2%
Gross Margin
+26.4%
Op Margin
+15.2%
Net Debt
$5.93B
Current Ratio
0.66
As of 2026-10-23 • Updated nightlySource: Internal modelMethods & Data