LATAM Airlines Group S.A. LTM

NYSE | Industrials | Airlines
Follow LATAM Airlines Group S.A. free Follow free

Email when the signal or risk changes · Sunday weekly brief

No card · No time limit on free tier · Upgrade when you need more

Updated: 4 Nov 2026 Base analysis: 28 Jul 2026

The news check keeps the assessment current.

General analysis — not personal advice.

BUY Clear

A full position may be justified at current valuation given cash flow and buyback support.

Strong revenue growth, solid liquidity and credit upgrade support the add signal despite temporary margin pressure from fuel.

Market sentiment Positive ↑
Trend: Improving

The market reacts positively to traffic growth and credit upgrade but shows some caution around fuel costs and margin pressure.

Risk assessment Medium
Dilution: Low Strong cash position and focus on buybacks rather than issuance
Jurisdiction: Medium Operations in Brazil, Chile and Peru with political and FX volatility
Execution: Low Proven operational discipline post-Chapter 11 exit

BUY is the call. Positive is the market mood. Medium risk means some things can go wrong.

Latest change
  • 4 Nov 2026 — Results show revenue growth but lowered EBITDA guidance driven by higher fuel costs.

The full analysis is open. Follow the company free for the full change history — and email next time the picture changes.

Show all changes (2) — follow the company free
About the company

LATAM Airlines Group is Latin America's largest airline group with passenger and cargo operations in Chile, Brazil, Colombia, Ecuador and Peru plus international routes. The company has recovered strongly after its 2022 Chapter 11 restructuring and reports profitability with growing capacity.

Sector: Airlines
Type: Industrial
Next report (Q4)
28 Feb 2027
Catalysts
◐
Dec 2026
H2 fleet deliveries Medium
Bull case

Raised revenue guidance and strong demand in premium and cargo segments support profitable growth.

Bear case

Higher fuel prices and lower hedge coverage may continue to pressure margins in coming quarters.

Why this signal

Strong revenue growth, solid liquidity and credit upgrade support the add signal despite temporary margin pressure from fuel.

Recent news
  • LATAM published Q3 2026 results on November 3 with revenue of USD 4.57 billion, up 18.4% YoY, but adjusted EBITDA guidance was lowered to USD 3.9–4.05 billion due to higher fuel costs. The stock fell after the report.

Key figures

Revenue
Q3 2026
USD 4.6B
Revenue TTM
TTM
USD 15.0B
EBITDA
Q3 2026
USD 1.1B
Net income
Q3 2026
USD 0.4B
Cash
Q3 2026
USD 2.9B
Total debt
as_of
USD 9.2B
Gross margin
Q1 2026
31.3%
Shares outstanding
Q1 2026
287M
EPS
Q3 2026
USD 1.54
Exchange
NYSE
Type
Industrials
Sector
Airlines
LATAM Airlines Group S.A. LTM
LATAM Airlines Group S.A. — this picture changes. Follow free
Follow LATAM Airlines Group S.A. free Follow free
Firelda provides general information and analysis, not personal investment advice. Content does not consider your financial situation or goals. Investments can rise and fall in value. Always do your own research.