International Consolidated Airlines Group (IAG) Stock Overview
Engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally. More details
| Snowflake Score | |
|---|---|
| Valuation | 6/6 |
| Future Growth | 2/6 |
| Past Performance | 4/6 |
| Financial Health | 3/6 |
| Dividends | 2/6 |
IAG Community Fair Values
Create NarrativeSee what 153 others think this stock is worth. Follow their fair value or set your own to get alerts.
Analyst Price Targets
International Consolidated Airlines Group S.A. Competitors
Price History & Performance
| Historical stock prices | |
|---|---|
| Current Share Price | UK£4.34 |
| 52 Week High | UK£4.93 |
| 52 Week Low | UK£3.33 |
| Beta | 1.33 |
| 1 Month Change | -10.05% |
| 3 Month Change | 16.16% |
| 1 Year Change | 16.10% |
| 3 Year Change | 162.91% |
| 5 Year Change | 158.30% |
| Change since IPO | 52.35% |
Recent News & Updates
Narrative Update • Jul 21
IAG: Rising Cash Returns And Higher P/E Assumptions May Unlock Repricing
Analysts have lifted the fair value estimate for International Consolidated Airlines Group to about £6.44 from roughly £6.02, reflecting updated assumptions on revenue growth, profit margins and future P/E that align with a series of recent price target increases on the stock. Analyst Commentary Recent research on International Consolidated Airlines Group points to a cluster of higher price targets, which helps explain why some investors are re‑examining the stock in light of the updated fair value estimate.
Narrative Update • Jul 07
IAG: Dividend Restart And Updated Earnings Assumptions Will Shape Future Returns
The analyst price target for International Consolidated Airlines Group has been raised by approximately £0.23. Analysts point to updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, alongside recent target increases from several brokers, as the main drivers of the change.
Narrative Update • Jun 23
IAG: Diverging Street Views On Execution Risk Will Pressure Repricing
The latest Narrative Update for International Consolidated Airlines Group reflects a modest uplift in the internal fair value estimate to £3.86 per share, with analysts pointing to Street price target moves centered around £5.40 and updated views on revenue growth, profit margins, and forward P/E assumptions as key drivers of the revision. Analyst Commentary Recent Street research on International Consolidated Airlines Group shows a mix of optimism and caution, with some bearish analysts trimming price targets even as others lift their fair value views.Recent updates
Narrative Update • Jul 21
IAG: Rising Cash Returns And Higher P/E Assumptions May Unlock Repricing
Analysts have lifted the fair value estimate for International Consolidated Airlines Group to about £6.44 from roughly £6.02, reflecting updated assumptions on revenue growth, profit margins and future P/E that align with a series of recent price target increases on the stock. Analyst Commentary Recent research on International Consolidated Airlines Group points to a cluster of higher price targets, which helps explain why some investors are re‑examining the stock in light of the updated fair value estimate.Narrative Update • Jul 07
IAG: Dividend Restart And Updated Earnings Assumptions Will Shape Future Returns
The analyst price target for International Consolidated Airlines Group has been raised by approximately £0.23. Analysts point to updated assumptions on fair value, discount rate, revenue growth, profit margin and future P/E, alongside recent target increases from several brokers, as the main drivers of the change.Narrative Update • Jun 23
IAG: Diverging Street Views On Execution Risk Will Pressure Repricing
The latest Narrative Update for International Consolidated Airlines Group reflects a modest uplift in the internal fair value estimate to £3.86 per share, with analysts pointing to Street price target moves centered around £5.40 and updated views on revenue growth, profit margins, and forward P/E assumptions as key drivers of the revision. Analyst Commentary Recent Street research on International Consolidated Airlines Group shows a mix of optimism and caution, with some bearish analysts trimming price targets even as others lift their fair value views.Narrative Update • Jun 09
IAG: Mixed Rating Revisions And Modest Fair Value Shift Will Shape Repricing
The analyst price target for International Consolidated Airlines Group has shifted modestly higher to reflect updated assumptions on a fair value of £3.85, revenue growth, profit margins, and expected future P/E, even as recent Street research has shown mixed moves in individual price targets. Analyst Commentary Recent Street research on International Consolidated Airlines Group shows a mix of price target adjustments, with several bearish analysts trimming their fair value estimates even as others make more supportive tweaks.Narrative Update • May 26
IAG: Dividend And Buyback Plans Will Support Future Repricing Potential
Analysts have slightly lifted the blended price target for International Consolidated Airlines Group, with ongoing revisions in the range of £0.15 to £0.40 per share as they factor in updated fair value estimates, revenue expectations and margin assumptions. Analyst Commentary Recent research on International Consolidated Airlines Group is mixed, but you can see a clear group of bullish analysts who are focusing on valuation support, execution on current plans and potential for revenue growth.Analysis Article • May 11
Earnings Beat: International Consolidated Airlines Group S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models
Investors in International Consolidated Airlines Group S.A. ( LON:IAG ) had a good week, as its shares rose 3.5% to...Narrative Update • May 06
IAG: Dividend Resumption And Mixed Ratings Will Support Future Earnings Profile
The analyst price target for International Consolidated Airlines Group has been reduced by £0.12. This adjustment reflects a series of recent target cuts from several banks as analysts incorporate updated fair value estimates, discount rates, and assumptions related to revenue growth, profit margins, and future P/E levels.Narrative Update • Apr 21
IAG: Dividend Returns And Balance Sheet Repair Will Support Repricing
Analysts have trimmed the average price target for International Consolidated Airlines Group to about £6.10, with recent research citing sector wide target reductions alongside updated assumptions on revenue growth, profit margins, discount rates and future P/E multiples. Analyst Commentary Recent research on International Consolidated Airlines Group shows a cluster of price target revisions that pull the average implied upside closer to £6.10, but the tone is not uniformly cautious.Narrative Update • Apr 07
IAG: Dividend Restart And CFO Transition Will Support Future Earnings Profile
Analysts have trimmed the blended price target for International Consolidated Airlines Group by about £0.04, citing slightly higher discount rate assumptions, a modestly softer profit margin outlook, and updated revenue growth expectations alongside a marginally lower future P/E input. Analyst Commentary Recent Street research on International Consolidated Airlines Group points to a mixed but generally cautious stance on valuation, with several firms revisiting their price targets and ratings to reflect updated assumptions on margins, revenue and risk.Narrative Update • Mar 24
IAG: Dividend Resumption And CFO Succession Will Support Future Shareholder Returns
Analysts have trimmed their blended price target on International Consolidated Airlines Group to about £4.98 from roughly £4.99, reflecting slightly higher assumed discount rates, as well as updated views on revenue growth, profit margins and future P/E. Recent Street research shows a mix of target cuts from Deutsche Bank, RBC and Citi, and an increase from Morgan Stanley, plus a ratings upgrade from Barclays.Narrative Update • Mar 10
IAG: Higher Oil Sensitivity And Management Changes May Constrain Re Rating Potential
International Consolidated Airlines Group's analyst price target has been nudged higher to £4.40. This reflects updated models that factor in revised assumptions on revenue growth, margins and P/E multiples, alongside recent research where analysts highlight potential benefits if fuel costs ease and sentiment toward airline shares improves.Narrative Update • Feb 24
IAG: Higher Fair Value And CFO Succession Will Support Future Shareholder Returns
Analysts have raised their fair value estimate for International Consolidated Airlines Group from approximately £4.73 to around £4.99 per share. This change incorporates updated assumptions, including a slightly lower discount rate, modestly higher revenue growth and profit margin expectations, and a higher future P/E multiple.Narrative Update • Feb 09
IAG: Higher Price Assumptions Will Expose Sensitivity To Execution Risk
Analysts have raised their price target on International Consolidated Airlines Group to £5.00 from £4.75, citing updated assumptions around fair value, discount rate, revenue growth, profit margin and expected future P/E multiples. Analyst Commentary Recent Street research around airlines and other cyclicals shows a mix of optimism and caution, and that split is useful context when you look at International Consolidated Airlines Group.Analysis Article • Feb 04
Is Now An Opportune Moment To Examine International Consolidated Airlines Group S.A. (LON:IAG)?
International Consolidated Airlines Group S.A. ( LON:IAG ) saw a double-digit share price rise of over 10% in the past...Narrative Update • Jan 26
IAG: Higher Multiple Will Test Weaker Margin Assumptions Going Forward
Analysts have nudged their price target on International Consolidated Airlines Group higher, citing a fair value estimate of about 3.63, a slightly lower discount rate of roughly 10.06%, updated assumptions for revenue growth and profit margins, and a higher future P/E of about 8.31 compared with prior inputs. Analyst Commentary Recent research coverage on International Consolidated Airlines Group has included changes to fair value estimates and P/E assumptions, as well as updated views on risk.Analysis Article • Jan 22
Is There An Opportunity With International Consolidated Airlines Group S.A.'s (LON:IAG) 38% Undervaluation?
Key Insights International Consolidated Airlines Group's estimated fair value is UK£6.83 based on 2 Stage Free Cash...Narrative Update • Jan 12
IAG: Heathrow Strength And Capital Returns Will Support Stronger Future Shareholder Returns
Narrative Update Overview The updated analyst price target for International Consolidated Airlines Group moves higher to a range signaled by recent Street research, with targets increasing to £5.00 and £6.20, supported by analysts citing IAG's role as a top pick in European airlines and its dominant position at London Heathrow, alongside modest shifts in fair value estimates, discount rate, revenue growth and profit margin assumptions. Analyst Commentary Recent Street research around International Consolidated Airlines Group has focused on refreshed price targets and the role of the group within the European airline peer set, with views clustering around valuation support and execution risks tied to the broader sector backdrop.Narrative Update • Dec 23
IAG: Heathrow Dominance And Buybacks Will Drive Stronger Future Shareholder Returns
Analysts have nudged their consolidated price target for International Consolidated Airlines Group higher to around GBP 5.00 per share, up from roughly GBP 4.75, citing a modestly lower perceived risk profile, slightly stronger long term profitability, and supportive recent rating and target upgrades from major brokerages. Analyst Commentary Recent research updates on International Consolidated Airlines Group point to a generally constructive stance, with several firms lifting their price targets and highlighting the company as a preferred way to play the European airline recovery.Analysis Article • Dec 10
International Consolidated Airlines Group S.A.'s (LON:IAG) Shares Lagging The Market But So Is The Business
International Consolidated Airlines Group S.A.'s ( LON:IAG ) price-to-earnings (or "P/E") ratio of 6.8x might make it...Narrative Update • Dec 09
IAG: Dominant Heathrow Moat And Buybacks Will Drive Future Upside
Analysts have modestly raised their price targets on International Consolidated Airlines Group, lifting the consensus by about GBP 0.25 per share as they highlight the companys improving fair value, slightly higher future earnings multiples, and strengthened competitive position at London Heathrow, even as long term growth and margin assumptions remain broadly stable. Analyst Commentary Recent research updates on International Consolidated Airlines Group reflect a predominantly constructive stance, with several bullish analysts lifting price targets and reiterating positive ratings as they reassess the group’s earnings power and competitive positioning.Analysis Article • Nov 27
These 4 Measures Indicate That International Consolidated Airlines Group (LON:IAG) Is Using Debt Reasonably Well
David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...Narrative Update • Nov 25
IAG: Dominant Heathrow Position Will Spur Outperformance As Buybacks Continue
Analysts have raised their price target for International Consolidated Airlines Group, with estimates increasing from 475 GBp to as high as 620 GBp. They cite expectations for improved profit margins and steady revenue growth, which support a more favorable outlook for the shares. Analyst Commentary Bullish Takeaways Bullish analysts have increased price targets for International Consolidated Airlines Group, citing improved expectations for future performance.Narrative Update • Nov 10
IAG: Market Position At London Heathrow Will Drive Outperformance This Year
Analysts have slightly increased their price target for International Consolidated Airlines Group, raising it from £4.61 to £4.63 per share. This change is based on improved revenue growth expectations and a stronger strategic position in the European airline sector.Analysis Article • Oct 28
Investors Should Be Encouraged By International Consolidated Airlines Group's (LON:IAG) Returns On Capital
To find a multi-bagger stock, what are the underlying trends we should look for in a business? In a perfect world, we'd...Narrative Update • Oct 27
Fleet Modernization And Share Buybacks Will Drive Future Performance
International Consolidated Airlines Group's analyst price target has been raised significantly from £3.90 to £6.20. Analysts cite improved fair value, profit outlook, and the company’s strong position at London Heathrow as drivers of their more optimistic forecast.Narrative Update • Oct 13
Fleet Modernization And Digital Upgrades Will Transform Operations
Analysts have slightly raised their price target for International Consolidated Airlines Group. The fair value estimate has increased from €4.36 to €4.41, largely reflecting updated views on future earnings and sector outlook.Analysis Article • Oct 10
At UK£4.13, Is It Time To Put International Consolidated Airlines Group S.A. (LON:IAG) On Your Watch List?
Today we're going to take a look at the well-established International Consolidated Airlines Group S.A. ( LON:IAG...Narrative Update • Sep 08
Fleet Modernization And Digital Upgrades Will Transform Operations
Analysts have modestly raised International Consolidated Airlines Group’s price target to £4.36 amid expectations of robust demand, particularly for Iberia, and sector-wide earnings strength, though some caution persists around future profit growth and downside risks. Analyst Commentary Bullish analysts cite structural drivers including slot constraints and robust demand growth, particularly at Iberia, as reasons for optimism on International Consolidated Airlines Group.Analysis Article • Sep 07
Benign Growth For International Consolidated Airlines Group S.A. (LON:IAG) Underpins Its Share Price
With a price-to-earnings (or "P/E") ratio of 6.7x International Consolidated Airlines Group S.A. ( LON:IAG ) may be...Analysis Article • Aug 23
Is International Consolidated Airlines Group (LON:IAG) Using Too Much Debt?
Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...Narrative Update • Aug 07
Fleet Modernization And Digital Upgrades Will Transform Operations
The significant drop in International Consolidated Airlines Group’s forward P/E ratio despite a slight reduction in revenue growth expectations suggests improving earnings prospects or valuation appeal, supporting a marginally higher consensus price target of £4.36. What's in the News Completed repurchase of 161,126,761 shares (3.32% of share capital) for €572 million under the share buyback program.Analysis Article • Aug 05
Results: International Consolidated Airlines Group S.A. Beat Earnings Expectations And Analysts Now Have New Forecasts
LSE:IAG 1 Year Share Price vs Fair Value Explore International Consolidated Airlines Group's Fair Values from the...Analysis Article • Jul 29
International Consolidated Airlines Group (LON:IAG) Is Experiencing Growth In Returns On Capital
What are the early trends we should look for to identify a stock that could multiply in value over the long term...
New Narrative • Nov 12
Skyward Ambitions Amidst Turbulence Efficiency Gains Clash With Competitive Pressures
Focus on expanding core markets and investing in efficient aircraft underpins potential revenue growth and improved margins.Shareholder Returns
| IAG | GB Airlines | GB Market | |
|---|---|---|---|
| 7D | -2.3% | -4.3% | 1.2% |
| 1Y | 16.1% | 5.2% | 17.0% |
Return vs Industry: IAG exceeded the UK Airlines industry which returned 5.2% over the past year.
Return vs Market: IAG matched the UK Market which returned 17% over the past year.
Price Volatility
| IAG volatility | |
|---|---|
| IAG Average Weekly Movement | 5.4% |
| Airlines Industry Average Movement | 5.8% |
| Market Average Movement | 5.1% |
| 10% most volatile stocks in GB Market | 10.4% |
| 10% least volatile stocks in GB Market | 2.7% |
Stable Share Price: IAG has not had significant price volatility in the past 3 months compared to the UK market.
Volatility Over Time: IAG's weekly volatility (5%) has been stable over the past year.
About the Company
| Founded | Employees | CEO | Website |
|---|---|---|---|
| 2009 | 65,203 | Luis Gallego Martin | www.iairgroup.com |
International Consolidated Airlines Group S.A., together with its subsidiaries, engages in the provision of passenger and cargo transportation services in the North Atlantic, Latin America, the Caribbean, Europe, Africa, the Middle East, South Asia, the Asia Pacific, and internationally. It operates through British Airways, Iberia, Vueling, Aer Lingus, and IAG Loyalty segments. The company manufactures, repairs, maintains, overhauls, retrofits, repurposes, upgrades aircraft, and aircraft parts and equipment.
International Consolidated Airlines Group S.A. Fundamentals Summary
| IAG fundamental statistics | |
|---|---|
| Market cap | UK£19.15b |
| Earnings (TTM) | UK£2.96b |
| Revenue (TTM) | UK£28.46b |
6.5x
P/E Ratio0.7x
P/S RatioIs IAG overvalued?
See Fair Value and valuation analysisEarnings & Revenue
| IAG income statement (TTM) | |
|---|---|
| Revenue | €33.35b |
| Cost of Revenue | €20.35b |
| Gross Profit | €13.00b |
| Other Expenses | €9.54b |
| Earnings | €3.47b |
Last Reported Earnings
Mar 31, 2026
Next Earnings Date
Jul 31, 2026
| Earnings per share (EPS) | 0.79 |
| Gross Margin | 38.99% |
| Net Profit Margin | 10.40% |
| Debt/Equity Ratio | 187.9% |
How did IAG perform over the long term?
See historical performance and comparisonDividends
1.9%
Current Dividend Yield14%
Payout RatioCompany Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2026/07/26 11:40 |
| End of Day Share Price | 2026/07/24 00:00 |
| Earnings | 2026/03/31 |
| Annual Earnings | 2025/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
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| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
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| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* Example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.
Analyst Sources
International Consolidated Airlines Group S.A. is covered by 38 analysts. 23 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| Rafael Bonardell Trianes | Banco de Sabadell. S.A. |
| Eduardo González Martín | Banco Santander |
| Andrew Lobbenberg | Barclays |