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LATAM Airlines Group S.A.SNSE:LTM Stock Report

Market Cap CL$13.0t
Share Price
CL$23.75
CL$33.47
29.0% undervalued intrinsic discount
1Y31.4%
7D11.2%
1D
Portfolio Value
View

LATAM Airlines Group S.A.

SNSE:LTM Stock Report

Market Cap: CL$13.0t

LATAM Airlines Group (LTM) Stock Overview

Provides passenger and cargo air transportation services in Chile, Argentina, Peru, Colombia, Ecuador, Brazil, the United States, other Latin American countries, the Caribbean, Europe, and Oceania. More details

LTM fundamental analysis
Snowflake Score
Valuation5/6
Future Growth3/6
Past Performance5/6
Financial Health3/6
Dividends3/6

LTM Community Fair Values

Create Narrative

See what 29 others think this stock is worth. Follow their fair value or set your own to get alerts.

LATAM Airlines Group S.A. Competitors

Price History & Performance

Summary of share price highs, lows and changes for LATAM Airlines Group
Historical stock prices
Current Share PriceCL$23.75
52 Week HighCL$30.00
52 Week LowCL$17.43
Beta0.82
1 Month Change5.70%
3 Month Change-4.89%
1 Year Change31.43%
3 Year Change269.94%
5 Year Change-98.86%
Change since IPO-70.31%

Recent News & Updates

Narrative Update May 17

LTM: Execution On Earnings And Capacity Discipline Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for LATAM Airlines Group to CLP$26.90 from CLP$29.46, reflecting updated assumptions for growth, profitability and future P/E, alongside recent Street research that now views the stock's valuation as more balanced after a strong run. Analyst Commentary Recent Street commentary points to a more balanced view on LATAM Airlines Group, with some bearish analysts flagging that the stock now looks fairly valued after its strong share price performance.
Analysis Article May 08

LATAM Airlines Group S.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

As you might know, LATAM Airlines Group S.A. ( SNSE:LTM ) just kicked off its latest quarterly results with some very...
Narrative Update Apr 27

LTM: Execution On Earnings And Capacity Plans Will Drive Future Upside

Analysts now place LATAM Airlines Group's fair value closer to CLP 29.46 from CLP 26.81, reflecting updated views on revenue growth, profit margins, and an adjusted forward P/E. Recent Street research has shifted toward a more balanced risk-reward profile, even with higher CLP price targets.

Recent updates

Narrative Update May 17

LTM: Execution On Earnings And Capacity Discipline Will Support Future Upside Potential

Analysts have trimmed their fair value estimate for LATAM Airlines Group to CLP$26.90 from CLP$29.46, reflecting updated assumptions for growth, profitability and future P/E, alongside recent Street research that now views the stock's valuation as more balanced after a strong run. Analyst Commentary Recent Street commentary points to a more balanced view on LATAM Airlines Group, with some bearish analysts flagging that the stock now looks fairly valued after its strong share price performance.
Analysis Article May 08

LATAM Airlines Group S.A. Just Beat Earnings Expectations: Here's What Analysts Think Will Happen Next

As you might know, LATAM Airlines Group S.A. ( SNSE:LTM ) just kicked off its latest quarterly results with some very...
Narrative Update Apr 27

LTM: Execution On Earnings And Capacity Plans Will Drive Future Upside

Analysts now place LATAM Airlines Group's fair value closer to CLP 29.46 from CLP 26.81, reflecting updated views on revenue growth, profit margins, and an adjusted forward P/E. Recent Street research has shifted toward a more balanced risk-reward profile, even with higher CLP price targets.
Narrative Update Apr 13

LTM: Improved Earnings Outlook And Balanced Risk Profile Will Support Upside

Analysts have raised the CLP price target for LATAM Airlines Group to CLP67,000 from CLP56,000. They cite improved earnings expectations, while noting that valuation now appears more balanced after the recent share price move.
Narrative Update Mar 30

LTM: Improved Earnings Execution And Traffic Trends Will Support Recovery

Analysts now see LATAM Airlines Group's fair value price target at CLP 33.474, with modest adjustments to the discount rate, revenue growth, profit margin and future P/E assumptions. These changes reflect research that points to improved earnings expectations, while suggesting a more balanced risk-reward profile after recent share price moves.
Narrative Update Mar 16

LTM: Stronger Revenue Execution And Balanced Risk Reward Will Support Recovery

The analyst price target for LATAM Airlines Group has been raised from CLP$26.74 to CLP$33.47, as analysts factor in stronger revenue growth expectations, a slightly lower discount rate, and updated P/E assumptions. At the same time, recent downgrades highlight a more balanced risk-reward profile following the stock's strong run.
Narrative Update Mar 02

LTM: Mixed Research Views Will Shape Returns As Fairness Concerns Intensify

Analysts have made a small upward revision to their CLP price target for LATAM Airlines Group. This reflects updated assumptions for revenue growth, margins, discount rate, and future P/E, which leave the stock looking closer to fairly valued after recent performance and mixed rating changes from major research houses.
Narrative Update Feb 16

LTM: Mixed Research Views Will Shape Returns As Margins And P E Rebalance

The updated analyst price target for LATAM Airlines Group now points to CLP26.61 from CLP27.62, as analysts weigh higher assumed revenue growth and a richer future P/E of 14.31x against more conservative profit margin assumptions and mixed recent research calls. Analyst Commentary Recent Street research on LATAM Airlines Group shows a split view, with some Bearish analysts highlighting risks even as others adjust price targets upward.
Analysis Article Feb 06

Earnings Beat: LATAM Airlines Group S.A. Just Beat Analyst Forecasts, And Analysts Have Been Updating Their Models

The yearly results for LATAM Airlines Group S.A. ( SNSE:LTM ) were released last week, making it a good time to revisit...
Narrative Update Feb 02

LTM: Stronger Quarter And Updated Guidance Will Support Higher Earnings Multiple

Analysts have raised their price target on LATAM Airlines Group to US$60 from US$55, citing a stronger than expected quarter as the key driver of the revised view. Analyst Commentary Bullish analysts are pointing to the recent price target increase to US$60 from US$55 as a sign of growing confidence in LATAM Airlines Group following what they describe as a stronger than expected quarter.
Analysis Article Jan 24

LATAM Airlines Group (SNSE:LTM) Could Become A Multi-Bagger

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Ideally, a business will...
Narrative Update Jan 19

LTM: Strong Quarter And Higher Margins Will Support Rerated Earnings Multiple

Analysts have raised their price target on LATAM Airlines Group. One firm lifted its target to $60 from $55 after a stronger than expected quarter, aligning with updated assumptions that include a fair value of 32.23 and a projected P/E of 13.08x supported by higher expected profit margins and a slightly lower discount rate.
Narrative Update Jan 04

LTM: Earnings Momentum And Dividend Will Drive Further Upside

Analysts have raised their price target on LATAM Airlines Group to $60 from $55, citing stronger than expected quarterly performance and a modest improvement in long-term profitability assumptions, despite slightly lower projected revenue growth. Analyst Commentary While the latest price target increase underscores growing confidence in LATAM Airlines Group's earnings trajectory, not all market commentary is uniformly optimistic.
Analysis Article Dec 24

Is There An Opportunity With LATAM Airlines Group S.A.'s (SNSE:LTM) 27% Undervaluation?

Key Insights LATAM Airlines Group's estimated fair value is CL$33.83 based on 2 Stage Free Cash Flow to Equity LATAM...
Narrative Update Dec 16

LTM: Dividend And Fleet Expansion Will Support Bullish Earnings Outlook

Analysts have raised their price target for LATAM Airlines Group significantly, from approximately $19.33 to about $27.62, citing stronger than expected recent results and modest improvements in projected revenue growth, profit margins, and valuation multiples. Analyst Commentary Recent research updates underline a widening gap between bullish expectations on LATAM Airlines Group and a more cautious undertone emerging across parts of the market.
Narrative Update Dec 02

LTM: Stronger Quarterly Execution Will Support Recovery Amid Industry Challenges

LATAM Airlines Group's analyst price target has increased from $55 to $60. This change reflects a positive outlook, as analysts cite the company's stronger than expected quarterly performance in their revised estimate.
Analysis Article Nov 24

LATAM Airlines Group's (SNSE:LTM) Solid Earnings Are Supported By Other Strong Factors

Even though LATAM Airlines Group S.A.'s ( SNSE:LTM ) recent earnings release was robust, the market didn't seem to...
Narrative Update Nov 18

LTM: Profit Margins And Cost Control Will Drive Resilience Amid Uncertainty

Analysts have lowered their price target for LATAM Airlines Group from $26.30 to $25.57 per share. They cited updated discount rates and modestly improved profit margin expectations as key factors in the revision.
Analysis Article Nov 18

When Should You Buy LATAM Airlines Group S.A. (SNSE:LTM)?

LATAM Airlines Group S.A. ( SNSE:LTM ) received a lot of attention from a substantial price movement on the SNSE over...
Narrative Update Oct 31

LTM: Expanding Fleet Will Drive Recovery In Regional Air Connectivity

The analyst price target for LATAM Airlines Group was raised modestly from $25.85 to $26.30. Analysts cite slightly improved projections for revenue growth, profit margin, and discount rate in their updated outlook.
Analysis Article Oct 27

Investors Holding Back On LATAM Airlines Group S.A. (SNSE:LTM)

It's not a stretch to say that LATAM Airlines Group S.A.'s ( SNSE:LTM ) price-to-earnings (or "P/E") ratio of 11.4x...
Narrative Update Oct 17

Digitalization And Fleet Modernization Will Support Latin America Air Travel

Narrative Update: LATAM Airlines Group Sees Slight Reduction in Analyst Price Target Analysts have modestly lowered their price target for LATAM Airlines Group, adjusting it from $26.27 to $25.85. They cited a slightly increased discount rate and updated financial projections as reasons for the change.
Narrative Update Oct 03

Digitalization And Fleet Modernization Will Support Latin America Air Travel

LATAM Airlines Group's analyst price target has increased from $24.86 to $26.27 as analysts cite adjustments in fair value modeling and refined discount rates to reflect evolving market conditions. What's in the News LATAM Airlines Group and its affiliates announced a major fleet expansion, ordering up to 74 Embraer E195-E2 aircraft.
Analysis Article Sep 14

LATAM Airlines Group S.A. (SNSE:LTM) Shares Could Be 30% Below Their Intrinsic Value Estimate

Key Insights LATAM Airlines Group's estimated fair value is CL$32.89 based on 2 Stage Free Cash Flow to Equity Current...
Analysis Article Jul 11

When Should You Buy LATAM Airlines Group S.A. (SNSE:LTM)?

Let's talk about the popular LATAM Airlines Group S.A. ( SNSE:LTM ). The company's shares saw a significant share price...
User avatar
New Narrative Jan 24

Cost Efficiency And Debt Refinancing Will Unlock Future Potential In The Airline Industry

Strategic focus on financial discipline and cost efficiency suggests potential improvements in net margins and stable earnings growth.

Shareholder Returns

LTMCL AirlinesCL Market
7D11.2%6.3%2.5%
1Y31.4%9.3%17.5%

Return vs Industry: LTM exceeded the CL Airlines industry which returned 8.3% over the past year.

Return vs Market: LTM exceeded the CL Market which returned 15.7% over the past year.

Price Volatility

Is LTM's price volatile compared to industry and market?
LTM volatility
LTM Average Weekly Movement7.1%
Airlines Industry Average Movement6.5%
Market Average Movement3.1%
10% most volatile stocks in CL Market5.6%
10% least volatile stocks in CL Market1.0%

Stable Share Price: LTM's share price has been volatile over the past 3 months compared to the CL market.

Volatility Over Time: LTM's weekly volatility (7%) has been stable over the past year, but is still higher than 75% of CL stocks.

About the Company

FoundedEmployeesCEOWebsite
192942,082Roberto Alvo Milosawlewitschwww.ir.latam.com

LATAM Airlines Group S.A., together with its subsidiaries, provides passenger and cargo air transportation services in Chile, Argentina, Peru, Colombia, Ecuador, Brazil, the United States, other Latin American countries, the Caribbean, Europe, and Oceania. As of December 31, 2024, the company provides passenger transport services to 160 destinations in 27 countries; and operated 371 fleet of aircraft. The company was formerly known as LAN Airlines S.A. and changed its name to LATAM Airlines Group S.A. in June 2012.

LATAM Airlines Group S.A. Fundamentals Summary

How do LATAM Airlines Group's earnings and revenue compare to its market cap?
LTM fundamental statistics
Market capCL$12.97t
Earnings (TTM)CL$1.50t
Revenue (TTM)CL$13.42t
9.1x
P/E Ratio
1.0x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
LTM income statement (TTM)
RevenueUS$15.00b
Cost of RevenueUS$10.51b
Gross ProfitUS$4.49b
Other ExpensesUS$2.81b
EarningsUS$1.68b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)0.0029
Gross Margin29.93%
Net Profit Margin11.21%
Debt/Equity Ratio192.4%

How did LTM perform over the long term?

See historical performance and comparison

Dividends

2.6%
Current Dividend Yield
57%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/25 15:56
End of Day Share Price 2026/05/25 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

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.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* 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

LATAM Airlines Group S.A. is covered by 25 analysts. 9 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Pablo Monsivais MendozaBarclays
Pablo Monsivais MendozaBarclays
Murilo FreibergerBofA Global Research