International Consolidated Airlines Group (otcmkts:icagy) Raised to Buy at the Goldman Sachs Group

Key Highlights

  • International Consolidated Airlines Group (OTCMKTS:ICAGY) was upgraded to a “buy” rating by The Goldman Sachs Group.
  • The company reported strong quarterly earnings of $1.29 per share, exceeding analyst expectations.
  • Multiple analysts have recently revised their ratings on the airline company, including UBS Group, Sanford C. Bernstein, and Morgan Stanley.
  • International Consolidated Airlines Group’s stock price has shown volatility, with a 1-year high of $11.01 and a low of $5.31.

Goldman Sachs Uplifts International Consolidated Airlines Group

The Goldman Sachs Group recently issued an upgrade for International Consolidated Airlines Group (OTCMKTS:ICAGY), moving the stock from a “neutral” rating to a “buy” recommendation. This decision comes after the company reported strong quarterly earnings, posting $1.29 per share, significantly surpassing analyst expectations.

Quarterly Earnings and Stock Performance

In their latest research report, published on Wednesday, October 22, 2025, The Goldman Sachs Group highlighted the airline’s robust financial performance. International Consolidated Airlines Group’s earnings per share (EPS) of $1.29 not only exceeded expectations but also underscored its resilience in a competitive market.

The stock’s performance has been volatile over the past year, with a high point at $11.01 and a low at $5.31. The current market capitalization stands at $24.08 billion as of October 22, 2025, reflecting both investor sentiment and the company’s financial health.

Analyst Ratings on International Consolidated Airlines Group

The upgrade by Goldman Sachs is part of a broader trend in analyst ratings for International Consolidated Airlines Group. Over the past few months, several other major financial institutions have also adjusted their outlooks:

  • UBS Group downgraded the stock from “neutral” to “sell” on Wednesday, August 6, 2025.
  • Sandford C. Bernstein raised its rating from “market perform” to an “outperform” recommendation on Thursday, June 26, 2025.
  • Barclays revised their view from “underweight” to “equal weight” on Monday, August 4, 2025.
  • Zacks Research upgraded the stock to a “strong-buy” rating on Monday, October 6, 2025.
  • Morgan Stanley initiated coverage with an “overweight” rating on Wednesday, October 15, 2025.

According to MarketBeat.com, the average analyst rating for International Consolidated Airlines Group is currently a “Moderate Buy.” This reflects a mix of sentiments among analysts, with one strong buy rating and four buy ratings offset by one hold and one sell rating. The overall moderate buy indicates that the consensus view remains cautiously optimistic about the company’s future prospects.

About International Consolidated Airlines Group

International Consolidated Airlines Group SA, together with its subsidiaries, provides passenger and cargo transportation services across multiple regions. Its operations also extend to aircraft leasing, maintenance, tour operation, air freight, call center management, ground handling, trustee services, retail, IT, finance, procurement, storage and custody, technical assistance, human resources support, and airport infrastructure development.

The company’s diverse portfolio positions it as a significant player in the aviation industry. With its strong financial performance and supportive analyst ratings, International Consolidated Airlines Group is poised for continued growth and stability in the coming months.