LATAM Airlines Group (ADR) (LTM)
Connects South American domestic markets with global passenger routes, cargo services and loyalty.
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Carries passengers across major South American domestic markets and international routes spanning the Americas, Europe, Oceania and Africa. Passenger transport generates most revenue, while LATAM Cargo and LATAM Pass extend the network into freight and loyalty.
Puts passenger service at the center of a network spanning domestic markets in Brazil, Chile, Colombia, Ecuador and Peru. International routes connect South America with North America, Europe, Oceania and Africa, while LATAM Cargo adds dedicated freighter capacity.
Extends that network through LATAM Pass, ancillary services and LATAM Travel. A common LATAM brand links operating companies spread across national jurisdictions, and a joint venture with Delta connects the South American system with Delta's North American network.
Passenger transport supplies most revenue, with cargo a smaller but material stream. Performance depends on fares, schedule frequency, reliability, airport access, jet-fuel costs, labor relations, cybersecurity and regulation, alongside political, economic and currency conditions across operating countries.
Company facts
Target rangeAs of Sep 22, 2026
Latest analyst notes
| Date | Firm | Action | Prior | Current |
|---|---|---|---|---|
| Jun 18, 2026 | Jefferies | Target | Target: — | Target: $70 |
| May 12, 2026 | Goldman Sachs | Target | Target: $64.10 | Target: $72.60 |
| Mar 26, 2026 | Morgan Stanley | Upgrade | ||
| Mar 17, 2026 | Citigroup | Upgrade | ||
| Feb 20, 2026 | Morgan Stanley | Downgrade | Target: $40 | Target: $67 |
EPSReportedEstimate
RevenueReportedEstimate
Balance sheet, Jun 30, 2026Cash & short-term investments $2.70B · Total debt $9.03B · Total assets $19.65B · Shareholders' equity $2.00B
- Revenue
- $4.12B
- Operating income
- $226.8M
- Net income
- $125.2M
HistoryDividendAnnual yield
| Institutions | ≈ 8.55% | 24.55M ADS | |
|---|---|---|---|
| 173 holders · as of Jun 30, 2026 · largest filers plus last quarter's tail | |||
| Other | ≈ 91.45% | 262.65M ADS | |
| remainder | |||
287.20M ADS as of Aug 21, 2026 · institutions as of Jun 30, 2026 · holders as of their latest filing
Some positions are filed in underlying shares, not receipts; the ratio is unknown, so no percentage.
This quarter's institutional total failed a plausibility check; shown: the largest filers plus last quarter's remainder.
Top shareholders13F · 13D/G · Form 4
| Holder | Stake | Shares | Date |
|---|---|---|---|
Newport Trust CoInstitution | 1.13% | 3.24M ADS | as of Jun 30, 2026 |
Ninety One UK LtdInstitution | 0.63% | 1.81M ADS | as of Jun 30, 2026 |
Morgan StanleyInstitution | 0.61% | 1.74M ADS | as of Jun 30, 2026 |
Robeco Institutional Asset Management B.V.Institution | 0.51% | 1.45M ADS | as of Jun 30, 2026 |
Citadel Advisors LLCInstitution | 0.45% | 1.28M ADS | as of Jun 30, 2026 |
Insider tradesForm 4
Nothing filed in the last 12 months.
- Azul (ADR)
Broad overlap across Brazil's domestic and international markets
- Copa
Panama-hub rival for connecting travel across the Americas
- American Airlines Group
U.S. network rival on South America–North America routes
- United Airlines
U.S. hub competitor on Brazil–North America passenger routes
Compare
| Company | Price | Change | |||||
|---|---|---|---|---|---|---|---|
| LATAM Airlines Group (ADR) | $52.58 | −1.63% | $15.35B | 10.3 | 8.9 | 1.0 | +28.5% |
| Azul (ADR) | $6.53 | −1.36% | $687.9M | 0.6 | — | 0.2 | +6.4% |
| Copa | $132.08 | −2.26% | $5.57B | 8.9 | 7.5 | 1.4 | +25.7% |
| American Airlines Group | $13.44 | −1.29% | $9.01B | — | 12.9 | 0.2 | +16.3% |
| United Airlines | $113.09 | −1.84% | $37.39B | 10.8 | 9.0 | 0.6 | +16.0% |
| Median | 8.9 | 9.0 | 0.4 | +16.1% |