Allegiant Travel (NASDAQ:ALGT) Issues FY 2026 Earnings Guidance

Allegiant Travel (NASDAQ:ALGT) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of 8.000- for the period, compared to the consensus estimate of 7.270. The company issued revenue guidance of -. Allegiant Travel also updated its Q1 2026 guidance to 2.500-3.500 EPS.

Wall Street Analyst Weigh In

A number of analysts recently issued reports on the company. Bank of America raised Allegiant Travel from an “underperform” rating to a “neutral” rating and increased their price objective for the stock from $55.00 to $95.00 in a report on Tuesday, January 6th. Deutsche Bank Aktiengesellschaft upgraded Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research report on Friday, December 12th. UBS Group raised their price objective on shares of Allegiant Travel from $90.00 to $102.00 and gave the company a “neutral” rating in a research report on Thursday. Evercore ISI boosted their price objective on shares of Allegiant Travel from $120.00 to $125.00 and gave the company an “outperform” rating in a research note on Thursday. Finally, Morgan Stanley increased their target price on shares of Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a research note on Thursday. Four analysts have rated the stock with a Buy rating, eight have assigned a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the stock presently has a consensus rating of “Hold” and a consensus price target of $99.27.

Allegiant Travel Stock Performance

NASDAQ ALGT opened at $99.42 on Friday. Allegiant Travel has a 52-week low of $39.80 and a 52-week high of $104.10. The company has a fifty day moving average of $86.93 and a 200-day moving average of $70.15. The company has a market capitalization of $1.82 billion, a P/E ratio of -38.68, a P/E/G ratio of 0.27 and a beta of 1.64. The company has a debt-to-equity ratio of 1.76, a quick ratio of 0.95 and a current ratio of 0.98.

Allegiant Travel (NASDAQ:ALGT) last posted its quarterly earnings data on Tuesday, November 4th. The transportation company reported ($2.09) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($1.84) by ($0.25). The firm had revenue of $561.93 million during the quarter, compared to analysts’ expectations of $575.13 million. Allegiant Travel had a positive return on equity of 6.60% and a negative net margin of 1.71%.Allegiant Travel’s revenue for the quarter was down .1% compared to the same quarter last year. During the same quarter in the previous year, the company posted ($2.02) earnings per share. As a group, equities research analysts predict that Allegiant Travel will post 7.7 EPS for the current fiscal year.

Key Headlines Impacting Allegiant Travel

Here are the key news stories impacting Allegiant Travel this week:

• Positive Sentiment: Adjusted Q4 results topped expectations — adjusted airline-only EPS of $2.72 and revenue of ~$656.2M showed underlying strength versus consensus, supporting the case for better earnings power. ALLEGIANT TRAVEL COMPANY FOURTH QUARTER AND FULL-YEAR 2025 FINANCIAL RESULTS
• Positive Sentiment: Company raised guidance — Q1 2026 EPS guide (2.50–3.50) and FY2026 EPS guide (~8.00) sit above Street consensus, giving a clearer path to materially higher earnings next year. View Press Release / Guidance
• Positive Sentiment: Some analysts raised targets — Citigroup bumped its target to $114 (neutral) and Morgan Stanley raised its target to $100 (equal weight), signaling some analysts see upside to current levels. Benzinga – Analyst Target Moves
• Neutral Sentiment: Management commentary on the earnings call emphasized demand strength but flagged execution and cost/competition risks; full transcripts are available for detail. Investors should parse remarks on capacity, fleet investment and yield trends. Allegiant (ALGT) Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Market reactions are mixed across outlets — some outlets highlight outperformance on adjusted metrics while others note divergence between GAAP and adjusted figures. Review both sets of numbers when modeling. TipRanks – Earnings Call Highlights
• Negative Sentiment: GAAP results and operating cash were weaker — GAAP diluted EPS was $1.73, operating profit and net income declined year‑over‑year, and operating cash flow swung negative while capex jumped, pointing to heavier investment and near-term cash pressure. QuiverQuant – Stock Reaction & Financial Details
• Negative Sentiment: Analyst downgrades and insider selling add caution — Zacks cut its rating to hold and recent insider sell transactions were reported, which can weigh on sentiment despite the beat/guide. Zacks – Rating Change

Institutional Inflows and Outflows

Several large investors have recently modified their holdings of ALGT. Shay Capital LLC purchased a new stake in shares of Allegiant Travel during the third quarter valued at approximately $231,000. Brooklyn Investment Group increased its stake in shares of Allegiant Travel by 2,153.0% in the third quarter. Brooklyn Investment Group now owns 4,506 shares of the transportation company’s stock worth $274,000 after buying an additional 4,306 shares during the period. BNP Paribas Financial Markets raised its holdings in Allegiant Travel by 9.5% during the 3rd quarter. BNP Paribas Financial Markets now owns 6,756 shares of the transportation company’s stock valued at $411,000 after buying an additional 587 shares during the last quarter. Envestnet Asset Management Inc. boosted its position in Allegiant Travel by 23.9% during the 3rd quarter. Envestnet Asset Management Inc. now owns 4,614 shares of the transportation company’s stock valued at $280,000 after buying an additional 891 shares during the period. Finally, Quantinno Capital Management LP purchased a new stake in Allegiant Travel during the 2nd quarter valued at $342,000. Hedge funds and other institutional investors own 85.81% of the company’s stock.

Allegiant Travel Company Profile

Allegiant Travel Company is a holding company that operates Allegiant Air, a low‐cost leisure airline offering scheduled and charter air service. The company focuses on connecting underserved secondary markets with popular vacation destinations across the United States. By targeting price‐sensitive leisure travelers, Allegiant Air operates a point‐to‐point network that avoids the traditional hub‐and‐spoke model, providing non‐stop flights from smaller cities to resort and entertainment hubs.

In addition to its core flight operations, Allegiant Travel Company offers packaged travel services that include hotel accommodations, rental cars and attraction tickets through its online portal.