Frontier Group (NASDAQ:ULCC) Issues Q2 2026 Earnings Guidance

Frontier Group (NASDAQ:ULCC) updated its second quarter 2026 earnings guidance on Tuesday. The company provided earnings per share guidance of -0.600–0.45 for the period, compared to the consensus earnings per share estimate of -0.610. The company issued revenue guidance of -.

Frontier Group Stock Performance

ULCC stock traded up $0.18 during trading on Tuesday, reaching $4.27. The company had a trading volume of 6,641,706 shares, compared to its average volume of 4,778,549. Frontier Group has a twelve month low of $3.02 and a twelve month high of $6.66. The firm has a 50-day simple moving average of $3.84 and a 200-day simple moving average of $4.43. The company has a debt-to-equity ratio of 0.73, a quick ratio of 0.41 and a current ratio of 0.46. The company has a market cap of $979.80 million, a price-to-earnings ratio of -7.02 and a beta of 2.41.

Frontier Group (NASDAQ:ULCC) last posted its quarterly earnings data on Tuesday, May 5th. The company reported ($0.30) EPS for the quarter, topping the consensus estimate of ($0.38) by $0.08. The company had revenue of $1.07 billion during the quarter, compared to analyst estimates of $1.04 billion. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.Frontier Group’s quarterly revenue was up 16.8% on a year-over-year basis. During the same period in the previous year, the business earned ($0.19) EPS. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, sell-side analysts expect that Frontier Group will post -1.39 earnings per share for the current year.

Wall Street Analyst Weigh In

ULCC has been the subject of several recent analyst reports. Bank of America reissued an “underperform” rating and set a $4.00 target price (down from $5.00) on shares of Frontier Group in a research note on Tuesday, January 6th. Barclays reissued an “underweight” rating and set a $4.00 price objective (down from $6.00) on shares of Frontier Group in a research report on Monday, March 2nd. Deutsche Bank Aktiengesellschaft cut shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 target price on the stock. in a research report on Tuesday, February 10th. Susquehanna boosted their price target on shares of Frontier Group from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Finally, Citigroup upped their price objective on shares of Frontier Group from $3.50 to $4.90 and gave the stock a “neutral” rating in a report on Monday. Five research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus price target of $5.13.

Insider Activity

In related news, SVP Steve Schuller sold 5,000 shares of the business’s stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total transaction of $30,000.00. Following the completion of the sale, the senior vice president owned 94,926 shares in the company, valued at $569,556. The trade was a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. Corporate insiders own 48.00% of the company’s stock.

Frontier Group News Summary

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Q1 results beat on EPS and revenue — Frontier reported a $0.30 loss per share, beating consensus and delivering revenue above expectations, with year-over-year revenue growth. This supports near-term sentiment that operations are improving. Frontier Airlines Reports First Quarter 2026 Financial Results
• Positive Sentiment: Spirit Airlines shutdown creates market opportunity — Industry shifts after Spirit’s collapse have opened routes and gates that Frontier can capture, a near-term demand/market-share tailwind that traders are rewarding. JetBlue, Frontier shares rise as Spirit shutdown makes room for growth
• Positive Sentiment: Analyst price-target lift — Citigroup raised its ULCC price target to $4.90 (neutral rating), which supports buying interest and sentiment improvement. Benzinga
• Neutral Sentiment: Q2 guidance issued — Frontier set Q2 EPS guidance at -0.60 to -0.45, roughly in line with consensus; the range signals continued pressure but gives investors a framework for expectations. (Company guidance summary.)
• Neutral Sentiment: Deeper metric review available — Zacks and other outlets provided detailed metric comparisons (y/y capacity, yields, RASM/CASM dynamics) that investors should review to assess margin recovery potential. Compared to Estimates, Frontier Group (ULCC) Q1 Earnings: A Look at Key Metrics
• Negative Sentiment: Jet fuel cost pressure — Multiple reports highlight soaring jet fuel prices (geopolitical drivers) that materially increase operating costs and compress margins for Frontier and peers. Jet Fuel Prices Are Soaring. Airlines and Travelers Will Feel It.
• Negative Sentiment: Company warns of continued pressure — Reuters and other outlets flagged that Frontier forecast a larger-than-expected quarterly loss as fuel costs surge, which could limit upside until fuel cost visibility improves. Frontier Airlines forecasts bigger-than-expected quarterly loss amid soaring fuel prices

Institutional Trading of Frontier Group

Hedge funds and other institutional investors have recently made changes to their positions in the company. Balyasny Asset Management L.P. acquired a new position in shares of Frontier Group in the 2nd quarter valued at $5,387,000. Bank of America Corp DE increased its stake in shares of Frontier Group by 39.2% in the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after purchasing an additional 852,798 shares during the period. HRT Financial LP raised its holdings in shares of Frontier Group by 932.1% during the fourth quarter. HRT Financial LP now owns 817,425 shares of the company’s stock valued at $3,850,000 after buying an additional 738,228 shares during the last quarter. First Trust Advisors LP bought a new stake in shares of Frontier Group during the fourth quarter valued at approximately $3,351,000. Finally, Marshall Wace LLP boosted its position in shares of Frontier Group by 441.0% during the fourth quarter. Marshall Wace LLP now owns 853,150 shares of the company’s stock worth $4,018,000 after buying an additional 695,449 shares during the period.

Frontier Group Company Profile

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.