Frontier Group (NASDAQ:ULCC) Issues Q4 2026 Earnings Guidance

Frontier Group (NASDAQ:ULCC) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of -0.150-0.050 for the period, compared to the consensus estimate of -0.090.

Analyst Ratings Changes

ULCC has been the subject of a number of research analyst reports. UBS Group dropped their price target on shares of Frontier Group from $7.00 to $6.00 and set a “neutral” rating for the company in a research note on Thursday, September 24th. Weiss Ratings reissued a “sell (d-)” rating on shares of Frontier Group in a research report on Wednesday. Susquehanna boosted their target price on shares of Frontier Group from $6.00 to $6.50 and gave the stock a “neutral” rating in a research report on Thursday. Zacks Research lowered shares of Frontier Group from a “strong-buy” rating to a “hold” rating in a research note on Thursday, August 27th. Finally, Barclays reduced their price target on shares of Frontier Group from $7.00 to $5.00 and set an “underweight” rating on the stock in a research report on Friday, September 11th. Six research analysts have rated the stock with a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Frontier Group has an average rating of “Reduce” and a consensus target price of $6.36.

Frontier Group Price Performance

Shares of NASDAQ ULCC opened at $6.45 on Friday. Frontier Group has a twelve month low of $3.02 and a twelve month high of $8.40. The company has a current ratio of 0.62, a quick ratio of 0.54 and a debt-to-equity ratio of 10.68. The company has a market capitalization of $1.48 billion, a price-to-earnings ratio of -3.60 and a beta of 2.64. The business has a 50 day simple moving average of $5.72 and a 200-day simple moving average of $5.43.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Wednesday, October 28th. The company reported $0.18 earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.06) by $0.24. Frontier Group had a positive return on equity of 1.35% and a negative net margin of 8.93%. The firm had revenue of $1.35 billion for the quarter, compared to analysts’ expectations of $1.29 billion. During the same period last year, the business posted ($0.34) earnings per share. The firm’s revenue for the quarter was up 52.9% on a year-over-year basis. As a group, equities research analysts expect that Frontier Group will post -0.50 earnings per share for the current year.

Insider Buying and Selling at Frontier Group

In related news, CFO Mark Mitchell sold 125,000 shares of the firm’s stock in a transaction that occurred on Wednesday, August 5th. The stock was sold at an average price of $8.09, for a total value of $1,011,250.00. Following the sale, the chief financial officer owned 53,785 shares of the company’s stock, valued at approximately $435,120.65. This trade represents a 69.92% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, VP Trevor Stedke sold 167,277 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The stock was sold at an average price of $8.03, for a total value of $1,343,234.31. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 342,520 shares of company stock worth $2,735,529. 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: Frontier reported third-quarter adjusted earnings of $0.18 per share, well above the consensus estimate for a $0.06 loss. Revenue rose 52.9% year over year to $1.36 billion, exceeding expectations of $1.29 billion. Frontier Group Holdings Earnings Beat Puts Its Valuation Back In Focus
• Positive Sentiment: Management projected fourth-quarter revenue per available seat mile to increase more than 20%, alongside 5%–6% capacity growth. Analysts attributed the improvement to stronger passenger demand and network adjustments, which helped offset higher jet-fuel costs. Frontier Projects Q4 RASM Growth
• Neutral Sentiment: Frontier issued fourth-quarter 2026 EPS guidance of negative $0.15 to negative $0.05, compared with analysts’ consensus estimate of negative $0.09. The range indicates continued seasonal losses, although the midpoint is broadly in line with expectations.
• Neutral Sentiment: Susquehanna raised its price target from $6.00 to $6.50 while maintaining a neutral rating, implying only modest upside and suggesting that much of the earnings improvement may already be reflected in ULCC’s valuation. Susquehanna Frontier Group Rating
• Negative Sentiment: Barclays initiated or reiterated a sell recommendation on Frontier, adding pressure after the earnings-related rebound. The bearish view likely reflects the airline’s negative full-year earnings outlook, elevated leverage, and sensitivity to fuel prices. Frontier Group Receives a Sell From Barclays
• Negative Sentiment: Frontier raised its fuel-cost outlook to approximately $4.75 per gallon. Higher fuel expenses could erode the benefit of stronger revenue and capacity growth, leaving investors focused on whether the earnings improvement can persist.

Frontier Group Company Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. The company operates a low-fare, point-to-point air transportation business, primarily serving leisure travelers and price-conscious customers.

Frontier Airlines offers scheduled flights to destinations across the United States, as well as selected locations in the Caribbean and Latin America. Its business model emphasizes low base fares with additional charges for optional services such as checked baggage, seat selection, priority boarding and other travel-related products.

Frontier Airlines traces its roots to 1994 and has expanded its network through a fleet focused largely on Airbus narrow-body aircraft.