Frontier Group (NASDAQ:ULCC) Updates Q1 2026 Earnings Guidance

Frontier Group (NASDAQ:ULCC) updated its first quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of -0.440–0.260 for the period, compared to the consensus EPS estimate of -0.300. The company issued revenue guidance of -. Frontier Group also updated its FY 2026 guidance to -0.400-0.500 EPS.

Frontier Group Stock Down 8.4%

ULCC stock traded down $0.50 during midday trading on Wednesday, hitting $5.46. The company’s stock had a trading volume of 3,263,345 shares, compared to its average volume of 3,543,648. The firm has a 50-day simple moving average of $5.17 and a 200-day simple moving average of $4.67. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.79. Frontier Group has a 52-week low of $2.89 and a 52-week high of $9.63. The firm has a market capitalization of $1.25 billion, a P/E ratio of -8.83 and a beta of 2.55.

Frontier Group (NASDAQ:ULCC) last announced its quarterly earnings data on Wednesday, February 11th. The company reported $0.23 EPS for the quarter, beating analysts’ consensus estimates of $0.10 by $0.13. Frontier Group had a negative net margin of 3.65% and a negative return on equity of 25.73%. The business’s revenue was down .5% on a year-over-year basis. During the same period in the prior year, the firm posted $0.23 EPS. Frontier Group has set its FY 2026 guidance at -0.400-0.500 EPS and its Q1 2026 guidance at -0.440–0.260 EPS. As a group, equities analysts forecast that Frontier Group will post 0.91 EPS for the current year.

Wall Street Analysts Forecast Growth

Several equities research analysts have recently weighed in on ULCC shares. Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th. UBS Group reiterated a “neutral” rating and issued a $6.00 price objective (up previously from $4.00) on shares of Frontier Group in a research report on Friday, December 12th. Deutsche Bank Aktiengesellschaft lowered 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. Citigroup assumed coverage on Frontier Group in a research note on Thursday, December 4th. They issued a “neutral” rating and a $5.00 price objective for the company. Finally, Morgan Stanley cut their target price on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating for the company in a research report on Monday, December 8th. One analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the stock. According to MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $6.13.

Insider Activity at Frontier Group

In other news, SVP Steve Schuller sold 5,000 shares of the company’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 transaction, the senior vice president directly owned 94,926 shares of the company’s stock, valued at approximately $569,556. This represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, CEO Barry Biffle sold 82,627 shares of Frontier Group stock in a transaction that occurred on Thursday, December 11th. The shares were sold at an average price of $5.78, for a total value of $477,584.06. Following the sale, the chief executive officer directly owned 631,836 shares in the company, valued at approximately $3,652,012.08. This trade represents a 11.56% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 310,000 shares of company stock worth $1,700,444 over the last 90 days. 48.00% of the stock is owned by company insiders.

Key Stories Impacting Frontier Group

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

• Positive Sentiment: Frontier beat Q4 estimates — reported $0.23 EPS vs. a $0.10 consensus and showed stable revenue and unit economics, which supports near-term profitability. Zacks: ULCC beats Q4
• Positive Sentiment: Q4 operating detail and liquidity were solid — $53M net income, CASM ex‑fuel improved (7.36¢), and year-end total liquidity ~$874M, giving the company runway to execute strategic moves. PR Newswire: Q4 results
• Neutral Sentiment: Non-binding AerCap fleet optimization announced — agreement contemplates early return of 24 A320neos and up to 10 future sale‑leasebacks; could improve fleet economics and liquidity but is non-binding and may reduce near-term capacity. PR Newswire: AerCap transaction
• Neutral Sentiment: Corporate governance update — appointment of Anthony Salcido to the board may strengthen oversight as management executes on fleet and financial plans. PR Newswire: New board member
• Negative Sentiment: Guidance materially weaker than Street: Q1 2026 EPS guide of -$0.44 to -$0.26 and FY 2026 EPS -$0.40 to -$0.50 vs. a ~+$0.02 consensus — the big swing to negative guidance is the main driver of downward pressure. PR Newswire: Guidance
• Negative Sentiment: Analyst action adds pressure — Deutsche Bank downgraded ULCC from Buy to Hold ($6 PT), reflecting more cautious sentiment among some sell‑side firms. The Fly: Deutsche Bank downgrade
• Negative Sentiment: Insider selling disclosed — an SVP sold 5,000 shares at ~$6; small in size but sometimes interpreted negatively by investors. InsiderTrades: SVP sale

Institutional Trading of Frontier Group

Several institutional investors have recently made changes to their positions in the stock. Dimensional Fund Advisors LP increased its position in Frontier Group by 5.5% during the third quarter. Dimensional Fund Advisors LP now owns 4,044,167 shares of the company’s stock worth $17,860,000 after buying an additional 209,154 shares during the last quarter. Bank of America Corp DE grew its holdings in shares of Frontier Group by 39.2% during the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after purchasing an additional 852,798 shares in the last quarter. Balyasny Asset Management L.P. boosted its stake in Frontier Group by 48.4% during the third quarter. Balyasny Asset Management L.P. now owns 2,202,219 shares of the company’s stock worth $9,723,000 after buying an additional 718,147 shares in the last quarter. Geode Capital Management LLC raised its stake in shares of Frontier Group by 0.4% in the 4th quarter. Geode Capital Management LLC now owns 2,196,472 shares of the company’s stock valued at $10,347,000 after buying an additional 8,946 shares in the last quarter. Finally, Par Capital Management Inc. lifted its holdings in shares of Frontier Group by 1.2% during the 2nd quarter. Par Capital Management Inc. now owns 2,181,100 shares of the company’s stock worth $7,917,000 after acquiring an additional 25,000 shares during the period.

About Frontier Group

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.