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 guidance of 8.000- for the period, compared to the consensus earnings per share estimate of 7.270. The company issued revenue guidance of -. Allegiant Travel also updated its Q1 2026 guidance to 2.500-3.500 EPS.

Analyst Ratings Changes

Several research analysts have commented on the company. Deutsche Bank Aktiengesellschaft raised Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a report on Friday, December 12th. Raymond James Financial cut shares of Allegiant Travel from a “strong-buy” rating to an “outperform” rating and increased their price objective for the stock from $78.00 to $98.00 in a research report on Friday, December 19th. Susquehanna upped their price objective on shares of Allegiant Travel from $70.00 to $100.00 and gave the stock a “neutral” rating in a report on Friday, January 9th. Zacks Research lowered shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research note on Monday. Finally, Wall Street Zen raised Allegiant Travel from a “sell” rating to a “hold” rating in a research report on Sunday, December 28th. 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 company. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and an average target price of $92.73.

Allegiant Travel Price Performance

NASDAQ:ALGT traded up $7.08 during trading hours on Wednesday, hitting $99.86. 1,267,660 shares of the stock traded hands, compared to its average volume of 568,024. The stock has a 50 day moving average price of $86.05 and a 200 day moving average price of $69.73. Allegiant Travel has a 1 year low of $39.80 and a 1 year high of $100.46. The company has a market cap of $1.83 billion, a price-to-earnings ratio of -6.13, a price-to-earnings-growth ratio of 0.25 and a beta of 1.64. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 1.76.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings results on Tuesday, November 4th. The transportation company reported ($2.09) EPS for the quarter, missing the consensus estimate of ($1.84) by ($0.25). The company 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 5.24% and a negative net margin of 11.36%.The company’s revenue was down .1% on a year-over-year basis. During the same quarter in the prior year, the business posted ($2.02) EPS. Sell-side analysts forecast that Allegiant Travel will post 7.7 EPS for the current fiscal year.

Key Stories Impacting Allegiant Travel

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

• Positive Sentiment: Company-reported adjusted/airline-only results came in ahead of consensus, with multiple outlets publishing beats on quarterly EPS (Zacks reported $2.86 vs. $2.01 estimate). This supports the narrative of improving profitability on an airline-only basis and likely drove buying interest. Zacks: Allegiant Tops Q4
• Positive Sentiment: Management raised Q1 2026 EPS guidance to $2.50–$3.50 (consensus ~ $2.27). Higher near-term guidance signals confidence in demand and unit economics for the period and is a clear catalyst supporting the rally.
• Positive Sentiment: Full‑year FY2026 EPS guidance was increased (company gave an FY guide that exceeds the prior consensus ~ $7.27), indicating management expects improved full-year profitability — a material positive for forward valuation.
• Neutral Sentiment: Official press release: GAAP Q4 diluted EPS was $1.73 while adjusted airline-only EPS was $2.72; full‑year adjusted metrics also improved (adjusted diluted EPS and adjusted airline-only EPS). Management framed the results as “momentum,” which supports the raised guidance but leaves questions about GAAP volatility. PR Newswire: Q4 & FY2025 Results
• Neutral Sentiment: Reported short-interest data in recent filings appears non‑informative (odd/zero values reported); not a material near-term driver based on available data.
• Negative Sentiment: Underlying GAAP and operating metrics showed stress: a Quiver summary flagged GAAP diluted EPS of $1.73 (below some estimates), operating profit and net income declined YoY, operating cash flow turned negative and capex jumped ~144% YoY — higher investment that tightens near‑term cash flow. Those items create risk if demand softness or cost pressure emerges. QuiverQuant: Q4 Earnings & Cash Flow
• Negative Sentiment: Zacks downgraded the shares from “strong-buy” to “hold,” which could temper momentum from the beats and guidance as some investors reassess valuation and execution risk. Zacks

Institutional Trading of Allegiant Travel

A number of hedge funds have recently modified their holdings of ALGT. iSAM Funds UK Ltd purchased a new position in Allegiant Travel in the 3rd quarter valued at approximately $69,000. NewEdge Advisors LLC lifted its stake in shares of Allegiant Travel by 43.7% in the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock valued at $67,000 after purchasing an additional 373 shares in the last quarter. State of Wyoming acquired a new position in shares of Allegiant Travel during the 2nd quarter valued at $159,000. Tower Research Capital LLC TRC boosted its holdings in Allegiant Travel by 856.1% in the 2nd quarter. Tower Research Capital LLC TRC now owns 3,308 shares of the transportation company’s stock worth $182,000 after acquiring an additional 2,962 shares during the period. Finally, FourThought Financial Partners LLC bought a new stake in shares of Allegiant Travel in the third quarter worth $202,000. 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.