Allegiant Travel (NASDAQ:ALGT) Releases 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.

Analysts Set New Price Targets

A number of research firms have recently weighed in on ALGT. Wolfe Research raised Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 price objective on the stock in a research report on Tuesday, January 20th. UBS Group boosted their target price on Allegiant Travel from $87.00 to $90.00 and gave the stock a “neutral” rating in a research note on Tuesday, January 6th. Bank of America raised Allegiant Travel from an “underperform” rating to a “neutral” rating and increased their price target for the company from $55.00 to $95.00 in a research report on Tuesday, January 6th. Morgan Stanley boosted their price objective on Allegiant Travel from $80.00 to $85.00 and gave the stock an “equal weight” rating in a research report on Wednesday, November 5th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a research note on Friday, December 12th. Four analysts have rated the stock with a Buy rating, eight have issued a Hold rating and one has issued a Sell rating to the company. According to MarketBeat.com, Allegiant Travel has an average rating of “Hold” and a consensus price target of $92.73.

Allegiant Travel Stock Up 7.6%

Shares of ALGT traded up $7.08 during mid-day trading on Wednesday, reaching $99.86. The company’s stock had a trading volume of 1,267,660 shares, compared to its average volume of 568,024. The company has a debt-to-equity ratio of 1.76, a current ratio of 0.98 and a quick ratio of 0.95. Allegiant Travel has a 12-month low of $39.80 and a 12-month high of $100.46. The stock has a market cap of $1.83 billion, a PE ratio of -6.13, a price-to-earnings-growth ratio of 0.25 and a beta of 1.64. The company’s 50 day moving average is $86.05 and its 200 day moving average is $69.73.

Allegiant Travel (NASDAQ:ALGT) last announced its quarterly earnings results 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 business had revenue of $561.93 million during the quarter, compared to analyst estimates of $575.13 million. Allegiant Travel had a negative net margin of 11.36% and a positive return on equity of 5.24%. The business’s revenue for the quarter was down .1% compared to the same quarter last year. During the same period last year, the company earned ($2.02) earnings per share. Equities analysts anticipate that Allegiant Travel will post 7.7 EPS for the current fiscal year.

Allegiant Travel News Roundup

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 Investors Weigh In On Allegiant Travel

A number of institutional investors and hedge funds have recently bought and sold shares of the stock. iSAM Funds UK Ltd acquired a new position in Allegiant Travel in the third quarter valued at $69,000. NewEdge Advisors LLC boosted its position 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 during the period. State of Wyoming purchased a new position in Allegiant Travel during the 2nd quarter worth approximately $159,000. Tower Research Capital LLC TRC increased its position in Allegiant Travel by 856.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,308 shares of the transportation company’s stock worth $182,000 after buying an additional 2,962 shares during the period. Finally, FourThought Financial Partners LLC purchased a new stake in Allegiant Travel in the third quarter valued at approximately $202,000. 85.81% of the stock is owned by hedge funds and other institutional investors.

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.