Q1 EPS Forecast for Allegiant Travel Increased by Analyst

Allegiant Travel Company (NASDAQ:ALGT) – Stock analysts at Zacks Research raised their Q1 2026 earnings per share estimates for shares of Allegiant Travel in a research report issued on Wednesday, March 4th. Zacks Research analyst Team now forecasts that the transportation company will earn $3.08 per share for the quarter, up from their prior estimate of $3.01. Zacks Research currently has a “Strong-Buy” rating on the stock. The consensus estimate for Allegiant Travel’s current full-year earnings is $7.70 per share. Zacks Research also issued estimates for Allegiant Travel’s Q2 2026 earnings at $2.46 EPS, Q4 2026 earnings at $3.12 EPS, FY2026 earnings at $8.18 EPS, Q1 2027 earnings at $3.10 EPS, Q2 2027 earnings at $2.19 EPS and FY2027 earnings at $10.38 EPS.

Other analysts also recently issued research reports about the company. Citigroup boosted their price objective on Allegiant Travel from $109.00 to $114.00 and gave the stock a “neutral” rating in a report on Thursday, February 5th. Bank of America upgraded shares of Allegiant Travel from an “underperform” rating to a “neutral” rating and boosted their price target for the company from $55.00 to $95.00 in a report on Tuesday, January 6th. Weiss Ratings restated a “sell (d)” rating on shares of Allegiant Travel in a research report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft raised Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a research report on Friday, December 12th. Finally, UBS Group raised their price objective on Allegiant Travel from $90.00 to $102.00 and gave the stock a “neutral” rating in a research report on Thursday, February 5th. One investment analyst has rated the stock with a Strong Buy rating, five have assigned a Buy rating, six have assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, the company has an average rating of “Hold” and an average price target of $100.18.

Allegiant Travel Stock Down 8.6%

Shares of Allegiant Travel stock opened at $84.13 on Friday. Allegiant Travel has a 12-month low of $39.80 and a 12-month high of $118.00. The firm has a market capitalization of $1.55 billion, a PE ratio of -32.74, a price-to-earnings-growth ratio of 0.20 and a beta of 1.56. The company has a quick ratio of 0.92, a current ratio of 0.95 and a debt-to-equity ratio of 1.60. The stock’s fifty day moving average is $95.97 and its 200-day moving average is $77.54.

Institutional Investors Weigh In On Allegiant Travel

Institutional investors have recently made changes to their positions in the company. Heartland Advisors Inc. acquired a new position in Allegiant Travel in the third quarter worth approximately $12,747,000. Balyasny Asset Management L.P. bought a new stake in Allegiant Travel in the fourth quarter worth approximately $16,405,000. Donald Smith & CO. Inc. increased its stake in shares of Allegiant Travel by 11.6% during the 2nd quarter. Donald Smith & CO. Inc. now owns 1,506,633 shares of the transportation company’s stock worth $82,789,000 after purchasing an additional 156,186 shares during the last quarter. Apollo Management Holdings L.P. acquired a new position in shares of Allegiant Travel during the 2nd quarter worth $6,124,000. Finally, Jump Financial LLC raised its holdings in shares of Allegiant Travel by 195.5% during the 2nd quarter. Jump Financial LLC now owns 127,800 shares of the transportation company’s stock valued at $7,023,000 after purchasing an additional 84,555 shares in the last quarter. 85.81% of the stock is currently owned by institutional investors and hedge funds.

Insider Transactions at Allegiant Travel

In other Allegiant Travel news, Chairman Maurice J. Gallagher, Jr. sold 861 shares of the business’s stock in a transaction dated Tuesday, February 10th. The stock was sold at an average price of $114.00, for a total value of $98,154.00. Following the transaction, the chairman owned 150,000 shares in the company, valued at $17,100,000. The trade was a 0.57% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Insiders sold a total of 300,000 shares of company stock worth $34,350,512 over the last ninety days. 14.70% of the stock is currently owned by company insiders.

Allegiant Travel News Summary

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

• Positive Sentiment: Zacks Research upgraded ALGT from “Hold” to “Strong‑Buy” and raised multiple near‑term and multi‑year EPS estimates (examples: Q1 2026 to $3.08, Q2 2026 to $2.46, FY2026 to $8.18, FY2027 to $10.38). Analyst upward revisions and a constructive rating are supportive for the stock. Read More.
• Positive Sentiment: Allegiant added a second “Destination Dollywood” themed fan flight due to demand, a small revenue/PR positive that signals continued leisure demand for its niche routes. Read More.
• Neutral Sentiment: Reported short‑interest data in recent filings shows zeros and “NaN” values and therefore appears erroneous or not meaningful; it does not provide a clear explanation for intraday moves.
• Negative Sentiment: Technical and fundamental concerns likely weigh on the stock: price is below the 50‑day moving average (50‑day MA $95.97 vs. recent trade around $84), the trailing PE is negative (reflecting past losses), the company has leverage (debt/equity ~1.60) and liquidity ratios under 1. These factors can prompt downside even when analysts raise forward estimates.

About Allegiant Travel

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.