Allegiant Travel (NASDAQ:ALGT) Issues Q1 2026 Earnings Guidance

Allegiant Travel (NASDAQ:ALGT) updated its first quarter 2026 earnings guidance on Wednesday. The company provided earnings per share guidance of 2.500-3.500 for the period, compared to the consensus earnings per share estimate of 2.270. The company issued revenue guidance of -. Allegiant Travel also updated its FY 2026 guidance to 8.000- EPS.

Wall Street Analyst Weigh In

Several research analysts recently weighed in on ALGT shares. Citigroup upped their target price on Allegiant Travel from $88.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday, January 7th. Barclays boosted their price target on Allegiant Travel from $60.00 to $95.00 and gave the stock an “equal weight” rating in a research note on Monday, January 12th. Morgan Stanley increased their price objective on shares of Allegiant Travel from $80.00 to $85.00 and gave the company an “equal weight” rating in a research report on Wednesday, November 5th. Susquehanna boosted their target price on shares of Allegiant Travel from $70.00 to $100.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Finally, UBS Group reaffirmed a “neutral” rating and issued a $102.00 price target on shares of Allegiant Travel in a report on Thursday. Four equities research 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 data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and an average price target of $93.82.

Allegiant Travel Trading Up 7.6%

Allegiant Travel stock opened at $99.86 on Thursday. The stock has a 50-day moving average price of $86.50 and a 200 day moving average price of $69.94. The company has a market capitalization 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. Allegiant Travel has a 52 week low of $39.80 and a 52 week high of $100.46. 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 data 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 business had revenue of $561.93 million during the quarter, compared to analysts’ expectations of $575.13 million. Allegiant Travel had a negative net margin of 11.36% and a positive return on equity of 5.24%. The firm’s revenue was down .1% on a year-over-year basis. During the same period last year, the company earned ($2.02) earnings per share. Sell-side analysts anticipate that Allegiant Travel will post 7.7 EPS for the current year.

Key Stories Impacting Allegiant Travel

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

• Positive Sentiment: Adjusted EPS beat and revenue growth — Allegiant reported fourth‑quarter adjusted airline‑only diluted EPS of $2.72 versus the consensus ~ $2.04 and year‑over‑year revenue growth ~4.5%, which investors view as evidence of continuing demand. Allegiant Travel beats Q4 estimates, forecasts strong 2026 growth
• Positive Sentiment: Raised guidance above consensus — Management set FY‑2026 EPS guidance at 8.00+ (vs. consensus ~7.27) and Q1‑2026 guidance at 2.50–3.50 (vs. consensus ~2.27). The upside to guidance is the main catalyst supporting the rally. ALLEGIANT TRAVEL COMPANY FOURTH QUARTER AND FULL-YEAR 2025 FINANCIAL RESULTS
• Neutral Sentiment: Full release and call available — Management commentary and the earnings press release/earnings call transcript provide detail on the adjustments behind the “airline‑only” figures and growth drivers; review the transcript for fleet, network, and unit‑cost commentary. Q4 2025 Earnings Call Transcript
• Neutral Sentiment: Street positioning — Several analysts maintain Outperform/buy views and price targets generally around/above the current level (median target noted in recent coverage was ~$95), supporting liquidity and interest around the name. Allegiant Travel Company (ALGT) stock falls on Q4 2025 Earnings
• Negative Sentiment: GAAP and cash‑flow stress — GAAP diluted EPS for Q4 was $1.73 (below some expectations) and operating cash flow was negative, driven in part by a sharp increase in capex (aircraft purchases), which could pressure free cash flow near term. These GAAP/cash items temper the upbeat adjusted numbers. Allegiant Travel Company (ALGT) stock falls on Q4 2025 Earnings
• Negative Sentiment: Analyst action and insider activity — Zacks trimmed its rating from “strong‑buy” to “hold,” and recent small insider sales were disclosed; these items create some near‑term selling pressure and indicate mixed sentiment. Zacks Research downgrade

Hedge Funds Weigh In On Allegiant Travel

Several institutional investors and hedge funds have recently modified their holdings of the stock. Shay Capital LLC purchased a new stake in shares of Allegiant Travel in the third quarter worth about $231,000. Brooklyn Investment Group lifted its holdings in Allegiant Travel by 2,153.0% in the third quarter. Brooklyn Investment Group now owns 4,506 shares of the transportation company’s stock valued at $274,000 after acquiring an additional 4,306 shares during the period. BNP Paribas Financial Markets boosted its position in Allegiant Travel by 9.5% in the 3rd quarter. BNP Paribas Financial Markets now owns 6,756 shares of the transportation company’s stock worth $411,000 after purchasing an additional 587 shares in the last quarter. Envestnet Asset Management Inc. boosted its position in Allegiant Travel by 23.9% in the 3rd quarter. Envestnet Asset Management Inc. now owns 4,614 shares of the transportation company’s stock worth $280,000 after purchasing an additional 891 shares in the last quarter. Finally, Quantinno Capital Management LP acquired a new stake in shares of Allegiant Travel during the 2nd quarter worth approximately $342,000. Institutional investors and hedge funds own 85.81% of the company’s stock.

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.