Frontier Group (NASDAQ:ULCC) Releases FY 2026 Earnings Guidance

Frontier Group (NASDAQ:ULCC) issued an update on its FY 2026 earnings guidance on Wednesday morning. The company provided earnings per share (EPS) guidance of -0.400-0.500 for the period, compared to the consensus estimate of 0.020. The company issued revenue guidance of -. Frontier Group also updated its Q1 2026 guidance to -0.440–0.260 EPS.

Frontier Group Trading Down 8.4%

Shares of NASDAQ ULCC traded down $0.50 during mid-day 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 company has a debt-to-equity ratio of 0.79, a current ratio of 0.40 and a quick ratio of 0.36. Frontier Group has a one year low of $2.89 and a one year high of $9.63. The company’s fifty day simple moving average is $5.17 and its 200-day simple moving average is $4.67. The stock has a market cap of $1.25 billion, a price-to-earnings ratio of -8.83 and a beta of 2.55.

Frontier Group (NASDAQ:ULCC) last released its earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating the consensus estimate of $0.10 by $0.13. Frontier Group had a negative return on equity of 25.73% and a negative net margin of 3.65%.The firm’s revenue was down .5% on a year-over-year basis. During the same period last year, the business earned $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. On average, sell-side analysts anticipate that Frontier Group will post 0.91 earnings per share for the current fiscal year.

Wall Street Analysts Forecast Growth

Several research firms have weighed in on ULCC. Morgan Stanley cut their target price on shares of Frontier Group from $9.00 to $8.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. UBS Group reiterated a “neutral” rating and issued a $6.00 price target (up previously from $4.00) on shares of Frontier Group in a report on Friday, December 12th. Susquehanna upped their target price on shares of Frontier Group from $4.00 to $5.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Citigroup started coverage on Frontier Group in a report on Thursday, December 4th. They issued a “neutral” rating and a $5.00 price target on the stock. Finally, Bank of America restated an “underperform” rating and issued a $4.00 target price (down previously from $5.00) on shares of Frontier Group in a research note on Tuesday, January 6th. One investment analyst has rated the stock with a Buy rating, six have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and an average target price of $6.13.

Insider Transactions at Frontier Group

In related news, SVP Steve Schuller sold 5,000 shares of Frontier Group 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 sale, the senior vice president directly owned 94,926 shares of the company’s stock, valued at approximately $569,556. This trade represents a 5.00% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, CEO Barry Biffle sold 82,627 shares of the stock in a transaction on Thursday, December 11th. The stock was sold at an average price of $5.78, for a total value of $477,584.06. Following the transaction, the chief executive officer owned 631,836 shares in the company, valued at $3,652,012.08. The trade was a 11.56% decrease in their position. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders sold 310,000 shares of company stock worth $1,700,444. 48.00% of the stock is owned by insiders.

Key Headlines 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 Investors Weigh In On Frontier Group

Hedge funds have recently modified their holdings of the company. Caitong International Asset Management Co. Ltd acquired a new position in Frontier Group in the 3rd quarter worth about $27,000. Brooklyn Investment Group raised its holdings in Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock valued at $48,000 after buying an additional 9,078 shares during the last quarter. Numerai GP LLC acquired a new stake in Frontier Group during the 3rd quarter worth approximately $61,000. AQR Capital Management LLC grew its holdings in Frontier Group by 46.0% during the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after acquiring an additional 5,913 shares during the last quarter. Finally, IHT Wealth Management LLC acquired a new position in Frontier Group in the 2nd quarter valued at approximately $87,000.

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.