Frontier Group (NASDAQ:ULCC) Issues Q1 2026 Earnings Guidance

Frontier Group (NASDAQ:ULCC) updated its first quarter 2026 earnings guidance on Wednesday. The company provided EPS guidance of -0.440–0.260 for the period, compared to the consensus EPS estimate of -0.300. The company issued revenue guidance of -. Frontier Group also updated its FY 2026 guidance to -0.400-0.500 EPS.

Analysts Set New Price Targets

Several equities analysts recently issued reports on the company. UBS Group restated a “neutral” rating and set a $6.00 price objective (up from $4.00) on shares of Frontier Group in a research note on Friday, December 12th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Frontier Group in a research note on Monday, December 29th. Deutsche Bank Aktiengesellschaft downgraded shares of Frontier Group from a “buy” rating to a “hold” rating and set a $6.00 price target for the company. in a report on Tuesday. Citigroup assumed coverage on shares of Frontier Group in a research report on Thursday, December 4th. They set a “neutral” rating and a $5.00 price target for the company. Finally, Bank of America reiterated an “underperform” rating and issued a $4.00 price objective (down from $5.00) on shares of Frontier Group in a research report on Tuesday, January 6th. One equities research analyst has rated the stock with a Buy rating, six have given a Hold rating and two have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, the stock has an average rating of “Reduce” and a consensus target price of $6.13.

Frontier Group Trading Down 4.6%

Shares of ULCC stock opened at $5.24 on Friday. The stock has a 50-day simple moving average of $5.19 and a 200 day simple moving average of $4.68. The stock has a market capitalization of $1.20 billion, a P/E ratio of -8.59 and a beta of 2.55. Frontier Group has a fifty-two week low of $2.89 and a fifty-two week high of $9.58. The company has a quick ratio of 0.36, a current ratio of 0.40 and a debt-to-equity ratio of 0.79.

Frontier Group (NASDAQ:ULCC) last issued its quarterly earnings results on Wednesday, February 11th. The company reported $0.23 earnings per share for the quarter, beating analysts’ consensus estimates of $0.10 by $0.13. Frontier Group had a negative net margin of 3.68% and a negative return on equity of 27.22%. The company had revenue of $997.00 million during the quarter, compared to the consensus estimate of $971.35 million. During the same period in the prior year, the company earned $0.23 EPS. Frontier Group’s revenue was down .5% on a year-over-year basis. 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 expect that Frontier Group will post 0.91 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Frontier Group news, SVP Steve Schuller sold 5,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were 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 represents a 5.00% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, CEO Barry Biffle sold 82,627 shares of the firm’s stock in a transaction dated Thursday, December 11th. The stock was sold at an average price of $5.78, for a total transaction of $477,584.06. Following the completion of the transaction, the chief executive officer owned 631,836 shares of the company’s stock, valued at approximately $3,652,012.08. The trade was a 11.56% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 310,000 shares of company stock worth $1,700,444 over the last ninety days. 48.00% of the stock is owned by insiders.

Frontier Group News Summary

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Q4 beat and healthy cash position — Frontier posted $0.23 EPS and revenue of $997M, topping estimates, and reported $874M of year‑end liquidity and $53M net income; this supports near‑term solvency and shows cost control execution. Read More.
• Positive Sentiment: Fleet optimization deal with AerCap could lower lease costs and accelerate rightsizing — non‑binding agreement for early return of 24 A320neo aircraft and potential sale‑leasebacks aims to reshape capacity and cut costs. Read More.
• Positive Sentiment: Management projects deep cost cuts and $200M+ of savings through 2027 with a path to potential 2026 profit if cuts stick — this underpins a turnaround thesis if execution succeeds. Read More.
• Neutral Sentiment: Q4 earnings call/transcripts released — useful for detail on fleet, RASM/CASM and timing of cost saves but contain operational nuance rather than immediate market movers. Read More.
• Neutral Sentiment: Short‑interest reports in the feed show zero/NaN figures (likely a reporting anomaly) and do not indicate meaningful new short pressure at this time.
• Negative Sentiment: Forward guidance disappointed — Frontier guided FY 2026 EPS to -$0.40 to -$0.50 and Q1 to -$0.44 to -$0.26, well below consensus, shifting the story from a beat to a tough near‑term outlook. Read More.
• Negative Sentiment: Analyst reaction and insider activity — Deutsche Bank cut ULCC to Hold and reports of insider selling and a gap down have added downward pressure on sentiment. Read More. Read More.

Institutional Trading of Frontier Group

Several large investors have recently added to or reduced their stakes in ULCC. Balyasny Asset Management L.P. purchased a new stake in shares of Frontier Group in the second quarter valued at $5,387,000. Bank of America Corp DE raised its position in Frontier Group by 39.2% during the third quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock valued at $13,366,000 after buying an additional 852,798 shares during the period. HRT Financial LP lifted its stake in Frontier Group by 932.1% in the 4th quarter. HRT Financial LP now owns 817,425 shares of the company’s stock worth $3,850,000 after acquiring an additional 738,228 shares in the last quarter. Millennium Management LLC boosted its position in Frontier Group by 200.0% during the 3rd quarter. Millennium Management LLC now owns 778,837 shares of the company’s stock worth $3,439,000 after acquiring an additional 519,247 shares during the period. Finally, Voleon Capital Management LP grew its stake in Frontier Group by 242.8% during the 3rd quarter. Voleon Capital Management LP now owns 715,417 shares of the company’s stock valued at $3,159,000 after acquiring an additional 506,704 shares in the last quarter.

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.