Citigroup Raises Allegiant Travel (NASDAQ:ALGT) Price Target to $114.00

Allegiant Travel (NASDAQ:ALGT) had its price target increased by analysts at Citigroup from $109.00 to $114.00 in a report released on Thursday,Benzinga reports. The brokerage currently has a “neutral” rating on the transportation company’s stock. Citigroup’s price target points to a potential downside of 0.69% from the company’s current price.

Several other analysts have also recently weighed in on ALGT. Barclays increased their price target on shares of Allegiant Travel from $60.00 to $95.00 and gave the company an “equal weight” rating in a research note on Monday, January 12th. Susquehanna raised their target price on Allegiant Travel from $70.00 to $100.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Deutsche Bank Aktiengesellschaft upgraded Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a research report on Friday, December 12th. Morgan Stanley increased their price target on Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday. Finally, Wall Street Zen upgraded shares of Allegiant Travel from a “sell” rating to a “hold” rating in a report on Sunday, December 28th. Five equities research analysts have rated the stock with a Buy rating, seven have assigned a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Allegiant Travel has a consensus rating of “Hold” and an average target price of $100.18.

Allegiant Travel Stock Up 15.5%

Shares of ALGT opened at $114.79 on Thursday. Allegiant Travel has a 52-week low of $39.80 and a 52-week high of $117.26. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 1.76. The stock has a fifty day simple moving average of $87.75 and a two-hundred day simple moving average of $70.59. The company has a market capitalization of $2.10 billion, a PE ratio of -44.67, a price-to-earnings-growth ratio of 0.23 and a beta of 1.64.

Allegiant Travel (NASDAQ:ALGT) last announced its quarterly earnings results on Tuesday, November 4th. The transportation company reported ($2.09) earnings per share for the quarter, missing the consensus estimate of ($1.84) by ($0.25). Allegiant Travel had a negative net margin of 1.71% and a positive return on equity of 6.60%. The firm had revenue of $561.93 million for the quarter, compared to analyst estimates of $575.13 million. During the same period in the previous year, the firm posted ($2.02) EPS. The company’s revenue was down .1% compared to the same quarter last year. As a group, equities analysts forecast that Allegiant Travel will post 7.7 EPS for the current year.

Institutional Trading of Allegiant Travel

A number of institutional investors and hedge funds have recently bought and sold shares of the business. Hantz Financial Services Inc. boosted its stake in shares of Allegiant Travel by 442.0% in the third quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock valued at $33,000 after purchasing an additional 442 shares during the period. Signaturefd LLC lifted its holdings in Allegiant Travel by 27.3% during the 4th quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock worth $47,000 after buying an additional 117 shares in the last quarter. Steward Partners Investment Advisory LLC boosted its position in Allegiant Travel by 28.3% in the 2nd quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock valued at $51,000 after buying an additional 205 shares during the period. AlphaQuest LLC grew its stake in shares of Allegiant Travel by 119.2% in the third quarter. AlphaQuest LLC now owns 1,120 shares of the transportation company’s stock worth $68,000 after acquiring an additional 609 shares in the last quarter. Finally, iSAM Funds UK Ltd purchased a new stake in shares of Allegiant Travel during the third quarter worth $69,000. 85.81% of the stock is currently owned by hedge funds and other institutional investors.

Allegiant Travel News Summary

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

• Positive Sentiment: Q4 beat and upbeat 2026 outlook: Allegiant reported stronger-than-expected Q4 results and management forecasted robust 2026 growth, which is the primary driver of the rally. These results and the growth outlook signal improving demand and profitability. Investing.com: Allegiant Travel beats Q4 estimates, forecasts strong 2026 growth
• Positive Sentiment: Material earnings surprise on EPS: Street coverage (Zacks) shows Allegiant topped Q4 EPS and revenue estimates, with reported EPS well above consensus — reinforcing the perception of operational strength. Zacks: ALGT tops Q4 estimates
• Positive Sentiment: Positive analyst / value narrative: A Zacks feature highlighted ALGT as a strong value candidate under their style scores, likely drawing attention from value-oriented investors. Zacks: Here’s Why ALGT is a Strong Value Stock
• Neutral Sentiment: Analyst target changes but cautious ratings: Citigroup raised its price target slightly (to $114) but kept a “neutral” rating, and Morgan Stanley raised its target to $100 while maintaining an “equal weight” view — these are not bullish upgrades in conviction and reflect mixed analyst sentiment. Benzinga: analyst target notes
• Neutral Sentiment: Earnings call highlights and risk commentary: Transcripts and write-ups summarize that management signaled strength (demand trends, unit revenue improvements) but also flagged operational and cost risks — supportive but cautionary context for the beat. TipRanks: Earnings call signals strength amid risks
• Neutral Sentiment: Multiple public transcripts available: Full Q4 2025 earnings call transcripts and the investor presentation are live for deeper read-throughs if you want management detail and KPI context. Seeking Alpha: Q4 presentation and transcripts
• Neutral Sentiment: Short-interest entry appears unreliable: A recent short-interest entry in the feed shows nonsensical values (zero shares / NaN). There’s no clear evidence here of a material short squeeze — treat the short-interest data as unreliable until a clean report is posted. (No link — data appears corrupted.)

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.