Allegiant Travel (NASDAQ:ALGT) Price Target Raised to $100.00

Allegiant Travel (NASDAQ:ALGT) had its price target hoisted by Morgan Stanley from $85.00 to $100.00 in a report issued on Thursday,Benzinga reports. They currently have an equal weight rating on the transportation company’s stock.

Several other equities analysts have also recently issued reports on the company. Wall Street Zen raised Allegiant Travel from a “sell” rating to a “hold” rating in a research note on Sunday, December 28th. Wolfe Research raised shares of Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 price objective on the stock in a research report on Tuesday, January 20th. Bank of America upgraded shares of Allegiant Travel from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $55.00 to $95.00 in a report on Tuesday, January 6th. Raymond James Financial lowered shares of Allegiant Travel from a “strong-buy” rating to an “outperform” rating and lifted their target price for the company from $78.00 to $98.00 in a research note on Friday, December 19th. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of 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. Five research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company presently has an average rating of “Hold” and a consensus price target of $100.18.

Allegiant Travel Price Performance

Shares of NASDAQ ALGT opened at $114.79 on Thursday. Allegiant Travel has a 1-year low of $39.80 and a 1-year high of $117.26. The firm has a market cap of $2.10 billion, a price-to-earnings ratio of -44.67, a price-to-earnings-growth ratio of 0.27 and a beta of 1.64. The company has a current ratio of 0.98, a quick ratio of 0.95 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 $70.72.

Hedge Funds Weigh In On Allegiant Travel

A number of institutional investors and hedge funds have recently made changes to their positions in the business. Hantz Financial Services Inc. boosted its position in shares of Allegiant Travel by 442.0% in the 3rd quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock worth $33,000 after purchasing an additional 442 shares in the last quarter. Signaturefd LLC raised its stake in Allegiant Travel by 27.3% during the fourth quarter. Signaturefd LLC now owns 546 shares of the transportation company’s stock valued at $47,000 after buying an additional 117 shares during the last quarter. Steward Partners Investment Advisory LLC boosted its holdings in Allegiant Travel by 28.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock worth $51,000 after acquiring an additional 205 shares in the last quarter. NewEdge Advisors LLC boosted its stake in Allegiant Travel by 43.7% in the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock worth $67,000 after purchasing an additional 373 shares in the last quarter. Finally, AlphaQuest LLC lifted 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 buying an additional 609 shares in the last quarter. Institutional investors own 85.81% of the company’s stock.

More Allegiant Travel News

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.