Q1 EPS Forecast for Allegiant Travel Increased by Analyst

Allegiant Travel Company (NASDAQ:ALGT) – Analysts at Zacks Research upped their Q1 2026 earnings per share estimates for Allegiant Travel in a report released on Wednesday, February 18th. Zacks Research analyst Team now expects that the transportation company will earn $3.01 per share for the quarter, up from their prior forecast of $1.85. Zacks Research has a “Hold” rating on the stock. The consensus estimate for Allegiant Travel’s current full-year earnings is $7.70 per share. Zacks Research also issued estimates for Allegiant Travel’s Q2 2026 earnings at $2.44 EPS, Q3 2026 earnings at ($0.49) EPS, Q4 2026 earnings at $3.09 EPS, FY2026 earnings at $8.05 EPS, Q1 2027 earnings at $3.06 EPS, Q3 2027 earnings at $2.05 EPS, Q4 2027 earnings at $2.97 EPS and FY2027 earnings at $10.24 EPS.

Several other analysts have also recently commented on the company. Wolfe Research upgraded Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 target price on the stock in a report on Tuesday, January 20th. Susquehanna reaffirmed a “positive” rating and issued a $110.00 price objective on shares of Allegiant Travel in a research note on Friday, February 6th. Evercore increased their price objective on shares of Allegiant Travel from $120.00 to $125.00 and gave the stock an “outperform” rating in a research report on Thursday, February 5th. Raymond James Financial lowered shares of Allegiant Travel from a “strong-buy” rating to an “outperform” rating and boosted their target price for the company from $78.00 to $98.00 in a report on Friday, December 19th. Finally, UBS Group upped their price target on shares of Allegiant Travel from $90.00 to $102.00 and gave the company a “neutral” rating in a research report on Thursday, February 5th. 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’s stock. According to MarketBeat, Allegiant Travel has an average rating of “Hold” and an average price target of $100.18.

Allegiant Travel Trading Up 3.3%

Shares of ALGT stock opened at $107.62 on Monday. Allegiant Travel has a 1-year low of $39.80 and a 1-year high of $118.00. 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 market cap of $1.97 billion, a price-to-earnings ratio of -41.88, a PEG ratio of 0.25 and a beta of 1.64. The stock has a 50-day moving average of $93.60 and a 200-day moving average of $75.08.

Insider Buying and Selling

In other Allegiant Travel news, Chairman Maurice J. Gallagher, Jr. sold 861 shares of Allegiant Travel stock in a transaction on Tuesday, February 10th. The shares were sold at an average price of $114.00, for a total value of $98,154.00. Following the completion of the sale, the chairman directly owned 150,000 shares of the company’s stock, valued at approximately $17,100,000. The trade was a 0.57% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Insiders have sold 300,000 shares of company stock valued at $34,350,512 in the last ninety days. Company insiders own 14.70% of the company’s stock.

Institutional Trading of Allegiant Travel

Large investors have recently made changes to their positions in the company. XTX Topco Ltd acquired a new position in Allegiant Travel during the 4th quarter worth approximately $1,703,000. Susquehanna Fundamental Investments LLC increased its holdings in shares of Allegiant Travel by 196.6% during the fourth quarter. Susquehanna Fundamental Investments LLC now owns 29,572 shares of the transportation company’s stock valued at $2,522,000 after acquiring an additional 19,601 shares in the last quarter. Millennium Management LLC raised its position in shares of Allegiant Travel by 0.5% during the fourth quarter. Millennium Management LLC now owns 27,453 shares of the transportation company’s stock worth $2,341,000 after purchasing an additional 134 shares during the period. Man Group plc lifted its holdings in shares of Allegiant Travel by 16.0% in the 4th quarter. Man Group plc now owns 29,488 shares of the transportation company’s stock worth $2,514,000 after purchasing an additional 4,065 shares in the last quarter. Finally, Balyasny Asset Management L.P. acquired a new stake in Allegiant Travel in the 4th quarter valued at $16,405,000. 85.81% of the stock is currently owned by institutional investors and hedge funds.

More Allegiant Travel News

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

• Positive Sentiment: Zacks raised FY2026 EPS to $8.05 (from $5.58) and FY2027 EPS to $10.24 (from $8.86), lifting the medium‑term earnings outlook — a clear positive driver for the stock. Article
• Positive Sentiment: Near-term quarterly upgrades: Q1 2026 to $3.01, Q2 2026 to $2.44 and Q4 2026 to $3.09 — implies stronger upcoming cash flow and supports a re‑rating. Article
• Positive Sentiment: Q3 2026 loss forecast was narrowed (from -$0.74 to -$0.49), reducing expected volatility in the mid‑year quarter. Article
• Neutral Sentiment: Zacks retained a “Hold” rating — upgrades in estimates improved the picture but the analyst view on valuation/risks remains cautious. Article
• Negative Sentiment: Some 2027 quarter estimates were trimmed (Q3 2027 to $2.05 from $2.29; Q4 2027 to $2.97 from $3.60), suggesting Zacks sees slower momentum later in the planning horizon — a potential headwind for longer‑term upside. Article

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.