Frontier Group (NASDAQ:ULCC) Updates Q3 2026 Earnings Guidance

Frontier Group (NASDAQ:ULCC) issued an update on its third quarter 2026 earnings guidance on Wednesday morning. The company provided earnings per share guidance of -0.100-0.100 for the period, compared to the consensus estimate of -0.240. The company issued revenue guidance of -. Frontier Group also updated its Q4 2026 guidance to 0.000-0.200 EPS.

Wall Street Analysts Forecast Growth

A number of research firms have weighed in on ULCC. Weiss Ratings restated a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Barclays raised their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company an “underweight” rating in a research report on Thursday, June 25th. Citigroup boosted their price objective on shares of Frontier Group from $5.00 to $9.00 and gave the stock a “neutral” rating in a report on Friday, June 26th. Finally, Susquehanna upped their price objective on Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. One research analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat.com, Frontier Group presently has an average rating of “Reduce” and a consensus price target of $6.86.

Frontier Group Stock Performance

ULCC traded up $0.03 during midday trading on Friday, hitting $7.01. 235,778 shares of the company traded hands, compared to its average volume of 4,711,761. The company’s 50-day moving average is $6.54 and its 200 day moving average is $5.18. The company has a quick ratio of 0.44, a current ratio of 0.49 and a debt-to-equity ratio of 1.75. The firm has a market capitalization of $1.61 billion, a PE ratio of -4.18 and a beta of 2.56. Frontier Group has a 52 week low of $3.02 and a 52 week high of $8.40.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Wednesday, July 29th. The company reported ($0.10) earnings per share for the quarter, beating the consensus estimate of ($0.47) by $0.37. The firm had revenue of $1.28 billion during the quarter, compared to analysts’ expectations of $1.22 billion. Frontier Group had a negative net margin of 9.29% and a negative return on equity of 29.82%. The firm’s quarterly revenue was up 37.7% on a year-over-year basis. During the same period in the previous year, the company earned ($0.31) earnings per share. Frontier Group has set its Q4 2026 guidance at 0.000-0.200 EPS and its Q3 2026 guidance at -0.100-0.100 EPS. On average, research analysts expect that Frontier Group will post -0.74 EPS for the current year.

Insider Transactions at Frontier Group

In related news, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of Frontier Group stock in a transaction on Thursday, July 9th. The stock was sold at an average price of $7.20, for a total value of $84,240,000.00. Following the completion of the sale, the insider owned 22,706,526 shares of the company’s stock, valued at $163,486,987.20. The trade was a 34.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available at this link. Also, VP Trevor J. Stedke sold 83,110 shares of the stock in a transaction dated Thursday, May 7th. The shares were sold at an average price of $5.41, for a total value of $449,625.10. Following the completion of the transaction, the vice president directly owned 167,277 shares in the company, valued at approximately $904,968.57. This represents a 33.19% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last quarter, insiders sold 11,811,670 shares of company stock worth $84,843,756. Company insiders own 48.00% of the company’s stock.

Institutional Investors Weigh In On Frontier Group

A number of institutional investors have recently bought and sold shares of the business. Invesco Ltd. lifted its position in shares of Frontier Group by 29.4% in the fourth quarter. Invesco Ltd. now owns 251,047 shares of the company’s stock valued at $1,182,000 after acquiring an additional 57,055 shares in the last quarter. Numerai GP LLC raised its stake in Frontier Group by 530.6% during the 4th quarter. Numerai GP LLC now owns 86,544 shares of the company’s stock valued at $408,000 after purchasing an additional 72,819 shares during the period. Caption Management LLC raised its stake in Frontier Group by 19.8% during the 4th quarter. Caption Management LLC now owns 59,900 shares of the company’s stock valued at $282,000 after purchasing an additional 9,900 shares during the period. Russell Investments Group Ltd. lifted its holdings in Frontier Group by 37.5% in the 4th quarter. Russell Investments Group Ltd. now owns 191,298 shares of the company’s stock worth $901,000 after purchasing an additional 52,146 shares in the last quarter. Finally, ExodusPoint Capital Management LP purchased a new position in Frontier Group in the 4th quarter worth approximately $592,000.

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.