Frontier Group (NASDAQ:ULCC) Issues Q4 2026 Earnings Guidance

Frontier Group (NASDAQ:ULCC) updated its fourth quarter 2026 earnings guidance on Friday morning. The company provided earnings per share (EPS) guidance of -0.150-0.050 for the period, compared to the consensus EPS estimate of -0.090.

Frontier Group Price Performance

Shares of ULCC opened at $6.45 on Friday. The company has a market cap of $1.49 billion, a price-to-earnings ratio of -3.60 and a beta of 2.64. Frontier Group has a twelve month low of $3.02 and a twelve month high of $8.40. The company has a quick ratio of 0.54, a current ratio of 0.62 and a debt-to-equity ratio of 10.68. The company has a 50 day moving average of $5.72 and a two-hundred day moving average of $5.43.

Frontier Group (NASDAQ:ULCC) last released its quarterly earnings data on Wednesday, October 28th. The company reported $0.18 EPS for the quarter, beating the consensus estimate of ($0.06) by $0.24. The business had revenue of $1.35 billion for the quarter, compared to the consensus estimate of $1.29 billion. Frontier Group had a negative net margin of 8.93% and a positive return on equity of 1.35%. The business’s revenue for the quarter was up 52.9% on a year-over-year basis. During the same period in the prior year, the firm earned ($0.34) EPS. As a group, analysts predict that Frontier Group will post -0.39 earnings per share for the current fiscal year.

Analyst Upgrades and Downgrades

Several research firms have commented on ULCC. Susquehanna boosted their price target on shares of Frontier Group from $6.00 to $6.50 and gave the stock a “neutral” rating in a report on Thursday. Weiss Ratings restated a “sell (d-)” rating on shares of Frontier Group in a research report on Wednesday. Zacks Research downgraded Frontier Group from a “strong-buy” rating to a “hold” rating in a research report on Thursday, August 27th. Barclays decreased their price target on shares of Frontier Group from $7.00 to $5.00 and set an “underweight” rating on the stock in a report on Friday, September 11th. Finally, UBS Group cut their price target on shares of Frontier Group from $7.00 to $6.00 and set a “neutral” rating on the stock in a report on Thursday, September 24th. Six investment analysts have rated the stock with a Hold rating and three have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Reduce” and an average price target of $6.36.

Insider Transactions at Frontier Group

In other news, SVP Alexandre Clerc sold 3,068 shares of Frontier Group stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.17, for a total value of $25,065.56. Following the transaction, the senior vice president owned 37,488 shares of the company’s stock, valued at $306,276.96. This trade represents a 7.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, VP Trevor J. Stedke sold 167,277 shares of the firm’s stock in a transaction that occurred on Tuesday, August 4th. The shares were sold at an average price of $8.03, for a total value of $1,343,234.31. Additional details regarding this sale are available in the official SEC disclosure. In the last 90 days, insiders sold 342,520 shares of company stock worth $2,735,529. 48.00% of the stock is currently owned by company insiders.

Key Frontier Group News

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

• Positive Sentiment: Frontier reported third-quarter adjusted earnings of $0.18 per share, well above the consensus estimate for a $0.06 loss. Revenue rose 52.9% year over year to $1.36 billion, exceeding expectations of $1.29 billion. Frontier Group Holdings Earnings Beat Puts Its Valuation Back In Focus
• Positive Sentiment: Management projected fourth-quarter revenue per available seat mile to increase more than 20%, alongside 5%–6% capacity growth. Analysts attributed the improvement to stronger passenger demand and network adjustments, which helped offset higher jet-fuel costs. Frontier Projects Q4 RASM Growth
• Neutral Sentiment: Frontier issued fourth-quarter 2026 EPS guidance of negative $0.15 to negative $0.05, compared with analysts’ consensus estimate of negative $0.09. The range indicates continued seasonal losses, although the midpoint is broadly in line with expectations.
• Neutral Sentiment: Susquehanna raised its price target from $6.00 to $6.50 while maintaining a neutral rating, implying only modest upside and suggesting that much of the earnings improvement may already be reflected in ULCC’s valuation. Susquehanna Frontier Group Rating
• Negative Sentiment: Barclays initiated or reiterated a sell recommendation on Frontier, adding pressure after the earnings-related rebound. The bearish view likely reflects the airline’s negative full-year earnings outlook, elevated leverage, and sensitivity to fuel prices. Frontier Group Receives a Sell From Barclays
• Negative Sentiment: Frontier raised its fuel-cost outlook to approximately $4.75 per gallon. Higher fuel expenses could erode the benefit of stronger revenue and capacity growth, leaving investors focused on whether the earnings improvement can persist.

Frontier Group Company Profile

Frontier Group Holdings, Inc is the parent company of Frontier Airlines, an ultra-low-cost passenger airline headquartered in Denver, Colorado. The company operates a low-fare, point-to-point air transportation business, primarily serving leisure travelers and price-conscious customers.

Frontier Airlines offers scheduled flights to destinations across the United States, as well as selected locations in the Caribbean and Latin America. Its business model emphasizes low base fares with additional charges for optional services such as checked baggage, seat selection, priority boarding and other travel-related products.

Frontier Airlines traces its roots to 1994 and has expanded its network through a fleet focused largely on Airbus narrow-body aircraft.