Zacks Research Has Bullish Forecast for ALGT FY2026 Earnings

Allegiant Travel Company (NASDAQ:ALGT) – Stock analysts at Zacks Research increased their FY2026 earnings per share estimates for shares of Allegiant Travel in a report released on Tuesday, January 6th. Zacks Research analyst Team now anticipates that the transportation company will earn $5.58 per share for the year, up from their previous forecast of $5.55. Zacks Research has a “Strong-Buy” 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 Q4 2026 earnings at $2.53 EPS, Q1 2027 earnings at $1.09 EPS, Q4 2027 earnings at $3.60 EPS and FY2027 earnings at $8.86 EPS.

Several other equities analysts also recently weighed in on the stock. Wall Street Zen upgraded shares of Allegiant Travel from a “sell” rating to a “hold” rating in a research note on Sunday, December 28th. 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. Weiss Ratings restated a “sell (d)” rating on shares of Allegiant Travel in a report on Wednesday, October 8th. Citigroup started coverage on Allegiant Travel in a research report on Thursday, December 4th. They set a “neutral” rating and a $88.00 price objective for the company. Finally, Barclays raised their price objective on shares of Allegiant Travel from $52.00 to $60.00 and gave the company an “equal weight” rating in a research report on Wednesday, October 1st. One analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat, Allegiant Travel presently has a consensus rating of “Hold” and a consensus target price of $83.45.

Allegiant Travel Price Performance

NASDAQ:ALGT opened at $93.20 on Wednesday. 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 firm has a fifty day simple moving average of $76.46 and a 200 day simple moving average of $64.88. Allegiant Travel has a 1-year low of $39.80 and a 1-year high of $107.57. The stock has a market capitalization of $1.71 billion, a PE ratio of -5.72, a P/E/G ratio of 0.27 and a beta of 1.64.

Allegiant Travel (NASDAQ:ALGT) last announced its quarterly earnings results on Thursday, May 12th. The transportation company reported $1.18 earnings per share (EPS) for the quarter. Allegiant Travel had a negative net margin of 11.36% and a positive return on equity of 5.24%. The firm had revenue of $496.88 million for the quarter.

Institutional Trading of Allegiant Travel

A number of hedge funds have recently made changes to their positions in ALGT. Federated Hermes Inc. raised its stake in Allegiant Travel by 12.9% during the 2nd quarter. Federated Hermes Inc. now owns 215,531 shares of the transportation company’s stock worth $11,843,000 after buying an additional 24,557 shares during the period. Envestnet Asset Management Inc. purchased a new stake in shares of Allegiant Travel in the second quarter worth $205,000. Jump Financial LLC lifted its position in Allegiant Travel by 195.5% during the second quarter. Jump Financial LLC now owns 127,800 shares of the transportation company’s stock valued at $7,023,000 after purchasing an additional 84,555 shares during the last quarter. Bayforest Capital Ltd boosted its stake in Allegiant Travel by 38.7% in the second quarter. Bayforest Capital Ltd now owns 15,714 shares of the transportation company’s stock worth $863,000 after buying an additional 4,381 shares in the last quarter. Finally, Apollo Management Holdings L.P. bought a new position in shares of Allegiant Travel during the second quarter valued at about $6,124,000. Hedge funds and other institutional investors own 85.81% of the company’s stock.

Trending Headlines about Allegiant Travel

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

• Positive Sentiment: Zacks Research raised several near‑term and FY2026/FY2027 EPS estimates (Q4 2026 to $2.53, Q1 2027 to $1.09, Q4 2027 to $3.60, FY2027 to $8.86) and carries a “Strong‑Buy” stance — a direct analytical upgrade to profitability expectations that supports higher valuation.
• Positive Sentiment: Zacks added ALGT to its Rank #1 (Strong Buy) value list, increasing visibility among Zacks‑focused investors and funds. Best Value Stocks to Buy for January 5th
• Neutral Sentiment: Bank of America upgraded ALGT from “Underperform” to “Neutral” and raised its price target to $95 (from $55). The upgrade reduces downside risk vs. prior sentiment but the PT implies limited near‑term upside (~low single digits vs. recent levels). B of A Securities upgrades Allegiant Travel (ALGT)
• Neutral Sentiment: Analyst and media pieces are highlighting Allegiant’s “network densification” strategy as a potential structural positive for unit revenues and margins — supportive for the investment thesis but more strategic than immediately catalytic. Is Allegiant Travel’s (ALGT) Network Densification Strategy Quietly Reshaping Its Investment Story?
• Neutral Sentiment: Summary pieces tracking analyst coverage consolidate the recent upgrades and estimate changes; useful for sentiment context but not new company‑specific catalysts. Where Allegiant Travel Stands With Analysts

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.