Allegiant Travel (NASDAQ:ALGT) Updates Q1 2026 Earnings Guidance

Allegiant Travel (NASDAQ:ALGT) issued an update on its first quarter 2026 earnings guidance on Thursday morning. The company provided earnings per share (EPS) guidance of 3.250-3.750 for the period, compared to the consensus estimate of 3.090. The company issued revenue guidance of -.

Allegiant Travel Stock Performance

Shares of ALGT opened at $86.88 on Friday. The company has a current ratio of 0.95, a quick ratio of 0.92 and a debt-to-equity ratio of 1.60. The firm’s fifty day simple moving average is $92.08 and its two-hundred day simple moving average is $80.87. Allegiant Travel has a 12 month low of $39.80 and a 12 month high of $118.00. The stock has a market capitalization of $1.60 billion, a P/E ratio of -33.81, a price-to-earnings-growth ratio of 0.32 and a beta of 1.63.

Analysts Set New Price Targets

Several equities research analysts recently commented on the company. Evercore raised their target price on Allegiant Travel from $120.00 to $125.00 and gave the stock an “outperform” rating in a research note on Thursday, February 5th. Deutsche Bank Aktiengesellschaft upgraded Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 price target on the stock in a report on Friday, December 12th. Wall Street Zen raised shares of Allegiant Travel from a “sell” rating to a “hold” rating in a research report on Sunday, December 28th. Wolfe Research upgraded shares of Allegiant Travel from a “peer perform” rating to an “outperform” rating and set a $108.00 target price on the stock in a research report on Tuesday, January 20th. Finally, Raymond James Financial lowered shares of Allegiant Travel from a “strong-buy” rating to an “outperform” rating and increased their target price for the stock from $78.00 to $98.00 in a research note on Friday, December 19th. Five analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has given a Sell rating to the company. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of $97.91.

Insiders Place Their Bets

In other Allegiant Travel news, Chairman Maurice J. Gallagher, Jr. sold 175,000 shares of the stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $114.23, for a total value of $19,990,250.00. Following the transaction, the chairman owned 1,962,348 shares in the company, valued at approximately $224,159,012.04. This represents a 8.19% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Over the last 90 days, insiders sold 300,000 shares of company stock worth $34,350,512. 14.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Allegiant Travel

A number of large investors have recently modified their holdings of the company. NewEdge Advisors LLC increased its stake in Allegiant Travel by 43.7% during the 2nd quarter. NewEdge Advisors LLC now owns 1,227 shares of the transportation company’s stock valued at $67,000 after purchasing an additional 373 shares in the last quarter. iSAM Funds UK Ltd bought a new position in shares of Allegiant Travel in the third quarter valued at $69,000. State of Wyoming acquired a new position in shares of Allegiant Travel during the second quarter valued at about $159,000. Tower Research Capital LLC TRC grew its holdings in shares of Allegiant Travel by 856.1% during the second quarter. Tower Research Capital LLC TRC now owns 3,308 shares of the transportation company’s stock valued at $182,000 after buying an additional 2,962 shares during the last quarter. Finally, FourThought Financial Partners LLC bought a new stake in shares of Allegiant Travel during the third quarter worth about $202,000. 85.81% of the stock is currently owned by institutional investors.

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.