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

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

Analyst Ratings Changes

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

Frontier Group Stock Performance

Shares of ULCC opened at $6.23 on Wednesday. The company has a current ratio of 0.49, a quick ratio of 0.44 and a debt-to-equity ratio of 1.75. Frontier Group has a 12-month low of $3.02 and a 12-month high of $8.40. The stock has a market cap of $1.43 billion, a P/E ratio of -3.89 and a beta of 2.56. The company has a 50-day moving average of $6.46 and a two-hundred day moving average of $5.16.

Frontier Group (NASDAQ:ULCC) last announced its earnings results on Wednesday, July 29th. The company reported ($0.10) EPS for the quarter, beating analysts’ consensus estimates of ($0.47) by $0.37. Frontier Group had a negative return on equity of 39.20% and a negative net margin of 9.62%.The firm had revenue of $1.28 billion for the quarter, compared to analysts’ expectations of $1.22 billion. 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. As a group, research analysts predict that Frontier Group will post -0.74 EPS for the current fiscal year.

Insider Activity

In other Frontier Group news, major shareholder Group Holdings – Frontier Llc sold 11,700,000 shares of the company’s stock in a transaction dated Thursday, July 9th. The stock was sold at an average price of $7.20, for a total transaction of $84,240,000.00. Following the completion of the sale, the insider directly owned 22,706,526 shares in the company, valued at $163,486,987.20. This represents a 34.01% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is available through this hyperlink. Also, CAO Josh A. Wetzel sold 13,500 shares of Frontier Group stock in a transaction on Thursday, May 21st. The shares were sold at an average price of $4.75, for a total transaction of $64,125.00. Following the transaction, the chief accounting officer owned 12,061 shares in the company, valued at $57,289.75. The trade was a 52.81% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 11,811,670 shares of company stock valued at $84,843,756 in the last three months. Company insiders own 48.00% of the company’s stock.

Hedge Funds Weigh In On Frontier Group

Several large investors have recently modified their holdings of the stock. Caitong International Asset Management Co. Ltd bought a new stake in Frontier Group in the third quarter valued at about $27,000. Quarry LP bought a new stake in shares of Frontier Group in the 4th quarter worth approximately $34,000. Brooklyn Investment Group grew its position in shares of Frontier Group by 490.7% during the third quarter. Brooklyn Investment Group now owns 10,928 shares of the company’s stock worth $48,000 after acquiring an additional 9,078 shares during the last quarter. Numerai GP LLC bought a new stake in Frontier Group in the 3rd quarter valued at about $61,000. Finally, AQR Capital Management LLC lifted its position in Frontier Group by 46.0% in the 1st quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock valued at $81,000 after purchasing an additional 5,913 shares during the last quarter.

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.