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

Frontier Group (NASDAQ:ULCC) issued an update on its fourth quarter 2026 earnings guidance on Wednesday morning. The company provided EPS guidance of 0.000-0.200 for the period, compared to the consensus earnings per share estimate of 0.130. The company issued revenue guidance of -. Frontier Group also updated its Q3 2026 guidance to -0.100-0.100 EPS.

Analyst Ratings Changes

ULCC has been the topic of a number of research analyst reports. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Frontier Group in a research note on Tuesday, May 19th. Citigroup upped their price objective on shares of Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a research note on Friday, June 26th. Susquehanna upped their price target on Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research report on Tuesday, July 7th. Barclays lifted their price target on Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Finally, UBS Group increased their price target on shares of Frontier Group from $4.00 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday, June 23rd. Five equities research analysts have rated the stock with a Hold rating and three have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, Frontier Group currently has a consensus rating of “Reduce” and an average price target of $6.86.

Frontier Group Price Performance

NASDAQ ULCC traded up $0.44 during trading hours on Wednesday, reaching $6.67. The company’s stock had a trading volume of 3,595,266 shares, compared to its average volume of 4,716,317. The company has a debt-to-equity ratio of 1.75, a quick ratio of 0.44 and a current ratio of 0.49. The stock has a market cap of $1.53 billion, a PE ratio of -4.18 and a beta of 2.56. The company’s 50-day moving average is $6.46 and its two-hundred day moving average is $5.16. Frontier Group has a fifty-two week low of $3.02 and a fifty-two week high of $8.40.

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. During the same quarter in the prior year, the firm earned ($0.31) EPS. Frontier Group’s quarterly revenue was up 37.7% on a year-over-year basis. 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. Analysts forecast that Frontier Group will post -0.74 EPS for the current year.

Insider Transactions at Frontier Group

In other news, SVP Alexandre Clerc sold 5,060 shares of the stock in a transaction that occurred on Tuesday, June 2nd. The stock was sold at an average price of $5.93, for a total transaction of $30,005.80. Following the completion of the transaction, the senior vice president directly owned 47,698 shares in the company, valued at approximately $282,849.14. This represents a 9.59% decrease in their position. The transaction was disclosed in a filing with the SEC, which can be accessed through this hyperlink. Also, SVP Steve Schuller sold 10,000 shares of the company’s stock in a transaction dated Friday, June 5th. The shares were sold at an average price of $6.00, for a total transaction of $60,000.00. Following the completion of the sale, the senior vice president owned 97,175 shares in the company, valued at approximately $583,050. This trade represents a 9.33% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last three months, insiders sold 11,811,670 shares of company stock valued at $84,843,756. Corporate insiders own 48.00% of the company’s stock.

Frontier Group News Summary

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

• Positive Sentiment: Large earnings beat: Frontier reported an adjusted loss of $0.10 per share, significantly narrower than the $0.47 loss analysts expected and improved from a $0.31 loss in the year-ago quarter. Frontier Group Holdings Reports Q2 Loss, Beats Revenue Estimates
• Positive Sentiment: Record revenue and strong demand: Second-quarter revenue reached approximately $1.28 billion, topping the $1.22 billion consensus estimate and rising 37.7% year over year. The revenue performance was driven by record quarterly sales and supports the view that travel demand remains resilient. Frontier Airlines Delivers Record Second Quarter 2026 Revenue
• Positive Sentiment: More favorable third-quarter outlook: Frontier guided to third-quarter EPS between a $0.10 loss and $0.10 profit, compared with the consensus estimate for a $0.24 loss. This implies a potentially faster improvement in profitability than Wall Street had anticipated.
• Neutral Sentiment: Fourth-quarter guidance indicates possible profitability: The company forecast EPS between breakeven and $0.20, versus analysts’ $0.13 estimate. Although the range includes the consensus forecast, the upper end suggests meaningful upside if operating conditions remain favorable.
• Negative Sentiment: Frontier remains unprofitable: Despite the earnings beat, the company posted a quarterly loss, along with a negative 9.62% net margin and negative 39.20% return on equity. Investors will likely focus on whether higher revenue can translate into sustained profits.

Institutional Inflows and Outflows

Institutional investors and hedge funds have recently bought and sold shares of the company. AQR Capital Management LLC boosted its holdings in shares of Frontier Group by 46.0% during the first quarter. AQR Capital Management LLC now owns 18,777 shares of the company’s stock worth $81,000 after purchasing an additional 5,913 shares during the period. Goldman Sachs Group Inc. boosted its holdings in Frontier Group by 33.0% in the 1st quarter. Goldman Sachs Group Inc. now owns 1,013,456 shares of the company’s stock valued at $4,398,000 after purchasing an additional 251,509 shares during the period. Rhumbline Advisers increased its stake in Frontier Group by 7.1% during the second quarter. Rhumbline Advisers now owns 117,984 shares of the company’s stock valued at $428,000 after acquiring an additional 7,791 shares during the period. Invesco Ltd. lifted its position in Frontier Group by 35.1% in the second quarter. Invesco Ltd. now owns 108,806 shares of the company’s stock worth $395,000 after purchasing an additional 28,256 shares during the period. Finally, First Trust Advisors LP acquired a new position in Frontier Group in the second quarter worth about $477,000.

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.