What is Zacks Research’s Estimate for ALGT FY2026 Earnings?

Allegiant Travel Company (NASDAQ:ALGT) – Research analysts at Zacks Research upped their FY2026 earnings per share estimates for shares of Allegiant Travel in a research note issued to investors on Tuesday, January 6th. Zacks Research analyst Team now forecasts that the transportation company will post earnings of $5.58 per share for the year, up from their prior estimate of $5.55. Zacks Research currently 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.

Allegiant Travel (NASDAQ:ALGT) last released its quarterly earnings results on Thursday, May 12th. The transportation company reported $1.18 earnings per share (EPS) for the quarter. The company had revenue of $496.88 million during the quarter. Allegiant Travel had a negative net margin of 11.36% and a positive return on equity of 5.24%. Allegiant Travel has set its FY 2025 guidance at 3.000- EPS and its Q4 2025 guidance at 1.500-2.500 EPS.

ALGT has been the subject of several other reports. Susquehanna boosted their price objective on shares of Allegiant Travel from $65.00 to $70.00 and gave the company a “neutral” rating in a report on Friday, November 14th. Barclays boosted their target price on shares of Allegiant Travel from $52.00 to $60.00 and gave the company an “equal weight” rating in a research note on Wednesday, October 1st. Wall Street Zen raised Allegiant Travel from a “sell” rating to a “hold” rating in a report on Sunday, December 28th. Weiss Ratings reaffirmed a “sell (d)” rating on shares of Allegiant Travel in a report on Wednesday, October 8th. Finally, Citigroup upped their price objective on Allegiant Travel from $88.00 to $109.00 and gave the company a “neutral” rating in a research report on Wednesday. One equities research analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, eight have given a Hold rating and one has given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock has an average rating of “Hold” and a consensus target price of $85.36.

Allegiant Travel Trading Down 0.5%

ALGT opened at $92.47 on Wednesday. The company has a quick ratio of 0.95, a current ratio of 0.98 and a debt-to-equity ratio of 1.76. Allegiant Travel has a 52 week low of $39.80 and a 52 week high of $107.57. The stock has a market cap of $1.69 billion, a PE ratio of -5.67, a PEG ratio of 0.25 and a beta of 1.64. The business has a 50 day moving average of $77.70 and a 200-day moving average of $65.26.

Institutional Trading of Allegiant Travel

A number of hedge funds and other institutional investors have recently bought and sold shares of ALGT. Hantz Financial Services Inc. raised its stake in Allegiant Travel by 442.0% during the 3rd quarter. Hantz Financial Services Inc. now owns 542 shares of the transportation company’s stock worth $33,000 after acquiring an additional 442 shares during the period. Steward Partners Investment Advisory LLC increased its stake in shares of Allegiant Travel by 28.3% in the second quarter. Steward Partners Investment Advisory LLC now owns 930 shares of the transportation company’s stock worth $51,000 after purchasing an additional 205 shares in the last quarter. GAMMA Investing LLC raised its position in shares of Allegiant Travel by 58.1% during the 2nd quarter. GAMMA Investing LLC now owns 1,108 shares of the transportation company’s stock valued at $61,000 after purchasing an additional 407 shares during the period. NewEdge Advisors LLC lifted its stake in shares of 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 buying an additional 373 shares in the last quarter. Finally, AlphaQuest LLC boosted its holdings in Allegiant Travel by 119.2% in the 3rd quarter. AlphaQuest LLC now owns 1,120 shares of the transportation company’s stock worth $68,000 after buying an additional 609 shares during the period. Hedge funds and other institutional investors own 85.81% of the company’s stock.

Allegiant Travel News Summary

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

• Positive Sentiment: Citi raised its price target to $109 from $88, signaling materially higher valuation expectations versus prior guidance; that increase supports further upside if company performance matches revised forecasts. Allegiant Travel price target raised to $109 from $88 at Citi
• Positive Sentiment: Zacks Research raised multiple quarterly and full‑year EPS estimates (Q2, Q3, Q4 and FY2026/FY2027) and maintains a “Strong‑Buy” view — the model lifts imply higher future earnings power (Zacks now forecasts FY2027 materially above current consensus). (Zacks Research releases)
• Neutral Sentiment: BofA upgraded Allegiant to Neutral from Underperform; that removes a negative rating but stops short of a Buy — a moderation that often produces lukewarm trading reactions. Bank of America Upgrades Allegiant Travel (NASDAQ:ALGT) to Neutral
• Neutral Sentiment: Aggregated brokerage recommendations show an average “Hold” rating, which helps explain why upgraded estimates haven’t translated into a stronger rally — broad consensus remains cautious. Allegiant Travel Company (NASDAQ:ALGT) Given Average Recommendation of “Hold” by Brokerages
• Neutral Sentiment: Analyst/industry commentary is highlighting Allegiant’s network-densification strategy as a potential long-term positive for unit economics and growth, but market participants appear to be waiting for clearer proof in results before repricing the stock. Is Allegiant Travel’s (ALGT) Network Densification Strategy Quietly Reshaping Its Investment Story?

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.