Allegiant Travel (NASDAQ:ALGT) Releases 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 Up 0.4%

ALGT traded up $0.35 during trading on Thursday, hitting $86.88. The company had a trading volume of 493,547 shares, compared to its average volume of 543,523. The company has a market cap of $1.60 billion, a PE ratio of -33.81, a P/E/G ratio of 0.24 and a beta of 1.63. The business has a 50-day moving average of $92.17 and a 200-day moving average of $80.83. The company has a debt-to-equity ratio of 1.60, a current ratio of 0.95 and a quick ratio of 0.92. Allegiant Travel has a 1-year low of $39.80 and a 1-year high of $118.00.

Wall Street Analysts Forecast Growth

ALGT has been the topic of a number of research reports. Raymond James Financial cut 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 report on Friday, December 19th. Weiss Ratings reissued a “sell (d)” rating on shares of Allegiant Travel in a report on Wednesday, January 21st. Deutsche Bank Aktiengesellschaft raised shares of Allegiant Travel from a “hold” rating to a “buy” rating and set a $105.00 target price on the stock in a report on Friday, December 12th. Morgan Stanley increased their target price on shares of Allegiant Travel from $85.00 to $100.00 and gave the stock an “equal weight” rating in a report on Thursday, February 5th. Finally, Barclays increased their target price on shares of Allegiant Travel from $60.00 to $95.00 and gave the stock an “equal weight” rating in a report on Monday, January 12th. Five equities research analysts have rated the stock with a Buy rating, seven have issued a Hold rating and one has assigned a Sell rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of $97.91.

Insider Activity at Allegiant Travel

In other news, Chairman Maurice J. Gallagher, Jr. sold 175,000 shares of the company’s stock in a transaction dated Friday, February 6th. The shares were sold at an average price of $114.23, for a total transaction of $19,990,250.00. Following the completion of 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 transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Insiders have sold a total of 300,000 shares of company stock worth $34,350,512 in the last three months. 14.70% of the stock is currently owned by corporate insiders.

Hedge Funds Weigh In On Allegiant Travel

Institutional investors have recently modified their holdings of the company. Verition Fund Management LLC bought a new position in shares of Allegiant Travel during the fourth quarter worth about $222,000. State of Wyoming grew its position in Allegiant Travel by 42.8% in the 4th quarter. State of Wyoming now owns 2,643 shares of the transportation company’s stock valued at $225,000 after buying an additional 792 shares in the last quarter. Boothbay Fund Management LLC bought a new position in Allegiant Travel in the 3rd quarter valued at about $222,000. Shay Capital LLC bought a new position in Allegiant Travel in the 3rd quarter valued at about $231,000. Finally, Brooklyn Investment Group grew its position in Allegiant Travel by 2,153.0% in the 3rd quarter. Brooklyn Investment Group now owns 4,506 shares of the transportation company’s stock valued at $274,000 after buying an additional 4,306 shares in the last quarter. Institutional investors own 85.81% of the company’s stock.

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.