Frontier Group (NASDAQ:ULCC) Shares Gap Down – What’s Next?

Posted by Brenda Bartman on Jul 10th, 2026

Frontier Group Holdings, Inc. (NASDAQ:ULCC – Get Free Report)’s share price gapped down prior to trading on Friday . The stock had previously closed at $7.70, but opened at $7.44. Frontier Group shares last traded at $7.0160, with a volume of 705,182 shares traded.

Analysts Set New Price Targets

ULCC has been the subject of several recent analyst reports. Susquehanna boosted their price objective on shares of Frontier Group from $4.50 to $7.00 and gave the company a “neutral” rating in a research note on Tuesday. Wall Street Zen upgraded shares of Frontier Group from a “sell” rating to a “hold” rating in a research note on Sunday, June 21st. Citigroup raised their price target on shares of Frontier Group from $5.00 to $9.00 and gave the company a “neutral” rating in a report on Friday, June 26th. Weiss Ratings restated a “sell (d)” rating on shares of Frontier Group in a research report on Tuesday, May 19th. Finally, Barclays upped their price target on shares of Frontier Group from $4.00 to $7.00 and gave the stock an “underweight” rating in a report on Thursday, June 25th. Five investment analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. Based on data from MarketBeat.com, Frontier Group currently has a consensus rating of “Reduce” and an average target price of $6.86.

Get Our Latest Research Report on ULCC

Frontier Group Stock Down 9.0%

The company has a debt-to-equity ratio of 1.75, a current ratio of 0.49 and a quick ratio of 0.44. The company has a market cap of $1.61 billion, a PE ratio of -4.37 and a beta of 2.56. The company has a fifty day moving average price of $6.04 and a 200 day moving average price of $5.02.

Frontier Group (NASDAQ:ULCC – Get Free Report) last announced its earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.37) by $0.07. The business had revenue of $1.06 billion for the quarter, compared to the consensus estimate of $1.04 billion. Frontier Group had a negative net margin of 9.62% and a negative return on equity of 39.20%. Frontier Group’s quarterly revenue was up 16.8% on a year-over-year basis. During the same period last year, the firm posted ($0.19) earnings per share. Frontier Group has set its Q2 2026 guidance at -0.600–0.45 EPS. As a group, analysts anticipate that Frontier Group Holdings, Inc. will post -0.83 EPS for the current year.

Insider Activity at Frontier Group

In other news, SVP Steve Schuller sold 10,000 shares of the stock in a transaction on Friday, June 5th. The shares were sold at an average price of $6.00, for a total value of $60,000.00. Following the transaction, the senior vice president owned 97,175 shares of the company’s stock, valued at $583,050. This represents a 9.33% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this link. Also, SVP Alexandre Clerc sold 5,060 shares of the firm’s stock in a transaction on Tuesday, June 2nd. The shares were sold at an average price of $5.93, for a total transaction of $30,005.80. Following the sale, the senior vice president owned 47,698 shares in the company, valued at approximately $282,849.14. This trade represents a 9.59% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 111,670 shares of company stock worth $603,756 over the last quarter. 48.00% of the stock is currently owned by corporate insiders.

Institutional Investors Weigh In On Frontier Group

Hedge funds have recently added to or reduced their stakes in the company. U S Global Investors Inc. boosted its holdings in shares of Frontier Group by 63.9% in the 1st quarter. U S Global Investors Inc. now owns 6,781,412 shares of the company’s stock worth $23,938,000 after purchasing an additional 2,643,448 shares in the last quarter. Balyasny Asset Management L.P. purchased a new position in shares of Frontier Group during the 2nd quarter valued at about $5,387,000. Mountaineer Partners Management LLC purchased a new position in shares of Frontier Group during the 4th quarter valued at about $4,490,000. Bank of America Corp DE lifted its position in Frontier Group by 39.2% in the 3rd quarter. Bank of America Corp DE now owns 3,027,309 shares of the company’s stock worth $13,366,000 after buying an additional 852,798 shares during the last quarter. Finally, HRT Financial LP lifted its position in Frontier Group by 932.1% in the 4th quarter. HRT Financial LP now owns 817,425 shares of the company’s stock worth $3,850,000 after buying an additional 738,228 shares during the last quarter.

About Frontier Group

(Get Free Report)

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.