Allegiant Travel Company (NASDAQ:ALGT) Receives $125.77 Average Price Target from Analysts

Posted by Stanley Muller on Sep 18th, 2026

Shares of Allegiant Travel Company (NASDAQ:ALGT – Get Free Report) have been assigned an average rating of “Moderate Buy” from the fifteen analysts that are presently covering the stock, Marketbeat reports. One research analyst has rated the stock with a sell rating, four have given a hold rating, nine have issued a buy rating and one has given a strong buy rating to the company. The average 12 month price objective among analysts that have covered the stock in the last year is $125.7692.

Several equities research analysts have weighed in on the stock. Melius Research upgraded shares of Allegiant Travel from a “hold” rating to a “buy” rating and set a $160.00 price objective for the company in a research report on Tuesday, July 7th. Zacks Research lowered shares of Allegiant Travel from a “strong-buy” rating to a “hold” rating in a research report on Tuesday. JPMorgan Chase & Co. initiated coverage on shares of Allegiant Travel in a research note on Wednesday, July 1st. They set an “overweight” rating and a $156.00 price target on the stock. Raymond James Financial raised shares of Allegiant Travel from an “outperform” rating to a “strong-buy” rating and lowered their price target for the company from $138.00 to $116.00 in a report on Monday, August 24th. Finally, Barclays dropped their price objective on shares of Allegiant Travel from $145.00 to $115.00 and set an “overweight” rating for the company in a research report on Friday, September 11th.

Get Our Latest Stock Analysis on Allegiant Travel

Institutional Investors Weigh In On Allegiant Travel

A number of institutional investors and hedge funds have recently made changes to their positions in the company. BlackRock Inc. acquired a new position in Allegiant Travel in the second quarter valued at approximately $416,591,000. Donald Smith & CO. Inc. acquired a new stake in Allegiant Travel during the 2nd quarter worth $175,636,000. U S Global Investors Inc. raised its position in shares of Allegiant Travel by 5.1% during the 1st quarter. U S Global Investors Inc. now owns 299,225 shares of the transportation company’s stock valued at $24,249,000 after acquiring an additional 14,540 shares during the last quarter. Bank of New York Mellon Corp bought a new stake in shares of Allegiant Travel during the 2nd quarter valued at $33,013,000. Finally, Wellington Management Group LLP acquired a new position in shares of Allegiant Travel in the 2nd quarter valued at $26,232,000. Institutional investors own 85.81% of the company’s stock.

Allegiant Travel Price Performance

Allegiant Travel stock opened at $79.13 on Tuesday. The business’s fifty day moving average is $88.98 and its two-hundred day moving average is $88.33. The company has a debt-to-equity ratio of 1.38, a quick ratio of 0.80 and a current ratio of 0.83. The firm has a market cap of $2.16 billion, a P/E ratio of 56.12, a P/E/G ratio of 0.22 and a beta of 1.50. Allegiant Travel has a 52 week low of $57.11 and a 52 week high of $123.63.

Allegiant Travel (NASDAQ:ALGT – Get Free Report) last announced its earnings results on Tuesday, August 4th. The transportation company reported $2.19 earnings per share for the quarter, beating analysts’ consensus estimates of $1.27 by $0.92. Allegiant Travel had a return on equity of 10.83% and a net margin of 0.90%.The company had revenue of $943.49 million during the quarter, compared to analyst estimates of $982.70 million. During the same period last year, the company posted $1.23 earnings per share. The firm’s quarterly revenue was up 36.8% compared to the same quarter last year. Allegiant Travel has set its Q3 2026 guidance at -1.000–0.000 EPS. Equities research analysts forecast that Allegiant Travel will post 6.83 earnings per share for the current fiscal year.

About Allegiant Travel

(Get Free Report)

Allegiant Travel Company is a leisure-focused travel and aviation company headquartered in Las Vegas, Nevada. Its principal subsidiary, Allegiant Air, operates scheduled and charter passenger flights, primarily connecting smaller regional airports with popular vacation destinations in the United States.

Allegiant Air’s business model emphasizes low base fares and a range of optional services, including baggage, seat selection, priority boarding and other travel-related products. The airline primarily serves leisure travelers and operates routes to destinations such as Florida, Las Vegas, Arizona and other vacation markets, with service designed around demand for leisure travel rather than extensive daily connectivity between major business centers.

Allegiant Travel was established in 1997, and Allegiant Air began scheduled passenger operations in 1999.