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Allegiant Travel Company (ALGT) Stock Forecast, Price Target & Predictions

OverviewRevenueOwnershipFinancialsChartTranscripts

ALGT Stock Forecast

Allegiant Travel Company stock forecast is as follows: an average price target of $62.75 (represents a -25.71% downside from ALGT’s last price of $84.47) and a rating consensus of 'Hold', based on 8 wall street analysts offering a 1-year stock forecast.

ALGT Price Target

The average price target for Allegiant Travel Company (ALGT) is $62.75 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $83.00 to $40.00. This represents a potential -25.71% downside from ALGT's last price of $84.47.

ALGT Analyst Ratings

Hold

According to 8 Wall Street analysts, Allegiant Travel Company's rating consensus is 'Hold'. The analyst rating breakdown for ALGT stock is 1 'Strong Buy' (12.50%), 1 'Buy' (12.50%), 6 'Hold' (75.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Allegiant Travel Company Price Target by Analyst

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 15, 2024Catherine O'BrienGoldman Sachs$83.00$76.089.10%-1.74%
Aug 16, 2024Christopher StathoulopoulosSusquehanna$40.00$40.09-0.22%-52.65%
Jul 15, 2024Duane PfennigwerthEvercore ISI$60.00$49.7120.70%-28.97%
Jul 05, 2024Savanthi SythRaymond James$68.00$45.3150.08%-19.50%
Apr 12, 2024Savanthi SythRaymond James$100.00$63.3257.93%18.39%
Apr 04, 2024Brandon OglenskiBarclays$60.00$65.90-8.95%-28.97%
Mar 19, 2024Atul MaheswariUBS$58.00$67.91-14.59%-31.34%
Feb 02, 2023Cowen & Co.$83.00$98.81-16.00%-1.74%
Dec 05, 2022Ravi ShankerMorgan Stanley$115.00$81.9040.42%36.14%
Sep 08, 2022Savanthi SythRaymond James$150.00$96.9954.66%77.58%
May 05, 2021Helane BeckerCowen & Co.$275.00$234.0017.52%225.56%
May 05, 2021Daniel MckenzieSeaport Global$296.00$234.0026.50%250.42%

The latest Allegiant Travel Company stock forecast, released on Nov 15, 2024 by Catherine O'Brien from Goldman Sachs, set a price target of $83.00, which represents a 9.10% increase from the stock price at the time of the forecast ($76.08), and a -1.74% decrease from ALGT last price ($84.47).

Allegiant Travel Company Price Target by Period

1M3M12M
# Anlaysts-17
Avg Price Target-$83.00$67.00
Last Closing Price$84.47$84.47$84.47
Upside/Downside-100.00%-1.74%-20.68%

In the current month, the average price target of Allegiant Travel Company stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Allegiant Travel Company's last price of $84.47. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 09, 2024SusquehannaNeutralNeutralHold
Oct 03, 2024Cowen & Co.HoldHoldHold
Sep 09, 2024BarclaysEqual-WeightEqual-WeightHold
Sep 09, 2024Raymond JamesStrong BuyStrong BuyHold
Aug 16, 2024SusquehannaNeutralNeutralHold
Aug 07, 2024Cowen & Co.HoldHoldHold
Jul 08, 2024Deutsche BankBuyHoldDowngrade
Jul 05, 2024Raymond JamesOutperformOutperformHold
May 15, 2024Cowen & Co.HoldHoldHold
Apr 12, 2024SusquehannaNeutralNeutralHold
Apr 04, 2024BarclaysNegativeNegativeHold
Sep 25, 2023Raymond JamesOutperformOutperformHold
Jun 15, 2023Deutsche BankBuyUpgrade
May 01, 2023Bank of America SecuritiesUnderperformDowngrade
Feb 02, 2023Cowen & Co.Market PerformMarket PerformHold
Jan 05, 2023Raymond JamesOutperformOutperformHold
Dec 15, 2022Cowen & Co.Market PerformDowngrade
Dec 05, 2022Morgan StanleyEqual-WeightDowngrade
Sep 08, 2022BTIGNeutralInitialise
Sep 08, 2022Cantor FitzgeraldOverweightInitialise
Sep 08, 2022Raymond JamesOutperformUpgrade

Allegiant Travel Company's last stock rating was published by Susquehanna on Oct 09, 2024. The company gave ALGT a "Neutral" rating, the same as its previous rate.

Allegiant Travel Company Financial Forecast

Allegiant Travel Company Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$611.00M$565.36M$683.81M$649.69M$611.55M$560.33M$629.85M$500.11M$496.88M$459.47M$472.43M$279.12M$246.56M$200.98M$133.35M$409.18M$461.07M$436.51M
Avg Forecast$733.01M$674.38M$795.90M$773.30M$693.35M$642.98M$745.85M$708.05M$618.85M$561.70M$657.74M$645.23M$596.42M$580.09M$662.10M$629.67M$578.46M$556.19M$629.00M$494.66M$485.68M$454.87M$460.29M$294.19M$245.70M$193.79M$130.71M$411.51M$458.88M$429.31M
High Forecast$760.70M$699.86M$825.96M$802.51M$719.54M$667.27M$774.03M$728.90M$624.88M$565.43M$657.74M$651.78M$615.41M$594.04M$687.12M$653.46M$600.32M$556.19M$629.00M$494.66M$485.68M$454.87M$460.29M$294.19M$245.70M$193.79M$130.71M$411.51M$458.88M$429.31M
Low Forecast$712.54M$655.55M$773.67M$751.71M$673.99M$625.03M$725.03M$692.96M$609.00M$557.96M$657.74M$638.68M$579.77M$563.74M$643.62M$612.09M$562.31M$556.19M$629.00M$494.66M$485.68M$454.87M$460.29M$294.19M$245.70M$193.79M$130.71M$411.51M$458.88M$429.31M
# Analysts4444333573445109988889999977986
Surprise %------------1.02%0.97%1.03%1.03%1.06%1.01%1.00%1.01%1.02%1.01%1.03%0.95%1.00%1.04%1.02%0.99%1.00%1.02%

Allegiant Travel Company's average Quarter revenue forecast for Mar 24 based on 4 analysts is $645.23M, with a low forecast of $638.68M, and a high forecast of $651.78M. ALGT's average Quarter revenue forecast represents a 5.60% increase compared to the company's last Quarter revenue of $611.00M (Dec 23).

Allegiant Travel Company EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333573445109988889999977986
EBITDA------------$78.13M$27.07M$134.02M$103.33M$97.17M$8.93M$28.39M$54.49M$80.79M$112.82M$183.81M$68.63M$21.11M$12.53M$-89.07M$-72.94M$137.62M$114.94M
Avg Forecast$109.89M$101.10M$119.32M$115.93M$103.95M$96.40M$111.82M$106.15M$92.78M$84.21M$98.61M$50.95M$89.41M$86.97M$99.26M$40.28M$36.48M$72.13M$81.58M$31.84M$62.99M$58.99M$59.70M$58.01M$31.87M$25.13M$16.95M$-122.62M$59.51M$55.68M
High Forecast$114.04M$104.92M$123.83M$120.31M$107.87M$100.04M$116.04M$109.28M$93.68M$84.77M$98.61M$61.15M$92.26M$89.06M$103.01M$48.34M$43.77M$72.13M$81.58M$38.21M$62.99M$58.99M$59.70M$69.61M$31.87M$25.13M$16.95M$-98.10M$59.51M$55.68M
Low Forecast$106.82M$98.28M$115.99M$112.69M$101.04M$93.70M$108.70M$103.89M$91.30M$83.65M$98.61M$40.76M$86.92M$84.52M$96.49M$32.22M$29.18M$72.13M$81.58M$25.47M$62.99M$58.99M$59.70M$46.40M$31.87M$25.13M$16.95M$-147.15M$59.51M$55.68M
Surprise %------------0.87%0.31%1.35%2.57%2.66%0.12%0.35%1.71%1.28%1.91%3.08%1.18%0.66%0.50%-5.25%0.59%2.31%2.06%

4 analysts predict ALGT's average Quarter EBITDA for Mar 24 to be $50.95M, with a high of $61.15M and a low of $40.76M. This is -34.78% lower than Allegiant Travel Company's previous annual EBITDA (Dec 23) of $78.13M.

Allegiant Travel Company Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333573445109988889999977986
Net Income------------$-2.30M$-25.07M$88.47M$56.15M$52.47M$-46.46M$4.36M$-7.88M$10.70M$39.25M$95.03M$6.87M$-28.84M$-29.14M$-93.10M$-33.01M$60.52M$43.93M
Avg Forecast$67.64M$-7.59M$63.69M$50.89M$30.95M$-4.18M$54.05M$36.28M$19.60M$-33.52M$13.60M$-7.39M$-7.31M$1.48M$64.83M$-5.84M$11.67M$-8.45M$19.03M$-4.62M$20.86M$11.51M$51.41M$5.81M$-41.26M$-91.90M$-94.97M$-55.49M$68.52M$39.96M
High Forecast$70.97M$-7.31M$66.82M$53.39M$32.48M$-4.03M$56.70M$38.94M$23.59M$-32.30M$13.60M$-5.91M$14.11M$12.98M$68.01M$-4.67M$14.01M$-8.45M$19.83M$-3.69M$20.86M$11.51M$51.41M$6.97M$-41.26M$-91.90M$-94.97M$-44.39M$68.52M$39.96M
Low Forecast$65.19M$-7.96M$61.38M$49.04M$29.83M$-4.39M$52.09M$34.51M$12.25M$-35.16M$13.60M$-8.87M$-24.31M$-13.54M$62.48M$-7.01M$9.34M$-8.45M$18.23M$-5.54M$20.86M$11.51M$51.41M$4.64M$-41.26M$-91.90M$-94.97M$-66.59M$68.52M$39.96M
Surprise %------------0.32%-16.89%1.36%-9.61%4.50%5.50%0.23%1.71%0.51%3.41%1.85%1.18%0.70%0.32%0.98%0.59%0.88%1.10%

Allegiant Travel Company's average Quarter net income forecast for Sep 23 is $1.48M, with a range of $-13.54M to $12.98M. ALGT's average Quarter net income forecast represents a -98.32% decrease compared to the company's last Quarter net income of $88.47M (Jun 23).

Allegiant Travel Company SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333573445109988889999977986
SG&A------------$29.35M$28.47M$29.87M$26.93M$25.22M$25.82M$27.30M$22.35M$21.45M$22.05M$17.63M$11.61M$8.19M$7.97M$8.91M$18.45M$19.85M$17.59M
Avg Forecast$32.08M$29.51M$34.83M$33.84M$30.34M$28.14M$32.64M$30.99M$27.08M$24.58M$28.78M$20.95M$26.10M$25.39M$28.98M$16.56M$23.40M$24.34M$27.53M$13.09M$21.25M$19.91M$20.14M$9.81M$10.75M$8.48M$5.72M$31.03M$20.08M$18.79M
High Forecast$33.29M$30.63M$36.15M$35.12M$31.49M$29.20M$33.87M$31.90M$27.35M$24.74M$28.78M$25.14M$26.93M$26.00M$30.07M$19.88M$28.08M$24.34M$27.53M$15.71M$21.25M$19.91M$20.14M$11.77M$10.75M$8.48M$5.72M$37.23M$20.08M$18.79M
Low Forecast$31.18M$28.69M$33.86M$32.90M$29.50M$27.35M$31.73M$30.33M$26.65M$24.42M$28.78M$16.76M$25.37M$24.67M$28.17M$13.25M$18.72M$24.34M$27.53M$10.48M$21.25M$19.91M$20.14M$7.85M$10.75M$8.48M$5.72M$24.82M$20.08M$18.79M
Surprise %------------1.12%1.12%1.03%1.63%1.08%1.06%0.99%1.71%1.01%1.11%0.88%1.18%0.76%0.94%1.56%0.59%0.99%0.94%

Allegiant Travel Company's average Quarter SG&A projection for Mar 24 is $20.95M, based on 4 Wall Street analysts, with a range of $16.76M to $25.14M. The forecast indicates a -28.61% fall compared to ALGT last annual SG&A of $29.35M (Dec 23).

Allegiant Travel Company EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts4444333573445109988889999977986
EPS------------$-0.13$-1.41$4.80$3.09$2.87$-2.58$0.24$-0.44$0.60$2.18$6.04$0.42$-1.79$-1.82$-5.85$-2.08$3.72$2.70
Avg Forecast$3.78$-0.42$3.56$2.84$1.73$-0.23$3.02$2.03$1.09$-1.87$0.76$0.37$-0.41$0.08$3.62$2.33$0.69$-0.47$1.06$-0.00$1.17$0.64$2.88$-3.10$-2.31$-5.14$-5.31$0.53$3.83$2.24
High Forecast$3.96$-0.41$3.73$2.98$1.81$-0.23$3.17$2.17$1.32$-1.80$0.76$0.39$0.79$0.72$3.80$2.45$0.73$-0.47$1.11$-0.00$1.17$0.64$2.88$-3.10$-2.31$-5.14$-5.31$0.53$3.83$2.24
Low Forecast$3.64$-0.44$3.43$2.74$1.67$-0.24$2.91$1.93$0.68$-1.96$0.76$0.36$-1.36$-0.76$3.49$2.25$0.67$-0.47$1.02$-0.00$1.17$0.64$2.88$-3.10$-2.31$-5.14$-5.31$0.53$3.83$2.24
Surprise %------------0.32%-17.02%1.33%1.32%4.14%5.46%0.23%94.28%0.51%3.38%2.10%-0.14%0.78%0.35%1.10%-3.90%0.97%1.21%

According to 10 Wall Street analysts, Allegiant Travel Company's projected average Quarter EPS for Sep 23 is $0.08, with a low estimate of $-0.76 and a high estimate of $0.72. This represents a -98.27% decrease compared to ALGT previous annual EPS of $4.80 (Jun 23).

Allegiant Travel Company Peer Comparison by Price Target

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
AZULAzul$1.99$4.00101.01%Hold
VLRSControladora Vuela Compañía de Aviación$8.38$12.0043.20%Buy
SKYWSkyWest$103.33$119.0015.17%Buy
SNCYSun Country Airlines$14.90$16.007.38%Buy
ULCCFrontier Group$6.49$6.530.62%Hold
ALKAlaska Air Group$63.20$58.80-6.96%Buy
ATSGAir Transport Services Group$21.90$20.00-8.68%Buy
JBLUJetBlue Airways$7.30$6.31-13.56%Hold
ALGTAllegiant Travel Company$83.73$62.75-25.06%Hold

ALGT Forecast FAQ

Is Allegiant Travel Company a good buy?

No, according to 8 Wall Street analysts, Allegiant Travel Company (ALGT) is considered a 'Hold'. The rating consensus is based on 1 'Strong Buy' and 1 'Buy' recommendations, accounting for 25.00% of ALGT's total ratings.

What is ALGT's price target?

Allegiant Travel Company (ALGT) average price target is $62.75 with a range of $40 to $83, implying a -25.71% from its last price of $84.47. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Allegiant Travel Company stock go up soon?

According to Wall Street analysts' prediction for ALGT stock, the company can go down by -25.71% (from the last price of $84.47 to the average price target of $62.75), down by -1.74% based on the highest stock price target, and down by -52.65% based on the lowest stock price target.

Can Allegiant Travel Company stock reach $130?

ALGT's average twelve months analyst stock price target of $62.75 does not support the claim that Allegiant Travel Company can reach $130 in the near future.

What are Allegiant Travel Company's analysts' financial forecasts?

Allegiant Travel Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.79B (high $2.89B, low $2.72B), average EBITDA is $418.31M (high $433.23M, low $407.33M), average net income is $117.1M (high $124.08M, low $112.04M), average SG&A $122.11M (high $126.46M, low $118.9M), and average EPS is $6.54 (high $6.93, low $6.25). ALGT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.98B (high $3.09B, low $2.89B), average EBITDA is $446.25M (high $463.1M, low $433.79M), average net income is $174.64M (high $183.86M, low $167.65M), average SG&A $130.26M (high $135.18M, low $126.63M), and average EPS is $9.75 (high $10.26, low $9.36).

Did the ALGT's actual financial results beat the analysts' financial forecasts?

Based on Allegiant Travel Company's last annual report (Dec 2023), the company's revenue was $2.51B, beating the average analysts forecast of $2.47B by 1.68%. Apple's EBITDA was $472.76M, beating the average prediction of $315.92M by 49.64%. The company's net income was $113.41M, beating the average estimation of $53.16M by 113.32%. Apple's SG&A was $114.62M, beating the average forecast of $97.03M by 18.13%. Lastly, the company's EPS was $6.29, beating the average prediction of $5.63 by 11.77%. In terms of the last quarterly report (Dec 2023), Allegiant Travel Company's revenue was $611M, beating the average analysts' forecast of $596.42M by 2.45%. The company's EBITDA was $78.13M, missing the average prediction of $89.41M by -12.62%. Allegiant Travel Company's net income was $-2.304M, missing the average estimation of $-7.309M by -68.48%. The company's SG&A was $29.35M, beating the average forecast of $26.1M by 12.45%. Lastly, the company's EPS was $-0.13, missing the average prediction of $-0.408 by -68.14%