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


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ALGT Stock Forecast


Allegiant Travel Company stock forecast is as follows: an average price target of $97.50 (represents a 134.66% upside from ALGT’s last price of $41.55) 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 $97.50 based on 1-year price targets from 8 Wall Street analysts in the past 3 months, with a price target range of $296.00 to $40.00. This represents a potential 134.66% upside from ALGT's last price of $41.55.

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
Aug 16, 2024Christopher StathoulopoulosSusquehanna$40.00$40.09-0.22%-3.73%
Jul 15, 2024Duane PfennigwerthEvercore ISI$60.00$49.7120.70%44.40%
Jul 05, 2024Savanthi SythRaymond James$68.00$45.3150.08%63.66%
Apr 12, 2024Savanthi SythRaymond James$100.00$63.3257.93%140.67%
Apr 04, 2024Brandon OglenskiBarclays$60.00$65.90-8.95%44.40%
Mar 19, 2024Atul MaheswariUBS$58.00$67.91-14.59%39.59%
Feb 02, 2023-Cowen & Co.$83.00$98.81-16.00%99.76%
Dec 05, 2022Ravi ShankerMorgan Stanley$115.00$81.9040.42%176.77%
Sep 08, 2022Savanthi SythRaymond James$150.00$96.9954.66%261.01%
May 05, 2021Daniel MckenzieSeaport Global$296.00$234.0026.50%612.39%
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The latest Allegiant Travel Company stock forecast, released on Aug 16, 2024 by Christopher Stathoulopoulos from Susquehanna, set a price target of $40.00, which represents a -0.22% decrease from the stock price at the time of the forecast ($40.09), and a -3.73% decrease from ALGT last price ($41.55).

Allegiant Travel Company Price Target by Period


1M3M12M
# Anlaysts136
Avg Price Target$40.00$56.00$64.33
Last Closing Price$41.55$41.55$41.55
Upside/Downside-3.73%34.78%54.83%

In the current month, the average price target of Allegiant Travel Company stock is $40.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a -3.73% decrease as opposed to Allegiant Travel Company's last price of $41.55. This month's average price target is down -28.57% compared to last quarter, and down -37.82% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
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
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Allegiant Travel Company's last stock rating was published by Barclays on Sep 09, 2024. The company gave ALGT a "Equal-Weight" 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 22Jul 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-$500.11M$496.88M$459.47M$472.43M$279.12M$246.56M$200.98M$133.35M$409.18M$461.07M$436.51M
Avg Forecast$725.40M$650.68M$781.52M$760.86M$688.35M$607.75M$731.57M$704.80M$628.60M$549.85M$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$779.45M$699.16M$839.76M$817.55M$739.64M$653.04M$786.08M$757.32M$675.44M$560.31M$706.76M$693.31M$615.41M$594.04M$711.44M$676.59M$621.57M$597.64M$629.00M$517.77M$508.36M$476.12M$481.78M$307.93M$257.18M$202.84M$136.81M$430.73M$480.32M$449.36M
Low Forecast$705.03M$632.41M$759.58M$739.49M$669.02M$590.69M$711.03M$685.01M$610.95M$546.02M$639.28M$627.11M$579.77M$563.74M$643.51M$611.99M$562.22M$540.58M$629.00M$471.80M$463.23M$433.85M$439.02M$280.59M$234.35M$184.83M$124.67M$392.49M$437.68M$409.47M
# Analysts3333444436345109988445554646453
Surprise %------------1.02%0.97%1.03%1.03%1.06%1.01%-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 $627.11M, and a high forecast of $693.31M. 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436345109988445554646453
EBITDA------------$78.13M$27.07M$134.02M$103.33M$97.17M$8.93M-$54.49M$80.79M$112.82M$183.81M$68.63M$21.11M$12.53M$-89.07M$-72.94M$137.62M$114.94M
Avg Forecast$94.08M$84.39M$101.36M$98.68M$89.27M$78.82M$94.88M$91.41M$81.53M$71.31M$85.31M$50.95M$77.35M$75.23M$85.87M$40.28M$75.02M$138.26M$81.58M$31.84M$33.16M$109.30M$152.76M$58.01M$28.79M$14.62M$-72.18M$-122.62M$142.95M$87.53M
High Forecast$101.09M$90.68M$108.91M$106.03M$95.93M$84.69M$101.95M$98.22M$87.60M$72.67M$91.66M$61.15M$79.81M$77.04M$92.27M$48.34M$80.61M$165.91M$81.58M$38.21M$39.79M$131.16M$183.32M$69.61M$34.54M$17.54M$-57.74M$-98.10M$171.54M$105.03M
Low Forecast$91.44M$82.02M$98.51M$95.91M$86.77M$76.61M$92.22M$88.84M$79.24M$70.82M$82.91M$40.76M$75.19M$73.11M$83.46M$32.22M$72.92M$110.61M$81.58M$25.47M$26.53M$87.44M$122.21M$46.40M$23.03M$11.70M$-86.61M$-147.15M$114.36M$70.02M
Surprise %------------1.01%0.36%1.56%2.57%1.30%0.06%-1.71%2.44%1.03%1.20%1.18%0.73%0.86%1.23%0.59%0.96%1.31%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436345109988445554646453
Net Income------------$-2.30M$-25.07M$88.47M$56.15M$52.47M$-46.46M-$-7.88M$10.70M$39.25M$95.03M$6.87M$-28.84M$-29.14M$-93.10M$-33.01M$60.52M$43.93M
Avg Forecast$22.51M$-27.70M$63.08M$60.58M$27.38M$-19.57M$52.50M$34.67M$8.33M$-47.91M$13.56M$-7.39M$-7.29M$1.48M$64.67M$-5.84M$12.37M$48.10M$18.81M$-4.62M$10.61M$38.03M$78.98M$5.81M$-39.32M$-34.02M$-75.45M$-55.49M$62.87M$33.45M
High Forecast$24.70M$-26.69M$69.19M$66.44M$30.04M$-18.85M$57.58M$38.02M$9.14M$-37.24M$14.88M$-5.91M$14.07M$12.95M$70.94M$-4.67M$13.57M$57.73M$18.81M$-3.69M$12.73M$45.63M$94.77M$6.97M$-31.46M$-27.22M$-60.36M$-44.39M$75.44M$40.14M
Low Forecast$21.69M$-30.38M$60.78M$58.36M$26.38M$-21.46M$50.58M$33.40M$8.03M$-56.04M$13.07M$-8.87M$-24.25M$-13.51M$62.31M$-7.01M$11.92M$38.48M$18.81M$-5.54M$8.49M$30.42M$63.18M$4.64M$-47.19M$-40.82M$-90.54M$-66.59M$50.29M$26.76M
Surprise %------------0.32%-16.93%1.37%-9.61%4.24%-0.97%-1.71%1.01%1.03%1.20%1.18%0.73%0.86%1.23%0.59%0.96%1.31%

Allegiant Travel Company's average Quarter net income forecast for Sep 23 is $1.48M, with a range of $-13.51M to $12.95M. ALGT's average Quarter net income forecast represents a -98.33% 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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436345109988445554646453
SG&A------------$29.35M$28.47M$29.87M$26.93M$25.22M$25.82M-$22.35M$21.45M$22.05M$17.63M$11.61M$8.19M$7.97M$8.91M$18.45M$19.85M$17.59M
Avg Forecast$31.75M$28.48M$34.20M$33.30M$30.12M$26.60M$32.02M$30.84M$27.51M$24.06M$28.78M$20.95M$26.10M$25.39M$28.98M$16.56M$25.32M$27.02M$27.53M$13.09M$21.27M$21.36M$14.65M$9.81M$11.16M$9.30M$7.22M$31.03M$20.62M$13.39M
High Forecast$34.11M$30.60M$36.75M$35.78M$32.37M$28.58M$34.40M$33.14M$29.56M$24.52M$30.93M$25.14M$26.93M$26.00M$31.13M$19.88M$27.20M$32.42M$27.53M$15.71M$25.52M$25.63M$17.58M$11.77M$13.40M$11.16M$8.66M$37.23M$24.75M$16.07M
Low Forecast$30.85M$27.68M$33.24M$32.36M$29.28M$25.85M$31.12M$29.98M$26.74M$23.90M$27.98M$16.76M$25.37M$24.67M$28.16M$13.25M$24.60M$21.61M$27.53M$10.48M$17.02M$17.09M$11.72M$7.85M$8.93M$7.44M$5.78M$24.82M$16.50M$10.72M
Surprise %------------1.12%1.12%1.03%1.63%1.00%0.96%-1.71%1.01%1.03%1.20%1.18%0.73%0.86%1.23%0.59%0.96%1.31%

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 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts3333444436345109988445554646453
EPS------------$-0.13$-1.41$4.80$3.09$2.87$-2.58-$-0.44$0.60$2.18$6.04$0.42$-1.79$-1.82$-5.85$-2.08$3.72$2.70
Avg Forecast$1.26$-1.55$3.53$3.39$1.53$-1.09$2.94$1.94$0.47$-2.68$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$1.38$-1.49$3.87$3.72$1.68$-1.06$3.22$2.13$0.51$-2.08$0.83$0.41$0.79$0.72$3.97$2.56$0.76$-0.46$1.06$-0.00$1.24$0.68$3.05$-2.92$-2.17$-4.83$-5.00$0.57$4.07$2.37
Low Forecast$1.21$-1.70$3.40$3.27$1.48$-1.20$2.83$1.87$0.45$-3.14$0.73$0.36$-1.36$-0.76$3.49$2.25$0.67$-0.52$1.06$-0.00$1.10$0.61$2.70$-3.29$-2.45$-5.46$-5.64$0.50$3.60$2.10
Surprise %------------0.32%-17.02%1.33%1.32%4.14%5.46%-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
SAVESpirit Airlines$2.50$17.48599.20%Buy
AZULAzul$2.77$10.55280.87%Hold
ULCCFrontier Group$4.31$11.07156.84%Hold
ALGTAllegiant Travel Company$41.55$97.50134.66%Hold
SNCYSun Country Airlines$10.97$23.20111.49%Buy
VLRSControladora Vuela Compañía de Aviación$6.50$12.0084.62%Buy
ATSGAir Transport Services Group$15.33$26.6773.97%Buy
ALKAlaska Air Group$41.64$72.0072.91%Buy
JBLUJetBlue Airways$5.94$9.4559.09%Hold
HAHawaiian$17.30$18.255.49%Hold
SKYWSkyWest$78.26$42.00-46.33%Buy

ALGT Forecast FAQ


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.

Allegiant Travel Company (ALGT) average price target is $97.5 with a range of $40 to $296, implying a 134.66% from its last price of $41.55. The data is based on 8 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for ALGT stock, the company can go up by 134.66% (from the last price of $41.55 to the average price target of $97.5), up by 612.39% based on the highest stock price target, and down by -3.73% based on the lowest stock price target.

ALGT's average twelve months analyst stock price target of $97.5 supports the claim that Allegiant Travel Company can reach $60 in the near future.

1 Wall Street analyst forecast a $40 price target for Allegiant Travel Company (ALGT) this month, down -3.73% from its last price of $41.55. Compared to the last 3 and 12 months, the average price target increased by 34.78% and increased by 54.83%, respectively.

Allegiant Travel Company's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $2.73B (high $2.94B, low $2.66B), average EBITDA is $354.38M (high $380.79M, low $344.43M), average net income is $94.98M (high $106.79M, low $88.91M), average SG&A $119.58M (high $128.49M, low $116.22M), and average EPS is $5.32 (high $5.98, low $4.98). ALGT's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $2.92B (high $3.14B, low $2.84B), average EBITDA is $378.5M (high $406.71M, low $367.88M), average net income is $118.47M (high $133.64M, low $110.45M), average SG&A $127.72M (high $137.24M, low $124.13M), and average EPS is $6.63 (high $7.48, low $6.18).

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 $278.74M by 69.61%. The company's net income was $113.41M, beating the average estimation of $53.02M by 113.90%. 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, beating the average prediction of $77.35M by 1.01%. Allegiant Travel Company's net income was $-2.304M, missing the average estimation of $-7.291M by -68.40%. 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%