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


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ALGT Stock Forecast


Allegiant Travel (ALGT) stock forecast, based on 8 Wall Street analysts, predicts a 12-month average price target of $61.50, with a high of $83.00 and a low of $40.00. This represents a -40.50% decline from the last price of $103.36.

$40 $53 $66 $79 $92 $105 High: $83 Avg: $61.5 Low: $40 Last Closed Price: $103.36

ALGT Stock Rating


Allegiant Travel stock's rating consensus is Hold, based on 8 Wall Street analysts. The breakdown includes 1 Strong Buy (12.50%), 1 Buy (12.50%), 6 Hold (75.00%), 0 Sell (0.00%), and 0 Strong Sell (0.00%).

Hold
Total 8 0 6 1 1 Strong Sell Sell Hold Buy Strong Buy

ALGT Forecast vs Benchmarks


TypeNameUpside
StockAllegiant Travel-40.50%
SectorIndustrials Stocks 15.95%
IdeaTravel Stocks List1.70%

Price Target Trends


1M3M12M
# Anlaysts-17
Avg Price Target-$83.00$67.00
Last Closing Price$103.36$103.36$103.36
Upside/Downside--19.70%-35.18%
Ratings Trends

DateStrong BuyBuyHoldSellStrong SellTotal
Jan, 251110-113
Dec, 241110-113
Nov, 2431101116
Oct, 2432101117
Sep, 2432101117
Latest Price Target by Analysts

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Nov 15, 2024Catherine O'BrienGoldman Sachs$83.00$76.089.10%-19.70%
Aug 16, 2024Christopher StathoulopoulosSusquehanna$40.00$40.09-0.22%-61.30%
Jul 15, 2024Duane PfennigwerthEvercore ISI$60.00$49.7120.70%-41.95%
Jul 05, 2024Savanthi SythRaymond James$68.00$45.3150.08%-34.21%
Apr 12, 2024Savanthi SythRaymond James$100.00$63.3257.93%-3.25%
Apr 04, 2024Brandon OglenskiBarclays$60.00$65.90-8.95%-41.95%
Mar 19, 2024Atul MaheswariUBS$58.00$67.91-14.59%-43.89%
Feb 02, 2023Cowen & Co.$83.00$98.81-16.00%-19.70%
Dec 05, 2022Ravi ShankerMorgan Stanley$115.00$81.9040.42%11.26%
Sep 08, 2022Savanthi SythRaymond James$150.00$96.9954.66%45.12%
Latest Upgrade/Downgrade by Analysts

DateCompanyPrevious RatingNew RatingRating Change
Oct 09, 2024SusquehannaNeutralNeutralhold
Oct 03, 2024Cowen & Co.HoldHoldhold
Sep 09, 2024BarclaysEqual-WeightEqual-Weighthold
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

Financial Forecast


EPS Forecast

$-15 $-9 $-3 $3 $9 $15 Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-11.51$8.69$0.14$6.29----
Avg Forecast$-10.47$1.94$0.60$7.17$2.41$6.51$8.99$10.75
High Forecast$-10.75$1.88$0.58$5.79$1.90$5.01$8.74$10.43
Low Forecast$-10.14$1.99$0.61$8.10$2.58$7.82$9.24$10.97
Surprise %9.93%347.94%-76.67%-12.27%----

Revenue Forecast

$500M $1B $2B $3B $3B $4B Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$990.07M$1.71B$2.30B$2.51B----
Avg Forecast$988.59M$1.69B$2.27B$2.50B$2.51B$2.82B$3.13B$3.58B
High Forecast$964.86M$1.65B$2.21B$2.48B$2.50B$2.78B$3.13B$3.58B
Low Forecast$1.01B$1.73B$2.31B$2.53B$2.52B$2.86B$3.14B$3.58B
Surprise %0.15%0.88%1.42%0.56%----

Net Income Forecast

$-250M $-160M $-70M $20M $110M $200M Dec 20 Dec 21 Dec 22 Dec 23 Dec 24 Dec 25 Dec 26 Dec 27
Dec 20Dec 21Dec 22Dec 23Dec 24Dec 25Dec 26Dec 27
Reported$-184.09M$151.85M$2.49M$113.41M----
Avg Forecast$-204.28M$133.42M$60.94M$113.41M$40.34M$107.02M$162.01M$192.74M
High Forecast$-245.14M$106.74M$46.90M$86.73M$34.27M$90.23M$157.46M$187.87M
Low Forecast$-163.43M$160.10M$74.97M$140.09M$46.41M$140.98M$166.56M$197.62M
Surprise %-9.88%13.82%-95.91%-----

ALGT Forecast FAQ


Is Allegiant Travel stock a buy?

Allegiant Travel stock has a consensus rating of Hold, based on 8 Wall Street analysts. The rating breakdown includes 1 Strong Buy, 1 Buy, 6 Hold, 0 Sell, and 0 Strong Sell, reflecting a consensus that Allegiant Travel is a neutral investment for most analysts.

What is Allegiant Travel's price target?

Allegiant Travel's price target, set by 8 Wall Street analysts, averages $61.5 over the next 12 months. The price target range spans from $40 at the low end to $83 at the high end, suggesting a potential -40.50% change from the previous close price of $103.36.

How does Allegiant Travel stock forecast compare to the average forecast of its sector, industry, and investment themes?

Allegiant Travel stock forecast shows a -40.50% downside, underperforming the average forecast for the industrials stocks sector (15.95%), trailing the Travel Stocks List (1.70%) investment theme.

What is the breakdown of analyst ratings for Allegiant Travel over the past three months?

  • January 2025: 7.69% Strong Buy, 7.69% Buy, 76.92% Hold, 0% Sell, 7.69% Strong Sell.
  • December 2024: 7.69% Strong Buy, 7.69% Buy, 76.92% Hold, 0% Sell, 7.69% Strong Sell.
  • November 2024: 18.75% Strong Buy, 6.25% Buy, 62.50% Hold, 6.25% Sell, 6.25% Strong Sell.

What is Allegiant Travel’s EPS forecast?

Allegiant Travel's average annual EPS forecast for its fiscal year ending in December is 2.41 for 2024, a -61.69% decrease from the reported $6.29 in 2023. The prediction for 2025 is $6.51, $8.99 for 2026, and $10.75 for 2027.

What is Allegiant Travel’s revenue forecast?

Allegiant Travel's average annual revenue forecast for its fiscal year ending in December is $2.51B for 2024, a 0.07% increase from the reported $2.51B in 2023. The forecast for 2025 is $2.82B, $3.13B for 2026, and $3.58B for 2027.

What is Allegiant Travel’s net income forecast?

For its fiscal year ending in December, Allegiant Travel's average annual net income forecast is $40.34M for 2024, reflecting a -64.43% decrease from the reported $113.41M in 2023. The projection for 2025 is $107.02M, $162.01M for 2026, and $192.74M for 2027.