Allegiant Travel Company (ALGT) Stock Forecast, Price Target & Predictions
ALGT Stock Forecast
Allegiant Travel Company stock forecast is as follows: an average price target of $95.89 (represents a 31.90% upside from ALGT’s last price of $72.70) 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 $95.89 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 31.90% upside from ALGT's last price of $72.70.
ALGT Analyst Ratings
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
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Nov 15, 2024 | Catherine O'Brien | Goldman Sachs | $83.00 | $76.08 | 9.10% | 14.17% |
| Aug 16, 2024 | Christopher Stathoulopoulos | Susquehanna | $40.00 | $40.09 | -0.22% | -44.98% |
| Jul 15, 2024 | Duane Pfennigwerth | Evercore ISI | $60.00 | $49.71 | 20.70% | -17.47% |
| Jul 05, 2024 | Savanthi Syth | Raymond James | $68.00 | $45.31 | 50.08% | -6.46% |
| Apr 12, 2024 | Savanthi Syth | Raymond James | $100.00 | $63.32 | 57.93% | 37.55% |
| Apr 04, 2024 | Brandon Oglenski | Barclays | $60.00 | $65.90 | -8.95% | -17.47% |
| Mar 19, 2024 | Atul Maheswari | UBS | $58.00 | $67.91 | -14.59% | -20.22% |
| Feb 02, 2023 | - | Cowen & Co. | $83.00 | $98.81 | -16.00% | 14.17% |
| Dec 05, 2022 | Ravi Shanker | Morgan Stanley | $115.00 | $81.90 | 40.42% | 58.18% |
| Sep 08, 2022 | Savanthi Syth | Raymond James | $150.00 | $96.99 | 54.66% | 106.33% |
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 14.17% increase from ALGT last price ($72.70).
Allegiant Travel Company Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 1 | 1 | 7 |
| Avg Price Target | $83.00 | $83.00 | $67.00 |
| Last Closing Price | $72.70 | $72.70 | $72.70 |
| Upside/Downside | 14.17% | 14.17% | -7.84% |
In the current month, the average price target of Allegiant Travel Company stock is $83.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 14.17% increase as opposed to Allegiant Travel Company's last price of $72.70. This month's average price target is down 0.00% compared to last quarter, and up 23.88% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 09, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Oct 03, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 09, 2024 | Barclays | Equal-Weight | Equal-Weight | Hold |
| Sep 09, 2024 | Raymond James | Strong Buy | Strong Buy | Hold |
| Aug 16, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Aug 07, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Jul 08, 2024 | Deutsche Bank | Buy | Hold | Downgrade |
| Jul 05, 2024 | Raymond James | Outperform | Outperform | Hold |
| May 15, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Apr 12, 2024 | Susquehanna | Neutral | Neutral | Hold |
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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 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 | $713.00M | $670.78M | $785.46M | $755.91M | $690.76M | $645.77M | $746.44M | $705.30M | $614.47M | $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 | $737.68M | $694.00M | $812.65M | $782.07M | $714.67M | $668.12M | $772.27M | $726.07M | $621.53M | $565.43M | $657.74M | $651.78M | $615.41M | $594.04M | $685.02M | $651.47M | $598.49M | $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 | $697.31M | $656.01M | $768.17M | $739.27M | $675.56M | $631.55M | $730.01M | $690.27M | $605.74M | $557.96M | $657.74M | $638.68M | $579.77M | $563.74M | $647.53M | $615.81M | $565.73M | $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 |
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 4 | 4 | 5 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 7 | 7 | 9 | 8 | 6 |
| 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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 4 | 4 | 5 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 7 | 7 | 9 | 8 | 6 |
| 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 | $106.89M | $100.56M | $117.76M | $113.32M | $103.56M | $96.81M | $111.91M | $105.74M | $92.12M | $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 | $110.59M | $104.04M | $121.83M | $117.25M | $107.14M | $100.16M | $115.78M | $108.85M | $93.18M | $84.77M | $98.61M | $61.15M | $92.26M | $89.06M | $102.70M | $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 | $104.54M | $98.35M | $115.16M | $110.83M | $101.28M | $94.68M | $109.44M | $103.48M | $90.81M | $83.65M | $98.61M | $40.76M | $86.92M | $84.52M | $97.08M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 4 | 4 | 5 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 7 | 7 | 9 | 8 | 6 |
| 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 | $20.42M | $-11.11M | $61.44M | $50.51M | $24.49M | $-3.70M | $54.51M | $34.81M | $11.87M | $-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 | $21.34M | $-10.79M | $64.21M | $52.79M | $25.59M | $-3.60M | $56.96M | $37.35M | $14.99M | $-32.56M | $13.60M | $-5.91M | $14.11M | $12.98M | $67.75M | $-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 | $19.84M | $-11.61M | $59.68M | $49.07M | $23.79M | $-3.87M | $52.95M | $33.11M | $7.78M | $-35.02M | $13.60M | $-8.87M | $-24.31M | $-13.54M | $62.97M | $-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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 4 | 4 | 5 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 7 | 7 | 9 | 8 | 6 |
| 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 | $31.20M | $29.35M | $34.37M | $33.08M | $30.23M | $28.26M | $32.67M | $30.87M | $26.89M | $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 | $32.28M | $30.37M | $35.56M | $34.23M | $31.28M | $29.24M | $33.80M | $31.77M | $27.20M | $24.74M | $28.78M | $25.14M | $26.93M | $26.00M | $29.98M | $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 | $30.52M | $28.71M | $33.62M | $32.35M | $29.56M | $27.64M | $31.95M | $30.21M | $26.51M | $24.42M | $28.78M | $16.76M | $25.37M | $24.67M | $28.34M | $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 26 | Sep 26 | Jun 26 | Mar 26 | Dec 25 | Sep 25 | Jun 25 | Mar 25 | Dec 24 | Sep 24 | Jun 24 | Mar 24 | Dec 23 | Sep 23 | Jun 23 | Mar 23 | Dec 22 | Sep 22 | Jun 22 | Mar 22 | Dec 21 | Sep 21 | Jun 21 | Mar 21 | Dec 20 | Sep 20 | Jun 20 | Mar 20 | Dec 19 | Sep 19 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 2 | 2 | 2 | 2 | 1 | 1 | 1 | 4 | 6 | 3 | 4 | 4 | 5 | 10 | 9 | 9 | 8 | 8 | 8 | 8 | 9 | 9 | 9 | 9 | 9 | 7 | 7 | 9 | 8 | 6 |
| 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 | $1.14 | $-0.62 | $3.43 | $2.82 | $1.37 | $-0.21 | $3.04 | $1.94 | $0.66 | $-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 | $1.19 | $-0.60 | $3.58 | $2.95 | $1.43 | $-0.20 | $3.18 | $2.09 | $0.84 | $-1.82 | $0.76 | $0.39 | $0.79 | $0.72 | $3.78 | $2.44 | $0.72 | $-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 | $1.11 | $-0.65 | $3.33 | $2.74 | $1.33 | $-0.22 | $2.96 | $1.85 | $0.43 | $-1.96 | $0.76 | $0.36 | $-1.36 | $-0.76 | $3.52 | $2.27 | $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
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SAVE | Spirit Airlines | $1.08 | $17.48 | 1518.52% | Buy |
| AZUL | Azul | $2.57 | $8.00 | 211.28% | Hold |
| ULCC | Frontier Group | $5.47 | $10.96 | 100.37% | Hold |
| SNCY | Sun Country Airlines | $13.98 | $22.17 | 58.58% | Buy |
| JBLU | JetBlue Airways | $6.04 | $9.25 | 53.15% | Hold |
| VLRS | Controladora Vuela Compañía de Aviación | $8.05 | $12.00 | 49.07% | Buy |
| ALGT | Allegiant Travel Company | $72.70 | $95.89 | 31.90% | Hold |
| ALK | Alaska Air Group | $53.14 | $69.07 | 29.98% | Buy |
| ATSG | Air Transport Services Group | $21.99 | $26.67 | 21.28% | Buy |
| HA | Hawaiian | $18.00 | $18.25 | 1.39% | Hold |
| SKYW | SkyWest | $108.98 | $80.50 | -26.13% | Buy |