Frontier Group (ULCC) Stock Forecast, Price Target & Predictions
ULCC Stock Forecast
Frontier Group stock forecast is as follows: an average price target of $10.96 (represents a 83.58% upside from ULCC’s last price of $5.97) and a rating consensus of 'Hold', based on 10 wall street analysts offering a 1-year stock forecast.
ULCC Price Target
The average price target for Frontier Group (ULCC) is $10.96 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $25.00 to $5.00. This represents a potential 83.58% upside from ULCC's last price of $5.97.
ULCC Analyst Ratings
According to 10 Wall Street analysts, Frontier Group's rating consensus is 'Hold'. The analyst rating breakdown for ULCC stock is 0 'Strong Buy' (0.00%), 4 'Buy' (40.00%), 6 'Hold' (60.00%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).
Frontier Group Price Target by Analyst
| Date | Analyst | Company | Price Target | Price when Published | Price Target/Price when Published | Price Target/Last Closing Price |
|---|---|---|---|---|---|---|
| Oct 30, 2024 | Brandon Oglenski | Barclays | $7.00 | $6.22 | 12.54% | 17.25% |
| Oct 22, 2024 | Stephen Trent | Citigroup | $7.15 | $6.91 | 3.47% | 19.77% |
| Oct 09, 2024 | Christopher Stathoulopoulos | Susquehanna | $5.00 | $5.83 | -14.24% | -16.25% |
| Sep 16, 2024 | Stephen Trent | Citigroup | $4.70 | $4.31 | 9.05% | -21.27% |
| Aug 16, 2024 | Christopher Stathoulopoulos | Susquehanna | $3.00 | $3.38 | -11.24% | -49.75% |
| Aug 12, 2024 | Brandon Oglenski | Barclays | $6.00 | $3.11 | 92.93% | 0.50% |
| Aug 09, 2024 | Andrew Didora | Bank of America Securities | $5.50 | $3.18 | 72.96% | -7.87% |
| Mar 19, 2024 | Atul Maheswari | UBS | $8.00 | $7.00 | 14.29% | 34.00% |
| Nov 16, 2022 | - | Cowen & Co. | $25.00 | $13.83 | 80.77% | 318.76% |
| Jul 28, 2022 | - | Raymond James | $15.00 | $12.81 | 17.13% | 151.26% |
The latest Frontier Group stock forecast, released on Oct 30, 2024 by Brandon Oglenski from Barclays, set a price target of $7.00, which represents a 12.54% increase from the stock price at the time of the forecast ($6.22), and a 17.25% increase from ULCC last price ($5.97).
Frontier Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 3 | 7 | 8 |
| Avg Price Target | $6.38 | $5.48 | $5.79 |
| Last Closing Price | $5.97 | $5.97 | $5.97 |
| Upside/Downside | 6.87% | -8.21% | -3.02% |
In the current month, the average price target of Frontier Group stock is $6.38, according to 3 Wall Street analysts offering twelve months forecast. The average price target represents a 6.87% increase as opposed to Frontier Group's last price of $5.97. This month's average price target is up 16.42% compared to last quarter, and up 10.19% compared to last year.
Analyst Ratings Upgrades/Downgrades
| Date | Company | Previous Rating | New Rating | Rating Change |
|---|---|---|---|---|
| Oct 30, 2024 | Barclays | Overweight | Overweight | Hold |
| Oct 22, 2024 | Citigroup | Neutral | Neutral | Hold |
| Oct 09, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Sep 30, 2024 | Piper Sandler | - | Overweight | Upgrade |
| Sep 30, 2024 | Raymond James | Underperform | Market Perform | Upgrade |
| Sep 16, 2024 | Cowen & Co. | Hold | Hold | Hold |
| Sep 16, 2024 | Citigroup | Neutral | Neutral | Hold |
| Aug 16, 2024 | Susquehanna | Neutral | Neutral | Hold |
| Aug 12, 2024 | Barclays | Overweight | Overweight | Hold |
| Aug 09, 2024 | Bank of America Securities | Neutral | Neutral | Hold |
Frontier Group's last stock rating was published by Barclays on Oct 30, 2024. The company gave ULCC a "Overweight" rating, the same as its previous rate.
Frontier Group Financial Forecast
Frontier Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | $883.00M | $967.00M | $848.00M | $906.00M | $906.00M | $909.00M | $605.00M | $609.00M | $630.00M | $550.00M | $271.00M |
| Avg Forecast | $1.22B | $1.25B | $1.26B | $1.12B | $1.07B | $1.09B | $1.09B | $950.47M | $965.88M | $943.30M | $1.03B | $859.21M | $893.38M | $895.91M | $966.73M | $857.24M | $937.88M | $908.72M | $864.60M | $611.82M | $642.41M | $600.17M | $538.42M | $262.19M |
| High Forecast | $1.25B | $1.28B | $1.30B | $1.14B | $1.10B | $1.12B | $1.12B | $974.49M | $985.56M | $951.31M | $1.03B | $859.21M | $897.33M | $974.90M | $991.16M | $878.91M | $961.58M | $908.72M | $864.60M | $611.82M | $642.41M | $600.17M | $538.42M | $262.19M |
| Low Forecast | $1.19B | $1.23B | $1.24B | $1.10B | $1.05B | $1.07B | $1.07B | $932.62M | $949.13M | $935.28M | $1.03B | $859.21M | $884.81M | $874.71M | $948.57M | $841.15M | $920.27M | $908.72M | $864.60M | $611.82M | $642.41M | $600.17M | $538.42M | $262.19M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.99% | 1.00% | 0.99% | 0.97% | 1.00% | 1.05% | 0.99% | 0.95% | 1.05% | 1.02% | 1.03% |
Frontier Group's average Quarter revenue forecast for Dec 23 based on 4 analysts is $893.38M, with a low forecast of $884.81M, and a high forecast of $897.33M. ULCC's average Quarter revenue forecast represents a 1.18% increase compared to the company's last Quarter revenue of $883.00M (Sep 23).
Frontier Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 |
| EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | $-40.00M | $93.00M | $-16.00M | $52.00M | $55.00M | $33.00M | $-142.00M | $-83.00M | $54.00M | $28.00M | $-84.00M |
| Avg Forecast | $-39.83M | $-40.98M | $-41.37M | $-36.52M | $-35.14M | $-35.70M | $-35.63M | $-31.11M | $-31.61M | $-30.87M | $-33.61M | $-161.93M | $-29.24M | $-29.32M | $-31.64M | $-147.21M | $-114.13M | $-29.74M | $-28.30M | $-116.37M | $-21.02M | $-19.64M | $-17.62M | $-77.70M |
| High Forecast | $-39.08M | $-40.21M | $-40.59M | $-35.84M | $-34.48M | $-35.03M | $-34.96M | $-30.52M | $-31.06M | $-30.61M | $-33.61M | $-129.55M | $-28.96M | $-28.63M | $-31.05M | $-117.77M | $-91.30M | $-29.74M | $-28.30M | $-93.10M | $-21.02M | $-19.64M | $-17.62M | $-62.16M |
| Low Forecast | $-40.84M | $-42.01M | $-42.41M | $-37.45M | $-36.03M | $-36.61M | $-36.53M | $-31.89M | $-32.26M | $-31.13M | $-33.61M | $-194.32M | $-29.37M | $-31.91M | $-32.44M | $-176.65M | $-136.95M | $-29.74M | $-28.30M | $-139.65M | $-21.02M | $-19.64M | $-17.62M | $-93.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.36% | -2.94% | 0.11% | -0.46% | -1.85% | -1.17% | 1.22% | 3.95% | -2.75% | -1.59% | 1.08% |
9 analysts predict ULCC's average Quarter EBITDA for Sep 23 to be $-29.32M, with a high of $-28.63M and a low of $-31.91M. This is -131.53% lower than Frontier Group's previous annual EBITDA (Jun 23) of $93.00M.
Frontier Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 |
| Net Income | - | - | - | - | - | - | - | - | - | - | - | - | - | $-32.00M | $71.00M | $-13.00M | $40.00M | $31.00M | $13.00M | $-121.00M | $-53.00M | $23.00M | $19.00M | $-91.00M |
| Avg Forecast | $38.52M | $72.51M | $77.05M | $20.39M | $28.55M | $35.58M | $50.62M | $-15.91M | $9.71M | $-5.38M | $26.97M | $-140.96M | $-51.87M | $-38.37M | $64.11M | $-128.15M | $-72.88M | $23.60M | $16.36M | $-101.30M | $-71.92M | $-46.51M | $-68.19M | $-84.17M |
| High Forecast | $39.79M | $74.89M | $79.58M | $21.06M | $29.49M | $36.75M | $52.29M | $-15.52M | $36.43M | $-5.25M | $27.53M | $-112.77M | $-47.54M | $-29.35M | $66.22M | $-102.52M | $-58.30M | $23.60M | $16.36M | $-81.04M | $-71.92M | $-46.51M | $-68.19M | $-67.34M |
| Low Forecast | $37.58M | $70.74M | $75.16M | $19.90M | $27.85M | $34.71M | $49.39M | $-16.43M | $-12.14M | $-5.56M | $26.41M | $-169.15M | $-56.19M | $-51.92M | $62.55M | $-153.78M | $-87.45M | $23.60M | $16.36M | $-121.56M | $-71.92M | $-46.51M | $-68.19M | $-101.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 1.11% | 0.10% | -0.55% | 1.31% | 0.79% | 1.19% | 0.74% | -0.49% | -0.28% | 1.08% |
Frontier Group's average Quarter net income forecast for Sep 23 is $-38.37M, with a range of $-51.92M to $-29.35M. ULCC's average Quarter net income forecast represents a -154.05% decrease compared to the company's last Quarter net income of $71.00M (Jun 23).
Frontier Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 |
| SG&A | - | - | - | - | - | - | - | - | - | - | - | - | - | $41.00M | $44.00M | $40.00M | $44.00M | $42.00M | $46.00M | $32.00M | $29.00M | $33.00M | $30.00M | $17.00M |
| Avg Forecast | $63.81M | $65.64M | $66.27M | $58.51M | $56.29M | $57.20M | $57.08M | $49.83M | $50.64M | $49.46M | $53.84M | $37.28M | $46.84M | $46.97M | $50.69M | $33.89M | $39.88M | $47.64M | $45.33M | $26.79M | $33.68M | $31.47M | $28.23M | $15.72M |
| High Forecast | $65.42M | $67.30M | $67.95M | $59.99M | $57.72M | $58.64M | $58.52M | $51.09M | $51.67M | $49.88M | $53.84M | $44.74M | $47.05M | $51.11M | $51.97M | $40.67M | $47.85M | $47.64M | $45.33M | $32.15M | $33.68M | $31.47M | $28.23M | $18.87M |
| Low Forecast | $62.61M | $64.41M | $65.03M | $57.41M | $55.24M | $56.12M | $56.01M | $48.90M | $49.76M | $49.04M | $53.84M | $29.82M | $46.39M | $45.86M | $49.73M | $27.11M | $31.90M | $47.64M | $45.33M | $21.43M | $33.68M | $31.47M | $28.23M | $12.58M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.87% | 0.87% | 1.18% | 1.10% | 0.88% | 1.01% | 1.19% | 0.86% | 1.05% | 1.06% | 1.08% |
Frontier Group's average Quarter SG&A projection for Dec 23 is $46.84M, based on 4 Wall Street analysts, with a range of $46.39M to $47.05M. The forecast indicates a 14.24% rise compared to ULCC last annual SG&A of $41.00M (Sep 23).
Frontier Group 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 | |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 6 | 3 | 2 | 2 | 4 | 9 | 6 | 4 | 3 | 7 | 4 | 3 | 4 | 7 | 4 | 4 |
| EPS | - | - | - | - | - | - | - | - | - | - | - | - | - | $-0.14 | $0.32 | $-0.06 | $0.18 | $0.13 | $0.06 | $-0.56 | $-0.25 | $0.10 | $0.08 | $-0.42 |
| Avg Forecast | $0.17 | $0.32 | $0.34 | $0.09 | $0.13 | $0.16 | $0.22 | $-0.07 | $0.04 | $-0.02 | $0.12 | $-0.18 | $-0.23 | $-0.17 | $0.28 | $-0.08 | $0.17 | $0.10 | $0.07 | $-0.43 | $-0.32 | $-0.21 | $-0.30 | $-0.88 |
| High Forecast | $0.18 | $0.33 | $0.35 | $0.09 | $0.13 | $0.16 | $0.23 | $-0.07 | $0.16 | $-0.02 | $0.12 | $-0.18 | $-0.21 | $-0.13 | $0.29 | $-0.08 | $0.18 | $0.10 | $0.07 | $-0.43 | $-0.32 | $-0.21 | $-0.30 | $-0.88 |
| Low Forecast | $0.17 | $0.31 | $0.33 | $0.09 | $0.12 | $0.15 | $0.22 | $-0.07 | $-0.05 | $-0.02 | $0.12 | $-0.19 | $-0.25 | $-0.23 | $0.28 | $-0.08 | $0.17 | $0.10 | $0.07 | $-0.43 | $-0.32 | $-0.21 | $-0.30 | $-0.88 |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.83% | 1.13% | 0.75% | 1.03% | 1.25% | 0.83% | 1.32% | 0.79% | -0.49% | -0.27% | 0.48% |
According to 9 Wall Street analysts, Frontier Group's projected average Quarter EPS for Sep 23 is $-0.17, with a low estimate of $-0.23 and a high estimate of $-0.13. This represents a -152.92% decrease compared to ULCC previous annual EPS of $0.32 (Jun 23).
Frontier Group Peer Comparison by Price Target
| Ticker | Company | Last Closing Price | Avg Price Target | Upside/Downside | Avg Rating |
|---|---|---|---|---|---|
| SAVE | Spirit Airlines | $2.47 | $17.48 | 607.69% | Buy |
| ULCC | Frontier Group | $5.97 | $10.96 | 83.58% | Hold |
| JBLU | JetBlue Airways | $5.77 | $9.63 | 66.90% | Hold |
| ALGT | Allegiant Travel Company | $63.01 | $97.50 | 54.74% | Hold |
| SNCY | Sun Country Airlines | $15.10 | $23.20 | 53.64% | Buy |
| ATSG | Air Transport Services Group | $17.40 | $26.67 | 53.28% | Buy |
| ALK | Alaska Air Group | $49.23 | $71.69 | 45.62% | Buy |
| LUV | Southwest Airlines | $30.61 | $43.08 | 40.74% | Hold |
| AAL | American Airlines Group | $13.54 | $18.91 | 39.66% | Hold |
| CPA | Copa | $97.63 | $122.25 | 25.22% | Buy |
| DAL | Delta Air Lines | $58.39 | $56.85 | -2.64% | Buy |
| UAL | United Airlines | $80.46 | $71.06 | -11.68% | Buy |
| SKYW | SkyWest | $101.33 | $42.00 | -58.55% | Buy |
ULCC Forecast FAQ
Is Frontier Group a good buy?
No, according to 10 Wall Street analysts, Frontier Group (ULCC) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 4 'Buy' recommendations, accounting for 40.00% of ULCC's total ratings.
What is ULCC's price target?
Frontier Group (ULCC) average price target is $10.96 with a range of $5 to $25, implying a 83.58% from its last price of $5.97. The data is based on 10 Wall Street analysts who provided a twelve-month price target estimate in the last three months.
Will Frontier Group stock go up soon?
According to Wall Street analysts' prediction for ULCC stock, the company can go up by 83.58% (from the last price of $5.97 to the average price target of $10.96), up by 318.76% based on the highest stock price target, and down by -16.25% based on the lowest stock price target.
Can Frontier Group stock reach $9?
ULCC's average twelve months analyst stock price target of $10.96 supports the claim that Frontier Group can reach $9 in the near future.
What is Frontier Group's current price target trend?
3 Wall Street analysts forecast a $6.38 price target for Frontier Group (ULCC) this month, up 6.87% from its last price of $5.97. Compared to the last 3 and 12 months, the average price target decreased by -8.21% and decreased by -3.02%, respectively.
What are Frontier Group's analysts' financial forecasts?
Frontier Group's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $4.2B (high $4.31B, low $4.12B), average EBITDA is $-138M (high $-135M, low $-141M), average net income is $98.84M (high $103M, low $95.52M), average SG&A $220.4M (high $225.97M, low $216.26M), and average EPS is $0.436 (high $0.455, low $0.422). ULCC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.85B (high $4.97B, low $4.76B), average EBITDA is $-159M (high $-156M, low $-163M), average net income is $208.48M (high $215.33M, low $203.39M), average SG&A $254.23M (high $260.66M, low $249.46M), and average EPS is $0.92 (high $0.95, low $0.898).
Did the ULCC's actual financial results beat the analysts' financial forecasts?
Based on Frontier Group's last annual report (Dec 2022), the company's revenue was $3.33B, beating the average analysts forecast of $3.32B by 0.09%. Apple's EBITDA was $-25M, missing the average prediction of $-289M by -91.34%. The company's net income was $-37M, missing the average estimation of $-134M by -72.43%. Apple's SG&A was $164M, beating the average forecast of $159.64M by 2.73%. Lastly, the company's EPS was $-0.17, beating the average prediction of $-0.0746 by 127.79%. In terms of the last quarterly report (Sep 2023), Frontier Group's revenue was $883M, missing the average analysts' forecast of $895.91M by -1.44%. The company's EBITDA was $-40M, beating the average prediction of $-29.322M by 36.42%. Frontier Group's net income was $-32M, missing the average estimation of $-38.373M by -16.61%. The company's SG&A was $41M, missing the average forecast of $46.97M by -12.72%. Lastly, the company's EPS was $-0.14, missing the average prediction of $-0.169 by -17.33%