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 100.37% upside from ULCC’s last price of $5.47) 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 100.37% upside from ULCC's last price of $5.47.
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% | 27.97% |
| Oct 22, 2024 | Stephen Trent | Citigroup | $7.15 | $6.91 | 3.47% | 30.71% |
| Oct 09, 2024 | Christopher Stathoulopoulos | Susquehanna | $5.00 | $5.83 | -14.24% | -8.59% |
| Sep 16, 2024 | Stephen Trent | Citigroup | $4.70 | $4.31 | 9.05% | -14.08% |
| Aug 16, 2024 | Christopher Stathoulopoulos | Susquehanna | $3.00 | $3.38 | -11.24% | -45.16% |
| Aug 12, 2024 | Brandon Oglenski | Barclays | $6.00 | $3.11 | 92.93% | 9.69% |
| Aug 09, 2024 | Andrew Didora | Bank of America Securities | $5.50 | $3.18 | 72.96% | 0.55% |
| Mar 19, 2024 | Atul Maheswari | UBS | $8.00 | $7.00 | 14.29% | 46.25% |
| Nov 16, 2022 | - | Cowen & Co. | $25.00 | $13.83 | 80.77% | 357.04% |
| Jul 28, 2022 | - | Raymond James | $15.00 | $12.81 | 17.13% | 174.22% |
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 27.97% increase from ULCC last price ($5.47).
Frontier Group Price Target by Period
| 1M | 3M | 12M | |
|---|---|---|---|
| # Anlaysts | 2 | 4 | 8 |
| Avg Price Target | $7.08 | $5.96 | $5.79 |
| Last Closing Price | $5.47 | $5.47 | $5.47 |
| Upside/Downside | 29.43% | 8.96% | 5.85% |
In the current month, the average price target of Frontier Group stock is $7.08, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 29.43% increase as opposed to Frontier Group's last price of $5.47. This month's average price target is up 18.79% compared to last quarter, and up 22.28% 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 | $962.17M | $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 | $1.23B | $1.26B | $1.27B | $1.13B | $1.08B | $1.10B | $1.10B | $958.22M | $968.02M | $951.31M | $1.03B | $859.21M | $897.33M | $974.90M | $974.62M | $864.24M | $945.54M | $908.72M | $864.60M | $611.82M | $642.41M | $600.17M | $538.42M | $262.19M |
| Low Forecast | $1.21B | $1.24B | $1.26B | $1.11B | $1.07B | $1.08B | $1.08B | $944.44M | $957.03M | $935.28M | $1.03B | $859.21M | $884.81M | $874.71M | $960.59M | $851.80M | $931.93M | $908.72M | $864.60M | $611.82M | $642.41M | $600.17M | $538.42M | $262.19M |
| # Analysts | 1 | 1 | 1 | 1 | 1 | 1 | 1 | 2 | 5 | 4 | 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 | 5 | 4 | 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 | $-33.52M | $-34.48M | $-34.81M | $-30.74M | $-29.57M | $-30.04M | $-29.98M | $-26.18M | $-26.50M | $-25.98M | $-28.28M | $-161.93M | $-24.60M | $-24.67M | $-26.62M | $-147.21M | $-114.13M | $-29.74M | $-28.30M | $-116.37M | $-21.02M | $-19.64M | $-17.62M | $-77.70M |
| High Forecast | $-33.30M | $-34.26M | $-34.59M | $-30.54M | $-29.38M | $-29.85M | $-29.79M | $-26.01M | $-26.36M | $-25.76M | $-28.28M | $-129.55M | $-24.37M | $-24.09M | $-26.46M | $-117.77M | $-91.30M | $-29.74M | $-28.30M | $-93.10M | $-21.02M | $-19.64M | $-17.62M | $-62.16M |
| Low Forecast | $-33.79M | $-34.76M | $-35.10M | $-30.99M | $-29.81M | $-30.29M | $-30.23M | $-26.39M | $-26.66M | $-26.20M | $-28.28M | $-194.32M | $-24.71M | $-26.85M | $-26.84M | $-176.65M | $-136.95M | $-29.74M | $-28.30M | $-139.65M | $-21.02M | $-19.64M | $-17.62M | $-93.24M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 1.62% | -3.49% | 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 $-24.67M, with a high of $-24.09M and a low of $-26.85M. This is -126.53% 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 | 5 | 4 | 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 | $38.37M | $72.23M | $76.74M | $20.31M | $28.44M | $35.44M | $50.43M | $-15.85M | $9.18M | $-5.36M | $26.87M | $-140.96M | $-51.66M | $-38.22M | $63.86M | $-128.15M | $-72.88M | $23.60M | $16.36M | $-101.30M | $-71.92M | $-46.51M | $-68.19M | $-84.17M |
| High Forecast | $38.78M | $72.99M | $77.56M | $20.53M | $28.74M | $35.81M | $50.96M | $-15.71M | $14.68M | $-5.32M | $27.43M | $-112.77M | $-47.36M | $-29.23M | $64.54M | $-102.52M | $-58.30M | $23.60M | $16.36M | $-81.04M | $-71.92M | $-46.51M | $-68.19M | $-67.34M |
| Low Forecast | $38.06M | $71.63M | $76.11M | $20.15M | $28.21M | $35.14M | $50.01M | $-16.01M | $3.67M | $-5.42M | $26.31M | $-169.15M | $-55.97M | $-51.71M | $63.34M | $-153.78M | $-87.45M | $23.60M | $16.36M | $-121.56M | $-71.92M | $-46.51M | $-68.19M | $-101.01M |
| Surprise % | - | - | - | - | - | - | - | - | - | - | - | - | - | 0.84% | 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 $-38.22M, with a range of $-51.71M to $-29.23M. ULCC's average Quarter net income forecast represents a -153.83% 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 | 5 | 4 | 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 | $50.45M | $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 | $64.33M | $66.18M | $66.81M | $58.99M | $56.75M | $57.66M | $57.55M | $50.24M | $50.75M | $49.88M | $53.84M | $44.74M | $47.05M | $51.11M | $51.10M | $40.67M | $47.85M | $47.64M | $45.33M | $32.15M | $33.68M | $31.47M | $28.23M | $18.87M |
| Low Forecast | $63.40M | $65.23M | $65.85M | $58.14M | $55.94M | $56.83M | $56.72M | $49.52M | $50.18M | $49.04M | $53.84M | $29.82M | $46.39M | $45.86M | $50.36M | $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 | 5 | 4 | 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 | $0.17 | $0.32 | $0.34 | $0.09 | $0.13 | $0.16 | $0.23 | $-0.07 | $0.07 | $-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 | $0.32 | $0.34 | $0.09 | $0.12 | $0.16 | $0.22 | $-0.07 | $0.02 | $-0.02 | $0.12 | $-0.18 | $-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 | $1.08 | $17.48 | 1518.52% | Buy |
| 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 |
| LUV | Southwest Airlines | $31.77 | $42.36 | 33.33% | Hold |
| ALGT | Allegiant Travel Company | $72.70 | $95.89 | 31.90% | Hold |
| ALK | Alaska Air Group | $53.14 | $69.07 | 29.98% | Buy |
| AAL | American Airlines Group | $14.46 | $18.65 | 28.98% | Hold |
| ATSG | Air Transport Services Group | $21.99 | $26.67 | 21.28% | Buy |
| CPA | Copa | $105.81 | $122.25 | 15.54% | Buy |
| DAL | Delta Air Lines | $63.64 | $59.42 | -6.63% | Buy |
| UAL | United Airlines | $94.63 | $74.06 | -21.74% | Buy |
| SKYW | SkyWest | $108.98 | $80.50 | -26.13% | Buy |