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Frontier Group (ULCC) Stock Forecast, Price Target & Predictions

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ULCC Stock Forecast

Frontier Group stock forecast is as follows: an average price target of $6.53 (represents a -3.26% downside from ULCC’s last price of $6.75) 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 $6.53 based on 1-year price targets from 10 Wall Street analysts in the past 3 months, with a price target range of $8.00 to $5.00. This represents a potential -3.26% downside from ULCC's last price of $6.75.

ULCC Analyst Ratings

Hold

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

DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Dec 11, 2024Michael LinenbergDeutsche Bank$8.00$6.8916.11%18.52%
Oct 30, 2024Brandon OglenskiBarclays$7.00$6.2212.54%3.70%
Oct 22, 2024Stephen TrentCitigroup$7.15$6.913.47%5.93%
Oct 09, 2024Christopher StathoulopoulosSusquehanna$5.00$5.83-14.24%-25.93%
Sep 16, 2024Stephen TrentCitigroup$4.70$4.319.05%-30.37%
Aug 16, 2024Christopher StathoulopoulosSusquehanna$3.00$3.38-11.24%-55.56%
Aug 12, 2024Brandon OglenskiBarclays$6.00$3.1192.93%-11.11%
Aug 09, 2024Andrew DidoraBank of America Securities$5.50$3.1872.96%-18.52%
Mar 19, 2024Atul MaheswariUBS$8.00$7.0014.29%18.52%
Nov 16, 2022Cowen & Co.$25.00$13.8380.77%270.37%
Jul 28, 2022Raymond James$15.00$12.8117.13%122.22%
Jul 12, 2022Susquehanna$13.00$11.2315.71%92.59%
Jun 27, 2022Evercore ISI$15.00$9.5457.15%122.22%
Jun 23, 2022Savanthi SythRaymond James$14.00$9.6944.48%107.41%

The latest Frontier Group stock forecast, released on Dec 11, 2024 by Michael Linenberg from Deutsche Bank, set a price target of $8.00, which represents a 16.11% increase from the stock price at the time of the forecast ($6.89), and a 18.52% increase from ULCC last price ($6.75).

Frontier Group Price Target by Period

1M3M12M
# Anlaysts149
Avg Price Target$8.00$6.79$6.04
Last Closing Price$6.75$6.75$6.75
Upside/Downside18.52%0.59%-10.52%

In the current month, the average price target of Frontier Group stock is $8.00, according to 1 Wall Street analyst offering twelve months forecast. The average price target represents a 18.52% increase as opposed to Frontier Group's last price of $6.75. This month's average price target is up 17.82% compared to last quarter, and up 32.45% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Dec 11, 2024Deutsche BankBuyBuyUpgrade
Oct 30, 2024BarclaysOverweightOverweightHold
Oct 22, 2024CitigroupNeutralNeutralHold
Oct 09, 2024SusquehannaNeutralNeutralHold
Sep 30, 2024Piper SandlerOverweightUpgrade
Sep 30, 2024Raymond JamesUnderperformMarket PerformUpgrade
Sep 16, 2024Cowen & Co.HoldHoldHold
Sep 16, 2024CitigroupNeutralNeutralHold
Aug 16, 2024SusquehannaNeutralNeutralHold
Aug 12, 2024BarclaysOverweightOverweightHold
Aug 09, 2024Bank of America SecuritiesNeutralNeutralHold
Jul 17, 2024Cowen & Co.HoldHoldHold
Jul 05, 2024Raymond JamesMarket PerformUnderperformDowngrade
May 28, 2024Raymond JamesOutperformMarket PerformDowngrade
Apr 04, 2024BarclaysOverweightOverweightHold
Sep 14, 2023Cowen & Co.OutperformMarket PerformDowngrade
Aug 08, 2023SusquehannaNeutralNeutralHold
Nov 16, 2022Cowen & Co.OutperformOutperformHold
Nov 14, 2022BarclaysOverweightOverweightHold
Jul 28, 2022Raymond JamesOutperformOutperformHold
Jul 12, 2022SusquehannaPositivePositiveHold
Jun 27, 2022Evercore ISIOutperformOutperformHold
Jun 23, 2022Raymond JamesOutperformUpgrade
Apr 26, 2022Zacks Investment ResearchHoldUpgrade
Apr 26, 2021BarclaysOverweightInitialise
Apr 26, 2021Deutsche BankBuyInitialise

Frontier Group's last stock rating was published by Deutsche Bank on Dec 11, 2024. The company gave ULCC a "Buy" rating, the same as its previous rate.

Frontier Group Financial Forecast

Frontier Group Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 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$1.23B$1.22B$1.27B$1.11B$1.08B$1.08B$1.10B$955.33M$963.36M$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$1.24B$1.24B$1.28B$1.12B$1.09B$1.10B$1.11B$966.62M$968.95M$951.31M$1.03B$859.21M$897.33M$974.90M$978.15M$867.37M$948.96M$908.72M$864.60M$611.82M$642.41M$600.17M$538.42M$262.19M
Low Forecast$1.21B$1.21B$1.25B$1.09B$1.07B$1.07B$1.09B$945.90M$956.79M$935.28M$1.03B$859.21M$884.81M$874.71M$957.19M$848.78M$928.62M$908.72M$864.60M$611.82M$642.41M$600.17M$538.42M$262.19M
# Analysts111111125422496437434744
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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111125422496437434744
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$-33.76M$-33.62M$-34.88M$-30.44M$-29.75M$-29.87M$-30.21M$-26.31M$-26.53M$-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$-33.42M$-33.29M$-34.54M$-30.14M$-29.45M$-29.58M$-29.91M$-26.05M$-26.35M$-25.76M$-28.28M$-129.55M$-24.37M$-24.09M$-26.36M$-117.77M$-91.30M$-29.74M$-28.30M$-93.10M$-21.02M$-19.64M$-17.62M$-62.16M
Low Forecast$-34.16M$-34.02M$-35.30M$-30.80M$-30.10M$-30.22M$-30.57M$-26.62M$-26.69M$-26.20M$-28.28M$-194.32M$-24.71M$-26.85M$-26.94M$-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111125422496437434744
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$34.58M$54.40M$97.71M$34.62M$22.82M$30.05M$55.05M$-9.62M$9.54M$-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$35.11M$55.24M$99.21M$35.16M$23.17M$30.52M$55.90M$-9.50M$15.27M$-5.29M$27.43M$-112.77M$-47.36M$-29.23M$64.84M$-102.52M$-58.30M$23.60M$16.36M$-81.04M$-71.92M$-46.51M$-68.19M$-67.34M
Low Forecast$34.13M$53.70M$96.45M$34.18M$22.53M$29.67M$54.35M$-9.77M$5.72M$-5.44M$26.31M$-169.15M$-55.97M$-51.71M$63.04M$-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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111125422496437434744
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$64.26M$64.01M$66.41M$57.96M$56.63M$56.87M$57.51M$50.09M$50.51M$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$65.02M$64.76M$67.19M$58.64M$57.30M$57.54M$58.19M$50.68M$50.80M$49.88M$53.84M$44.74M$47.05M$51.11M$51.28M$40.67M$47.85M$47.64M$45.33M$32.15M$33.68M$31.47M$28.23M$18.87M
Low Forecast$63.63M$63.37M$65.75M$57.38M$56.07M$56.30M$56.95M$49.59M$50.16M$49.04M$53.84M$29.82M$46.39M$45.86M$50.19M$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 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21
# Analysts111111125422496437434744
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$0.15$0.24$0.43$0.15$0.10$0.13$0.24$-0.04$0.04$-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$0.16$0.24$0.44$0.16$0.10$0.14$0.25$-0.04$0.07$-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$0.15$0.24$0.43$0.15$0.10$0.13$0.24$-0.04$0.03$-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

TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
CPACopa$87.97$125.0042.09%Buy
SKYWSkyWest$103.33$119.0015.17%Buy
DALDelta Air Lines$60.81$68.0511.91%Buy
SNCYSun Country Airlines$14.90$16.007.38%Buy
ULCCFrontier Group$6.49$6.530.62%Hold
UALUnited Airlines$94.99$89.89-5.37%Buy
ALKAlaska Air Group$63.20$58.80-6.96%Buy
LUVSouthwest Airlines$32.81$30.28-7.71%Hold
ATSGAir Transport Services Group$21.90$20.00-8.68%Buy
JBLUJetBlue Airways$7.30$6.31-13.56%Hold
AALAmerican Airlines Group$16.72$14.44-13.64%Hold
ALGTAllegiant Travel Company$83.73$62.75-25.06%Hold

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 $6.53 with a range of $5 to $8, implying a -3.26% from its last price of $6.75. 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 down by -3.26% (from the last price of $6.75 to the average price target of $6.53), up by 18.52% based on the highest stock price target, and down by -25.93% based on the lowest stock price target.

Can Frontier Group stock reach $10?

ULCC's average twelve months analyst stock price target of $6.53 does not support the claim that Frontier Group can reach $10 in the near future.

What is Frontier Group's current price target trend?

1 Wall Street analyst forecast a $8 price target for Frontier Group (ULCC) this month, up 18.52% from its last price of $6.75. Compared to the last 3 and 12 months, the average price target increased by 0.59% and decreased by -10.52%, 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 $4.22B (high $4.27B, low $4.18B), average EBITDA is $-116M (high $-115M, low $-118M), average net income is $98.31M (high $100.09M, low $96.77M), average SG&A $221.1M (high $223.71M, low $218.91M), and average EPS is $0.436 (high $0.443, low $0.429). ULCC's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $4.82B (high $4.88B, low $4.77B), average EBITDA is $-133M (high $-131M, low $-134M), average net income is $221.3M (high $224.7M, low $218.46M), average SG&A $252.63M (high $255.62M, low $250.14M), and average EPS is $0.98 (high $0.996, low $0.968).

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 $-24.674M by 62.11%. Frontier Group's net income was $-32M, missing the average estimation of $-38.223M by -16.28%. 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%