Allegiant Travel

ALGT · NASDAQ

$69.03+$2.72 (+4.10%)TodayMarket closed · Oct 20, 7:30 PM ET

Prev close $66.31

ALGT analyst rating

BuyConsensus of 13 analysts over the last 12 months. 69% rate it a buy.

Strong buy1
Buy8
Hold4
Underperform0
Sell0

12-month price target · 17 analysts

Average $122.36 (+77.3% upside)

Low: $102.01
Now: $69.03
High: $163.80

Upgrades and downgrades

The latest rating actions, newest first

ALGT analyst upgrades, downgrades and rating actions
Firm	Date	Action	Rating	Price target	Hit rate
Susquehanna	Oct 7, 2026	Maintains	Neutral	$110.00 → $85.00	66%
UBS	Sep 14, 2026	Upgrade	Neutral → Buy	$111.00 → $107.00	35%
Barclays	Sep 11, 2026	Maintains	Overweight	$145.00 → $115.00	50%
Raymond James	Aug 24, 2026	Upgrade	Outperform → Strong Buy	$138.00 → $116.00	53%
Susquehanna	Aug 7, 2026	Maintains	Neutral	$132.00 → $110.00	66%
UBS	Aug 5, 2026	Maintains	Neutral	$103.00 → $111.00	35%
Barclays	Jul 8, 2026	Initiates	Overweight	$145.00	50%
Melius Research	Jul 7, 2026	Upgrade	Hold → Buy	$160.00	31%
Susquehanna	Jul 7, 2026	Maintains	Neutral	$85.00 → $132.00	66%
Morgan Stanley	Jul 6, 2026	Maintains	Equal-Weight	$100.00 → $115.00	48%

The case for and against

Updated Oct 23, 2025

Bull case

Allegiant Travel Co. maintains a positive financial outlook despite the withdrawal of its 2025 guidance, aligning its position with peers while notably excluding United Airlines. The company continues to express confidence in achieving solid profitability, which indicates resilience in its business model amid a fluctuating market. The dual focus on budget airline operations and the development of leisure-related assets, such as the Sunseeker Resort, underscores its strategic approach to capturing traveler demand in underserved markets.

Bear case

Allegiant Travel Co faces significant earnings volatility due to competitive dynamics exacerbated by the fungibility of aircraft supply. The company's network concentration in Florida and Nevada creates vulnerability, particularly amid ongoing air traffic control issues stemming from understaffing in these regions. Furthermore, the expansion into hotel operations introduces concerns of increased cyclicality to its business model, potentially undermining the previously counter-cyclical nature of its ancillary sales.

Information on this page is provided for informational purposes only and is not a recommendation to buy, sell or hold any security. Investing involves risk, including possible loss of principal. Market data is delayed at least 15 minutes and is provided without warranty. Analyst ratings, price targets and company data come from third-party sources. Past performance does not guarantee future results.