ALGT icon

Allegiant Air

62.06 USD
-1.39
2.19%
At close Updated Sep 17, 4:00 PM EDT
Pre-market
After hours
62.06
0.00
0%
1 day
-2.19%
5 days
-3%
1 month
8.19%
3 months
18.73%
6 months
14.48%
Year to date
-32.51%
1 year
46.82%
5 years
-55.19%
10 years
-71.63%
 

About: Allegiant Travel Co is a leisure travel company focused on providing travel and leisure services and products to residents of under-served cities in the United States. It operates a low-cost, low utilization passenger airline marketed to leisure travelers in under-served cities, allowing it to sell air transportation both on a stand-alone basis and bundled with the sale of air-related and third-party services and products. In addition, it provides air transportation under fixed-fee flight arrangements. In connection with its leisure travel focus, the company has opened Sunseeker Resort Charlotte Harbor, equipped with several guestrooms and food and beverage outlets. The company's operating segments are the Airline, which generates maximum revenue, and Sunseeker Resort.

Employees: 5,980

0
Funds holding %
of 7,463 funds
0
Analysts bullish %
of 5 analysts

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

487% more call options, than puts

Call options by funds: $52.7M | Put options by funds: $8.97M

50% more funds holding in top 10

Funds holding in top 10: 2 [Q1] → 3 (+1) [Q2]

17% more repeat investments, than reductions

Existing positions increased: 82 | Existing positions reduced: 70

9% more capital invested

Capital invested by funds: $883M [Q1] → $963M (+$80.1M) [Q2]

2.79% more ownership

Funds ownership: 93.24% [Q1] → 96.03% (+2.79%) [Q2]

8% more first-time investments, than exits

New positions opened: 39 | Existing positions closed: 36

0% more funds holding

Funds holding: 221 [Q1] → 222 (+1) [Q2]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

Low target
$45
27% downside
Avg. target
$61
2% downside
High target
$83
34% upside

5 analyst ratings

positive
20%
neutral
60%
negative
20%
UBS
Thomas Wadewitz
$52
Neutral
Maintained
6 Aug 2025
Susquehanna
Christopher Stathoulopoulos
$50
Neutral
Maintained
5 Aug 2025
B of A Securities
Andrew Didora
$45
Underperform
Maintained
8 Jul 2025
Morgan Stanley
Ravi Shanker
$83
Equal-Weight
Maintained
7 Jul 2025
Evercore ISI Group
Duane Pfennigwerth
$75
Outperform
Upgraded
1 Jul 2025

Financial journalist opinion

Based on 9 articles about ALGT published over the past 30 days

Positive
Zacks Investment Research
6 days ago
Allegiant August 2025 Traffic Numbers Improve Year Over Year
ALGT's August traffic rose year over year, but traffic growth lagged capacity expansion leading to a dip in load factor.
Allegiant August 2025 Traffic Numbers Improve Year Over Year
Neutral
PRNewsWire
7 days ago
Allegiant Reports August 2025 Traffic
LAS VEGAS , Sept. 10, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for August 2025.
Allegiant Reports August 2025 Traffic
Positive
Zacks Investment Research
8 days ago
Allegiant to Launch New Nonstop Flights for Boosting Connectivity
The latest move is expected to boost ALGT's competitive position in the airline industry.
Allegiant to Launch New Nonstop Flights for Boosting Connectivity
Neutral
PRNewsWire
9 days ago
Allegiant Announces New Nonstop Routes to Five Cities, Welcoming Burbank, California to Its Growing Network
LAS VEGAS , Sept. 9, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today announced three new nonstop routes connecting five cities nationwide, including new service to Burbank, California via Hollywood Burbank Airport (BUR).
Allegiant Announces New Nonstop Routes to Five Cities, Welcoming Burbank, California to Its Growing Network
Positive
Zacks Investment Research
14 days ago
Allegiant Travel (ALGT) Up 32% Since Last Earnings Report: Can It Continue?
Allegiant Travel (ALGT) reported earnings 30 days ago. What's next for the stock?
Allegiant Travel (ALGT) Up 32% Since Last Earnings Report: Can It Continue?
Positive
Zacks Investment Research
19 days ago
Allegiant July 2025 Traffic Numbers Improve Year Over Year
ALGT's July traffic rose year over year, but capacity outpaced demand, leading to a dip in load factor despite strong growth.
Allegiant July 2025 Traffic Numbers Improve Year Over Year
Neutral
PRNewsWire
19 days ago
Allegiant Reports July 2025 Traffic
LAS VEGAS , Aug. 29, 2025 /PRNewswire/ -- Allegiant Travel Company (NASDAQ: ALGT) today reported preliminary passenger traffic results for July 2025. Scheduled Service – Year Over Year Comparison July 2025 July 2024 Change Passengers 2,092,740 1,897,963 10.3 % Revenue passenger miles (000) 1,856,141 1,683,321 10.3 % Available seat miles (000) 2,143,669 1,923,205 11.5 % Load factor 86.6 % 87.5 %  (0.9pts) Departures 14,061 12,580 11.8 % Average stage length (miles) 867 870 (0.4 %) Total System* – Year Over Year Comparison July 2025 July 2024 Change Passengers 2,100,774 1,908,813 10.1 % Available seat miles (000) 2,181,468 1,968,720 10.8 % Departures 14,330 12,912 11.0 % Average stage length (miles) 866 868 (0.2 %) *Total system includes scheduled service and fixed fee contract.
Allegiant Reports July 2025 Traffic
Positive
Zacks Investment Research
22 days ago
Here's Why You Should Give Allegiant Stock a Miss Now
ALGT faces steep earnings cuts, a 20% share drop and soaring expenses, signaling mounting financial and operational strain.
Here's Why You Should Give Allegiant Stock a Miss Now
Positive
Seeking Alpha
27 days ago
Allegiant Travel Company: Sunseeker Failure Ends, Upside For Airline Operations
Allegiant's sale of Sunseeker Resort, though at a loss, removes a major earnings drag and clarifies the investment case. The airline business faces typical industry risks but is positioned for efficiency gains with the Boeing 737 MAX fleet expansion. Despite sector-wide skepticism, Allegiant's low leverage and improved focus create a speculative buy opportunity with significant upside potential.
Allegiant Travel Company: Sunseeker Failure Ends, Upside For Airline Operations
Neutral
PRNewsWire
1 month ago
Allegiant Pilots Local 2118 Prepare for Vote of No Confidence in Management
LAS VEGAS , Aug. 14, 2025 /PRNewswire/ -- The pilots of Allegiant Air (NASDAQ: ALGT), represented by the International Brotherhood of Teamsters Local 2118, announced today that they are preparing to hold a formal Vote of No Confidence in Allegiant's current management team and its Board of Directors. The decision comes after years of repeated failures, poor strategic decisions, and reckless spending by company leadership — actions that pilots say threaten the long-term health and stability of the airline, regardless of the outcome of ongoing contract negotiations.
Allegiant Pilots Local 2118 Prepare for Vote of No Confidence in Management
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