Susquehanna Increases Frontier Group (NASDAQ:ULCC) Price Target to $4.50

Key Points

• Susquehanna raised its price target on Frontier Group (NASDAQ:ULCC) from $3.40 to $4.50 while keeping a "neutral" rating, a target that still implies about a 6.5% downside from the stock's current price.
• Q1 results beat estimates — Frontier reported ($0.30) EPS vs. a ($0.37) consensus and revenue of $1.07B (up ~16.8% year-over-year), but the company remains unprofitable and issued Q2 guidance of -$0.60 to -$0.45 amid rising jet-fuel costs that could widen losses.
• Analyst views are mixed: Citigroup lifted its target to $4.90, MarketBeat shows an average price target of $5.06, and the consensus rating is "Reduce" with most analysts at Hold/Sell.

Frontier Group (NASDAQ:ULCC - Get Free Report) had its price target raised by equities research analysts at Susquehanna from $3.40 to $4.50 in a note issued to investors on Wednesday,Benzinga reports. The brokerage presently has a "neutral" rating on the stock. Susquehanna's price target suggests a potential downside of 6.54% from the stock's current price.

Several other brokerages also recently commented on ULCC. Barclays reiterated an "underweight" rating and issued a $4.00 target price (down from $6.00) on shares of Frontier Group in a report on Monday, March 2nd. Bank of America reiterated an "underperform" rating and issued a $4.00 price objective (down from $5.00) on shares of Frontier Group in a research note on Tuesday, January 6th. Citigroup boosted their target price on Frontier Group from $3.50 to $4.90 and gave the stock a "neutral" rating in a research note on Monday. Wall Street Zen upgraded Frontier Group from a "strong sell" rating to a "sell" rating in a research note on Saturday. Finally, Deutsche Bank Aktiengesellschaft downgraded Frontier Group from a "buy" rating to a "hold" rating and set a $6.00 target price on the stock. in a research note on Tuesday, February 10th. Five research analysts have rated the stock with a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has an average rating of "Reduce" and an average price target of $5.06.

Frontier Group Stock Up 10.2%

Shares of NASDAQ:ULCC traded up $0.45 during mid-day trading on Wednesday, hitting $4.82. 2,602,073 shares of the company traded hands, compared to its average volume of 4,781,438. The stock has a market cap of $1.11 billion, a P/E ratio of -7.93 and a beta of 2.41. The company has a current ratio of 0.46, a quick ratio of 0.41 and a debt-to-equity ratio of 0.73. Frontier Group has a 12-month low of $3.02 and a 12-month high of $6.66. The stock has a 50-day moving average price of $3.82 and a two-hundred day moving average price of $4.43.

Frontier Group (NASDAQ:ULCC - Get Free Report) last announced its quarterly earnings results on Tuesday, May 5th. The company reported ($0.30) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.37) by $0.07. Frontier Group had a negative return on equity of 27.39% and a negative net margin of 3.68%.The business had revenue of $1.07 billion during the quarter, compared to the consensus estimate of $1.04 billion. During the same quarter in the prior year, the company posted ($0.19) earnings per share. Frontier Group's revenue was up 16.8% compared to the same quarter last year. Frontier Group has set its Q2 2026 guidance at -0.600--0.45 EPS. On average, equities research analysts forecast that Frontier Group will post -1.24 earnings per share for the current year.

Insider Buying and Selling at Frontier Group

In other news, SVP Steve Schuller sold 5,000 shares of the business's stock in a transaction that occurred on Friday, February 6th. The stock was sold at an average price of $6.00, for a total value of $30,000.00. Following the transaction, the senior vice president owned 94,926 shares in the company, valued at $569,556. The trade was a 5.00% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. 48.00% of the stock is owned by insiders.

Hedge Funds Weigh In On Frontier Group

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Caitong International Asset Management Co. Ltd bought a new stake in shares of Frontier Group in the 3rd quarter worth approximately $27,000. Quarry LP bought a new stake in shares of Frontier Group in the 4th quarter worth approximately $34,000. Brooklyn Investment Group raised its holdings in shares of Frontier Group by 490.7% in the 3rd quarter. Brooklyn Investment Group now owns 10,928 shares of the company's stock worth $48,000 after purchasing an additional 9,078 shares during the period. Wealth Enhancement Advisory Services LLC bought a new stake in shares of Frontier Group in the 3rd quarter worth approximately $49,000. Finally, Jones Financial Companies Lllp raised its holdings in shares of Frontier Group by 2,439.2% in the 3rd quarter. Jones Financial Companies Lllp now owns 12,366 shares of the company's stock worth $61,000 after purchasing an additional 11,879 shares during the period.

Trending Headlines about Frontier Group

Here are the key news stories impacting Frontier Group this week:

• Positive Sentiment: Q1 EPS beat and revenue growth — Frontier reported ($0.30) EPS vs. a ($0.37) consensus and revenue roughly $1.06–1.07B, up ~17% year-over-year, which supports the market’s positive reaction. Frontier Airlines Reports First Quarter 2026 Financial Results
• Positive Sentiment: Q2 EPS guide roughly in line (slightly better) with Street — Frontier set Q2 2026 EPS guidance of -0.60 to -0.45 versus a consensus near -0.61, which moderates downside expectations for the quarter. Frontier Airlines forecasts bigger-than-expected quarterly loss amid soaring fuel prices
• Positive Sentiment: Near-term demand/revenue tailwind from Spirit shutdown — Management expects to capture incremental revenue and routes after Spirit’s collapse, a potential upside to load factors and yields as competitors reallocate capacity. Frontier Airlines forecasts revenue boost from Spirit collapse
• Positive Sentiment: Analyst price-target lift — Citigroup raised its price target to $4.90 (neutral rating), signaling some analyst confidence in the post-earnings setup. Benzinga
• Neutral Sentiment: Management commentary and detail available — The full earnings-call transcript provides color on capacity, unit revenue trends, and cost drivers for investors doing deeper due diligence. Frontier Group Holdings, Inc. (ULCC) Q1 2026 Earnings Call Transcript
• Neutral Sentiment: Key metric analysis mixed — Some outlets flag slight misses/variation on revenue and other operating metrics versus different estimates; the headline beat masks mixed internal trends investors should watch (unit revenue, yields, and costs). Compared to Estimates, Frontier Group (ULCC) Q1 Earnings: A Look at Key Metrics
• Negative Sentiment: Soaring jet-fuel costs are a material headwind — Multiple reports highlight that fuel expenses jumped, forcing management to forecast a larger quarterly loss and pressuring margins. This is the key risk pressuring the stock despite the EPS beat. Frontier Airlines (ULCC) Stock Dips on Rising Fuel Expenses and Wider Q2 Loss Projection
• Negative Sentiment: Bigger-than-expected loss outlook reported — Reuters and others note Frontier warned of a wider Q2 loss tied to fuel; sustained high fuel or weaker fares would pressure cash flow and performance. Frontier Airlines forecasts bigger-than-expected quarterly loss amid soaring fuel prices
• Negative Sentiment: Company remains unprofitable with weak margins and balance-sheet/leverage considerations — Frontier reported negative net margin and negative ROE; leverage and low current/quick ratios are investor risks if costs remain elevated. MarketBeat ULCC profile

About Frontier Group

Frontier Group, trading on Nasdaq under the ticker ULCC, is the holding company for Frontier Airlines, an ultra-low-cost carrier based in Denver, Colorado. The company’s core business centers on providing no-frills air travel across a point-to-point network while generating ancillary revenue from add-on services such as baggage fees, seat selection, priority boarding and in-flight refreshments. This fare-plus-a-la-carte model allows Frontier to offer competitive base fares and maintain low operating costs.

Founded in February 1994 by industry veterans Andrew Levy and Russell Beardsmore, Frontier Airlines commenced operations with a small fleet of MD-80 aircraft.

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