Allegiant Travel (ALGT) Set to Release Quarterly Earnings on Wednesday

Key Points

• Allegiant Travel is expected to report Q3 2026 results after market close on Wednesday, November 4, with analysts forecasting a loss of $0.49 per share and revenue of $946.29 million.
• In the prior quarter, Allegiant posted $2.19 EPS, beating estimates of $1.27, while revenue rose 36.8% year over year to $943.49 million but fell short of expectations.
• Analysts maintain a “Moderate Buy” consensus with an average price target of $123.38, although recent ratings and targets have been mixed; shares recently traded at $73.59, down substantially from their 52-week high of $123.63.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) is anticipated to post its Q3 2026 results after the market closes on Wednesday, November 4th. Analysts expect the company to announce earnings of ($0.4861) per share and revenue of $946.29 million for the quarter. Allegiant Travel has set its Q3 2026 guidance at -1.000--0.000 EPS. Individuals may review the information on the company's upcoming Q3 2026 earnings overview page for the latest details on the call scheduled for Wednesday, November 4, 2026 at 4:30 PM ET.

Allegiant Travel (NASDAQ:ALGT - Get Free Report) last issued its quarterly earnings results on Tuesday, August 4th. The transportation company reported $2.19 EPS for the quarter, beating analysts' consensus estimates of $1.27 by $0.92. The business had revenue of $943.49 million for the quarter, compared to analyst estimates of $982.70 million. During the same period last year, the business posted $1.23 earnings per share. Allegiant Travel's revenue for the quarter was up 36.8% on a year-over-year basis. On average, analysts expect Allegiant Travel to post $5.64 EPS for the current fiscal year and $10.42 EPS for the next fiscal year.

Allegiant Travel Stock Up 7.3%

Shares of NASDAQ ALGT opened at $73.59 on Wednesday. The stock has a market cap of $2.01 billion, a P/E ratio of 52.19 and a beta of 1.55. The firm's 50-day simple moving average is $75.94 and its 200 day simple moving average is $87.96. Allegiant Travel has a fifty-two week low of $57.11 and a fifty-two week high of $123.63.

Analysts Set New Price Targets

A number of equities analysts recently issued reports on the stock. The Goldman Sachs Group increased their target price on shares of Allegiant Travel from $125.00 to $142.00 and gave the company a "buy" rating in a research report on Thursday, July 2nd. Wall Street Zen downgraded shares of Allegiant Travel from a "buy" rating to a "hold" rating in a research report on Saturday, August 15th. Zacks Research lowered shares of Allegiant Travel from a "strong-buy" rating to a "hold" rating in a research note on Tuesday, September 15th. Barclays decreased their price objective on shares of Allegiant Travel from $145.00 to $115.00 and set an "overweight" rating for the company in a report on Friday, September 11th. Finally, Weiss Ratings upgraded shares of Allegiant Travel from a "sell (d-)" rating to a "sell (d)" rating in a research note on Tuesday, August 11th. One analyst has rated the stock with a Strong Buy rating, nine have issued a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, Allegiant Travel has an average rating of "Moderate Buy" and an average target price of $123.38.

About Allegiant Travel

Allegiant Travel Company is a leisure-focused travel company headquartered in Las Vegas, Nevada. Its principal operating subsidiary, Allegiant Air, is a low-cost airline that provides scheduled and charter passenger service, primarily connecting smaller and mid-sized U.S. cities with popular vacation destinations.

Allegiant Air's business model emphasizes nonstop routes, low base fares and optional services such as seat selection, baggage, priority boarding and other travel-related amenities.

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