Allegiant Travel - ALGT Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $95.70
Forecasted Upside: 40.67%
Number of Analysts: 10
Breakdown:
1 Sell Ratings
6 Hold Ratings
3 Buy Ratings
0 Strong Buy Ratings

^$68.03 As of 11/28/2023 06:11 PM ET

▲ +0.25 (0.37%)

1 month | 3 months | 12 months

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Analyst Price Target for ALGT

^$95.70

▲ +40.67% Upside Potential

This price target is based on 10 analysts offering 12 month price targets for Allegiant Travel in the last 3 months. The average price target is $95.70, with a high forecast of $145.00 and a low forecast of $65.00. The average price target represents a 40.67% upside from the last price of $68.03.

Current Consensus is Hold

The current consensus among 10 investment analysts is to hold stock in Allegiant Travel. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

6/6/2022

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

9/4/2022

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

12/3/2022

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

3/3/2023

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

6/1/2023

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

8/30/2023

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

10/29/2023

0 strong buy ratings
3 buy ratings
6 hold ratings
1 sell ratings

Ratings as of

11/28/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
11/7/2023	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$100.00 ➝ $95.00	Low
11/6/2023	Barclays	Lower Target	Equal Weight ➝ Equal Weight	$75.00 ➝ $65.00	Low
10/11/2023	Susquehanna	Lower Target	Neutral ➝ Neutral	$120.00 ➝ $80.00	Low
10/5/2023	Barclays	Lower Target		$122.00 ➝ $75.00	Low
10/2/2023	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$120.00 ➝ $100.00	Low
9/25/2023	Raymond James	Lower Target	Outperform ➝ Outperform	$145.00 ➝ $118.00	Low
8/28/2023	Evercore ISI	Lower Target	In-Line ➝ In-Line	$125.00 ➝ $110.00	Low
8/8/2023	Susquehanna	Boost Target	Neutral ➝ Neutral	$110.00 ➝ $120.00	Low
8/3/2023	Raymond James	Boost Target	Outperform ➝ Outperform	$140.00 ➝ $145.00	Low
7/13/2023	Barclays	Boost Target		$105.00 ➝ $122.00	Low
7/6/2023	Morgan Stanley	Boost Target		$115.00 ➝ $120.00	Low
6/26/2023	92 Resources	Reiterated Rating	Maintains		Low
6/15/2023	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$110.00 ➝ $145.00	Low
5/15/2023	Raymond James	Boost Target		$118.00 ➝ $123.00	Low
5/4/2023	Susquehanna	Boost Target		$90.00 ➝ $105.00	Low
5/1/2023	Bank of America	Downgrade	Neutral ➝ Underperform		Low
3/10/2023	Barclays	Downgrade	Overweight ➝ Equal Weight	$96.00 ➝ $105.00	Low
2/2/2023	Deutsche Bank Aktiengesellschaft	Boost Target	Hold	$75.00 ➝ $85.00	Low
2/2/2023	Bank of America	Lower Target	Neutral	$90.00 ➝ $85.00	Low
2/2/2023	Raymond James	Reiterated Rating	Buy	$120.00 ➝ $118.00	Low
2/2/2023	Cowen	Boost Target	Market Perform	$80.00 ➝ $83.00	Low
1/11/2023	Barclays	Lower Target	Overweight	$100.00 ➝ $96.00	Low
1/11/2023	Susquehanna	Downgrade	Positive ➝ Neutral	$90.00	Low
1/5/2023	Raymond James	Lower Target	Outperform	$130.00 ➝ $120.00	Low
12/20/2022	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$106.00 ➝ $75.00	Low
12/16/2022	The Goldman Sachs Group	Initiated Coverage	Buy	$96.00	Low
12/15/2022	Cowen	Downgrade	Outperform ➝ Market Perform	$80.00	Low
12/15/2022	Cowen	Downgrade	Outperform ➝ Market Perform	$80.00	Low
12/5/2022	Morgan Stanley	Downgrade	Overweight ➝ Equal Weight	$175.00 ➝ $115.00	N/A
11/7/2022	Morgan Stanley	Lower Target	Overweight	$190.00 ➝ $175.00	Low
11/3/2022	Cowen	Lower Target		$153.00 ➝ $120.00	Low
11/3/2022	Cowen	Lower Target		$153.00 ➝ $120.00	Low
10/12/2022	Barclays	Lower Target		$150.00 ➝ $100.00	Low
10/11/2022	Susquehanna Bancshares	Lower Target		$140.00 ➝ $110.00	Low
10/11/2022	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$190.00 ➝ $106.00	Low
10/11/2022	Susquehanna	Lower Target		$140.00 ➝ $110.00	Low
10/6/2022	Bank of America	Lower Target	Neutral	$125.00 ➝ $100.00	Low
10/4/2022	Raymond James	Lower Target		$150.00 ➝ $130.00	Low
10/3/2022	Morgan Stanley	Lower Target	Overweight	$200.00 ➝ $190.00	Low
9/8/2022	Raymond James	Upgrade	Market Perform ➝ Outperform	$150.00	Low
8/24/2022	Morgan Stanley	Lower Target	Overweight	$237.00 ➝ $200.00	Low
8/15/2022	Melius	Initiated Coverage	Hold		Low
8/12/2022	Wolfe Research	Downgrade	Outperform ➝ Peer Perform	$116.00	Low
8/10/2022	Barclays	Lower Target	Overweight	$180.00 ➝ $150.00	Low
8/4/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$245.00 ➝ $190.00	Low
7/12/2022	Susquehanna Bancshares	Lower Target	Positive	$185.00 ➝ $140.00	N/A
7/12/2022	Susquehanna	Lower Target	Positive	$185.00 ➝ $140.00	N/A
7/12/2022	Barclays	Lower Target	Overweight	$220.00 ➝ $180.00	N/A
7/8/2022	Morgan Stanley	Lower Target	Overweight	$250.00 ➝ $237.00	N/A
6/27/2022	Evercore ISI	Lower Target	In-Line	$175.00 ➝ $150.00	Low
5/17/2022	Morgan Stanley	Lower Target	Overweight	$250.00	High
4/7/2022	Barclays	Lower Target		$275.00 ➝ $220.00	High
4/4/2022	Morgan Stanley	Lower Target	Overweight	$270.00 ➝ $267.00	Low
2/3/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$275.00 ➝ $247.00	Medium
1/14/2022	Barclays	Lower Target	Overweight	$305.00 ➝ $275.00	Low
1/11/2022	Morgan Stanley	Lower Target	Overweight	$280.00 ➝ $270.00	Medium
1/7/2022	Bank of America	Downgrade	Buy ➝ Neutral	$225.00 ➝ $200.00	Medium
1/5/2022	Raymond James	Downgrade	Strong-Buy ➝ Market Perform		High
11/16/2021	Morgan Stanley	Lower Target	Overweight	$300.00 ➝ $280.00	High
11/16/2021	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$245.00 ➝ $250.00	High
10/29/2021	Susquehanna Bancshares	Lower Target	Positive	$255.00 ➝ $240.00	Low
10/29/2021	Susquehanna	Lower Target	Positive	$255.00 ➝ $240.00	Low
10/28/2021	Raymond James	Lower Target	Strong-Buy	$260.00 ➝ $235.00	High
10/12/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$285.00 ➝ $275.00	Low
10/6/2021	Wolfe Research	Downgrade	Outperform ➝ Peer Perform		High
10/6/2021	The Goldman Sachs Group	Lower Target	Positive ➝ Neutral	$278.00 ➝ $265.00	Medium
9/14/2021	Morgan Stanley	Lower Target	Overweight	$326.00 ➝ $300.00	Medium
7/29/2021	Bank of America	Upgrade	Neutral ➝ Buy	$260.00	Medium
7/21/2021	Raymond James	Lower Target	Strong-Buy	$290.00 ➝ $260.00	High
7/21/2021	MKM Partners	Upgrade	Neutral ➝ Buy	$230.00	High
7/13/2021	Susquehanna Bancshares	Initiated Coverage	Positive	$245.00	High
7/13/2021	Susquehanna	Initiated Coverage	Positive	$245.00	High
6/10/2021	MKM Partners	Initiated Coverage	Neutral	$230.00	High
6/1/2021	Morgan Stanley	Boost Target	Overweight	$325.00 ➝ $326.00	Low
5/5/2021	Morgan Stanley	Boost Target	Overweight	$300.00 ➝ $325.00	Medium
4/15/2021	Barclays	Boost Target	Overweight	$237.00 ➝ $300.00	Low
4/14/2021	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$250.00 ➝ $285.00	Low
4/12/2021	Raymond James	Boost Target	Strong-Buy	$230.00 ➝ $290.00	Low
3/16/2021	The Goldman Sachs Group	Boost Target	Neutral	$156.00 ➝ $278.00	High
3/8/2021	Morgan Stanley	Boost Target	Overweight	$190.00 ➝ $300.00	Medium
3/5/2021	Wolfe Research	Upgrade	Underweight ➝ Market Weight	$200.00 ➝ $238.00	High
2/4/2021	Raymond James	Boost Target	Strong-Buy	$215.00 ➝ $230.00	High
2/4/2021	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$180.00 ➝ $250.00	High
1/11/2021	Cowen	Upgrade	Market Perform ➝ Outperform	$214.00	High
1/8/2021	Bank of America	Downgrade	Buy ➝ Neutral		Medium
12/14/2020	Morgan Stanley	Boost Target	Overweight	$175.00 ➝ $190.00	Medium
12/11/2020	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$145.00 ➝ $180.00	High
12/1/2020	Raymond James	Reiterated Rating	Hold		Low
11/30/2020	Raymond James	Boost Target	Strong-Buy	$155.00 ➝ $215.00	High
11/12/2020	Cowen	Boost Target	Market Perform	$140.00 ➝ $165.00	Low
11/2/2020	Morgan Stanley	Boost Target	Overweight	$174.00 ➝ $175.00	Medium
10/29/2020	Raymond James	Boost Target	Strong-Buy	$152.00 ➝ $155.00	High
10/29/2020	Cowen	Boost Target	Market Perform	$130.00 ➝ $140.00	High
10/12/2020	Barclays	Upgrade	Underweight ➝ Overweight	$100.00 ➝ $150.00	Medium
10/5/2020	Morgan Stanley	Lower Target	Overweight	$175.00 ➝ $174.00	Medium
9/30/2020	Raymond James	Boost Target	Strong-Buy	$135.00 ➝ $152.00	High
9/18/2020	Barclays	Boost Target		$73.00 ➝ $100.00	High
9/9/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$130.00 ➝ $145.00	Low
9/8/2020	Morgan Stanley	Initiated Coverage	Overweight	$175.00	Low
7/30/2020	Stifel Nicolaus	Boost Target	Buy	$123.00 ➝ $127.00	Low
7/24/2020	Wolfe Research	Upgrade	Peer Perform ➝ Outperform	$200.00	Low
7/13/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$110.00 ➝ $130.00	Low
6/28/2020	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$133.00 ➝ $142.00	High
6/22/2020	Raymond James	Upgrade	Outperform ➝ Strong-Buy	$115.00 ➝ $135.00	Low
5/13/2020	Raymond James	Upgrade	Market Perform ➝ Outperform	$115.00	Low
5/4/2020	Barclays	Downgrade	Neutral ➝ Underweight	$97.00 ➝ $73.00	Medium
4/21/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$160.00 ➝ $110.00	High
3/23/2020	Bank of America	Lower Target	Buy	$167.00 ➝ $100.00	Low
3/2/2020	Evercore ISI	Upgrade	In-Line ➝ Outperform	$160.00	High
2/27/2020	Buckingham Research	Downgrade	Buy ➝ Neutral	$219.00 ➝ $126.00	High
1/30/2020	Cowen	Lower Target	Market Perform	$186.00 ➝ $182.00	High
1/6/2020	Sidoti	Reiterated Rating	Not Rated		Low
11/26/2019	Stifel Nicolaus	Boost Target	Buy	$180.00 ➝ $205.00	Medium
11/19/2019	Buckingham Research	Boost Target	Buy	$206.00 ➝ $219.00	Low
11/14/2019	Cowen	Reiterated Rating	Market Perform	$186.00	Low
11/12/2019	Barclays	Boost Target	Underweight	$145.00 ➝ $158.00	Medium
10/29/2019	Barclays	Boost Target	Underweight	$117.00 ➝ $145.00	Low
10/25/2019	Stifel Nicolaus	Set Target	Buy	$180.00	Low
10/25/2019	Buckingham Research	Boost Target	Buy	$191.00 ➝ $206.00	High
10/25/2019	Cowen	Boost Target	Outperform	$152.00 ➝ $169.00	High
10/10/2019	Morgan Stanley	Boost Target	Equal Weight	$152.00 ➝ $164.00	Medium
10/2/2019	Morgan Stanley	Boost Target	Equal Weight	$150.00 ➝ $152.00	Low
8/14/2019	Morgan Stanley	Boost Target	Equal Weight	$132.00 ➝ $150.00	Low
7/25/2019	Buckingham Research	Boost Target	Buy	$186.00 ➝ $191.00	High
7/23/2019	Sidoti	Boost Target	Buy	$178.00 ➝ $180.00	Low
7/16/2019	Buckingham Research	Boost Target	Buy	$173.00 ➝ $186.00	Low
7/9/2019	Citigroup	Boost Target	Buy	$180.00 ➝ $182.00	Medium
5/20/2019	Morgan Stanley	Lower Target	Equal Weight	$140.00 ➝ $132.00	Low
4/26/2019	Imperial Capital	Reiterated Rating	Outperform ➝ Outperform	$162.00 ➝ $180.00	Low
3/26/2019	Macquarie	Upgrade	Neutral ➝ Outperform	$149.00	Medium
3/20/2019	Imperial Capital	Reiterated Rating	Outperform	$168.00	Low
3/1/2019	Deutsche Bank Aktiengesellschaft	Set Target	Buy	$160.00	Low
2/4/2019	Vertical Research	Initiated Coverage	Buy	$165.00	Low
2/1/2019	Imperial Capital	Upgrade	In-Line ➝ Outperform	$134.00 ➝ $168.00	High
1/31/2019	Cowen	Reiterated Rating	Market Perform ➝ Market Perform	$130.00 ➝ $147.00	Low
1/29/2019	Macquarie	Set Target	Hold	$129.00	Low
1/16/2019	Imperial Capital	Reiterated Rating	In-line ➝ In-Line	$125.00 ➝ $134.00	Low
1/10/2019	Citigroup	Boost Target	Buy	$167.00	High
1/9/2019	Imperial Capital	Reiterated Rating	In-line ➝ In-Line	$152.00 ➝ $125.00	High
1/8/2019	Morgan Stanley	Lower Target	Equal Weight ➝ Equal Weight	$133.00 ➝ $126.00	Low
12/6/2018	Evercore ISI	Upgrade	In-Line ➝ Outperform	$180.00	High
12/4/2018	Imperial Capital	Reiterated Rating	Positive ➝ In-Line	$124.00 ➝ $152.00	High
11/29/2018	Citigroup	Boost Target	Buy ➝ Buy	$165.00 ➝ $167.00	Low

(Data available from 11/28/2018 forward)

News Sentiment Rating

0.29 (Hold)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

7 very positive mentions
8 positive mentions
1 negative mentions
0 very negative mentions

Mentions as of

5/2/2023

17 very positive mentions
12 positive mentions
3 negative mentions
1 very negative mentions

Mentions as of

6/1/2023

9 very positive mentions
16 positive mentions
2 negative mentions
0 very negative mentions

Mentions as of

7/1/2023

13 very positive mentions
20 positive mentions
0 negative mentions
1 very negative mentions

Mentions as of

7/31/2023

14 very positive mentions
14 positive mentions
0 negative mentions
0 very negative mentions

Mentions as of

8/30/2023

9 very positive mentions
10 positive mentions
0 negative mentions
2 very negative mentions

Mentions as of

9/29/2023

6 very positive mentions
8 positive mentions
2 negative mentions
2 very negative mentions

Mentions as of

10/29/2023

5 very positive mentions
15 positive mentions
4 negative mentions
1 very negative mentions

Mentions as of

11/28/2023

Current Sentiment

Recent Stories by Sentiment

Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2023, it operated a fleet of 122 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

Today's Range

Now: $68.03

$67.15

$68.39

50 Day Range

MA: $70.53

$57.06

$83.07

52 Week Range

Now: $68.03

$54.87

$130.93

Volume

202,447 shs

Average Volume

223,742 shs

Market Capitalization

$1.25 billion

P/E Ratio

7.30

Dividend Yield

3.45%

Beta

1.76

Frequently Asked Questions

What sell-side analysts currently cover shares of Allegiant Travel?: The following sell-side analysts have issued stock ratings on Allegiant Travel in the last year: 92 Resources Corp, Bank of America Co., Barclays PLC, Cowen Inc, Cowen Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, Morgan Stanley, Raymond James, StockNews.com, Susquehanna, The Goldman Sachs Group, Inc., and TheStreet.
View the latest analyst ratings for ALGT.
What is the current price target for Allegiant Travel?: 10 Wall Street analysts have set twelve-month price targets for Allegiant Travel in the last year. Their average twelve-month price target is $95.70, suggesting a possible upside of 40.7%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting ALGT will reach $145.00 in the next twelve months. Barclays PLC has the lowest price target set, forecasting a price of $65.00 for Allegiant Travel in the next year.
View the latest price targets for ALGT.
What is the current consensus analyst rating for Allegiant Travel?: Allegiant Travel currently has 1 sell rating, 6 hold ratings and 3 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in ALGT, but not buy more shares or sell existing shares.
View the latest ratings for ALGT.
What other companies compete with Allegiant Travel?: Other companies that are similar to Allegiant Travel include JetBlue Airways, SkyWest, Copa, Alaska Air Group and Spirit Airlines. Learn More about companies similar to Allegiant Travel.
How do I contact Allegiant Travel's investor relations team?: Allegiant Travel's physical mailing address is 1201 NORTH TOWN CENTER DRIVE, LAS VEGAS NV, 89144. The transportation company's listed phone number is (702) 851-7300 and its investor relations email address is ir@allegiantair.com. The official website for Allegiant Travel is www.allegiantair.com. Learn More about contacing Allegiant Travel investor relations.

Allegiant Travel - ALGT Stock Price Target and Predictions

Analyst Price Target for ALGT

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.29 (Hold)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Allegiant Travel?

What is the current price target for Allegiant Travel?

What is the current consensus analyst rating for Allegiant Travel?

What other companies compete with Allegiant Travel?

How do I contact Allegiant Travel's investor relations team?