Allegiant Travel Company (ALGT) Price Target Analysis
Updated Jul 2, 2026
Analyst Rating: Hold
Based on 30 analysts2.1% Above Target
ALGT trades 2.1% above Wall Street's consensus target of $116.14.
Current Price$118.67
Average Target$116.14
Target
Current
Low$95.00
Median$110.00
High$142.00
Analyst Target Range
Forward P/E28.5x
(Growth Premium)
PEG Ratio—
Implied Growth+320.7%
(High Growth)
Analyst Spread40.5%
(Moderate)
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Consensus Scenario Assumptions
The base valuation assumes ALGT achieves its forward estimates and maintains a stable P/E multiple of 28.5x. This scenario reflects the blended consensus of 30 Wall Street analysts, balancing both positive catalysts and macroeconomic headwinds over the next 12 months.
ALGT Price Target Analysis
Updated July 6, 2026As of July 6, 2026, Allegiant Travel Company (ALGT) has a Wall Street consensus price target of $116.14, based on estimates from 30 covering analysts. With the stock currently trading at $118.67, this represents a potential downside of -2.1%. The company has a market capitalization of $2.17B.
Analyst price targets range from a low of $95.00 to a high of $142.00, representing a 40% spread in expectations. The median target of $110.00 differs from the mean, suggesting potential outlier estimates.
The current analyst consensus rating is Hold, with 14 analysts rating the stock as a Buy or Strong Buy,16 rating it Hold, and 0 rating it Sell or Strong Sell. The mixed ratings reflect uncertainty about near-term direction.
From a valuation perspective, ALGT trades at a trailing P/E of -47.9x and forward P/E of 28.5x. Analysts expect EPS to grow +320.7% over the next year.
Our proprietary valuation model, which blends historical multiples with forward estimates, suggests a base-case price target of $0.50, with bear and bull scenarios of $0.31 and $0.66 respectively. Model confidence stands at 45/100, suggesting limited visibility into future performance.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside
+7.4%
Industry Consensus
Avg Forward P/E
52.9x
(High Premium)
Peers with Coverage
10 / 10
Active Analyst Tracking
| Company | Market Cap | Price | Target | Upside Potential | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 ULCCFrontier Group Holdings, Inc. | $1.7B | $7.58 | $6.50 | -14.2% | Hold | — | 13 |
 SNCYSun Country Airlines Holdings, Inc. | $876M | $16.17 | $21.00 | +29.9% | Buy | 20.5x | 11 |
 DALDelta Air Lines, Inc. | $60.9B | $92.75 | $96.20 | +3.7% | Buy | 16.5x | 44 |
 UALUnited Airlines Holdings, Inc. | $43.3B | $133.32 | $150.20 | +12.7% | Buy | 14.0x | 47 |
 AALAmerican Airlines Group Inc. | $11.8B | $17.92 | $19.06 | +6.4% | Buy | 173.3x | 37 |
 LUVSouthwest Airlines Co. | $24.7B | $50.25 | $50.97 | +1.4% | Hold | 18.1x | 45 |
 JBLUJetBlue Airways Corporation | $2.2B | $6.02 | $5.83 | -3.2% | Hold | — | 36 |
 BAThe Boeing Company | $178.5B | $226.49 | $281.56 | +24.3% | Buy | — | 54 |
 GEGE Aerospace | $394.4B | $377.52 | $393.00 | +4.1% | Buy | 50.0x | 34 |
 AXONAxon Enterprise, Inc. | $48.1B | $597.04 | $652.11 | +9.2% | Buy | 77.7x | 21 |
ALGT — Frequently Asked Questions
Quick answers to the most common questions about buying ALGT stock.
What is the ALGT stock price target for 2026?
Wall Street's consensus price target for ALGT is $116.14, -2.1% from its current price of $118.67. The below-market target from 30 analysts suggests limited near-term appreciation.
Is ALGT a buy, sell, or hold?
ALGT has a consensus rating of "Hold" based on 30 Wall Street analysts. The rating breakdown is mixed, with 16 Hold ratings making up the largest segment. The consensus 12-month price target of $116.14 implies -2.1% downside from current levels.
Is ALGT stock overvalued or undervalued?
ALGT trades at a forward P/E of 28.5463x, representing a moderate valuation. With analysts targeting $116.14 (-2.1% implied move), the stock appears close to fair value.
How high can ALGT stock go?
The most bullish Wall Street analyst has a price target of $142 for ALGT, while the most conservative target is $95. The consensus of $116.14 represents the median expectation. Our quantitative valuation model projects a bull case target of $1 based on optimistic growth and margin assumptions. These targets typically reflect 12-month expectations.
How many analysts cover ALGT stock?
ALGT is heavily covered by Wall Street, with 30 analysts providing price targets and ratings. Of these, 0 have Strong Buy ratings, 14 have Buy ratings, 16 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the ALGT stock forecast?
The 12-month ALGT stock forecast based on 30 Wall Street analysts shows a consensus price target of $116.14, with estimates ranging from $95 (bear case) to $142 (bull case). The median consensus rating is "Hold". Our proprietary valuation model produces a base case fair value of $1, with bear/bull scenarios of $0/$1.
What is ALGT's fair value based on fundamentals?
Our quantitative valuation model calculates ALGT's fair value at $1 (base case), with a bear case of $0 and bull case of $1. The model uses discounted cash flow analysis, historical growth rates, and margin mean-reversion to project FY+2 earnings, then applies an appropriate P/E multiple. The model confidence score is 45/100.
What is ALGT's forward P/E ratio?
ALGT trades at a forward P/E ratio of 28.5x based on next-twelve-months earnings estimates. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy ALGT stock?
Analysts are cautious on ALGT, with 0 Sell ratings and a price target of $116.14 (-2.1% from current price). The "Hold" consensus suggests careful evaluation before buying. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do ALGT price targets vary so much?
ALGT analyst price targets range from $95 to $142, a 40% moderate spread showing some variance in outlooks. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $116.14 consensus represents the middle ground. Our model's $0-$1 range provides an independent fundamental perspective.
Consensus-Based Analysis Tools
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