Airline stocks look ready to travel skyward: BTIG
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Mar 12 2025
0mins
Source: SeekingAlpha
Airline Stocks Outlook: Despite a challenging year for airline stocks, BTIG’s Chief Market Technician Jonathan Krinsky suggests that they are poised for a rebound, noting that the U.S. Global JETS ETF is currently in oversold territory.
Market Challenges: The airline industry faces headwinds from weakening macro conditions and declining consumer confidence, which have negatively impacted preliminary Q1 financial results, as highlighted by Jefferies equity analysts.
Analyst Views on ULCC
Wall Street analysts forecast ULCC stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for ULCC is 5.25 USD with a low forecast of 3.00 USD and a high forecast of 8.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
10 Analyst Rating
1 Buy
8 Hold
1 Sell
Hold
Current: 5.170
Low
3.00
Averages
5.25
High
8.00
Current: 5.170
Low
3.00
Averages
5.25
High
8.00
About ULCC
Frontier Group Holdings, Inc. is a holding company. The Company operates through its subsidiary, Frontier Airlines, Inc., which is an ultra-low-cost carrier company. The Company offers flights throughout the United States and to select near international destinations in the Americas. It has a fleet of approximately 159 Airbus single-aisle aircraft, consisting of eight A320ceos, 82 A320neos, 21 A321ceos and 48 A321neos. The Company primarily provides air transportation for passengers. It provides passenger airline service primarily to leisure travelers. It combines its fares with flexible optional services for an additional cost. Such additional options include carry-on and checked baggage, advance seat selection, extended-legroom premium seats, priority boarding and ticket changes and cancellations, as well as bundled options combining various optional services. The Company serves approximately 100 airports throughout the United States and international destinations in the Americas.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
