ULCC

Frontier Group Holdings Inc

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3.340

+0.02(0.602%)1D

Overview
Forecast
Valuation
Earnings

Line

Candle

YTD

High

3.525

Open

3.360

VWAP

3.40

Vol

3.55M

Mkt Cap

762.04M

Low

3.300

Amount

12.07M

EV/EBITDA(TTM)

12.37

Total Shares

223.96M

754.48M

EV/OCF(TTM)

P/S(TTM)

0.20

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.

Market Estimates

Earnings Estimates

Revenue

YoY Chg

EPS

YoYChg

FY2026Q1

FY2025Q4

FY2025Q3

1.01B

+10.84%

-0.029

-84.62%

991.07M

-1.09%

0.123

-46.43%

913.50M

-2.3%

-0.337

+573.32%

Estimates Revision

The market is revising Downward the revenue expectations for Frontier Group Holdings, Inc. (ULCC) for FY2025, with the revenue forecasts being adjusted by -1.45% over the past three months. During the same period, the stock price has changed by -13.92%.

Revenue Estimates for FY2025

Revise Downward

-1.45%

In Past 3 Month

EPS Estimates for FY2025

Revise Upward

+38.1%

In Past 3 Month

Stock Price

Go Down

-13.92%

In Past 3 Month

6 Analyst Rating

54.79% Upside

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 5.17 USD with a low forecast of 3.00 USD and a high forecast of 9.00 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.

1 Buy

5 Hold

0 Sell

Hold

54.79% Upside

Current: 3.340

Low

3.00

Averages

5.17

High

9.00

54.79% Upside

Current: 3.340

Low

3.00

Averages

5.17

High

9.00

UBS

Neutral

downgrade

2025-08-06

New

Reason

UBS

Price Target

2025-08-06

New

downgrade

Neutral

Reason

UBS lowered the firm's price target on Frontier Group to $3.50 from $4 and keeps a Neutral rating on the shares.

UBS

Neutral

initiated

2025-07-07

Reason

UBS

Price Target

2025-07-07

initiated

Neutral

Reason

UBS assumed coverage of Frontier Group with a Neutral rating with a price target of $4, up from $3.50. There is a \"good chance\" that Frontier reports Q2 in-line with its outlook, the analyst tells investors in a research note. Frontier will need to provide evidence of a strong improvement in Q3 RASM growth year over year for the market to get confidence that second half profit is achievable, the firm argues.

BofA

Andrew Didora

Neutral

downgrade

2025-07-01

Reason

BofA

Andrew Didora

Price Target

2025-07-01

downgrade

Neutral

Reason

BofA analyst Andrew Didora lowered the firm's price target on Frontier Group to $4 from $4.75 and keeps a Neutral rating on the shares. The message from airlines in 2Q25 has been one of stability, and BofA expects Q2 results to be largely in-line with outlooks, the analyst tells investors in a research note. BofA is not expecting a meaningful sequential improvement in revenues, and thinks investors will look for commentary on green shoots in demand, and any further commentary on 2H25 capacity cuts could be viewed positively.

Morgan Stanley

Equal Weight

downgrade

$10 -> $9

2025-05-19

Reason

Morgan Stanley

Price Target

$10 -> $9

2025-05-19

downgrade

Equal Weight

Reason

Morgan Stanley lowered the firm's price target on Frontier Group to $9 from $10 and keeps an Equal Weight rating on the shares. Frontier's Q1 results and Q2 guidance "fell far below expectations," says the analyst, who notes that the "big network reset" in the second half of 2024 that was set to post big dividends in the second half of 2025 is "now on pause." The risk and reward "are both high here and we may not get concrete evidence that normalized EPS is over $1 until 2026," the analyst added.

Citigroup

Stephen Trent

Hold

Maintains

$7.25 → $4

2025-04-11

Reason

Citigroup

Stephen Trent

Price Target

$7.25 → $4

2025-04-11

Maintains

Hold

Reason

Susquehanna lowered the firm's price target on Frontier Group to $3 from $9 and keeps a Neutral rating on the shares as part of a Q1 preview for the airline group. Messaging around demand "needs to be clear" as investors "look to tease out leisure and business bookings into the spring and summer," the analyst tells investors in a research note. The firm says that while stock valuations are "clearly undemanding," it prefers carriers with structural advantages already in place and a track record of extracting value from their networks. Citi uncertainty around demand, Susquehanna reduced fiscal 2025 and 2026 estimates for the airlines.

Barclays

Brandon Oglenski

Buy

Maintains

$10 → $6

2025-04-11

Reason

Barclays

Brandon Oglenski

Price Target

$10 → $6

2025-04-11

Maintains

Buy

Reason

Barclays analyst Brandon Oglenski lowered the firm's price target on Frontier Group to $10 from $14 and keeps an Overweight rating on the shares as part of a Q1 earnings preview for the North America airlines. The firm updated 2025 and 2026 estimates to reflect the lower demand run-rate evident in the Q1 guidance updates.

See All Ratings

Valuation Metrics

The current forward P/E ratio for Frontier Group Holdings Inc (ULCC.O) is -16.94, compared to its 5-year average forward P/E of -22.23. For a more detailed relative valuation and DCF analysis to assess Frontier Group Holdings Inc 's fair value, click here.

Forward PE

The forward P/E ratio is a valuation metric that divides a company's current stock price by its estimated future earnings per share over the next 12 months.

N/A

5Y Average PE

-22.23

Current PE

-16.94

Overvalued PE

39.22

Undervalued PE

-83.68

Forward EV/EBITDA

The forward EV/EBITDA ratio is a valuation metric that divides a company's enterprise value (EV) by its estimated future earnings before interest, taxes, depreciation, and amortization (EBITDA) over the next 12 months.

Fair

5Y Average EV/EBITDA

7.01

Current EV/EBITDA

6.62

Overvalued EV/EBITDA

9.44

Undervalued EV/EBITDA

4.57

Forward PS

The forward P/S ratio is a valuation metric that divides a company's current stock price by its estimated future sales (or revenue) per share over the next 12 months.

Undervalued

5Y Average PS

0.61

Current PS

0.19

Overvalued PS

1.00

Undervalued PS

0.23