Frontier Group Holdings, Inc. (ULCC) Stock Price & Analysis

Frontier Group Holdings, Inc. (ULCC) closed at USD 5.3 on Thursday, October 22, 2026, up 5.16% on the day. The US market is currently closed (pre-market); this is not a live price.

The prior close was USD 5.04; the Oct 22, 2026 session ranged USD 4.81–5.34 on volume of 3,967,146 shares. Market capitalization is $1.22B, with a 52-week range of USD 3.02–8.41 (NMS). Source: Nexqual, retrieved October 23, 2026 at 08:39 UTC.

Also available as compact Markdown for AI agents: nexqual.com/ULCC.md

Key facts (ULCC)

• Last four reported quarters (through Jun 30, 2026): revenue $4.15B, net income -$386M (-9.3% margin), free cash flow -$164M (SEC filings).
• Insider open-market sales, last ~7 months: 13 Form 4 filings, $87.6M; 12 not under a Rule 10b5-1 plan ($87.6M); 2 by opportunistic insiders (2 outside 10b5-1 plans), 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
• Analysts: Sell (mean 3.50 on a 1–5 scale) (12 analysts), mean target USD 6.33 (range 4–9).
• Total return with dividends: 1Y +27.4% vs S&P 500 +14.9%; 5Y -67.0% vs S&P 500 +80.3%.
• Next earnings: 2026-10-28, EPS estimate USD -0.06, revenue estimate $1.29B.

Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (ULCC)

Fiscal years end Dec. EPS is split-adjusted.

Valuation (price ÷ last four quarters, through Jun 30, 2026) (ULCC)

P/S 0.3x · EV/Sales 0.2x · P/B 9.0x · FCF yield -13.44% · Earnings yield -31.64% · Net cash $444M · EV $776M

P/E at fiscal year-ends: Dec 2024 18.9x.

Insider sales (SEC Form 4, open-market, last ~7 months) (ULCC)

1 of 13 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.

% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).

Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.

Analysts (ULCC)

Consensus Sell (mean 3.50 on a 1–5 scale), 12 analysts; mean target USD 6.33 (low 4, high 9).

Rating changes, last 120 days:

Total return (dividends reinvested) (ULCC)

ULCC revenue by product line (quarter ended Jun 30, 2026)

As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).

ULCC suppliers, customers and competitors (named in its 10-K)

Quoted from the company's 10-K filed Feb 18, 2026.

ULCC company outlook (results filed Jul 29, 2026)

• “Further, this guidance excludes special items and the reconciliation of non-GAAP measures to the comparable GAAP measures because such amounts cannot be determined at this time.”
• “Adjusted (non-GAAP) diluted earnings per share guidance for the third and fourth quarters of 2026, as noted below, reflects continued progress across key commercial initiatives, underpinned by favorable competitive 3 capacity and strong travel demand, while elevated fuel prices continue to be a cost headwind.”
• “Third quarter capacity is expected to increase 17 to 18 percent versus the corresponding 2025 quarter, partially a function of lapping unproductive aircraft in the corresponding 2025 quarter, or 2 to 3 percent sequentially.”
• “Fourth quarter capacity is expected to increase approximately 7 percent versus the corresponding 2025 quarter.”

Quoted word-for-word from the SEC 8-K results press release.

ULCC analyst estimates and revisions

ULCC options: expected move

Options price a move of about ±20.7% (±$1.10) by Nov 20, 2026, which includes earnings on Oct 28, 2026. Over the last 8 reports the stock moved ±12.9% on average.

30-day implied volatility 82.4% vs 64.8% realized over the last 30 trading days. Put/call ratio (volume) 0.33. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.

Key Statistics (as of October 23, 2026 at 08:39 UTC)

Technical Analysis (ULCC)

Nexqual's technical model rates ULCC "STRONG SELL" based on 0 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 08:39 UTC.

Analyst Ratings (ULCC)

Wall Street analysts rate ULCC "Sell" based on 12 analysts, with a mean price target of USD 6.33 (range USD 4–9), per Nexqual as of October 23, 2026 at 08:39 UTC.

Earnings (ULCC)

Recent Earnings History

Source: Nexqual, October 23, 2026 at 08:39 UTC.

Financials & Fundamentals (ULCC)

Source: Nexqual, October 23, 2026 at 08:39 UTC.

Financial Health Score (ULCC)

Nexqual rates Frontier Group Holdings, Inc.'s overall financial health "Critical" across five dimensions, as of October 23, 2026 at 08:39 UTC.

Ownership (ULCC)

Source: Nexqual, October 23, 2026 at 08:39 UTC.

Leadership (ULCC)

Frontier Group Holdings, Inc. is led by James G. Dempsey, CEO, President & Director, per Nexqual as of October 23, 2026 at 08:39 UTC.

Major Backers & Investors (ULCC)

Notable institutional backers of Frontier Group Holdings, Inc. include Indigo Partners LLC, Wildcat Capital Management, LLC, U.S. Global Investors, Inc., according to Nexqual as of October 23, 2026 at 08:39 UTC.

Active Investors

Index Funds (Passive)

Source: Nexqual, October 23, 2026 at 08:39 UTC.

From Frontier Group Holdings, Inc.'s Latest SEC 10-K Filing (filed 2026-02-18)

Key Strengths & Strategy (as disclosed to the SEC)

• A significant portion of these bookings were generated through select online travel agencies ("OTAs"), such as Priceline and Expedia (including Orbitz, Travelocity, and related brands), many of which have transitioned to direct API connectivity.
• Our principal marketing tools are our proprietary email distribution list, our FRONTIER Miles frequent flyer program, our Discount Den subscription service and our GoWild!
• Our unique strategy is underpinned by our low-cost structure and superior low-fare brand.
• Our business model is based on our unique ULCC strategy and customer offerings.

Partnerships

• Pursuant to the RLA, the parties continue to be bound by the existing agreements as negotiations continue. (e)Effective as of November 7, 2025, we entered into a new five-year agreement with our material specialists. (f)Effective as of December 10, 2025, we entered into a new five-year agreement with our maintenance controllers.
• If this legislation or any similar legislation or regulation is enacted, it could fundamentally alter the profitability of our agreement with our co-branded credit card partner and the benefits we provide to our consumers through our co-branded credit card.

Legal & Regulatory Risks (Item 1A, quoted)

• We are subject to extensive regulation by the FAA, the DOT, the TSA, CBP and other U.S. and foreign governmental agencies, compliance with which could cause us to incur increased costs and adversely affect our business, results of operations and financial condition.
• We are subject to various environmental and noise laws and regulations, which could have a material adverse effect on our business, results of operations and financial condition.
• Increasing scrutiny and evolving expectations from customers, regulators, investors and other stakeholders with respect to our environmental, social and governance ("ESG") practices may impose additional costs on us, harm our reputation, adversely impact our access to capital and financial results, or expose us to new or additional risks.
• Changes in legislation, regulation and government policy have affected, and may in the future have a material adverse effect on, our business, results of operations, cash flows and financial condition.

Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.

Peers & Related Stocks

Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 08:39 UTC. This page is informational and not investment advice.

For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt