FRONTIER GROUP HOLDINGS INC (ULCC)
Industrials · Low-cost airlines · NASDAQ
Frontier Group is an ultra-low-cost airline focused on providing price-sensitive travelers with affordable, unbundled air travel throughout the Americas.
What FRONTIER GROUP HOLDINGS INC does
Frontier Group Holdings, Inc. is an ultra-low-cost carrier (ULCC) that provides air transportation services primarily throughout the United States and to select near-international destinations. The company operates a simplified, single-class fleet model focused on low operating costs to offer affordable, unbundled fares. Its business model relies on ancillary revenue streams alongside base ticket sales to maintain cost efficiency.
Themes: ultra-low-cost carrier (ULCC), leisure travel, aviation fuel price sensitivity, travel demand trends
Fundamentals
- Price$5.93 as of 2026-10-08 close
- Market cap$1.4B as of 2026-05-01 (share count; price 2026-10-08)
- 1-year return+34.8% 2025-10-08 close $4.40 → 2026-10-08 close $5.93
- P/En/a negative earnings
- Net margin-3.7% FY2025, SEC XBRL
- ROE-27.9% FY2025, SEC XBRL
- Debt / equity3.72 as of 2026-09-02
- Revenue growth (YoY)+9.9% as of 2026-09-02
- Revenue CAGR (3y)+3.8% SEC XBRL
- Beta2.27 as of 2026-09-02
- Last reported earnings2026-07-29 SEC EDGAR Form 8-K (Item 2.02)
How ULCC compares in its sector
- net profit marginbottom 25% 417 covered Industrials peers, as of 2026-09-02
- operating marginbottom 25% 392 covered Industrials peers, as of 2026-09-02
- return on equitybottom 10% 432 covered Industrials peers, as of 2026-09-02
- 3-year revenue CAGRmiddle range 428 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 417 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
Dividend coverage
Not assessed — last reported dividend predates the accounts. The most recent fiscal year in which ULCC reported a dividend payment is FY2023, while its reported financial statements run through FY2025. Coverage is therefore not assessed for the latest year — an FY2023 ratio would not describe ULCC today.
Coverage is derived from reported SEC EDGAR XBRL figures, comparing dividends paid against net income and free cash flow for the SAME fiscal year. It is not shown here because the latest fiscal year with a reported dividend payment (FY2023) is older than the latest year of reported financial statements (FY2025), so any ratio would describe an out-of-date year. Informational only — not financial advice.
How FRONTIER GROUP HOLDINGS INC looks technically
FRONTIER GROUP HOLDINGS INC (ULCC) is trading 10.3% above its 200-day average, the long-term trend line — a longer-term uptrend. Its 50-day average crossed above its 200-day average about 83 trading days ago — a "golden cross", a bullish long-term signal. There is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 11, below the 25 that marks a real trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 48, neither overbought (above 70) nor oversold (below 30). It made a new 20-day high about 3 trading days ago. It is 29.4% below its highest point of the past year. Day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 8% of the past ~6 months), which often precedes a bigger move.
Trend
8
| Distance from the 200-day | it is trading 10.3% above its 200-day average, the long-term trend line — a longer-term uptrend | +10.3% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $6.21 | $6.21 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $5.37 | $5.37 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 14 calendar days ago — the swings before that are what the structure reading is measured on | 14 sessions |
| Wave structure | its recent swings can be read as a completed three-part downward correction — a pullback in the A-B-C shape Elliott-wave chartists use; the labelling fails if price closes below 5.55. It is the only labelling that fits, though not with textbook proportions, and it describes the swings already printed, not what comes next. | possible three-wave downward correction, complete (atypical proportions) |
| Since the 50/200 cross | its 50-day average crossed above its 200-day average about 83 trading days ago — a "golden cross", a bullish long-term signal | 83 sessions |
| Trend strength (14-day ADX) | there is no clear trend right now — the price is choppy (ADX, a 0–100 trend-strength gauge, is 11, below the 25 that marks a real trend) | 10.7 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 48, neither overbought (above 70) nor oversold (below 30) | 47.6 |
|---|---|---|
| Position in its 14-day range | it is trading in the lower half of its 14-day range ($5.55 to $6.45) — its "stochastic" reading is 42 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 42.2 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, is in positive territory (momentum leaning bullish) | 19 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $8.40 | $8.40 |
|---|---|---|
| From the 52-week high | it is 29.4% below its 52-week high (its highest price of the past year) | -29.4% |
| Above the 52-week low | it is 96.4% above its 52-week low (its lowest price of the past year) | +96.4% |
| Below the 52-week high | it is 29.4% below its highest point of the past year | 29.4% |
| Since a 20-day breakout | it made a new 20-day high about 3 trading days ago | 3 sessions |
| Since a 55-day breakout | it is trading within its recent 55-day range, with no fresh breakout up or down | 0 sessions |
| All-time high | its highest closing price on record is $22.70 (set on 2021-06-02) | $22.70 |
| Given back of the 52-week move | over the past year its closes ranged ($3.10 to $8.06), and it has given back roughly a third of its rise from last year’s low — 43% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $4.84 to $4.99. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 42.9% |
| From the all-time high | it is 73.9% below its all-time high | -73.9% |
| Nearest price level | it is trading 1.5% below a resistance level at $6.02 — a price it turned at three times since 2024-12-18, most recently on 2025-12-10. Since 2024-10-08 it has 9 such levels below the current price and 3 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | +1.5% |
| All-time low | its lowest closing price on record is $2.79 (set on 2024-08-13) | $2.79 |
| Above the all-time low | it is 112.5% above its all-time low | +112.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are unusually narrow versus its own recent history — a "Bollinger squeeze" (in the tightest 8% of the past ~6 months), which often precedes a bigger move | 8th percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.2987 between its high and its low — about 5.0% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.2987 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $5.53 and $6.37 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $5.53 – $5.95 – $6.37 |
| Typical daily range (% of price) | its price moves about 5.0% in a typical session — about typical for the companies we cover. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 5.0% |
| Stretch from the 200-day average | it is trading 1.9 daily ranges above its 200-day average price (10.3% above it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 1.9 daily ranges above its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.92× |
|---|
Analyst
2
| Change in the average price target | analysts' average price target is unchanged from the prior reading | 0.0% |
|---|---|---|
| Change in the consensus rating | the analyst consensus rating is unchanged since the prior reading | unchanged |
Candlestick patterns
1
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|
Price gaps
3
| Gap at the open | it opened on 2026-10-08 2.3% below the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and had not traded back through that level by the close | -2.3% |
|---|---|---|
| Open gap | it gapped 2.3% below the previous close today and has not traded back through the level it left behind at 6.07 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -2.3% |
| Gap filled | a 2.8% gap up opened on 2026-10-06 has been "filled" 1 session ago — price traded back through the level the gap left behind, and it took 1 session to close | 1 session ago |
Price streaks
1
| Closing streak | it has closed lower 2 sessions in a row, a -5.12% move over the run — an unbroken run of down days, which describes what has already happened and says nothing about the next session | 2 sessions down |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock beat the market by 2.4 percentage points (the stock gained 3.5% while the market gained 1.0%) | +2.5% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 21.0 percentage points (the stock lost 17.2% while the market gained 3.8%) | -21.0% |
| vs market, 6 months | over the past 6 months this stock beat the market by 48.7 percentage points (the stock gained 66.1% while the market gained 17.5%) | +48.6% |
| vs market, 12 months | over the past 12 months this stock beat the market by 19.8 percentage points (the stock gained 34.8% while the market gained 15.0%) | +19.8% |
Signal agreement
2
| Bullish technical signals | 5 of the 9 technical signals we can compute for it are currently in a bullish state: a "golden cross" — its 50-day average is above its 200-day, trading above its 200-day average, a fresh 20-day high, MACD momentum is positive, outperforming the market over 6 months — these describe past price behaviour, not a forecast | 5 of 9 |
|---|---|---|
| Bearish technical signals | 1 of the 9 technical signals we can compute for it is currently in a bearish state: trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 1 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 6.7% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-09-01 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 9.2% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -6.7% |
|---|
Volume-weighted price
2
| Vs this year’s average price paid | the price is 14% above the average price paid so far this year, so the typical buyer over that stretch is showing a gain. That average is $5.22 — a volume-weighted average of daily closes over 192 sessions, not a true tick-by-tick VWAP. | +13.6% |
|---|---|---|
| Vs the average paid since it last reported | the price is 6% below the average price paid since it last reported on 2026-07-29 (its 10-Q), so the typical buyer over that stretch is under water. That average is $6.33 — a volume-weighted average of daily closes over 51 sessions, not a true tick-by-tick VWAP. | -6.3% |
Price levels it has turned at before
ULCC last closed at $5.93 on 2026-10-08. Since 2024-10-08 it has turned at 9 prices below its last close and 3 above; the 3 nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $6.02 | Resistance | 1.5% above the last close | turned there three times · 2024-12-18 to 2025-12-10 |
| $5.71 | Support | 3.7% below the last close | turned there twice · 2024-12-09 to 2025-09-17 |
| $5.52 | Support | 6.9% below the last close | turned there three times · 2026-01-22 to 2026-09-24 |
| $5.38 | Support | 9.2% below the last close | turned there five times · 2026-01-12 to 2026-09-10 |
| $7.29 | Resistance | 22.9% above the last close | turned there three times · 2024-10-28 to 2024-12-26 |
| $8.38 | Resistance | 41.3% above the last close | turned there three times · 2025-01-06 to 2026-08-05 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
Its recent swings can be read as a three-part downward correction — the A-B-C shape chartists use for a pullback — now complete.
This labelling fails — stops being a possible reading at all — if it closes below $5.55.
It is the only labelling that fits these swings, though its proportions are not the textbook ones. It was chosen from 3 labellings that survived the rules, counting shorter readings of the same bars.
This labelling was already in place when we began recording count changes on 2026-08-13, so how long it has stood is not something we can say yet.
Read from daily closes as of 2026-10-08.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading above the 200-day moving average · Pulled back from the 12-month high · Broke out to a new 20-day high · in a Bollinger Band volatility squeeze · trendless / choppy (low ADX) · beating the market | Learn: moving average · golden cross · adx · rsi · breakout · fifty two week high low · bollinger bands
Based on daily closing prices as of 2026-10-08. Describes past price behavior only — informational, not financial advice.
Analyst consensus
- Consensus ratingHold (3.25 mean, 1=Strong Buy…5=Strong Sell) — 9 analysts
- Mean price target$6.56 range $4.00 – $9.00; median $6.00
Analyst estimates, as of 2026-10-06. These are third-party analyst opinions and price targets, aggregated — not a recommendation, prediction, or advice from stocks-llm. Informational only.
Analyst EPS estimate for ULCC
- Consensus EPS estimate-$0.03104 next reporting period, as of 2026-10-06
- Estimate change, 30 days-$0.03051 from -$0.00053, on 2026-09-01, 35-day window
- Readings revised upward20% of 5 comparable readings
The consensus estimate for the next reporting period, and how it has moved between readings of that SAME period. A change is measured only between readings estimating one period — when a company reports, the consensus moves to the next quarter and the two numbers are not comparable. Informational only, not a forecast and not advice.
Key risks (from latest filing)
["High volatility in aircraft fuel costs and availability.","Exposure to economic downturns impacting discretionary air travel demand.","Significant operating losses and reliance on substantial liquidity to meet debt and lease obligations."]
What changed in the latest 10-Q
AI-assisted comparison of ULCC's 10-Q filed 2026-05-05 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Supreme Court ruling in February 2026 that IEEPA does not authorize presidential tariff authority (newer filing, 2026-05-05)
- Trump Administration's new 10% across-the-board surcharge on imports following the Supreme Court ruling (newer filing, 2026-05-05)
- Middle East geopolitical tensions and military conflict involving Iran affecting global energy markets and jet fuel costs (newer filing, 2026-05-05)
- Federal excise tax assessment of $133 million related to optional ancillary products and services (newer filing, 2026-05-05)
- TSA appeal loss for 2016-2018 Audit in April 2026 (newer filing, 2026-05-05)
- TSA preliminary assessment of $42 million for 2019-2022 Audit period (newer filing, 2026-05-05)
- TSA Reserve of $77 million recorded as of March 31, 2026 (newer filing, 2026-05-05)
- Early Return Agreement in March 2026 to terminate leases for 24 A320neo aircraft (newer filing, 2026-05-05)
- $139 million in operating expenses related to Early Return Agreement for three months ended March 31, 2026 (newer filing, 2026-05-05)
- Removed:
- One Big Beautiful Bill Act (OBBBA) signed in July 2025 and income tax discussion (older filing, 2025-11-05)
- Federal government shutdown beginning October 1, 2025 (older filing, 2025-11-05)
- Pratt & Whitney PW1100 GTF engine inspection program and accelerated inspection requirements (older filing, 2025-11-05)
- Reference to material specialists in labor negotiations (older filing, 2025-11-05)
- Reference to maintenance controllers in labor negotiations (older filing, 2025-11-05)
- Reworded:
- Labor negotiations scope narrowed: older filing listed 'pilots, flight attendants, material specialists, aircraft technicians and maintenance controllers'; newer filing lists only 'pilots, flight attendants, and aircraft technicians' (2026-05-05)
- Fiscal year reference changed from 2024 Annual Report (older, 2025-11-05) to 2025 Annual Report (newer, 2026-05-05)
- SEC filing date reference changed from February 18, 2025 (older, 2025-11-05) to February 18, 2026 (newer, 2026-05-05)
- Tariff discussion reframed from Trump Administration 'expanding the scope' (older, 2025-11-05) to focus on Supreme Court ruling and new 10% surcharge (newer, 2026-05-05)
- Notes:
- Text of newer filing appears truncated at end of Net Income section
- Comparison based on Q1 2026 (3 months ended March 31, 2026) versus Q3 2025 (3 months ended September 30, 2025) periods, limiting direct operational comparability
- Different reporting periods prevent direct financial metric comparison between filings
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 9 open-market sales by insiders in the last 90 days, of which we have read Form 4 filings through 2026-10-04. The 5 days since 2026-10-04 have not been checked yet.
- Last 90 days · read to 2026-10-040 buys · 9 sells ($3M) — 6 selling insiders
- Last 180 days · read to 2026-10-040 buys · 14 sells ($88M) — 7 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-09-04. Based on Form 4 filings read through 2026-10-04; anything filed since is not yet included.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about ULCC's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Institutional ownership (13F)
5 institutional 13F filers reported holding ULCC as of 2026-06-30 (quarter-end position, filed within 45 days).
- Distinct 13F filers 5
- Reported shares held 13,788,326
- Reported value $109,065,659
reported quarterly holdings change (2026-03-31 → 2026-06-30): 1 new, 4 increased, 0 decreased, 0 exited. Change counts cover only managers that filed 13F reports in BOTH quarters, derived between two quarter-end snapshots — not same-day trades; a single manager is never said to have "bought" or "sold".
Institutional holdings are quarter-end long positions reported on SEC Form 13F-HR, filed up to 45 days after the quarter ends — they are delayed, are not real-time trades, exclude short positions and most non-US securities, and are not investment advice. Any increase/decrease is a reported change between two quarterly snapshots, not a same-day purchase or sale. These are quarter-end snapshots from the 13F filings on SEC EDGAR, filed within 45 days — not real-time, and any change is a difference between two quarterly reports, not a same-day trade. Informational only — not financial advice.
Ask about ULCC's institutional holders → See what each manager we track holds →
Short interest (FINRA)
ULCC had 24,258,108 shares of reported short interest as of the 2026-09-15 FINRA settlement date (delayed, bi-monthly; not real-time).
ULCC had 10.6% of its shares outstanding sold short as of the 2026-09-15 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 9.93 days to cover at the same settlement.
- Reported short interest (shares) 24,258,108
- Short interest (% of shares outstanding) 10.6%
- Prior settlement (shares) 24,740,394
- Reported change -1.95%
- Days to cover (reported) 9.93
Reported to FINRA as of the 2026-09-15 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- Spirit Airlines (SAVE)
- Allegiant Travel Company (ALGT)
- Southwest Airlines (LUV)
- American Airlines (AAL)
- United Airlines (UAL)
- Delta Air Lines (DAL)
- JetBlue Airways (JBLU)
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Compare ULCC vs…
Frequently asked questions
What does FRONTIER GROUP HOLDINGS INC (ULCC) do?
Frontier Group Holdings, Inc. is an ultra-low-cost carrier (ULCC) that provides air transportation services primarily throughout the United States and to select near-international destinations. The company operates a simplified, single-class fleet model focused on low operating costs to offer affordable, unbundled fares. Its business model relies on ancillary revenue streams alongside base ticket sales to maintain cost efficiency.
What sector is FRONTIER GROUP HOLDINGS INC (ULCC) in?
FRONTIER GROUP HOLDINGS INC (ULCC) is classified in the Industrials sector. Its industry is Low-cost airlines. It trades on NASDAQ.
Who are FRONTIER GROUP HOLDINGS INC's (ULCC) competitors?
Notable peers of FRONTIER GROUP HOLDINGS INC (ULCC) include Spirit Airlines, Allegiant Travel Company, Southwest Airlines, American Airlines and United Airlines. This peer set is informational only — not financial advice.
Is FRONTIER GROUP HOLDINGS INC (ULCC) overbought or oversold right now?
FRONTIER GROUP HOLDINGS INC (ULCC) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 48, in the neutral middle (as of 2026-10-08). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on ULCC come from?
Fundamentals come from SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest; prices are market data, as of 2026-09-02; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: SEC XBRL company filings for the figures marked with a fiscal year, and market data, as of 2026-09-02 for the rest. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-10-08.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.