Home 
Today's Top Picks 
Top Performers 
Watchlist 
My Robo Portfolios 
ETF Zone 
How It Works 
News - Chart
- Upturn Summary
- Highlights
- Revenue
- Valuation
Upturn AI Summary - About
Frontier Group Holdings Inc(ULCC)
Advisory History & Simulated Performance *
*as per simulation (see disclosures)- ALL
- 1Y
- 1M
- 1W
- BUY Advisory
- SELL Advisory (Profit)
- SELL Advisory (Loss)
- Profit
- Loss
- PASS (Skip)
Stock price based on last close Advisory Performance History (Simulated)
Upturn Advisory & Investor View for ULCC
10/20/2026: ULCC (3-star) is currently NOT-A-BUY. Pass it for now.
Frontier Group Holdings Inc is a prominent ultra-low-cost carrier focused on the leisure travel market. The company’s primary strengths lie in its efficient low-cost business model and significant ancillary revenue generation, which are essential for maintaining competitiveness. The main investment story centers on its ability to capture underserved leisure markets through capacity growth and fleet modernization. However, the company faces notable risks, including high price sensitivity to fuel costs, intense competition from legacy carriers, and the challenge of sustaining profitability. This stock is best suited for growth-oriented investors with a high risk tolerance, and key developments to monitor include margin trends and progress in operational efficiency.
How to Read the Upturn Advisory
The Upturn Star Rating and the current BUY, SELL, or PASS advisory are generated by Upturn’s AI advisory engine based on proprietary signal analysis, price behavior, advisory history, and historical signal performance.
Company fundamentals, valuation, risks, and news provide supporting context about the business.
Investor Fit
| Investor style | Fit | Why |
|---|---|---|
| Growth investor | Mixed fit | Growth potential exists in the low-cost travel segment, but is currently hampered by intense industry competition and margin pressures. |
| Momentum investor | Weak fit | Momentum is inconsistent as the stock currently faces significant volatility and lacks a sustained upward trend. |
| Value investor | Mixed fit | While valuations may appear low, the company's financial instability and lack of consistent profitability make it a high-risk value play. |
| Dividend investor | Weak fit | The company does not pay a dividend and focuses entirely on capital reinvestment. |
| Low-risk investor | Weak fit | The airline industry is inherently cyclical and highly volatile, making it unsuitable for conservative, risk-averse portfolios. |
Risk Profile
| Risk factor | Level | Why it matters |
|---|---|---|
| Price volatility | High | Airline stocks are highly sensitive to fuel costs and economic cycles, leading to significant share price swings. |
| Valuation risk | Medium | Profitability concerns can lead to wide valuation swings depending on market sentiment toward the travel sector. |
| Competition risk (Price/Network) | High | The ULCC model is directly challenged by aggressive pricing from legacy carriers in the same domestic markets. |
| Business quality | Medium | While operationally efficient, the business model struggles to maintain consistent margins in the face of inflation. |
| Dividend income | Low / none | No dividend is paid, offering zero income potential for investors. |
| Execution risk | Medium / high | Operational success depends on managing labor, fleet, and fuel costs simultaneously in a high-pressure environment. |
Price Behavior
Rolling Over
The price momentum is slowing down and beginning to turn downward.
Choppy
The stock has experienced frequent reversals and pronounced short-term price swings.
Analysis of Past Performance
Type Stock | Historic Profit 33.63% | Avg. Invested days 29 | Today’s Advisory PASS |
Upturn Advisory Rating  | Upturn Advisory Performance  3.0 | Stock Returns Performance  3.0 |
| Profits based on simulation | Last Close 10/20/2026 |
Upturn Scorecard
Upturn Star Rating 
Company Fundamentals
Financial Health Rating
Growth Momentum Score
Ownership
Top 5 Institutional Investors
Unit Economics (Per $1K Revenue)
Economic Dimensions
Quantitative Style Profile
Style Classification
Quality Focused
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 1.06B USD | Price to earnings Ratio - | 1Y Target Price 6.33 |
Price to earnings Ratio - | 1Y Target Price 6.33 | ||
Volume (30-day avg) 2.7M shares | Beta 2.65 | 52 Weeks Range 3.02 - 8.40 | Updated Date 10/20/2026 |
52 Weeks Range 3.02 - 8.40 | Updated Date 10/20/2026 | ||
Dividends yield (FY) - | Basic EPS (TTM) -1.68 |
How Company Makes Money
| Business area | What it includes | Retail investor read |
|---|---|---|
| Passenger Revenue | Base ticket fares for scheduled domestic and international air travel. | This is the core money-maker, but it is highly sensitive to consumer spending and competition. |
| Ancillary Services | Baggage fees, seat assignments, and onboard sales. | These high-margin fees are essential to the ultra-low-cost business model's success. |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Product revenue - Year on Year
Revenue by Geography
Geography revenue - Year on Year
Valuation
Trailing PE - | Forward PE 11.7 | Enterprise Value 5.63B | Price to Sales(TTM) 0.26 |
Enterprise Value 5.63B | Price to Sales(TTM) 0.26 | ||
Enterprise Value to Revenue 1.36 | Enterprise Value to EBITDA 99.99 | Shares Outstanding 230.22M | Shares Floating 70.26M |
Shares Outstanding 230.22M | Shares Floating 70.26M | ||
Percent Insiders 43.34 | Percent Institutions 59.43 |
Financial Metrics
🧭 Investment Snapshot
Total Revenue (Scale)
Total money earned from selling products or services before any costs. It is needed to understand the scale of the business and its ability to generate income.
Net Income (Profit)
Final profit after all expenses, interest, and taxes are deducted. It is needed to determine the overall profitability available to shareholders.
Free Cash Flow (Cash Strength)
Cash remaining after operating activities and capital expenditures, showing cash available for growth. It is needed to evaluate the company’s ability to invest, pay dividends, or reduce debt.
📈 Growth & Strength
Operating Income (Core Profit)
Profit from core operations after deducting all operating expenses. It is needed to measure how efficiently the company runs its primary business activities.
EBITDA (Cash Earnings)
Earnings before interest, taxes, depreciation, and amortization, indicating operating cash potential. It is needed to compare operating performance across companies without accounting or financing differences.
Gross Profit (Unit Profitability)
Revenue minus cost of revenue, showing profit after direct production costs. It is needed to evaluate core business profitability before overhead expenses.
🛡️ Financial Safety
Cash (Liquidity Buffer)
Total cash and cash equivalents on hand. It is needed to evaluate immediate liquidity and financial flexibility.
Total Debt (Leverage Risk)
Total debt including both short-term and long-term components. It is needed to assess the company’s leverage and financial risk.
Net Working Capital (Short-Term Health)
Current assets minus current liabilities, indicating short-term liquidity strength. It is needed to assess whether the company can meet its short-term obligations.
🧱 Balance Sheet Strength
Stockholder Equity (Net Worth)
Total equity value held by shareholders. It is needed to understand the net worth of the company from the owners’ perspective.
Total Assets (Asset Base)
The full value of everything the company owns, including cash, inventory, equipment, and investments. It is needed to understand the resource base used to generate revenue.
Income Before Tax (Pre-Tax Earnings)
Income before provision for income taxes. It is needed to analyze profitability independent of tax structures.
⚙️ Cost & Drag Factors
Cost of Revenue (Production Cost)
Direct costs required to produce and deliver the products or services sold. It is needed to assess efficiency in production and service delivery.
Total Operating Expenses (Operating Cost)
Indirect costs of running the business such as salaries, marketing, and administration. It is needed to understand how much it costs to sustain ongoing business operations.
Income Tax Expense (Tax Drag)
Amount of taxes paid or payable to the government. It is needed to evaluate the impact of taxation on overall profitability.
Note: This website is maintained by Upturn Corporation, which is an investment adviser registered with the U.S. Securities and Exchange Commission. Such registration does not imply a certain level of skill or training. Investing in securities has risks. Past performance is no guarantee of future returns. No assurance is provided as to any particular investment return, and you may lose money using our services. You are strongly advised to consult appropriate counsel before making any investments in companies you learn about through our services. You should obtain appropriate legal, tax, investment, accounting, and other advice that takes into account your investment portfolio and overall financial situation. You are solely responsible for conducting due diligence on a potential investment. We do not affect trades for you. You will select your own broker through which to transact. Investments are not FDIC insured, they are not guaranteed, and they may lose value. Please see the Privacy Policy, Terms of Use, and Disclosure for more information.
All company names, trademarks, logos, and brands are the property of their respective owners and are used for identification and informational purposes only. Use of these names, trademarks, and logos does not imply endorsement by their respective owners.