Allegiant Secures $144 Million Credit Facility

Allegiant Travel Company ( (ALGT) ) has shared an update.

On June 10, 2025, Allegiant Travel Company secured a credit facility allowing it to borrow up to $144 million, backed by Boeing 737 MAX aircraft. The funds will be used for aircraft purchases, debt repayment, and general corporate purposes, enhancing the company’s financial flexibility.

The most recent analyst rating on (ALGT) stock is a Hold with a $87.00 price target. To see the full list of analyst forecasts on Allegiant Travel Company stock, see the ALGT Stock Forecast page.

Spark’s Take on ALGT Stock

According to Spark, TipRanks’ AI Analyst, ALGT is a Neutral.

Allegiant Travel Company shows a mixed outlook. Strong operational performance and strategic adaptability, as highlighted in the earnings call, are positives. However, ongoing profitability challenges, high leverage, and valuation concerns weigh on the overall score. Continued focus on improving financial health and navigating economic uncertainties will be critical.

To see Spark’s full report on ALGT stock, click here.

More about Allegiant Travel Company

Allegiant Travel Company operates in the travel industry, focusing on providing low-cost travel services primarily through its airline operations.

Average Trading Volume: 467,405

Technical Sentiment Signal: Strong Sell

Current Market Cap: $931.9M

For an in-depth examination of ALGT stock, go to TipRanks’ Overview page.