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Sun Country-Allegiant Merger Gains Key Antitrust Clearance

Story Highlights
  • Allegiant and Sun Country secured early U.S. antitrust clearance for their proposed merger.
  • The deal advances toward a Q2–Q3 2026 closing, pending DOT and shareholder approvals.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Sun Country-Allegiant Merger Gains Key Antitrust Clearance

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Sun Country Airlines Holdings ( (SNCY) ) just unveiled an update.

On January 11, 2026, Sun Country Airlines agreed to be acquired by Allegiant Travel Company through a two-step merger structure that will ultimately make Sun Country a wholly owned subsidiary of Allegiant. On March 16, 2026, the companies announced that U.S. antitrust authorities granted early termination of the Hart-Scott-Rodino waiting period for the deal.

The clearance from the Department of Justice marked a key regulatory milestone, moving the leisure-focused airline combination closer to completion, with closing now expected in the second or third quarter of 2026. The transaction still requires U.S. Department of Transportation approvals and shareholder votes at both companies, and management touts the deal as creating a stronger, broader network and greater long-term value for stakeholders.

The most recent analyst rating on (SNCY) stock is a Hold with a $17.50 price target. To see the full list of analyst forecasts on Sun Country Airlines Holdings stock, see the SNCY Stock Forecast page.

Spark’s Take on SNCY Stock

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

The score is held back primarily by weak and volatile cash generation and bearish technicals (price below key moving averages with negative momentum). Offsetting these risks are a reasonable P/E valuation and a meaningful positive catalyst from the announced acquisition at a premium, supported by synergy and accretion commentary, though execution/closing conditions remain.

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

More about Sun Country Airlines Holdings

Sun Country Airlines is a Minnesota-based hybrid low-cost carrier that combines scheduled passenger service, charter operations and cargo flying. It focuses on leisure and visiting-friends-and-relatives travelers, charter customers and cargo services for Amazon, with routes across the U.S. and to destinations in Mexico, Central America, Canada and the Caribbean.

Average Trading Volume: 1,430,542

Technical Sentiment Signal: Hold

Current Market Cap: $830.7M

For a thorough assessment of SNCY stock, go to TipRanks’ Stock Analysis page.

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