Sun Country to be acquired by Allegiant Travel

The latest update is out from Sun Country Airlines Holdings ( (SNCY) ).

On January 11, 2026, Sun Country Airlines Holdings entered into a definitive cash-and-stock merger agreement to be acquired by Allegiant Travel Company, in a transaction valuing Sun Country at about $1.5 billion, including net debt, and implying $18.89 per share—a roughly 19% premium to its January 9 closing price—under which Sun Country shareholders will receive $4.10 in cash and 0.1557 Allegiant shares for each Sun Country share and will hold approximately 33% of the combined company. The deal, structured as a two-step merger that will ultimately make Sun Country a wholly owned Allegiant subsidiary and lead to the delisting of Sun Country’s Nasdaq-traded stock, includes conversion of Sun Country equity awards into Allegiant instruments, board expansion to add three Sun Country-designated directors including CEO Jude Bricker, and customary regulatory, shareholder and antitrust closing conditions, with an outside date of January 11, 2027 and a package of reverse and standard break fees and expense reimbursements. Strategically, Allegiant and Sun Country aim to create a leading U.S. leisure airline with complementary route networks, an enlarged fleet of 195 aircraft and more than 650 routes serving 22 million annual passengers, enhanced international reach across Mexico, Central America, Canada and the Caribbean, strengthened charter and cargo operations to smooth seasonality, and a combined loyalty base exceeding 23 million members, while management highlights expected $140 million in annual synergies by year three, EPS accretion in the first year post-closing and greater career opportunities and operational stability for employees under existing labor agreements.

The most recent analyst rating on (SNCY) stock is a Buy with a $18.00 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 Outperform.

The score is driven primarily by solid financial performance (strong revenue growth and healthy margins, with improved leverage) tempered by weakening free cash flow growth. Technicals are supportive with the stock trading above major moving averages and positive MACD, while valuation is reasonable on earnings but lacks dividend support. Earnings call guidance was broadly positive (profitability streak, cargo/charter strength, and Q4 outlook) but cost inflation and scheduled service declines remain key risks.

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

More about Sun Country Airlines Holdings

Sun Country Airlines Holdings operates a U.S. low-cost, leisure-focused airline built on a flexible capacity model that serves scheduled passengers, charter clients and cargo customers, with a strong presence in Minneapolis–St. Paul and a network spanning nearly 175 cities and more than 650 routes when combined metrics with Allegiant are considered. Its model emphasizes underserved markets, seasonal leisure demand, and diversified revenue streams from long-term charter and cargo contracts, positioning the carrier as a resilient, margin-focused operator in the domestic and near‑international vacation travel segment.

Average Trading Volume: 811,581

Technical Sentiment Signal: Buy

Current Market Cap: $809.2M

See more insights into SNCY stock on TipRanks’ Stock Analysis page.