Challenging Outlook and Medium-Term Risks Lead to Sell Rating for Wizz Air Holdings

Analyst Jaina Mistry of Jefferies maintained a Sell rating on Wizz Air Holdings (WIZZ – Research Report), boosting the price target to £13.50.

Jaina Mistry’s rating is based on several factors that suggest a challenging outlook for Wizz Air Holdings. The company is expected to face operational difficulties in the fourth quarter, with revenue per available seat kilometer (RASK) projected to remain stagnant due to flat available seat kilometers (ASKs) and ongoing cost pressures. Although net income is anticipated to be higher than guidance due to favorable foreign exchange rates, the overall earnings outlook remains under pressure.
Furthermore, Jaina Mistry highlights medium-term risks associated with the company’s growth strategy. The anticipated increase in ASKs could lead to yield pressure, especially if competitive dynamics intensify. This scenario poses risks to earnings and could result in a de-rating of the stock. Consequently, the FY26 EBITDA forecast is set below consensus expectations, reinforcing the Sell rating on Wizz Air Holdings’ stock.