Allegiant Travel Company, a leisure travel company, provides travel services and products to residents of under-served cities in the United States. The company offers scheduled air transportation on limited-frequency, nonstop flights between under-served cities and leisure destinations. As of February 1, 2024, it operated a fleet of 126 Airbus A320 series aircraft. The company also provides air-related services and products in conjunction with air transportation, including baggage fees, advance seat assignments, travel protection products, priority boarding, a customer convenience fee, food and beverage purchases on board, and other air-related services, as well as use of its call center for purchases. In addition, it offers third party travel products, such as hotel rooms and ground transportation, such as rental cars and hotel shuttle products; and air transportation services through fixed fee agreements and charter service on a year-round and ad-hoc basis. Further, the company operates a golf course. Allegiant Travel Company was founded in 1997 and is based in Las Vegas, Nevada.

Allegiant Travel Company демонстрирует смешанную фундаментальную картину. С одной стороны, компания обладает хорошими показателями по EPS и выручке, значительно превышающими медиану отрасли, что свидетельствует о высоком спросе на её услуги. Однако, низкие значения мультипликаторов, таких как P/E и P/S, указывают на возможную недооцененность, хотя их динамика в последние годы не поддерживает положительный тренд. Высокий уровень долга (debt equity ratio) и низкие показатели рентабельности (ROE, ROA, net profit margin) говорят о рисках и финансовых проблемах, что негативно сказывается на оценке компании. Дивидендная доходность, хотя и положительная, не демонстрирует роста, что также может отпугнуть инвесторов. В целом, несмотря на некоторые позитивные факторы, такие как высокая выручка и EPS, комбинированные риски долговой нагрузки и низкой рентабельности требуют осторожного подхода к инвестированию в ALGT.

Allegiant Travel Company

In trading on Friday, the U.S. Global Jets ETF is outperforming other ETFs, up about 6.6% on the day. Components of that ETF showing particular strength include shares of Alaska Air Group, up about 12.8% and shares of Allegiant Travel, up about 12% on the day.
And underperforming other ETFs today is the SPDR S&P Oil & Gas Exploration & Production ETF, down about 6.5% in Friday afternoon trading. Among components of that ETF with the weakest showing on Friday were shares of PBF Energy, lower by about 13.7%, and shares of Par Pacific Holdings, lower by about 12.9% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Friday's ETF Movers: JETS, XOP

In trading on Friday, general contractors & builders shares were relative leaders, up on the day by about 7%. Leading the group were shares of Dream Finders Homes, up about 12.4% and shares of Hovnanian Enterprises, up about 10.8% on the day.
Also showing relative strength are airlines shares, up on the day by about 5.8% as a group, led by Alaska Air Group, trading up by about 13.5% and Allegiant Travel, trading up by about 11.4% on Friday.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Friday Sector Leaders: General Contractors & Builders, Airlines

In trading on Monday, the First Trust Cloud Computing ETF is outperforming other ETFs, up about 3.4% on the day. Components of that ETF showing particular strength include shares of Coreweave, up about 9.8% and shares of Oracle, up about 8.7% on the day.
And underperforming other ETFs today is the U.S. Global Jets ETF, down about 2% in Monday afternoon trading. Among components of that ETF with the weakest showing on Monday were shares of Frontier Group Holdings, lower by about 3.8%, and shares of Allegiant Travel, lower by about 3.8% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Monday's ETF Movers: SKYY, JETS

In trading on Wednesday, the U.S. Global Jets ETF (JETS) is outperforming other ETFs, up about 10% on the day. Components of that ETF showing particular strength include shares of Alaska Air Group (ALK), up about 15.4% and shares of Allegiant Travel (ALGT), up about 14.6% on the day.
And underperforming other ETFs today is the First Trust Natural Gas ETF (FCG), off about 7.7% in Wednesday afternoon trading. Among components of that ETF with the weakest showing on Wednesday were shares of W&T Offshore (WTI), lower by about 14.8%, and shares of Kosmos Energy (KOS), lower by about 13.6% on the day.
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Wednesday's ETF Movers: JETS, FCG

On March 30, 2026, Alaska Air Group, Inc. ALK unveiled disappointing first-quarter 2026 guidance, citing issues related to higher fuel expenses, operational issues and weather-related disruptions, which pressured results.
A downbeat guidance always acts as a negative indicator of the company’s prospects. Given this backdrop, the question that naturally arises is: Should investors buy, hold, or sell ALK stock now? A more in-depth analysis is needed to make that determination. Before diving into ALK’s investment prospects, let’s take a glance at its financial numbers.
Alaska Air’s Bearish Q1 Outlook
ALK now projects its first-quarter 2026 adjusted loss per share in the range of $1.50-$2.00 compared with the previously guided range of loss per share of 50 cents-$1.50. The downside has been attributed to higher fuel costs, coupled with operational challenges and weather disruptions, which have weighed on unit costs.
It is quite evident as of now that fuel costs have risen owing to higher crude and refining prices, with refining margins being volatile in recent weeks. ALK’s lowest cost source of fuel comes from Singapore (which accounts for almost 20% of ALK’s fuel supply), and these refining margins have grown almost 400% since early February, from an average of 45 cents to $2.25 per gallon.
This has led to economic fuel price expectations in the range of $2.90 to $3.00 per gallon for the first quarter of 2026, which is further likely to hurt the company’s bottom line by at least 70 cents per share.
Apart from the higher fuel price, Alaska Air is grappling with multiple external events. These include weak demand in Mexico due to unrest in Puerto Vallarta, severe rainstorms and historic flooding in Hawaii, which collectively account for nearly 30% of ALK’s capacity. Impacts are being seen in both March and April, including during peak West Coast Spring Break travel periods. With respect to Hawaii, no long-term structural impact is expected, and hence, demand is likely to recover fully.
Had there been no adverse effects from the fuel, Puerto Vallarta and Hawaii storms, ALK’s results would have surpassed the midpoint of original guidance.
What Do Earnings Estimates Say for ALK?
The negative sentiment surrounding ALK stock is evident from the fact that the Zacks Consensus Estimate for first-quarter 2026 and the second quarter of 2026 earnings has been revised downward in the past 90 days. The consensus mark for full-year 2026 earnings has also been projected southward in the past 90 days.
Image Source: Zacks Investment Research
The unfavorable estimate revisions indicate brokers’ lack of confidence in the stock.
Alaska Air’s Price Performance
Shares of ALK have not had a good time on the bourses of late, declining in double digits over the past three months. The disappointing price performance resulted in ALK stock underperforming the Zacks Airline industry as well as other industry players such as Allegiant Travel Company (ALGT) and Southwest Airlines Co. LUV) in the said time frame.
ALk Stock's Three-Month Price Comparison
Image Source: Zacks Investment Research
Impressive Valuation Picture for ALK Stock
From a valuation perspective, ALK is trading at a discount compared to the industry, going by its forward 12-month price-to-sales ratio.
The stock has a forward 12-month P/S-F12M of 0.27X compared with 0.49X for the industry over the past five years. The company’s forward 12-month P/S-F12M ratio is also below the median level of 0.51X over the past five years. These factors indicate that the stock’s valuation is attractive. ALK has a Value Score of A.
ALK P/S Ratio (Forward 12 Months) Vs. Industry
Image Source: Zacks Investment Research
Final Thoughts
Alaska Air’s first-quarter 2026 earnings expectations have been weighed down by higher fuel costs, weak demand in Mexico due to unrest in Puerto Vallarta, severe rainstorms and historic flooding in Hawaii. Had there been no adverse effects from the fuel, Puerto Vallarta and Hawaii storms, ALK’s results would have surpassed the midpoint of original guidance. The unfavorable estimate revisions indicate brokers’ lack of confidence in the stock.
Despite the headwinds, we advise investors not to sell ALK stock now due to the company’s encouraging revenue trends, all thanks to the consistent demand throughout the network. Unit revenues remain in line with previous guidance, and capacity is anticipated toward the high end of the prior guided range, up 2% (prior view: up 1% to 2%). Managed corporate demand remains outstanding, with forward bookings over the next 90 days up more than 25% year over year. With 55% of the quarter’s revenue still to come, the company is all set for peak travel periods during its seasonally strongest quarter. ALK’s attractive valuation also makes it worthwhile.
We advise investors to wait for a better entry point. For those who already own the stock, it will be prudent to stay invested. The company’s current Zacks Rank #3 (Hold) justifies our analysis. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

How Should Investors Play Alaska Air Stock Post Bearish Q1 EPS View?

CSX Corporation CSX continues to strengthen its industrial development strategy by adding 21 new rail-served properties across 10 states to its Select Site program, underscoring its focus on enhancing supply chain efficiency and supporting business expansion. By designating only about 6% of its 1,110+ sites, CSX maintains a high-quality portfolio, making these locations more attractive for manufacturers seeking ready-to-develop, logistics-friendly infrastructure.
The initiative highlights CSX’s strong collaboration with more than 30 communities, reflecting a coordinated approach to economic development. By pre-qualifying sites based on infrastructure readiness and connectivity, the company reduces entry barriers for businesses, accelerates project timelines and improves site selection confidence. This not only strengthens CSX’s value proposition but helps communities convert preparedness into tangible investments and job creation.
The program’s effectiveness is evident in real-world outcomes, such as Owens Corning’s investment in Prattville, AL, which is set to create 100 skilled jobs. Such developments reinforce CSX’s role as a key enabler of regional economic growth while expanding its industrial footprint. Overall, the continued expansion of the Select Site program positions CSX to capitalize on growing demand for integrated rail and logistics solutions.
Share Price Performance of CSX
CSX shares have rallied 31.5% in a year compared with the Transportation - Rail industry’s 11.6% rise.
Image Source: Zacks Investment Research
CSX’s Zacks Rank & Stocks to Consider
CSX currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Investors interested in the Zacks Transportation sector may consider Allegiant Travel Company ALGT and SkyWest SKYW.
ALGT currently sports a Zacks Rank #1.
Allegiant has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark once, delivering an average beat of 23.61%.
SkyWest currently carries a Zacks Rank #2 (Buy).
SKYW has an expected earnings growth rate of 10.3% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in three of the trailing four quarters, missed once in the remaining, delivering an average beat of 12.75%.
5 Stocks Set to Double
Each was handpicked by a Zacks expert as the favorite stock to gain +100% or more in the months ahead. They include
Stock #1: A Disruptive Force with Notable Growth and Resilience
Stock #2: Bullish Signs Signaling to Buy the Dip
Stock #3: One of the Most Compelling Investments in the Market
Stock #4: Leader In a Red-Hot Industry Poised for Growth
Stock #5: Modern Omni-Channel Platform Coiled to Spring
Most of the stocks in this report are flying under Wall Street radar, which provides a great opportunity to get in on the ground floor. While not all picks can be winners, previous recommendations have soared +171%, +209% and +232%.
See Our Newest 5 Stocks Set to Double Picks >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
SkyWest, Inc. (SKYW) : Free Stock Analysis Report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

CSX Strengthens Industrial Network With New Select Site Additions

JetBlue Airways JBLU reaffirmed its commitment to the South Florida community by hosting its annual “Fly Like a Girl” event in Fort Lauderdale during Women’s History Month. The initiative aims to inspire young girls to explore careers in aviation and STEM fields. The program welcomed more than 100 local students aged 10-14 and gave them hands-on exposure to aviation through interactive activities, aircraft demonstrations and discussions with female pilots, engineers and technicians.
Through the event, JBLU actively promotes diversity and works to build a stronger future workforce in aviation. Female crewmembers shared their experiences and introduced students to different aviation careers, helping participants understand opportunities in a field that has historically been male-dominated. The initiative encourages young girls to develop an early interest in science, technology, engineering and mathematics.
JBLU organized the event in partnership with the JetBlue Foundation and the Museum of Discovery and Science. The museum’s STEMobile, a mobile science lab, delivered interactive learning experiences and hands-on STEM activities that allowed students to explore real-world scientific concepts.
The event highlighted the company’s strong presence in South Florida and its leadership at Fort Lauderdale–Hollywood International Airport. By investing in youth education and community initiatives, the airline strengthens its relationship with the region while helping develop the next generation of aviation professionals.
Share Price Performance of JBLU
JBLU’s share price has declined 9.8% over the past 90 days compared with the Transportation - Airline industry’s 12.6% fall.
Image Source: Zacks Investment Research
JBLU’s Zacks Rank
JBLU currently carries a Zacks Rank of #3 (Hold).
Stocks to Consider
Investors interested in the Zacks Transportation sector should consider Allegiant Travel Company ALGT and Southwest Airlines LUV. You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
ALGT currently sports a Zacks Rank #1.
Allegiant has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark once, delivering an average beat of 23.61%.
Southwest Airlines currently sports a Zacks Rank #1.
LUV has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in three of the trailing four quarters, missed once in the remaining, delivering an average beat of 253.9%.
Zacks Names #1 Semiconductor Stock
This under-the-radar company specializes in semiconductor products that titans like NVIDIA don't build. It's uniquely positioned to take advantage of the next growth stage of this market. And it's just beginning to enter the spotlight, which is exactly where you want to be.
With strong earnings growth and an expanding customer base, it's positioned to feed the rampant demand for Artificial Intelligence, Machine Learning, and Internet of Things. Global semiconductor manufacturing is projected to explode from $452 billion in 2021 to $971 billion by 2028.
See This Stock Now for Free >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

JBLU Sparks Aviation Interest Among Girls With Fort Lauderdale Event

For Immediate Release
Chicago, IL – March 11, 2026 – Today, Zacks Investment Ideas feature highlights Allegiant Travel Co. ALGT, Southwest Airlines LUV, International Consolidated Airlines Group ICAGY, American AAL, Delta DAL and United UAL.
Time to Catch Airline Stocks on the Rebound, or Is It Too Soon?
With many airline stocks trading at enticingly low forward P/E valuations, their rebound prospects have become increasingly attractive following a broader industry-wide correction.
However, several major U.S. airlines have cut or softened their earnings forecasts due to rising fuel costs, geopolitical disruptions, and uneven travel demand.
These pressures have contributed to weaker sector performance and investor caution, although there are a few noteworthy airline stocks that are starting to make the argument for being in oversold territory.
Why Airlines Are Cutting Earnings Forecasts
1. Jet Fuel Prices Have Spiked Sharply
Fuel is one of the largest airline expenses, and recent geopolitical conflicts in the Middle East have driven oil prices dramatically higher. Optimistically, crude oil prices dropped toward $80 a barrel on Tuesday after previously spiking above $100.
Still, jet fuel prices have surged over 70% in Asia and more than 140% in Europe, driven by Iran’s closure of the Strait of Hormuz and broader supply-chain threats.
Higher fuel costs directly reduce profit margins, forcing airlines to revise earnings expectations downward.
2. Geopolitical Tensions Are Disrupting Flight Routes
Airspace closures have sprawled across the Middle East after Iran-related strikes grounded thousands of flights and disrupted global travel flows.
These disruptions increase operating costs (longer routes, cancellations) and reduce revenue.
3. Demand and Pricing Have Been Softer Than Expected
Along with rising costs, domestic airline stocks has underperformed the broader market this year due to weaker-than-hoped demand and pricing.
Economic uncertainty has also played a part in dampening consumer travel spending.
4. Labor Issues and Pilot Shortages
Airlines continue to face elevated labor costs and pilot shortages, which pressure margins and complicate capacity planning.
Additionally, there has been a TSA personnel shortage recently, causing hours-long airport security lines across the U.S., including major hubs like Houston, New Orleans, and Atlanta.
The TSA shortage is directly tied to the ongoing partial Department of Homeland Security (DHS) shutdown, which has forced TSA officers to work without pay, leading to increased absences and reduced staffing.
Southwest a Notable Airline Stock That Looks Oversold
Holding spots on the coveted Zacks Rank #1 (Strong Buy) list, three notable airline stocks are making the case for being oversold, including Allegiant Travel Co., Southwest Airlines and International Consolidated Airlines Group, the holding company for British Airways and Iberia Airlines.
All three trade under 10X forward earnings and have fallen sharply over the last month, but are experiencing a stable or favorable trend of EPS revisions despite industry-wide cost pressures.
Southwest, for example, is less affected by international flight disruptions as a major regional carrier in the U.S. Trading at 9X forward earnings, FY26 and FY27 EPS estimates are actually up 6% and 4% for Southwest in the last 30 days, respectively.
Projected to bring in more than $30 billion in annual sales, Southwest’s annual earnings are now expected to spike to $4.38 per share this year compared to EPS of $0.93 in 2025. Furthermore, FY27 EPS is projected to leap another 18% to $5.17.
More compelling, the year-ago EPS estimates picture shows that Southwest’s FY26 and FY27 earnings estimate revisions have now spiked 57% and 33%, respectively.
Conclusion & Strategic Thoughts
Airline stocks may start to present some of the most intriguing buy-the-dip opportunities for investors who are willing to be patient and expand their risk tolerance. The airline industry is highly cyclical and sensitive to economic shifts, yet it can deliver strong returns when operating conditions turn favorable.
Keeping this in mind, major carriers likeAmerican, Delta and United have all cut their earnings forecast but remain attractive for long-term investors with a Zacks Rank #3 (Hold).
Although there could still be better buying opportunities ahead, several indicators suggest the pullback in the major airline stocks is starting to offer a compelling entry point as well, considering travel demand as a whole was still strong heading into 2026, and they're also trading at discounted valuations. This setup favors patient buyers looking for cyclical recovery potential.
Why Haven't You Looked at Zacks' Top Stocks?
Since 2000, our top stock-picking strategies have blown away the S&P's +7.7% average gain per year. Amazingly, they soared with average gains of +48.4%, +50.2% and +56.7% per year.
Today you can access their live picks without cost or obligation.
Media Contact
Zacks Investment Research
800-767-3771 ext. 9339
https://www.zacks.com
Past performance is no guarantee of future results. Inherent in any investment is the potential for loss. This material is being provided for informational purposes only and nothing herein constitutes investment, legal, accounting or tax advice, or a recommendation to buy, sell or hold a security. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. It should not be assumed that any investments in securities, companies, sectors or markets identified and described were or will be profitable. All information is current as of the date of herein and is subject to change without notice. Any views or opinions expressed may not reflect those of the firm as a whole. Zacks Investment Research does not engage in investment banking, market making or asset management activities of any securities. These returns are from hypothetical portfolios consisting of stocks with Zacks Rank = 1 that were rebalanced monthly with zero transaction costs. These are not the returns of actual portfolios of stocks. The S&P 500 is an unmanaged index. Visit https://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Radical New Technology Could Hand Investors Huge Gains
Quantum Computing is the next technological revolution, and it could be even more advanced than AI.
While some believed the technology was years away, it is already present and moving fast. Large hyperscalers, such as Microsoft, Google, Amazon, Oracle, and even Meta and Tesla, are scrambling to integrate quantum computing into their infrastructure.
Senior Stock Strategist Kevin Cook reveals 7 carefully selected stocks poised to dominate the quantum computing landscape in his report, Beyond AI: The Quantum Leap in Computing Power.
Kevin was among the early experts who recognized NVIDIA's enormous potential back in 2016. Now, he has keyed in on what could be "the next big thing" in quantum computing supremacy. Today, you have a rare chance to position your portfolio at the forefront of this opportunity.
See Top Quantum Stocks Now >>
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Zacks Investment Ideas feature highlights Consolidated Airlines, American, Delta and United

With many airline stocks trading at enticingly low forward P/E valuations, their rebound prospects have become increasingly attractive following a broader industry-wide correction.
However, several major U.S. airlines have cut or softened their earnings forecasts due to rising fuel costs, geopolitical disruptions, and uneven travel demand.
These pressures have contributed to weaker sector performance and investor caution, although there are a few noteworthy airline stocks that are starting to make the argument for being in oversold territory.
Why Airlines Are Cutting Earnings Forecasts
1. Jet Fuel Prices Have Spiked Sharply
Fuel is one of the largest airline expenses, and recent geopolitical conflicts in the Middle East have driven oil prices dramatically higher. Optimistically, crude oil prices dropped toward $80 a barrel on Tuesday after previously spiking above $100.
Still, jet fuel prices have surged over 70% in Asia and more than 140% in Europe, driven by Iran’s closure of the Strait of Hormuz and broader supply-chain threats.
Higher fuel costs directly reduce profit margins, forcing airlines to revise earnings expectations downward.
2. Geopolitical Tensions Are Disrupting Flight Routes
Airspace closures have sprawled across the Middle East after Iran-related strikes grounded thousands of flights and disrupted global travel flows.
These disruptions increase operating costs (longer routes, cancellations) and reduce revenue.
3. Demand and Pricing Have Been Softer Than Expected
Along with rising costs, domestic airline stocks has underperformed the broader market this year due to weaker-than-hoped demand and pricing.
Economic uncertainty has also played a part in dampening consumer travel spending.
4. Labor Issues and Pilot Shortages
Airlines continue to face elevated labor costs and pilot shortages, which pressure margins and complicate capacity planning.
Additionally, there has been a TSA personnel shortage recently, causing hours-long airport security lines across the U.S., including major hubs like Houston, New Orleans, and Atlanta.
The TSA shortage is directly tied to the ongoing partial Department of Homeland Security (DHS) shutdown, which has forced TSA officers to work without pay, leading to increased absences and reduced staffing.
Southwest is a Notable Airline Stock That Looks Oversold
Holding spots on the coveted Zacks Rank #1 (Strong Buy) list, three notable airline stocks are making the case for being oversold, including Allegiant Travel Company ALGT, Southwest Airlines LUV, and International Consolidated Airlines Group ICAGY, the holding company for British Airways and Iberia Airlines.
All three trade under 10X forward earnings and have fallen sharply over the last month, but are experiencing a stable or favorable trend of EPS revisions despite industry-wide cost pressures.
Image Source: Zacks Investment Research
Southwest, for example, is less affected by international flight disruptions as a major regional carrier in the U.S. Trading at 9X forward earnings, FY26 and FY27 EPS estimates are actually up 6% and 4% for Southwest in the last 30 days, respectively.
Projected to bring in more than $30 billion in annual sales, Southwest’s annual earnings are now expected to spike to $4.38 per share this year compared to EPS of $0.93 in 2025. Furthermore, FY27 EPS is projected to leap another 18% to $5.17.
Image Source: Zacks Investment Research
More compelling, the year-ago EPS estimates picture shows that Southwest’s FY26 and FY27 earnings estimate revisions have now spiked 57% and 33%, respectively.
Image Source: Zacks Investment Research
Conclusion & Strategic Thoughts
Airline stocks may start to present some of the most intriguing buy-the-dip opportunities for investors who are willing to be patient and expand their risk tolerance. The airline industry is highly cyclical and sensitive to economic shifts, yet it can deliver strong returns when operating conditions turn favorable.
Keeping this in mind, major carriers like American AAL, Delta DAL, and United UAL have all cut their earnings forecast but remain attractive for long-term investors with a Zacks Rank #3 (Hold).
Although there could still be better buying opportunities ahead, several indicators suggest the pullback in the major airline stocks is starting to offer a compelling entry point as well, considering travel demand as a whole was still strong heading into 2026, and they're also trading at discounted valuations. This setup favors patient buyers looking for cyclical recovery potential.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Time to Buy Airline Stocks for a Rebound, or is it Too Soon?

JetBlue Airways JBLU has launched a service to Destin–Fort Walton Beach Airport (“VPS”), marking its 11th destination in Florida and strengthening connectivity between the Northeast and the Sunshine State. The airline operated its inaugural flight from John F. Kennedy International Airport in New York. It introduced a new nonstop route connecting VPS and Boston Logan International Airport, expanding travel options to Florida’s Emerald Coast.
The airline now offers travelers in major Northeast markets direct access to one of Florida’s popular leisure destinations, known for its white-sand beaches and vibrant tourism appeal. By linking Destin–Fort Walton Beach with New York and Boston, JetBlue taps strong leisure demand while providing Florida Panhandle residents with easier connections to its broader network across the United States, Canada, Latin America, the Caribbean and Europe.
JetBlue will boost service during the Spring Break period by operating two daily nonstop flights between Boston and Destin–Fort Walton Beach on select days from April 17-26. To promote the new routes and encourage early bookings, the airline introduced limited-time introductory fares starting at $69 one-way.
This expansion highlights JetBlue’s continued focus on strengthening its Northeast–Florida corridor, where it already maintains a strong presence. Passengers on the new routes will enjoy JetBlue’s signature onboard offerings, including free Fly-Fi internet, seatback entertainment and complimentary snacks and beverages.
Share Price Performance
The company’s share price has declined 21.3% over the past year against the Transportation-Airline industry’s 17.5% rise.
Image Source: Zacks Investment Research
JBLU’s Zacks Rank
JBLU currently carries a Zacks Rank #3 (Hold). You can see the complete list of today’s Zacks #1 Rank (Strong Buy) stocks here.
Stocks to Consider
Investors interested in the Zacks Transportation sector should consider Allegiant Travel Company ALGT and Southwest Airlines LUV.
ALGT currently sports a Zacks Rank #1.
Allegiant has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings outpaced the Zacks Consensus Estimate in three of the trailing four quarters and missed the mark once, delivering an average beat of 23.61%.
Southwest Airlines currently sports a Zacks Rank #1.
LUV has an expected earnings growth rate of more than 100% for the current year. The company has an encouraging earnings surprise history. Its earnings topped the Zacks Consensus Estimate in three of the trailing four quarters and missed once, delivering an average beat of 253.9%.
Beyond Nvidia: AI's Second Wave Is Here
The AI revolution has already minted millionaires. But the stocks everyone knows about aren't likely to keep delivering the biggest profits. Little-known AI firms tackling the world's biggest problems may be more lucrative in the coming months and years.
See
Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report
The views and opinions expressed herein are the views and opinions of the author and do not necessarily reflect those of Nasdaq, Inc.

Allegiant Travel Company

Sign up and unlock all the capabilities of the AI-screener