Is ALGT stock a buy after the Raymond James downgrade?

It depends on your time frame. After a 52% six-month climb, shares trade near the median target of $85. If you seek a better risk-reward, consider waiting for support near $83 or the 50-day near $72.35. Long-term holders should watch margins and cash trends.

What valuation metrics matter most for ALGT stock now?

Price to sales near 0.60 and price to operating cash flow around 3.95 look reasonable. P/E is not helpful due to negative earnings, and price to book is distorted by tiny equity. Enterprise value to EBITDA screens high because EBITDA is depressed, so use a broader set of measures.

What technical levels should traders watch on ALGT stock?

Support sits around $83 to $83.50 and deeper at the 50-day near $72.35. Resistance is near $89.74, then $95 and $100, with the 52-week high at $107.57. RSI near 63 and ADX around 33 show a firm trend, but swings are wider with ATR near 3.6.

What could improve sentiment on ALGT stock in the near term?

A clean beat on revenue and margins, steady demand, and lower fuel costs could lift sentiment. Clear visibility on 2025 capacity plans and disciplined costs would help. If cash generation stays solid while leverage trends stable, valuation concerns may ease and targets could drift higher.

Global Market Insights

ALGT Stock Today: Raymond James Downgrades on Valuation — December 27

ByHuzaifa Zahoor December 28, 2025December 28, 2025

ALGT stock is in focus after Raymond James issued a downgrade on stretched valuation following a 52% six-month rally. Allegiant Travel (ALGT) has improved fourth-quarter capacity and margin guidance, and liquidity looks solid, but the call questions how much is already priced in. The recent share price sits near $84.64, within a 52-week range of $39.80 to $107.57. For US investors, we break down the downgrade, valuation checks, key technicals, and what to watch next.