Gynaephora alpherakii (Grum-Grschimailo) (Lepidoptera: Lymantriidae) is a major pest in alpine meadow areas in the Qinghai-Tibetan Plateau (QTP) and causes severe losses in the local livestock production industry. Assessing areas at high risk for G. alpherakii infestation is critical for the effective management of this pest. In this study, an ensemble distribution model was used to analyze areas suitable for G. alpherakii on the QTP. Risk zoning was performed based on the vegetation and environmental conditions in areas with high-occurrence points, and differences between high-occurrence points and other occurrence points were compared. The results revealed that the suitable areas for G. alpherakii on the QTP amounted to 28.27 × 104 hm2, accounting for 10.94% of the total area of the QTP; the area of high-risk was 19.07 × 104 hm2, and these areas were located mainly in the eastern part of the QTP. Qinghai Province had the highest risk, accounting for 77% of the total area identified as high-risk. In terms of habitat, G. alpherakii preferred alpine Kobresia meadows, which have abundant sunshine, loose soil, and scarce precipitation. This study supports efforts to manage G. alpherakii outbreaks and contributes to the ecological protection of the QTP.