Spirit Airlines - SAVE Stock Price Target and Predictions

Target and Analyst Ratings
Price Target History
Upgrades and Downgrades
News Sentiment
About
FAQ

Consensus Rating: Hold
Consensus Price Target: $17.50
Forecasted Upside: 8.29%
Number of Analysts: 5
Breakdown:
0 Sell Ratings
4 Hold Ratings
1 Buy Ratings
0 Strong Buy Ratings

^$16.16 As of 10/3/2023 11:39 AM ET

▼ -0.25 (-1.52%)

1 month | 3 months | 12 months

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Analyst Price Target for SAVE

^$17.50

▲ +8.29% Upside Potential

This price target is based on 5 analysts offering 12 month price targets for Spirit Airlines in the last 3 months. The average price target is $17.50, with a high forecast of $24.00 and a low forecast of $10.00. The average price target represents a 8.29% upside from the last price of $16.16.

Current Consensus is Hold

The current consensus among 5 polled investment analysts is to hold stock in Spirit Airlines. This Hold consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

4/11/2022

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

7/10/2022

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

10/8/2022

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

1/6/2023

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

4/6/2023

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

7/5/2023

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

9/3/2023

0 strong buy ratings
1 buy ratings
4 hold ratings
0 sell ratings

Ratings as of

10/3/2023

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
9/25/2023	Citigroup	Lower Target	Neutral ➝ Neutral	$16.90 ➝ $16.50	Low
9/18/2023	Evercore ISI	Lower Target	In-Line ➝ In-Line	$25.00 ➝ $20.00	Low
8/28/2023	Evercore ISI	Lower Target	In-Line ➝ In-Line	$28.00 ➝ $25.00	Low
8/8/2023	Susquehanna	Lower Target	Neutral ➝ Neutral	$20.00 ➝ $17.00	Low
5/8/2023	JPMorgan Chase & Co.	Lower Target		$28.00 ➝ $10.00	Low
12/20/2022	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$27.00 ➝ $24.00	Low
12/16/2022	Seaport Res Ptn	Reiterated Rating	Buy		Low
11/1/2022	Citigroup	Boost Target	Neutral	$22.00 ➝ $23.00	Low
9/30/2022	Citigroup	Reiterated Rating	Neutral ➝ Neutral	$22.00	Low
8/15/2022	Melius	Initiated Coverage	Hold		Low
8/9/2022	Cowen	Lower Target		$30.00	Low
7/29/2022	Cowen	Downgrade	Outperform ➝ Market Perform	$40.00 ➝ $30.00	Low
7/29/2022	Cowen	Downgrade	Outperform ➝ Market Perform		Low
7/29/2022	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Underweight	$30.00 ➝ $29.00	Low
7/12/2022	Susquehanna Bancshares	Boost Target	Neutral	$22.00 ➝ $27.00	Low
7/12/2022	Susquehanna	Boost Target	Neutral	$22.00 ➝ $27.00	N/A
6/27/2022	Evercore ISI	Boost Target	In-Line	$25.00 ➝ $28.00	Low
6/10/2022	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$24.00 ➝ $30.00	High
5/5/2022	Deutsche Bank Aktiengesellschaft	Lower Target		$38.00 ➝ $27.00	High
1/14/2022	Barclays	Lower Target	Overweight	$46.00 ➝ $38.00	Medium
1/13/2022	Susquehanna Bancshares	Downgrade	Positive ➝ Neutral	$31.00 ➝ $25.00	High
1/13/2022	Susquehanna	Downgrade	Positive ➝ Neutral	$31.00 ➝ $25.00	High
1/3/2022	MKM Partners	Downgrade	Buy ➝ Neutral	$25.00	High
12/13/2021	Seaport Res Ptn	Upgrade	Neutral ➝ Buy		Low
12/6/2021	Evercore ISI	Upgrade	In-Line ➝ Outperform	$28.00	High
10/28/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$36.00 ➝ $30.00	Medium
10/6/2021	The Goldman Sachs Group	Lower Target	Neutral	$35.00 ➝ $28.00	High
10/1/2021	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$43.00 ➝ $34.00	High
9/22/2021	Citigroup	Lower Target	Buy	$36.00 ➝ $35.00	High
8/17/2021	Stifel Nicolaus	Lower Target	Hold	$33.00 ➝ $28.00	High
8/17/2021	Susquehanna Bancshares	Lower Target	Positive	$40.00 ➝ $36.00	Medium
8/17/2021	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$44.00 ➝ $36.00	Low
8/17/2021	Susquehanna	Lower Target	Positive	$40.00 ➝ $36.00	High
8/17/2021	Citigroup	Lower Target	Positive ➝ Buy	$42.00 ➝ $36.00	High
8/12/2021	Evercore ISI	Reiterated Rating	Hold	$35.00	Medium
6/15/2021	Citigroup	Upgrade	Neutral ➝ Buy	$40.00 ➝ $42.00	High
6/10/2021	MKM Partners	Initiated Coverage	Buy	$44.00	High
5/14/2021	Wolfe Research	Upgrade	Underperform ➝ Peer Perform	$35.00	High
5/4/2021	Evercore ISI	Reiterated Rating	Outperform ➝ In-Line	$40.00	N/A
4/15/2021	Barclays	Boost Target		$35.00 ➝ $50.00	Low
4/14/2021	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Overweight	$31.00 ➝ $54.00	High
4/13/2021	Susquehanna Bancshares	Upgrade	Neutral ➝ Positive	$50.00	High
4/13/2021	Susquehanna	Upgrade	Neutral ➝ Positive	$50.00	High
4/12/2021	Raymond James	Reiterated Rating	Hold		High
3/16/2021	The Goldman Sachs Group	Boost Target	Neutral	$17.00 ➝ $32.00	Medium
2/22/2021	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$44.00	Medium
2/12/2021	Susquehanna Bancshares	Boost Target	Neutral	$22.00 ➝ $27.00	Low
2/12/2021	Cowen	Boost Target	Outperform	$29.00 ➝ $35.00	Low
2/12/2021	Susquehanna	Boost Target	Neutral	$22.00 ➝ $27.00	Low
2/11/2021	Credit Suisse Group	Boost Target	Underperform	$13.00 ➝ $16.00	Low
2/10/2021	Vertical Research	Downgrade	Buy ➝ Hold	$34.00	Low
2/8/2021	Citigroup	Boost Target		$26.50 ➝ $35.00	Low
1/14/2021	Susquehanna Bancshares	Boost Target	Neutral	$19.00 ➝ $22.00	Low
1/8/2021	Bank of America	Upgrade	Underperform ➝ Neutral		Medium
12/16/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Underweight	$25.00	Low
12/11/2020	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$24.00 ➝ $30.00	Medium
10/30/2020	JPMorgan Chase & Co.	Upgrade	Buy	$25.00	High
10/8/2020	Evercore ISI	Upgrade	In-Line ➝ Outperform		Low
10/7/2020	JPMorgan Chase & Co.	Upgrade	Underweight ➝ Neutral	$14.00 ➝ $19.00	Low
9/18/2020	Barclays	Boost Target		$18.00 ➝ $24.00	Medium
7/24/2020	Barclays	Boost Target	Overweight	$16.00 ➝ $18.00	Low
6/29/2020	The Goldman Sachs Group	Boost Target	Positive ➝ Conviction-Buy	$15.00 ➝ $20.00	High
6/15/2020	Citigroup	Boost Target	Buy	$14.00 ➝ $22.00	High
6/12/2020	Credit Suisse Group	Downgrade	Neutral ➝ Underperform	$12.00 ➝ $13.00	Low
6/10/2020	JPMorgan Chase & Co.	Boost Target		$10.00 ➝ $14.00	High
5/29/2020	Wolfe Research	Downgrade	Peer Perform ➝ Underperform	$37.00	High
5/18/2020	Evercore ISI	Upgrade	In-Line ➝ Outperform	$12.00	High
5/13/2020	Citigroup	Lower Target	Buy	$30.00 ➝ $14.00	High
5/13/2020	Raymond James	Downgrade	Outperform ➝ Market Perform		High
5/8/2020	JPMorgan Chase & Co.	Lower Target	Underweight	$11.00 ➝ $10.00	High
5/4/2020	Barclays	Downgrade	Overweight ➝ Neutral	$25.00 ➝ $20.00	High
4/29/2020	Cowen	Lower Target	Outperform	$21.00 ➝ $19.00	High
4/21/2020	Deutsche Bank Aktiengesellschaft	Lower Target	Buy	$26.00 ➝ $24.00	Low
4/6/2020	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Underweight	$41.00 ➝ $11.00	Medium
3/30/2020	Citigroup	Lower Target	Buy	$39.00 ➝ $30.00	High
3/26/2020	Bank of America	Boost Target	Underperform	$8.00 ➝ $10.00	High
3/25/2020	Deutsche Bank Aktiengesellschaft	Upgrade	Hold ➝ Buy	$26.00	High
3/23/2020	Raymond James	Lower Target	Outperform	$55.00 ➝ $22.00	High
3/13/2020	Citigroup	Lower Target	Buy	$45.00 ➝ $39.00	High
2/27/2020	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$55.00	High
2/27/2020	Buckingham Research	Downgrade	Buy ➝ Neutral	$57.00 ➝ $30.00	High
2/6/2020	Cowen	Boost Target	Outperform	$50.00 ➝ $56.00	Medium
2/6/2020	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$49.00 ➝ $55.00	High
2/6/2020	Buckingham Research	Boost Target	Buy	$53.00 ➝ $57.00	High
2/6/2020	Credit Suisse Group	Boost Target	Neutral	$43.00 ➝ $47.00	High
1/16/2020	Buckingham Research	Reiterated Rating	Buy	$50.00 ➝ $53.00	High
1/16/2020	Citigroup	Boost Target	Buy	$46.00 ➝ $48.00	High
1/9/2020	Vertical Research	Upgrade	Hold ➝ Buy		Medium
12/16/2019	Cowen	Reiterated Rating	Outperform	$48.00 ➝ $50.00	High
12/2/2019	Buckingham Research	Upgrade	Neutral ➝ Buy	$41.00 ➝ $50.00	High
11/19/2019	Susquehanna Bancshares	Initiated Coverage	Neutral	$41.00	Medium
10/31/2019	Citigroup	Initiated Coverage	Buy	$46.00	Low
10/28/2019	Credit Suisse Group	Reiterated Rating	Hold	$43.00	Medium
10/11/2019	Stifel Nicolaus	Set Target	Hold	$55.00	Low
10/11/2019	Cowen	Lower Target	Outperform	$51.00 ➝ $48.00	High
10/10/2019	Morgan Stanley	Lower Target	Equal Weight	$38.00 ➝ $37.00	Low
9/23/2019	Bank of America	Downgrade	Sell	$39.00	Medium
9/23/2019	Stephens	Downgrade	Overweight ➝ Equal	$55.00 ➝ $45.00	Low
9/13/2019	Macquarie	Upgrade	Neutral ➝ Outperform	$47.00	Low
9/9/2019	Morgan Stanley	Set Target	Hold	$38.00	Low
9/9/2019	Buckingham Research	Downgrade	Buy ➝ Neutral	$69.00 ➝ $41.00	Low
9/9/2019	Cowen	Lower Target	Outperform	$60.00 ➝ $51.00	Medium
9/3/2019	Raymond James	Downgrade	Strong-Buy ➝ Market Perform	$65.00 ➝ $60.00	High
8/22/2019	Vertical Research	Initiated Coverage	Hold		Low
8/14/2019	Morgan Stanley	Lower Target	Equal Weight	$56.00 ➝ $41.00	Medium
7/30/2019	Imperial Capital	Lower Target	Outperform ➝ Outperform	$78.00 ➝ $64.00	Low
7/29/2019	Macquarie	Downgrade	Outperform ➝ Neutral	$71.00 ➝ $47.00	Medium
7/26/2019	Raymond James	Set Target	Buy	$65.00	Medium
7/26/2019	Citigroup	Set Target	Buy	$67.00	Medium
7/26/2019	Credit Suisse Group	Downgrade	Outperform ➝ Neutral	$68.00 ➝ $51.00	High
7/25/2019	Deutsche Bank Aktiengesellschaft	Downgrade	Buy ➝ Hold	$79.00 ➝ $55.00	High
7/12/2019	Macquarie	Set Target	Buy	$71.00	Low
7/12/2019	Deutsche Bank Aktiengesellschaft	Boost Target	Buy	$75.00 ➝ $79.00	Low
6/6/2019	The Goldman Sachs Group	Downgrade	Buy ➝ Neutral	$69.00 ➝ $60.00	Low
5/20/2019	Morgan Stanley	Lower Target	Equal Weight	$68.00 ➝ $56.00	Low
4/26/2019	Raymond James	Lower Target	Strong-Buy ➝ Strong-Buy	$80.00 ➝ $75.00	High
4/26/2019	Imperial Capital	Reiterated Rating	Outperform ➝ Outperform	$83.00 ➝ $78.00	Low
4/25/2019	Bank of America	Downgrade	Buy ➝ Neutral	$71.00 ➝ $61.00	High
4/11/2019	Cowen	Lower Target	Outperform	$76.00 ➝ $73.00	Low
3/28/2019	Imperial Capital	Lower Target	Outperform ➝ Outperform	$92.00 ➝ $83.00	High
3/11/2019	Barclays	Upgrade	Equal Weight ➝ Overweight	$65.00 ➝ $70.00	Medium
2/7/2019	Credit Suisse Group	Reiterated Rating	Buy	$83.00	Medium
2/7/2019	The Goldman Sachs Group	Upgrade	Neutral ➝ Buy	$78.00 ➝ $85.00	High
2/7/2019	Imperial Capital	Reiterated Rating	Outperform ➝ Outperform	$90.00 ➝ $92.00	High
2/6/2019	Stephens	Reiterated Rating	Overweight	$74.00 ➝ $78.00	High
2/4/2019	Vertical Research	Initiated Coverage	Buy		Low
1/29/2019	Macquarie	Set Target	Buy	$81.00	Medium
1/17/2019	Cowen	Reiterated Rating	Outperform ➝ Outperform	$71.00 ➝ $76.00	Medium
1/10/2019	Cowen	Upgrade	Market Perform ➝ Outperform	$71.00 ➝ $76.00	Medium
1/9/2019	Imperial Capital	Lower Target	Outperform ➝ Outperform	$98.00 ➝ $88.00	High
12/14/2018	Credit Suisse Group	Upgrade	Buy	$77.00	Medium
12/7/2018	Wolfe Research	Downgrade	Outperform ➝ Hold		High
12/6/2018	Credit Suisse Group	Upgrade	Neutral ➝ Outperform	$59.00 ➝ $77.00	Medium
12/3/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$58.00 ➝ $68.00	Low
12/2/2018	JPMorgan Chase & Co.	Boost Target		$59.00	Low
11/28/2018	JPMorgan Chase & Co.	Upgrade	Neutral ➝ Overweight	$59.00 ➝ $82.00	High
11/27/2018	Imperial Capital	Boost Target	Outperform ➝ Outperform	$90.00 ➝ $98.00	Low
11/27/2018	Cowen	Boost Target	Market Perform ➝ Market Perform	$55.00 ➝ $60.00	High
11/19/2018	Credit Suisse Group	Initiated Coverage	Neutral ➝ Neutral	$59.00	High
11/14/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$53.00 ➝ $58.00	Medium
11/12/2018	The Goldman Sachs Group	Initiated Coverage	Neutral ➝ Neutral	$61.00	Low
10/30/2018	JPMorgan Chase & Co.	Downgrade	Overweight ➝ Neutral	$51.00 ➝ $59.00	Low
10/26/2018	Buckingham Research	Boost Target	Buy ➝ Buy	$56.00 ➝ $64.00	Low
10/26/2018	Raymond James	Boost Target	Strong-Buy ➝ Strong-Buy	$52.00 ➝ $65.00	Low
10/26/2018	Imperial Capital	Boost Target	Positive ➝ Outperform	$72.00 ➝ $90.00	Low
10/15/2018	Morgan Stanley	Boost Target	Equal Weight ➝ Equal Weight	$50.00 ➝ $53.00	High
10/11/2018	Imperial Capital	Boost Target	Positive ➝ Outperform	$69.00 ➝ $72.00	High
10/10/2018	Buckingham Research	Set Target	Buy ➝ Buy	$61.00 ➝ $56.00	High
10/10/2018	Deutsche Bank Aktiengesellschaft	Boost Target	Buy ➝ Buy	$51.00 ➝ $53.00	High
10/8/2018	Macquarie	Set Target	Buy	$56.00	Low

(Data available from 10/3/2018 forward)

News Sentiment Rating

0.65 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

16 very positive mentions
35 positive mentions
17 negative mentions
5 very negative mentions

Mentions as of

3/7/2023

26 very positive mentions
26 positive mentions
14 negative mentions
5 very negative mentions

Mentions as of

4/6/2023

22 very positive mentions
53 positive mentions
11 negative mentions
2 very negative mentions

Mentions as of

5/6/2023

12 very positive mentions
28 positive mentions
9 negative mentions
2 very negative mentions

Mentions as of

6/5/2023

12 very positive mentions
15 positive mentions
5 negative mentions
2 very negative mentions

Mentions as of

7/5/2023

16 very positive mentions
37 positive mentions
12 negative mentions
7 very negative mentions

Mentions as of

8/4/2023

15 very positive mentions
32 positive mentions
15 negative mentions
4 very negative mentions

Mentions as of

9/3/2023

28 very positive mentions
30 positive mentions
8 negative mentions
4 very negative mentions

Mentions as of

10/3/2023

Current Sentiment

Recent Stories by Sentiment

Spirit Airlines, Inc. provides airline services. The company provides front seats, including wider seats with extra legroom, carry-on and checked baggage, assigned seats, travel insurance, and onboard beverages and snacks, as well as hotels, cars, vacation packages, and cruises services. It serves 92 destinations in 16 countries in the United States, Latin America, and the Caribbean. As of December 31, 2022, the company had a fleet of 194 Airbus single-aisle aircraft. The company was formerly known as Clippert Trucking Company and changed its name to Spirit Airlines, Inc. in 1992. Spirit Airlines, Inc. was founded in 1964 and is headquartered in Miramar, Florida.

Today's Range

Now: $16.16

$16.10

$16.49

50 Day Range

MA: $16.28

$15.07

$17.96

52 Week Range

Now: $16.16

$14.41

$22.70

Volume

377,292 shs

Average Volume

1,586,387 shs

Market Capitalization

$1.76 billion

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.1

Frequently Asked Questions

What sell-side analysts currently cover shares of Spirit Airlines?: The following Wall Street analysts have issued research reports on Spirit Airlines in the last year: Citigroup Inc., Deutsche Bank Aktiengesellschaft, Evercore ISI, JPMorgan Chase & Co., Seaport Res Ptn, StockNews.com, Susquehanna, and TheStreet.
View the latest analyst ratings for SAVE.
What is the current price target for Spirit Airlines?: 5 Wall Street analysts have set twelve-month price targets for Spirit Airlines in the last year. Their average twelve-month price target is $17.50, suggesting a possible upside of 6.6%. Deutsche Bank Aktiengesellschaft has the highest price target set, predicting SAVE will reach $24.00 in the next twelve months. JPMorgan Chase & Co. has the lowest price target set, forecasting a price of $10.00 for Spirit Airlines in the next year.
View the latest price targets for SAVE.
What is the current consensus analyst rating for Spirit Airlines?: Spirit Airlines currently has 4 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in SAVE, but not buy more shares or sell existing shares.
View the latest ratings for SAVE.
What other companies compete with Spirit Airlines?: Other companies that are similar to Spirit Airlines include SkyWest, JetBlue Airways, Allegiant Travel, Frontier Group and Sun Country Airlines. Learn More about companies similar to Spirit Airlines.
How do I contact Spirit Airlines' investor relations team?: Spirit Airlines' physical mailing address is 2800 EXECUTIVE WAY, MIRAMAR FL, 33025. The company's listed phone number is (954) 447-7920 and its investor relations email address is investorre[email protected]. The official website for Spirit Airlines is www.spirit.com. Learn More about contacing Spirit Airlines investor relations.

Spirit Airlines - SAVE Stock Price Target and Predictions

Analyst Price Target for SAVE

Current Consensus is Hold

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.65 (Buy)

News Sentiment Over Time

Current Sentiment

Recent Stories by Sentiment

Very Negative

Negative

Positive

Very Positive

Today's Range

50 Day Range

52 Week Range

Volume

Average Volume

Market Capitalization

P/E Ratio

Dividend Yield

Beta

Frequently Asked Questions

What sell-side analysts currently cover shares of Spirit Airlines?

What is the current price target for Spirit Airlines?

What is the current consensus analyst rating for Spirit Airlines?

What other companies compete with Spirit Airlines?

How do I contact Spirit Airlines' investor relations team?