Spirit Airlines - SAVE Stock Price Target and Predictions

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

Consensus Rating: Strong Sell
Consensus Price Target: $4.91
Forecasted Upside: 33.17%
Number of Analysts: 7
Breakdown:
4 Sell Ratings
3 Hold Ratings
0 Buy Ratings
0 Strong Buy Ratings

^$3.69 As of 04/24/2024 01:00 AM ET

▼ -0.1 (-2.64%)

1 month | 3 months | 12 months

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Analyst Price Target for SAVE

^$4.91

▲ +33.17% Upside Potential

This price target is based on 7 analysts offering 12 month price targets for Spirit Airlines in the last 3 months. The average price target is $4.91, with a high forecast of $10.00 and a low forecast of $3.50. The average price target represents a 33.17% upside from the last price of $3.69.

Current Consensus is Strong Sell

The current consensus among 7 investment analysts is to strong sell stock in Spirit Airlines. This Strong Sell consensus rating has held steady for over two years.

Past Monthly Recommendations

Move your mouse over past months for details

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

11/1/2022

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

1/30/2023

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

4/30/2023

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

7/29/2023

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

10/27/2023

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

1/25/2024

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

3/25/2024

0 strong buy ratings
0 buy ratings
3 hold ratings
4 sell ratings

Ratings as of

4/24/2024

Latest Recommendations

Show Most Recent Rating from Each Ratings Firm Show All Ratings

Date	Brokerage	Action	Rating	Price Target	Impact on Share Price
4/17/2024	Citigroup	Lower Target	Sell ➝ Sell	$4.00 ➝ $3.85	N/A
4/16/2024	TD Cowen	Lower Target	Hold ➝ Hold	$5.00 ➝ $4.00	Low
4/9/2024	Susquehanna	Lower Target	Negative ➝ Negative	$5.00 ➝ $4.00	Low
4/4/2024	Evercore ISI	Lower Target	In-Line ➝ In-Line	$18.00 ➝ $3.50	Low
3/27/2024	Barclays	Initiated Coverage	Underweight	$4.00	Low
2/12/2024	Citigroup	Boost Target	Sell ➝ Sell	$3.95 ➝ $4.00	Low
1/22/2024	TD Cowen	Lower Target	Market Perform	$11.00 ➝ $5.00	Low
1/18/2024	Citigroup	Downgrade	Neutral ➝ Sell	$13.00 ➝ $4.00	Low
1/17/2024	Seaport Res Ptn	Downgrade	Buy ➝ Neutral		Low
1/17/2024	Bank of America	Initiated Coverage	Underperform	$5.00	Low
1/17/2024	Susquehanna	Reiterated Rating	Neutral ➝ Negative	$15.00 ➝ $5.00	Low
11/1/2023	Citigroup	Lower Target	Neutral ➝ Neutral	$16.50 ➝ $13.00	Low
10/11/2023	Susquehanna	Lower Target	Neutral ➝ Neutral	$17.00 ➝ $15.00	Low
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

(Data available from 4/24/2019 forward)

News Sentiment Rating

0.31 (Hold)

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

24 very positive mentions
32 positive mentions
7 negative mentions
5 very negative mentions

Mentions as of

9/27/2023

13 very positive mentions
27 positive mentions
21 negative mentions
3 very negative mentions

Mentions as of

10/27/2023

15 very positive mentions
36 positive mentions
16 negative mentions
6 very negative mentions

Mentions as of

11/26/2023

10 very positive mentions
29 positive mentions
18 negative mentions
6 very negative mentions

Mentions as of

12/26/2023

27 very positive mentions
59 positive mentions
59 negative mentions
18 very negative mentions

Mentions as of

1/25/2024

34 very positive mentions
54 positive mentions
23 negative mentions
4 very negative mentions

Mentions as of

2/24/2024

23 very positive mentions
47 positive mentions
32 negative mentions
7 very negative mentions

Mentions as of

3/25/2024

23 very positive mentions
54 positive mentions
21 negative mentions
1 very negative mentions

Mentions as of

4/24/2024

Current Sentiment

Recent Stories by Sentiment

Spirit Airlines, Inc. provides airline services. The company also offers hotels and rental cars services. It serves 93 destinations in 15 countries in the United States, Latin America, and the Caribbean. As of December 31, 2023, the company operated a fleet of 205 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 incorporated in 1964 and is headquartered in Miramar, Florida.

Today's Range

Now: $3.69

$3.65

$3.78

50 Day Range

MA: $5.01

$3.69

$6.62

52 Week Range

Now: $3.69

$3.65

$19.69

Volume

4,794,333 shs

Average Volume

14,552,869 shs

Market Capitalization

$403.43 million

P/E Ratio

N/A

Dividend Yield

N/A

Beta

1.35

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: Bank of America Co., Barclays PLC, Citigroup Inc., Evercore ISI, JPMorgan Chase & Co., Seaport Res Ptn, StockNews.com, Susquehanna, TD Cowen, and TheStreet.
View the latest analyst ratings for SAVE.
What is the current price target for Spirit Airlines?: 7 Wall Street analysts have set twelve-month price targets for Spirit Airlines in the last year. Their average twelve-month price target is $4.91, suggesting a possible upside of 33.2%. JPMorgan Chase & Co. has the highest price target set, predicting SAVE will reach $10.00 in the next twelve months. Evercore ISI has the lowest price target set, forecasting a price of $3.50 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 sell ratings and 3 hold ratings from Wall Street analysts. The stock has a consensus analyst rating of "Strong Sell."
View the latest ratings for SAVE.
What other companies compete with Spirit Airlines?: Other companies that are similar to Spirit Airlines include Hawaiian, Controladora Vuela Compañía de Aviación, Sun Country Airlines, Allegiant Travel and Frontier Group. 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 [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 Strong Sell

Past Monthly Recommendations

Latest Recommendations

News Sentiment Rating

0.31 (Hold)

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?