Spirit Airlines, Inc. (SAVE)
NYSE: SAVE · IEX Real-Time Price · USD
3.650
+0.110 (3.11%)
At close: Jul 2, 2024, 4:00 PM
3.630
-0.020 (-0.55%)
After-hours: Jul 2, 2024, 7:58 PM EDT
Spirit Airlines Stock Forecast
Stock Price Forecast
The 6 analysts with 12-month price forecasts for Spirit Airlines stock have an average target of 3.33, with a low estimate of 3.00 and a high estimate of 4.00. The average target predicts a decrease of -8.77% from the current stock price of 3.65.
Analyst Consensus: Sell
* Price targets were last updated on May 14, 2024.
Analyst Ratings
The average analyst rating for SAVE stock from 7 stock analysts is "Sell". This means that analysts believe this stock is likely to lead to lower returns than market as a whole.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 2 | 2 | 2 | 3 | 4 | 4 |
| Sell | 2 | 2 | 3 | 3 | 2 | 2 |
| Strong Sell | 1 | 1 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 6 | 7 | 7 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell Maintains $3.85 → $3.5 | Strong Sell | Maintains | $3.85 → $3.5 | -4.11% | May 14, 2024 |
| Susquehanna | Susquehanna | Sell Maintains $4 → $3 | Sell | Maintains | $4 → $3 | -17.81% | May 8, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | -17.81% | May 7, 2024 |
| Deutsche Bank | Deutsche Bank | Hold Maintains $4 → $3 | Hold | Maintains | $4 → $3 | -17.81% | May 7, 2024 |
| Citigroup | Citigroup | Strong Sell Maintains $4 → $3.85 | Strong Sell | Maintains | $4 → $3.85 | +5.48% | Apr 17, 2024 |
Financial Forecast
Revenue This Year
5.57B
from 5.36B
Increased by 3.92%
Revenue Next Year
5.54B
from 5.57B
Decreased by -0.66%
EPS This Year
-3.82
from -4.10
EPS Next Year
-2.09
from -3.82
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.0B | 6.2B | 7.1B |
| Avg | 5.6B | 5.5B | 6.1B |
| Low | 5.2B | 5.0B | 5.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 12.3% | 11.1% | 27.5% |
| Avg | 3.9% | -0.7% | 10.0% |
| Low | -3.2% | -10.8% | -1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -2.70 | 0.26 | 0.53 |
| Avg | -3.82 | -2.09 | -0.17 |
| Low | -4.86 | -3.92 | -0.81 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | - | - | - |
| Avg | - | - | - |
| Low | - | - | - |
Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.