Spirit Airlines, Inc. (SAVE)
NYSE: SAVE · IEX Real-Time Price · USD
4.040
+0.010 (0.25%)
At close: Apr 19, 2024, 4:00 PM
4.080
+0.040 (0.99%)
After-hours: Apr 19, 2024, 7:59 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 4.89, with a low estimate of 3.50 and a high estimate of 10. The average target predicts an increase of 21.04% from the current stock price of 4.04.
Analyst Consensus: Sell
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 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Buy | 0 | 0 | 0 | 0 | 0 | 0 |
| Hold | 4 | 4 | 2 | 2 | 2 | 3 |
| Sell | 1 | 1 | 2 | 2 | 3 | 3 |
| Strong Sell | 0 | 0 | 1 | 1 | 1 | 1 |
| Total | 5 | 5 | 5 | 5 | 6 | 7 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Strong Sell Maintains $4 → $3.85 | Strong Sell | Maintains | $4 → $3.85 | -4.70% | Apr 17, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $5 → $4 | Hold | Maintains | $5 → $4 | -0.99% | Apr 16, 2024 |
| Susquehanna | Susquehanna | Sell Maintains $5 → $4 | Sell | Maintains | $5 → $4 | -0.99% | Apr 9, 2024 |
| Evercore ISI Group | Evercore ISI Group | Hold Maintains $18 → $3.5 | Hold | Maintains | $18 → $3.5 | -13.37% | Apr 4, 2024 |
| Barclays | Barclays | Sell Initiates $4 | Sell | Initiates | $4 | -0.99% | Mar 27, 2024 |
Financial Forecast
Revenue This Year
5.80B
from 5.36B
Increased by 8.16%
Revenue Next Year
6.19B
from 5.80B
Increased by 6.69%
EPS This Year
-2.68
from -4.10
EPS Next Year
-1.50
from -2.68
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 6.2B | 6.6B | 7.3B |
| Avg | 5.8B | 6.2B | 6.4B |
| Low | 5.4B | 5.3B | 5.1B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | 15.3% | 14.6% | 18.2% |
| Avg | 8.2% | 6.7% | 3.9% |
| Low | 0.7% | -9.1% | -17.8% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 |
|---|---|---|---|
| High | -1.45 | 0.53 | - |
| Avg | -2.68 | -1.50 | -0.65 |
| Low | -3.97 | -3.28 | -1.13 |
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.