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Spirit Airlines

SAVENYSE
$2.81
0.020.72%
At Close: -
$2.82
0.01000.36%
After Hours: 6:19 PM EDT
15 minutes delayed
Consensus Rating1
Sell
Highest Price Target1
$28.00
Lowest Price Target1
$2.00
Consensus Price Target1
$8.22

Spirit Airlines (NYSE:SAVE) Stock, Analyst Ratings, Price Targets, Forecasts

Spirit Airlines Inc has a consensus price target of $8.22 based on the ratings of 13 analysts. The high is $28 issued by Goldman Sachs on October 6, 2021. The low is $2 issued by TD Cowen on July 17, 2024. The 3 most-recent analyst ratings were released by TD Cowen, B of A Securities, and Susquehanna on July 17, 2024, July 17, 2024, and July 16, 2024, respectively. With an average price target of $2.42 between TD Cowen, B of A Securities, and Susquehanna, there's an implied -14.00% downside for Spirit Airlines Inc from these most-recent analyst ratings.

Analyst Trends and Forecast
1
Feb
1
Mar
1
Apr
1
May
5
Jul
Buy
Hold
Sell
Strong Sell
Analyst Rating and Forecast
12345
1.7
Sell
Strong Buy
Buy
Hold
Sell
Strong Sell

Analyst Firms Making Recommendations1

TD Cowen
B of A Securities
Susquehanna
Barclays
Deutsche Bank

1calculated from analyst ratings

Analyst Ratings for Spirit Airlines

Buy NowGet Alert
07/17/2024Buy Now-28.83%TD Cowen
Helane Becker
→ $2DowngradeHold → SellGet Alert
07/17/2024Buy Now-2.14%B of A Securities
Andrew Didora
$3.25 → $2.75MaintainsUnderperformGet Alert
07/16/2024Buy Now-11.03%Susquehanna
Christopher Stathoulopoulos
$3 → $2.5MaintainsNegativeGet Alert
07/10/2024Buy Now6.76%Barclays
Brandon Oglenski
$4 → $3MaintainsUnderweightGet Alert
07/08/2024Buy Now-28.83%Deutsche Bank
Michael Linenberg
$3 → $2DowngradeHold → SellGet Alert
07/05/2024Buy Now—Raymond James
Savanthi Syth
—DowngradeMarket Perform → UnderperformGet Alert
05/14/2024Buy Now24.56%Citigroup
Stephen Trent
$3.85 → $3.5MaintainsSellGet Alert
05/08/2024Buy Now6.76%Susquehanna
Christopher Stathoulopoulos
$4 → $3MaintainsNegativeGet Alert
05/07/2024Buy Now6.76%TD Cowen
Helane Becker
$4 → $3MaintainsHoldGet Alert
05/07/2024Buy Now6.76%Deutsche Bank
Michael Linenberg
$4 → $3MaintainsHoldGet Alert
04/17/2024Buy Now37.01%Citigroup
Stephen Trent
$4 → $3.85MaintainsSellGet Alert
04/16/2024Buy Now42.35%TD Cowen
Helane Becker
$5 → $4MaintainsHoldGet Alert
04/09/2024Buy Now42.35%Susquehanna
Christopher Stathoulopoulos
$5 → $4MaintainsNegativeGet Alert
04/04/2024Buy Now24.56%Evercore ISI Group
Duane Pfenningwerth
$18 → $3.5MaintainsIn-LineGet Alert
03/27/2024Buy Now42.35%Barclays
Brandon Oglenski
→ $4Reinstates → UnderweightGet Alert
02/12/2024Buy Now42.35%Citigroup
Stephen Trent
$3.95 → $4MaintainsSellGet Alert
01/18/2024Buy Now42.35%Citigroup
Stephen Trent
$13 → $4DowngradeNeutral → SellGet Alert
01/17/2024Buy Now77.94%Susquehanna
Christopher Stathoulopoulos
$15 → $5DowngradeNeutral → NegativeGet Alert
01/17/2024Buy Now—Seaport Global
Daniel Mckenzie
—DowngradeBuy → NeutralGet Alert
11/01/2023Buy Now362.63%Citigroup
Stephen Trent
$16.5 → $13MaintainsNeutralGet Alert
10/11/2023Buy Now433.81%Susquehanna
Christopher Stathoulopoulos
$17 → $15MaintainsNeutralGet Alert
09/25/2023Buy Now487.19%Citigroup
Stephen Trent
$16.9 → $16.5MaintainsNeutralGet Alert
09/18/2023Buy Now611.74%Evercore ISI Group
Duane Pfenningwerth
$25 → $20MaintainsIn-LineGet Alert
08/28/2023Buy Now789.68%Evercore ISI Group
Duane Pfenningwerth
$28 → $25MaintainsIn-LineGet Alert
08/08/2023Buy Now504.98%Susquehanna
Christopher Stathoulopoulos
$20 → $17MaintainsNeutralGet Alert
08/08/2023Buy Now504.98%Susquehanna
Christopher Stathoulopoulos
$2 → $6MaintainsNeutralGet Alert
07/12/2023Buy Now611.74%Susquehanna
Christopher Stathoulopoulos
$19 → $20MaintainsNeutralGet Alert
07/11/2023Buy Now593.95%Citigroup
Stephen Trent
$19 → $19.5MaintainsNeutralGet Alert
05/08/2023Buy Now255.87%JP Morgan
Jamie Baker
$28 → $10MaintainsUnderweightGet Alert
12/20/2022Buy Now754.09%Deutsche Bank
Michael Linenberg
$27 → $24DowngradeBuy → HoldGet Alert
11/01/2022Buy Now718.51%Citigroup
Stephen Trent
$22 → $23MaintainsNeutralGet Alert
09/30/2022Buy Now682.92%Citigroup
Stephen Trent
→ $22Reinstates → NeutralGet Alert
07/29/2022Buy Now932.03%JP Morgan
Jamie Baker
$30 → $29DowngradeOverweight → UnderweightGet Alert
07/12/2022Buy Now860.85%Susquehanna
Christopher Stathoulopoulos
$22 → $27MaintainsNeutralGet Alert
06/27/2022Buy Now896.44%Evercore ISI Group
Duane Pfenningwerth
$25 → $28MaintainsIn-LineGet Alert
06/10/2022Buy Now967.62%JP Morgan
Jamie Baker
$24 → $30UpgradeNeutral → OverweightGet Alert
04/06/2022Buy Now—Evercore ISI Group
Duane Pfennigwerth
—DowngradeOutperform → In-LineGet Alert
01/14/2022Buy Now1252.31%Barclays
Brandon Oglenski
$46 → $38MaintainsOverweightGet Alert
01/13/2022Buy Now789.68%Susquehanna
Christopher Stathoulopoulos
$31 → $25DowngradePositive → NeutralGet Alert
01/03/2022Buy Now789.68%MKM Partners
Conor Cunningham
→ $25DowngradeBuy → NeutralGet Alert
12/13/2021Buy Now1074.38%Seaport Global
Daniel Mckenzie
—UpgradeNeutral → BuyGet Alert
12/06/2021Buy Now896.44%Evercore ISI Group
Duane Pfennigwerth
—UpgradeIn-Line → OutperformGet Alert
10/06/2021Buy Now896.44%Goldman Sachs
Catherine O'Brien
—MaintainsNeutralGet Alert
10/01/2021Buy Now1109.96%JP Morgan
Jamie Baker
—DowngradeOverweight → NeutralGet Alert

FAQ

Q

What is the target price for Spirit Airlines (SAVE) stock?

A

The latest price target for Spirit Airlines (NYSE:SAVE) was reported by TD Cowen on July 17, 2024. The analyst firm set a price target for $2.00 expecting SAVE to fall to within 12 months (a possible -29.08% downside). 26 analyst firms have reported ratings in the last year.

Q

What is the most recent analyst rating for Spirit Airlines (SAVE)?

A

The latest analyst rating for Spirit Airlines (NYSE:SAVE) was provided by TD Cowen, and Spirit Airlines downgraded their sell rating.

Q

When was the last upgrade for Spirit Airlines (SAVE)?

A

The last upgrade for Spirit Airlines Inc happened on June 10, 2022 when JP Morgan raised their price target to $30. JP Morgan previously had a neutral for Spirit Airlines Inc.

Q

When was the last downgrade for Spirit Airlines (SAVE)?

A

The last downgrade for Spirit Airlines Inc happened on July 17, 2024 when TD Cowen changed their price target from N/A to $2 for Spirit Airlines Inc.

Q

When is the next analyst rating going to be posted or updated for Spirit Airlines (SAVE)?

A

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Spirit Airlines, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Spirit Airlines was filed on July 17, 2024 so you should expect the next rating to be made available sometime around July 17, 2025.

Q

Is the Analyst Rating Spirit Airlines (SAVE) correct?

A

While ratings are subjective and will change, the latest Spirit Airlines (SAVE) rating was a downgraded with a price target of $0.00 to $2.00. The current price Spirit Airlines (SAVE) is trading at is $2.82, which is out of the analyst’s predicted range.

Browse analyst ratings and price targets on all stocks.

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