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.
1calculated from analyst ratings
Buy Now | Get Alert | |||||||
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07/17/2024 | Buy Now | -28.83% | TD Cowen | Helane Becker | → $2 | Downgrade | Hold → Sell | Get Alert |
07/17/2024 | Buy Now | -2.14% | B of A Securities | Andrew Didora | $3.25 → $2.75 | Maintains | Underperform | Get Alert |
07/16/2024 | Buy Now | -11.03% | Susquehanna | Christopher Stathoulopoulos | $3 → $2.5 | Maintains | Negative | Get Alert |
07/10/2024 | Buy Now | 6.76% | Barclays | Brandon Oglenski | $4 → $3 | Maintains | Underweight | Get Alert |
07/08/2024 | Buy Now | -28.83% | Deutsche Bank | Michael Linenberg | $3 → $2 | Downgrade | Hold → Sell | Get Alert |
07/05/2024 | Buy Now | — | Raymond James | Savanthi Syth | — | Downgrade | Market Perform → Underperform | Get Alert |
05/14/2024 | Buy Now | 24.56% | Citigroup | Stephen Trent | $3.85 → $3.5 | Maintains | Sell | Get Alert |
05/08/2024 | Buy Now | 6.76% | Susquehanna | Christopher Stathoulopoulos | $4 → $3 | Maintains | Negative | Get Alert |
05/07/2024 | Buy Now | 6.76% | TD Cowen | Helane Becker | $4 → $3 | Maintains | Hold | Get Alert |
05/07/2024 | Buy Now | 6.76% | Deutsche Bank | Michael Linenberg | $4 → $3 | Maintains | Hold | Get Alert |
04/17/2024 | Buy Now | 37.01% | Citigroup | Stephen Trent | $4 → $3.85 | Maintains | Sell | Get Alert |
04/16/2024 | Buy Now | 42.35% | TD Cowen | Helane Becker | $5 → $4 | Maintains | Hold | Get Alert |
04/09/2024 | Buy Now | 42.35% | Susquehanna | Christopher Stathoulopoulos | $5 → $4 | Maintains | Negative | Get Alert |
04/04/2024 | Buy Now | 24.56% | Evercore ISI Group | Duane Pfenningwerth | $18 → $3.5 | Maintains | In-Line | Get Alert |
03/27/2024 | Buy Now | 42.35% | Barclays | Brandon Oglenski | → $4 | Reinstates | → Underweight | Get Alert |
02/12/2024 | Buy Now | 42.35% | Citigroup | Stephen Trent | $3.95 → $4 | Maintains | Sell | Get Alert |
01/18/2024 | Buy Now | 42.35% | Citigroup | Stephen Trent | $13 → $4 | Downgrade | Neutral → Sell | Get Alert |
01/17/2024 | Buy Now | 77.94% | Susquehanna | Christopher Stathoulopoulos | $15 → $5 | Downgrade | Neutral → Negative | Get Alert |
01/17/2024 | Buy Now | — | Seaport Global | Daniel Mckenzie | — | Downgrade | Buy → Neutral | Get Alert |
11/01/2023 | Buy Now | 362.63% | Citigroup | Stephen Trent | $16.5 → $13 | Maintains | Neutral | Get Alert |
10/11/2023 | Buy Now | 433.81% | Susquehanna | Christopher Stathoulopoulos | $17 → $15 | Maintains | Neutral | Get Alert |
09/25/2023 | Buy Now | 487.19% | Citigroup | Stephen Trent | $16.9 → $16.5 | Maintains | Neutral | Get Alert |
09/18/2023 | Buy Now | 611.74% | Evercore ISI Group | Duane Pfenningwerth | $25 → $20 | Maintains | In-Line | Get Alert |
08/28/2023 | Buy Now | 789.68% | Evercore ISI Group | Duane Pfenningwerth | $28 → $25 | Maintains | In-Line | Get Alert |
08/08/2023 | Buy Now | 504.98% | Susquehanna | Christopher Stathoulopoulos | $20 → $17 | Maintains | Neutral | Get Alert |
08/08/2023 | Buy Now | 504.98% | Susquehanna | Christopher Stathoulopoulos | $2 → $6 | Maintains | Neutral | Get Alert |
07/12/2023 | Buy Now | 611.74% | Susquehanna | Christopher Stathoulopoulos | $19 → $20 | Maintains | Neutral | Get Alert |
07/11/2023 | Buy Now | 593.95% | Citigroup | Stephen Trent | $19 → $19.5 | Maintains | Neutral | Get Alert |
05/08/2023 | Buy Now | 255.87% | JP Morgan | Jamie Baker | $28 → $10 | Maintains | Underweight | Get Alert |
12/20/2022 | Buy Now | 754.09% | Deutsche Bank | Michael Linenberg | $27 → $24 | Downgrade | Buy → Hold | Get Alert |
11/01/2022 | Buy Now | 718.51% | Citigroup | Stephen Trent | $22 → $23 | Maintains | Neutral | Get Alert |
09/30/2022 | Buy Now | 682.92% | Citigroup | Stephen Trent | → $22 | Reinstates | → Neutral | Get Alert |
07/29/2022 | Buy Now | 932.03% | JP Morgan | Jamie Baker | $30 → $29 | Downgrade | Overweight → Underweight | Get Alert |
07/12/2022 | Buy Now | 860.85% | Susquehanna | Christopher Stathoulopoulos | $22 → $27 | Maintains | Neutral | Get Alert |
06/27/2022 | Buy Now | 896.44% | Evercore ISI Group | Duane Pfenningwerth | $25 → $28 | Maintains | In-Line | Get Alert |
06/10/2022 | Buy Now | 967.62% | JP Morgan | Jamie Baker | $24 → $30 | Upgrade | Neutral → Overweight | Get Alert |
04/06/2022 | Buy Now | — | Evercore ISI Group | Duane Pfennigwerth | — | Downgrade | Outperform → In-Line | Get Alert |
01/14/2022 | Buy Now | 1252.31% | Barclays | Brandon Oglenski | $46 → $38 | Maintains | Overweight | Get Alert |
01/13/2022 | Buy Now | 789.68% | Susquehanna | Christopher Stathoulopoulos | $31 → $25 | Downgrade | Positive → Neutral | Get Alert |
01/03/2022 | Buy Now | 789.68% | MKM Partners | Conor Cunningham | → $25 | Downgrade | Buy → Neutral | Get Alert |
12/13/2021 | Buy Now | 1074.38% | Seaport Global | Daniel Mckenzie | — | Upgrade | Neutral → Buy | Get Alert |
12/06/2021 | Buy Now | 896.44% | Evercore ISI Group | Duane Pfennigwerth | — | Upgrade | In-Line → Outperform | Get Alert |
10/06/2021 | Buy Now | 896.44% | Goldman Sachs | Catherine O'Brien | — | Maintains | Neutral | Get Alert |
10/01/2021 | Buy Now | 1109.96% | JP Morgan | Jamie Baker | — | Downgrade | Overweight → Neutral | Get Alert |
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.
The latest analyst rating for Spirit Airlines (NYSE:SAVE) was provided by TD Cowen, and Spirit Airlines downgraded their sell rating.
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.
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.
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.
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.
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