$3.28
-0.03-0.91%
At Close: -
$3.27
-0.0097-0.30%
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Spirit Airlines
SAVENYSE
Spirit Airlines (NYSE:SAVE) Stock, Analyst Ratings, Price Targets, Forecasts
Spirit Airlines Inc has a consensus price target of $6.83 based on the ratings of 40 analysis. The 3 most-recent analyst ratings were released by Deutsche Bank, Citigroup, and Susquehanna on July 8, 2024, May 14, 2024, and May 8, 2024, respectively. With an average price target of $2.83 between Deutsche Bank, Citigroup, and Susquehanna, there's an implied -13.36% downside for Spirit Airlines Inc from these most-recent analyst ratings.
Analyst Firms Making Recommendations1
Deutsche Bank
Raymond James
Citigroup
Susquehanna
TD Cowen
1calculated from analyst ratings
Analyst Ratings for Spirit Airlines
| Buy Now | Get Alert | |||||||
|---|---|---|---|---|---|---|---|---|
| 07/08/2024 | Buy Now | -38.84% | 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 | 7.02% | Citigroup | Stephen Trent | $3.85 → $3.5 | Maintains | Sell | Get Alert |
| 05/08/2024 | Buy Now | -8.27% | Susquehanna | Christopher Stathoulopoulos | $4 → $3 | Maintains | Negative | Get Alert |
| 05/07/2024 | Buy Now | -8.27% | TD Cowen | Helane Becker | $4 → $3 | Maintains | Hold | Get Alert |
| 05/07/2024 | Buy Now | -8.27% | Deutsche Bank | Michael Linenberg | $4 → $3 | Maintains | Hold | Get Alert |
| 04/17/2024 | Buy Now | 17.73% | Citigroup | Stephen Trent | $4 → $3.85 | Maintains | Sell | Get Alert |
| 04/16/2024 | Buy Now | 22.31% | TD Cowen | Helane Becker | $5 → $4 | Maintains | Hold | Get Alert |
| 04/09/2024 | Buy Now | 22.31% | Susquehanna | Christopher Stathoulopoulos | $5 → $4 | Maintains | Negative | Get Alert |
| 04/04/2024 | Buy Now | 7.02% | Evercore ISI Group | Duane Pfenningwerth | $18 → $3.5 | Maintains | In-Line | Get Alert |
| 03/27/2024 | Buy Now | 22.31% | Barclays | Brandon Oglenski | → $4 | Reinstates | → Underweight | Get Alert |
| 02/12/2024 | Buy Now | 22.31% | Citigroup | Stephen Trent | $3.95 → $4 | Maintains | Sell | Get Alert |
| 01/18/2024 | Buy Now | 22.31% | Citigroup | Stephen Trent | $13 → $4 | Downgrade | Neutral → Sell | Get Alert |
| 01/17/2024 | Buy Now | 52.89% | 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 | 297.52% | Citigroup | Stephen Trent | $16.5 → $13 | Maintains | Neutral | Get Alert |
| 10/11/2023 | Buy Now | 358.67% | Susquehanna | Christopher Stathoulopoulos | $17 → $15 | Maintains | Neutral | Get Alert |
| 09/25/2023 | Buy Now | 404.54% | Citigroup | Stephen Trent | $16.9 → $16.5 | Maintains | Neutral | Get Alert |
| 09/18/2023 | Buy Now | 511.56% | Evercore ISI Group | Duane Pfenningwerth | $25 → $20 | Maintains | In-Line | Get Alert |
| 08/28/2023 | Buy Now | 664.46% | Evercore ISI Group | Duane Pfenningwerth | $28 → $25 | Maintains | In-Line | Get Alert |
| 08/08/2023 | Buy Now | 419.83% | Susquehanna | Christopher Stathoulopoulos | $20 → $17 | Maintains | Neutral | Get Alert |
| 08/08/2023 | Buy Now | 419.83% | Susquehanna | Christopher Stathoulopoulos | $2 → $6 | Maintains | Neutral | Get Alert |
| 07/12/2023 | Buy Now | 511.56% | Susquehanna | Christopher Stathoulopoulos | $19 → $20 | Maintains | Neutral | Get Alert |
| 07/11/2023 | Buy Now | 496.28% | Citigroup | Stephen Trent | $19 → $19.5 | Maintains | Neutral | Get Alert |
| 05/08/2023 | Buy Now | 205.78% | JP Morgan | Jamie Baker | $28 → $10 | Maintains | Underweight | Get Alert |
| 12/20/2022 | Buy Now | 633.88% | Deutsche Bank | Michael Linenberg | $27 → $24 | Downgrade | Buy → Hold | Get Alert |
| 11/01/2022 | Buy Now | 603.3% | Citigroup | Stephen Trent | $22 → $23 | Maintains | Neutral | Get Alert |
| 09/30/2022 | Buy Now | 572.72% | Citigroup | Stephen Trent | → $22 | Reinstates | → Neutral | Get Alert |
| 07/29/2022 | Buy Now | 786.77% | JP Morgan | Jamie Baker | $30 → $29 | Downgrade | Overweight → Underweight | Get Alert |
| 07/12/2022 | Buy Now | 725.61% | Susquehanna | Christopher Stathoulopoulos | $22 → $27 | Maintains | Neutral | Get Alert |
| 06/27/2022 | Buy Now | 756.19% | Evercore ISI Group | Duane Pfenningwerth | $25 → $28 | Maintains | In-Line | Get Alert |
| 06/10/2022 | Buy Now | 817.35% | 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 | 1061.97% | Barclays | Brandon Oglenski | $46 → $38 | Maintains | Overweight | Get Alert |
| 01/13/2022 | Buy Now | 664.46% | Susquehanna | Christopher Stathoulopoulos | $31 → $25 | Downgrade | Positive → Neutral | Get Alert |
| 01/03/2022 | Buy Now | 664.46% | MKM Partners | Conor Cunningham | → $25 | Downgrade | Buy → Neutral | Get Alert |
| 12/13/2021 | Buy Now | 909.08% | Seaport Global | Daniel Mckenzie | — | Upgrade | Neutral → Buy | Get Alert |
| 12/06/2021 | Buy Now | 756.19% | Evercore ISI Group | Duane Pfennigwerth | — | Upgrade | In-Line → Outperform | Get Alert |
| 10/06/2021 | Buy Now | 756.19% | Goldman Sachs | Catherine O'Brien | — | Maintains | Neutral | Get Alert |
| 10/01/2021 | Buy Now | 939.66% | JP Morgan | Jamie Baker | — | Downgrade | Overweight → Neutral | Get Alert |
FAQ
What is the target price for Spirit Airlines (SAVE) stock?
The latest price target for Spirit Airlines (NYSE:SAVE) was reported by Deutsche Bank on July 8, 2024. The analyst firm set a price target for $2.00 expecting SAVE to fall to within 12 months (a possible -38.84% downside). 24 analyst firms have reported ratings in the last year.
What is the most recent analyst rating for Spirit Airlines (SAVE)?
The latest analyst rating for Spirit Airlines (NYSE:SAVE) was provided by Deutsche Bank, and Spirit Airlines downgraded their sell rating.
When was the last upgrade for Spirit Airlines (SAVE)?
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.
When was the last downgrade for Spirit Airlines (SAVE)?
The last downgrade for Spirit Airlines Inc happened on July 8, 2024 when Deutsche Bank changed their price target from $3 to $2 for Spirit Airlines Inc.
When is the next analyst rating going to be posted or updated for Spirit Airlines (SAVE)?
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 8, 2024 so you should expect the next rating to be made available sometime around July 8, 2025.
Is the Analyst Rating Spirit Airlines (SAVE) correct?
While ratings are subjective and will change, the latest Spirit Airlines (SAVE) rating was a downgraded with a price target of $3.00 to $2.00. The current price Spirit Airlines (SAVE) is trading at is $3.27, which is out of the analyst’s predicted range.
Browse analyst ratings and price targets on all stocks.