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

The latest price target for Spirit Airlines (NYSE: SAVE) was reported by JP Morgan on July 29, 2022. The analyst firm set a price target for $29.00 expecting SAVE to rise to within 12 months (a possible 18.37% upside). 12 analyst firms have reported ratings in the last year.

The latest analyst rating for Spirit Airlines (NYSE: SAVE) was provided by JP Morgan, and Spirit Airlines downgraded their underweight rating.

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 29, 2022 so you should expect the next rating to be made available sometime around July 29, 2023.

While ratings are subjective and will change, the latest Spirit Airlines (SAVE) rating was a downgraded with a price target of $30.00 to $29.00. The current price Spirit Airlines (SAVE) is trading at is $24.50, which is out of the analyst’s predicted range.