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

The latest price target for Spirit Airlines (NYSE: SAVE) was reported by TD Cowen on May 7, 2024. The analyst firm set a price target for $3.00 expecting SAVE to fall to within 12 months (a possible -9.64% downside). 20 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 maintained their hold 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 January 18, 2024 when Citigroup changed their price target from $13 to $4 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 May 7, 2024 so you should expect the next rating to be made available sometime around May 7, 2025.

While ratings are subjective and will change, the latest Spirit Airlines (SAVE) rating was a maintained with a price target of $4.00 to $3.00. The current price Spirit Airlines (SAVE) is trading at is $3.32, which is out of the analyst’s predicted range.