WallStreetZenWallStreetZen

NYSE: SAVE
Spirit Airlines Inc Stock Forecast, Predictions & Price Target

OverviewForecast
EarningsDividendOwnership

Analyst price target for SAVE

Based on 2 analysts offering 12 month price targets for Spirit Airlines Inc.
Min Forecast
$10.00-32.43%
Avg Forecast
$17.00+14.86%
Max Forecast
$24.00+62.16%

Should I buy or sell SAVE stock?

Based on 2 analysts offering ratings for Spirit Airlines Inc.
Sell
Strong Buy
0 analysts 0%
Buy
0 analysts 0%
Hold
1 analysts 50%
Sell
0 analysts 0%
Strong Sell
1 analysts 50%

Be the first to know when Wall Street analysts revise their SAVE stock forecasts and price targets.

SAVE stock forecasts by analyst

Analyst / FirmRatingActionPrice TargetUpside/DownsideDateAnalyst Color
JP Morgan
Top 27%
74
Strong SellMaintains$10.00-32.43%2023-05-08
Deutsche Bank
Top 8%
93
HoldDowngrades$24.00+62.16%2022-12-20

1 of 1

Forecast return on equity

Is SAVE forecast to generate an efficient return?
Company
15.6%
Industry
58.9%
Market
13.12%
SAVE's Return on Equity is... subscribe to Premium to read more.
Forecast High Return on Equity Forecast

Forecast return on assets

Is SAVE forecast to generate an efficient return on assets?
Company
2.46%
Industry
12.46%
SAVE is forecast to generate... subscribe to Premium to read more.
Forecast Return on Assets vs Industry Forecast

SAVE revenue growth forecast

How is SAVE forecast to perform vs Airlines companies and vs the US market?
Company
7.97%
Industry
35.97%
Market
17.3%
SAVE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Industry Forecast
SAVE's revenues are forecast to... subscribe to Premium to read more.
Forecast Revenue Growth vs Market Forecast

SAVE vs Airline Stocks

TickerPricePrice TargetUp/downsideConsensus
SAVE$14.80$17.00+14.86%Sell
VLRS$13.75$19.90+44.73%Strong Buy
ULCC$8.20$15.75+92.07%Buy
ALGT$99.86$100.25+0.39%Hold
SKYW$30.38$18.00-40.75%Strong Sell
View Top Airline Stocks

Spirit Airlines Stock Forecast FAQ

Is Spirit Airlines Stock a good buy in 2023, according to Wall Street analysts?

The consensus among 2 Wall Street analysts covering (NYSE: SAVE) stock is to Sell SAVE stock.

Out of 2 analysts, 0 (0%) are recommending SAVE as a Strong Buy, 0 (0%) are recommending SAVE as a Buy, 1 (50%) are recommending SAVE as a Hold, 0 (0%) are recommending SAVE as a Sell, and 1 (50%) are recommending SAVE as a Strong Sell.

If you're new to stock investing, here's how to buy Spirit Airlines stock.

What is SAVE's forecast return on equity (ROE) for 2023-2024?

(NYSE: SAVE) forecast ROE is 15.6%, which is considered weak.

What is SAVE's Price Target?

According to 2 Wall Street analysts that have issued a 1 year SAVE price target, the average SAVE price target is $17.00, with the highest SAVE stock price forecast at $24.00 and the lowest SAVE stock price forecast at $10.00.

On average, Wall Street analysts predict that Spirit Airlines's share price could reach $17.00 by May 8, 2024. The average Spirit Airlines stock price prediction forecasts a potential upside of 14.86% from the current SAVE share price of $14.80.

What is SAVE's forecast return on assets (ROA) for 2023-2024?

(NYSE: SAVE) forecast ROA is 2.46%, which is lower than the forecast US Airlines industry average of 12.46%.
©2023 WallStreetZen
Company
AboutBlogStock Investing FAQPlansPrivacy PolicyTerms of ServiceCancellation & RefundsHelp GuidesContactTwitterYouTube
Stock Tools
Top Performing AnalystsStock ScreenerStock ForecastTrending StocksStrong Buy StocksHighest Earnings StocksBest Dividend Paying StocksStatisticsStock Market SectorsStock Market IndustriesHow to Buy Stocks Online
Stock Ideas
Buy The DipBiggest Stock Gainers TodayBiggest Stock Losers Today52 Week High Stocks52 Week Low StocksMost Active Stocks TodayMost Undervalued StocksBest Penny Stocks to Buy NowBest Stocks Under $5Best Stocks Under $10
WallStreetZen does not provide financial advice and does not issue recommendations or offers to buy stock or sell any security.

Information is provided 'as-is' and solely for informational purposes and is not advice. WallStreetZen does not bear any responsibility for any losses or damage that may occur as a result of reliance on this data.