SPIRIT AIRLINES INC (SAVE) Forecast, Price Target & Analyst Ratings
NYSE:SAVE • US8485771021
1.08 USD
-0.24 (-18.18%)
At close: Nov 15, 2024
1.02 USD
-0.06 (-5.56%)
Pre-Market: 11/18/2024, 8:00:47 AM
View the latest analyst price targets, stock forecast, EPS estimates, revenue projections, revisions, full estimates, rating distribution and upgrades/downgrades for SPIRIT AIRLINES INC (SAVE).
Forecast Snapshot
Consensus Price Target
$2.30
+ 112.50% Upside
Next Earnings Forecast
Release DateFeb 5, 2025
PeriodQ3 / 2024
EPS Estimate-$2.31
Revenue Estimate1.184B
ChartMill Buy Consensus
44.44%
Weighted Analyst Rating Score
Price Target Details & History
Consensus Price Target and Range
Mean target
$2.30
Upside
+ 112.50%
From current price of $1.08 to mean target of $2.30, Based on 18 analyst forecasts
Low
$2.02
Median
$2.04
High
$3.15
Price Target Revisions
1 Month
-3.08%
3 Months
-11.27%
Price Target Summary
18 Wall Street analysts provided a forecast for the next 12 months for SAVE. The average price target is 2.3 USD. This implies a price increase of 112.5% is expected in the next year compared to the current price of 1.08.
The average price target has been revised downward by 11.27% in the past 3 months.
Analyst Ratings & History
Current Analyst Ratings
Analyst Ratings History
Analyst Ratings Consensus
ChartMill Buy Consensus
44.44%
SAVE was analyzed by 18 analysts. The buy percentage consensus is at 44. So analysts seem to be rather negative about SAVE.
In the previous month the buy percentage consensus was at a similar level.
SAVE was analyzed by 18 analysts, which should be a sufficient number of analysts to have a meaningful average consensus rating.
Recent Upgrades & Downgrades
| Date | Firm | Action | From → To |
|---|---|---|---|
| 2024-11-14 | Barclays | Maintains | Underweight -> Underweight |
| 2024-11-13 | TD Cowen | Maintains | Sell -> Sell |
| 2024-10-09 | Susquehanna | Maintains | Negative -> Negative |
| 2024-08-16 | Susquehanna | Maintains | Negative -> Negative |
| 2024-07-23 | Citigroup | Maintains | Sell -> Sell |
| 2024-07-17 | TD Cowen | Downgrade | Hold -> Sell |
| 2024-07-17 | B of A Securities | Maintains | Underperform -> Underperform |
| 2024-07-16 | Susquehanna | Maintains | Negative -> Negative |
| 2024-07-10 | Barclays | Maintains | Underweight -> Underweight |
| 2024-07-08 | Deutsche Bank | Downgrade | Hold -> Sell |
| 2024-07-05 | Raymond James | Downgrade | Market Perform -> Underperform |
| 2024-05-14 | Citigroup | Maintains | Sell -> Sell |
| 2024-05-08 | Susquehanna | Maintains | Negative -> Negative |
| 2024-05-07 | TD Cowen | Maintains | Hold -> Hold |
| 2024-05-07 | Deutsche Bank | Maintains | Hold -> Hold |
| 2024-04-17 | Citigroup | Maintains | Sell -> Sell |
| 2024-04-16 | TD Cowen | Maintains | Hold -> Hold |
| 2024-04-09 | Susquehanna | Maintains | Negative -> Negative |
| 2024-04-04 | Evercore ISI Group | Maintains | In-Line -> In-Line |
| 2024-03-27 | Barclays | Reiterate | Underweight |
| 2024-02-12 | Citigroup | Maintains | Sell -> Sell |
| 2024-01-18 | Citigroup | Downgrade | Neutral -> Sell |
| 2024-01-17 | Seaport Global | Downgrade | Buy -> Neutral |
| 2024-01-17 | Susquehanna | Downgrade | Neutral -> Negative |
| 2023-11-01 | Citigroup | Maintains | Neutral -> Neutral |
Next Earnings Forecast Details
Next Earnings Details
Release DateFeb 5, 2025
PeriodQ3 / 2024
EPS Estimate-$2.31
Revenue Estimate1.184B
Revenue Q2Q-5.92%
EPS Q2Q-68.66%
Number of Analysts11
Next Earnings Revisions
Revenue (1 Month)
-1.00%
Revenue (3 Months)
-1.74%
EPS (1 Month)
-1.51%
EPS (3 Months)
0.87%
Next Earnings Summary
SAVE is expected to report earnings on 2/5/2025. The consensus EPS estimate for the next earnings is -2.31 USD and the consensus revenue estimate is 1.18B USD.
The next earnings revenue estimate has been revised downward by 1.74% in the past 3 months.
Full Analyst Estimates
Yearly Earnings Per Share (EPS), Revenue, EBIT, EBITDA and Operating Margin Analyst Estimates
| 2021 | 2022 | 2023 | 2024 | 2025 | 2026 | ||
|---|---|---|---|---|---|---|---|
| Revenue YoY % growth | 3.231B 78.50% | 5.068B 56.88% | 5.363B 5.80% | 4.937B -7.94% | 4.852B -1.72% | 5.225B 7.69% | |
| EBITDA YoY % growth | -134.1M 74.68% | 181M 234.97% | -71.382M -139.44% | -466.399M -553.38% | -67.645M 85.50% | 18.215M 126.93% | |
| EBIT YoY % growth | -431.3M 46.64% | -132.1M 69.37% | -392.254M -196.94% | -772.214M -96.87% | -390.036M 49.49% | -46.556M 88.06% | |
| Operating Margin | -13.35% | -2.61% | -7.31% | -15.64% | -8.04% | -0.89% | |
| EPS YoY % growth | -4.15 50.48% | -1.75 57.83% | -3.26 -86.29% | -6.85 -110.25% | -4.33 36.82% | -2.09 51.71% |
All data in USD
Quarterly Earnings Per Share (EPS), Revenue, EBIT and EBITDA Analyst Estimates
| Q3 / 24 | Q4 / 24 | Q1 / 25 | Q2 / 25 | Q3 / 25 | Q4 / 25 | Q1 / 26 | Q2 / 26 | Q3 / 26 | Q4 / 26 | |
|---|---|---|---|---|---|---|---|---|---|---|
| EPS Q2Q % growth | -2.31 -68.66% | -0.47 65.52% | -1.03 29.44% | -0.43 69.90% | -0.10 95.81% | -0.07 85.86% | -0.67 34.65% | -0.28 36.47% | 0.58 700.00% | 0.26 484.62% |
| Revenue Q2Q % growth | 1.184B -5.92% | 1.452B 9.85% | 1.274B 0.67% | 1.31B 2.27% | 1.316B 11.15% | 1.291B -11.09% | 1.317B 3.38% | 1.432B 9.31% | 1.546B 17.48% | 1.473B 14.10% |
| EBITDA Q2Q % growth | -207.717M -431.82% | 29.216M -81.46% | -29.437M 68.27% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
| EBIT Q2Q % growth | -287.829M -61.07% | -38.848M 76.21% | -112.404M 35.44% | N/A | N/A | N/A | N/A | N/A | N/A | N/A |
All data in USD
Yearly Earnings Per Share (EPS) and Revenue Trends vs Historical Data
Long Term Forward Growth Forecast Summary
Long Term EPS Growth (CAGR)
EPS Next 3 Year
10.75%
EPS Next 5 Year
N/A
Long Term Revenue Growth (CAGR)
Revenue Next 3 Year
-1.49%
Revenue Next 5 Year
N/A
Long Term EBIT Growth (CAGR)
EBIT Next 3 Year
26.91%
EBIT Next 5 Year
N/A
SPIRIT AIRLINES INC / SAVE Forecast FAQ
What is the average price target for SPIRIT AIRLINES INC (SAVE) stock?
18 analysts have analysed SAVE and the average price target is 2.3 USD. This implies a price increase of 112.5% is expected in the next year compared to the current price of 1.08.
What is the next earnings date for SAVE stock?
SPIRIT AIRLINES INC (SAVE) will report earnings on 2025-02-05, after the market close.
Can you provide the consensus estimates for SPIRIT AIRLINES INC next earnings?
The consensus EPS estimate for the next earnings of SPIRIT AIRLINES INC (SAVE) is -2.31 USD and the consensus revenue estimate is 1.18B USD.
What is the expected long term growth rate for SAVE stock?
The expected long term growth rate for SPIRIT AIRLINES INC (SAVE) is -1.49%.