$2.44
0.81% yesterday
NYSE, Sep 27, 10:16 pm CET
ISIN
US8485771021
Symbol
SAVE
Industry

Spirit Airlines, Inc. Target price 2024 - Analyst rating & recommendation

Spirit Airlines, Inc. Classifications & Recommendation:

Hold
25%
Sell
75%

Spirit Airlines, Inc. Price Target

Target Price $2.43
Price $2.44
Deviation
Number of Estimates 7
7 Analysts have issued a price target Spirit Airlines, Inc. 2025 . The average Spirit Airlines, Inc. target price is $2.43. This is lower than the current stock price. The highest price target is , the lowest is .
A rating was issued by 12 analysts: 0 Analysts recommend Spirit Airlines, Inc. to buy, 3 to hold and 9 to sell.
Analysts don't have a crystal ball either, but they do represent the opinion of the market quite well. You should not take the price potential and the ratings as a recommendation to act. Rather, they serve as an additional building block for your own opinion or stock analysis.
Analyst Estimates: Analysts believe that the Spirit Airlines, Inc. stock has an average upside potential 2025 of . Most analysts recommend the Spirit Airlines, Inc. stock at Sale.

Sales and Margin forecast 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Revenue Billion $ 5.36 4.97
5.80% 7.40%
EBITDA Margin -1.33% -6.87%
137.28% 416.12%
Net Margin -8.37% -15.39%
24.02% 83.79%

9 Analysts have issued a sales forecast Spirit Airlines, Inc. 2024 . The average Spirit Airlines, Inc. sales estimate is

$5.0b
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. This is
3.14% lower
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than the revenue of the last 12 months(TTM). The highest sales forecast is
$5.1b 0.15%
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, the lowest is
$4.9b 4.99%
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.

This results in the following potential growth metrics:

Revenue Estimates

2023 $5.4b 5.80%
2024
$5.0b 7.40%
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2025
$5.0b 0.70%
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2026
$5.6b 11.54%
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5 Analysts have issued an Spirit Airlines, Inc. EBITDA forecast 2024. The average Spirit Airlines, Inc. EBITDA estimate is

$-341m
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. This is
3.86% higher
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than the EBITDA of the last 12 months(TTM). The highest EBITDA forecast is
$100m 128.18%
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, the lowest is
$-629m 77.28%
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.

This results in the following potential growth metrics and future EBITDA Margins:

EBITDA Estimates

2023 $-71.4m 139.44%
2024
$-341m 377.85%
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2025
$7.1m 102.07%
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2026
$90.7m 1,183.43%
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EBITDA Margin

2023 -1.33% 137.28%
2024
-6.87% 416.12%
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2025
0.14% 102.04%
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2026
1.63% 1,064.29%
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6 Spirit Airlines, Inc. Analysts have issued a net profit forecast 2024. The average Spirit Airlines, Inc. net profit estimate is

$-764m
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. This is
12.76% lower
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than the net profit for the last 12 months(TTM). The highest net profit forecast is
$-635m 6.30%
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, the lowest is
$-895m 31.99%
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.

This results in the following potential growth metrics and future Net Margins:

Net Profit Estimates

2023 $-449m 19.61%
2024
$-764m 70.24%
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2025
$-466m 38.99%
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2026
$-122m 73.78%
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Net Margin

2023 -8.37% 24.02%
2024
-15.39% 83.79%
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2025
-9.33% 39.38%
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2026
-2.19% 76.53%
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Earnings per share, P/E ratio and EV/sales Estimates 2024, 2025 & 2026

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Quarter Annually
Dec '23 2024
Estimates
Earnings Per Share $ -4.10 -6.98
19.61% 70.24%
P/E negative
EV/Sales 1.35

6 Analysts have issued a Spirit Airlines, Inc. forecast for earnings per share. The average Spirit Airlines, Inc. <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS is

$-6.98
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. This is
12.76% lower
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than earnings per share in the financial year 2023. The highest <a href=https://blog.stocksguide.com/knowledge/eps-simply-explained>EPS forecast is
$-5.80 6.30%
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, the lowest is
$-8.17 31.99%
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.

This results in the following potential growth metrics and future valuations:

Earnings Per Share

2023 $-4.10 19.61%
2024
$-6.98 70.24%
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2025
$-4.26 38.97%
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2026
$-1.12 73.71%
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P/E ratio

Current -0.39 90.87%
2024
-0.35 10.26%
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2025
-0.57 62.86%
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2026
-2.19 284.21%
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Based on analysts' sales estimates for 2024, the Spirit Airlines, Inc. stock is valued at an <a href=https://blog.stocksguide.com/knowledge/enterprise-value-sales-simply-explained>EV/Sales of

and an <a href=https://blog.stocksguide.com/knowledge/price-sales-ratio-simply-explained>P/S ratio of .

This results in the following potential growth metrics and future valuations:

EV/Sales

Current 1.31 7.38%
2024
1.35 3.18%
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2025
1.34 0.69%
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2026
1.20 10.34%
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P/S ratio

Current 0.05 83.75%
2024
0.05 3.26%
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2025
0.05 0.74%
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2026
0.05 10.30%
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