Spirit stock forecast the spirit stock forecast took a

The spirit stock forecast took a positive turn after recent partnerships aimed at increasing international routes, which could diversify revenue streams and hedge against domestic market saturation. But with shares lagging both their long-term average and analyst targets, does Pernod Ricard present a value opportunity right now? Or is the market simply reflecting uncertainty around its future earnings? Sign up for free newsletters and get more CNBC delivered to your inbox Analysts tracking spirit stock forecast suggest watching forward PE ratios, which currently hover around 12.3x, slightly below industry average, indicating possible undervaluation.