Delta Air Lines (DAL) Stock Forecast, Price Target & Predictions


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DAL Stock Forecast


Delta Air Lines stock forecast is as follows: an average price target of $57.16 (represents a 36.00% upside from DAL’s last price of $42.03) and a rating consensus of 'Buy', based on 19 wall street analysts offering a 1-year stock forecast.

DAL Price Target


The average price target for Delta Air Lines (DAL) is $57.16 based on 1-year price targets from 19 Wall Street analysts in the past 3 months, with a price target range of $85.00 to $38.00. This represents a potential 36.00% upside from DAL's last price of $42.03.

DAL Analyst Ratings


Buy

According to 19 Wall Street analysts, Delta Air Lines's rating consensus is 'Buy'. The analyst rating breakdown for DAL stock is 1 'Strong Buy' (5.26%), 17 'Buy' (89.47%), 1 'Hold' (5.26%), 0 'Sell' (0.00%), and 0 'Strong Sell' (0.00%).

Delta Air Lines Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Aug 05, 2024Andrew DidoraBank of America Securities$55.00$37.9345.00%30.86%
Jul 09, 2024Sheila KahyaogluJefferies$56.00$46.9819.19%33.24%
Jun 25, 2024Duane PfenningwerthEvercore ISI$65.00$48.8133.17%54.65%
May 13, 2024Achal KumarHSBC$72.80$52.9937.38%73.21%
Apr 11, 2024Christopher StathoulopoulosSusquehanna$55.00$46.2418.94%30.86%
Apr 11, 2024John StaszakArgus Research$55.00$46.2418.94%30.86%
Apr 11, 2024Michael LinenbergDeutsche Bank$60.00$46.2429.76%42.76%
Apr 09, 2024Christopher StathoulopoulosSusquehanna$54.00$47.0114.87%28.48%
Apr 02, 2024Sheila KahyaogluJefferies$58.00$48.2220.28%38.00%
Apr 01, 2024Ravi ShankerMorgan Stanley$85.00$47.8777.56%102.24%
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The latest Delta Air Lines stock forecast, released on Aug 05, 2024 by Andrew Didora from Bank of America Securities, set a price target of $55.00, which represents a 45.00% increase from the stock price at the time of the forecast ($37.93), and a 30.86% increase from DAL last price ($42.03).

Delta Air Lines Price Target by Period


1M3M12M
# Anlaysts-314
Avg Price Target-$58.67$60.70
Last Closing Price$42.03$42.03$42.03
Upside/Downside-100.00%39.59%44.42%

In the current month, the average price target of Delta Air Lines stock is -, according to 0 Wall Street analyst offering twelve months forecast. The average price target represents a -100.00% decrease as opposed to Delta Air Lines's last price of $42.03. This month's average price target is down -100.00% compared to last quarter, and down -100.00% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Aug 05, 2024Bank of America SecuritiesBuyBuyHold
Jul 09, 2024SusquehannaPositivePositiveHold
Jul 09, 2024JefferiesBuyBuyHold
Jul 09, 2024CitigroupBuyBuyHold
Jul 09, 2024Morgan StanleyOverweightOverweightHold
Jul 09, 2024Deutsche BankBuyBuyHold
Jun 28, 2024SusquehannaBuyBuyHold
Jun 28, 2024Morgan StanleyUnderperformUnderperformHold
Jun 25, 2024Evercore ISIOutperformOutperformHold
Jun 14, 2024Cowen & Co.BuyBuyHold
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Delta Air Lines's last stock rating was published by Bank of America Securities on Aug 05, 2024. The company gave DAL a "Buy" rating, the same as its previous rate.

Delta Air Lines Financial Forecast


Delta Air Lines Revenue Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$14.22B-$15.58B$12.76B$13.44B$13.97B-$9.35B$9.47B$9.15B$7.13B$4.15B$3.97B$3.06B$1.47B$8.59B$11.44B$12.56B
Avg Forecast$15.63B$16.34B$16.80B$13.89B$14.91B$15.88B$16.27B$13.21B$14.17B$14.69B$15.45B$12.51B$13.55B$14.55B$14.44B$11.98B$12.23B$12.86B$12.37B$8.77B$8.99B$8.40B$6.22B$3.94B$3.67B$3.13B$1.42B$9.20B$11.34B$12.61B
High Forecast$15.98B$16.69B$17.16B$14.20B$15.23B$16.22B$16.63B$13.49B$14.47B$15.19B$15.78B$12.79B$13.99B$14.87B$14.75B$12.24B$12.49B$13.14B$12.37B$9.34B$9.56B$8.94B$6.61B$4.19B$3.90B$3.33B$1.51B$9.79B$12.07B$13.42B
Low Forecast$15.27B$15.95B$16.40B$13.57B$14.56B$15.51B$15.89B$12.89B$13.83B$13.80B$15.08B$12.22B$12.96B$14.21B$14.10B$11.70B$11.94B$12.56B$12.37B$8.49B$8.70B$8.13B$6.02B$3.82B$3.55B$3.03B$1.37B$8.90B$10.98B$12.21B
# Analysts5454434358547563222345771010101066
Surprise %------------1.05%-1.08%1.06%1.10%1.09%-1.07%1.05%1.09%1.15%1.05%1.08%0.98%1.03%0.93%1.01%1.00%

Delta Air Lines's average Quarter revenue forecast for Mar 24 based on 4 analysts is $12.51B, with a low forecast of $12.22B, and a high forecast of $12.79B. DAL's average Quarter revenue forecast represents a -12.01% decrease compared to the company's last Quarter revenue of $14.22B (Dec 23).

Delta Air Lines EBITDA Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358547563222345771010101066
EBITDA------------$2.20B-$2.99B$185.00M$1.98B$1.49B-$-253.00M$337.00M$2.33B$911.00M$-1.41B$-416.00M$-1.01B$-2.32B$-416.00M$1.33B$2.05B
Avg Forecast$585.40M$611.72M$628.87M$520.25M$558.12M$594.55M$609.26M$494.42M$530.39M$550.11M$578.39M$-524.21M$507.39M$544.96M$540.63M$-476.55M$457.76M$2.57B$463.23M$-433.23M$176.31M$2.03B$2.00B$-582.64M$-241.07M$-5.42B$-5.68B$-671.31M$1.64B$1.96B
High Forecast$598.13M$625.02M$642.55M$531.57M$570.26M$607.48M$622.51M$505.17M$541.93M$568.91M$590.97M$-419.37M$523.97M$556.81M$552.39M$-381.24M$467.71M$3.08B$463.23M$-346.58M$211.58M$2.44B$2.41B$-466.11M$-192.86M$-4.34B$-4.54B$-537.05M$1.97B$2.36B
Low Forecast$571.60M$597.30M$614.05M$507.99M$544.97M$580.54M$594.90M$482.77M$517.89M$516.77M$564.76M$-629.05M$485.39M$532.12M$527.89M$-571.86M$446.97M$2.05B$463.23M$-519.87M$141.05M$1.62B$1.60B$-699.17M$-289.29M$-6.51B$-6.82B$-805.58M$1.32B$1.57B
Surprise %------------4.34%-5.54%-0.39%4.32%0.58%-0.58%1.91%1.15%0.45%2.41%1.73%0.19%0.41%0.62%0.81%1.05%

4 analysts predict DAL's average Quarter EBITDA for Mar 24 to be $-524.21M, with a high of $-419.37M and a low of $-629.05M. This is -123.81% lower than Delta Air Lines's previous annual EBITDA (Dec 23) of $2.20B.

Delta Air Lines Net Income Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358547563222345771010101066
Net Income------------$2.04B-$1.83B$-363.00M$828.00M$695.00M-$-940.00M$-408.00M$1.21B$652.00M$-1.18B$-755.00M$-5.38B$-5.72B$-534.00M$1.10B$1.50B
Avg Forecast$1.35B$1.46B$1.84B$693.36M$1.08B$1.38B$1.70B$455.22M$1.02B$984.52M$1.54B$-1.17B$754.86M$1.27B$1.56B$-1.07B$856.58M$1.69B$1.11B$-969.61M$-192.34M$1.33B$809.22M$-1.04B$-745.94M$-4.84B$-5.21B$-678.94M$862.71M$1.46B
High Forecast$1.39B$1.50B$1.89B$712.96M$1.11B$1.41B$1.75B$468.09M$1.05B$1.25B$1.58B$-938.58M$787.11M$1.30B$1.60B$-853.25M$880.79M$2.02B$1.11B$-775.69M$-153.87M$1.60B$971.06M$-828.73M$-596.75M$-3.87B$-4.17B$-543.15M$1.04B$1.75B
Low Forecast$1.31B$1.41B$1.78B$672.11M$1.05B$1.33B$1.65B$441.27M$988.26M$787.62M$1.49B$-1.41B$696.79M$1.23B$1.51B$-1.28B$830.33M$1.35B$1.11B$-1.16B$-230.81M$1.07B$647.38M$-1.24B$-895.13M$-5.81B$-6.25B$-814.73M$690.17M$1.16B
Surprise %------------2.70%-1.17%0.34%0.97%0.41%-0.97%2.12%0.91%0.81%1.14%1.01%1.11%1.10%0.79%1.27%1.03%

Delta Air Lines's average Quarter net income forecast for Mar 24 is $-1.17B, with a range of $-1.41B to $-938.58M. DAL's average Quarter net income forecast represents a -157.60% decrease compared to the company's last Quarter net income of $2.04B (Dec 23).

Delta Air Lines SG&A Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358547563222345771010101066
SG&A------------$563.00M-$1.31B$572.00M$779.00M$783.00M-$312.00M$421.00M$308.00M$222.00M$110.00M$84.00M$94.00M$45.00M$358.00M$875.00M$1.06B
Avg Forecast$824.38M$861.45M$885.60M$732.64M$785.97M$837.27M$857.98M$696.26M$746.92M$774.69M$814.51M$389.41M$714.52M$767.44M$761.34M$354.01M$644.63M$428.58M$652.34M$321.83M$198.47M$338.80M$275.53M$96.81M$82.99M$84.60M$41.02M$455.17M$687.50M$1.03B
High Forecast$842.31M$880.18M$904.86M$748.57M$803.06M$855.48M$876.64M$711.40M$763.16M$801.16M$832.23M$467.29M$737.88M$784.13M$777.90M$424.81M$658.65M$514.30M$652.34M$386.19M$238.17M$406.56M$330.64M$116.18M$99.59M$101.52M$49.22M$546.21M$825.00M$1.23B
Low Forecast$804.95M$841.14M$864.72M$715.37M$767.44M$817.54M$837.76M$679.85M$729.31M$727.74M$795.32M$311.53M$683.54M$749.35M$743.39M$283.21M$629.44M$342.87M$652.34M$257.46M$158.78M$271.04M$220.43M$77.45M$66.39M$67.68M$32.82M$364.14M$550.00M$822.37M
Surprise %------------0.79%-1.72%1.62%1.21%1.83%-0.97%2.12%0.91%0.81%1.14%1.01%1.11%1.10%0.79%1.27%1.03%

Delta Air Lines's average Quarter SG&A projection for Mar 24 is $389.41M, based on 4 Wall Street analysts, with a range of $311.53M to $467.29M. The forecast indicates a -30.83% fall compared to DAL last annual SG&A of $563.00M (Dec 23).

Delta Air Lines EPS Forecast

Dec 26Sep 26Jun 26Mar 26Dec 25Sep 25Jun 25Mar 25Dec 24Sep 24Jun 24Mar 24Dec 23Sep 23Jun 23Mar 23Dec 22Sep 22Jul 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts5454434358547563222345771010101066
EPS------------$3.19-$2.86$-0.57$1.30$1.09-$-1.48$-0.64$1.90$1.02$-1.85$-1.19$-8.47$-9.00$-0.84$1.71$2.32
Avg Forecast$2.09$2.25$2.84$1.07$1.67$2.12$2.63$0.70$1.57$1.52$2.37$0.37$1.16$1.95$2.40$0.30$1.32$1.53$1.73$-1.26$0.16$0.15$-1.38$-3.13$-2.50$-3.04$-4.16$-0.51$1.40$2.26
High Forecast$2.15$2.31$2.92$1.10$1.72$2.18$2.70$0.72$1.62$1.93$2.44$0.38$1.21$2.01$2.47$0.31$1.36$1.58$1.73$-1.21$0.18$0.17$-1.32$-3.00$-2.40$-2.91$-3.98$-0.48$1.52$2.45
Low Forecast$2.03$2.18$2.75$1.04$1.62$2.06$2.54$0.68$1.53$1.22$2.30$0.36$1.08$1.89$2.33$0.29$1.28$1.49$1.73$-1.37$0.16$0.15$-1.49$-3.39$-2.71$-3.29$-4.50$-0.55$1.34$2.17
Surprise %------------2.74%-1.19%-1.92%0.98%0.71%-1.17%-3.92%12.45%-0.74%0.59%0.48%2.79%2.17%1.66%1.22%1.02%

According to 4 Wall Street analysts, Delta Air Lines's projected average Quarter EPS for Mar 24 is $0.37, with a low estimate of $0.36 and a high estimate of $0.38. This represents a -88.39% decrease compared to DAL previous annual EPS of $3.19 (Dec 23).

Delta Air Lines Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SAVESpirit Airlines$2.51$17.48596.41%Buy
ULCCFrontier Group$3.74$11.07195.99%Hold
AALAmerican Airlines Group$10.80$19.7983.24%Hold
JBLUJetBlue Airways$5.30$9.4578.30%Hold
LUVSouthwest Airlines$29.70$43.0644.98%Hold
DALDelta Air Lines$42.03$57.1636.00%Buy
UALUnited Airlines$46.01$61.1232.84%Buy

DAL Forecast FAQ


Yes, according to 19 Wall Street analysts, Delta Air Lines (DAL) is considered a 'Buy'. The rating consensus is based on 1 'Strong Buy' and 17 'Buy' recommendations, accounting for 94.74% of DAL's total ratings.

Delta Air Lines (DAL) average price target is $57.16 with a range of $38 to $85, implying a 36.00% from its last price of $42.03. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for DAL stock, the company can go up by 36.00% (from the last price of $42.03 to the average price target of $57.16), up by 102.24% based on the highest stock price target, and down by -9.59% based on the lowest stock price target.

DAL's highest twelve months analyst stock price target of $85 supports the claim that Delta Air Lines can reach $60 in the near future.

Delta Air Lines's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $60.26B (high $61.57B, low $58.84B), average EBITDA is $2.26B (high $2.31B, low $2.2B), average net income is $4.62B (high $4.75B, low $4.48B), average SG&A $3.18B (high $3.25B, low $3.1B), and average EPS is $7.12 (high $7.33, low $6.91). DAL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $62.66B (high $64.03B, low $61.19B), average EBITDA is $2.35B (high $2.4B, low $2.29B), average net income is $5.35B (high $5.5B, low $5.18B), average SG&A $3.3B (high $3.38B, low $3.23B), and average EPS is $8.25 (high $8.48, low $8).

Based on Delta Air Lines's last annual report (Dec 2023), the company's revenue was $58.05B, beating the average analysts forecast of $54.53B by 6.46%. Apple's EBITDA was $5.12B, beating the average prediction of $1.12B by 358.34%. The company's net income was $4.61B, beating the average estimation of $2.51B by 83.60%. Apple's SG&A was $2.33B, missing the average forecast of $2.6B by -10.14%. Lastly, the company's EPS was $7.21, beating the average prediction of $5.82 by 23.94%. In terms of the last quarterly report (Dec 2023), Delta Air Lines's revenue was $14.22B, beating the average analysts' forecast of $13.55B by 4.96%. The company's EBITDA was $2.2B, beating the average prediction of $507.39M by 333.99%. Delta Air Lines's net income was $2.04B, beating the average estimation of $754.86M by 169.85%. The company's SG&A was $563M, missing the average forecast of $714.52M by -21.21%. Lastly, the company's EPS was $3.19, beating the average prediction of $1.16 by 173.84%