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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 $59.42 (represents a -6.63% downside from DAL’s last price of $63.64) 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 $59.42 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 -6.63% downside from DAL's last price of $63.64.

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
Nov 15, 2024Catherine O'BrienGoldman Sachs$83.00$64.8527.99%30.42%
Nov 11, 2024Sheila KahyaogluJefferies$72.00$63.5613.28%13.14%
Oct 11, 2024Achal KumarHSBC$68.30$50.4135.48%7.32%
Oct 08, 2024David VernonBernstein$65.00$49.4731.39%2.14%
Aug 05, 2024Andrew DidoraBank of America Securities$55.00$37.9345.00%-13.58%
Jul 09, 2024Sheila KahyaogluJefferies$56.00$46.9819.19%-12.01%
Jun 25, 2024Duane PfenningwerthEvercore ISI$65.00$48.8133.17%2.14%
May 13, 2024Achal KumarHSBC$72.80$52.9937.38%14.39%
Apr 11, 2024Christopher StathoulopoulosSusquehanna$55.00$46.2418.94%-13.58%
Apr 11, 2024John StaszakArgus Research$55.00$46.2418.94%-13.58%
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The latest Delta Air Lines stock forecast, released on Nov 15, 2024 by Catherine O'Brien from Goldman Sachs, set a price target of $83.00, which represents a 27.99% increase from the stock price at the time of the forecast ($64.85), and a 30.42% increase from DAL last price ($63.64).

Delta Air Lines Price Target by Period

1M3M12M
# Anlaysts2416
Avg Price Target$77.50$72.08$62.94
Last Closing Price$63.64$63.64$63.64
Upside/Downside21.78%13.26%-1.10%

In the current month, the average price target of Delta Air Lines stock is $77.50, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 21.78% increase as opposed to Delta Air Lines's last price of $63.64. This month's average price target is up 7.52% compared to last quarter, and up 23.13% compared to last year.

Analyst Ratings Upgrades/Downgrades

DateCompanyPrevious RatingNew RatingRating Change
Oct 11, 2024HSBCBuyBuyHold
Oct 11, 2024Raymond JamesStrong BuyStrong BuyHold
Oct 11, 2024Cowen & Co.BuyBuyHold
Oct 11, 2024BarclaysOverweightOverweightHold
Oct 09, 2024Deutsche BankBuyBuyHold
Oct 09, 2024CitigroupBuyBuyHold
Oct 09, 2024SusquehannaPositivePositiveHold
Oct 08, 2024BernsteinOutperformOutperformHold
Oct 02, 2024JefferiesBuyBuyHold
Sep 13, 2024Cowen & Co.BuyBuyHold
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Delta Air Lines's last stock rating was published by HSBC on Oct 11, 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
Revenue------------$14.22B-$15.58B$12.76B$13.44B$13.97B$13.82B$9.35B$9.47B$9.15B$7.13B$4.15B$3.97B$3.06B$1.47B$8.59B$11.44B$12.56B
Avg Forecast$15.59B$16.63B$17.31B$13.78B$14.83B$15.70B$16.15B$13.12B$14.11B$14.65B$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$16.07B$17.14B$17.85B$14.21B$15.28B$16.18B$16.64B$13.50B$14.36B$14.71B$15.45B$12.51B$13.99B$15.00B$14.89B$12.35B$12.60B$13.23B$12.73B$9.02B$9.25B$8.64B$6.39B$4.05B$3.77B$3.21B$1.46B$9.46B$11.66B$12.97B
Low Forecast$14.99B$15.99B$16.64B$13.25B$14.25B$15.09B$15.52B$12.78B$13.39B$14.58B$15.45B$12.51B$12.96B$13.99B$13.88B$11.52B$11.75B$12.56B$12.08B$8.57B$8.78B$8.21B$6.07B$3.85B$3.58B$3.05B$1.39B$8.98B$11.08B$12.32B
# Analysts1111111363347563222234561016811711
Surprise %------------1.05%-1.08%1.06%1.10%1.09%1.12%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 $12.51B, and a high forecast of $12.51B. 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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111363347563222234561016811711
EBITDA------------$2.20B-$2.99B$185.00M$1.98B$1.49B$1.56B$-253.00M$337.00M$2.33B$911.00M$-1.41B$-416.00M$-1.01B$-2.32B$-416.00M$1.33B$2.05B
Avg Forecast$-483.23M$-515.49M$-536.57M$-427.25M$-459.55M$-486.56M$-500.43M$-406.77M$-437.41M$-453.96M$-478.82M$-524.21M$-420.04M$-451.14M$-447.56M$-476.55M$193.95M$481.57M$463.23M$-433.23M$336.59M$314.62M$232.74M$-582.64M$137.29M$117.02M$53.18M$-671.31M$424.63M$472.20M
High Forecast$-464.53M$-495.54M$-515.81M$-410.71M$-441.77M$-467.73M$-481.07M$-396.02M$-415.11M$-452.03M$-478.82M$-419.37M$-401.83M$-433.69M$-430.24M$-381.24M$232.73M$495.31M$476.45M$-346.58M$346.19M$323.60M$239.38M$-466.11M$141.20M$120.36M$54.70M$-537.05M$436.74M$485.67M
Low Forecast$-498.16M$-531.42M$-553.15M$-440.45M$-473.76M$-501.59M$-515.90M$-418.42M$-445.03M$-455.88M$-478.82M$-629.05M$-433.77M$-465.09M$-461.39M$-571.86M$155.16M$470.36M$452.45M$-519.87M$328.75M$307.30M$227.33M$-699.17M$134.09M$114.30M$51.95M$-805.58M$414.75M$461.21M
Surprise %-------------5.24%--6.69%-0.39%10.19%3.09%3.38%0.58%1.00%7.42%3.91%2.41%-3.03%-8.67%-43.55%0.62%3.14%4.35%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111363347563222234561016811711
Net Income------------$2.04B-$1.83B$-363.00M$828.00M$695.00M$735.00M$-940.00M$-408.00M$1.21B$652.00M$-1.18B$-755.00M$-5.38B$-5.72B$-534.00M$1.10B$1.50B
Avg Forecast$1.30B$1.42B$2.07B$562.89M$1.14B$1.33B$1.77B$493.87M$1.12B$981.85M$1.54B$-1.17B$753.69M$1.26B$1.55B$-1.07B$-211.58M$992.17M$1.12B$-969.61M$105.62M$98.73M$-892.33M$-1.04B$-1.62B$-1.97B$-2.69B$-678.94M$907.47M$1.46B
High Forecast$1.35B$1.47B$2.15B$585.50M$1.19B$1.38B$1.84B$551.13M$1.16B$1.01B$1.54B$-938.58M$785.90M$1.31B$1.62B$-853.25M$-169.26M$1.03B$1.16B$-775.69M$109.54M$102.39M$-865.34M$-828.73M$-1.57B$-1.91B$-2.61B$-543.15M$941.13M$1.52B
Low Forecast$1.24B$1.35B$1.97B$534.57M$1.09B$1.26B$1.68B$465.24M$1.08B$955.18M$1.54B$-1.41B$695.71M$1.20B$1.48B$-1.28B$-253.89M$962.16M$1.08B$-1.16B$102.43M$95.74M$-925.42M$-1.24B$-1.68B$-2.04B$-2.79B$-814.73M$880.02M$1.42B
Surprise %------------2.70%-1.18%0.34%-3.91%0.70%0.66%0.97%-3.86%12.28%-0.73%1.14%0.47%2.74%2.13%0.79%1.21%1.02%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111363347563222234561016811711
SG&A------------$563.00M-$1.31B$572.00M$779.00M$783.00M$580.00M$312.00M$421.00M$308.00M$222.00M$110.00M$84.00M$94.00M$45.00M$358.00M$875.00M$1.06B
Avg Forecast$734.62M$783.67M$815.71M$649.52M$698.63M$739.68M$760.78M$618.38M$664.96M$690.12M$727.92M$389.41M$638.55M$685.85M$680.40M$354.01M$218.32M$678.16M$652.34M$321.83M$473.99M$443.06M$327.76M$96.81M$193.33M$164.79M$74.90M$455.17M$597.97M$664.96M
High Forecast$757.32M$807.89M$840.92M$669.59M$720.22M$762.54M$784.29M$636.09M$676.56M$693.05M$727.92M$467.29M$659.43M$707.04M$701.42M$424.81M$261.98M$697.51M$670.95M$386.19M$487.51M$455.70M$337.11M$116.18M$198.85M$169.49M$77.03M$546.21M$615.03M$683.94M
Low Forecast$706.19M$753.34M$784.15M$624.38M$671.60M$711.06M$731.34M$602.04M$631.07M$687.19M$727.92M$311.53M$610.87M$659.31M$654.07M$283.21M$174.65M$662.38M$637.16M$257.46M$462.96M$432.75M$320.13M$77.45M$188.83M$160.96M$73.15M$364.14M$584.06M$649.49M
Surprise %------------0.88%-1.92%1.62%3.57%1.15%0.89%0.97%0.89%0.70%0.68%1.14%0.43%0.57%0.60%0.79%1.46%1.59%

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 22Jun 22Mar 22Dec 21Sep 21Jun 21Mar 21Dec 20Sep 20Jun 20Mar 20Dec 19Sep 19
# Analysts1111111363347563222234561016811711
EPS------------$3.19-$2.86$-0.57$1.30$1.09$1.15$-1.48$-0.64$1.90$1.02$-1.85$-1.19$-8.47$-9.00$-0.84$1.71$2.32
Avg Forecast$2.01$2.19$3.20$0.87$1.77$2.05$2.74$0.76$1.74$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$2.09$2.28$3.33$0.90$1.84$2.13$2.85$0.85$1.79$1.56$2.37$0.37$1.21$2.03$2.50$0.31$1.37$1.59$1.79$-1.22$0.17$0.16$-1.34$-3.04$-2.42$-2.95$-4.03$-0.49$1.45$2.35
Low Forecast$1.91$2.08$3.04$0.83$1.68$1.95$2.60$0.72$1.67$1.48$2.37$0.37$1.08$1.86$2.28$0.28$1.26$1.49$1.67$-1.31$0.16$0.15$-1.43$-3.25$-2.59$-3.15$-4.31$-0.52$1.36$2.20
Surprise %------------2.74%-1.19%-1.92%0.98%0.71%0.67%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 $0.37 and a high estimate of $0.37. 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$1.08$17.481518.52%Buy
ULCCFrontier Group$5.47$10.96100.37%Hold
JBLUJetBlue Airways$6.04$9.2553.15%Hold
LUVSouthwest Airlines$31.77$42.3633.33%Hold
AALAmerican Airlines Group$14.46$18.6528.98%Hold
DALDelta Air Lines$63.64$59.42-6.63%Buy
UALUnited Airlines$94.63$74.06-21.74%Buy

DAL Forecast FAQ

Is Delta Air Lines a good buy?

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.

What is DAL's price target?

Delta Air Lines (DAL) average price target is $59.42 with a range of $38 to $85, implying a -6.63% from its last price of $63.64. The data is based on 19 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

Will Delta Air Lines stock go up soon?

According to Wall Street analysts' prediction for DAL stock, the company can go down by -6.63% (from the last price of $63.64 to the average price target of $59.42), up by 33.56% based on the highest stock price target, and down by -40.29% based on the lowest stock price target.

Can Delta Air Lines stock reach $100?

DAL's average twelve months analyst stock price target of $59.42 does not support the claim that Delta Air Lines can reach $100 in the near future.

What is Delta Air Lines's current price target trend?

2 Wall Street analysts forecast a $77.5 price target for Delta Air Lines (DAL) this month, up 21.78% from its last price of $63.64. Compared to the last 3 and 12 months, the average price target increased by 13.26% and decreased by -1.10%, respectively.

What are Delta Air Lines's analysts' financial forecasts?

Delta Air Lines's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $59.79B (high $61.61B, low $57.64B), average EBITDA is $-1.853B (high $-1.787B, low $-1.91B), average net income is $4.74B (high $4.96B, low $4.49B), average SG&A $2.82B (high $2.9B, low $2.72B), and average EPS is $7.32 (high $7.67, low $6.95). DAL's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $63.32B (high $65.27B, low $60.87B), average EBITDA is $-1.963B (high $-1.887B, low $-2.023B), average net income is $5.35B (high $5.57B, low $5.08B), average SG&A $2.98B (high $3.08B, low $2.87B), and average EPS is $8.27 (high $8.6, low $7.85).

Did the DAL's actual financial results beat the analysts' financial forecasts?

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, missing the average prediction of $-1.795B by -385.02%. The company's net income was $4.61B, beating the average estimation of $2.5B by 84.01%. Apple's SG&A was $2.33B, missing the average forecast of $2.36B by -1.05%. 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, missing the average prediction of $-420M by -624.24%. Delta Air Lines's net income was $2.04B, beating the average estimation of $753.69M by 170.27%. The company's SG&A was $563M, missing the average forecast of $638.55M by -11.83%. Lastly, the company's EPS was $3.19, beating the average prediction of $1.16 by 173.84%