Southwest Airlines (LUV) Stock Forecast, Price Target & Predictions


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LUV Stock Forecast


Southwest Airlines stock forecast is as follows: an average price target of $43.08 (represents a 40.74% upside from LUV’s last price of $30.61) and a rating consensus of 'Hold', based on 22 wall street analysts offering a 1-year stock forecast.

LUV Price Target


The average price target for Southwest Airlines (LUV) is $43.08 based on 1-year price targets from 22 Wall Street analysts in the past 3 months, with a price target range of $72.00 to $24.00. This represents a potential 40.74% upside from LUV's last price of $30.61.

LUV Analyst Ratings


Hold

According to 22 Wall Street analysts, Southwest Airlines's rating consensus is 'Hold'. The analyst rating breakdown for LUV stock is 0 'Strong Buy' (0.00%), 9 'Buy' (40.91%), 12 'Hold' (54.55%), 1 'Sell' (4.55%), and 0 'Strong Sell' (0.00%).

Southwest Airlines Price Target by Analyst


DateAnalystCompanyPrice TargetPrice when PublishedPrice Target/Price when PublishedPrice Target/Last Closing Price
Oct 09, 2024Christopher StathoulopoulosSusquehanna$30.00$30.67-2.18%-1.99%
Oct 09, 2024Sheila KahyaogluJefferies$32.00$30.644.44%4.54%
Oct 03, 2024Stephen TrentCitigroup$31.50$29.576.53%2.91%
Oct 02, 2024Sheila KahyaogluJefferies$24.00$29.88-19.68%-21.59%
Sep 25, 2024Brandon OlgenskiBarclays$27.00$29.75-9.24%-11.79%
Sep 10, 2024Stephen TrentCitigroup$28.25$28.60-1.21%-7.71%
Sep 03, 2024Duane PfenningwerthEvercore ISI$35.00$28.9221.02%14.34%
Aug 05, 2024David VernonBernstein$24.00$23.701.27%-21.59%
Jul 26, 2024Michael LinenbergDeutsche Bank$29.00$28.083.28%-5.26%
Jul 08, 2024Michael LinenbergDeutsche Bank$32.00$26.9418.78%4.54%
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The latest Southwest Airlines stock forecast, released on Oct 09, 2024 by Christopher Stathoulopoulos from Susquehanna, set a price target of $30.00, which represents a -2.18% decrease from the stock price at the time of the forecast ($30.67), and a -1.99% decrease from LUV last price ($30.61).

Southwest Airlines Price Target by Period


1M3M12M
# Anlaysts2819
Avg Price Target$31.00$28.97$30.67
Last Closing Price$30.61$30.61$30.61
Upside/Downside1.27%-5.36%0.20%

In the current month, the average price target of Southwest Airlines stock is $31.00, according to 2 Wall Street analysts offering twelve months forecast. The average price target represents a 1.27% increase as opposed to Southwest Airlines's last price of $30.61. This month's average price target is up 7.01% compared to last quarter, and up 1.08% compared to last year.

Analyst Ratings Upgrades/Downgrades


DateCompanyPrevious RatingNew RatingRating Change
Oct 15, 2024BarclaysEqual-WeightEqual-WeightHold
Oct 09, 2024SusquehannaNeutralNeutralHold
Oct 09, 2024JefferiesUnderperformHoldUpgrade
Oct 03, 2024CitigroupNeutralNeutralHold
Oct 02, 2024JefferiesUnderperformUnderperformHold
Sep 30, 2024Seaport GlobalBuyBuyHold
Sep 25, 2024BernsteinMarket PerformMarket PerformHold
Sep 19, 2024Cowen & Co.HoldHoldHold
Sep 10, 2024CitigroupNeutralNeutralHold
Sep 03, 2024Keefe, Bruyette & WoodsOutperformOutperformHold
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Southwest Airlines's last stock rating was published by Barclays on Oct 15, 2024. The company gave LUV a "Equal-Weight" rating, the same as its previous rate.

Southwest Airlines Financial Forecast


Southwest Airlines 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------------$6.82B-$7.04B$5.71B$6.17B$6.22B$6.73B$4.69B$5.05B$4.68B$4.01B$2.05B$2.01B$1.79B$1.01B$4.23B$5.73B$5.64B
Avg Forecast$7.50B$7.62B$8.26B$6.82B$7.26B$7.26B$7.76B$6.54B$6.86B$6.77B$7.32B$6.42B$6.75B$6.56B$6.98B$5.73B$6.22B$6.22B$6.69B$4.67B$5.01B$4.58B$3.94B$2.07B$2.10B$1.70B$947.86M$4.58B$5.72B$5.64B
High Forecast$7.56B$7.67B$8.31B$6.87B$7.31B$7.31B$7.81B$6.60B$6.89B$6.87B$7.32B$6.42B$6.80B$6.64B$7.03B$5.77B$6.27B$6.22B$6.69B$4.67B$5.01B$4.58B$3.94B$2.07B$2.10B$1.70B$947.86M$4.58B$5.72B$5.64B
Low Forecast$7.44B$7.55B$8.18B$6.76B$7.20B$7.20B$7.69B$6.49B$6.80B$6.67B$7.32B$6.42B$6.69B$6.50B$6.92B$5.68B$6.17B$6.22B$6.69B$4.67B$5.01B$4.58B$3.94B$2.07B$2.10B$1.70B$947.86M$4.58B$5.72B$5.64B
# Analysts44443335843471366555111211109933322
Surprise %------------1.01%-1.01%1.00%0.99%1.00%1.01%1.01%1.01%1.02%1.02%0.99%0.96%1.05%1.06%0.93%1.00%1.00%

Southwest Airlines's average Quarter revenue forecast for Mar 24 based on 4 analysts is $6.42B, with a low forecast of $6.42B, and a high forecast of $6.42B. LUV's average Quarter revenue forecast represents a -5.90% decrease compared to the company's last Quarter revenue of $6.82B (Dec 23).

Southwest Airlines 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
# Analysts44443335843471366555111211109933322
EBITDA------------$210.00M-$1.31B$220.00M$142.00M$839.00M$1.44B$32.00M$515.00M$1.03B$925.00M$561.00M$-914.00M$-1.13B$-837.00M$190.00M$998.00M$1.15B
Avg Forecast$423.33M$429.76M$465.64M$384.69M$409.61M$409.62M$437.60M$369.17M$386.73M$382.02M$413.02M$36.14M$380.49M$370.30M$393.53M$32.85M$623.15M$350.72M$377.09M$29.87M$282.62M$258.53M$222.16M$600.42M$118.26M$95.94M$53.47M$279.44M$322.90M$318.14M
High Forecast$426.31M$432.78M$468.91M$387.40M$412.48M$412.50M$440.68M$372.54M$388.42M$387.63M$413.02M$43.37M$383.31M$374.60M$396.29M$39.42M$747.78M$350.72M$377.09M$35.84M$282.62M$258.53M$222.16M$720.51M$118.26M$95.94M$53.47M$335.33M$322.90M$318.14M
Low Forecast$419.64M$426.01M$461.57M$381.33M$406.03M$406.04M$433.78M$366.36M$383.35M$376.40M$413.02M$28.91M$377.10M$366.70M$390.09M$26.28M$498.52M$350.72M$377.09M$23.89M$282.62M$258.53M$222.16M$480.34M$118.26M$95.94M$53.47M$223.55M$322.90M$318.14M
Surprise %------------0.55%-3.34%6.70%0.23%2.39%3.83%1.07%1.82%3.98%4.16%0.93%-7.73%-11.75%-15.65%0.68%3.09%3.61%

4 analysts predict LUV's average Quarter EBITDA for Mar 24 to be $36.14M, with a high of $43.37M and a low of $28.91M. This is -82.79% lower than Southwest Airlines's previous annual EBITDA (Dec 23) of $210.00M.

Southwest Airlines 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
# Analysts44443335843471366555111211109933322
Net Income------------$-252.00M-$683.00M$-159.00M$-220.00M$277.00M$760.00M$-278.00M$68.00M$446.00M$348.00M$116.00M$-908.00M$-1.16B$-915.00M$-94.00M$513.00M$659.00M
Avg Forecast$276.49M$308.64M$784.46M$-128.60K$281.08M$225.14M$573.37M$-29.49M$230.50M$30.64M$331.88M$-313.95M$80.03M$243.14M$702.99M$-285.41M$82.28M$266.44M$752.80M$-259.47M$45.88M$-175.67M$-143.94M$124.15M$-1.08B$-1.51B$-1.75B$-138.25M$702.77M$693.15M
High Forecast$279.02M$311.46M$791.62M$-127.14K$283.65M$227.20M$578.60M$29.49M$382.15M$30.92M$331.92M$-251.16M$145.50M$300.73M$734.82M$-228.33M$98.74M$266.44M$757.99M$-207.57M$45.88M$-175.67M$-143.94M$148.98M$-1.08B$-1.51B$-1.75B$-110.60M$702.77M$693.15M
Low Forecast$273.35M$305.14M$775.55M$-129.77K$277.89M$222.58M$566.86M$-147.43M$103.12M$30.30M$331.83M$-376.75M$-21.83M$127.97M$671.16M$-342.50M$65.82M$266.44M$747.61M$-311.36M$45.88M$-175.67M$-143.94M$99.32M$-1.08B$-1.51B$-1.75B$-165.90M$702.77M$693.15M
Surprise %-------------3.15%-0.97%0.56%-2.67%1.04%1.01%1.07%1.48%-2.54%-2.42%0.93%0.84%0.77%0.52%0.68%0.73%0.95%

Southwest Airlines's average Quarter net income forecast for Sep 23 is $243.14M, with a range of $127.97M to $300.73M. LUV's average Quarter net income forecast represents a -64.40% decrease compared to the company's last Quarter net income of $683.00M (Jun 23).

Southwest Airlines 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
# Analysts44443335843471366555111211109933322
SG&A------------------------------
Avg Forecast$1.21B$1.23B$1.34B$1.10B$1.17B$1.17B$1.26B$1.06B$1.11B$1.10B$1.18B$1.04B$1.09B$1.06B$1.13B$926.39M$1.01B$1.01B$1.08B$755.39M$810.54M$741.46M$637.15M$334.79M$339.17M$275.14M$153.34M$740.35M$926.08M$912.42M
High Forecast$1.22B$1.24B$1.34B$1.11B$1.18B$1.18B$1.26B$1.07B$1.11B$1.11B$1.18B$1.04B$1.10B$1.07B$1.14B$932.90M$1.01B$1.01B$1.08B$755.39M$810.54M$741.46M$637.15M$334.79M$339.17M$275.14M$153.34M$740.35M$926.08M$912.42M
Low Forecast$1.20B$1.22B$1.32B$1.09B$1.16B$1.16B$1.24B$1.05B$1.10B$1.08B$1.18B$1.04B$1.08B$1.05B$1.12B$918.30M$997.95M$1.01B$1.08B$755.39M$810.54M$741.46M$637.15M$334.79M$339.17M$275.14M$153.34M$740.35M$926.08M$912.42M
Surprise %------------------------------

Southwest Airlines's average Quarter SG&A projection for undefined is $NaN, based on undefined Wall Street analysts, with a range of $NaN to $NaN. The forecast indicates a NaN% fall compared to LUV last annual SG&A of $NaN (undefined).

Southwest Airlines 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
# Analysts44443335843471366555111211109933322
EPS------------$-0.42-$1.15$-0.27$-0.37$0.47$1.29$-0.47$0.11$0.75$0.59$0.20$-1.54$-1.96$-1.63$-0.18$0.98$1.24
Avg Forecast$0.43$0.48$1.22$-0.00$0.44$0.35$0.89$-0.05$0.36$0.05$0.52$-0.34$0.12$0.38$1.09$-0.23$-0.07$0.41$1.17$-0.30$0.07$-0.27$-0.22$-1.85$-1.68$-2.35$-2.72$-0.29$1.09$1.08
High Forecast$0.43$0.48$1.23$-0.00$0.44$0.35$0.90$0.05$0.59$0.05$0.52$-0.33$0.23$0.47$1.14$-0.23$-0.07$0.41$1.18$-0.30$0.07$-0.27$-0.22$-1.85$-1.68$-2.35$-2.72$-0.29$1.09$1.08
Low Forecast$0.43$0.47$1.21$-0.00$0.43$0.35$0.88$-0.23$0.16$0.05$0.52$-0.34$-0.03$0.20$1.04$-0.23$-0.07$0.41$1.16$-0.30$0.07$-0.27$-0.22$-1.85$-1.68$-2.35$-2.72$-0.29$1.09$1.08
Surprise %-------------3.37%-1.05%1.16%5.30%1.13%1.10%1.54%1.54%-2.75%-2.64%-0.11%0.91%0.83%0.60%0.61%0.90%1.15%

According to 13 Wall Street analysts, Southwest Airlines's projected average Quarter EPS for Sep 23 is $0.38, with a low estimate of $0.20 and a high estimate of $0.47. This represents a -67.12% decrease compared to LUV previous annual EPS of $1.15 (Jun 23).

Southwest Airlines Peer Comparison by Price Target


TickerCompanyLast Closing PriceAvg Price TargetUpside/DownsideAvg Rating
SAVESpirit Airlines$2.47$17.48607.69%Buy
ULCCFrontier Group$5.97$10.9683.58%Hold
JBLUJetBlue Airways$5.77$9.6366.90%Hold
LUVSouthwest Airlines$30.61$43.0840.74%Hold
AALAmerican Airlines Group$13.54$18.9139.66%Hold
DALDelta Air Lines$58.39$56.85-2.64%Buy
UALUnited Airlines$80.46$71.06-11.68%Buy

LUV Forecast FAQ


No, according to 22 Wall Street analysts, Southwest Airlines (LUV) is considered a 'Hold'. The rating consensus is based on 0 'Strong Buy' and 9 'Buy' recommendations, accounting for 40.91% of LUV's total ratings.

Southwest Airlines (LUV) average price target is $43.08 with a range of $24 to $72, implying a 40.74% from its last price of $30.61. The data is based on 22 Wall Street analysts who provided a twelve-month price target estimate in the last three months.

According to Wall Street analysts' prediction for LUV stock, the company can go up by 40.74% (from the last price of $30.61 to the average price target of $43.08), up by 135.22% based on the highest stock price target, and down by -21.59% based on the lowest stock price target.

LUV's highest twelve months analyst stock price target of $72 supports the claim that Southwest Airlines can reach $50 in the near future.

2 Wall Street analysts forecast a $31 price target for Southwest Airlines (LUV) this month, up 1.27% from its last price of $30.61. Compared to the last 3 and 12 months, the average price target decreased by -5.36% and increased by 0.20%, respectively.

Southwest Airlines's analysts financial forecasts for the fiscal year (Dec 2025) are as follows: average revenue is $28.83B (high $29.04B, low $28.58B), average EBITDA is $1.63B (high $1.64B, low $1.61B), average net income is $1.05B (high $1.12B, low $919.9M), average SG&A $4.66B (high $4.7B, low $4.62B), and average EPS is $1.63 (high $1.74, low $1.43). LUV's analysts financial forecasts for the fiscal year (Dec 2026) are as follows: average revenue is $30.2B (high $30.41B, low $29.94B), average EBITDA is $1.7B (high $1.72B, low $1.69B), average net income is $1.37B (high $1.38B, low $1.35B), average SG&A $4.89B (high $4.92B, low $4.84B), and average EPS is $2.13 (high $2.15, low $2.11).

Based on Southwest Airlines's last annual report (Dec 2023), the company's revenue was $26.09B, beating the average analysts forecast of $26.01B by 0.30%. Apple's EBITDA was $2.41B, beating the average prediction of $1.18B by 105.07%. The company's net income was $465M, missing the average estimation of $740.75M by -37.23%. Apple's SG&A was $0, missing the average forecast of $4.21B by -100.00%. Lastly, the company's EPS was $0.78, missing the average prediction of $1.36 by -42.81%. In terms of the last quarterly report (Dec 2023), Southwest Airlines's revenue was $6.82B, beating the average analysts' forecast of $6.75B by 1.15%. The company's EBITDA was $210M, missing the average prediction of $380.49M by -44.81%. Southwest Airlines's net income was $-252M, missing the average estimation of $80.03M by -414.89%. The company's SG&A was $0, missing the average forecast of $1.09B by -100.00%. Lastly, the company's EPS was $-0.42, missing the average prediction of $0.124 by -437.46%