Delta Air Lines (DAL) Stock Forecast, Price & News

16 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 1 hold rating, 14 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street research analysts is that investors should "buy" DAL shares.
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16 Wall Street analysts have issued 1-year price targets for Delta Air Lines' stock. Their DAL share price forecasts range from $35.00 to $70.00. On average, they expect the company's stock price to reach $49.38 in the next twelve months. This suggests a possible upside of 25.7% from the stock's current price.
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Delta Air Lines' stock was trading at $32.86 at the start of the year. Since then, DAL stock has increased by 19.6% and is now trading at $39.2850.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, July 12th 2023.
View our DAL earnings forecast.

Delta Air Lines, Inc. (NYSE:DAL) released its earnings results on Thursday, April, 13th. The transportation company reported $0.25 earnings per share (EPS) for the quarter, missing analysts' consensus estimates of $0.29 by $0.04. The transportation company earned $12.76 billion during the quarter, compared to the consensus estimate of $12.25 billion. Delta Air Lines had a net margin of 3.51% and a trailing twelve-month return on equity of 56.49%. The company's quarterly revenue was up 36.5% on a year-over-year basis. During the same period last year, the company posted ($1.23) earnings per share.
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ETFs with the largest weight of Delta Air Lines (NYSE:DAL) stock in their portfolio include U.S. Global Jets ETF (JETS), Optimize AI Smart Sentiment Event-Driven ETF (OAIE), Defiance Hotel, Airline, and Cruise ETF (CRUZ), iShares U.S. Transportation ETF (IYT), First Trust Nasdaq Transportation ETF (FTXR), Direxion Daily Transportation Bull 3X Shares (TPOR), ALPS Global Travel Beneficiaries ETF (JRNY) and Direxion Daily Travel & Vacation Bull 2X Shares (OOTO).

Delta Air Lines updated its FY 2023 earnings guidance on Monday, April, 17th. The company provided earnings per share guidance of $5.00-$6.00 for the period, compared to the consensus estimate of $5.39. The company issued revenue guidance of $52.45 billion-$54.73 billion, compared to the consensus revenue estimate of $53.74 billion.

1,256 employees have rated Delta Air Lines Chief Executive Officer Ed Bastian on Glassdoor.com. Ed Bastian has an approval rating of 95% among the company's employees. This puts Ed Bastian in the top 30% of approval ratings compared to other CEOs of publicly-traded companies.

Based on aggregate information from My MarketBeat watchlists, some companies that other Delta Air Lines investors own include Boeing (BA), Walt Disney (DIS), Bank of America (BAC), NVIDIA (NVDA), Southwest Airlines (LUV), American Airlines Group (AAL), Tesla (TSLA), AT&T (T), JPMorgan Chase & Co. (JPM) and Micron Technology (MU).

Delta Air Lines trades on the New York Stock Exchange (NYSE) under the ticker symbol "DAL."

Delta Air Lines' stock is owned by many different retail and institutional investors. Top institutional shareholders include State Street Corp (3.37%), FMR LLC (2.30%), Geode Capital Management LLC (2.05%), Renaissance Technologies LLC (0.99%), GMT Capital Corp (0.97%) and Gallagher Fiduciary Advisors LLC (0.91%). Insiders that own company stock include David S Taylor, Edward H Bastian, Francis S Blake, Glen W Hauenstein, Greg Creed, Joanne D Smith, Michael P Huerta, Paul A Jacobson, Rahul D Samant, Steven M Sear and William C Carroll.
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Shares of DAL stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of DAL stock can currently be purchased for approximately $39.29.

Delta Air Lines (NYSE:DAL) has a market capitalization of $25.25 billion and generates $50.58 billion in revenue each year. The transportation company earns $1.32 billion in net income (profit) each year or $2.95 on an earnings per share basis.

The company employs 95,000 workers across the globe.

Delta Air Lines' mailing address is 1030 DELTA BOULEVARD, ATLANTA GA, 30320. The official website for the company is www.delta.com. The transportation company can be reached via phone at (404) 715-2600, via email at investorrelations@delta.com, or via fax at 404-715-5042.