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Delta Air Lines (DAL) Stock Forecast & Price Target

$45.44
+0.52 (+1.16%)
(As of 07/19/2024 ET)

Delta Air Lines - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 12 Wall Street analysts who have issued ratings for Delta Air Lines in the last 12 months, the stock has a consensus rating of "Buy." Out of the 12 analysts, 11 have given a buy rating, and 1 has given a strong buy rating for DAL.

Consensus Price Target

$60.70
33.58% Upside
High Forecast$85.00
Average Forecast$60.70
Low Forecast$50.00

According to the 12 analysts' twelve-month price targets for Delta Air Lines, the average price target is $60.70. The highest price target for DAL is $85.00, while the lowest price target for DAL is $50.00. The average price target represents a forecasted upside of 33.58% from the current price of $45.44.

TypeCurrent Forecast
7/21/23 to 7/20/24
1 Month Ago
6/21/23 to 6/20/24
3 Months Ago
4/22/23 to 4/21/24
1 Year Ago
7/21/22 to 7/21/23
Consensus Rating
Buy
Buy
Buy
Buy
Strong Buy
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
1 Strong Buy rating(s)
Buy
11 Buy rating(s)
11 Buy rating(s)
10 Buy rating(s)
12 Buy rating(s)
Hold
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price Target$60.70$59.85$58.29$56.88
Forecasted Upside33.58% Upside37.97% Upside39.70% Upside42.13% Upside
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DAL Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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DAL Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Delta Air Lines Stock vs. The Competition

TypeDelta Air LinesTransportation CompaniesS&P 500
Consensus Rating Score
3.08
2.53
2.51
Consensus RatingBuyModerate BuyModerate Buy
Predicted Upside33.58% Upside33.67% Upside10.04% Upside
News Sentiment RatingNeutral News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2024TD Cowen
4 of 5 stars
 Lower TargetBuy ➝ Buy$61.00 ➝ $59.00+28.21%
7/12/2024Sanford C. Bernstein
3 of 5 stars
 Lower TargetOutperform ➝ Outperform$66.00 ➝ $62.00+37.69%
6/28/2024Jefferies Financial Group
2 of 5 stars
 Lower TargetBuy ➝ Buy$58.00 ➝ $56.00+16.98%
5/29/2024Citigroup
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 Boost TargetBuy ➝ Buy$55.00 ➝ $65.00+32.38%
5/13/2024HSBC
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 Initiated CoverageBuy$72.80+38.40%
4/11/2024Morgan Stanley
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 Reiterated RatingOverweight ➝ Overweight$85.00+80.74%
4/11/2024Deutsche Bank Aktiengesellschaft
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 Boost TargetBuy ➝ Buy$50.00 ➝ $60.00+29.76%
4/11/2024Bank of America
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 Boost TargetBuy ➝ Buy$53.00 ➝ $55.00+18.94%
4/9/2024Susquehanna
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 Boost TargetPositive ➝ Positive$47.00 ➝ $54.00+14.82%
3/20/2024UBS Group
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 Initiated CoverageBuy$59.00+34.89%
10/13/2023JPMorgan Chase & Co.
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 Lower TargetOverweight ➝ Overweight$71.00 ➝ $68.00+93.62%
10/5/2023Raymond James
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 Lower TargetStrong-Buy ➝ Strong-Buy$58.00 ➝ $54.00+49.75%
10/5/2023Barclays
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 Lower Target$58.00 ➝ $50.00+38.66%
9/14/2023The Goldman Sachs Group
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 Lower Target$51.00 ➝ $50.00+27.13%
7/14/2023Evercore ISI
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 Boost TargetOutperform$55.00 ➝ $60.00+29.23%
7/14/2023Wolfe Research
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 Boost Target$51.00 ➝ $54.00+13.18%
6/28/202322nd Century Group
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 Reiterated RatingMaintains
2/8/2023Redburn Partners
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 UpgradeNeutral ➝ Buy$55.00+38.92%
1/5/2023Argus
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 UpgradeHold ➝ Buy$39.00+13.41%
10/14/2022Cowen
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 UpgradeMarket Perform ➝ Outperform$54.00+77.75%
8/15/2022Melius
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 Initiated CoverageBuy
7/20/2022Berenberg Bank
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 Lower Target$54.00 ➝ $48.50+48.77%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 12:47 AM ET.

DAL Forecast - Frequently Asked Questions

What is Delta Air Lines' forecast for 2024?

According to the research reports of 12 Wall Street equities research analysts, the average twelve-month stock price forecast for Delta Air Lines is $60.70, with a high forecast of $85.00 and a low forecast of $50.00.

Should I buy or sell Delta Air Lines stock right now?

12 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 11 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street equities research analysts is that investors should "buy" DAL shares.

Does Delta Air Lines's stock price have much upside?

According to analysts, Delta Air Lines's stock has a predicted upside of 36.10% based on their 12-month stock forecasts.

What analysts cover Delta Air Lines?

Delta Air Lines has been rated by research analysts at Citigroup, HSBC, Jefferies Financial Group, Sanford C. Bernstein, and TD Cowen in the past 90 days.

Do Wall Street analysts like Delta Air Lines more than its competitors?

Analysts like Delta Air Lines more than other "transportation" companies. The consensus rating for Delta Air Lines is Buy while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how DAL compares to other companies.


This page (NYSE:DAL) was last updated on 7/20/2024 by MarketBeat.com Staff

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