Delta Air Lines (DAL) Stock Forecast & Price Target

$63.62 -0.52 (-0.81%)

(As of 11/27/2024 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

Buy

Based on 14 Analyst Ratings

Sell
0

Hold
0

Buy
14

Based on 14 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 14 analysts, 13 have given a buy rating, and 1 has given a strong buy rating for DAL.

Consensus Price Target

$75.83
19.19% Upside

According to the 14 analysts' twelve-month price targets for Delta Air Lines, the average price target is $75.83. The highest price target for DAL is $90.00, while the lowest price target for DAL is $59.00. The average price target represents a forecasted upside of 19.19% from the current price of $63.62.

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DAL Analyst Ratings Over Time

Type	Current Forecast 11/29/23 to 11/28/24	1 Month Ago 10/30/23 to 10/29/24	3 Months Ago 8/31/23 to 8/30/24	1 Year Ago 11/29/22 to 11/29/23
Strong Buy	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)	1 Strong Buy rating(s)
Buy	13 Buy rating(s)	12 Buy rating(s)	11 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	$75.83	$65.40	$60.70	$54.40
Forecasted Upside	19.19% Upside	14.06% Upside	42.86% Upside	48.47% Upside
Consensus Rating	Buy	Buy	Buy	Buy

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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.

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.

Delta Air Lines Stock vs. The Competition

Type	Delta Air Lines	Transportation Companies	S&P 500
Consensus Rating Score	3.07	2.59	2.50
Consensus Rating	Buy	Moderate Buy	Moderate Buy
Predicted Upside	19.19% Upside	33.83% Upside	6.55% Upside
News Sentiment Rating	Positive News See Recent DAL News	Positive News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Analyst Name	Action	Rating	Price Target	Upside/Downside on Report Date
11/26/2024	Citigroup 3 of 5 stars		Boost Target	Buy ➝ Buy	$65.00 ➝ $76.00	+16.87%
11/26/2024	UBS Group 4 of 5 stars		Reiterated Rating	Buy	$88.00	+36.48%
11/21/2024	Deutsche Bank Aktiengesellschaft 3 of 5 stars		Boost Target	Buy ➝ Buy	$60.00 ➝ $80.00	+25.71%
11/15/2024	The Goldman Sachs Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	C. O'brien Subscribe to MarketBeat All Access for the recommendation accuracy rating	Reiterated Rating	Buy	$83.00	+28.01%
11/14/2024	Barclays Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$60.00 ➝ $90.00	+38.29%
11/12/2024	TD Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$59.00 ➝ $75.00	+18.00%
Get the Latest News and Ratings for DAL and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for Delta Air Lines and its competitors with MarketBeat's FREE daily newsletter.
11/11/2024	Jefferies Financial Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$58.00 ➝ $72.00	+13.28%
10/11/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Buy ➝ Buy	$55.00 ➝ $60.00	+18.51%
10/11/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Overweight ➝ Overweight	$68.00 ➝ $80.00	+59.52%
10/9/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Positive ➝ Positive	$50.00 ➝ $59.00	+13.92%
10/8/2024	Sanford C. Bernstein Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform ➝ Outperform	$62.00 ➝ $65.00	+28.23%
9/19/2024	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	J. Hollins Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Strong-Buy
5/13/2024	HSBC Subscribe to MarketBeat All Access for the recommendation accuracy rating		Initiated Coverage	Buy	$72.80	+38.40%
4/11/2024	Morgan Stanley Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Overweight ➝ Overweight	$85.00	+80.74%
10/5/2023	Raymond James Subscribe to MarketBeat All Access for the recommendation accuracy rating		Lower Target	Strong-Buy ➝ Strong-Buy	$58.00 ➝ $54.00	+49.75%
7/14/2023	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target	Outperform	$55.00 ➝ $60.00	+29.23%
7/14/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating		Boost Target		$51.00 ➝ $54.00	+13.18%
6/28/2023	22nd Century Group Subscribe to MarketBeat All Access for the recommendation accuracy rating		Reiterated Rating	Maintains
2/8/2023	Redburn Partners Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Neutral ➝ Buy	$55.00	+38.92%
1/5/2023	Argus Subscribe to MarketBeat All Access for the recommendation accuracy rating		Upgrade	Hold ➝ Buy	$39.00	+13.41%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Thursday at 10:54 PM ET.

Should I Buy Delta Air Lines Stock? DAL Pros and Cons Explained

These pros and cons were generated based on recent news and financial data from MarketBeat in order to provide readers with the fastest and most accurate insights. They were last updated on Monday, November 25, 2024. Please send any questions or comments about these Delta Air Lines pros and cons to contact@marketbeat.com.

Delta Air Lines
Bull Case

Here are some ways that investors could benefit from investing in Delta Air Lines, Inc.:

Delta Air Lines, Inc. has a strong market capitalization of $40.83 billion, indicating a solid position in the airline industry, which can provide stability and growth potential for investors.
The company reported a revenue of $15.68 billion for the latest quarter, exceeding analysts' expectations, which suggests strong operational performance and demand for its services.
With a current stock price around $66.25, which is near its fifty-two week high, the stock has shown resilience and potential for further appreciation, making it an attractive option for growth-oriented investors.
Delta Air Lines, Inc. has a return on equity of 29.93%, indicating effective management and profitability, which can lead to higher returns for shareholders.
The recent upgrade to a "strong-buy" rating by BNP Paribas and increased price targets from various analysts reflect positive sentiment and confidence in the company's future performance.

Delta Air Lines
Bear Case

Investors should be bearish about investing in Delta Air Lines, Inc. for these reasons:

The company reported earnings per share (EPS) of $1.50, which missed analysts' consensus estimates of $1.52, indicating potential challenges in meeting market expectations.
Delta Air Lines, Inc. has a price-to-earnings (P/E) ratio of 8.90, which, while relatively low, may suggest that the stock is undervalued or that investors are cautious about future growth prospects.
The net margin of 7.71% indicates that while the company is profitable, there may be concerns about cost management and overall profitability in a competitive market.
The dividend yield of 0.95% may not be attractive to income-focused investors, especially in a rising interest rate environment where other investment options may offer better returns.
With a beta of 1.33, the stock is more volatile than the market, which could pose risks for investors who prefer stable investments.

DAL Forecast - Frequently Asked Questions

: According to the research reports of 14 Wall Street equities research analysts, the average twelve-month stock price forecast for Delta Air Lines is $75.83, with a high forecast of $90.00 and a low forecast of $59.00.
: 14 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Delta Air Lines in the last twelve months. There are currently 13 buy ratings and 1 strong buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" DAL shares.
: According to analysts, Delta Air Lines's stock has a predicted upside of 19.19% based on their 12-month stock forecasts.
: Over the previous 90 days, Delta Air Lines's stock had 1 upgrade by analysts.
: Delta Air Lines has been rated by research analysts at Bank of America, Barclays, BNP Paribas, Citigroup, Deutsche Bank Aktiengesellschaft, Jefferies Financial Group, JPMorgan Chase & Co., Sanford C. Bernstein, Susquehanna, TD Cowen, The Goldman Sachs Group, and UBS Group in the past 90 days.
: 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.

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This page (NYSE:DAL) was last updated on 11/28/2024 by MarketBeat.com Staff

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Delta Air Lines (DAL) Stock Forecast & Price Target