#1 - Delta Air Lines (NYSE:DAL)
For many investors, owning airline stocks is like buying a boat. The two best days are the day you buy and the day you sell. But there’s no denying that air travel continues to be strong, particularly as international travel has regained sound footing.
That’s a reason to put Delta Air Lines Inc. (NYSE: DAL) on a watch list of travel stocks to buy for 2025. Through the first three quarters of 2024, revenue is up about 2%. However, the company’s full-year guidance for 2025 suggests a mid-single-digit top-line gain. And if fuel costs grow slower than that revenue, it will allow the company to post stronger earnings.
Analysts are on board with that outlook. The consensus price target of $75.83 is 19.4% higher than the DAL stock price on December 4, 2024.
With DAL stock up more than 55% in 2024, it’s pushing up against its 52-week high and short interest has been increasing. But investors should take any pullback as an opportunity to get in on one of the best pure-play airline stocks to own.
About Delta Air Lines
Delta Air Lines, Inc provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Minneapolis-St. Paul, Detroit, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Sao Paulo, Seoul-Incheon, and Tokyo.
Read More - Current Price
- $59.84
- Consensus Rating
- Buy
- Ratings Breakdown
- 14 Buy Ratings, 0 Hold Ratings, 0 Sell Ratings.
- Consensus Price Target
- $75.83 (26.7% Upside)
