Delta Air Lines (NYSE:DAL) Price Target Raised to $84.00

Delta Air Lines (NYSE:DAL) had its price target hoisted by investment analysts at TD Cowen from $76.00 to $84.00 in a report released on Thursday. The firm currently has a “buy” rating on the transportation company’s stock. TD Cowen’s price target suggests a potential upside of 26.26% from the company’s previous close.

Several other analysts also recently weighed in on DAL. Jefferies Financial Group upped their price objective on Delta Air Lines from $72.00 to $78.00 and gave the stock a “buy” rating in a research report on Tuesday, March 31st. Seaport Research Partners increased their target price on shares of Delta Air Lines from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Thursday. Weiss Ratings lowered shares of Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 6th. Susquehanna dropped their price objective on shares of Delta Air Lines from $85.00 to $81.00 and set a “positive” rating for the company in a research note on Thursday, April 2nd. Finally, Rothschild & Co Redburn cut their target price on shares of Delta Air Lines from $72.00 to $70.00 and set a “buy” rating on the stock in a research report on Thursday, March 5th. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have given a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $79.05.

Delta Air Lines Price Performance

Shares of NYSE DAL traded down $1.55 during trading hours on Thursday, hitting $66.53. 1,405,120 shares of the stock were exchanged, compared to its average volume of 11,184,613. The company’s fifty day simple moving average is $66.52 and its two-hundred day simple moving average is $64.73. The company has a market cap of $43.45 billion, a PE ratio of 8.68, a price-to-earnings-growth ratio of 0.72 and a beta of 1.31. The company has a debt-to-equity ratio of 0.60, a quick ratio of 0.34 and a current ratio of 0.40. Delta Air Lines has a 1-year low of $38.66 and a 1-year high of $76.39.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings data on Wednesday, April 8th. The transportation company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.06). The firm had revenue of $14.20 billion for the quarter, compared to analyst estimates of $14.70 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The firm’s revenue for the quarter was up 9.4% on a year-over-year basis. During the same quarter in the prior year, the firm earned $0.46 earnings per share. On average, sell-side analysts predict that Delta Air Lines will post 7.63 EPS for the current year.

Insiders Place Their Bets

In other Delta Air Lines news, EVP Steven M. Sear sold 38,600 shares of the company’s stock in a transaction that occurred on Monday, February 9th. The shares were sold at an average price of $75.05, for a total value of $2,896,930.00. Following the completion of the transaction, the executive vice president directly owned 104,404 shares in the company, valued at approximately $7,835,520.20. This represents a 26.99% decrease in their position. The sale was disclosed in a legal filing with the SEC, which can be accessed through this link. Also, EVP Erik Storey Snell sold 39,420 shares of the company’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $71.02, for a total transaction of $2,799,608.40. Following the completion of the transaction, the executive vice president owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. This trade represents a 52.53% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold 620,550 shares of company stock worth $44,127,667 over the last quarter. 0.88% of the stock is currently owned by corporate insiders.

Institutional Trading of Delta Air Lines

Several institutional investors have recently modified their holdings of the business. AlphaQuest LLC raised its position in Delta Air Lines by 90.6% during the 3rd quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock worth $25,000 after purchasing an additional 211 shares during the last quarter. Lloyd Advisory Services LLC. bought a new stake in shares of Delta Air Lines in the 4th quarter valued at about $31,000. Camelot Portfolios LLC bought a new stake in shares of Delta Air Lines in the 4th quarter valued at about $34,000. Accredited Wealth Management LLC increased its stake in shares of Delta Air Lines by 1,983.3% in the third quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock valued at $28,000 after buying an additional 476 shares during the period. Finally, Byrne Asset Management LLC acquired a new stake in shares of Delta Air Lines in the fourth quarter valued at about $35,000. Institutional investors own 69.93% of the company’s stock.

Key Delta Air Lines News

Here are the key news stories impacting Delta Air Lines this week:

• Positive Sentiment: Q1 results and management commentary showed resilience — Delta reported adjusted Q1 EPS of $0.64 and strong revenue/operational metrics, and the earnings call highlighted demand strength and margin actions that convinced investors the beat is sustainable. Delta Q1 2026 Earnings Call Transcript
• Positive Sentiment: Geopolitical relief pushed oil down — a U.S.-Iran ceasefire reduced near‑term oil risk, lifting airline sentiment and improving Delta’s fuel outlook (short‑term tailwind to margins). Airline Stocks Jump on Ceasefire
• Positive Sentiment: Refinery ownership is turning into a cash edge — Delta expects roughly a $300M refinery benefit to help Q2 profit, which differentiates it from peers facing raw fuel inflation. DAL sees $300M refinery benefit
• Neutral Sentiment: Analyst actions are mixed — Wolfe Research trimmed its price target to $73 but kept an Outperform rating, signaling continued analyst support despite a more cautious view on upside. Wolfe Research Lowers Price Target
• Neutral Sentiment: Unusually heavy options activity — large volumes of call buying suggest speculative bullish interest that can amplify intraday moves but also raises short‑term volatility risk. Unusually High Options Trading
• Negative Sentiment: Fuel spike forces strategic pullbacks — management said it will meaningfully cut planned capacity growth and flagged a multi‑billion dollar increase in fuel expense at the forward curve, which pressures near‑term margins and guidance. Delta hits brakes on growth plans
• Negative Sentiment: Revenue actions could hurt demand perception — Delta raised checked-bag fees to help offset higher jet fuel; this improves yields but could dampen PR and price‑sensitive demand if fuel concerns persist. Delta Baggage Fee Hike Highlights Fuel Shock

Delta Air Lines Company Profile

Delta Air Lines is a major U.S.-based global airline that provides scheduled passenger and cargo air transportation, aircraft maintenance and repair services, and related travel products. Its operations include mainline domestic and international passenger services, a branded regional network operating under the Delta Connection name, dedicated air cargo carriage, and in-house maintenance, repair and overhaul through Delta TechOps. Delta offers a range of cabin products for different customer segments, including premium business-class service on long-haul routes and tiered economy offerings on domestic and international flights, and it markets customer loyalty benefits through the SkyMiles frequent-flyer program.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.