Delta Air Lines (DAL) – Analysts’ Recent Ratings Updates

A number of firms have modified their ratings and price targets on shares of Delta Air Lines (NYSE: DAL) recently:

• 7/21/2026 – Delta Air Lines was upgraded by Weiss Ratings from “hold (c)” to “hold (c+)”.
• 7/14/2026 – Delta Air Lines was given a new $105.00 price target by Argus.
• 7/14/2026 – Delta Air Lines was given a new $112.00 price target by Cantor Fitzgerald.
• 7/14/2026 – Delta Air Lines had its price target raised by TD Cowen from $106.00 to $112.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Delta Air Lines had its price target raised by UBS Group AG from $107.00 to $112.00. They now have a “buy” rating on the stock.
• 7/13/2026 – Delta Air Lines had its “outperform” rating reaffirmed by Sanford C. Bernstein. They now have a $106.00 price target on the stock.
• 7/13/2026 – Delta Air Lines had its price target raised by JPMorgan Chase & Co. from $85.00 to $114.00. They now have an “overweight” rating on the stock.
• 7/12/2026 – Delta Air Lines had its price target raised by Citigroup Inc. from $106.00 to $110.00. They now have a “buy” rating on the stock.
• 7/10/2026 – Delta Air Lines had its price target raised by Morgan Stanley from $115.00 to $125.00. They now have an “overweight” rating on the stock.
• 7/10/2026 – Delta Air Lines had its price target raised by Jefferies Financial Group Inc. from $105.00 to $110.00. They now have a “buy” rating on the stock.
• 7/8/2026 – Delta Air Lines had its “hold” rating reaffirmed by UBS Group AG.
• 7/8/2026 – Delta Air Lines had its “buy” rating reaffirmed by Benchmark Co..
• 7/7/2026 – Delta Air Lines had its “hold (c)” rating reaffirmed by Weiss Ratings.
• 7/7/2026 – Delta Air Lines had its price target raised by Susquehanna from $78.00 to $108.00. They now have a “positive” rating on the stock.
• 7/6/2026 – Delta Air Lines was downgraded by Raymond James Financial, Inc. from “strong-buy” to “outperform”. They now have a $104.00 price target on the stock, up from $80.00.
• 7/6/2026 – Delta Air Lines had its price target raised by Morgan Stanley from $105.00 to $115.00. They now have an “overweight” rating on the stock.
• 7/2/2026 – Delta Air Lines had its price target raised by TD Cowen from $92.00 to $106.00. They now have a “buy” rating on the stock.
• 7/2/2026 – Delta Air Lines had its price target raised by The Goldman Sachs Group, Inc. from $80.00 to $116.00. They now have a “buy” rating on the stock.
• 7/2/2026 – Delta Air Lines had its price target raised by BMO Capital Markets from $80.00 to $105.00. They now have an “outperform” rating on the stock.
• 7/1/2026 – Delta Air Lines had its price target raised by Bank of America Corporation from $93.00 to $100.00. They now have a “buy” rating on the stock.
• 6/30/2026 – Delta Air Lines had its price target raised by Wells Fargo & Company from $75.00 to $105.00. They now have an “overweight” rating on the stock.
• 6/25/2026 – Delta Air Lines had its price target raised by Barclays PLC from $85.00 to $105.00. They now have an “overweight” rating on the stock.
• 6/25/2026 – Delta Air Lines had its price target raised by Evercore Inc from $85.00 to $105.00. They now have an “outperform” rating on the stock.
• 6/24/2026 – Delta Air Lines had its price target raised by Jefferies Financial Group Inc. from $81.00 to $100.00. They now have a “buy” rating on the stock.
• 6/23/2026 – Delta Air Lines had its price target raised by UBS Group AG from $98.00 to $107.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Delta Air Lines had its price target raised by Citigroup Inc. from $79.00 to $106.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Delta Air Lines had its price target raised by Bank of America Corporation from $78.00 to $93.00. They now have a “buy” rating on the stock.
• 6/22/2026 – Delta Air Lines had its price target raised by Argus from $85.00 to $100.00. They now have a “buy” rating on the stock.
• 6/17/2026 – Delta Air Lines had its price target raised by Sanford C. Bernstein from $88.00 to $93.00. They now have an “outperform” rating on the stock.
• 6/1/2026 – Delta Air Lines had its price target raised by Morgan Stanley from $90.00 to $105.00. They now have an “overweight” rating on the stock.

Delta Air Lines Increases Dividend

The company also recently announced a quarterly dividend, which was paid on Thursday, July 30th. Investors of record on Thursday, July 9th were issued a $0.215 dividend. This represents a $0.86 annualized dividend and a yield of 1.0%. This is a positive change from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend was Thursday, July 9th. Delta Air Lines’s dividend payout ratio is 14.26%.

Insider Activity at Delta Air Lines

In related news, EVP Alain Bellemare sold 25,000 shares of Delta Air Lines stock in a transaction that occurred on Wednesday, May 27th. The shares were sold at an average price of $81.44, for a total value of $2,036,000.00. Following the completion of the transaction, the executive vice president owned 95,025 shares in the company, valued at $7,738,836. The trade was a 20.83% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, EVP Allison C. Ausband sold 5,000 shares of the business’s stock in a transaction that occurred on Tuesday, May 26th. The stock was sold at an average price of $79.00, for a total transaction of $395,000.00. Following the transaction, the executive vice president owned 133,854 shares of the company’s stock, valued at $10,574,466. This trade represents a 3.60% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 65,331 shares of company stock worth $5,036,638. 0.80% of the stock is owned by corporate insiders.

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.