Delta Air Lines, Inc. (NYSE:DAL) Stock Has Average Price Target of $99.65

Shares of Delta Air Lines, Inc. (NYSE:DAL) have been assigned a consensus recommendation of “Moderate Buy” from the twenty-four analysts that are currently covering the firm, Marketbeat Ratings reports. One equities research analyst has rated the stock with a sell recommendation, one has issued a hold recommendation and twenty-two have issued a buy recommendation on the company. The average twelve-month price objective among brokerages that have covered the stock in the last year is $99.65.

A number of research firms have recently issued reports on DAL. Weiss Ratings upgraded shares of Delta Air Lines from a “hold (c)” rating to a “hold (c+)” rating in a research report on Tuesday, July 21st. Seaport Research Partners reissued a “buy” rating and set a $100.00 price target on shares of Delta Air Lines in a research note on Monday, October 12th. BMO Capital Markets upped their price target on Delta Air Lines from $100.00 to $105.00 and gave the stock an “outperform” rating in a report on Monday, October 12th. Bank of America upped their price target on Delta Air Lines from $93.00 to $100.00 and gave the stock a “buy” rating in a report on Wednesday, July 1st. Finally, JPMorgan Chase & Co. raised their price objective on Delta Air Lines from $85.00 to $114.00 and gave the company an “overweight” rating in a research note on Monday, July 13th.

Insider Buying and Selling

In other news, Director Michael Huerta sold 3,100 shares of the firm’s stock in a transaction on Wednesday, August 5th. The stock was sold at an average price of $94.11, for a total value of $291,741.00. Following the completion of the transaction, the director owned 32,525 shares in the company, valued at $3,060,927.75. This trade represents a 8.70% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. Also, EVP Steven Sear sold 40,460 shares of the firm’s stock in a transaction on Wednesday, August 5th. The shares were sold at an average price of $93.55, for a total value of $3,785,033.00. Following the completion of the transaction, the executive vice president owned 104,404 shares of the company’s stock, valued at approximately $9,766,994.20. This represents a 27.93% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold 356,726 shares of company stock valued at $33,081,037 in the last three months. 0.80% of the stock is owned by insiders.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently added to or reduced their stakes in the company. Investment Research Partners LLC lifted its position in shares of Delta Air Lines by 3.1% during the 3rd quarter. Investment Research Partners LLC now owns 6,270 shares of the transportation company’s stock valued at $523,000 after acquiring an additional 187 shares during the period. Retirement Planning Group LLC boosted its stake in Delta Air Lines by 88.4% during the third quarter. Retirement Planning Group LLC now owns 4,792 shares of the transportation company’s stock worth $400,000 after acquiring an additional 2,249 shares in the last quarter. Secure Asset Management LLC boosted its stake in Delta Air Lines by 10.2% during the third quarter. Secure Asset Management LLC now owns 2,735 shares of the transportation company’s stock worth $228,000 after acquiring an additional 254 shares in the last quarter. Kaufman Rossin Wealth LLC grew its holdings in Delta Air Lines by 17.7% in the third quarter. Kaufman Rossin Wealth LLC now owns 4,881 shares of the transportation company’s stock worth $407,000 after purchasing an additional 734 shares during the period. Finally, Optivise Advisory Services LLC grew its holdings in Delta Air Lines by 6.6% in the third quarter. Optivise Advisory Services LLC now owns 3,395 shares of the transportation company’s stock worth $283,000 after purchasing an additional 210 shares during the period. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

Trending Headlines about Delta Air Lines

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

• Positive Sentiment: Delta plans to add more than 45 round-trip flights and approximately 6,000 seats from Boston for the 2027 Patriots’ Day and spring-break period. The 15% capacity increase is intended to capture strong leisure demand and strengthen Delta’s competitive position in Boston. Delta Air Lines Expands Boston Flights for Spring Break Demand
• Positive Sentiment: UBS said Delta’s fourth-quarter guidance is strong enough to modestly raise the revenue expectations for peer airlines, suggesting resilient demand and potentially favorable industry conditions. Delta Air Lines’ Q4 Guidance Slightly Raises Revenue Bar for Peers, UBS Says
• Neutral Sentiment: Brokerage analysts continue to view DAL favorably based on its average recommendation, but the article cautions that sell-side ratings can be overly optimistic and should not be treated as a stand-alone buy signal. Delta Is Considered a Good Investment by Brokers
• Negative Sentiment: Delta reportedly reduced its 2026 earnings outlook, which is the clearest pressure on the stock. Lower expected profits can lead investors to reduce valuation estimates, despite the company’s projected full-year EPS range and ongoing revenue growth. Delta Cuts 2026 Earnings Outlook
• Negative Sentiment: Elon Musk criticized Delta for choosing Amazon’s onboard connectivity solution instead of Starlink, arguing that Starlink could become a competitive necessity for airlines. The comments raise concerns about Delta potentially falling behind rivals adopting Starlink, although they do not represent a confirmed change in Delta’s strategy. Elon Musk Criticizes Delta’s Connectivity Decision
• Negative Sentiment: Delta’s CEO indicated that higher fuel costs are likely to keep airfares elevated, potentially limiting passenger demand and increasing pressure on consumers and operating costs. Delta CEO Discusses Airfare Pricing

Delta Air Lines Stock Down 1.1%

DAL opened at $74.56 on Friday. The company has a debt-to-equity ratio of 0.42, a current ratio of 0.40 and a quick ratio of 0.32. The business has a 50 day simple moving average of $81.80 and a 200-day simple moving average of $80.43. The stock has a market capitalization of $49.06 billion, a P/E ratio of 13.78, a P/E/G ratio of 1.35 and a beta of 1.34. Delta Air Lines has a 12 month low of $55.03 and a 12 month high of $95.68.

Delta Air Lines (NYSE:DAL) last posted its quarterly earnings results on Friday, October 9th. The transportation company reported $1.72 earnings per share for the quarter, missing analysts’ consensus estimates of $1.77 by ($0.05). Delta Air Lines had a net margin of 4.58% and a return on equity of 16.83%. The business had revenue of $17.59 billion during the quarter, compared to analysts’ expectations of $17.64 billion. During the same quarter last year, the firm earned $1.71 earnings per share. The firm’s quarterly revenue was up 21.1% compared to the same quarter last year. Delta Air Lines has set its Q4 2026 guidance at 1.150-1.650 EPS and its FY 2026 guidance at 5.100-5.600 EPS. On average, equities analysts anticipate that Delta Air Lines will post 5.32 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The company also recently announced a quarterly dividend, which will be paid on Thursday, November 5th. Shareholders of record on Thursday, October 15th will be issued a $0.2150 dividend. The ex-dividend date of this dividend is Thursday, October 15th. This represents a $0.86 annualized dividend and a yield of 1.2%. Delta Air Lines’s dividend payout ratio is 17.17%.

About Delta Air Lines

Delta Air Lines, Inc is a major U.S. airline headquartered in Atlanta, Georgia. The company provides scheduled passenger air transportation to destinations across the United States and international markets, including Europe, Latin America, Asia, Canada, Africa and the Caribbean. Delta operates through a network of hubs and focus cities, offering service under the Delta brand and through regional partners operating as Delta Connection.

In addition to passenger flights, Delta provides air cargo transportation and related logistics services.