Delta Air Lines (NYSE:DAL) Given New $73.00 Price Target at Wolfe Research

07 Apr 2026, 13:58 by Mitch Edgeman · The Markets Daily

Delta Air Lines (NYSE:DAL – Get Free Report) had its target price decreased by Wolfe Research from $81.00 to $73.00 in a research note issued to investors on Tuesday,MarketScreener reports. The firm presently has an “outperform” rating on the transportation company’s stock. Wolfe Research’s price target would suggest a potential upside of 10.40% from the stock’s current price.

Other equities analysts have also recently issued research reports about the company. Raymond James Financial reduced their price target on Delta Air Lines from $80.00 to $76.00 and set a “strong-buy” rating for the company in a report on Tuesday, March 31st. Zacks Research cut Delta Air Lines from a “hold” rating to a “strong sell” rating in a report on Tuesday, March 17th. Jefferies Financial Group upped their price target on Delta Air Lines from $72.00 to $78.00 and gave the stock a “buy” rating in a report on Tuesday, March 31st. Bank of America reduced their target price on Delta Air Lines from $80.00 to $78.00 and set a “buy” rating for the company in a report on Wednesday, April 1st. Finally, The Goldman Sachs Group increased their target price on Delta Air Lines from $77.00 to $80.00 and gave the company a “buy” rating in a report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-two have given a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the company. According to data from MarketBeat.com, Delta Air Lines currently has a consensus rating of “Moderate Buy” and an average price target of $78.43.

Check Out Our Latest Stock Analysis on DAL

Delta Air Lines Stock Performance

NYSE DAL opened at $66.13 on Tuesday. The stock has a market capitalization of $43.19 billion, a price-to-earnings ratio of 8.63, a PEG ratio of 0.72 and a beta of 1.31. Delta Air Lines has a twelve month low of $35.46 and a twelve month high of $76.39. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. The stock has a 50-day moving average of $66.49 and a 200 day moving average of $64.66.

Delta Air Lines (NYSE:DAL – Get Free Report) last released its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share for the quarter, topping analysts’ consensus estimates of $1.53 by $0.02. The company had revenue of $14.61 billion during the quarter, compared to analysts’ expectations of $15.80 billion. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.Delta Air Lines’s quarterly revenue was up 2.9% compared to the same quarter last year. During the same quarter in the prior year, the firm posted $1.85 EPS. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. Sell-side analysts anticipate that Delta Air Lines will post 7.63 EPS for the current fiscal year.

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, EVP Erik Storey Snell sold 39,420 shares of the stock in a transaction that occurred on Friday, January 16th. The stock was 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 $2,530,087.50. This represents a 52.53% 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, CEO Edward H. Bastian sold 173,230 shares of the company’s stock in a transaction that occurred on Thursday, January 15th. The shares were sold at an average price of $71.00, for a total value of $12,299,330.00. Following the completion of the sale, the chief executive officer owned 632,823 shares of the company’s stock, valued at $44,930,433. This trade represents a 21.49% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last ninety days, insiders have sold 620,550 shares of company stock valued at $44,127,667. 0.88% of the stock is owned by insiders.

Institutional Investors Weigh In On Delta Air Lines

Large investors have recently made changes to their positions in the stock. Brighton Jones LLC raised its stake in Delta Air Lines by 33.5% in the fourth quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock valued at $555,000 after buying an additional 2,302 shares in the last quarter. Acadian Asset Management LLC purchased a new position in shares of Delta Air Lines during the first quarter worth about $178,000. Sivia Capital Partners LLC purchased a new position in shares of Delta Air Lines during the second quarter worth about $555,000. Guggenheim Capital LLC grew its holdings in shares of Delta Air Lines by 5.5% during the second quarter. Guggenheim Capital LLC now owns 30,494 shares of the transportation company’s stock worth $1,500,000 after purchasing an additional 1,596 shares during the last quarter. Finally, Marshall Wace LLP grew its holdings in shares of Delta Air Lines by 102.2% during the second quarter. Marshall Wace LLP now owns 7,825 shares of the transportation company’s stock worth $385,000 after purchasing an additional 357,825 shares during the last quarter. 69.93% of the stock is currently owned by hedge funds and other institutional investors.

More Delta Air Lines News

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

Positive Sentiment: Pre-earnings rally and bullish commentary: DAL shares have rallied into the report after a string of positive takes (including coverage calling Delta a relative winner in the sector and praise from commentators), suggesting investor confidence in Delta’s operational resilience. Delta Air Lines (DAL) Stock Surges Ahead of Q1 Earnings Report This Wednesday
Positive Sentiment: Revenue lift from ancillary fees: Delta is raising checked-bag fees by $10 for tickets sold starting this week, a direct near-term revenue boost that helps offset higher fuel costs. Delta raises checked bag fees $10 amid jet fuel price surge, joining other carriers
Positive Sentiment: Analyst upgrades and price-target movement: Several outlets report analysts revising expectations and some upgrades/positive notes ahead of earnings, which supports the rally as investors expect resilient margins and steady earnings. Top Wall Street Forecasters Revamp Delta Air Lines Expectations Ahead Of Q1 Earnings
Neutral Sentiment: Expectations and options-driven volatility: Analysts forecast roughly $14.9B revenue and ~$0.58–0.62 EPS for Q1; options imply about a 7% post-earnings move, so traders are positioning for a wide reaction to the print and guidance. Delta Air Lines (DAL) Q1 Earnings Preview: Wall Street Braces for 7% Volatility
Negative Sentiment: Surging jet-fuel costs tied to the Iran conflict are the biggest near-term downside risk — fuel is the top line-item pressure for margins and could force weaker guidance even if revenue holds. Market commentary flags this as the main swing factor for the quarter. Delta kicks off an earnings season focused on surging gas prices and the Iran war

Delta Air Lines Company Profile

(Get Free Report)

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.