Delta Air Lines, Inc. (DAL) Price Target Analysis
Wall Street analyst price targets, ratings consensus & upside potential · Updated May 1, 2026
Current Price
$73.32
Price Target
$82.45
Target Range
$77.00 — $88.00
Analyst Rating
Buy
Forward P/E13.6x
Trailing P/E9.6x
Forward PEG—
Implied Growth-29.4%
Median Target$81.00
Analyst Spread13.3%
Price Forecast (1 Year)
Last 12 months price action with 12-month analyst target path
Bear Case
$77
+5.0%
Consensus
$82
+12.5%
Bull Case
$88
+20.0%
DAL Price Target Analysis
Updated May 7, 2026As of May 7, 2026, Delta Air Lines, Inc. (DAL) has a Wall Street consensus price target of $82.45, based on estimates from 44 covering analysts. With the stock currently trading at $73.32, this represents a potential upside of +12.5%. The company has a market capitalization of $47.89B.
Analyst price targets range from a low of $77.00 to a high of $88.00, representing a 13% spread in expectations. The median target of $81.00 aligns closely with the consensus average. The tight target dispersion indicates high conviction among analysts.
The current analyst consensus rating is Buy, with 36 analysts rating the stock as a Buy or Strong Buy,8 rating it Hold, and 0 rating it Sell or Strong Sell. This overwhelmingly bullish sentiment suggests analysts see significant catalysts for upside ahead.
From a valuation perspective, DAL trades at a trailing P/E of 9.6x and forward P/E of 13.6x. Analysts expect EPS to grow -29.4% over the next year.
Investment Context: Price targets represent analyst expectations for the next 12 months and should be considered alongside your own research. Targets are based on analysts' assumptions about earnings growth, margins, and market conditions which may change. For sector-specific context, view other Industrials stocks.
Analyst Sentiment Comparison
Industry Peer AnalysisAvg Peer Upside+31.8%
Avg Forward P/E843.5x
Peers with Coverage9 / 10
| Company | Market Cap | Price | Target | Upside | Rating | Fwd P/E | Analysts |
|---|---|---|---|---|---|---|---|
 UALUnited Airlines Holdings, Inc. | $32.5B | $100.03 | $136.10 | +36.1% | Buy | 10.7x | 47 |
 AALAmerican Airlines Group Inc. | $8.5B | $12.94 | $15.90 | +22.9% | Buy | — | 37 |
 LUVSouthwest Airlines Co. | $20.4B | $41.50 | $49.89 | +20.2% | Hold | 15.6x | 45 |
 ALKAlaska Air Group, Inc. | $4.6B | $40.51 | $67.00 | +65.4% | Buy | — | 28 |
 JBLUJetBlue Airways Corporation | $1.9B | $5.04 | $6.17 | +22.4% | Hold | — | 36 |
 ULCCFrontier Group Holdings, Inc. | $1.1B | $4.78 | $6.67 | +39.5% | Hold | — | 13 |
 SKYWSkyWest, Inc. | $3.5B | $87.82 | $122.00 | +38.9% | Buy | 8.0x | 17 |
 MESAMesa Air Group, Inc. | $879M | $21.00 | — | — | Hold | 30.9x | 6 |
 BAThe Boeing Company | $181.3B | $229.93 | $263.67 | +14.7% | Buy | 4955.4x | 54 |
 GEGE Aerospace | $319.5B | $305.83 | $386.20 | +26.3% | Buy | 40.4x | 34 |
Upside Potential Comparison
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Start ComparisonDAL — Frequently Asked Questions
Quick answers to the most common questions about buying DAL stock.
What is the DAL stock price target for 2026?
Delta Air Lines, Inc. (DAL) has a consensus 12-month price target of $82.45, implying 12.5% upside from $73.32. The 44 analysts covering DAL see moderate appreciation potential.
Is DAL a buy, sell, or hold?
DAL has a consensus rating of "Buy" based on 44 Wall Street analysts. The rating breakdown is predominantly bullish, with 36 Buy/Strong Buy ratings. The consensus 12-month price target of $82.45 implies 12.5% upside from current levels.
Is DAL stock overvalued or undervalued?
With a forward P/E of 13.6159x, DAL trades at a relatively low valuation. The consensus target of $82.45 implies 12.5% appreciation, suggesting meaningful undervaluation.
How high can DAL stock go?
The most bullish Wall Street analyst has a price target of $88 for DAL, while the most conservative target is $77. The consensus of $82.45 represents the median expectation. These targets typically reflect 12-month expectations.
How many analysts cover DAL stock?
DAL is heavily covered by Wall Street, with 44 analysts providing price targets and ratings. Of these, 2 have Strong Buy ratings, 34 have Buy ratings, 8 recommend Hold, and 0 have Sell or Strong Sell ratings. Higher analyst coverage generally indicates greater institutional interest and more reliable consensus estimates.
What is the DAL stock forecast?
The 12-month DAL stock forecast based on 44 Wall Street analysts shows a consensus price target of $82.45, with estimates ranging from $77 (bear case) to $88 (bull case). The median consensus rating is "Buy".
What is DAL's forward P/E ratio?
DAL trades at a forward P/E ratio of 13.6x based on next-twelve-months earnings estimates compared to a trailing P/E of 9.6x. The higher forward P/E suggests near-term earnings pressure. A forward P/E is useful for comparing valuations when earnings are expected to change significantly.
Should I buy DAL stock?
Wall Street analysts are optimistic on DAL, with a "Buy" consensus rating and $82.45 price target (12.5% upside). 36 of 44 analysts rate it Buy or Strong Buy. This information is for educational purposes only. Always conduct your own research, consider your financial situation, and consult a financial advisor before making investment decisions.
Why do DAL price targets vary so much?
DAL analyst price targets range from $77 to $88, a 13% tight range reflecting strong analyst consensus. Differences stem from varying assumptions about revenue growth, profit margins, competitive dynamics, and valuation multiples. The $82.45 consensus represents the middle ground.