Delta Air Lines (NYSE:DAL) Price Target Raised to $78.00

Delta Air Lines (NYSE:DAL) had its target price lifted by Jefferies Financial Group from $72.00 to $78.00 in a report issued on Tuesday morning,MarketScreener reports. The brokerage currently has a buy rating on the transportation company’s stock.

Other equities research analysts also recently issued research reports about the company. Zacks Research downgraded Delta Air Lines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 17th. UBS Group raised their price target on shares of Delta Air Lines from $83.00 to $84.00 and gave the company a “buy” rating in a report on Monday, March 23rd. Susquehanna boosted their price objective on shares of Delta Air Lines from $70.00 to $85.00 and gave the stock a “positive” rating in a research note on Friday, January 9th. BNP Paribas Exane raised their target price on shares of Delta Air Lines from $70.00 to $85.00 and gave the company an “outperform” rating in a research note on Monday, December 8th. Finally, Seaport Research Partners lifted their price target on shares of Delta Air Lines from $80.00 to $89.00 and gave the stock a “buy” rating in a report on Friday, January 9th. One research analyst has rated the stock with a Strong Buy rating, twenty-two have assigned a Buy rating, one has given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, Delta Air Lines has a consensus rating of “Moderate Buy” and an average target price of $78.84.

Delta Air Lines Price Performance

NYSE DAL opened at $66.77 on Tuesday. The company has a market cap of $43.61 billion, a PE ratio of 8.71, a P/E/G ratio of 0.69 and a beta of 1.31. The firm’s 50 day moving average price is $66.52 and its 200-day moving average price is $64.46. 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 52-week low of $34.74 and a 52-week high of $76.39.

Delta Air Lines (NYSE:DAL) last issued its quarterly earnings data on Tuesday, January 13th. The transportation company reported $1.55 EPS 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 the consensus estimate of $15.80 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. Delta Air Lines’s revenue for the quarter was up 2.9% compared to the same quarter last year. During the same quarter in the previous year, the firm posted $1.85 earnings per share. 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 forecast that Delta Air Lines will post 7.63 EPS for the current fiscal year.

Delta Air Lines Announces Dividend

The company also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th were given a dividend of $0.1875 per share. The ex-dividend date of this dividend was Thursday, February 26th. This represents a $0.75 dividend on an annualized basis and a yield of 1.1%. Delta Air Lines’s payout ratio is currently 9.78%.

Insiders Place Their Bets

In related news, EVP Alain Bellemare sold 36,000 shares of Delta Air Lines stock in a transaction dated Thursday, January 15th. The stock was sold at an average price of $69.21, for a total transaction of $2,491,560.00. Following the completion of the sale, the executive vice president owned 95,731 shares of the company’s stock, valued at $6,625,542.51. The trade was a 27.33% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is available through this hyperlink. Also, 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 sale, the executive vice president owned 104,404 shares in the company, valued at approximately $7,835,520.20. This represents a 26.99% decrease in their position. The disclosure for this sale is available in the SEC filing. In the last ninety days, insiders sold 620,550 shares of company stock valued at $44,127,667. Insiders own 0.88% of the company’s stock.

Institutional Trading of Delta Air Lines

Several institutional investors and hedge funds have recently bought and sold shares of the business. Brighton Jones LLC raised its holdings in shares of Delta Air Lines by 33.5% during the fourth quarter. Brighton Jones LLC now owns 9,174 shares of the transportation company’s stock worth $555,000 after purchasing an additional 2,302 shares during the last quarter. Acadian Asset Management LLC purchased a new stake in Delta Air Lines in the first quarter valued at $178,000. Sivia Capital Partners LLC purchased a new stake in Delta Air Lines in the second quarter valued at $555,000. Level Four Advisory Services LLC purchased a new position in shares of Delta Air Lines during the 2nd quarter valued at about $259,000. Finally, Scotia Capital Inc. purchased a new position in shares of Delta Air Lines during the 2nd quarter valued at about $229,000. 69.93% of the stock is currently owned by institutional investors and hedge funds.

More Delta Air Lines News

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

• Positive Sentiment: Delta signed a deal with Amazon’s low‑Earth‑orbit service (Project Leo) to bring high‑speed satellite Wi‑Fi to ~500 aircraft starting in 2028 — chosen because of Delta’s existing AWS relationship. The service promises up to 1 Gbps per plane and could strengthen customer experience, ancillary revenue and competitive positioning versus SpaceX’s Starlink. Delta Picks Bezos Over Musk For Satellite Wi-Fi
• Positive Sentiment: Certain analysts continue to back DAL with buy/positive ratings (Jefferies raised its PT to $78; others maintain buy/strong‑buy despite adjustments), providing analyst support for upside. Jefferies adjusts price target on Delta Air Lines
• Neutral Sentiment: Delta reports Q1 results on April 8; street estimates imply modest year‑over‑year EPS growth (consensus around ~$0.62). Guidance, revenue mix and bookings will be watched closely — the report is the next catalyst. Delta Air Lines to Report Q1 Earnings
• Neutral Sentiment: Multiple firms tweaked price targets (some lower, some slightly higher) but many kept buy/positive ratings — signaling mixed conviction: upside exists but expectations are being trimmed for higher costs. Susquehanna adjusts price target on Delta Air Lines
• Negative Sentiment: UBS warns the sector faces a fuel‑cost shock after jet fuel nearly doubled in March; analysts cut EPS across airlines — higher fuel will pressure margins unless Delta successfully passes costs to customers. Airlines brace for fuel shock as UBS sees revenue recovery as key earnings driver
• Negative Sentiment: Reports of major insider selling and recent price‑target reductions have created short‑term investor concern even as the stock has traded up at times — insider activity and lowered PTs can sap sentiment heading into earnings. Delta Air Lines Stock Gains Despite Price Target Reductions and Major Insider Selling

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.