Key Points:
- Delta Air Lines (DAL, Financial) faces challenges due to heightened geopolitical tensions and rising oil prices.
- Analysts offer an average price target of $59.62, indicating a potential upside of 26.31% from the current stock price.
- Despite potential risks, Delta is rated "Outperform" with a recommendation score of 1.9.
Delta Air Lines (DAL) experienced a slight decline in its stock during premarket trading as geopolitical tensions intensified after recent U.S. military actions in Iran. The airline, along with its industry peers, has made adjustments to its flight schedules across the Middle East. Additionally, the impact of rising oil prices poses a significant challenge by potentially inflating jet fuel costs, which could lead to increased operational expenses.
Wall Street Analysts' Forecast on Delta Air Lines
According to the one-year price targets provided by 19 analysts, the average target price for Delta Air Lines Inc (DAL, Financial) stands at $59.62. The estimates range from a high of $88.00 to a low of $36.77, suggesting considerable variance in analyst expectations. The consensus average price target implies a notable upside potential of 26.31% from the current stock price of $47.20. For a more comprehensive view of these estimates, visit the Delta Air Lines Inc (DAL) Forecast page.
The average brokerage recommendation derived from 23 firms rates Delta Air Lines Inc (DAL, Financial) at 1.9, denoting an "Outperform" status. This rating scale ranges from 1 to 5, where a score of 1 represents a Strong Buy and 5 indicates a Sell.
GuruFocus Value Analysis
Utilizing GuruFocus estimates, the projected GF Value for Delta Air Lines Inc (DAL, Financial) in the upcoming year is $44.74. This suggests a potential downside of 5.21% from the current trading price of $47.20. The GF Value reflects GuruFocus' valuation of what the stock should ideally trade at, based on historical trading multiples, as well as historical and projected business growth. For detailed insights, refer to the Delta Air Lines Inc (DAL) Summary page.
