Delta Air Lines (NYSE:DAL) Price Target Raised to $83.00

Delta Air Lines (NYSE:DAL) had its target price lifted by research analysts at Seaport Research Partners from $81.00 to $83.00 in a note issued to investors on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the transportation company’s stock. Seaport Research Partners’ price target would indicate a potential upside of 22.35% from the company’s previous close.

A number of other brokerages have also commented on DAL. UBS Group raised their price target on Delta Air Lines from $83.00 to $84.00 and gave the company a “buy” rating in a report on Monday, March 23rd. Susquehanna lowered their target price on shares of Delta Air Lines from $85.00 to $81.00 and set a “positive” rating on the stock in a research note on Thursday, April 2nd. HSBC reduced their price target on shares of Delta Air Lines from $80.20 to $79.30 and set a “buy” rating for the company in a research note on Thursday. Dbs Bank raised Delta Air Lines to a “moderate buy” rating in a research note on Monday, January 19th. Finally, Wolfe Research cut their target price on shares of Delta Air Lines from $81.00 to $73.00 and set an “outperform” rating for the company in a research note on Tuesday. One analyst has rated the stock with a Strong Buy rating, twenty-three have assigned a Buy rating, one has issued a Hold rating and one has issued a Sell rating to the stock. Based on data from MarketBeat.com, the company currently has an average rating of “Moderate Buy” and a consensus price target of $78.85.

Delta Air Lines Stock Performance

Shares of NYSE DAL opened at $67.84 on Thursday. Delta Air Lines has a 12-month low of $38.66 and a 12-month high of $76.39. The company has a market cap of $44.31 billion, a PE ratio of 8.87, a P/E/G ratio of 0.72 and a beta of 1.31. The stock has a 50 day simple moving average of $66.52 and a 200-day simple moving average of $64.73. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60.

Delta Air Lines (NYSE:DAL) last posted its earnings results on Wednesday, April 8th. The transportation company reported $0.64 EPS for the quarter, missing the consensus estimate of $0.70 by ($0.06). The business had revenue of $14.20 billion during the quarter, compared to analyst estimates of $14.70 billion. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The firm’s revenue was up 9.4% compared to the same quarter last year. During the same quarter in the prior year, the business earned $0.46 earnings per share. On average, equities research analysts forecast that Delta Air Lines will post 7.63 EPS for the current year.

Insider Buying and Selling at Delta Air Lines

In other Delta Air Lines news, EVP Steven M. Sear sold 38,600 shares of the 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 $7,835,520.20. This represents a 26.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Peter W. Carter sold 27,000 shares of Delta Air Lines stock in a transaction on Friday, February 6th. The shares were sold at an average price of $74.82, for a total transaction of $2,020,140.00. Following the sale, the insider directly owned 421,744 shares of the company’s stock, valued at $31,554,886.08. This trade represents a 6.02% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 620,550 shares of company stock valued at $44,127,667 in the last 90 days. Corporate insiders own 0.88% of the company’s stock.

Institutional Trading of Delta Air Lines

Several large investors have recently made changes to their positions in DAL. Capital International Investors increased its holdings in Delta Air Lines by 4.4% in the 4th quarter. Capital International Investors now owns 24,211,101 shares of the transportation company’s stock valued at $1,680,249,000 after buying an additional 1,012,265 shares during the period. State Street Corp grew its stake in shares of Delta Air Lines by 0.7% during the 4th quarter. State Street Corp now owns 23,163,644 shares of the transportation company’s stock worth $1,607,557,000 after acquiring an additional 165,729 shares in the last quarter. Geode Capital Management LLC increased its position in shares of Delta Air Lines by 1.2% in the fourth quarter. Geode Capital Management LLC now owns 17,413,841 shares of the transportation company’s stock valued at $1,215,766,000 after acquiring an additional 202,865 shares during the last quarter. Wellington Management Group LLP raised its holdings in Delta Air Lines by 137.4% during the fourth quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock worth $958,538,000 after acquiring an additional 7,994,004 shares in the last quarter. Finally, Morgan Stanley boosted its position in Delta Air Lines by 0.5% during the fourth quarter. Morgan Stanley now owns 12,310,804 shares of the transportation company’s stock valued at $854,370,000 after purchasing an additional 56,455 shares during the last quarter. Institutional investors own 69.93% of the company’s stock.

Delta Air Lines News Summary

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

• Positive Sentiment: Q1 results and management commentary showed resilience — Delta reported adjusted Q1 EPS of $0.64 and strong revenue/operational metrics, and the earnings call highlighted demand strength and margin actions that convinced investors the beat is sustainable. Delta Q1 2026 Earnings Call Transcript
• Positive Sentiment: Geopolitical relief pushed oil down — a U.S.-Iran ceasefire reduced near‑term oil risk, lifting airline sentiment and improving Delta’s fuel outlook (short‑term tailwind to margins). Airline Stocks Jump on Ceasefire
• Positive Sentiment: Refinery ownership is turning into a cash edge — Delta expects roughly a $300M refinery benefit to help Q2 profit, which differentiates it from peers facing raw fuel inflation. DAL sees $300M refinery benefit
• Neutral Sentiment: Analyst actions are mixed — Wolfe Research trimmed its price target to $73 but kept an Outperform rating, signaling continued analyst support despite a more cautious view on upside. Wolfe Research Lowers Price Target
• Neutral Sentiment: Unusually heavy options activity — large volumes of call buying suggest speculative bullish interest that can amplify intraday moves but also raises short‑term volatility risk. Unusually High Options Trading
• Negative Sentiment: Fuel spike forces strategic pullbacks — management said it will meaningfully cut planned capacity growth and flagged a multi‑billion dollar increase in fuel expense at the forward curve, which pressures near‑term margins and guidance. Delta hits brakes on growth plans
• Negative Sentiment: Revenue actions could hurt demand perception — Delta raised checked-bag fees to help offset higher jet fuel; this improves yields but could dampen PR and price‑sensitive demand if fuel concerns persist. Delta Baggage Fee Hike Highlights Fuel Shock

About Delta Air Lines

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.