Delta Air Lines (NYSE:DAL) Given New $115.00 Price Target at Morgan Stanley

Posted by Hanz Christensen on Jul 7th, 2026

Delta Air Lines (NYSE:DAL – Free Report) had its price objective raised by Morgan Stanley from $105.00 to $115.00 in a research report released on Monday, MarketBeat.com reports. The brokerage currently has an overweight rating on the transportation company’s stock.

A number of other brokerages have also commented on DAL. Bank of America boosted their price target on Delta Air Lines from $93.00 to $100.00 and gave the company a “buy” rating in a report on Wednesday, July 1st. Sanford C. Bernstein upped their price target on Delta Air Lines from $88.00 to $93.00 and gave the stock an “outperform” rating in a research report on Wednesday, June 17th. Barclays lifted their price objective on shares of Delta Air Lines from $85.00 to $105.00 and gave the company an “overweight” rating in a report on Thursday, June 25th. Seaport Research Partners increased their target price on shares of Delta Air Lines from $81.00 to $83.00 and gave the stock a “buy” rating in a report on Thursday, April 9th. Finally, Susquehanna lowered their price target on shares of Delta Air Lines from $81.00 to $78.00 and set a “positive” rating on the stock in a research note on Thursday, April 9th. Twenty-four research analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and a consensus price target of $93.60.

Read Our Latest Report on Delta Air Lines

Delta Air Lines Stock Performance

NYSE:DAL traded down $1.65 during trading hours on Monday, hitting $90.03. 721,371 shares of the company traded hands, compared to its average volume of 9,748,486. The company has a current ratio of 0.42, a quick ratio of 0.36 and a debt-to-equity ratio of 0.54. Delta Air Lines has a twelve month low of $49.83 and a twelve month high of $95.68. The firm has a 50-day moving average of $78.99 and a 200 day moving average of $71.91. The stock has a market capitalization of $59.15 billion, a price-to-earnings ratio of 13.14, a P/E/G ratio of 1.39 and a beta of 1.29.

Delta Air Lines (NYSE:DAL – Get Free Report) last released its quarterly earnings results on Wednesday, April 8th. The transportation company reported $0.64 earnings per share for the quarter, beating analysts’ consensus estimates of $0.61 by $0.03. Delta Air Lines had a return on equity of 20.28% and a net margin of 6.87%.The firm had revenue of $14.20 billion during the quarter, compared to analysts’ expectations of $14.05 billion. During the same period last year, the firm posted $0.46 EPS. The business’s revenue was up 9.4% on a year-over-year basis. On average, analysts forecast that Delta Air Lines will post 5.47 EPS for the current year.

Delta Air Lines Increases Dividend

The business also recently declared a quarterly dividend, which will be paid on Thursday, July 30th. Investors of record on Thursday, July 9th will be issued a $0.215 dividend. This is an increase from Delta Air Lines’s previous quarterly dividend of $0.19. The ex-dividend date of this dividend is Thursday, July 9th. This represents a $0.86 dividend on an annualized basis and a dividend yield of 1.0%. Delta Air Lines’s payout ratio is presently 10.93%.

Insiders Place Their Bets

In other news, EVP Allison C. Ausband sold 9,710 shares of the company’s stock in a transaction on Friday, May 22nd. The shares were sold at an average price of $76.00, for a total value of $737,960.00. Following the completion of the sale, the executive vice president owned 138,854 shares of the company’s stock, valued at approximately $10,552,904. This represents a 6.54% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through this link. Also, EVP John E. Laughter sold 69,304 shares of the firm’s stock in a transaction dated Friday, April 10th. The stock was sold at an average price of $68.15, for a total transaction of $4,723,067.60. Following the completion of the sale, the executive vice president directly owned 69,369 shares of the company’s stock, valued at approximately $4,727,497.35. This represents a 49.98% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders sold a total of 149,635 shares of company stock worth $10,833,855 in the last quarter. 0.80% of the stock is owned by company insiders.

Institutional Investors Weigh In On Delta Air Lines

Several hedge funds and other institutional investors have recently added to or reduced their stakes in the company. 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 acquiring an additional 1,012,265 shares during the last quarter. State Street Corp raised its holdings 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 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 worth $1,215,766,000 after purchasing an additional 202,865 shares during the last quarter. Wellington Management Group LLP raised its stake 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 valued at $958,538,000 after purchasing an additional 7,994,004 shares in the last quarter. Finally, Morgan Stanley increased its holdings in shares of Delta Air Lines by 0.5% in the 4th quarter. Morgan Stanley now owns 12,310,804 shares of the transportation company’s stock worth $854,370,000 after buying an additional 56,455 shares during the last quarter. 69.93% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about Delta Air Lines

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

Positive Sentiment: Susquehanna raised its price target on Delta Air Lines to $108 from $78 and maintained a positive rating, implying meaningful upside from current levels. Susquehanna Raises Delta Air Lines Price Target to $108
Positive Sentiment: Morgan Stanley also lifted its target to $115 from $105 and kept an overweight rating, signaling continued Wall Street confidence in Delta’s earnings and travel demand outlook. Morgan Stanley Raises Delta Air Lines Price Target to $115
Positive Sentiment: Delta is heading into Q2 earnings with bullish commentary around a potentially strong summer travel season, which could become a near-term catalyst if results and guidance beat expectations. Delta Air Lines Is About to Report Q2 Earnings. Here’s Why This Could Be Its Biggest Summer Yet.
Neutral Sentiment: Delta was added to the Russell 1000, which can improve index visibility and passive fund ownership, but is usually a modest longer-term factor rather than an immediate earnings driver. What Does Russell 1000 Inclusion Mean for Delta Air Lines
Neutral Sentiment: Broader market strength and a calmer economic backdrop may be supporting airline shares, but that effect is not specific to Delta. Review & Preview: Monday Mojo
Negative Sentiment: Some traders are taking profits after Delta’s strong run, and one report said the stock slipped premarket as Wall Street’s optimism faced a reality check ahead of earnings. DAL Stock Slips Premarket: Delta Airlines’ Rally Faces Wall Street Reality Check Ahead Of Earnings
Negative Sentiment: Despite lower jet-fuel prices, airlines are not cutting fares much, suggesting pricing remains competitive and limiting the margin benefit investors might have expected. Jet-Fuel Prices Have Plunged but Aren’t Resulting in Much Lower Fares

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.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.