Delta Air Lines (NYSE:DAL) Price Target Raised to $79.00

Delta Air Lines (NYSE:DAL) had its price objective increased by investment analysts at Citigroup from $77.00 to $79.00 in a research report issued on Thursday,MarketScreener reports. The firm currently has a “buy” rating on the transportation company’s stock. Citigroup’s price objective would suggest a potential upside of 16.45% from the stock’s previous close.

Other equities research analysts have also recently issued reports about the stock. Evercore boosted their price target on shares of Delta Air Lines from $75.00 to $85.00 and gave the company an “outperform” rating in a research report on Friday, January 9th. Susquehanna reduced their target price on Delta Air Lines from $85.00 to $81.00 and set a “positive” rating for the company in a report on Thursday, April 2nd. Wells Fargo & Company decreased their target price on Delta Air Lines from $87.00 to $75.00 and set an “overweight” rating for the company in a research report on Monday, March 16th. Bank of America cut their price target on Delta Air Lines from $80.00 to $78.00 and set a “buy” rating on the stock in a research report on Wednesday, April 1st. Finally, TD Cowen reduced their price objective on Delta Air Lines to $76.00 and set a “buy” rating for the company in a research note on Thursday, April 2nd. One investment analyst has rated the stock with a Strong Buy rating, twenty-three have issued a Buy rating, one has given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat.com, Delta Air Lines presently has a consensus rating of “Moderate Buy” and an average price target of $78.85.

Delta Air Lines Stock Performance

Shares of Delta Air Lines stock opened at $67.84 on Thursday. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. Delta Air Lines has a 52 week low of $38.66 and a 52 week high of $76.39. The firm’s 50 day moving average is $66.52 and its two-hundred day moving average is $64.73. The firm has a market capitalization of $44.31 billion, a P/E ratio of 8.87, a P/E/G ratio of 0.72 and a beta of 1.31.

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

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, EVP Erik Storey Snell sold 39,420 shares of the business’s stock in a transaction on Friday, January 16th. The shares were sold at an average price of $71.02, for a total value of $2,799,608.40. Following the transaction, the executive vice president directly owned 35,625 shares of the company’s stock, valued at approximately $2,530,087.50. The trade was a 52.53% decrease in their position. The sale was disclosed in a filing with the SEC, which can be accessed through the SEC website. Also, CEO Edward H. Bastian sold 173,230 shares of the company’s stock in a transaction on Thursday, January 15th. The stock was sold at an average price of $71.00, for a total transaction of $12,299,330.00. Following the transaction, the chief executive officer owned 632,823 shares of the company’s stock, valued at approximately $44,930,433. The trade was a 21.49% 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 worth $44,127,667 over the last quarter. 0.88% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

Large investors have recently added to or reduced their stakes in the company. Rockefeller Capital Management L.P. boosted its holdings in Delta Air Lines by 31.2% in the 4th quarter. Rockefeller Capital Management L.P. now owns 532,690 shares of the transportation company’s stock valued at $36,969,000 after purchasing an additional 126,566 shares in the last quarter. World Investment Advisors raised its stake in shares of Delta Air Lines by 16.8% during the 4th quarter. World Investment Advisors now owns 14,957 shares of the transportation company’s stock worth $1,038,000 after buying an additional 2,147 shares in the last quarter. PeakShares LLC purchased a new position in shares of Delta Air Lines during the 4th quarter worth approximately $181,000. Corient Private Wealth LLC lifted its holdings in shares of Delta Air Lines by 29.3% in the 4th quarter. Corient Private Wealth LLC now owns 189,365 shares of the transportation company’s stock valued at $13,142,000 after buying an additional 42,895 shares during the period. Finally, Worthington Financial Partners LLC acquired a new stake in shares of Delta Air Lines in the 4th quarter valued at approximately $666,000. 69.93% of the stock is owned by hedge funds and other institutional investors.

More Delta Air Lines News

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.