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Delta Air Lines remains a buy with 23% upside despite fuel cost risks, Q3 revenue strong at $18.99B.

Analyst Insights
02 Oct 2026
Seeking Alpha
View Source
Bullish
Delta Air Lines remains a buy with 23% upside despite fuel cost risks, Q3 revenue strong at $18.99B.

Delta Air Lines is rated a buy with a revised price target of $103.26, indicating a 23% potential gain despite challenges from macroeconomic factors and high fuel costs. The airline expects strong third-quarter revenue of $18.99 billion, though earnings per share estimates are cautious due to oil price concerns. Delta's advanced cabin segmentation, asset optimization, and in-house refinery help maintain margins and resilience amid industry cost pressures. Improved sales, EBITDA, and free cash flow projections through 2028 highlight the strength of Delta's strategy and financial position.

Delta Air Lines shares trade at USD 83.94 on Pluang as of Oct 02, 2026 21:51 WIB, below their 52-week high of USD 93.66 but well above the 52-week low of USD 55.65. Despite a 1-day decline of 0.23%, the stock's market cap stands at $55.33 billion, reflecting substantial investor interest. Notably, Pluang order activity heavily favors selling at 93%, contrasting with the positive outlook and revised price target mentioned in the article.

More News (DAL)

Delta Air Lines stock holds strong buy rating with shares at $84.13 amid positive analyst outlook.

Delta Air Lines stock holds strong buy rating with shares at $84.13 amid positive analyst outlook.

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