DAL Delta Air Lines, Inc.
Delta Air Lines, Inc. (DAL) trend channel, buy level and 3-month target on Trade The Path. Sector: Industrials. Listed on NYSE. Levels below are fitted to this ticker's own swing highs and lows (Theil–Sen, log-price), then projected 3 months. If this ticker has no settled sample yet, treat the numbers as a geometric read, not a track record. Information only, not financial advice.
Broken down below, rising on both timeframes
Price has closed below the channel. Support has failed — treat the buy target with caution.
The next few months are read from the last 12 months, not the last 18 months: that channel fits this stock's recent turns at least as well (55% against 49%) and it is the one price is respecting now. The last 18 months stay as context: rising, +59% a year. The nearest ceiling overhead is US$98.69, from the last 18 months. What would overturn this: a close below US$92.38 — the floor of the channel being read — after which the trend, not the entry, is what was wrong.
- 18 months read from
- US$92.50 – US$98.69 Rising channel, +59% a year
- Position in that channel
- -183% below the floor of it — 0% is the floor, 100% the ceiling
Price history, with the path projected 3 months forward
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- Dashed after today: projected 3 months
- Our buy
- Our target
Our target
No published call today because price has broken 14.5% below the channel floor, which is a fall out of the trend rather than a dip within it. No alerts are sent. The buy and target below are still this site's read of the fitted channel.
Buy now
US$77.90
last close · 16 Sept 2026
Channel buy is US$92.62; last close is the better price available now.
Our target
US$110.16
by 16 Dec 2026
Projected move
41.4%
gross, before costs
Last close is our buy — the best price available now.
- Upper line touches
- 6
- Lower line touches
- 3
- Fit confidence
- 49%
- Fitted
- 16 Sept 2026
About Delta Air Lines, Inc.
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and market presence in Amsterdam, Bogota, Lima, Mexico City, London-Heathrow, Paris-Charles de Gaulle, Santiago (Chile), Sao Paulo, Seoul-Incheon, and Tokyo. It also provides aircraft maintenance and engineering support, repair, and overhaul services; and vacation packages. The company operates through a fleet of approximately 1,314 aircraft. Delta Air Lines, Inc. was founded in 1924 and is headquartered in Atlanta, Georgia.
- Sector
- Industrials
- Industry
- Airlines, Airports & Air Services
- CEO
- Edward H. Bastian
- Employees
- 103,000
- Country
- US
Scorecard
Our own pillar scores, computed from the fundamentals below. They are not Morningstar ratings — that data is licensed and we do not redistribute it.
- Valuation
- 87/100
- Profitability
- 37/100
- Financial health
- 40/100
- Cash generation
- 67/100
Key statistics
- Market cap
- US$52.48B
- Enterprise value
- US$67.80B
- Beta
- 1.29
- Avg volume
- 6.62M
- Revenue per share
- 104.57
- Dividend yield
- 0.97%
- 52-week range
- 55.03-95.68
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 13.13
- PEG
- -1.07
- Price / sales
- 0.77
- Price / book
- 2.39
- EV / EBITDA
- 8.05
- Gross margin
- 27.32%
- Operating margin
- 8.08%
- Net margin
- 5.79%
- Current ratio
- 0.42
- Quick ratio
- 0.35
- Debt / equity
- 0.92
- Interest cover
- 8.85
Income statement
| Year | Revenue | Gross profit | Operating income | Net income | EPS |
|---|---|---|---|---|---|
| 2025 | US$63.36B | US$14.47B | US$5.82B | US$5.00B | US$7.66 |
| 2024 | US$61.64B | US$16.56B | US$6.00B | US$3.46B | US$5.33 |
| 2023 | US$58.05B | US$15.52B | US$5.52B | US$4.61B | US$7.17 |
| 2022 | US$50.58B | US$11.16B | US$3.66B | US$1.32B | US$2.06 |
| 2021 | US$29.90B | US$2.13B | US$1.89B | US$280.00M | US$0.44 |
Balance sheet
| Year | Total assets | Total liabilities | Total equity |
|---|---|---|---|
| 2025 | US$81.19B | US$60.43B | US$20.75B |
| 2024 | US$75.37B | US$60.08B | US$15.29B |
| 2023 | US$73.64B | US$62.54B | US$11.11B |
| 2022 | US$72.28B | US$65.71B | US$6.58B |
| 2021 | US$72.47B | US$68.57B | US$3.89B |
Cash flow
| Year | Operating cash flow | Free cash flow | Net income |
|---|---|---|---|
| 2025 | US$8.34B | US$3.84B | US$5.01B |
| 2024 | US$8.03B | US$2.88B | US$3.46B |
| 2023 | US$6.46B | US$1.14B | US$4.61B |
| 2022 | US$6.36B | -US$2.00M | US$1.32B |
| 2021 | US$3.26B | US$16.00M | US$280.00M |
EPS forecasts
| Period | Est. EPS | Est. revenue | Analysts |
|---|---|---|---|
| 2025 | US$5.80 | US$58.37B | 16 |
| 2026 | US$6.34 | US$66.44B | 11 |
| 2027 | US$8.57 | US$69.41B | 7 |
| 2028 | US$10.11 | US$73.13B | 6 |
| 2029 | US$11.32 | US$77.02B | 3 |
| 2030 | US$11.66 | US$82.98B | 2 |
Analyst view
- Target (mean)
- US$105.33
- Target (high)
- US$125.00
- Target (low)
- US$85.00
- Strong buy
- 1
- Buy
- 36
- Hold
- 8
- Sell
- 0
Trend lines are fitted statistically to past swing highs and lows and projected forward on the assumption the same rhythm continues. It often does not. This is information, not advice.