DAL Delta Air Lines, Inc.
Trend channel, buy level and 3-month target. Information only, not financial advice.
At the channel floor · 12-month channel rising
Price is on the lower line, where it has held before.
- 18-month channel
- US$81.79 – US$104.35 · rising, +49% a year
- 12-month channel read from
- US$81.31 – US$104.20 · rising, +41% a year
- Price in channel
- −5.1% (0% = floor, 100% = ceiling)
- Ceiling overhead
- US$104.20
- Published levels
- Buy and target are not from this channel — see below.
What broke this trend
- The fall
- -20% from US$93.4530 June 2026 → 19 Oct 2026
- Whose problem it was
- This company0 of 1 Airlines, Airports & Air Services peers fell with it
- Does it resolve?
- Temporary falls like it have resolved on the record
- Regained so far
- 29%of what it lost
- What the record says
- 92% of 897 comparable falls came back, typically in 59 days measured across every stock we hold history for, its peer group being too small
Fell -20% (30 June 2026 → 19 Oct 2026); regained 29% so far; company-specific.
Reported at the time: Evercore ISI Group Maintains Outperform on Delta Air Lines, Raises Price Target to $105 — 25 June 2026
Price history, with the path projected 3 months forward
Updated 12:46 PM ET (23 h ago)
- Daily close
- Upper trend line (18 months)
- Lower trend line (18 months)
- The same lines over the last 12 months
- Dashed after today: projected 3 months
- Our buy
- Our target
Suggested path
Buy at or below
US$77.39
level as at 18 Nov 2026
Our target
US$100.61
by 25 Dec 2026
Projected move
30.0%
gross, before costs
Price is between our buy and target.
Target: DAL's usual move size (30.0%), the best return per day on this path.
This move size: reached in 20% of 9 past stretches, typically in 55 days. (0.55% per day)
- Upper line touches
- 6
- Lower line touches
- 4
- Fit confidence
- 63%
- Fitted
- 1 Nov 2026
Company information
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
- 100,000
- Country
- US
Scorecard
Our own scores from the fundamentals below (not Morningstar ratings).
- Valuation
- 84/100
- Profitability
- 30/100
- Financial health
- 41/100
- Cash generation
- 66/100
Key statistics
- Market cap
- US$52.86B
- Enterprise value
- US$67.91B
- Beta
- 1.34
- Avg volume
- 6.67M
- Revenue per share
- 109.62
- Dividend yield
- 1.00%
- 52-week range
- 55.03-95.68
- Exchange
- NYSE
Key ratios
- P/E (TTM)
- 15.94
- PEG
- -0.54
- Price / sales
- 0.74
- Price / book
- 2.34
- EV / EBITDA
- 9.21
- Gross margin
- 29.90%
- Operating margin
- 7.36%
- Net margin
- 4.58%
- Current ratio
- 0.40
- Quick ratio
- 0.32
- Debt / equity
- 0.84
- Interest cover
- 8.84
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$5.43 | US$67.00B | 13 |
| 2027 | US$7.41 | US$71.52B | 9 |
| 2028 | US$9.79 | US$74.52B | 7 |
| 2029 | US$11.52 | US$78.85B | 2 |
| 2030 | US$11.86 | US$85.23B | 4 |
Analyst view
- Target (mean)
- US$103.50
- Target (high)
- US$125.00
- Target (low)
- US$95.00
- Strong buy
- 1
- Buy
- 36
- Hold
- 8
- Sell
- 0
Trend lines are fitted to past swing highs and lows and may not continue. Information only, not financial advice.