Delta Air Lines (NYSE:DAL) Given New $78.00 Price Target at Bank of America

Delta Air Lines (NYSE:DAL) had its target price trimmed by Bank of America from $80.00 to $78.00 in a report released on Wednesday,MarketScreener reports. The firm currently has a buy rating on the transportation company’s stock.

A number of other research firms have also recently commented on DAL. Argus set a $80.00 target price on shares of Delta Air Lines in a research report on Wednesday, January 14th. BMO Capital Markets reiterated an “outperform” rating on shares of Delta Air Lines in a research report on Wednesday, January 14th. Barclays upped their price objective on shares of Delta Air Lines from $65.00 to $85.00 and gave the stock an “overweight” rating in a report on Monday, January 12th. Zacks Research cut shares of Delta Air Lines from a “hold” rating to a “strong sell” rating in a research report on Tuesday, March 17th. Finally, Raymond James Financial reiterated a “strong-buy” rating and issued a $80.00 target price on shares of Delta Air Lines in a report on Friday, December 19th. Two investment analysts have rated the stock with a Strong Buy rating, twenty-one have assigned a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the company’s stock. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and an average target price of $78.80.

Delta Air Lines Price Performance

DAL stock opened at $67.91 on Wednesday. Delta Air Lines has a 52-week low of $34.74 and a 52-week high of $76.39. The company has a quick ratio of 0.34, a current ratio of 0.40 and a debt-to-equity ratio of 0.60. The stock has a market cap of $44.35 billion, a price-to-earnings ratio of 8.85, a price-to-earnings-growth ratio of 0.68 and a beta of 1.30. The business has a fifty day moving average of $66.57 and a two-hundred day moving average of $64.45.

Delta Air Lines (NYSE:DAL) last announced its quarterly earnings results on Tuesday, January 13th. The transportation company reported $1.55 EPS for the quarter, beating the consensus estimate of $1.53 by $0.02. The business had revenue of $14.61 billion for the quarter, compared to analyst estimates of $15.80 billion. Delta Air Lines had a return on equity of 20.96% and a net margin of 7.90%.The company’s quarterly revenue was up 2.9% on a year-over-year basis. During the same quarter in the prior year, the company posted $1.85 EPS. Delta Air Lines has set its Q1 2026 guidance at 0.500-0.900 EPS and its FY 2026 guidance at 6.500-7.500 EPS. As a group, research analysts anticipate that Delta Air Lines will post 7.63 earnings per share for the current year.

Delta Air Lines Announces Dividend

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th were given a dividend of $0.1875 per share. This represents a $0.75 annualized dividend and a dividend yield of 1.1%. The ex-dividend date of this dividend was Thursday, February 26th. Delta Air Lines’s dividend payout ratio is currently 9.78%.

Insiders Place Their Bets

In other Delta Air Lines news, EVP Rahul D. Samant sold 62,528 shares of the stock in a transaction that occurred on Thursday, February 5th. The shares were sold at an average price of $70.18, for a total transaction of $4,388,215.04. Following the sale, the executive vice president directly owned 20,939 shares in the company, valued at $1,469,499.02. This represents a 74.91% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through this link. Also, EVP Erik Storey Snell sold 39,420 shares of the firm’s stock in a transaction that occurred on Friday, January 16th. The shares were sold at an average price of $71.02, for a total transaction of $2,799,608.40. Following the completion of the transaction, the executive vice president directly owned 35,625 shares of the company’s stock, valued at $2,530,087.50. This represents a 52.53% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 620,550 shares of company stock valued at $44,127,667. 0.88% of the stock is owned by company insiders.

Institutional Trading of Delta Air Lines

A number of large investors have recently modified their holdings of DAL. AlphaQuest LLC boosted its holdings in Delta Air Lines by 90.6% in the third quarter. AlphaQuest LLC now owns 444 shares of the transportation company’s stock valued at $25,000 after purchasing an additional 211 shares during the period. Accredited Wealth Management LLC increased its holdings in Delta Air Lines by 1,983.3% during the 3rd quarter. Accredited Wealth Management LLC now owns 500 shares of the transportation company’s stock worth $28,000 after purchasing an additional 476 shares during the period. Lloyd Advisory Services LLC. purchased a new stake in Delta Air Lines during the 4th quarter worth about $31,000. SWAN Capital LLC raised its position in Delta Air Lines by 1,016.0% in the 3rd quarter. SWAN Capital LLC now owns 558 shares of the transportation company’s stock valued at $32,000 after purchasing an additional 508 shares in the last quarter. Finally, Camelot Portfolios LLC acquired a new stake in Delta Air Lines in the 4th quarter valued at about $34,000. Hedge funds and other institutional investors own 69.93% of the company’s stock.

More Delta Air Lines News

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

• Positive Sentiment: Delta signed a major deal with Amazon to install Leo satellite internet on hundreds of planes (initial rollout of ~500 jets starting in 2028), which should improve passenger experience, ancillary revenue potential and competitiveness versus Starlink. Delta taps Amazon Leo for in-flight Wi-Fi
• Positive Sentiment: Delta’s SkyMiles was ranked the world’s most valuable airline loyalty program (~$31B), supporting high-margin loyalty economics and long-term cash generation. SkyMiles valuation
• Positive Sentiment: Jefferies raised its price target to $78 (maintained Buy), signaling incremental analyst conviction on upside. Jefferies raises PT
• Positive Sentiment: Coverage and commentary note that Wall Street remains confident in Delta despite elevated oil prices, which supports the stock’s resilience. Wall Street confidence despite oil
• Neutral Sentiment: Bank of America trimmed its PT to $78 from $80 but kept a Buy rating — a modest tweak rather than a negative reassessment. BofA adjusts PT
• Neutral Sentiment: Raymond James lowered its PT to $76 from $80 but retained a Strong‑Buy — another slight PT haircut while keeping a bullish stance. Raymond James adjusts PT
• Neutral Sentiment: Market coverage shows an average analyst view of “Moderate Buy,” indicating consensus support but not unanimous conviction. Analyst consensus
• Neutral Sentiment: Market commentary and intraday data noted the stock moved higher in recent sessions, reflecting these factors and active trading. Zacks market note
• Negative Sentiment: A Zacks earnings preview warns Delta may lack the right mix of revenue and cost beats to outperform in the upcoming report, flagging near-term downside risk around the next earnings print. Earnings preview

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.