TD Cowen Cuts Delta Air Lines (NYSE:DAL) Price Target to $71.00

Delta Air Lines (NYSE:DAL) had its target price cut by TD Cowen from $82.00 to $71.00 in a report issued on Monday morning, Marketbeat Ratings reports. They currently have a buy rating on the transportation company’s stock.

DAL has been the topic of a number of other reports. The Goldman Sachs Group lifted their price target on Delta Air Lines from $77.00 to $80.00 and gave the stock a “buy” rating in a research note on Wednesday, January 14th. Raymond James Financial restated a “strong-buy” rating and issued a $80.00 target price on shares of Delta Air Lines in a report on Friday, December 19th. Sanford C. Bernstein reaffirmed an “outperform” rating and issued a $81.00 target price on shares of Delta Air Lines in a research note on Wednesday, January 14th. Weiss Ratings lowered shares of Delta Air Lines from a “buy (b-)” rating to a “hold (c+)” rating in a report on Friday, March 6th. Finally, HSBC increased their price target on shares of Delta Air Lines from $73.70 to $80.20 and gave the company a “buy” rating in a research report on Wednesday, January 14th. One investment analyst has rated the stock with a Strong Buy rating, twenty-one have issued a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus price target of $79.93.

Delta Air Lines Stock Performance

Shares of DAL opened at $59.08 on Monday. Delta Air Lines has a 12-month low of $34.74 and a 12-month high of $76.39. The company has a current ratio of 0.40, a quick ratio of 0.34 and a debt-to-equity ratio of 0.60. The company has a market cap of $38.59 billion, a PE ratio of 7.70, a price-to-earnings-growth ratio of 0.57 and a beta of 1.34. The stock has a 50-day moving average price of $68.40 and a 200-day moving average price of $64.12.

Delta Air Lines (NYSE:DAL) last announced its earnings results on Tuesday, January 13th. The transportation company reported $1.55 earnings per share (EPS) for the quarter, topping the consensus estimate of $1.53 by $0.02. Delta Air Lines had a net margin of 7.90% and a return on equity of 20.96%. The company had revenue of $14.61 billion during the quarter, compared to analyst estimates of $15.80 billion. During the same period in the previous year, the business earned $1.85 earnings per share. The firm’s quarterly revenue was up 2.9% compared to the same quarter last year. 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, equities analysts forecast that Delta Air Lines will post 7.63 earnings per share for the current fiscal year.

Delta Air Lines Dividend Announcement

The business also recently declared a quarterly dividend, which will be paid on Thursday, March 19th. Stockholders of record on Thursday, February 26th will be given a $0.1875 dividend. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.3%. The ex-dividend date of this dividend is Thursday, February 26th. Delta Air Lines’s payout ratio is currently 9.78%.

Insider Transactions at Delta Air Lines

In other Delta Air Lines news, CEO Edward H. Bastian sold 100,000 shares of the stock in a transaction on Thursday, February 26th. The stock was sold at an average price of $70.26, for a total transaction of $7,026,000.00. Following the sale, the chief executive officer directly owned 1,363,448 shares in the company, valued at approximately $95,795,856.48. This trade represents a 6.83% decrease in their position. The sale was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, insider Peter W. Carter sold 27,000 shares of the stock in a transaction on Friday, February 6th. The shares were sold at an average price of $74.82, for a total value of $2,020,140.00. Following the sale, the insider directly owned 421,744 shares in the company, valued at $31,554,886.08. This trade represents a 6.02% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last 90 days, insiders sold 620,550 shares of company stock valued at $44,127,667. 0.88% of the stock is currently owned by corporate insiders.

Institutional Trading of Delta Air Lines

A number of hedge funds have recently bought and sold shares of the company. Vanguard Group Inc. lifted its holdings in Delta Air Lines by 2.3% during the second quarter. Vanguard Group Inc. now owns 74,572,577 shares of the transportation company’s stock valued at $3,667,479,000 after purchasing an additional 1,648,071 shares in the last quarter. Capital International Investors increased its stake in shares of Delta Air Lines by 4.4% in the fourth quarter. Capital International Investors now owns 24,211,101 shares of the transportation company’s stock worth $1,680,249,000 after purchasing an additional 1,012,265 shares in the last quarter. State Street Corp increased its stake in shares of Delta Air Lines by 0.7% in the fourth quarter. State Street Corp now owns 23,163,644 shares of the transportation company’s stock worth $1,607,557,000 after purchasing an additional 165,729 shares in the last quarter. Geode Capital Management LLC raised its position in shares of Delta Air Lines by 1.2% during the 4th quarter. Geode Capital Management LLC now owns 17,413,841 shares of the transportation company’s stock valued at $1,215,766,000 after purchasing an additional 202,865 shares during the period. Finally, Wellington Management Group LLP raised its position in shares of Delta Air Lines by 137.4% during the 4th quarter. Wellington Management Group LLP now owns 13,811,787 shares of the transportation company’s stock valued at $958,538,000 after purchasing an additional 7,994,004 shares during the period. Hedge funds and other institutional investors own 69.93% of the company’s stock.

Key Delta Air Lines News

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

• Positive Sentiment: Delta will present at the J.P. Morgan Industrials Conference on March 17, giving management a platform to update guidance, network plans and fuel/cost outlook — a potential catalyst for sentiment if commentary is constructive. Delta Air Lines to Present at the J.P. Morgan Industrials Conference
• Positive Sentiment: Some analysts remain bullish on Delta’s mid/long-term fundamentals and earnings power despite recent weakness; that ongoing conviction can support a valuation rebound if macro/geopolitical pressures ease. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Neutral Sentiment: Valuation debate: recent write-ups note DAL’s sharp pullback has made the stock more attractive on metrics vs. recent highs, but highlight a split between short-term risk and longer-term returns. Is Delta Air Lines (DAL) Pricing Look Attractive After Recent Share Price Weakness
• Neutral Sentiment: Market commentary flags that DAL has underperformed indexes recently; that underperformance can amplify both downside and upside moves as investors reprice risk. Is Delta Air Lines Stock Underperforming the Nasdaq?
• Negative Sentiment: TD Cowen downgraded Delta from “strong‑buy” to “hold,” lowering near‑term expectations and putting additional selling pressure on the name. TD Cowen Has Lowered Expectations for Delta Air Lines (NYSE:DAL) Stock Price
• Negative Sentiment: Geopolitical risk: Middle East airspace closures and canceled routes, plus surging jet‑fuel prices tied to the Iran conflict, are pressuring industry revenue and margins — a primary driver of the recent sector selloff. Major airline canceling Middle East flights ‘until later this year’
• Negative Sentiment: Sector analyst cuts and rising short‑term volatility after the Iran attacks have pressured airline stocks broadly; Delta is being re‑rated lower along with peers until fuel and demand visibility improve. Stock Market Today, March 10: American Airlines Falls After Analysts Cut Price Targets on Sector Pressures

Delta Air Lines Company Profile

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.