Insider buying last 90 days
No open-market insider purchases were filed for DAL in the last 90 days.
From Form 4 filings, dated to when each was filed.
Every DAL insider filing, plotted on the chart in Gekko.Open DAL in Gekko
NYSE: DAL
Delta Air Lines (DAL) Stock Analysis & Forecast
$79.62+0.19 (+0.2%)
Close on Sep 18, 2026. Page updated Sep 19, 9:17 pm ET.
Gekko Brief
AI summaryDelta Air Lines closes at $79.62, up 0.2%, sitting between its 50-day average of $84.37 and 200-day average of $75.03, with one-month performance at -4.4% against a six-month gain of 22.5%. The GekkoIndex reads 62.1, placing the stock in the Accumulation zone, while price stands 13.4% below the Gekko Fair Value of $91.98.
This week's news centers on the upcoming September quarter results, with Delta confirming a conference call and webcast for 9 October 2026 to discuss financial performance. Coverage also highlights the company's 52-week rally of 35% relative to the broader industrial sector, alongside commentary on its refinery operations as a source of fuel-cost advantage versus airline peers. Separately, Delta and Hyatt announced a long-term strategic loyalty collaboration linking World of Hyatt and Delta SkyMiles programs, and Wall Street sentiment coverage notes the stock's bullish analyst backdrop.
Looking ahead, earnings are scheduled for 8 October 2026, 18 days out and within a typical 20-trading-day holding window; the prior quarter saw EPS of $1.56 against a $1.51 estimate, with a 0.1% reaction and 6 beats in the last 8 quarters. Options activity shows 2 unusual signals over the past 30 days, with call premium of $5,856,969 versus put premium of $74,225. Consensus among 18 covering firms stands entirely at buy, with a target of $103.40. Seasonality over 5 years shows an average 20-day return of 0.6%, positive in 2 of those years.
Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.
Price vs fair value
Close $79.62200-day averageGekko Fair Value $91.98
Key stats
- Market cap
- $52.36B
- P/E ratio
- 12.9
- Forward P/E
- 9
- EPS, TTM
- $6.15
- Revenue, TTM
- $68.29B
- Profit margin
- 5.8%
- Dividend yield
- 1.00%
- Beta
- 1.29
- Volume
- 24.88M avg 6.27M
- 1-year return
- +35.4%
- Typical daily move
- ±2.7%
- Typical 20-day move
- ±8.4%
- 50-day average
- $84.37
- 200-day average
- $75.03
- Next earnings
- Oct 8
- Shares outstanding
- 657.6M
Delta Air Lines swing-trade checklist
Delta Air Lines scores 3 supportive, 2 mixed and 1 headwind across the 6 checklist items with data.
Six things swing traders check before a 20-day hold, read from the latest data.
3 supportive2 mixed1 headwind
- Trendmixed
Averages disagree
Close $79.62 sits between the 50-day ($84.37) and 200-day ($75.03) averages, or the averages disagree.
See the chart - GekkoIndexsupportive
62.1, Accumulation
Reading 62.1 is in the Accumulation zone.
See the GekkoIndex - Fair valuesupportive
13.4% below
Price is 13.4% below Gekko Fair Value (more than 5% below).
See fair value - Smart moneysupportive
Leans bullish
Last 30 days: 2 unusual options signals.
See smart money - Earnings riskheadwind
Reports in 18 days
Reports on Oct 8, 2026, 18 days away — inside a typical 20-trading-day hold.
See earnings - Seasonalitymixed
+0.6% on average
From this point in the calendar, the next 20 trading days averaged +0.6% over 5 years, rising in 2 of them.
See seasonality
A description of current data, not a recommendation. How this page works
Delta Air Lines stock chart and price history
Delta Air Lines closed at $79.62 on Sep 18, 2026, +35.4% over the past year, inside a 52-week range of $55.03 to $95.68.
Close50-day average200-day averageVolume
Use the left and right arrow keys to read daily values.
Performance Breakdown
- 1 month
- −4.4%
- 3 months
- −5.4%
- 6 months
- +22.5%
- 1 year
- +35.4%
The full DAL chart adds GekkoIndex, insider, options, Congress and hedge fund markers, plus TrendCandles™.Open DAL in Gekko
Follow Delta Air Lines through every session
Put DAL on a Gekko watchlist and see its GekkoIndex, Gekko Fair Value and smart money signals update on the chart as they change.
Track DAL in GekkoFree for 7 days. No credit card required.
About Delta Air Lines
Delta Air Lines carries passengers and freight by air across domestic and international routes, serving travelers who need scheduled flights within the United States and to destinations abroad. It is widely recognized for its extensive route network built around a system of major hub airports.
The company runs its business through two segments, Airline and Refinery, and maintains domestic hubs in cities such as Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, along with coastal gateway airports including Boston, Los Angeles, and both New York-area airports, plus Seattle. Internationally, it connects through hubs and market positions in cities like Amsterdam, London, Paris, Tokyo, and Seoul, among others. Beyond flying passengers and cargo, Delta also offers aircraft maintenance, repair, and overhaul work, as well as vacation packages, and it flies a fleet of roughly 1,314 aircraft.
Delta Air Lines was founded in 1924 and is based in Atlanta, Georgia. Its shares are listed on the NYSE under the ticker DAL.
- Listed
- NYSE
- Sector
- Transportation
- Industry
- Airlines
- Website
- delta.com
Delta Air Lines GekkoIndex: the smart money zone
Delta Air Lines’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.1, in the Accumulation zone, down 2.2 points over five sessions.
62.1Accumulation
Down 2.2 points over five sessions.
Reading for Sep 18, 2026
What followed past readings in each zone
| Zone | Readings | 5 days | 20 days | ||
|---|---|---|---|---|---|
| Buying | 27 | +2.4% | +2.0% | ||
| Accumulation (current zone) | 163 | −0.4% | +1.6% | ||
| Neutral | 426 | +1.2% | +3.2% | ||
| Distribution | 45 | −0.5% | +5.6% | ||
| Selling | 1 | Too few readings yet | |||
Average DAL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.
Accumulation zone: Institutional interest building. About the five zones →
See every daily GekkoIndex reading plotted over the DAL price, zone by zone.Track DAL in Gekko
Is Delta Air Lines stock overvalued? Gekko Fair Value
Delta Air Lines trades 13.4% below Gekko Fair Value of $91.98, so the shares are undervalued on Gekko’s estimate.
Gekko’s own estimate of what Delta Air Lines shares are worth, recalculated every trading day.
$91.98
Gekko Fair Value, Sep 19, 2026
13.4% Undervalued
Gekko Fair Value on every chart, with the gap to price updating daily.Open DAL in Gekko
Delta Air Lines insider and Congress trading
No open-market insider purchases were filed for Delta Air Lines, and no Congress trades were disclosed, in the last 90 days.
Plus buybacks, unusual options and fund positions, each dated to when it became public.
Congress trades last 90 days
No trades in DAL were disclosed by members of Congress in the last 90 days.
From congressional disclosures, which report amounts as ranges.
Congress disclosures for DAL, plotted on the chart in Gekko.Open DAL in Gekko
Buybacks
Delta Air Lines has been buying back its own shares.
- Bought back, year ended Dec 31, 2020
- $344.0M
- As a share of market cap
- 0.66%
From company filings.
Unusual options activity last 30 days
2signals, 99% of the flagged premium in calls.
Latest: Bullish flow on Aug 29, $3.80M in unusual premium.
Hedge funds and billionaires quarter ended Jun 30
4of the funds Gekko tracks hold DAL.
2added1opened1trimmed0sold out
Every signal with its contract, strike and premium, and which funds are on each side.Unlock in Gekko
Delta Air Lines earnings: next date and track record
Delta Air Lines reports on Oct 8, 2026 (18 days away), and beat the EPS estimate in 6 of its last 8 reports.
Next earnings report
Oct 8, 2026
18 days away
- EPS estimate
- $2.01
- Revenue estimate
- $17.59B
6 of 8reports beat the EPS estimate
±4.5%average move across the report
7 of 8reports followed by a gain
Share-price move across each report
Last earnings call, Jul 9, 2026 AI summary
- What they said
- Delta Air Lines June Quarter 2026 earnings call highlighted strong financial and operational performance. Management reported record revenue, double-digit revenue growth (14% YoY), pretax profit of $1.4 billion, EPS of $1.56, and an operating margin of ~9%. Key drivers include sustained demand, diversified revenue streams (premium, loyalty, cargo, MRO), strong corporate sales, and investment in customer experience and technology. Management emphasized workforce investments (4% pay increase, profit-sharing accrual) and operational improvements (on-time performance, baggage handling, NPS improvements). Fuel was a major headwind: total fuel expense $4.4B, price per gallon $3.93, refinery outage/benefit dynamics discussed; refinery remains strategic and expected to be highly profitable in 2026. Cost headwinds included nonfuel unit costs up 6.8% YoY driven by crew/revenue-related costs. Balance sheet strengthened with adjusted net debt $13.6B and target gross leverage 2x by year-end, moving toward 1x long-term. Guidance: September quarter revenue growth mid-teens vs. prior year; capacity Q3 +1%, Q4 +2-3%; nonfuel unit cost expected to modestly improve in Q3 with further improvement in Q4; refinery net benefit ~$0.05 in Q3 after outage tail; expected gross leverage to reach 2x by year-end; free cash flow generation and shareholder returns (15% dividend increase). Risks: elevated fuel prices and sticky crack spreads, refinery outage tail, macro uncertainties (Middle East impacts on refineries), aircraft/engine supply constraints and quality issues, potential competitor pricing responses from low-cost carriers, labor costs and new contracts, capacity management risks. Overall tone bullish and confident with measured hedging around fuel and macro risks.
- Guidance
- - September quarter (Q3) revenue growth expected mid-teens vs. prior year; Q3 capacity +1%, Q4 capacity planned +2% to +3% (led by international). - Total unit revenue growth expected to improve sequentially. - Expect September quarter nonfuel unit cost to improve modestly with further progress in December quarter (Q4). - Refinery: back to ~75% throughput with a $0.05-$0.07 headwind to Q3 net of outage; still expect refinery net $0.05 benefit in Q3 and increasing into Q4 based on forwards. - Debt/leverage: expect gross leverage to reach 2x by year-end; moving toward long-term target of 1x. - Free cash flow: generated $1.4B in H1; continued generation expected via operations and reinvestment. - MRO: target mid-teens margins, expect margin expansion of a couple hundred basis points per year.
- Risks flagged
- - Elevated fuel costs and sticky crack spreads; fuel expense increased ~ $2B YoY. - Temporary refinery outage with Q2 $0.05 hit and residual Q3 $0.05-$0.07 hit. - Macroeconomic and geopolitical risks (Middle East) impacting refinery outputs and fuel markets. - Aircraft and engine supply constraints and quality/durability concerns for new engines impacting fleet availability. - Labor cost inflation and upcoming labor contract pressures; nonfuel unit costs up 6.8%. - Competitive dynamics: potential low-cost carrier pricing responses, though management argues structural shifts limit this. - Capacity/weather/operational resilience risks although improvements underway.
| Reported | EPS | Revenue | Move |
|---|---|---|---|
| Jul 9, 2026 | $1.56 est $1.51 | $19.76B est $17.43B | +0.1% |
| Apr 8, 2026 | $0.00 est $0.60 | $14.20B est $14.05B | +3.4% |
| Jan 13, 2026 | $1.55 est $1.53 | $14.61B est $14.68B | −3.6% |
| Oct 9, 2025 | $1.71 est $1.57 | $16.67B est $15.09B | +0.6% |
| Jul 10, 2025 | $2.10 est $2.06 | $16.65B est $15.46B | +11.7% |
| Apr 9, 2025 | $0.46 est $0.38 | $14.04B est $12.98B | +9.7% |
| Jan 10, 2025 | $1.85 est $1.74 | $15.56B est $14.19B | +6.0% |
| Oct 10, 2024 | $1.50 est $1.52 | $15.68B est $14.65B | +0.7% |
“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.
Delta Air Lines stock forecast and analyst price targets
Analysts’ average 12-month price target for Delta Air Lines is $103.40, +29.9% from the last close, from 18 firms rating the stock in the last 90 days.
$103.40consensus 12-month target, +29.9% from the last close
Now $79.62Avg $103.40
Low $95High $125
Each firm’s latest rating in the last 90 days: 18 firms.
Latest analyst actions
| Date | Firm | Target | vs price |
|---|---|---|---|
| Sep 18 | Rothschild & Co Redburn | $105 | +31.9% |
| Sep 17 | Wells Fargo | $105 | +31.9% |
| Sep 11 | Barclays | $95 | +19.3% |
| Sep 10 | Wells Fargo | $105 | +31.9% |
| Sep 10 | UBS | $99 | +24.3% |
+1.6%average 20-day move after past Accumulation readings
+0.6%average move over the next 20 trading days in the last 5 years
±2.7%typical daily move, from the 14-day average range
Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.
Delta Air Lines seasonality: the next 20 trading days
Over the next 20 trading days from Sep 19, Delta Air Lines averaged +0.6% across the last 5 years, rising in 2 of them.
Next 20 trading days, by year
Average move and hit rate
| Window | Average | Years higher |
|---|---|---|
| Next 5 trading days | −2.9% | 2 of 5 |
| Next 10 trading days | −3.1% | 2 of 5 |
| Next 15 trading days | −1.8% | 2 of 5 |
| Next 20 trading days | +0.6% | 2 of 5 |
| Next 30 trading days | +0.4% | 2 of 5 |
For scale, DAL’s typical 20-trading-day move in either direction is about 8.4%.
Delta Air Lines market cap and key statistics
Delta Air Lines’s market cap is $52.36B, with a P/E ratio of 12.9 and revenue of $68.29B over the last twelve months.
Valuation
- Market cap
- $52.36B
- P/E ratio
- 12.9
- Forward P/E
- 9
- EPS, TTM
- $6.15
- Gekko Fair Value
- $91.98
Trading
- Volume
- 24.88M
- Avg volume, 20 days
- 6.27M
- 52-week high
- $95.68
- 52-week low
- $55.03
- Shares outstanding
- 657.6M
Financials
- Revenue, TTM
- $68.29B
- Profit margin
- 5.8%
- Return on equity
- 20.1%
- Quarterly earnings growth, YoY
- −25.4%
Risk and income
- Beta
- 1.29
- Typical daily move
- ±2.7%
- Typical 20-day move
- ±8.4%
- Dividend yield
- 1.00%
Delta Air Lines stock news this week
Coverage of Delta Air Lines this week reads neutral: 1 positive, 3 neutral and 0 negative headlines.
- Delta Air Lines announces webcast of September quarter 2026 financial resultsDelta News Hub, Sep 18
- Delta Air Lines Stock: Is DAL Outperforming the Industrial Sector?Yahoo Finance, Sep 16
- Delta Air Lines (DAL) Dips More Than Broader Market: What You Should KnowZacks Investment Research, Sep 15
- Trade Tracker: Wells Fargo, Netflix and Delta Air LinesCNBC, Sep 15
- Is It Worth Investing in Delta (DAL) Based on Wall Street's Bullish Views?Zacks Investment Research, Sep 15
- Delta Air Lines' Refinery Is Becoming A Powerful Competitive WeaponSeeking Alpha, Sep 14
Delta Air Lines peers
Delta Air Lines’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.
| Stock | GekkoIndex zone | vs Fair Value |
|---|---|---|
| UALUnited Airlines | Accumulation | 38.0% below |
| LUVSouthwest Airlines | Neutral | 10.9% below |
| AALAmerican Airlines | Accumulation | 41.2% below |
| CPACopa | Neutral | 15.9% below |
| ALKAlaska Air | Accumulation | 18.7% below |
| SKYWSkyWest | Accumulation | 10.6% below |
A peer links to its own page where one exists.
Delta Air Lines stock FAQ
What is Delta Air Lines’s market cap?
Delta Air Lines’s market cap is $52.36B at the Sep 18, 2026 close of $79.62, with 657.6M shares outstanding. The shares trade on a P/E ratio of 12.9.
What is the Delta Air Lines stock forecast?
The consensus analyst 12-month price target for Delta Air Lines is $103.40, +29.9% from the last close. Of the 18 firms that rated the stock in the last 90 days, 18 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.
Is Delta Air Lines stock overvalued or undervalued?
On Gekko’s estimate Delta Air Lines is undervalued: the Sep 18, 2026 close of $79.62 is 13.4% below Gekko Fair Value of $91.98. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.
When does Delta Air Lines report earnings next?
Delta Air Lines is expected to report on Oct 8, 2026 (18 days away). Analysts expect earnings of $2.01 per share on revenue of $17.59B. Delta Air Lines beat the earnings estimate in 6 of its last 8 reports, moving 4.5% on average across the report.
What is Delta Air Lines’s 52-week high and low?
Delta Air Lines’s 52-week high is $95.68 and its 52-week low is $55.03; it closed at $79.62 on Sep 18, 2026, +35.4% over the past year.
Is Delta Air Lines stock a buy right now?
Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 6 items with data read as supportive (gekkoindex, fair value and smart money), 2 as mixed (trend and seasonality) and 1 as a headwind (earnings risk). The checklist is a description of current data, not a recommendation.
Is there unusual options activity in Delta Air Lines?
Gekko flagged 2 unusual options signals in Delta Air Lines over the last 30 days, with $5.86M of flagged premium in calls and $74K in puts. The latest, bullish flow, was on Aug 29, 2026 with $3.80M in unusual premium. The signal-by-signal table is in Gekko.
How this page works
Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →
See Delta Air Lines the way Gekko members do
Every GekkoIndex reading, insider trade, options bet and Congress disclosure plotted on the chart, plus the 5,800-name screener and trade planning tools.
Join 1,349 other traders using Gekko
Start Your FREE 7 Day Trial → Every feature unlocked. No credit card required.