J.L. Bainbridge & Co. Inc. Delta Air Lines Stake Reduction: The Florida-based wealth advisory sold 258,492 shares of Delta Air Lines for approximately $14.8 million in the third quarter, reducing its stake to 509,256 shares, which now represents 2.4% of the fund's assets under management.
Delta Air Lines Performance and Market Context: Delta's stock has increased by 8% over the past year, underperforming the S&P 500's 14% gain, amid mixed results in the airline sector, with competitors showing varied performance. The sale reflects Bainbridge's strategy of maintaining a balanced portfolio while locking in gains from recovered valuations.
DAL
$71.27+Infinity%1D
Analyst Views on DAL
Wall Street analysts forecast DAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAL is 73.64 USD with a low forecast of 65.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Analyst Rating
Wall Street analysts forecast DAL stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for DAL is 73.64 USD with a low forecast of 65.00 USD and a high forecast of 90.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
14 Buy
0 Hold
0 Sell
Strong Buy
Current: 69.810
Low
65.00
Averages
73.64
High
90.00
Current: 69.810
Low
65.00
Averages
73.64
High
90.00
UBS
NULL
to
Buy
initiated
$75 -> $90
2025-12-12
New
Reason
UBS
Price Target
$75 -> $90
2025-12-12
New
initiated
NULL
to
Buy
Reason
UBS assumed coverage of Delta Air Lines with a Buy rating and $90 price target, up from $75. Delta's ability to expand profit margins over the next few years is being underappreciated by the market, the analyst tells investors in a research note. Delta's competitive positioning is meaningfully improved vs. history and its balance sheet leverage is also moving lower rapidly, and the airline should generate strong free cash flow of $4B+ over the next few years, the firm says.
BMO Capital
Michael Goldie
Outperform
initiated
$80
2025-12-08
Reason
BMO Capital
Michael Goldie
Price Target
$80
2025-12-08
initiated
Outperform
Reason
BMO Capital analyst Michael Goldie initiated coverage of Delta Air Lines with an Outperform rating and $80 price target while launching coverage of the U.S. airline sector. Conditions are improving after a challenging 2024-2025, with normalizing supply/demand and recovering corporate travel, says the analyst, who sees a longer-term opportunity for carriers who can deliver sustained margin expansion.
TD Cowen
Buy
maintain
$72 -> $77
2025-12-04
Reason
TD Cowen
Price Target
$72 -> $77
2025-12-04
maintain
Buy
Reason
TD Cowen raised the firm's price target on Delta Air Lines to $77 from $72 and keeps a Buy rating on the shares. The firm updated its model after the company delievered a better-than-expected guidance update.
Citi
NULL
to
Buy
initiated
$77
2025-12-04
Reason
Citi
Price Target
$77
2025-12-04
initiated
NULL
to
Buy
Reason
Citi initiated coverage of Delta Air Lines with a Buy rating and $77 price target. The firm believes the setup is positive for the airlines with an "elongated mid-cycle" beginning in 2026. Citi sees the largest beneficiaries as being the "supermajors." The large airlines offer the most favorable risk/reward, the analyst tells investors in a research note. On the other side, Citi believes the legacy low-cost carriers will be underperformers through the cycle.
About DAL
Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo throughout the United States and around the world. The Company has hubs and markets in Amsterdam, Atlanta, Bogota, Boston, Detroit, Lima, London-Heathrow, Los Angeles, Mexico City, Minneapolis-St. Paul, New York-JFK and LaGuardia, Paris-Charles de Gaulle, Salt Lake City, Santiago (Chile), Sao Paulo, Seattle, Seoul-Incheon, and Tokyo. Its segments include Airline and Refinery. Its airline segment is managed as a single business unit that provides scheduled air transportation for passengers and cargo throughout the United States and around the world and includes its loyalty program, as well as other ancillary businesses. Its refinery segment operates for the benefit of the airline segment by providing jet fuel to the airline segment from its own production and through jet fuel obtained through agreements with third parties. The refinery's production consists of jet fuel as well as non-jet fuel products.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
