B of A Securities Rates Delta Air Lines (DAL) buy

B of A Securities Sticking with Buy Rating for Delta Air Lines

B of A Securities analyst Andrew Didora reaffirmed a buy rating on Delta Air Lines, Inc. (NYSE: DAL) with a $93 price target on June 22, 2026. This call lines up with a broader wave of upbeat sentiment across Wall Street for the major carrier. The firm previously shared positive views on other transportation names, and this update keeps a spotlight on how the airline handles shifting travel demand.

Delta Air Lines Stock Trades Near Recent Highs

Shares changed hands around $90.65 on Monday. That puts the equity comfortably above its 50-day moving average of $82.64 and far past its 200-day trend line at $76.26. The airline has moved inside a 52-week trading band stretching from a low of $55.03 up to a peak of $95.68.

Wall Street Analyst Updates and Consensus Targets

Other major financial institutions have frequently revisited their outlooks for the company. On October 12, 2026, UBS kept a buy rating while moving its target from $105 down to $102. On that same date, BMO Capital kept an outperform rating with a target shifted to $105 from $100, and Susquehanna held a positive stance at a $95 target down from $100. Days prior, Bernstein maintained an outperform rating on October 7, 2026, shifting its target to $100 from $106, while Susquehanna held a positive view at a $100 target. Wells Fargo kept an overweight rating on October 6, 2026, with a target of $100 down from $105. TD Cowen maintained a buy rating on October 2, 2026, at a $101 target down from $105, and BMO Capital kept an outperform rating on September 28, 2026, at a $100 target down from $105. Across 24 tracked opinions, the stock holds a consensus strong buy recommendation with an overall mean target price of $101.07.

Earnings Performance and Valuation Metrics

The company operates with a trailing price-to-earnings ratio of 15.58 and a forward price-to-earnings ratio of 10.65. Revenue reached $71.8 billion with a growth rate of 21.1%. Profitability metrics show a net margin of 4.58% alongside a return on equity of 15.91%. Earnings per share stand at $5.01.

Dividend Yield and Payout Details

Income-focused investors collect a dividend yield of 1.1%. The annual payout is backed by a conservative dividend payout ratio of 15.52%.

Inside the Operations of Delta Air Lines

Delta Air Lines provides scheduled passenger and cargo air transportation across domestic and international routes. The carrier centers its domestic network on hubs in Atlanta, Detroit, Minneapolis-St. Paul, Salt Lake City, Boston, Los Angeles, Seattle, and New York airports, while reaching major international destinations across Europe, Latin America, and Asia. It also runs aircraft maintenance and engineering support services.

What to Watch Next for Delta Air Lines

Investors can look toward the company's next earnings report, which is currently scheduled for January 13, 2027. Market participants will also monitor whether other brokerage firms adjust their price targets as travel trends evolve.