Evercore ISI Group Rates Delta Air Lines (DAL) buy

Evercore ISI has reiterated its buy rating on Delta Air Lines with a price target of $105, a 13.43% upside from the current price.

By TradeTexts Research Desk · Published Jun 25, 2026, 10:00 AM EDT · Updated Jun 29, 2026, 11:01 AM EDT

Reviewed by automated data checks against the source data. How we make and check alerts

Evercore ISI Group rated Delta Air Lines, Inc. ($DAL) "buy" with a $105 price target on June 25, 2026.

Since the rating, $DAL is up 0.7% after 1 week, down 5.7% after 1 month and down 17.8% to date (from the $91.63 close on Jun 25, 2026).

DAL Delta Air Lines, Inc.

$75.37 +10.30% year to date

Daily close · Oct 16, 2026

Key Points

Evercore ISI reiterated its buy rating on Delta Air Lines, setting a price target of $105. The stock is currently trading at $92.57, close to its 52-week high of $95.68.
Evercore ISI Group's $105 price target implies 13.43% upside from Delta Air Lines, Inc.'s ($DAL) current $92.57 share price.
The company reported revenue of about $71.8 billion, reflecting a revenue growth of 21.1%. Delta's next earnings report is expected on January 13, 2027.
Analysts remain optimistic, with a consensus recommendation of strong buy and a mean price target of $101.07 based on 24 analyst opinions.

Get $DAL trade alerts by text

We text you when insiders, Congress or big funds trade $DAL. Free.

Not investment advice. TradeTexts is not a registered investment adviser, and this automated Delta Air Lines, Inc. alert may contain errors. Disclosures

Evercore ISI Maintains Positive Outlook

On June 25, 2026, Evercore ISI Group reiterated its buy rating on Delta Air Lines, Inc. (NYSE: DAL), setting a price target of $105. The stock is currently trading at $92.57, which is near its 52-week high of $95.68. This move reflects confidence in the airline's ongoing recovery and market position.

Analyst rating track record

Evercore ISI Group vs. the S&P 500

YTD return +13.45% hypothetical

All-time return +26.45% S&P 500 +26.41%

vs. S&P 500 +0.04% ahead of the index

Hypothetical returns from Evercore ISI Group's disclosed trades, not real profit or advice. How we model this.

What Changed in the Rating

Evercore's reaffirmation of the buy rating does not introduce a new price target, as it remains at $105. This suggests that the firm sees continued value in Delta's stock despite recent fluctuations. The airline operates a large fleet and has a significant market presence, which supports its robust valuation.

Analysts Set New Price Targets

Several other firms have also maintained positive ratings for Delta Air Lines. On October 12, 2026, UBS maintained a Buy rating with a target of $102, while BMO Capital raised its target to $105 from $100. Susquehanna kept a Positive rating with a target of $95, and Wells Fargo maintained an Overweight rating with a target of $100. The overall consensus among 24 analysts is a strong buy with a mean price target of $101.07, indicating broad confidence in Delta's future performance.

Stock Performance Context

Delta's stock has been performing well, recently trading close to its 52-week high of $95.68. The shares have shown resilience, especially considering the airline's revenue growth of 21.1% year-over-year, totaling approximately $71.8 billion. With the stock currently above its 50-day moving average of $82.64, it suggests a strong upward trend.

12-month forecast

$DAL price target

Delta Air Lines, Inc. daily closes and this analyst's $105 target. Not advice.

Recent Earnings

In its latest earnings report, Delta Air Lines posted an EPS of $5.01 and a net margin of about 4.58%. The airline's revenue growth reflects its recovery post-pandemic and effective cost management strategies. Investors will be looking forward to the next earnings report scheduled for January 13, 2027, to assess ongoing performance and strategic direction.

Earnings drift grade

Outlook vs expectations on the last report — not price action.

B- 72/100

Reported Apr 8, 2026

Forward outlook
4 target raises vs 1 cuts.
EPS & revenue
EPS beat estimates by 10.7%. Revenue beat estimates by 12.0%.
Profit surprise
EBITDA missed by 57 percent. Operating income missed sharply.
Pre-earnings setup
Bar was high, analysts already very bullish.
Analyst signal
4 target raises, 1 target cut.
Earnings quality
Gross margin up 7.2 points. Operating margin down 0.9 points. Positive free cash flow.

Earnings Call Summary

Delta delivered strong March quarter results with 15.9 billion dollars in revenue and 64 cents in earnings per share, beating expectations. Demand remains strong across corporate and leisure travel. However, jet fuel prices nearly doubled from earlier in the year, adding more than two billion dollars in fuel costs for the second quarter. The airline is reducing capacity in unprofitable flying and working to recapture forty to fifty percent of fuel price increases through higher ticket prices and fees.

Guidance Delta expects second quarter revenue to grow in the low teens, flat capacity versus last year. They plan an operating margin of six to eight percent and earnings of one dollar to one dollar fifty per share. Jet fuel prices are expected to average four dollars thirty per gallon, double last year's cost.

Slightly positive report. The quarter was acceptable, but the forward setup is not strong.

What Delta Air Lines, Inc. Does

Delta Air Lines, Inc. provides air transportation services for both passengers and cargo, operating a large network across the U.S. and internationally. With a fleet of around 1,314 aircraft, Delta is well-positioned in the airline industry, serving major hubs in cities like Atlanta, New York, and Los Angeles.

What's Ahead for Delta Air Lines, Inc.

As Delta prepares for its upcoming earnings report, investors will watch closely for any updates on operational performance and market conditions. The reaffirmation of the buy rating by Evercore ISI highlights the positive outlook for the airline, especially as it approaches a potentially strong travel season.