Wells Fargo Rates Delta Air Lines (DAL) buy, $105 Price Target

Wells Fargo continues to support Delta Air Lines with a $105 price target, reflecting confidence in the airline's performance, a 12.11% upside from the current price.

By TradeTexts Research Desk · Published Jun 30, 2026, 12:01 PM EDT · Updated Jul 1, 2026, 3:01 PM EDT

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

Wells Fargo rated Delta Air Lines, Inc. ($DAL) "buy" with a $105 price target on June 30, 2026.

Since the rating, $DAL is down 5.4% after 1 week, down 5.2% after 1 month and down 19.1% to date (from the $93.17 close on Jun 30, 2026).

DAL Delta Air Lines, Inc.

$75.37 +10.30% year to date

Daily close · Oct 16, 2026

Key Points

Wells Fargo reiterated its buy rating on Delta Air Lines, setting a price target of $105.00 as of June 30, 2026.
Wells Fargo's $105 price target implies 12.11% upside from Delta Air Lines, Inc.'s ($DAL) current $93.66 share price.
Delta Air Lines is currently trading at $93.66, which is near its 52-week high of $95.68, indicating strong market performance.
The consensus among analysts shows a strong buy recommendation for Delta, with a mean price target of $101.07.

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Wells Fargo Sticks with Buy Rating

Wells Fargo has reiterated its buy rating on Delta Air Lines, Inc. (NYSE: DAL) with a price target of $105.00 as of June 30, 2026. This comes as the stock trades at $93.66, just below its 52-week high of $95.68.

Analyst rating track record

Wells Fargo vs. the S&P 500

YTD return -12.12% hypothetical

All-time return +10.65% S&P 500 +35.20%

vs. S&P 500 -24.55% behind the index

Hypothetical returns from Wells Fargo's disclosed trades, not real profit or advice. How we model this.

Analysts Set New Price Targets

Wells Fargo's analyst, Christian Wetherbee, maintains a positive outlook on Delta Air Lines. The $105 price target reflects confidence in the airline's ability to perform well in the current market environment. This is part of a broader trend, as several other firms have also recently maintained or adjusted their ratings on Delta. For instance, on October 12, UBS kept its buy rating with a target of $102.00, while BMO Capital maintained its outperform rating, raising its target to $105.00.

Stock Performance Context

Delta Air Lines is currently trading at $93.66, which is quite strong compared to its 52-week low of $55.03. This performance suggests that investors are optimistic about the airline's future, especially with the stock hovering near its recent highs. The airline sector has seen fluctuations, but Delta's position indicates solid demand and operational strength.

12-month forecast

$DAL price target

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

What Delta Air Lines, Inc. Does

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo within the U.S. and internationally. The company operates a large fleet of approximately 1,314 aircraft and has a significant presence in major cities worldwide. Its ongoing performance is critical for investors, especially as travel demand continues to recover post-pandemic.

What to Watch at Delta Air Lines, Inc.

Looking ahead, investors will be focused on Delta's next earnings report scheduled for January 13, 2027. The recent reiteration of the buy rating by Wells Fargo, along with the positive sentiment from other analysts, suggests that the airline is in a strong position, although the backward-looking nature of the 13F filings means that positions may change over time.