Delta Air Lines stock sees 18% upside to $95 target amid fuel cost pressures

Susquehanna maintains Positive rating on Delta Air Lines with a $95 price target, implying 18% upside from $80.77. Delta cut 2026 adjusted earnings forecast to $5.10-$5.60 per share from $6.50-$7.50 due to rising fuel costs. Q3 operating revenue rose 16% YoY to $17.6 billion, with Q4 revenue growth expected at approximately 20%. Annual fuel bill projected to increase by ~$6 billion compared with 2025, squeezing profit margins. Atlanta-to-Riyadh nonstop service postponed until March 2027 following regional security concerns.

FAA warns US airlines on Saudi airspace, Delta Riyadh launch in doubt

FAA issued notice warning US airlines of risks in Saudi airspace through Dec. 10. Delta Air Lines reviews Oct. 23 Atlanta-Riyadh launch following deadly airport attacks. Q3 revenue beat estimates by 8.08% to $20.19 billion, but EPS missed by 4.44%. Regional conflict escalates with Houthi strikes killing 13 people in recent attacks.

Delta Air Lines Q3FY26 Results: Revenue up 16% to $17.6 billion, EPS $1.72

Delta Air Lines reported Q3FY26 revenue of $17.6 billion, up 16% YoY, with adjusted EPS of $1.72. Fuel costs rose 62% to $4.1 billion, absorbing profit gains despite strong demand. Full-year FY26 EPS guidance maintained at $5.10-$5.60 with free cash flow target of $2.5 billion. Diverse revenue streams, including premium and loyalty, accounted for 61% of total revenue. Company plans to reduce debt by over $2 billion in 2026, targeting 2.2x gross leverage.

Delta CEO sees no cracks in Q4 corporate travel demand

Corporate travel demand shows no signs of weakening in Q4. Week after Labor Day marked highest corporate sales week in history. Refinery fully online, with Q4 benefits expected to be three times Q3 level.

Delta Air Lines Q4 Guidance: Sales beat est, EPS misses midpoint

Delta Air Lines guides for Q4 sales of $17.527 billion, beating the $17.192 billion estimate. Adjusted EPS guidance is set at $1.15-$1.65 against a $1.51 analyst estimate. The revenue outlook exceeds consensus by approximately $335 million. The EPS range midpoint falls below the consensus estimate.

Delta Air Lines to report Q3 earnings; analysts eye $1.76 EPS

Delta Air Lines releases Q3 earnings on October 9. Consensus EPS estimate is $1.76, up from $1.71 YoY. Revenue estimated at $18.92 billion vs $16.67 billion prior year. Annual dividend yield stands at 1.04%. Two analysts cut price targets to $100 ahead of results.