Delta Air Lines to report Q2 earnings on July 10

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Key Highlights

Delta Air Lines will report Q2 earnings on July 10, with analysts forecasting EPS of $1.48 and revenue of $18.68 billion. The company recently increased its quarterly dividend to 21.50 cents per share. Several analysts have raised their price targets, reflecting optimism ahead of the earnings release.

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Delta Air Lines, Inc. is scheduled to release its second quarter earnings report before the opening bell on Friday, July 10. The Atlanta, Georgia-based company is expected to report quarterly earnings of $1.48 per share, a decrease from $2.10 per share in the year-ago period. The consensus estimate for revenue stands at $18.68 billion, compared to $16.65 billion reported last year.

On June 18, Delta Air Lines raised its quarterly dividend from 18.75 cents to 21.50 cents per share. The company's shares gained 0.7% to close at $93.17 on Monday.

Recent analyst activity indicates a positive outlook for the stock. Citigroup analyst John Godyn maintained a Buy rating and raised the price target from $79 to $106 on June 26, 2026. Barclays analyst Brandon Oglenski maintained an Overweight rating and raised the price target from $85 to $105 on June 25, 2026. Evercore ISI Group analyst Duane Pfennigwerth maintained an Outperform rating and increased the price target from $85 to $105 on June 25, 2026. Jefferies analyst Sheila Kahyaoglu maintained a Buy rating and raised the price target from $81 to $100 on June 24, 2026. UBS analyst Atul Maheswari maintained a Buy rating and raised the price target from $98 to $107 on June 23, 2026.

Analyst Ratings and Price Targets

Analyst Firm Analyst Rating New Price Target Previous Price Target Accuracy Rate
Citigroup John Godyn Buy $106 $79 54%
Barclays Brandon Oglenski Overweight $105 $85 64%
Evercore ISI Group Duane Pfennigwerth Outperform $105 $85 69%
Jefferies Sheila Kahyaoglu Buy $100 $81 73%
UBS Atul Maheswari Buy $107 $98 71%

The upcoming earnings report will provide clarity on the company's performance against these revised expectations.

Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

How will the anticipated decline in EPS impact Delta's ability to sustain its increased dividend payments?

What factors are driving the revenue growth forecast despite the expected drop in earnings per share?

Will the upcoming earnings report provide updated guidance that aligns with the recent surge in analyst price targets?

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Jefferies raises Delta Air Lines price target to $100

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Reviewed by
Radhika SScanX News Team
Key Highlights

Jefferies analyst Sheila Kahyaoglu maintains a Buy rating on Delta Air Lines and raises the price target to $100 from $81, indicating a positive outlook.

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Jefferies analyst Sheila Kahyaoglu has maintained a Buy rating on Delta Air Lines and increased the price target to $100 from $81. The revised target reflects a more optimistic outlook for the airline's performance.

Analyst Rating and Price Target

The decision to raise the price target underscores confidence in Delta Air Lines' operational strength and market position. The new target of $100 represents a significant increase from the previous estimate of $81.

Metric Value
Rating Buy
Previous Price Target $81
New Price Target $100
Disclaimer: This article is AI-generated using data from ViewTrade. ScanX is not liable for any inaccuracies.

What specific operational metrics or market trends are driving the increased optimism for Delta Air Lines?

How might Delta's revised price target influence investor sentiment across the broader airline sector?

What risks could potentially hinder Delta from achieving the new $100 price target?

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