Delta Air Lines (DAL) has been making notable moves in the market despite the economic uncertainty and the impacts of Trump's tariffs hurting bookings as the airline pulls 2025 forecast.
UBS has upgraded Delta to Buy twice, even lifting the price target, signaling strong potential. Additionally, many analysts have been expressing a bullish stance on the stock. Despite reports of DAL shares dipping more than the broader market, the company outperformed in general market scenarios, and has even shown a surge in options activity. The asset manager's comment that the airliner does not 'look good' seems to be an outlier. Some of the key financial information of the company include DAL declaring a
quarterly dividend and posting Q1 earnings and revenue, which surpassed estimates. They have not provided a full-year outlook due to economic uncertainty, potentially imposed by legal issues and softer sales. Delta also shared that it sees
net income rise to US$240M in Q1 earnings report and that it will buy a
15% stake in WestJet.
Jim Cramer remains bullish on the airline, suggesting it as a worthwhile trade.
Delta Air Lines DAL News Analytics from Wed, 20 Nov 2024 08:00:00 GMT to Sat, 31 May 2025 07:58:56 GMT -
Rating 7
- Innovation 1
- Information 9
- Rumor -2
