DAL

Delta Air Lines, Inc.

IndustrialsAirlinesNASDAQ

$67.78

+$4.22 (6.22%)today

Conviction

0/ 10

Fair Value$79.89

Upside+17.86%

Signal0

Market Cap$41.3B

52W Range$34.74–$76.39

Next EarningsApr 8

Price History

FAIR VALUE ANALYSISMonte Carlo · 5,000 runs · 99% valid

Fair Value$80.52

Current Price$64.83

Upside / Down+24.2%

P(Undervalued)69.8%

P(20%+ Up)53.2%

P(15%+ Down)19.2%

Fair Value Distribution — percentile bands

69.8% of simulations place fair value above current price

WHAT IS PRICED IN

Revenue-Based Reverse DCF

1.0%/yr

±8.3% · revenue growth to justify current price

FCF-Based Reverse DCF

8.1%/yr

±2.7% · FCF growth to justify current price

THE GAP

Market pricing margin compression or rising capex

KEY VALUE DRIVERS

Spearman correlation — what moves this valuation most

Quick Take

Delta Air Lines, Inc.

Trailing P/E8.2x

Forward P/E7.6x

P/S0.6x

EPS (TTM)$7.66

Analyst Target$79.89

Analyst Upside17.9%

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Bull Case

No analysis yet

Bear Case

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Research Feed

sec_10kMar 2

Conviction: unchanged

Delta 2025: Solid Execution but Domestic Weakness, Premium Growth Carrying the Load

DAL delivered solid 2025 but main cabin demand weak. Premium products (+7%) and loyalty growth (+10%) driving revenue, but 8% wage inflation pressuring margins. Operating income flat YoY despite 3% re...