Delta Air Lines stock: Pascual sets USD 108.00 price target for Delta Air Lines stock

Published on 10/21/2026 at 16:42 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Delta cut 2026 adjusted earnings guidance to USD 5.10-5.60 on October 9, 2026. Delta Air Lines stock costs EUR 69.83 on October 21, 2026.

Analyst target and earnings outlook

Jose Luis Pascual set a USD 108.00 price target on October 17, 2026.
Third-quarter operating revenue reached USD 20.19 billion on October 9, 2026.
Delta Air Lines stock was at EUR 69.83 at Lang & Schwarz on October 21, 2026 at 4:34 p.m. CEST.
The quarterly dividend is USD 0.2150 per share, with payment scheduled for November 5, 2026.

Delta Air Lines, US2473617023, Illustration mit AI erstellt.

Jose Luis Pascual upgraded Delta Air Lines to Buy and set a USD 108.00 price target on October 17, 2026, according to TipRanks. The stock was trading at EUR 69.83 at Lang & Schwarz on October 21, 2026 at 4:34 p.m. CEST.

Target points above the market

The USD 108.00 target is 38.20 percent above Delta's USD 78.15 Nasdaq price at 10:41 a.m. ET on October 21, 2026. TipRanks also listed a consensus target of USD 103.94, but that figure aggregates several analyst views rather than representing a single research note.

The target arrives after a difficult earnings update. On October 9, 2026, CNBC reported that Delta lowered its full-year adjusted earnings guidance to USD 5.10-5.60 per share from USD 6.50-7.50.

Revenue growth meets cost pressure

Delta's third-quarter 2026 operating revenue rose 21.00 percent year over year to USD 20.19 billion, while adjusted operating revenue increased 16.00 percent to USD 17.59 billion. Adjusted earnings per share came to USD 1.72 against a USD 1.75 consensus estimate, and adjusted fuel costs rose 62.00 percent to USD 4.14 billion, according to CNBC.

The company expects fourth-quarter 2026 revenue growth of 20.00 percent and adjusted earnings of USD 1.15-1.65 per share. Its projected adjusted operating margin is 7.00-9.00 percent, leaving fuel costs as the central counterweight to demand and premium-cabin growth.

Market position and upcoming payment

Delta's USD 51.4 billion market capitalization and price-to-earnings ratio of 15.61 compare with USD 32.9 billion and a ratio of 9.27 for United Airlines, and USD 19.7 billion and 24.68 for Southwest Airlines. These figures are dated October 21, 2026, and use each company's NYSE price and market capitalization.

Delta's 52-week NYSE range was USD 55.03 to USD 95.68 on October 21, 2026, while trading volume had reached 1,455,827 shares by 10:41 a.m. ET. The next listed corporate cash date is November 5, 2026, when the company is scheduled to pay a quarterly dividend of USD 0.2150 per share, as reported by MarketBeat.

Demand remains the investor test

Delta's figures show a clear split between strong passenger demand and weaker earnings conversion. For investors, the USD 108.00 target therefore depends on whether revenue growth can outpace fuel and operating-cost pressure through the December quarter.

The further course of trading is shown by the continuously updated real-time quote of Delta Air Lines stock.