Southwest Airlines stock heads toward October 21 results

Published on 10/04/2026 at 20:06 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Southwest Airlines stock was last at USD 42.47 on October 2, 2026, after a 1.51 percent gain. Q3 results are scheduled for October 21.

Draufsicht auf Flugzeugmodell, Bordkarte, Pilotenkappe und Aktienzertifikat — Southwest Airlines Flatlay mit Flugzeug Modell Bordkarte und Aktien Zertifikat arrangiert ISIN US8447411088, Illustration mit AI erstellt.

Southwest Airlines (ISIN US8447411088) was last at USD 42.47 on the NYSE on October 2, 2026, up USD 0.63 or 1.51 percent from the prior close. The next major company date is October 21, when Southwest Airlines will release its third quarter 2026 results after the market closes, according to Morningstar on October 1, 2026.

October 21 sets the next test

Management will discuss the quarterly figures during a conference call on October 22, 2026, at 10:00 a.m. ET. The scheduled release gives investors a clear checkpoint after Southwest Airlines reported Q2 2026 revenue of USD 8.43 billion and net income of USD 233 million, figures carried by Markets Insider on October 2, 2026.

Revenue increased from USD 7.24 billion in the comparable quarter, while net income rose from USD 213 million. That combination makes operating performance the central measure for the October release, particularly as the market weighs the airline's earnings trajectory against changing analyst expectations.

Analysts split on the valuation

TD Cowen lowered its price target from USD 48 to USD 47 on October 2, 2026, while keeping a Buy rating, according to MarketBeat. Goldman Sachs analyst Catherine O'Brien maintained a Sell rating and a USD 34 target on the same date, as reported by Markets Insider.

MarketBeat lists nine Buy ratings, ten Holds and three Sells, producing a Hold consensus and an average price target of USD 47.95. From the October 2 price, that target stands USD 5.48 higher, a 12.9 percent difference, while the Goldman Sachs target is USD 8.47 lower.

Stock remains below its yearly high

Southwest Airlines traded between USD 41.81 and USD 42.83 on October 2, 2026, with volume of 6,171,820 shares. Its 52-week range was USD 29.26 to USD 55.11, placing the latest price USD 12.64 below the high and USD 13.21 above the low.

The market capitalization was USD 20.8 billion as of October 2, 2026. For investors, the October earnings release will connect the recent revenue growth with the competing analyst views on profitability and valuation.