TD Cowen cuts target for Southwest Airlines stock to USD 47
Published on 10/15/2026 at 13:53 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWSThe next earnings test
- TD Cowen cut its Southwest Airlines target from USD 48.00 to USD 47.00 on October 2, 2026.
- Adjusted earnings per share rose 118.6 percent to USD 0.94 in the second quarter of 2026.
- Southwest Airlines stock trades at EUR 35.34 at 1:41 p.m. CEST at Lang & Schwarz on October 15, 2026, 0.70 percent below the Xetra close of October 14, 2026.
Southwest Airlines (ISIN US8447411088) was trading at EUR 35.34 at Lang & Schwarz on October 15, 2026, 0.70 percent below the Xetra close of October 14, 2026. Ground News reported that TD Cowen cut its Southwest Airlines target from USD 48.00 to USD 47.00 on October 2, 2026.
Target cut sets the tone
The lower target gives the upcoming earnings release a clear test: Southwest must show that its revenue gains are translating into durable profitability. The TD Cowen change also leaves the analyst view below the USD 47.45 average 12-month target reported by MarketBeat on October 14, 2026.
What does Q2 mean for Q3
Southwest reported USD 8.43 billion of operating revenue in the second quarter of 2026, up 16.4 percent from the prior-year quarter, while adjusted earnings per share increased 118.6 percent to USD 0.94, according to Yahoo Finance on October 14, 2026. That combination is the key benchmark for the next report, because revenue growth alone does not settle the question of margin quality.
Three dates shape the setup
On September 11, 2026, Barclays cut its target from USD 65.00 to USD 58.00, according to MarketBeat. On October 2, 2026, TD Cowen reduced its target from USD 48.00 to USD 47.00, as Ground News reported. On October 21, 2026, Southwest Airlines is scheduled to release third-quarter results after the market closes, according to its investor release.
Results arrive October 21
Southwest Airlines will hold its results call on October 22, 2026, at 10:00 a.m. ET. The company release dated October 1, 2026, sets the immediate timetable, while the earnings report itself will test whether the second-quarter improvement can continue.
Stock stays below recent highs
The EUR 25.65 to EUR 46.51 52-week range places the current euro quote in the middle of its observed span as of October 15, 2026. Southwest Airlines stock was trading at EUR 35.34 at Lang & Schwarz on October 15, 2026, at 1:41 p.m. CEST, 0.70 percent below the Xetra close of October 14, 2026, at EUR 35.59. The further course of trading is shown by the continuously updated real-time quote of Southwest Airlines stock.
Southwest Airlines stock facts
- Company: Southwest Airlines Co.
- ISIN: US8447411088
- Ticker: LUV
- Primary exchange: NYSE
- Price Lang & Schwarz (as of October 15, 2026, 1:41 p.m. CEST): EUR 35.34
- Change versus Xetra close: minus 0.70 percent
- Xetra close (October 14, 2026): EUR 35.59
- Market capitalization: EUR 17.3 billion (as of October 15, 2026)
- 52-week range: EUR 25.65-EUR 46.51 (as of October 15, 2026)
- Sector / Industry: Industrials / Airlines
- Next earnings date: October 21, 2026
Market context: Market report S&P 500.
