The market has been braced for negative news as carriers reveal the effects of the government shutdown.
Delta said the government shutdown that ended last month cost it $200 million in earnings. The carrier said bookings weakened during the shutdown, the longest in U.S. history.
Delta Air Lines expects to take a $200 million hit from government shutdown flight disruption. Airlines were forced to cancel thousands of flights during October and November.
In the most recent trading session, Delta Air Lines (DAL) closed at $65.14, indicating a +1.54% shift from the previous trading day.
The recommendations of Wall Street analysts are often relied on by investors when deciding whether to buy, sell, or hold a stock. Media reports about these brokerage-firm-employed (or sell-side) analysts changing their ratings often affect a stock's price.
In the closing of the recent trading day, Delta Air Lines (DAL) stood at $62.15, denoting a +2.44% move from the preceding trading day.
Delta plans its largest transatlantic schedule for summer 2026, adding new routes and upgraded amenities to tap rebounding travel demand.
Delta Air Lines is rated Buy with a $64 target price, reflecting a 9.6% upside amid record Q3 results and discounted valuation. DAL delivered record Q3 revenue and profitability, driven by strong premium demand, cost control, and lower fuel prices, supporting robust EPS growth. Management's positive Q4 and FY2025 guidance, improved free cash flow, and reduced WACC underpin the investment thesis for further upside.
As cracks have started to show in the S&P 500 in the past several weeks—following an impressive rally since the tariff-linked plunge in early April—investors might turn to companies bucking the trend. A handful of firms have seen volatility throughout the year but are poised to end 2025 on a high note.
DAL's strong guidance, dividend hikes and steadier balance sheet help it outshine AAL as both carriers face higher labor costs and shifting demand.
The latest trading day saw Delta Air Lines (DAL) settling at $55.76, representing a -4.54% change from its previous close.
DAL stock steadies as the U.S. government shutdown ends, with strong third-quarter results, dividend hikes and easing fuel costs aiding momentum.