Delta Air Lines (DAL) – Investment Analysts’ Recent Ratings Updates

Several brokerages have updated their recommendations and price targets on shares of Delta Air Lines (NYSE: DAL) in the last few weeks:

• 4/13/2026 – Delta Air Lines had its price target raised by Jefferies Financial Group Inc. from $78.00 to $81.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target raised by UBS Group AG from $84.00 to $86.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target lowered by Susquehanna from $81.00 to $78.00. They now have a “positive” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target raised by TD Cowen from $76.00 to $84.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target raised by Raymond James Financial, Inc. from $76.00 to $80.00. They now have a “strong-buy” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target raised by Seaport Research Partners from $81.00 to $83.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target raised by Citigroup Inc. from $77.00 to $79.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target raised by Argus from $80.00 to $85.00. They now have a “buy” rating on the stock.
• 4/9/2026 – Delta Air Lines had its price target lowered by HSBC Holdings plc from $80.20 to $79.30. They now have a “buy” rating on the stock.
• 4/7/2026 – Delta Air Lines had its price target lowered by Wolfe Research from $81.00 to $73.00. They now have an “outperform” rating on the stock.
• 4/2/2026 – Delta Air Lines had its price target lowered by Susquehanna from $85.00 to $81.00. They now have a “positive” rating on the stock.
• 4/2/2026 – Delta Air Lines had its price target lowered by TD Cowen to $76.00. They now have a “buy” rating on the stock.
• 4/1/2026 – Delta Air Lines had its price target lowered by Bank of America Corporation from $80.00 to $78.00. They now have a “buy” rating on the stock.
• 3/31/2026 – Delta Air Lines had its price target lowered by Raymond James Financial, Inc. from $80.00 to $76.00. They now have a “strong-buy” rating on the stock.
• 3/31/2026 – Delta Air Lines had its price target raised by Jefferies Financial Group Inc. from $72.00 to $78.00. They now have a “buy” rating on the stock.
• 3/23/2026 – Delta Air Lines had its price target raised by UBS Group AG from $83.00 to $84.00. They now have a “buy” rating on the stock.
• 3/20/2026 – Delta Air Lines had its price target lowered by Citigroup Inc. from $87.00 to $77.00. They now have a “buy” rating on the stock.
• 3/18/2026 – Delta Air Lines was upgraded by TD Cowen from “hold” to “strong-buy”.
• 3/17/2026 – Delta Air Lines was downgraded by Zacks Research from “hold” to “strong sell”.
• 3/16/2026 – Delta Air Lines had its price target lowered by UBS Group AG from $87.00 to $83.00. They now have a “buy” rating on the stock.
• 3/16/2026 – Delta Air Lines had its price target lowered by Wells Fargo & Company from $87.00 to $75.00. They now have an “overweight” rating on the stock.
• 3/12/2026 – Delta Air Lines had its price target lowered by Jefferies Financial Group Inc. from $84.00 to $72.00. They now have a “buy” rating on the stock.
• 3/10/2026 – Delta Air Lines was downgraded by TD Cowen from “strong-buy” to “hold”.
• 3/9/2026 – Delta Air Lines had its price target lowered by TD Cowen from $82.00 to $71.00. They now have a “buy” rating on the stock.
• 3/6/2026 – Delta Air Lines was downgraded by Weiss Ratings from “buy (b-)” to “hold (c+)”.
• 3/5/2026 – Delta Air Lines had its price target lowered by Rothschild & Co Redburn from $72.00 to $70.00. They now have a “buy” rating on the stock.

Delta Air Lines Dividend Announcement

The firm also recently declared a quarterly dividend, which was paid on Thursday, March 19th. Shareholders of record on Thursday, February 26th were issued a dividend of $0.1875 per share. This represents a $0.75 dividend on an annualized basis and a dividend yield of 1.0%. The ex-dividend date was Thursday, February 26th. Delta Air Lines’s dividend payout ratio is presently 10.93%.

Insider Activity

In other Delta Air Lines news, EVP Steven M. Sear sold 38,600 shares of the stock in a transaction that occurred on Monday, February 9th. The stock was sold at an average price of $75.05, for a total transaction of $2,896,930.00. Following the transaction, the executive vice president directly owned 104,404 shares in the company, valued at approximately $7,835,520.20. This represents a 26.99% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is accessible through this link. Also, CEO Edward H. Bastian sold 100,000 shares of the stock in a transaction that occurred on Thursday, February 26th. The stock was sold at an average price of $70.26, for a total value of $7,026,000.00. Following the transaction, the chief executive officer owned 1,363,448 shares in the company, valued at $95,795,856.48. The trade was a 6.83% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. In the last three months, insiders sold 393,031 shares of company stock worth $27,982,406. Company insiders own 0.88% of the company’s stock.

Delta Air Lines is a major U.S.-based global airline that provides scheduled passenger and cargo air transportation, aircraft maintenance and repair services, and related travel products. Its operations include mainline domestic and international passenger services, a branded regional network operating under the Delta Connection name, dedicated air cargo carriage, and in-house maintenance, repair and overhaul through Delta TechOps. Delta offers a range of cabin products for different customer segments, including premium business-class service on long-haul routes and tiered economy offerings on domestic and international flights, and it markets customer loyalty benefits through the SkyMiles frequent-flyer program.

The carrier operates a mixed fleet of narrow- and wide-body aircraft from multiple U.S.