Delta Air Lines (DAL) Stock: Analyst Price Targets, Amazon Deal, and Insider Sales

TLDR

• Delta Air Lines (DAL) stock rose 2.1%, opening at $67.91 on Thursday
• Delta struck a deal with Amazon to install Leo satellite connectivity on 500 aircraft starting in 2028
• TD Cowen cut its price target from $77 to $76, while Susquehanna trimmed from $85 to $81; both kept Buy ratings
• The consensus analyst rating remains “Moderate Buy” with an average price target of $78.84
• Insiders sold 620,550 shares worth ~$44.1M over the past 90 days, including sales by the CEO and EVP

Delta Air Lines stock climbed 2.1% Thursday despite a fresh round of analyst price target cuts, buoyed by a high-profile connectivity deal with Amazon.

Delta Air Lines, Inc., DAL

TD Cowen trimmed its price target on DAL from $77 to $76 but kept a Buy rating. That target implies roughly 11.9% upside from Thursday’s open. Separately, Susquehanna cut its target from $85 to $81 while maintaining a “positive” rating, pointing to around 19% potential upside.

Those weren’t the only adjustments. Citigroup cut from $87 to $77, Wells Fargo dropped from $87 to $75, and Rothschild & Co Redburn shaved its target from $72 to $70. On the more upbeat side, Jefferies raised its target from $72 to $78, and Goldman Sachs lifted its target from $77 to $80, keeping a Buy rating.

Across the board, 22 analysts have a Buy rating on the stock, one has a Strong Buy, one has a Hold, and one has a Sell. The average price target sits at $78.84.

The fuel cost picture is weighing on some of those models. Several analysts have nudged fair-value estimates slightly lower as higher jet fuel assumptions get baked into forecasts. One model shifted from around $80.57 to $79.89 — a small move, but a sign of how sensitive the stock is to fuel prices.

Amazon Partnership

The clearest positive catalyst this week was Delta’s announcement of a deal with Amazon to install Leo satellite connectivity across an initial 500 aircraft, with rollout beginning in 2028. The upgrade is expected to improve in-flight Wi-Fi quality, lift customer satisfaction scores, and open up potential new revenue streams.

Wall Street has largely stayed supportive of DAL despite macro headwinds, with reports suggesting investor sentiment around the stock has held up even as fuel costs remain elevated.

Insider Selling

The insider activity tells a different story. Over the last 90 days, Delta insiders sold 620,550 shares worth approximately $44.1 million. CEO Edward Bastian sold 100,000 shares in February at an average of $70.26, reducing his stake by 6.83%. He had also sold 173,230 shares in January at $71.00. EVP Alain Bellemare sold 35,212 shares at $75.20, cutting his position by 20.31%. EVP Steven Sear sold 38,600 shares at $75.05, a 26.99% reduction.

Institutional ownership remains strong at 69.93%. Wellington Management grew its stake by 137.4% in Q4, adding roughly 7.99 million shares. Pacer Advisors lifted its position by 1,579.2%, and AQR Capital added 44.3% to its holdings.

Delta’s last quarterly earnings saw EPS of $1.55, just ahead of the $1.53 consensus, though revenue of $14.61 billion missed the $15.80 billion estimate. The company has set Q1 2026 EPS guidance at $0.50–$0.90 and full-year guidance at $6.50–$7.50.

Analysts flagging near-term earnings risk say Delta may face pressure from both revenue mix and fuel costs ahead of its next report.

The post Delta Air Lines (DAL) Stock: Analyst Price Targets, Amazon Deal, and Insider Sales appeared first on CoinCentral.