BofA cuts target for Delta Air Lines stock from USD 100 to USD 95

Published on 10/07/2026 at 14:54 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Adjusted revenue reached USD 17.70 billion in Q2 2026, up 14.00 percent. Delta Air Lines stock costs EUR 73.85 on October 7, 2026 after EUR 74.22.

NYSE-Handelsparkett mit Luftfahrt-Aktiencharts auf digitalen Großbildschirmen — Delta Air Lines Inc. NYSE-Handelsparkett mit Luftfahrt-Aktiencharts auf großen digitalen Bildschirmen, US2473617023, Illustration mit AI erstellt.

Delta Air Lines (ISIN US2473617023) is preparing for its September-quarter results after BofA cut its price target from USD 100.00 to USD 95.00 on October 5, 2026. As Markets Insider reported, analyst Andrew Didora retained a Buy rating while adjusting estimates ahead of third-quarter earnings.

Target cut meets earnings test

The lower target arrives against a strong second-quarter operating comparison. According to Portfolio Lens, Delta reported USD 19.76 billion in GAAP revenue for the second quarter of 2026, while adjusted revenue reached USD 17.70 billion, up 14.00 percent from the prior-year quarter.

GAAP net income was USD 1.60 billion and diluted GAAP earnings per share were USD 2.44 in the second quarter of 2026, according to the same financial analysis. The comparison matters because fuel expense reached USD 4.40 billion in the quarter, up USD 2.00 billion year over year, leaving operating margin at 8.80 percent.

Guidance sets the next hurdle

Management's September-quarter framework calls for adjusted diluted earnings per share of USD 2.20 to USD 2.50, compared with USD 1.71 in the third quarter of 2025. The same source says full-year 2026 adjusted diluted earnings per share guidance remains USD 6.50 to USD 7.50, alongside free cash flow guidance of USD 3.00 billion to USD 4.00 billion.

That range makes the upcoming release more important than the target reduction alone. Delta must show that higher fares and capacity discipline can offset fuel and non-fuel cost pressure while preserving the 14.00 percent adjusted revenue growth achieved in the second quarter.

Results date approaches

Delta's next earnings report is scheduled for October 9, 2026, according to Investing.com. The stock page identifies Delta as listed on the New York Stock Exchange under ticker DAL and gives an average analyst target of USD 102.06 from 25 analysts.

Euro quote stays below prior close

Delta Air Lines was trading at EUR 73.85 at Lang & Schwarz on October 7, 2026 at 2:44 p.m. CEST, minus 0.50 percent versus the prior close of EUR 74.22 on October 6, 2026. The further course of trading is shown by the continuously updated real-time quote of Delta Air Lines stock.