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Barchart
Barchart
Kritika Sarmah

Are Wall Street Analysts Predicting Delta Air Lines Stock Will Climb or Sink?

Delta Air Lines, Inc. (DAL) is one of the largest and most established airlines in the world, headquartered in Atlanta, Georgia. It operates an extensive global network serving more than 300 destinations across more than 50 countries. With a market cap of $43.2 billion, the company offers flight status information, bookings, baggage handling, and other related services.

Shares of this global airline leader have underperformed the broader market considerably over the past year. DAL has declined 2.7% over this time frame, while the broader S&P 500 Index ($SPX) has rallied nearly 15%. However, momentum has rebounded more recently, with DAL surging 18.4% over the past six months, comfortably outpacing the index’s 9.2% gain.

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