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Barchart
Barchart
Rashmi Kumari

Delta Air Lines Stock Outlook: Is Wall Street Bullish or Bearish?

Delta Air Lines Inc. (DAL), headquartered in Atlanta, Georgia, offers scheduled air transportation for passengers and cargo in the United States and internationally. With a market cap of $33.91 billion, it is one of the four carriers that control the majority (more than 60%) of the U.S. aviation market. 

DAL stock has significantly outperformed the broader market over the last year. The stock has gained 59.7% over this time frame, while the broader S&P 500 Index ($SPX) rallied nearly 27.2%. In 2024 alone, Delta Air Lines gained 31.9%, surpassing SPX's 10% gains on a YTD basis.

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