Delta Air Lines Inc. (NYSE:DAL) is one of the best airline stocks to buy according to hedge funds. On July 11, Bernstein SocGen Group reiterated an ‘Outperform’ rating on the stock and hiked its price target to $66 from $60.

Delta Air Lines Inc. closed 16.96% short of its 52-week high of $69.98, which the company reached on January 22nd.

For the most recent quarter, analysts expect Delta to report earnings of $2.03 per share on revenue of $16.18 billion for the upcoming quarter. This reflects a decrease compared to the same quarter last year when the company reported earnings of $2.36 per share on revenue of $16.66 billion.

Notably, Delta CEO Ed Bastian stated in an interview that bookings have stabilized following demand erosion earlier this year. Per the head executive’s remarks, people are still taking to the air — it’s just that they’re shifting booking patterns amid broader economic challenges.

The airline reported better earnings than expected for its latest quarter, and restored its forecast for the rest of the year.

American Airlines looks solid heading into Q2'25 report where the airline should boost 2025 numbers. AAL stock is depressed and cheap at these levels. See more.

Delta Air Lines, the world’s largest carrier by revenue, reported upbeat second quarter results and reinstated its guidance as growing economic clarity deflects headwinds resulting from a global trade war.

St. Paul is the first major U.S. airline to report its earnings, offering a wider look at the state of the industry.

Delta Air Lines regains momentum with raised guidance, dividend hike, and strong premium, loyalty growth. See why DAL stock is upgraded to buy.

What Happened? Shares of global airline Delta Air Lines (NYSE:DAL) fell 3.8% in the afternoon session after the stock took a breather, pulling back from a strong rally sparked by last week's impressive earnings report.