Wall Street Analysts Think Delta (DAL) Could Surge 25.22%: Read This Before Placing a Bet

Core Viewpoint - Delta Air Lines (DAL) shares have increased by 3.6% over the past four weeks, closing at $58.77, with a mean price target of $73.59 indicating a potential upside of 25.2% [1] Price Targets and Analyst Estimates - The mean estimate consists of 20 short-term price targets with a standard deviation of $5.73, where the lowest estimate is $65.00 (10.6% increase) and the highest is $90.00 (53.1% increase) [2] - A low standard deviation suggests a strong agreement among analysts regarding the price targets, indicating less variability in their estimates [2][9] Analyst Optimism and Earnings Estimates - Analysts show strong agreement in revising earnings per share (EPS) estimates higher, which correlates with potential stock price increases [4][11] - The Zacks Consensus Estimate for the current year has risen by 6.5% over the past month, with five estimates increasing and two decreasing [12] Zacks Rank and Investment Potential - DAL holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimates [13] - While consensus price targets may not be entirely reliable, the direction they imply can serve as a useful guide for potential price movements [14]