Delta Air Lines Q2 Earnings Preview: What to Expect

Delta Air Lines is set to release Q2 2025 earnings today, with analysts expecting earnings of $2.06 per share, a 13% decrease YoY, and revenues of $15.46 billion, a 7% decrease from the year-ago quarter. UBS and Bank of America Securities maintain Buy ratings with price targets of $63 and $56, respectively. Analysts remain bullish about Delta's stock trajectory, with a Strong Buy consensus rating and an average price target of $58.09, implying 14.58% upside potential from current levels.

Delta Air Lines (DAL) is set to release its Q2 2025 earnings today, with analysts expecting earnings of $2.06 per share, a 13% decrease year-over-year (YoY), and revenues of $15.46 billion, a 7% decrease from the year-ago quarter. The consensus estimate for Q2 2025 revenue is $15.45 billion, and the earnings are expected to come in at $1.98 per share [1].

UBS and Bank of America Securities maintain Buy ratings with price targets of $63 and $56, respectively. Analysts remain bullish about Delta's stock trajectory, with a Strong Buy consensus rating and an average price target of $58.09, implying 14.58% upside potential from current levels [2].

Revenue estimates for Delta Air Lines Inc (NYSE:DAL) have declined from $59.59 billion to $57.49 billion for the full year 2025, and from $62.99 billion to $61.09 billion for 2026 over the past 90 days. Earnings estimates have also declined from $6.73 per share to $5.47 per share for the full year 2025, and from $7.85 per share to $6.58 per share for 2026 over the past 90 days [1].

After releasing the results, Delta Air Lines Inc (NYSE:DAL) was up by 23.38% in one day following its Q1 2025 earnings release. The 12-month price targets based on analyst estimates range from $36.77 to $88.00, with an average target of $60.25, implying an average upside of 19.26% from the current price of $50.52 [1].

GuruFocus estimates the GF Value for Delta Air Lines Inc (NYSE:DAL) in one year to be $45.12, suggesting a downside of -10.69% from the current price of $50.52. The average brokerage recommendation is currently 1.9, indicating an "Outperform" status [1].

References:
[1] https://finance.yahoo.com/news/expect-delta-air-lines-inc-131602355.html
[2] https://www.tipranks.com/stocks/dal/forecast