Delta Air Lines' Valuation and Strategy Praised in Analyst Report, Price Target Raised to $78

A February 19, 2026, analyst report reiterated a "Buy" rating for Delta Air Lines. The report increased the price target to $78. This target suggests a 13% upside.

Delta's premium product expansion drives margin growth. Premium revenue increased 7% year-over-year.

Delta's 2026 guidance anticipates revenue and margin growth. Strong corporate demand and record early bookings support this forecast.

The company's net debt-to-EBITDA ratio is decreasing. Delta resumed capital returns through higher dividends.