DAL — Delta Air Lines Inc

Stock analysis, trade plans, and proprietary indicators by Trend Edge.

About Delta Air Lines Inc

Delta Air Lines, Inc. provides scheduled air transportation for passengers and cargo in the United States and internationally. The company operates through two segments, Airline and Refinery. Its domestic network centered on core hubs in Atlanta, Detroit, Minneapolis-St. Paul, and Salt Lake City, as well as coastal hub positions in Boston, Los Angeles, New York-LaGuardia, New York-JFK, and Seattle; and international network centered on hubs and m… Read full Trend Edge analysis →

Trend Edge Proprietary Indicators

Key Metrics

Current Price$70.23
Market Cap$47.01B
Float648.9M
Shares Outstanding657.0M
P/E (Forward)12.99
P/E (TTM)10.45
Price/Sales (TTM)0.72
vs. Analyst Target+14.0% to analyst PT
Profit Margin6.87%
Operating Margin (TTM)3.18%
Revenue (TTM)$65.18B
Earnings Growth (YoY)44.60%
Dividend Rate0.8%
Analyst Target Price$80.09 (24 analysts)

Financial History

Annual Revenue & Earnings History

YearRevenueNet IncomeGross ProfitEBITDA
2020 $17.09B -$12.38B -$4.37B -$12.35B
2021 $29.90B $280M $2.13B $3.67B
2022 $50.58B $1.32B $11.16B $5.05B
2023 $58.05B $4.61B $15.52B $8.78B
2024 $61.64B $3.46B $16.56B $7.92B
2025 $63.36B $5.00B $14.47B $8.03B

Recent Quarterly Revenue & Net Income

QuarterRevenueNet Income
Jun 2025 $16.65B $2.13B
Sep 2025 $16.67B $1.42B
Dec 2025 $16.00B $1.22B
Mar 2026 $15.85B -$289M

Ownership & Float

Insider Ownership0.5%
Institutional Ownership84.8%
Short Float3.6%
% of All Funds Holding15.42%
Number of Funds Holding1,267

Current Moving Averages

Trend Edge tracks near-term, medium-term, cyclical, and secular moving averages across weekly and monthly timeframes to identify trend structure at every horizon.

TimeframeSMAValueTrend Context
Weekly10-Week SMA$67.43Near-term / short-term trend
Weekly40-Week SMA$64.79Medium-term trend
Weekly80-Week SMA$59.77Cyclical trend (business cycle)
Weekly200-Week SMA$47.93Secular trend (multi-year)
Monthly10-Month SMA$64.57Near-term monthly trend
Monthly20-Month SMA$59.53Medium-term monthly trend
Monthly40-Month SMA$50.77Secular monthly trend

Volume Shelves — Support & Resistance

Trend Edge identifies volume shelves: price zones where historically elevated trading volume creates structural support or resistance. A volume shelf forms when a disproportionate share of cumulative volume was transacted at a specific price level, making it a high-conviction anchor for future price reactions.

Price LevelTypeVolume RatioAge
$43.00 support 1.15x 11 months ago

Historical Earnings Reactions (76 events)

TimeframeAvg ReturnMedianWin RateBestWorst
Gap 0.82% 1.37% 64.47% 11.25% -8.22%
1 Day 1.61% 1.05% 57.89% 26.55% -20.14%
1 Week 3.83% 2.41% 63.16% 84.15% -30.51%
2 Weeks 2.19% 0.82% 53.95% 53.96% -31.12%
1 Month 3.50% 1.20% 52.00% 101.50% -49.35%

Next earnings: July 9, 2026 (53 days away)

Seasonality & Day-of-Week Patterns

Monthly Seasonality

MonthAvg ReturnWin RateSamples
Jan1.4%47.4%19
Feb-1.7%47.4%19
Mar-3.3%63.2%19
Apr0.4%47.4%19
May1.1%61.1%18
Jun-2.5%36.8%19
Jul2.0%52.6%19
Aug0.0%36.8%19
Sep2.8%52.6%19
Oct6.8%73.7%19
Nov5.8%68.4%19
Dec3.6%57.9%19

Day-of-Week Tendencies

DayAvg ReturnWin RateSamples
Monday -0.09% 50.7% 899
Tuesday 0.29% 52.2% 983
Wednesday -0.01% 51.5% 981
Thursday 0.10% 50.3% 962
Friday 0.09% 49.0% 960

Top Institutional Holders

Institutional holder breakdown coming soon.

Total institutional ownership: 84.8%

Insider Transactions — Smart Summary

Total insider ownership: 0.5%

12-Month Insider Activity Summary

Total Filings26
Net Value-$99.1M
Net Shares Change-424,260
% of Float-0.1%
C-Suite Filings25
Clusters Detected3

Key Insiders

NameTitleNet ValueFilingsActivity
HAUENSTEIN GLEN W President -$49.6M 2 2 sell
Samant Rahul D EVP and Chief Info Officer -$9.4M 2 2 sell
Bastian Edward H Chief Executive Officer -$7.0M 1 1 sell
Laughter John E EVP and Chief of Operations -$4.6M 2 2 sell
BELLEMARE ALAIN EVP and Pres. - International -$4.1M 2 2 sell
Sear Steven M EVP - Global Sales and Distrib -$2.9M 1 1 sell

Transaction Clusters

PeriodFilingsInsidersNet ValueSeniority
2025-07-14 – 2025-07-24 4 4 -$6.5M 4 C-suite
2026-01-16 – 2026-01-21 7 7 -$13.1M 7 C-suite
2026-02-03 – 2026-02-10 7 6 -$65.2M 7 C-suite

Significant Filings

DateInsiderTitleNet ValuePrice After
2026-05-08 BELLEMARE ALAIN EVP and Pres. - International -$1.5M Transaction at $72.75, now -3.5%
2026-04-15 Laughter John E EVP and Chief of Operations -$1.1M Transaction at $71.61, now -1.9%
2026-04-13 Laughter John E EVP and Chief of Operations -$3.6M Transaction at $59.67, now +17.7%
2026-02-27 Bastian Edward H Chief Executive Officer -$7.0M Transaction at $70.26, now -0.0%
2026-02-10 HAUENSTEIN GLEN W President -$25.3M Transaction at $61.40, now +14.4%
2026-02-06 HAUENSTEIN GLEN W President -$24.4M Transaction at $70.93, now -1.0%

View full insider transaction history on Trend Edge →

AI Consult Analysis

Trend Edge's AI Consult feature delivers a comprehensive, multi-layer trade plan for Delta Air Lines Inc (DAL) powered by Claude Opus — Anthropic's most capable AI model. The analysis covers five layers: technical analysis (near-term, medium-term, cyclical, and secular trend, momentum, volume shelf support and resistance, breakout and breakdown signals), qualitative analysis (business model, competitive moat, sector dynamics), insider sentiment (buy and sell signals from executive and director transactions), share stats analysis (institutional accumulation, fund positioning, short float squeeze potential), and fundamental analysis (valuation, revenue growth, profit margin, earnings quality).

AI Consult synthesizes all five layers into a single bullish or bearish thesis with explicit entry, exit, stop loss, and take profit levels — giving you a complete, AI-powered trade plan with defined risk/reward. Whether you are building a long position, initiating a short, or looking for a reversal setup, AI Consult identifies the highest-probability signal from the current trend.

Get the full AI Consult analysis for DAL on Trend Edge →