Delta Air Lines, Inc.’s stock was at $59.47 on September 18th, with a trailing P/E of 8.55 and a forward P/E of 8.11. In the June quarter, DAL reported record revenue of $15.5 billion, with adjusted EPS of $2.10. Operating margins were at 13.2%, with full-year EPS guidance of $5.25–$6.25 and free cash flow expectations of $3–$4 billion.

Shares of Delta Air Lines (DAL) climbed 10–12% after the strong June-quarter results, making it one of the top performers on the S&P 500. The stock broke out above $51, with potential upside to $60. For long-term investors, pullbacks to $45–$47 offer an attractive free-cash-flow yield and a forward dividend yield exceeding 2%.

Delta’s combination of record revenue, strong earnings, and restored guidance positions it for both near-term trading gains and long-term accumulation. With multiple catalysts supporting sustained upside in the stock, investors remain confident in DAL’s potential. The stock has appreciated approximately 17% since previous bullish coverage in September 2025, with further upside expected to $56.

Read more at Yahoo Finance: Delta Air Lines, Inc. (DAL): A Bull Case Theory