DAL
Delta Air Lines Inc
Position levels
Currenttoday
USD 87.44
Buy <=wait / entry
USD 74.00
Trim >=take some off
USD 94.00
Thesis breakDelta withdraws its affirmed 2026 EPS target, reports Q2 2026 operating margin b...
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Scenario-weighted conviction
| Probability | Score | Contribution | |
|---|---|---|---|
| Bull case | 40% | 100 / 100 | 40.0 |
| Base case | 50% | 62 / 100 | 31.0 |
| Bear case | 10% | 10 / 100 | 1.0 |
| Weighted conviction | 72 / 100 - BUY | ||
Top risks
- June quarter earnings topped guidance with $1.4B pre-tax profit and double-digit ROIC
- Affirmed full-year 2026 adjusted EPS guidance of $6.50 to $7.50 and FCF of $3 to $4 billion
- 15 percent dividend increase announced beginning September quarter alongside balance sheet strengthening