• The Invest.MT5 account allows you to buy real stocks and shares from 15 of the largest stock exchanges in the world.

All trading is high risk and you can lose more than you risk on a trade. Never invest more than you can afford to lose, as some trades will lose and some trades will win. Start small to understand your own risk tolerance levels or practice on a demo account first to build your knowledge before investing.

Delta Air Lines Q2 2023 Performance

Here are some of the key highlights from the latest second-quarter earnings report from Delta Air Lines: 

• Earnings per share of $2.68 vs $2.40 expected, an increase of 86% year on year (YoY).
• Revenue of $14.61 billion vs $14.44 billion expected, an increase of 19% YoY.
• Operating income of $2.49 billion up from $1.45 billion the previous year.
• International passenger revenue rose 61% as international travel boomed.
• Premium and Loyalty revenue grew by 25% and 20% respectively.

Not only did Delta beat market expectations in Q2 but it posted its highest ever quarterly revenue and profitability and raised its full-year outlook for the second time in as many months.

Delta, like many other airlines, has benefitted in 2023 from a surge in demand for leisure travel and falling jet fuel prices, which can account for as much as 30% of an airline’s operating expenses.

These changing conditions have shifted sentiment surrounding airlines, with many enjoying a great start to the year in the stock market. Delta’s share price has soared 38% so far in 2023, and many analysts forecast that it could climb further yet, more on that later.

Particularly encouraging for Delta Air Lines is the increase in Premium and Loyalty revenue, which suggests that business travel is recovering, having lagged behind leisure travel the last couple of years. Business travellers pay higher rates and, consequently, business travel is a very important component of revenue for airlines which offer this service.

Nevertheless, whilst the outlook for the airline industry has certainly improved, the economic outlook remains somewhat uncertain. The global economy has slowed considerably, and some economists still forecast that the US may enter recession later this year. Given the highly cyclical nature of the airline industry, a slowing economy and a high cost of living could take its toll on demand for air travel in the coming months.

Delta Air Lines Stock Forecast – What do the Analysts Say?

According to analysts polled by TipRanks for a Delta stock forecast in the past 3 months, there are currently 17 buy, 0 hold and 0 sell ratings on the stock. The highest price level for a Delta Air Lines stock forecast is $77.00 with the lowest price target at $45.00. 

The average price target for a Delta Air Lines stock forecast is $59.88.

 

An Example Trading Idea for the Delta Share Price

An example trading idea for the Delta Air Lines share price could be as follows:  

• Buy the stock on a break above $49.00 to allow for volatility. 
• Target just below the average analyst price target at $59.00. 
• Keep your risk small at a maximum of 5% of your total account.   
• Time Line = 6 – 12 months  
• If you buy 25 Delta Air Lines shares:  

• If target is reached = $250.00 potential profit [($59.00 – $49.00) * 25 shares].

Remember that markets go up and down and the share price is unlikely to move up in a straight line. In fact, it may even go much further down before it rises, if it rises at all.

Be sure to exercise good risk management and always know how much you could potentially lose on a trade, the risks involved and the costs.

With the Admirals Invest.MT5 account you can buy and sell US stocks with a commission from $0.02 per share. That means buying 25 Delta Air Lines shares would result in a commission of $0.50 ($0.02 * 25 shares) for executing a per-side transaction.

However, there is a low minimum transaction fee of $1. So, the example trading idea above would result in a commission of just $1 overall! 

How to Buy Delta Air Lines Shares in 4 Steps  

With Admirals, you can buy shares in companies like Delta Air Lines with a low commission of just $0.02 per share and a low minimum commission of just $1 on US stocks. 

• Open an account with Admirals to access the Dashboard.   
• Click Invest on one of your live or demo accounts to open the web platform.   
• Search for your stock in the search window at the top right to view the price chart. 
• Click Create New Order at the bottom of the screen, enter the number of shares you wish to purchase and click ‘Buy’ to send your order to the market!

 

Click on the banner below to trade Delta Air Lines stock today! ▼▼▼ 

Do You See the Delta Stock Price Moving Differently?   

This means you can trade long and short to potentially profit from rising and falling stock prices.

Remember that all analytics and trading ideas are based on the personal view and experience of the author.  

If you believe there is a higher chance Delta’s share price will move lower, then you can choose to trade short using a CFD (Contracts for Difference) trading account which Admirals also provide.  

The Trade.MT5 and Trade.MT4 accounts allow you to speculate on the price direction of stocks and shares using CFDs.  

This means you can trade long and short to potentially profit from rising and falling stock prices. Learn more about CFDs in this article: How to Trade CFDs.

INFORMATION ABOUT ANALYTICAL MATERIALS:

The given data provides additional information regarding all analysis, estimates, prognosis, forecasts, market reviews, weekly outlooks or other similar assessments or information (hereinafter “Analysis”) published on the websites of Admirals investment firms operating under the Admirals trademark (hereinafter “Admirals”) Before making any investment decisions please pay close attention to the following:

• This is a marketing communication. The content is published for informative purposes only and is in no way to be construed as investment advice or recommendation. It has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and that it is not subject to any prohibition on dealing ahead of the dissemination of investment research.
• Any investment decision is made by each client alone whereas Admirals shall not be responsible for any loss or damage arising from any such decision, whether or not based on the content.
• With view to protecting the interests of our clients and the objectivity of the Analysis, Admirals has established relevant internal procedures for prevention and management of conflicts of interest.
• The Analysis is prepared by an independent analyst Roberto Rivero, Freelance Contributor (hereinafter “Author”) based on personal estimations.
• Whilst every reasonable effort is taken to ensure that all sources of the content are reliable and that all information is presented, as much as possible, in an understandable, timely, precise and complete manner, Admirals does not guarantee the accuracy or completeness of any information contained within the Analysis.
• Any kind of past or modeled performance of financial instruments indicated within the content should not be construed as an express or implied promise, guarantee or implication by Admirals for any future performance. The value of the financial instrument may both increase and decrease and the preservation of the asset value is not guaranteed.
• Leveraged products (including contracts for difference) are speculative in nature and may result in losses or profit. Before you start trading, please ensure that you fully understand the risks involved.