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DAL

Delta Air LinesD
NYSE / Transportation
Last Price
Quote time unavailable
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Current thesis
Adjusted revenue rose 16% on flat capacity, with premium revenue up 18% and loyalty revenue up 18%. Sustained yields and premium demand could protect cash generation if fuel pressure eases.
Posture
Defensive
Lead driver
Value
What changed
9 setup hits (3d) with net bullish as of 2026-10-26.
What can break
Adjusted non-fuel unit costs rose 7.3% year over year, reflecting crew and revenue-related costs and operational disruption; the expected improvement remains unproven. Delta's September-quarter release
Momentum
56
Value
61
Sentiment
36
Setup hits (3d)
9 · Net Bullish
AI TargetsBase $78.00 · Bull $95.00 · Bear $63.00Analysis 2026-10-14; returns require an exact persisted reference.
Data freshness
Prices
Unavailable: Price unavailable
Fundamentals
As of 2026-10-26 • Vendor: Data Vendor v1
Scores
As of 2026-10-26 • Model: HYBRID_IC_RP
AI Memo
As of 2026-10-14 • Model: RankAlpha Sentiment Codex
Investment thesis
As of 2026-10-26

Grade is the composite factor band; factor scores use a 0–100 scale. Confidence describes evidence quality, not a probability of return. Score date: 2026-10-26. Definitions

Supporting evidence
What
Grade D · Defensive
Confidence Medium · Net Bullish
Target $102.85
Why
Momentum56 · Δ7d -6.0
Value61 · Δ7d -0.3
Sentiment36 · Δ7d -3.9
So what
Weak posture (Net Bullish). Prioritize risk control and patience.

Confirming evidence

  • • 9 setup hits (3d) with net bullish as of 2026-10-26.
  • • News driver: Delta Cites Higher Fuel Prices in Reducing Profit Outlook.
  • • Value remains the lead driver in the composite, 7D delta -0.3.

Contradictions & invalidation

  • • Adjusted non-fuel unit costs rose 7.3% year over year, reflecting crew and revenue-related costs and operational disruption; the expected improvement remains unproven. Delta's September-quarter release
  • • The December-quarter outlook assumes approximately $4.25-per-gallon all-in fuel; a higher realized price could further compress margins. Delta's September-quarter release
  • • The guidance cut is a material negative thesis change: adjusted operating margin fell to 9.4% from 11.1% a year earlier despite strong revenue, and non-fuel unit costs rose 7.3%.

Catalyst clock

2026-10-09

September-quarter results reset the 2026 earnings outlook

Lead driver: Value · See fundamentals
Momentum
56
8% active weight
Current posture
7d trendSoftening
Δ7d
-6.0
Δ21d
-13.6
Value
61
47% active weight
Current posture
7d trendFlat
Δ7d
-0.3
Δ21d
+0.6
Sentiment
36
45% active weight
Current posture
7d trendSoftening
Δ7d
-3.9
Δ21d
-10.7
Why this grade

Composite grade D. Momentum 56.3 / Value 61.1 / Sentiment 36.4

Scenario snapshot

Scenario probability is memo-authored likelihood, not forecast certainty. Targets belong to the analysis dated 2026-10-14. Scenario method

B+
Bull case
20%
Probability
Target price
$95.00
Analysis reference price unavailable
Analysis 2026-10-14 · RankAlpha Sentiment Codex
Most likely
B
Base case
45%
Probability
Target price
$78.00
Analysis reference price unavailable
Analysis 2026-10-14 · RankAlpha Sentiment Codex
B-
Bear case
35%
Probability
Target price
$63.00
Analysis reference price unavailable
Analysis 2026-10-14 · RankAlpha Sentiment Codex
Fundamentals (TTM)
As of 2026-10-26
Market Cap
$52.08B
Beta
1.37
Shares Out
657.91M
P/E (TTM)
10.1
P/S (TTM)
0.75
P/FCF (TTM)
17.63
Rev YoY
+18.7%
EPS YoY
-25.4%
Gross Margin
+16.0%
Op Margin
+8.1%
Net Debt
$15.83B
Current Ratio
0.42
As of 2026-10-26 • Updated nightlySource: Internal modelMethods & Data