12 Best Very Cheap Stocks to Buy in 2026

3. Delta Air Lines, Inc. (NYSE:DAL)

Forward P/E: 7.11

On March 5, Rothschild & Co Redburn lowered its price target on Delta Air Lines, Inc. (NYSE:DAL) to $70 from $72 while maintaining a Buy rating. The firm warned that domestic airline capacity growth is accelerating throughout the year and that geopolitical tensions involving Iran could add disruptive pressures while increasing fuel costs. According to the analyst, higher fuel prices have led to a meaningful reduction in the firm’s airline earnings forecasts and could trigger substantial downward revisions to industry consensus estimates.

The same day, Delta Air Lines, Inc. (NYSE:DAL) announced a series of leadership changes. After more than three decades with the company, John Laughter will retire as Executive Vice President, Chief of Operations, and President of Delta TechOps effective April 30. Following his retirement, Dan Janki will assume the role of Chief Operating Officer, overseeing Delta’s airport operations, flight operations, in-flight service, reservations, technical operations, and corporate safety and compliance functions. Alain Bellemare, Executive Vice President and President – International, will also take on additional responsibilities as Chairman of Delta TechOps.

Delta Air Lines, Inc. (NYSE:DAL) also announced that Erik Snell will become Chief Financial Officer, overseeing Delta’s finance organization, fleet and supply chain teams, and refinery subsidiary Monroe Energy. Snell joined Delta two decades ago and most recently served as Chief Customer Experience Officer. Meanwhile, Chief Marketing Officer Alicia Tillman will depart the company to pursue broader leadership opportunities. Following her departure, Ranjan Goswami will assume the role of Chief Marketing and Product Officer.

Delta Air Lines, Inc. (NYSE:DAL) is one of the largest airlines in the United States and is headquartered in Atlanta, Georgia. Founded in 1925, the airline operates a global network of flights and maintains nine major hub airports across its route system.