Barclays Raises Delta Air Lines (DAL) PT to $85 Citing Positive 2026 Catalysts

Delta Air Lines Inc. (NYSE:DAL) is one of the cheap S&P 500 stocks to invest in now. On January 12, Barclays raised the firm’s price target on Delta Air Lines to $85 from $65 while maintaining an Overweight rating on the shares. This decision was made as the firm revised its airline targets and cited positive catalysts for 2026. With demand momentum from late 2025 carrying over and industry growth slowing, airlines are facing favorable year-over-year comparisons.

On January 9, Susquehanna analyst Christopher Stathoulopoulos raised the firm’s price target on Delta Air Lines to $85 from $70 and kept a Positive rating on the shares as part of a Q4 2025 preview. The firm anticipates a favorable fundamental environment for the airline industry heading into 2026 and noted that specific carriers like Delta Air Lines Inc. (NYSE:DAL) are well-positioned to utilize strong brand loyalty and diversified revenue streams.

Barclays Raises Delta Air Lines (DAL) PT to $85 Citing Positive 2026 Catalysts

Furthermore, on December 7, TD Cowen increased its price target for Delta Air Lines to $82, up from the previous $77, while reiterating its Buy rating on the shares. This adjustment comes as part of the firm’s broader Q4 sector preview, which analyzed how the airline industry managed recent operational challenges. The sector handled a recent shutdown better than many anticipated.

Delta Air Lines Inc. (NYSE:DAL) provides scheduled air transportation for passengers and cargo in the US and internationally. The company operates through two segments: Airline and Refinery.

While we acknowledge the potential of DAL to grow, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and have limited downside risk. If you are looking for an AI stock that is more promising than DAL and that has 100x upside potential, check out our report about this cheapest AI stock.

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Disclosure: None. This article is originally published at Insider Monkey.