Delta Air Lines (DAL): The Best Cheap Large Cap Stock to Buy Now

Delta Air Lines, Inc. (NYSE:DAL) is one of the 8 Cheap Large Cap Stocks to Buy Now. On April 9, 2026, TD Cowen raised the price target on Delta Air Lines, Inc. (NYSE:DAL) to $84 from $76 and maintained a Buy rating after updating its model following a Q1 update. TD Cowen said fuel volatility highlights the durability of the company’s business and could raise the long-term RASM floor as weaker competitors pull back, while noting net debt is at its lowest level since pre-COVID.

Similarly, Citi raised its price target on Delta Air Lines, Inc. (NYSE:DAL) to $79 from $77 previously and maintained a Buy rating on the shares. Citi said the company delivered a Q1 earnings beat supported by strong demand trends, reinforcing its position across key market segments.

On April 8, 2026, Delta Air Lines, Inc. (NYSE:DAL) reported Q1 adjusted EPS of 64c compared to the 56c consensus estimate, with revenue of $15.85B versus $14.82B consensus. CEO Ed Bastian said results were “more than 40 percent higher” year over year despite higher fuel costs and operational disruptions, highlighting strong performance and $1.3B in profit-sharing payouts.

Delta Air Lines, Inc. (NYSE:DAL) provides passenger and cargo air transportation services globally.

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