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DALDelta Air Lines, Inc.Sell6.4·$79.80

Delta Air Lines (DAL) Q3 2026 earnings — TrendMatrix coverage

MISS-2.1% vs estimateEPS $1.72 vs $1.76 estCurrent verdict Sell 6.4/10

Reported

Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy

Event detail · Q3 2026

Key numbers

Adjusted EPS
$1.72
Estimate
$1.76
Surprise
-2.1%
Revenue (period 2026-09-30)
$20.19B
Score today
6.4/10

Revenue source: xbrl.

Report record · Q3 2026

How the report landed

Delta Air Lines (DAL) missed the $1.76 estimate with adjusted EPS of $1.72 — a modest 2.1% shortfall.

Around the report

Coverage in the report window

  • Global Airline Industry’s Woes Go From Bad To Worse With Deadly Houthi Strikes On Riyadh Airport — benzinga, 2026-10-11
  • Delta Reconsiders First-Ever US Airline Flights to Riyadh After Deadly Airport Attacks, CEO Ed Bastian Says ‘Safety Is G — benzinga, 2026-10-10
  • Here's How Much $1000 Invested In Delta Air Lines 15 Years Ago Would Be Worth Today — benzinga, 2026-10-09
Current read · as of 2026-10-30

Where TrendMatrix's rating stands now

TrendMatrix currently rates DAL Sell at 6.4/10; no pre/post engine snapshot brackets this report.

2 of the last 4 quarters beat the estimate; this quarter's -2.1% surprise compares with a +3.5% four-quarter average. Next scheduled report: 2027-01-13.

What argues against it

  • Quality below floor (3.6 < 4.0)
  • NEWS:LEGAL

This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.

Current engine read

The levels TrendMatrix's engine tracks

Current price
$79.80
Price target
$90.70
Stop
$74.21
Upside to target
+13.7%
Reward-to-risk
1.8:1

The stock trades at 16.3× trailing but 11.2× forward earnings — consensus estimates already build in a substantial earnings recovery.

Model outputs from TrendMatrix’s engine as of 2026-10-30 — shown for context, not personalized investment advice.

Industrials context

DAL at TrendMatrix's latest read

Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.

Industry
Airlines
Market cap
$53.71B
P/E (fwd)
11.2
P/E (ttm)
16.3
52-week range
$55.03–$95.68
Off 52-week high
16.6%
RSI (14)
50
Volume vs avg
0.02×
Score today
6.4/10

EPS and the estimate come from Yahoo Finance’s earnings calendar, captured around the report date. That EPS is the adjusted figure analysts forecast, so it can differ from the GAAP diluted EPS in the company’s filing, and consensus estimates vary between data providers. Revenue comes from SEC XBRL company facts where available, yfinance-provisional otherwise. Not a buy/sell rating, a price target, or investment advice — see the current verdict on the stock’s main page for TrendMatrix’s live read.

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