Delta (DAL) Earnings Forecast Increased with Price Target Raised to $100

Bank of America has raised its price target for Delta Air Lines (DAL) from $93 to $100 ahead of its earnings report on July 10, 2026. The firm estimates a second-quarter unit revenue growth for Delta at 13.4%, up from 12%, and an EPS forecast of $1.48. For the third quarter, BofA upgraded Delta's unit sales forecast from 10.8% to 14.7%, increasing the EPS estimate from $1.67 to $2.48. Lower gasoline prices and stronger revenue forecasts support BofA's more optimistic outlook on Delta's profitability and cash flow.