Breaking: Delta Air Lines, Inc. (NYSE: $DAL) Surged 8% TodayShares of Delta Airlines, Inc (NYSE: NYSE:DAL ) surges 8% today after the company reported adjusted earnings per share (EPS) of $0.46 on operating revenue of $14.04 billion. Analysts polled by Visible Alpha had forecast $0.39 and $13.89 billion, respectively.
The company which provides scheduled air transportation for passengers and cargo in the United States and internationally reported passenger revenue per available seat mile (PRASM) of 16.78 cents and cost per available seat mile (CASM) of 19.69 cents; analysts had expected Delta to lose about 2.8 cents per ASM transporting passengers. Delta and domestic rivals United Airlines (UAL), American Airlines (AAL), and Southwest Airlines (LUV) all were profitable but lost money flying passengers in 2024.
Delta said it expects second-quarter revenue to rise or decline by 2% and adjusted EPS from $1.70 to $2.30, below the $2.41 consensus. The airline said it is not affirming or updating full-year projections at this time "given current uncertainty."
Analyst Forecast
According to 14 analysts, the average rating for DAL stock is "Strong Buy." The 12-month stock price forecast is $64.56, which is an increase of 68.30% from the latest price.
Technical Outlook
As of the time of writing, NYSE:DAL shares are up 6.69% trading within a bullish pattern. The asset has more to run as hinted by the RSI at 31. NYSE:DAL 's chart pattern shows a bullish engulfing candlestick and a break above the $45 pivot point could cement the path for a bullish move to the 1-month high.
Deltacorplong
DELTACORP LOW RISK HIGH REWARD IDEANSE:DELTACORP is trading at best buy level and also a strong support area. My idea is to take entry at 207 with stop loss of 189 (-18 Points Risk). My expected up side target will be 257 (+50 Points). It mat take 3-4 weeks to get target.
Note: This is my personal analysis, only for learning. Thanks.
DELTACORP Upside Idea PositionallyNSE:DELTACORP is consolidating above level of 218. My idea is to take entry at the level of 219 with strict stop loss of 202.
My expected upside target will be 229, 245, 256 & 270. Best risk & reward option.
Note: This is my personal analysis, only for learning. Thanks.
My Positional view on #DELTACORP After i good upside rally now NSE:DELTACORP is ready to take some rest or retracement.
As per my analysis. Best level to buy DELTACORP LTD is :
Entry level (Buy level) 204
Target 1: 229 (15 Points Gain)
Target 2: 250 (46 Points Gain)
Target 2: 271 (67 Points Gain)
Stop loss will be : 189 (Risk 15 Points only)
Note: This is per personal analysis, only for learning
DELTACORP ASCENDING TRIANGLE PATTERNHello
Welcome to this analysis about DELTACORP , we are looking at daily timeframe perspectives. DELTACORP in recent times heavily increased with Bullishness however it now moved into an oversold condition. DELTACORP is developing here that will be a decisive factor in the upcoming times. I discovered the main formation DELTACORP is developing here that will be a decisive factor in the upcoming times. As when looking at my chart now we can watch there how DELTACORP has emerged with this key ascending-wedge-formation marked in my chart with the black boundaries. DELTACORP is near support region which is an important support and also psychological support-mark together with the lower-boundary of the ascending-channel-formation a pullback
In this manner, thank you for watching my update-analysis about DELTACORP and its major ascending-wedge-formation with the determining factors we need to consider in upcoming times, support the analysis with a like and follow or comment for more market insight!
Delta Corp - getting ready for another jumpDelta Corp Ltd's price action is quite strong, it saw a good move and then consolidate for 3 days, and current levels are good levels to pyramid further.
If stock sustains 170 levels, it is probably moving towards 190 levels.
Refer to the linked post for detailed analysis