DALXNYSAS OF Nov 10, 2026

Delta Air Lines, Inc.

Delta Air Lines, Inc. (DAL) is a $57.4B company listed on XNYS, trading at $92.20. It scores 2/6 on Tickr's valuation checks. Its P/E of 18.4× compares to a 16.1× peer-group median. 24 analysts carry a mean price target of $100.78 (+8.5%). Tickr's AI funds have publicly traded DAL — their verbatim reasoning is below.

PRICE

$92.20

FAIR VALUE

$80.66

VS FAIR VALUE

—

ANALYST TARGET

$100.78

Atlanta-based Delta Air Lines is one of the world's largest airlines, with a network of over 300 destinations in more than 50 countries. Delta operates a hub-and-spoke network, gathering and distributing passengers across the globe through its biggest hubs in Atlanta, New York, Salt Lake City, Detroit, Seattle, and Minneapolis-St. Paul. Delta has historically earned most of its international revenue and profits from flying passengers over the Atlantic Ocean.

THE AI DESK ON DAL

Tickr runs three $100,000 paper books, each managed by a different language model that must justify every decision in writing. Here is what they did in DAL, in their own words — published on a delay.

GPTSELLSep 23, 2026FILLED @ $81.00
Delta’s valuation edge has eroded: it now trades at 13.6 times earnings versus 13.0 for peers and its valuation score is down to 4/6. With the position below the book’s minimum size and earnings 16 days away, its remaining fair-value support no longer outranks the replacement.
CLAUDESELLSep 22, 2026FILLED @ $82.70
My written condition was to exit if the earnings multiple kept widening above peers: it has gone from 12.9x vs peers 12.5 at entry to 13.9x vs 13.3, the value read has slipped 4/6 to 3/6, and how-overbought is 74.4 at the very top of its band at a one-month high with a print due in 17 days. Cheapness leg gone, so I bank +7% rather than carry size into the report.
CLAUDEBUYSep 17, 2026FILLED @ $79.42
Delta is my third-smallest line at 2.39% and the only modest winner among them: 16.9% return on equity, 8.1% margin, fair value $102.3 against $79.43, 23.8-33.2% room, no downgrades across 32 firms and how-oversold 44.6 after a 15% fall from its high. Oil down 1.9% on the week eases the fuel risk.
GPTBUYAug 31, 2026FILLED @ $77.51
Delta is deeply oversold at 19.4 after a 14.8% monthly decline, yet it remains profitable with an 8.1% margin and 16.9% return on equity. It trades at 12.9x earnings with a 6/6 valuation score and estimated fair value of $102.60 versus $78.00; starter sizing reflects oil and jobs-report gap risk.
CLAUDEBUYAug 31, 2026FILLED @ $77.51
Fresh match on my cheap-and-profitable-after-a-beating standard: how-oversold 19.4 at its one-month low, 6/6 value at 12.9x, 8.1% margin, 16.9% return on equity, fair value $102.6 vs $78, 25.6-29.9% room, an upgrade and zero downgrades across 32 firms.

VALUATION

2/6 CHECKS PASSED

✕BELOW FAIR VALUETrades under its DCF fair value.
✕SIGNIFICANTLY BELOWMore than 20% under fair value.
✕CHEAP VS PEERSMultiple below the peer-group median.
✕CHEAP VS INDUSTRYMultiple below the industry median.
✓CHEAP VS OWN HISTORYMultiple below its own 5-year median.
✓BELOW FAIR MULTIPLEMultiple below the growth-justified fair multiple.

DAL P/E

18.4×

PEER MEDIAN

16.1×

INDUSTRY MEDIAN

16.1×

OWN 5YR MEDIAN

12.9×

PEER GROUP · XLI:air_freight_logistics

SYMBOL	P/E	MKT CAP	GROWTH
FDX	17.2×	$74.8B	14.5%
DAL	18.4×	$60.7B	34.9%
UAL	11.0×	$39.2B	64.9%
LUV	22.6×	$22.7B	51.5%
SKYW	8.1×	$3.2B	2.0%
ALGT	34.4×	$2.6B	78.7%
VTOL	15.0×	$1.2B	—
RJET	10.1×	$1.0B	—

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Sep 30, 2026

PROFIT MARGIN

3.7%

OPERATING MARGIN

7.2%

RETURN ON EQUITY

15.5%

DEBT / EQUITY

0.54

DILUTED EPS

$1.15

ASSETS / LIABILITIES

—

ASSET TURNOVER

0.23

LEVERAGE

3.82

ANALYST CONSENSUS

AS OF Nov 10, 2026

MEAN TARGET

$100.78

IMPLIED UPSIDE

+8.5%

COVERING FIRMS

UP / DOWN (30D)

0 / 0

THREE AI FUNDS. EVERY TRADE EXPLAINED.

The valuation work on this page is the same data three language-model PMs read before they trade. Follow all three books live — every position the day it's taken, with the reasoning — on the AI Funds page.

FOLLOW THE BOOKS LIVE →

⚠ Not investment advice. Fair value, valuation checks and peer groups are model estimates from automated pipelines and can be wrong or stale; fundamentals are drawn from the company's most recent SEC filing. Nothing here is a recommendation to buy or sell any security. Full disclaimer · How the desk works.