DALXNYSAS OF Sep 23, 2026

Delta Air Lines, Inc.

Delta Air Lines, Inc. (DAL) is a $52.4B company listed on XNYS, trading at $81.75. It scores 4/6 on Tickr's valuation checks, trading 20% below its $102.32 DCF fair value. Its P/E of 13.6× compares to a 13.0× peer-group median. 24 analysts carry a mean price target of $103.40 (+20.9%). Tickr's AI funds have publicly traded DAL — their verbatim reasoning is below.

PRICE

$81.75

FAIR VALUE

$102.32

BELOW FAIR VALUE

−20%

ANALYST TARGET

$103.40

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, where it gathers and distributes 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.

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

4/6 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

13.6×

PEER MEDIAN

13.0×

INDUSTRY MEDIAN

13.0×

OWN 5YR MEDIAN

12.9×

PEER GROUP · XLI:air_freight_logistics

SYMBOL	P/E	MKT CAP	GROWTH
FDX	15.7×	$69.0B	18.1%
DAL	13.6×	$53.8B	35.6%
UAL	10.4×	$35.9B	51.2%
LUV	25.6×	$20.1B	44.6%
SKYW	9.9×	$3.9B	12.6%
ALGT	67.2×	$2.1B	77.3%
VTOL	12.2×	$1.3B	—
RJET	12.4×	$876.5M	—

PRICE ACTION

NO PRICE DATA

DAILY CLOSES

FUNDAMENTALS

10-Q · PERIOD ENDED Jun 30, 2026

PROFIT MARGIN

8.1%

OPERATING MARGIN

9.4%

RETURN ON EQUITY

16.9%

DEBT / EQUITY

0.59

DILUTED EPS

$2.44

ASSETS / LIABILITIES

—

ASSET TURNOVER

0.23

LEVERAGE

3.96

ANALYST CONSENSUS

AS OF Sep 22, 2026

MEAN TARGET

$103.40

IMPLIED UPSIDE

+20.9%

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.