Southwest Airlines Co. Stock Forecast

Stock Price Forecast

The 15 analysts with 12-month price forecasts for LUV stock have an average target of 31.15, with a low estimate of 25 and a high estimate of 42. The average target predicts a decrease of -9.33% from the current stock price of 34.36.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$25	$31.15	$30	$42
Change	-27.23%	-9.33%	-12.68%	+22.25%

Analyst Ratings

The average analyst rating for LUV stock from 16 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Jul '24	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24
Strong Buy	1	1	1	1	1	1
Buy	3	3	3	3	3	3
Hold	11	11	9	10	10	10
Sell	2	2	2	1	0	0
Strong Sell	2	2	1	1	2	2
Total	19	19	16	16	16	16

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
David Vernon Bernstein	Bernstein	Hold Maintains $30 → $33	Hold	Maintains	$30 → $33	-3.94%	Dec 11, 2024
Ravi Shanker Morgan Stanley	Morgan Stanley	Buy Initiates $42	Buy	Initiates	$42	+22.25%	Dec 11, 2024
Brandon Oglenski Barclays	Barclays	Hold Maintains $32 → $35	Hold	Maintains	$32 → $35	+1.88%	Dec 6, 2024
Thomas Wadewitz UBS	UBS	Strong Buy → Strong Sell Initiates $27	Strong Buy → Strong Sell	Initiates	$27	-21.41%	Nov 26, 2024
Catherine O'Brien Goldman Sachs	Goldman Sachs	Strong Sell Initiates $28	Strong Sell	Initiates	$28	-18.50%	Nov 15, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

27.74B

from 26.09B

6.31%

from 26.09B

Revenue Next Year

29.22B

from 27.74B

5.33%

from 27.74B

EPS This Year

0.78

from 0.76

2.72%

from 0.76

EPS Next Year

1.64

from 0.78

111.62%

from 0.78

Fiscal Year	FY 2019	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2019	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	22.43B	9.05B	15.79B	23.81B	26.09B	27.74B	29.22B	30.72B
Revenue Growth	2.11%	-59.66%	74.51%	50.82%	9.56%	6.31%	5.33%	5.15%
EPS	4.27	-5.44	1.61	0.87	0.76	0.78	1.64	2.39
EPS Growth	-0.47%	-	-	-45.72%	-13.46%	2.72%	111.62%	45.54%
Forward PE	-	-	-	-	-	44.23	20.90	14.36
No. Analysts	-	-	-	-	-	24	24	21

Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue	2024	2025	2026
High	28.9B	30.9B	32.7B
Avg	27.7B	29.2B	30.7B
Low	26.8B	27.6B	28.5B

Revenue Growth

Revenue Growth	2024	2025	2026
High	10.9%	11.5%	11.8%
Avg	6.3%	5.3%	5.1%
Low	2.8%	-0.4%	-2.5%

EPS Forecast

EPS	2024	2025	2026
High	0.89	2.31	3.15
Avg	0.78	1.64	2.39
Low	0.67	0.98	1.76

EPS Growth

EPS Growth	2024	2025	2026
High	18.0%	197.4%	91.6%
Avg	2.7%	111.6%	45.5%
Low	-11.9%	26.2%	7.3%

Sources: Price targets and analyst ratings provided by Benzinga. Revenue and EPS forecast data provided by Finnhub. The data is sourced from Wall Street analysts. Data disclaimer.