Southwest Airlines Co. (LUV)
NYSE: LUV · Real-Time Price · USD
29.93
+1.54 (5.42%)
At close: Sep 26, 2024, 4:00 PM
29.94
+0.01 (0.03%)
After-hours: Sep 26, 2024, 6:08 PM EDT
Southwest Airlines Co. Stock Forecast
Stock Price Forecast
The 13 analysts with 12-month price forecasts for LUV stock have an average target of 28.31, with a low estimate of 19 and a high estimate of 38. The average target predicts a decrease of -5.41% from the current stock price of 29.93.
Analyst Consensus: Hold
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 | Apr '24 | May '24 | Jun '24 | Jul '24 | Aug '24 | Sep '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 3 | 2 | 2 | 1 | 1 | 1 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 9 | 11 | 11 | 11 | 11 | 9 |
| Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 1 |
| Total | 19 | 20 | 20 | 19 | 19 | 16 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Evercore ISI Group | Evercore ISI Group | Hold → Buy Upgrades $30 → $35 | Hold → Buy | Upgrades | $30 → $35 | +16.94% | Sep 3, 2024 |
| Bernstein | Bernstein | Hold Maintains $26 → $24 | Hold | Maintains | $26 → $24 | -19.81% | Aug 5, 2024 |
| Citigroup | Citigroup | Hold Maintains $29 → $28 | Hold | Maintains | $29 → $28 | -5.61% | Jul 29, 2024 |
| Deutsche Bank | Deutsche Bank | Strong Buy → Hold Downgrades $32 → $29 | Strong Buy → Hold | Downgrades | $32 → $29 | -3.11% | Jul 26, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $26 → $19 | Hold | Maintains | $26 → $19 | -36.52% | Jul 17, 2024 |
Financial Forecast
Revenue This Year
27.23B
from 26.09B
Increased by 4.38%
Revenue Next Year
29.02B
from 27.23B
Increased by 6.55%
EPS This Year
0.21
from 0.76
Decreased by -71.80%
EPS Next Year
1.19
from 0.21
Increased by 458.27%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 28.8B | 31.1B | 33.9B | ||
| Avg | 27.2B | 29.0B | 30.9B | ||
| Low | 26.0B | 27.4B | 28.8B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 10.2% | 14.2% | 16.7% | ||
| Avg | 4.4% | 6.5% | 6.4% | ||
| Low | -0.5% | 0.6% | -0.6% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.03 | 2.31 | 3.15 | ||
| Avg | 0.21 | 1.19 | 1.89 | ||
| Low | -0.19 | 0.65 | 1.23 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 36.1% | 983.2% | 164.6% | ||
| Avg | -71.8% | 458.3% | 58.6% | ||
| Low | - | 203.3% | 2.9% |
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.