Southwest Airlines Co. (LUV)
NYSE: LUV · IEX Real-Time Price · USD
28.47
+0.02 (0.07%)
At close: Jun 27, 2024, 4:00 PM
28.60
+0.13 (0.46%)
Pre-market: Jun 28, 2024, 8:38 AM EDT
Southwest Airlines Co. Stock Forecast
Stock Price Forecast
The 17 analysts with 12-month price forecasts for LUV stock have an average target of 30.52, with a low estimate of 20 and a high estimate of 42. The average target predicts an increase of 7.20% from the current stock price of 28.47.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for LUV stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 | Jun '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 1 | 3 | 3 | 2 | 2 |
| Buy | 3 | 3 | 3 | 3 | 3 | 3 |
| Hold | 9 | 9 | 10 | 9 | 11 | 11 |
| Sell | 3 | 2 | 1 | 2 | 2 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 17 | 17 | 19 | 19 | 20 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| Citigroup | Citigroup | Hold Maintains $28 → $29 | Hold | Maintains | $28 → $29 | +1.86% | Jun 17, 2024 |
| Argus Research | Argus Research | Strong Buy → Hold Downgrades n/a | Strong Buy → Hold | Downgrades | n/a | n/a | May 28, 2024 |
| HSBC | HSBC | Hold Initiates $28 | Hold | Initiates | $28 | -2.35% | May 13, 2024 |
| Bernstein | Bernstein | Hold Maintains $27 → $26 | Hold | Maintains | $27 → $26 | -8.68% | May 6, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $27 → $25 | Hold | Maintains | $27 → $25 | -12.19% | Apr 30, 2024 |
Financial Forecast
Revenue This Year
28.08B
from 26.09B
Increased by 7.63%
Revenue Next Year
29.80B
from 28.08B
Increased by 6.11%
EPS This Year
1.07
from 0.76
Increased by 40.75%
EPS Next Year
1.88
from 1.07
Increased by 75.53%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 29.8B | 32.6B | 34.2B | 35.7B | 36.8B |
| Avg | 28.1B | 29.8B | 31.3B | 33.7B | 35.4B |
| Low | 26.0B | 27.8B | 29.4B | 32.1B | 34.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 14.3% | 15.9% | 14.8% | 14.0% | 9.2% |
| Avg | 7.6% | 6.1% | 5.2% | 7.6% | 5.0% |
| Low | -0.5% | -1.0% | -1.3% | 2.3% | 1.9% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 1.63 | 2.57 | 3.31 | 2.88 | 3.43 |
| Avg | 1.07 | 1.88 | 2.42 | 2.76 | 3.30 |
| Low | 0.25 | 0.49 | 1.23 | 2.67 | 3.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 114.1% | 140.5% | 76.1% | 18.9% | 24.5% |
| Avg | 40.8% | 75.5% | 28.9% | 13.9% | 19.8% |
| Low | -67.8% | -54.2% | -34.8% | 10.1% | 16.2% |
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.