Southwest Airlines Co. Stock Forecast

Stock Price Forecast

The 13 analysts that cover Southwest Airlines Co. stock have a consensus rating of "Hold" and an average price target of $33.46, which forecasts a 3.11% increase in the stock price over the next year. The lowest target is $23 and the highest is $42.

Price Target: $33.46 (+3.11%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23	$33.46	$34	$42
Change	-29.12%	+3.11%	+4.78%	+29.43%

Analyst Ratings

The average analyst rating for Southwest Airlines Co. stock is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	May '25	Jun '25	Jul '25	Aug '25	Sep '25	Oct '25
Strong Buy	0	0	0	0	0	0
Buy	3	3	2	2	2	2
Hold	9	9	9	8	8	7
Sell	2	2	2	2	2	2
Strong Sell	2	2	2	2	2	2
Total	16	16	15	14	14	13

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Thomas Wadewitz UBS	UBS	Hold Maintains $35 → $33	Hold	Maintains	$35 → $33	+1.69%	Oct 24, 2025
Jamie Baker JP Morgan	JP Morgan	Sell Maintains $35 → $36	Sell	Maintains	$35 → $36	+10.94%	Oct 24, 2025
Christopher Stathoulopoulos Susquehanna	Susquehanna	Hold Maintains $30 → $35	Hold	Maintains	$30 → $35	+7.86%	Oct 3, 2025
Sheila Kahyaoglu Jefferies	Jefferies	Hold Maintains $30 → $31	Hold	Maintains	$30 → $31	-4.47%	Oct 1, 2025
Duane Pfennigwerth Evercore ISI Group	Evercore ISI Group	Hold Maintains $34 → $35	Hold	Maintains	$34 → $35	+7.86%	Sep 29, 2025

More Analyst Ratings

Financial Forecast

Revenue This Year

28.50B

from 27.48B

3.72%

from 27.48B

Revenue Next Year

30.74B

from 28.50B

7.84%

from 28.50B

EPS This Year

1.13

from 0.75

49.38%

from 0.75

EPS Next Year

2.70

from 1.13

139.50%

from 1.13

Fiscal Year	FY 2020	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026
Period Ending	Dec 31, 2020	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026
Revenue	9.05B	15.79B	23.81B	26.09B	27.48B	28.50B	30.74B
Revenue Growth	-59.66%	74.51%	50.82%	9.56%	5.34%	3.72%	7.84%
EPS	-5.44	1.61	0.87	0.76	0.75	1.13	2.70
EPS Growth	-	-	-45.73%	-13.46%	-0.26%	49.38%	139.50%
Forward PE	-	-	-	-	-	28.80	12.03
No. Analysts	-	-	-	-	-	24	24

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

Revenue Forecast

Revenue	2025	2026
High	29.7B	33.1B
Avg	28.5B	30.7B
Low	27.5B	29.4B

Revenue Growth

Revenue Growth	2025	2026
High	8.0%	16.0%
Avg	3.7%	7.8%
Low	0.2%	3.1%

EPS Forecast

EPS	2025	2026
High	1.29	4.20
Avg	1.13	2.70
Low	0.93	2.08

EPS Growth

EPS Growth	2025	2026
High	71.2%	272.8%
Avg	49.4%	139.5%
Low	23.3%	84.7%

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.