Southwest Airlines Co. (LUV)

Southwest Airlines Co. Stock Forecast

Stock Price Forecast

The 18 analysts that cover Southwest Airlines Co. stock have a consensus rating of "Hold" and an average price target of $44.97, which forecasts a -14.74% decrease in the stock price over the next year. The lowest target is $23 and the highest is $60.

Price Target: $44.97 (-14.74%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$23	$44.97	$48	$60
Change	-56.39%	-14.74%	-9.00%	+13.75%

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	Sep '25	Oct '25	Nov '25	Dec '25	Jan '26	Feb '26
Strong Buy	0	0	0	0	0	0
Buy	2	2	2	3	5	5
Hold	8	7	7	11	10	10
Sell	2	2	2	2	1	1
Strong Sell	2	2	1	1	2	2
Total	14	13	12	17	18	18

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Christopher Stathoulopoulos Susquehanna	Susquehanna	Hold Maintains $45 → $55	Hold	Maintains	$45 → $55	+4.28%	Feb 3, 2026
Atul Maheswari UBS	UBS	Hold Maintains $45 → $51	Hold	Maintains	$45 → $51	-3.31%	Feb 2, 2026
Sheila Kahyaoglu Jefferies	Jefferies	Hold Maintains $45 → $48	Hold	Maintains	$45 → $48	-9.00%	Feb 2, 2026
Tom Fitzgerald TD Cowen	TD Cowen	Hold Maintains $42 → $50	Hold	Maintains	$42 → $50	-5.20%	Jan 30, 2026
Catherine O'Brien Goldman Sachs	Goldman Sachs	Strong Sell Maintains $29 → $32	Strong Sell	Maintains	$29 → $32	-39.33%	Jan 30, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

31.02B

Increased by 10.54%

from 28.06B

Revenue Next Year

32.65B

Increased by 5.24%

from 31.02B

EPS This Year

3.24

Increased by 310.75%

from 0.79

EPS Next Year

4.12

Increased by 27.00%

from 3.24

Fiscal Year	FY 2021	FY 2022	FY 2023	FY 2024	FY 2025	FY 2026	FY 2027
Period Ending	Dec 31, 2021	Dec 31, 2022	Dec 31, 2023	Dec 31, 2024	Dec 31, 2025	Dec 31, 2026	Dec 31, 2027
Revenue	15.79B	23.81B	26.09B	27.48B	28.06B	31.02B	32.65B
Revenue Growth	74.51%	50.82%	9.56%	5.34%	2.11%	10.54%	5.24%
EPS	1.61	0.87	0.76	0.75	0.79	3.24	4.12
EPS Growth	-	-45.73%	-13.46%	-0.26%	4.74%	310.75%	27.00%
Forward PE	-	-	-	-	-	16.25	12.80
No. Analysts	-	-	-	-	-	27	25

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

Revenue Forecast

Revenue	2026	2027	2028	2029
High	33.9B	35.6B
Avg	31.0B	32.6B
Low	29.4B	30.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029
High	20.7%	14.9%
Avg	10.5%	5.2%
Low	4.9%	-1.1%

EPS Forecast

EPS	2026	2027	2028	2029
High	5.25	6.41
Avg	3.24	4.12
Low	2.08	2.88

EPS Growth

EPS Growth	2026	2027	2028	2029
High	564.6%	97.4%
Avg	310.7%	27.0%
Low	163.5%	-11.2%

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.