Southwest Airlines Co. (LUV)

Southwest Airlines Co. Stock Forecast

Stock Price Forecast

The 16 analysts with 12-month price forecasts for LUV stock have an average target of 32.27, with a low estimate of 25 and a high estimate of 42. The average target predicts a decrease of -3.01% from the current stock price of 33.27.

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$25	$32.27	$32	$42
Change	-24.86%	-3.01%	-3.82%	+26.24%

Analyst Ratings

The average analyst rating for LUV stock from 17 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating	Aug '24	Sep '24	Oct '24	Nov '24	Dec '24	Jan '25
Strong Buy	1	1	1	1	1	1
Buy	3	3	3	3	3	3
Hold	11	9	10	10	10	9
Sell	2	2	1	0	0	1
Strong Sell	2	1	1	2	2	3
Total	19	16	16	16	16	17

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Andrew Didora B of A Securities	B of A Securities	Hold → Sell Downgrades $33 → $31	Hold → Sell	Downgrades	$33 → $31	-6.82%	Jan 17, 2025
Stephen Trent Citigroup	Citigroup	Hold → Strong Sell Downgrades $32 → $30	Hold → Strong Sell	Downgrades	$32 → $30	-11.33%	Jan 16, 2025
Christopher Stathoulopoulos Susquehanna	Susquehanna	Hold Maintains $33 → $38	Hold	Maintains	$33 → $38	+14.22%	Jan 7, 2025
Thomas Wadewitz UBS	UBS	Strong Sell Maintains $27 → $29	Strong Sell	Maintains	$27 → $29	-12.83%	Jan 7, 2025
Savanthi Syth Raymond James	Raymond James	Buy Maintains $36 → $40	Buy	Maintains	$36 → $40	+20.23%	Dec 30, 2024

More Analyst Ratings

Financial Forecast

Revenue This Year

27.76B

Increased by 6.38%

from 26.09B

Revenue Next Year

29.20B

Increased by 5.21%

from 27.76B

EPS This Year

0.78

Increased by 2.72%

from 0.76

EPS Next Year

1.64

Increased by 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	27.76B	29.20B	30.71B
Revenue Growth	2.11%	-59.66%	74.51%	50.82%	9.56%	6.38%	5.21%	5.16%
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	-	-	-	-	-	42.83	20.24	13.91
No. Analysts	-	-	-	-	-	24	24	21

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

Revenue Forecast

Revenue	2024	2025	2026	2027	2028
High	28.9B	30.9B	32.5B
Avg	27.8B	29.2B	30.7B
Low	26.8B	27.6B	28.5B

Revenue Growth

Revenue Growth	2024	2025	2026	2027	2028
High	10.9%	11.4%	11.2%
Avg	6.4%	5.2%	5.2%
Low	2.8%	-0.4%	-2.5%

EPS Forecast

EPS	2024	2025	2026	2027	2028
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	2027	2028
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.