Southwest Airlines Co. (LUV)
NYSE: LUV · IEX Real-Time Price · USD
29.27
+0.86 (3.03%)
At close: Mar 27, 2024, 4:00 PM
29.20
-0.07 (-0.24%)
Pre-market: Mar 28, 2024, 4:00 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 32.65, with a low estimate of 20 and a high estimate of 47. The average target predicts an increase of 11.55% from the current stock price of 29.27.

Analyst Consensus: Hold
Target Low Average Median High
Price $20 $32.65 $32 $47
Change -31.67% +11.55% +9.33% +60.57%

Analyst Ratings

The average analyst rating for LUV stock from 19 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.

Recommendation Trends

Rating Oct '23Nov '23Dec '23Jan '24Feb '24Mar '24
Strong Buy 000013
Buy 444333
Hold 10999910
Sell 122321
Strong Sell 122222
Total 161717171719

Latest Forecasts

Analyst Firm Rating Rating Action Price Target Upside Date
UBS
UBS
Strong Buy
Initiates
$36
Strong Buy Initiates $36 +22.99% Mar 20, 2024
Bernstein
Bernstein
Hold
Maintains
$32$27
Hold Maintains $32$27 -7.76% Mar 13, 2024
Jefferies
Jefferies
Hold
Upgrades
$20$28
Hold Upgrades $20$28 -4.34% Mar 13, 2024
Argus Research
Argus Research
Strong Buy
Upgrades
$40
Strong Buy Upgrades $40 +36.66% Mar 12, 2024
Deutsche Bank
Deutsche Bank
Strong Buy
Upgrades
$28$42
Strong Buy Upgrades $28$42 +43.49% Feb 20, 2024
More Analyst Ratings

Financial Forecast

Revenue This Year
28.75B
from 26.09B
Increased by 10.20%
Revenue Next Year
30.57B
from 28.75B
Increased by 6.33%
EPS This Year
1.81
from 0.76
Increased by 138.69%
EPS Next Year
2.45
from 1.81
Increased by 35.00%
Year 201920202021202220232024202520262027
Revenue
22.43B9.05B15.79B23.81B26.09B28.75B30.57B31.95B34.37B
Revenue Growth
2.11%-59.66%74.51%50.82%9.56%10.20%6.33%4.50%7.58%
EPS
4.27-5.441.610.870.761.812.452.683.00
EPS Growth
-0.47%---45.96%-12.64%138.69%35.00%9.62%11.74%
No. Analysts -----2121122
Historical EPS numbers are GAAP, while forecasted numbers may be non-GAAP.

Revenue Forecast

Revenue 2024202520262027
High 30.7B 33.3B 34.2B 35.7B
Avg 28.8B 30.6B 31.9B 34.4B
Low 26.5B 28.7B 30.4B 33.3B

Revenue Growth

Revenue Growth 2024202520262027
High
17.5%
15.7%
11.7%
11.8%
Avg
10.2%
6.3%
4.5%
7.6%
Low
1.4%
-0.2%
-0.5%
4.4%

EPS Forecast

EPS 2024202520262027
High 2.52 3.36 3.60 3.12
Avg 1.81 2.45 2.68 3.00
Low 1.17 1.86 1.56 2.91

EPS Growth

EPS Growth 2024202520262027
High
231.6%
85.2%
46.8%
16.2%
Avg
138.7%
35.0%
9.6%
11.7%
Low
53.6%
2.6%
-36.4%
8.4%
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.