Southwest Airlines Co. (LUV)

Southwest Airlines Co. Stock Forecast

Stock Price Forecast

The 19 analysts that cover Southwest Airlines Co. stock have a consensus rating of "Hold" and an average price target of $45.08, which forecasts a 18.10% increase in the stock price over the next year. The lowest target is $32 and the highest is $60.

Price Target: $45.08 (+18.10%)

Analyst Consensus: Hold

Target	Low	Average	Median	High
Price	$32	$45.08	$44	$60
Change	-16.16%	+18.10%	+15.27%	+57.19%

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	Nov '25	Dec '25	Jan '26	Feb '26	Mar '26	Apr '26
Strong Buy	1	1	1	3	3	3
Buy	2	3	5	5	5	5
Hold	7	11	10	8	7	8
Sell	2	2	1	1	1	1
Strong Sell	1	1	2	2	3	2
Total	13	18	19	19	19	19

Latest Forecasts

Analyst	Firm	Rating	Rating	Action	Price Target	Upside	Date
Sheila Kahyaoglu Jefferies	Jefferies	Hold Maintains $42 → $37	Hold	Maintains	$42 → $37	-3.07%	Apr 27, 2026
Duane Pfennigwerth Evercore ISI Group	Evercore ISI Group	Hold Maintains $43 → $44	Hold	Maintains	$43 → $44	+15.27%	Apr 24, 2026
Achal Kumar HSBC	HSBC	Sell → Hold Upgrades $24 → $36	Sell → Hold	Upgrades	$24 → $36	-5.42%	Apr 24, 2026
Sergey Glinyanov Freedom Broker	Freedom Broker	Strong Buy Maintains $34 → $41	Strong Buy	Maintains	$34 → $41	+7.41%	Mar 26, 2026
Atul Maheswari UBS	UBS	Strong Buy Maintains $59 → $56	Strong Buy	Maintains	$59 → $56	+46.71%	Mar 23, 2026

More Analyst Ratings

Financial Forecast

Revenue This Year

32.71B

Increased by 16.57%

from 28.06B

Revenue Next Year

33.89B

Increased by 3.61%

from 32.71B

EPS This Year

3.68

Increased by 364.84%

from 0.79

EPS Next Year

4.94

Increased by 34.22%

from 3.68

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	32.71B	33.89B
Revenue Growth	74.51%	50.82%	9.56%	5.34%	2.11%	16.57%	3.61%
EPS	1.61	0.87	0.76	0.75	0.79	3.68	4.94
EPS Growth	-	-45.73%	-13.46%	-0.26%	5.02%	364.84%	34.22%
Forward PE	-	-	-	-	-	10.37	7.72
No. Analysts	-	-	-	-	-	27	27

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

Revenue Forecast

Revenue	2026	2027	2028	2029	2030
High	35.2B	36.5B
Avg	32.7B	33.9B
Low	30.5B	30.7B

Revenue Growth

Revenue Growth	2026	2027	2028	2029	2030
High	25.5%	11.5%
Avg	16.6%	3.6%
Low	8.7%	-6.1%

EPS Forecast

EPS	2026	2027	2028	2029	2030
High	5.25	6.41
Avg	3.68	4.94
Low	2.78	3.56

EPS Growth

EPS Growth	2026	2027	2028	2029	2030
High	562.8%	74.0%
Avg	364.8%	34.2%
Low	251.4%	-3.4%

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.