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
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 '23 | Nov '23 | Dec '23 | Jan '24 | Feb '24 | Mar '24 |
---|---|---|---|---|---|---|
Strong Buy | 0 | 0 | 0 | 0 | 1 | 3 |
Buy | 4 | 4 | 4 | 3 | 3 | 3 |
Hold | 10 | 9 | 9 | 9 | 9 | 10 |
Sell | 1 | 2 | 2 | 3 | 2 | 1 |
Strong Sell | 1 | 2 | 2 | 2 | 2 | 2 |
Total | 16 | 17 | 17 | 17 | 17 | 19 |
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 | Sell → Hold Upgrades $20 → $28 | Sell → Hold | Upgrades | $20 → $28 | -4.34% | Mar 13, 2024 |
Argus Research | Argus Research | Hold → Strong Buy Upgrades $40 | Hold → Strong Buy | Upgrades | $40 | +36.66% | Mar 12, 2024 |
Deutsche Bank | Deutsche Bank | Hold → Strong Buy Upgrades $28 → $42 | Hold → Strong Buy | Upgrades | $28 → $42 | +43.49% | Feb 20, 2024 |
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%
Revenue Forecast
Revenue | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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 | 2024 | 2025 | 2026 | 2027 |
---|---|---|---|---|
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.