Southwest Airlines Co. (LUV)
NYSE: LUV · Real-Time Price · USD
40.83
+1.49 (3.79%)
At close: Oct 15, 2026, 4:00 PM EDT
40.70
-0.13 (-0.32%)
After-hours: Oct 15, 2026, 7:50 PM EDT

Southwest Airlines Co. Stock Forecast

Stock Price Forecast

According to 25 analysts polled by S&P Global, Southwest Airlines Co. stock has a consensus rating of "Buy" and an average price target of $49.22. The average 1-year stock price forecast is 20.55% higher than the current stock price, while the lowest is $34 (-16.73%) and the highest is $65 (+59.20%).

Price Target: $49.22 (+20.55%)
Analyst Consensus: Buy

Price Target

Chart
TargetLowAverageMedianHigh
Price$34$49.22$50$65
Change-16.73%+20.55%+22.46%+59.20%

Analyst Ratings

The average analyst rating for Southwest Airlines Co. stock is "Buy". This means that analysts believe this stock is likely to outperform the market over the next twelve months.

Recommendation Trends

Chart
RatingMay '26Jun '26Jul '26Aug '26Sep '26Oct '26
Strong Buy777777
Buy444444
Hold999101111
Sell333222
Strong Sell222211
Total252525252525

Latest Forecasts

AnalystFirmRatingRatingActionPrice TargetUpsideDate
Morgan Stanley
Morgan Stanley
Buy
Reiterates
$65
BuyReiterates$65+59.20%Oct 8, 2026
Raymond James
Raymond James
Buy
Maintains
$54 → $55
BuyMaintains$54 → $55+34.70%Oct 7, 2026
Susquehanna
Susquehanna
Hold
Reiterates
$50 → $45
HoldReiterates$50 → $45+10.21%Oct 7, 2026
Wells Fargo
Wells Fargo
Hold
Reiterates
$50
HoldReiterates$50+22.46%Oct 6, 2026
Citi
Citi
Hold
Maintains
$50
HoldMaintains$50+22.46%Oct 6, 2026
More Analyst Ratings

Financial Forecast

Revenue This Year
33.10B
from 28.06B
Increased by 17.95%
Revenue Next Year
34.93B
from 33.10B
Increased by 5.54%
EPS This Year
2.87
from 0.93
Increased by 209.14%
EPS Next Year
4.33
from 2.87
Increased by 50.68%
Fiscal YearFY 2021FY 2022FY 2023FY 2024FY 2025FY 2026
Period EndingDec 31, 2021Dec 31, 2022Dec 31, 2023Dec 31, 2024Dec 31, 2025Dec 31, 2026
Revenue
15.79B23.81B26.09B27.48B28.06B33.10B
Revenue Growth
74.51%50.82%9.56%5.34%2.11%17.95%
Operating Income
-1.13B1.01B222.00M285.00M478.00M1.83B
Net Income
977.00M539.00M465.00M465.00M441.00M1.25B
EPS
----0.932.87
EPS Growth
-----3.12%209.14%
Forward PE
41.5811.3027.8521.5315.5814.20
Dividend / Share
-0.180.720.720.720.72
Dividend Growth
--300.00%--0.17%
Free Cash Flow
-----831.00M61.33M
No. Analysts
-----20
EPS and Forward PE are based on non-GAAP adjusted numbers.

Revenue Forecast

Revenue202620272028
High33.5B
Avg33.1B
Low32.6B

Revenue Growth

Revenue Growth202620272028
High
19.3%
Avg
17.9%
Low
16.1%

EPS Forecast

EPS202620272028
High3.60
Avg2.87
Low2.34

EPS Growth

EPS Growth202620272028
High
286.6%
Avg
209.1%
Low
151.6%