Southwest Airlines Co. (LUV)
NYSE: LUV · IEX Real-Time Price · USD
27.86
-0.12 (-0.43%)
At close: May 17, 2024, 4:00 PM
27.87
+0.01 (0.04%)
Pre-market: May 20, 2024, 8:50 AM EDT
Southwest Airlines Co. Stock Forecast
Stock Price Forecast
The 18 analysts with 12-month price forecasts for LUV stock have an average target of 31.1, with a low estimate of 20 and a high estimate of 42. The average target predicts an increase of 11.63% from the current stock price of 27.86.
Analyst Consensus: Hold
Analyst Ratings
The average analyst rating for LUV stock from 20 stock analysts is "Hold". This means that analysts believe this stock is likely to perform similarly to the overall market.
Recommendation Trends
| Rating | Dec '23 | Jan '24 | Feb '24 | Mar '24 | Apr '24 | May '24 |
|---|---|---|---|---|---|---|
| Strong Buy | 0 | 0 | 1 | 3 | 3 | 3 |
| Buy | 4 | 3 | 3 | 3 | 3 | 3 |
| Hold | 9 | 9 | 9 | 10 | 9 | 10 |
| Sell | 2 | 3 | 2 | 1 | 2 | 2 |
| Strong Sell | 2 | 2 | 2 | 2 | 2 | 2 |
| Total | 17 | 17 | 17 | 19 | 19 | 20 |
Latest Forecasts
| Analyst | Firm | Rating | Rating | Action | Price Target | Upside | Date |
|---|---|---|---|---|---|---|---|
| HSBC | HSBC | Hold Initiates $28 | Hold | Initiates | $28 | -0.22% | May 13, 2024 |
| Bernstein | Bernstein | Hold Maintains $27 → $26 | Hold | Maintains | $27 → $26 | -6.68% | May 6, 2024 |
| Susquehanna | Susquehanna | Hold Maintains $27 → $25 | Hold | Maintains | $27 → $25 | -10.27% | Apr 30, 2024 |
| Jefferies | Jefferies | Hold → Sell Downgrades $28 → $20 | Hold → Sell | Downgrades | $28 → $20 | -28.21% | Apr 29, 2024 |
| TD Cowen | TD Cowen | Hold Maintains $26 → $25 | Hold | Maintains | $26 → $25 | -10.27% | Apr 26, 2024 |
Financial Forecast
Revenue This Year
28.70B
from 26.09B
Increased by 10.00%
Revenue Next Year
30.46B
from 28.70B
Increased by 6.14%
EPS This Year
1.62
from 0.76
Increased by 113.54%
EPS Next Year
2.35
from 1.62
Increased by 44.84%
Revenue Forecast
| Revenue | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 30.7B | 32.7B | 34.1B | 35.7B | 36.8B |
| Avg | 28.7B | 30.5B | 31.9B | 33.8B | 35.4B |
| Low | 26.5B | 28.7B | 30.4B | 32.6B | 34.4B |
Revenue Growth
| Revenue Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 17.5% | 13.8% | 12.0% | 12.0% | 8.7% |
| Avg | 10.0% | 6.1% | 4.7% | 6.1% | 4.6% |
| Low | 1.4% | -0.1% | -0.3% | 2.1% | 1.5% |
EPS Forecast
| EPS | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 2.52 | 3.31 | 3.31 | 3.37 | 3.43 |
| Avg | 1.62 | 2.35 | 2.59 | 2.87 | 3.30 |
| Low | 0.88 | 1.71 | 2.05 | 2.53 | 3.20 |
EPS Growth
| EPS Growth | 2024 | 2025 | 2026 | 2027 | 2028 |
|---|---|---|---|---|---|
| High | 231.6% | 103.8% | 40.7% | 29.9% | 19.6% |
| Avg | 113.5% | 44.8% | 10.4% | 10.7% | 15.0% |
| Low | 16.1% | 5.7% | -12.9% | -2.5% | 11.6% |
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.