CVE Valuation Report | Mar 22, 2026
DAL
DELTA AIR LINES, INC.
10-K · Filed 2026-02-11
C
$50
$60
$70
$80
$90
$100
$110
$120
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MKT
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1Y
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Fair Value
$90.76
1Y Target
$94.22
MKT. PRICE
$63.44
Model Blend
LOW agreement · 42% spread
Residual Income$64.27 · 30%
Comps$147.16 · 24%
DCF$114.18 · 23%
ROIC Fade$38.52 · 21%
EV/Rev$88.88 · 2%
Trailing Rev Growth
2.8%
Model Implied Rev CAGR
-0.7%
Market Cap
$41B
ClarVal Report
Mar 22, 2026
9:19 PM EDT
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DAL Valuation Summary

Based on Clarity's multi-model valuation engine, DELTA AIR LINES, INC. (DAL) has an estimated fair value of $90.76 per share, compared to its current market price of $63.44. The stock is currently trading 43.1% below Clarity's fair value estimate, resulting in a verdict of SIGNIFICANTLY UNDERVALUED.

This valuation blends 5 independent models — including Residual Income, Comparable Companies, Discounted Cash Flow (DCF), and 2 more. The primary weight is given to the Residual Income model, with Bayesian triangulation used to reconcile the estimates into a single blended fair value. The 5 models show low agreement with a 42% spread between the highest and lowest estimates.

Monte Carlo simulation across 5,000 scenarios estimates a 67% probability that the stock is trading below its intrinsic value, with a median simulated value of $79.54.

Clarity's 1-year price target is $94.22, reflecting expected earnings growth and margin trajectory.

DELTA AIR LINES, INC. is classified under the Airline sector, and this valuation is based on 10-K · Filed 2026-02-11 filings sourced directly from SEC EDGAR. All models use trailing twelve month financials where available, with sector-appropriate growth and discount rate assumptions.

Not financial advice. For educational and research purposes only.
Updated Mar 22, 2026, 9:19 PM EDT · Powered by Clarity Valuation Engine · Methodology

DELTA AIR LINES, INC. (DAL) Valuation Summary

Clarity's 6-model valuation engine estimates DELTA AIR LINES, INC. (DAL) at $90.76 per share, compared to the current market price of $63.44. This represents a 43.1% upside from the current price. The verdict is SIGNIFICANTLY UNDERVALUED.

This valuation was generated from DELTA AIR LINES, INC.'s 10-K · Filed 2026-02-11 filing, classified in the Airline sector with high confidence. Model agreement is LOW with a 42% spread across models.

Models used: DCF (scenario-weighted), Residual Income, Comparable Companies, EV/Revenue, ROIC Fade, and Dividend Discount Model. All data sourced from SEC EDGAR and validated against XBRL structured filings.