From what 19 stock analysts predict, the share price for Southwest Airlines Co (LUV) might decrease by 9.37% in the next year. This is based on a 12-month average estimation for LUV. Price targets go from $19 to $36. The majority of stock analysts believe LUV is a buy. Please note analyst price targets are not guaranteed and could be missed completely.
LUV is a stock in Industrials which has been forecasted to be worth $29.59 as an average. On the higher end, the forecast price is $36 USD by Jamie Baker from JP Morgan and on the lower end LUV is forecasted to be $19 by Helane Becker from TD Cowen.
These are the latest 20 analyst ratings of LUV.
Analyst/Firm |
Rating |
Price Target |
Change |
Date |
---|---|---|---|---|
Jamie Baker JP Morgan | Neutral | $26 | Maintains | Oct 25, 2024 |
Brandon Oglenski Barclays | Equal-Weight | $32 | Maintains | Oct 15, 2024 |
Christopher Stathoulopoulos Susquehanna | Neutral | $30 | Maintains | Oct 9, 2024 |
Sheila Kahyaoglu Jefferies | Hold | $32 | Upgrade | Oct 9, 2024 |
Stephen Trent Citigroup | Neutral | $31.5 | Maintains | Oct 3, 2024 |
Sheila Kahyaoglu Jefferies | Underperform | $24 | Maintains | Oct 2, 2024 |
Helane Becker TD Cowen | Hold | $25 | Maintains | Sep 30, 2024 |
Duane Pfennigwerth Evercore ISI Group | Outperform | $35 | Upgrade | Sep 3, 2024 |
David Vernon Bernstein | Market Perform | $24 | Maintains | Aug 5, 2024 |
Stephen Trent Citigroup | Neutral | $28.25 | Maintains | Jul 29, 2024 |
Michael Linenberg Deutsche Bank | Hold | $29 | Downgrade | Jul 26, 2024 |
Helane Becker TD Cowen | Hold | $19 | Maintains | Jul 17, 2024 |
Barclays | Equal-Weight | Maintains | Jul 11, 2024 | |
Brandon Oglenski Barclays | Equal-Weight | $27 | Maintains | Jul 10, 2024 |
Michael Linenberg Deutsche Bank | Buy | $32 | Maintains | Jul 8, 2024 |
Stephen Trent Citigroup | Neutral | $29 | Maintains | Jun 17, 2024 |
John Staszak Argus Research | Hold | Downgrade | May 28, 2024 | |
Achal Kumar HSBC | Hold | $27.8 | Initiates | May 13, 2024 |
David Vernon Bernstein | Market Perform | $26 | Maintains | May 6, 2024 |
Christopher Stathoulopoulos Susquehanna | Neutral | $25 | Maintains | Apr 30, 2024 |
When did it IPO
1980
Staff Count
74,081
Country
United States
Sector/Industry
Industrials/Airlines
CEO
Mr. Robert E. Jordan
Market Cap
$19.58B
In 2023, LUV generated $26.09B in revenue, which was a increase of 9.56% from the previous year. This can be seen as a signal that LUV's business is growing, and its share price could be worth more in the future. However, if the company grows faster (or slower) than expected, this could also have a major impact on the future share price.
Revenue From 2020
Revenue From 2021
Revenue From 2022
Revenue From 2023
Summary - Southwest Family Medicine Associates reported a data breach affecting patients' personal and health data, raising security concerns regarding sensitive information.
Why It Matters - The data breach raises concerns about SW Family Medicine's data security, potentially affecting patient trust, legal liabilities, and future revenues, impacting its financial stability and stock performance.
Summary - Southwest Airlines (LUV) shares are rising, supported by positive earnings estimate revisions, suggesting potential for further gains in the near term.
Why It Matters - Rising earnings estimates for Southwest (LUV) suggest improved financial performance, potentially driving stock prices higher, attracting investor interest.
Summary - Southwest Family Medicine Associates reported a data breach affecting patients' sensitive personal and health information, raising security concerns.
Why It Matters - The data breach raises concerns over patient trust and regulatory scrutiny, potentially impacting SW Family Medicine's reputation and financial stability, which could affect investor confidence.
Summary - Analyst David Vernon from Bernstein discussed on 'Squawk on the Street' how airlines may benefit from Trump's election and shared his favored airline stocks.
Why It Matters - Analyst insights on airlines benefiting from political changes can influence stock performance and investment strategies, impacting market sentiment and trading decisions.
Summary - Southwest Airlines appointed Rakesh Gangwal as independent board chair following a settlement with activist investor Elliott, signaling potential changes in governance.
Why It Matters - The appointment of Rakesh Gangwal signals a potential shift in governance and strategy for Southwest Airlines, which may enhance investor confidence following the resolution with Elliott.
Summary - Budget airlines are adjusting seating assignments to improve stock performance amid competition from legacy carriers and rising operational costs due to higher pay for pilots and cabin crew.
Why It Matters - Changes in seating assignments may enhance revenue for budget airlines, boosting stock performance amid competitive pressures and rising operational costs, impacting investor sentiment and potential returns.