10 Deep Value Stocks to Buy Now

8. Delta Air Lines Inc. (NYSE:DAL)

Fwd. P/E: 7.1

Dividend Yield: 1.1%

Number of Hedge Fund Holders: 84

Delta Air Lines Inc. (NYSE:DAL) is a global airline that offers passenger and cargo services across six continents. The company maintains an extensive domestic and international route network and has established strategic alliances and joint ventures with other carriers.

On March 10, Delta Air Lines Inc. (NYSE:DAL) revised its Q1 2025 revenue growth forecast, lowering it to 3%-4% year-over-year from its previous guidance of 7%-9% issued in January. The company also reduced its profit margin and EPS projections to 4%-5% and $0.30-$0.50, respectively, down from the earlier estimates of 6%-8% and $0.70-$1.00. This adjustment was primarily attributed to weaker consumer and corporate travel demand in the U.S. amid macroeconomic uncertainties. Following the announcement, the stock indicated a decline of as much as 11% in the after-market hours, and is already down 17% year-to-date.

Although the airline industry remains highly volatile with significant near-term risks, Delta Air Lines Inc. (NYSE:DAL) continues to drive revenue growth through investments in fleet modernization, operational efficiency, and enhancements to its loyalty program. Furthermore, its emphasis on high-margin international routes and strategic collaborations with global carriers provide a competitive edge. Despite the downward revision, Barclays analyst Brandon Oglenski reaffirmed his Buy rating on the stock, maintaining a price target of $80.