Delta Air Lines (DAL) Stock Forecast 2025: Could It Drop to $10 or Soar to $54?
Chad Shoop
Chad Shoop 5 years ago
Options Trading Specialist & Financial Market Analyst #Company News
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Delta Air Lines (DAL) Stock Forecast 2025: Could It Drop to $10 or Soar to $54?

Delta Air Lines (DAL) is currently forming a critical wedge pattern on its stock chart, indicating a potential major price movement soon. Explore the possible directions and what it means for investors.

Delta Air Lines, Inc. (DAL), a leading player in the aviation industry, is currently navigating a classic wedge pattern on its stock chart. This technical formation features a descending resistance line paired with an ascending support line, converging to a breakout point. The key question remains: will the stock surge upward or experience a sharp decline?

Looking at the broader market, airlines remain among the most vulnerable sectors. DAL shares are trading approximately 45% below their peak before March 2020, reflecting ongoing challenges. Investors remain cautious, uncertain about the stock’s near-term trajectory.

Despite gradual recovery in air travel demand, the airline sector continues to face headwinds. Without additional financial support, many airlines, including Delta, may be forced to reduce their workforce significantly by year-end. Prolonged delays in returning to pre-pandemic normalcy in the United States only add to the sector’s uncertainty.

Currently, Delta’s stock is trapped within a wedge pattern, suggesting a decisive breakout could occur in the upcoming weeks. The accompanying price chart illustrates this formation, with resistance marked in red and support in green.

Delta Air Lines (DAL) stock price chart
Source: Optuma

The height of this wedge pattern measures around $20 per share. Should the stock break above resistance, it could climb into the $50 range, representing a potential gain exceeding 50%. Conversely, a breakdown below support could send shares plummeting to near $10, marking a steep decline of about 66% from current levels.

It’s important to note that while major stock indices have rebounded to record highs, Delta’s shares remain significantly depressed. This divergence raises the possibility that DAL might revisit lows not seen since 2012.

The Bottom Line

Delta Air Lines is at a critical juncture, trading within a wedge pattern signaling an imminent breakout. Investors should watch closely, as the stock could either rally toward $54 per share or fall sharply to around $10 in the near future.

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