Starting this week, Uber (UBER) is enhancing its collaboration with Delta Air Lines (DAL, Financial) by allowing users to earn Delta SkyMiles on eligible Uber rides and Uber Eats orders. Initially available to those on the waitlist from Tuesday, the offering will expand later this week to all travelers with a Delta SkyMiles account.
As part of this partnership, Uber plans to integrate its platform into the Fly Delta app. This new feature will enable travelers with linked accounts to conveniently reserve rides to the airport right after booking their flights. Additionally, later this year, SkyMiles members accessing Delta Sync Wi-Fi will receive exclusive offers for booking Uber rides upon landing.
Furthermore, next month sees the launch of the Uber Shuttle service at Hartsfield-Jackson Atlanta International Airport. Customers who have their Uber and Delta accounts connected will be among the first to receive updates about this new service.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 19 analysts, the average target price for Delta Air Lines Inc (DAL, Financial) is $56.30 with a high estimate of $88.00 and a low estimate of $36.77. The average target implies an upside of 41.05% from the current price of $39.92. More detailed estimate data can be found on the Delta Air Lines Inc (DAL) Forecast page.
Based on the consensus recommendation from 23 brokerage firms, Delta Air Lines Inc's (DAL, Financial) average brokerage recommendation is currently 1.9, indicating "Outperform" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for Delta Air Lines Inc (DAL, Financial) in one year is $44.50, suggesting a upside of 11.48% from the current price of $39.9188. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the Delta Air Lines Inc (DAL) Summary page.
