Southwest Airlines Co. (LUV) Stock Forecast
LUV analyst forecast
as of October 18, 2026- Analyst consensus
- Buy 3.56 / 5 from 25 analysts
- Price target
- $49.18 average of analyst targets
- Upside to target
- +24.5% from the latest close
- Next earnings
- October 21, 2026 EPS estimate $0.61
- 52-week range
- $29.67 – $54.80
LUV analyst ratings
25 analystsNumber of analysts at each rating.
LUV price target
The average of analyst 12-month price targets compared with the latest close and the 52-week range.
LUV earnings per share estimates
| Period | Average | Low | High | Year ago | Growth | Analysts |
|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.57 | $0.42 | $0.70 | $0.11 | +421.0% | 21 |
| Current fiscal year (2026) | $2.82 | $2.34 | $3.45 | $0.93 | +202.9% | 23 |
| Next fiscal year (2027) | $4.33 | $2.95 | $7.68 | $2.82 | +53.8% | 24 |
Consensus EPS estimates; growth compares the average estimate with the year-ago EPS.
LUV revenue estimates
| Period | Average | Low | High | Growth | Analysts |
|---|---|---|---|---|---|
| Current quarter (Sep '26) | $8.24B | $8.10B | $8.32B | +18.6% | 16 |
| Current fiscal year (2026) | $33.23B | $32.91B | $33.49B | +18.4% | 15 |
| Next fiscal year (2027) | $34.94B | $33.28B | $37.00B | +5.1% | 20 |
LUV EPS: reported and forecast
Fiscal years; "E" marks estimates, the line shows the range from the lowest to the highest estimate.
LUV revenue: reported and forecast
LUV EPS estimate revisions
| Period | 90 days ago | 60 days ago | 30 days ago | 7 days ago | Now | Change (90 d) | Revisions (30 d) |
|---|---|---|---|---|---|---|---|
| Current quarter (Sep '26) | $0.82 | $0.68 | $0.59 | $0.57 | $0.57 | −29.9% | 6 up · 8 down |
| Current fiscal year (2026) | $3.14 | $3.40 | $3.24 | $2.86 | $2.82 | −10.2% | 0 up · 18 down |
| Next fiscal year (2027) | $4.88 | $4.93 | $4.68 | $4.33 | $4.33 | −11.2% | 2 up · 15 down |
How the consensus EPS estimate changed over the last 90 days, and how many analysts raised or lowered it in the last 30 days.
LUV earnings surprises
Reported EPS vs the consensus estimate for the last 12 quarters; LUV beat in 8 of 12.
What analysts expect from LUV
25 analysts cover Southwest Airlines; their consensus rating is buy (3.56 on a 1–5 scale, where 5 is a strong buy). The average price target is $49.18, 24.5% above the latest close of $39.50. Analysts expect earnings of $2.82 per share for 2026, +202.9% from a year earlier. For 2027 the average estimate is $4.33 per share on revenue of $34.9 billion. Southwest Airlines beat the EPS estimate in 8 of the last 12 quarters.
Related: LUV income statement, LUV key metrics, LUV chart. See the LUV stock overview for the latest quote and news.
LUV forecast FAQ
What is Southwest Airlines's price target?
The average analyst price target for Southwest Airlines is $49.18, 24.5% above the latest close of $39.50.
Is Southwest Airlines a buy, hold or sell?
Of 25 analysts covering Southwest Airlines, 7 rate it a strong buy, 4 a buy, 11 a hold, 2 a sell and 1 a strong sell, a consensus of buy. Ratings are opinions, not a recommendation from Quotelinks.
What is Southwest Airlines's EPS forecast?
Analysts forecast $2.82 per share for 2026 (range $2.34 to $3.45); for 2027 the estimate is $4.33.
What is Southwest Airlines's revenue forecast?
The average revenue estimate for 2026 is $33.2 billion, growth of 18.4%; for 2027 it is $34.9 billion.
When does Southwest Airlines report earnings?
Southwest Airlines is expected to report results for the quarter ending September 30, 2026 on October 21, 2026 after the market closes; the EPS estimate is $0.61.
Does Southwest Airlines usually beat earnings estimates?
Southwest Airlines reported EPS at or above the analyst estimate in 8 of the last 12 quarters.