The future of Southwest Airlines (LUV) stock, according to recent Wall Street analyst forecasts, suggests a modest downside in the near term, with an average price target slightly below its current trading value.
Analyst Consensus for Southwest Airlines (LUV)
Based on insights from 16 Wall Street analysts over the past three months, the consensus 12-month price target for Southwest Airlines is $32.37. This figure represents a slight 2.73% decrease from the stock's current price of $33.28. While the average indicates a potential dip, individual analyst forecasts show a range of opinions, from a more optimistic outlook to a more cautious one.
Key Forecast Data
The table below summarizes the key price targets and the implied change based on the latest analyst evaluations:
| Metric | Value | Details |
|---|---|---|
| Current Stock Price | $33.28 | As of the latest available data |
| Average 12-Month Price Target | $32.37 | Based on 16 Wall Street analysts |
| Highest 12-Month Price Target | $42.00 | The most optimistic forecast |
| Lowest 12-Month Price Target | $26.00 | The most conservative forecast |
| Implied Change from Current | -2.73% | Average anticipated decrease from current price |
Understanding the Forecasts
The range in analyst targets, from a high of $42.00 to a low of $26.00, underscores the varying perspectives among financial experts regarding Southwest's prospects over the next year. While the average points to a slight decrease, it's important for investors to consider the full spectrum of opinions and how these targets are derived from various market and company-specific factors.
