HSBC upgraded its outlook for Southwest Airlines (NYSE:LUV) from “Reduce” to “Hold” on April 24, 2026. The average one-year price target for the airline is now set at $45.21 per share, representing a potential upside of 14.59% from the latest closing price of $39.45 per share.
Projected annual revenue for Southwest Airlines is estimated at $30.65 billion, reflecting a 6.11% increase, with a non-GAAP EPS forecast of 7.54. Institutional ownership has seen a decrease of 20.32% in shares over the last three months, totaling 483.7 million shares held by 865 funds. The put/call ratio stands at 0.69, indicating a bullish sentiment toward the stock.
