The mean of analysts' price targets for Copa Holdings (CPA) points to a 51.9% upside in the stock. While this highly sought-after metric has not proven reasonably effective, strong agreement among analysts in raising earnings estimates does indicate an upside in the stock.
Returns from the top airline stocks lagged behind broader market gains last year. For instance, the U.S. Global Jets ETF was up only 8.44% last year, compared to the S&P 500, which shot up 25%. Given this context, the leading airline stocks to buy now are trading attractively, offering robust upside ahead. The airline industry faces formidable challenges, especially with rising fuel costs eating into profits. Moreover, supply disruptions and geopolitical tensions compound those concerns further.
Delta (DAL) performs well in Q1, driven by strong air travel demand. Copa Holdings (CPA) reports an 11.5% increase in air traffic for March.