The latest price target for Southwest Airlines (NYSE:LUV) was reported by TD Cowen on December 12, 2025. The analyst firm set a price target for $42.00 expecting LUV to rise to within 12 months (a possible 0.94% upside). 36 analyst firms have reported ratings in the last year.

The latest analyst rating for Southwest Airlines (NYSE:LUV) was provided by TD Cowen, and Southwest Airlines maintained their hold rating.

The last upgrade for Southwest Airlines Co happened on May 27, 2025 when Jefferies raised their price target to $33. Jefferies previously had an underperform for Southwest Airlines Co.

The last downgrade for Southwest Airlines Co happened on July 15, 2025 when Evercore ISI Group changed their price target from $40 to $40 for Southwest Airlines Co.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of Southwest Airlines, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for Southwest Airlines was filed on December 12, 2025 so you should expect the next rating to be made available sometime around December 12, 2026.

While ratings are subjective and will change, the latest Southwest Airlines (LUV) rating was a maintained with a price target of $31.00 to $42.00. The current price Southwest Airlines (LUV) is trading at is $41.61, which is within the analyst’s predicted range.