Southwest Airlines (LUV)

• Market cap: $16.7B
• 1 day: -1.25%
• 5 days: -0.47%
• 1 month: 1.31%
• 3 months: 1.8%
• 6 months: -2.07%
• Year to date: -4.94%
• 1 year: 9.76%
• 5 years: -20.36%
• 10 years: -19.64%
• Sector: Industrials
• Industry: Airlines

About: Southwest Airlines is the largest domestic air carrier in the United States by passengers boarded. Southwest operates nearly 800 aircraft in an all-Boeing 737 fleet. Despite offering some longer routes and a few perks for business travelers, the airline predominantly specializes in short-haul, leisure flights operated in a single, open-seating cabin configuration in a point-to-point network. In late 2025, Southwest will modify its cabins to offer some rows with extra legroom and will update its ticketing process and merchandising to offer assigned seats and more fare categories, including a basic economy class that will more directly compete with other airlines' offerings and appear for the first time in travel aggregators' search results.

Employees: 72,242

Fund manager confidence

Based on 2025 Q2 regulatory disclosures by fund managers ($100M+ AUM)

5% less call options, than puts

Call options by funds: $630M | Put options by funds: $661M

7% less first-time investments, than exits

New positions opened: 114 | Existing positions closed: 122

1.21% less ownership

Funds ownership: 89.16% [Q1] → 87.95% (-1.21%) [Q2]

2% less funds holding

Funds holding: 799 [Q1] → 780 (-19) [Q2]

8% less capital invested

Capital invested by funds: $17.7B [Q1] → $16.3B (-$1.48B) [Q2]

21% less repeat investments, than reductions

Existing positions increased: 234 | Existing positions reduced: 295

33% less funds holding in top 10

Funds holding in top 10: 12 [Q1] → 8 (-4) [Q2]

Research analyst outlook

5 Wall Street Analysts provided 1 year price targets over the past 3 months

• Low target: $30
• Avg. target: $33
• High target: $35

5 analyst ratings

• positive: 0 0%
• neutral: 4 80%
• negative: 1 20%

JP Morgan Jamie Baker	$35	Underweight Maintained	12 Sep 2025
Susquehanna Christopher Stathoulopoulos	$30	Neutral Maintained	5 Aug 2025
Evercore ISI Group Duane Pfennigwerth	$34	In-Line Maintained	25 Jul 2025
Barclays Brandon Oglenski	$34	Equal-Weight Maintained	10 Jul 2025
UBS Thomas Wadewitz	$34	Neutral Maintained	7 Jul 2025