LUV Stock Summary and Trading Ideas (Southwest Airlines Company | NYSE:LUV)

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 with a simple cabin configuration in a point-to-point network. In early 2026, Southwest modified its cabins to offer some rows with extra legroom, its ticketing process and merchandising to offer assigned seats, and more fare categories to include a basic economy class that appears for the first time in travel aggregators' search results and more directly competes with other airlines' offerings.

Southwest Airlines Company trades on the NYSE stock market under the symbol LUV.

As of October 2, 2026, LUV stock price climbed to $42.47 with 5,832,085 million shares trading.

LUV has a beta of 1.29, meaning it tends to be more sensitive to market movements. LUV has a correlation of 0.13 to the broad based SPY ETF.

LUV has a market cap of $20.76 billion. This is considered a Large Cap stock.

Last quarter Southwest Airlines Company reported $8 billion in Revenue and $.94 earnings per share. This fell short of revenue expectation by $-139 million and exceeded earnings estimates by $.45.

In the last 3 years, LUV traded as high as $55.11 and as low as $21.91.

The top ETF exchange traded funds that LUV belongs to (by Net Assets): VTI, VOO, VO, PVAL, IVV.

LUV has outperformed the market in the last year with a price return of +33.7% while the SPY ETF gained +16.1%. However, in the short term, LUV had mixed performance relative to the market. It has underperformed in the last 3 months, returning -15.1% vs +3.6% return in SPY. But in the last 2 weeks, LUV shares have fared better than the market returning +3.6% compared to SPY +1.0%.

LUV support price is $40.94 and resistance is $42.75 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that LUV shares will trade within this expected range on the day.