Is the Qantas share price a buy today?
Image source: Getty Images
The Qantas Airways Ltd (ASX: QAN) share price has dropped close to 20% since its 2025 peak, as the chart below shows. When a large business has fallen that far, I think it’s a great time to consider an investment as a buy-the-dip opportunity.
As the last five years have demonstrated, there can be significant volatility in the valuation of a business like this. Travel demand is not a certain thing year to year, and fuel prices can change significantly, so it’s no wonder that investors’ thoughts on the business can change quite significantly over 12 months.
In August, the business delivered a strong set of results. Underlying profit before tax increased 15% to $2.39 billion, and…
