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United Airlines Holdings, Inc.NasdaqGS:UAL Stock Report

Market Cap US$28.8b
Share Price
US$88.62
US$130.17
31.9% undervalued intrinsic discount
1Y28.1%
7D-2.9%
Portfolio Value
View

United Airlines Holdings, Inc.

NasdaqGS:UAL Stock Report

Market Cap: US$28.8b

UAL Community Fair Values

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United Airlines Holdings, Inc. Competitors

Price History & Performance

Summary of share price highs, lows and changes for United Airlines Holdings
Historical stock prices
Current Share PriceUS$88.62
52 Week HighUS$119.21
52 Week LowUS$68.88
Beta1.29
1 Month Change-3.75%
3 Month Change-13.39%
1 Year Change28.14%
3 Year Change106.48%
5 Year Change67.05%
Change since IPO105.38%

Recent News & Updates

UAL: Premium Demand And Capacity Discipline Will Offset Higher Fuel Costs

Narrative Update on United Airlines Holdings The analyst price target for United Airlines Holdings has been adjusted slightly lower to about $130 from around $133, as analysts factor in higher jet fuel costs, potential guidance cuts, and ongoing regulatory and macro uncertainties. These factors are partly balanced by solid demand trends and continued interest in premium carriers.

Recent updates

UAL: Premium Demand And Capacity Discipline Will Offset Higher Fuel Costs

Narrative Update on United Airlines Holdings The analyst price target for United Airlines Holdings has been adjusted slightly lower to about $130 from around $133, as analysts factor in higher jet fuel costs, potential guidance cuts, and ongoing regulatory and macro uncertainties. These factors are partly balanced by solid demand trends and continued interest in premium carriers.

United Airlines And American Airlines Merger Looks Huge But It Shouldn't Happen

Apr 15

UAL: Premium Demand And Capacity Cuts Will Support Future Upside

United Airlines Holdings' updated analyst price target has been trimmed by about $3 to roughly $133, as analysts factor in higher fuel costs and slightly lower profit margin expectations, partly offset by firm demand trends and modestly higher assumed revenue growth and future P/E multiples. Analyst Commentary Recent Street research around United Airlines Holdings has become more mixed, with several bullish analysts still assigning targets north of US$140 while a growing group of cautious analysts trim targets into the US$110 to US$135 range on fuel and margin concerns.

UAL: Q1 Demand Strength And Premium Travel Resilience Will Drive Upside

The updated analyst price target for United Airlines Holdings reflects a modest trim to $135.52 from $138.60, as analysts factor in higher fuel cost assumptions and slightly lower profit margins, while still pointing to resilient demand and revenue trends. Analyst Commentary Recent research on United Airlines Holdings highlights a mix of optimism on demand and revenue trends alongside caution around fuel costs, margins, and guidance risk.

UAL: Q1 Demand Strength And 90 Day Catalyst Watch Will Drive Upside

United Airlines Holdings' analyst price target has been trimmed slightly, with analysts citing higher fuel cost assumptions that modestly weigh on fair value, even as demand trends and earnings tracking remain supportive in the near term. Analyst Commentary Recent research on United Airlines Holdings highlights a mix of optimism on demand and earnings power, alongside caution around fuel costs and the broader airline cycle.

UAL: Q4 Setup And 90 Day Catalyst Watch Will Drive Upside

The updated analyst price target for United Airlines Holdings edges higher to about $139, with analysts pointing to a slightly lower discount rate and a modestly lower assumed future P/E multiple as they reassess the risk and valuation backdrop following a series of recent target hikes and a new 90 day catalyst watch. Analyst Commentary Recent research on United Airlines Holdings has been active, with several firms updating their price targets and reassessing assumptions around earnings power, valuation multiples, and near term catalysts.

UAL: Q4 Setup And 2026 Demand Momentum Will Drive Upside Potential

Analysts have raised their fair value estimate for United Airlines Holdings to $138.77 from $125.26, reflecting updated assumptions for revenue growth, profit margins, and a lower future P/E multiple in light of a series of recent price target increases across the Street, along with one reduction. Analyst Commentary Recent Street research on United Airlines Holdings has skewed positive, with a cluster of higher price targets and one reduction.

UAL: 2026 Guidance Caution Will Challenge Recent Optimism On Demand

Analysts have lifted their price targets on United Airlines Holdings sharply into a US$129 to US$153 range, and our updated fair value estimate has shifted from US$72.78 to US$95.53 as they point to resilient demand indicators into 2026, supportive Q4 setup commentary, and expectations for constructive airline guidance relative to subdued consensus. Analyst Commentary Across the Street, research updates are pointing to a tighter cluster of higher price targets for United Airlines within the US$129 to US$153 range.

UAL: Margin Execution And Operational Resets Will Shape Future Upside Potential

Analysts have nudged their fair value estimate for United Airlines Holdings up slightly from about US$124.36 to roughly US$125.26. They cite a modestly higher long term revenue outlook, a small adjustment to discount rates, and updated assumptions for profit margins and future P/E multiples following recent price target increases across several research firms.

United Airlines Holdings, Inc. (NASDAQ:UAL) Surges 26% Yet Its Low P/E Is No Reason For Excitement

Dec 23
United Airlines Holdings, Inc. (NASDAQ:UAL) Surges 26% Yet Its Low P/E Is No Reason For Excitement

UAL: Premium Demand And Margin Expansion Will Drive Upside Despite Flight Disruptions

The blended analyst price target for United Airlines Holdings has been raised from approximately $123 to $124 per share, as analysts factor in stronger anticipated revenue growth, slightly higher long term margins, and a modestly richer future earnings multiple. Analyst Commentary Bullish analysts have broadly increased their price targets on United Airlines, signaling rising confidence in the company’s ability to execute on its growth and margin expansion plans over the next two years.

UAL: Margin Expansion And Resilient Demand Will Overcome Near-Term Flight Disruptions

United Airlines Holdings' analyst price target has been modestly adjusted from $123.20 to $122.90. This reflects analysts' views that while the company continues pursuing margin expansion and earnings growth, recent sector dynamics and improving demand are being balanced with updated financial outlooks.

UAL: Margin Expansion Initiatives Will Drive Performance Amid Air Travel Disruptions

United Airlines Holdings’ analyst price target has increased significantly, with recent updates raising it by as much as $41 to $156. Analysts cite robust earnings prospects, margin expansion initiatives, and stronger demand trends as key drivers for the upward revisions.

UAL: Higher Margins And Revenue Outlook Will Drive Outperformance Through 2027

United Airlines Holdings' analyst price target has risen from $121.45 to $123.20 as analysts cite ongoing margin expansion efforts and improved revenue growth projections as key drivers for the upward revision. Analyst Commentary Recent analyst activity for United Airlines Holdings has largely centered on price target increases, highlighting both optimistic and cautious perspectives regarding the company’s future prospects.

United Airlines Holdings, Inc. Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Oct 18
United Airlines Holdings, Inc. Just Recorded A 6.3% EPS Beat: Here's What Analysts Are Forecasting Next

Expanding International Demand And Premium Cabins Will Ensure Future Strength

The analyst price target for United Airlines Holdings increased from $115 to $121.45, as analysts cited improved margin outlooks and higher long-term earnings potential following recent industry and company updates. Analyst Commentary Following United Airlines Holdings' recent updates and industry shifts, analysts have weighed in with revised price targets and new perspectives on the company’s growth outlook.

Expanding International Demand And Premium Cabins Will Ensure Future Strength

Analysts have increased their price target for United Airlines Holdings to $115 from $111.60. They cite improving demand, better fare trends, and enhanced industry profitability outlooks as key drivers for the higher valuation.

Expanding International Demand And Premium Cabins Will Ensure Future Strength

Upward revisions to United Airlines’ long-term earnings forecasts, driven by industry consolidation and robust operational performance, have prompted analysts to raise the stock’s fair value target from $108.65 to $111.60. Analyst Commentary Bullish analysts raised long-term earnings estimates for United Airlines above consensus for 2026 and 2027, reflecting stronger-than-expected industry profitability among major carriers.

Expanding International Demand And Premium Cabins Will Ensure Future Strength

Given marginal movements in both the Future P/E ratio and Discount Rate, the consensus analyst price target for United Airlines Holdings saw a negligible increase from $107.55 to $108.65. What's in the News United Airlines experienced a system-wide technology issue caused by its Unimatic system, temporarily pausing departures; the issue was resolved and flights resumed, though residual delays were expected (WSJ).

Is United Airlines Holdings (NASDAQ:UAL) A Risky Investment?

Jul 08
Is United Airlines Holdings (NASDAQ:UAL) A Risky Investment?

Should You Investigate United Airlines Holdings, Inc. (NASDAQ:UAL) At US$74.65?

May 25
Should You Investigate United Airlines Holdings, Inc. (NASDAQ:UAL) At US$74.65?

United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Catapults 26% Though Its Price And Business Still Lag The Market

May 14
United Airlines Holdings, Inc. (NASDAQ:UAL) Stock Catapults 26% Though Its Price And Business Still Lag The Market

Calculating The Intrinsic Value Of United Airlines Holdings, Inc. (NASDAQ:UAL)

May 05
Calculating The Intrinsic Value Of United Airlines Holdings, Inc. (NASDAQ:UAL)

United Airlines: Irrational Turbulence

Mar 31

United Airlines Faces A Tough Future

Feb 23

United Airlines: A Strong Buy Ahead Of Q4 Earnings

Jan 13

United Airlines: Why I Sold My Shares (Rating Downgrade)

Jan 03

United Airlines: Solid Results, Strong Outlook, Undervalued Stock

Nov 30

United Airlines: Revenue And Margin Expansion Will Bring The Company To New Highs

Nov 14

United Airlines Stock Soars To 52-Week High On Bullish Future

Oct 21

United Airlines: A Hold After Recent Take-Off

Oct 07

United Airlines: Lifted By Falling Oil

Sep 06
User avatar

Aggressive Cost Management And Decisive Expansions Set To Propel Airline's Margins And Growth

Aggressive cost management and domestic capacity reduction are set to improve net margins by aligning supply with demand.

United Airlines Keeps Building A Better Business (Rating Upgrade)

Aug 11

Shareholder Returns

UALUS AirlinesUS Market
7D-2.9%-4.1%-0.2%
1Y28.1%35.4%27.6%

Return vs Industry: UAL underperformed the US Airlines industry which returned 35.4% over the past year.

Return vs Market: UAL matched the US Market which returned 27.6% over the past year.

Price Volatility

Is UAL's price volatile compared to industry and market?
UAL volatility
UAL Average Weekly Movement8.3%
Airlines Industry Average Movement7.8%
Market Average Movement7.2%
10% most volatile stocks in US Market16.2%
10% least volatile stocks in US Market3.3%

Stable Share Price: UAL has not had significant price volatility in the past 3 months compared to the US market.

Volatility Over Time: UAL's weekly volatility (8%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
1968115,600J. Kirbywww.united.com

United Airlines Holdings, Inc., through its subsidiaries, provides air transportation services in the United States, Canada, Atlantic, the Pacific, and Latin America. It transports people and cargo through its mainline and regional fleets. The company also offers ground handling, flight academy, frequent flyer award non-travel redemptions, and maintenance services for third parties.

United Airlines Holdings, Inc. Fundamentals Summary

How do United Airlines Holdings's earnings and revenue compare to its market cap?
UAL fundamental statistics
Market capUS$28.78b
Earnings (TTM)US$3.67b
Revenue (TTM)US$60.47b
7.8x
P/E Ratio
0.5x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
UAL income statement (TTM)
RevenueUS$60.47b
Cost of RevenueUS$40.03b
Gross ProfitUS$20.43b
Other ExpensesUS$16.77b
EarningsUS$3.67b

Last Reported Earnings

Mar 31, 2026

Next Earnings Date

n/a

Earnings per share (EPS)11.29
Gross Margin33.79%
Net Profit Margin6.06%
Debt/Equity Ratio152.4%

How did UAL perform over the long term?

See historical performance and comparison

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/04/30 11:10
End of Day Share Price 2026/04/29 00:00
Earnings2026/03/31
Annual Earnings2025/12/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

United Airlines Holdings, Inc. is covered by 42 analysts. 22 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
John StaszakArgus Research Company
Brandon OglenskiBarclays
David FintzenBarclays