How United Airlines’ Raised Earnings Outlook and JetBlue Partnership Will Impact UAL Investors

• Earlier in October 2025, United Airlines Holdings reported higher third-quarter revenue of US$15.23 billion and set guidance for record fourth-quarter revenue and full-year earnings per share between US$9 and US$11.
• United also announced share repurchases and a new partnership with JetBlue, highlighting its focus on shareholder returns and expanded customer loyalty benefits.
• We'll explore how United’s raised earnings guidance and premium seat momentum influence its updated investment outlook.

The end of cancer? These 27 emerging AI stocks are developing tech that will allow early identification of life changing diseases like cancer and Alzheimer's.

United Airlines Holdings Investment Narrative Recap

To be a United Airlines Holdings shareholder right now, you generally need to believe that premium cabin demand and ongoing international expansion can offset lingering uncertainty in business travel and high financial leverage. The latest raised earnings guidance and premium revenue trends strengthen the short-term case for margin improvement, but United’s significant exposure to debt remains the most important risk should macro or travel conditions turn. The near-term catalyst is clear, though the sustainability of revenue gains is yet to be tested.

United’s recently completed US$700 million share buyback program stands out among recent announcements, especially as it complements strong quarterly results and record earnings guidance. These repurchases are particularly relevant in the context of management signaling confidence and potential value for shareholders, but they also prompt questions regarding long-term balance sheet flexibility if industry volatility returns.

However, all of this could quickly be overshadowed if higher interest costs from United’s debt burden materialize in an unexpected downturn that investors should be watching carefully...

Read the full narrative on United Airlines Holdings (it's free!)

United Airlines Holdings is projected to achieve $67.6 billion in revenue and $4.2 billion in earnings by 2028. This outlook is based on an assumed annual revenue growth rate of 5.2% and reflects a $0.9 billion increase in earnings from the current $3.3 billion.

Uncover how United Airlines Holdings' forecasts yield a $121.45 fair value, a 23% upside to its current price.

Exploring Other Perspectives

Five Simply Wall St Community fair value estimates for United Airlines range from US$105.10 to US$130. The company’s high debt load continues to shape debate over its future flexibility and returns, opening room for diverse opinions on the sustainability of recent earnings strength.

Explore 5 other fair value estimates on United Airlines Holdings - why the stock might be worth just $105.10!

Build Your Own United Airlines Holdings Narrative

Disagree with existing narratives? Create your own in under 3 minutes - extraordinary investment returns rarely come from following the herd.

• A great starting point for your United Airlines Holdings research is our analysis highlighting 4 key rewards and 2 important warning signs that could impact your investment decision.
• Our free United Airlines Holdings research report provides a comprehensive fundamental analysis summarized in a single visual - the Snowflake - making it easy to evaluate United Airlines Holdings' overall financial health at a glance.

Seeking Other Investments?

These stocks are moving-our analysis flagged them today. Act fast before the price catches up:

• Find companies with promising cash flow potential yet trading below their fair value.
• Uncover the next big thing with financially sound penny stocks that balance risk and reward.
• We've found 19 US stocks that are forecast to pay a dividend yield of over 6% next year. See the full list for free.

This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team@simplywallst.com