United Airlines

United Airline Holdings (NASDAQ:UAL) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 01/09/2024 28.65% B of A Securities $40 → $56 Upgrades Underperform → Buy 12/20/2023 49.32% Raymond James $68 → $65 Maintains Outperform 10/19/2023 125.13% JP Morgan $93 → $98 Maintains Overweight 10/19/2023 56.21% Raymond James $70 → $68 Maintains Outperform 10/19/2023 -8.11% Susquehanna $44 → $40 Maintains Neutral 10/19/2023 63.11% Citigroup $76 → $71 Maintains Buy 10/11/2023 1.08% Susquehanna $57 → $44 Maintains Neutral 10/05/2023 60.81% Raymond James $76 → $70 Maintains Outperform 10/02/2023 72.29% Morgan Stanley $80 → $75 Maintains Overweight 09/29/2023 10.27% Jefferies $65 → $48 Maintains Hold 09/26/2023 56.21% Bernstein $71 → $68 Maintains Outperform 08/28/2023 33.24% Evercore ISI Group $65 → $58 Maintains In-Line 08/07/2023 83.78% Redburn Partners → $80 Upgrades Neutral → Buy 07/24/2023 92.97% Citigroup $75 → $84 Maintains Buy 07/23/2023 49.32% Jefferies → […]

Raymond James analyst Savanthi Syth maintains United Airlines Holdings (NASDAQ:UAL) with a Outperform and lowers the price target from $68 to $65.

United Airline Holdings (NASDAQ:UAL) Stock Analyst Ratings Date Upside/Downside Analyst Firm Price Target Change Rating Change Previous / Current Rating 12/20/2023 54.06% Raymond James $68 → $65 Maintains Outperform 10/19/2023 132.28% JP Morgan $93 → $98 Maintains Overweight 10/19/2023 61.18% Raymond James $70 → $68 Maintains Outperform 10/19/2023 -5.19% Susquehanna $44 → $40 Maintains Neutral 10/19/2023 68.29% Citigroup $76 → $71 Maintains Buy 10/11/2023 4.29% Susquehanna $57 → $44 Maintains Neutral 10/05/2023 65.92% Raymond James $76 → $70 Maintains Outperform 10/02/2023 77.77% Morgan Stanley $80 → $75 Maintains Overweight 09/29/2023 13.77% Jefferies $65 → $48 Maintains Hold 09/26/2023 61.18% Bernstein $71 → $68 Maintains Outperform 08/28/2023 37.47% Evercore ISI Group $65 → $58 Maintains In-Line 08/07/2023 89.62% Redburn Partners → $80 Upgrades Neutral → Buy 07/24/2023 99.1% Citigroup $75 → $84 Maintains Buy 07/23/2023 54.06% Jefferies → $65 Maintains Hold 07/21/2023 65.92% TD Cowen $65 → $70 Maintains Outperform 07/21/2023

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target of $41, down $19, is 4.5x our ’24 EPS estimate (cut to $9.13 from $11.38; ’23 to $9.87 from $11.30), below its peer forward average of 4.9x, which we believe is merited due to its above-peer average floating-rate debt ($11B vs. peer average of ~$3B) and lofty capex needs (~$9B vs. peer average of $4B in ’24). Q3 EPS of $3.65 vs. $2.81 beat consensus by $0.24. Q3 revenues grew ~13 Y/Y. The stock fell ~10% today, which we think is due to rising unit costs (labor and fuel) and the impact of the recent Israeli conflict (2% of total capacity per UAL). In Q3, UAL finalized a labor contract with its pilots (valued at $10B, lifting pay by as much as 40% over

JPMorgan analyst Jamie Baker maintains United Airlines Holdings (NASDAQ:UAL) with a Overweight and raises the price target from $93 to $98.

Citigroup analyst Stephen Trent maintains United Airlines Holdings (NASDAQ:UAL) with a Buy and lowers the price target from $76 to $71.

United Airlines expects to end FY2024 with a similar level of capacity as seen in FY2023, even though it won’t be a year of capacity growth across the Atlantic, chief commercial officer Andrew Nocella says in a call with analysts. The airline anticipates little to no growth on domestic flying for the 1H, but it does predict a faster-than-expected shake-up in the domestic market, which will lead to an improvement in margins over the medium-to-long-term, CEO Scott Kirby says.

United Airlines plans to significantly boost its first class seats offering in the upcoming years as customers think differently about paying higher prices to travel in the midst of an inventory-led environment. The airline seeks to increase its first class seats per departure from 9 in 2019 to 16 by 2027, representing an 80% chief commercial officer Andrew Nocella says in a call with analysts. Six years ago, United Airlines didn’t offer premium products that many of its best customers were willing to pay for, but the company is now making quick progress in correcting this disconnect in its commercial plans, Nocella adds.

CFRA, an independent research provider, has provided MT Newswires with the following research alert. Analysts at CFRA have summarized their opinion as follows: Our 12-month target of $41, down $19, is 4.5x our ’24 EPS estimate (cut to $9.13 from $11.38; ’23 to $9.87 from $11.30), below its peer forward average of 4.9x, which we believe is merited due to its above-peer average floating-rate debt ($11B vs. peer average of ~$3B) and lofty capex needs (~$9B vs. peer average of $4B in ’24). Q2 EPS of $3.65 vs. $2.81 beat consensus by $0.24. Q2 revenues grew ~13 Y/Y. The stock fell ~10% today, which we think is due to rising unit costs (labor and fuel) and the impact of the recent Israeli conflict (2% of total capacity per UAL). In Q3, UAL finalized a labor contract with its pilots (valued at $10B, lifting pay by as much as 40% over

United Airlines Holdings (NASDAQ:UAL) reported quarterly earnings of $3.65 per share which beat the analyst consensus estimate of $3.39 by 7.67 percent. This is a 29.89 percent increase over earnings of $2.81 per share from the same period last year. The company reported quarterly sales of $14.48 billion which beat the analyst consensus estimate of $14.44 billion by 0.30 percent. This is a 12.48 percent increase over sales of $12.88 billion the same period last year.

UNITED AIRLINES Posts Q3 Revenue $14.48B, Vs. Street Est of $14.41B。

United Airlines (UAL) reported Q3 adjusted earnings late Tuesday of $3.65 a share, up from $2.81 a year earlier. Analysts polled by Capital IQ expected $3.41. Revenue for the quarter ended Sept. 30 was $14.5 billion, up from $12.9 billion a year earlier. Analysts surveyed by Capital IQ expected $14.41 billion. The airliner said it expects Q4 adjusted EPS of $1.50 to $1.80, depending on the suspension of Tel Aviv flights. Analysts polled by Capital IQ are expecting $2.15.