Zacks Research Raises Earnings Estimates for United Airlines

Key Points

• United Airlines' Q3 2025 earnings per share (EPS) estimates have been revised upward from $2.54 to $2.62 according to Zacks Research, with a consensus full-year estimate of $12.96 EPS.
• Several research firms, including UBS and Bank of America, have raised their price targets on United Airlines' shares, reflecting positive sentiment with a consensus target price of $111.43.
• The company's recent earnings report showed an EPS of $3.87, beating analyst estimates, while revenue also climbed by 1.4% year-over-year.

United Airlines Holdings Inc (NASDAQ:UAL - Free Report) - Investment analysts at Zacks Research increased their Q3 2025 EPS estimates for shares of United Airlines in a research note issued on Wednesday, August 6th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $2.62 per share for the quarter, up from their prior forecast of $2.54. The consensus estimate for United Airlines' current full-year earnings is $12.96 per share. Zacks Research also issued estimates for United Airlines' Q4 2025 earnings at $2.42 EPS, Q1 2026 earnings at $0.95 EPS, Q2 2026 earnings at $4.04 EPS, Q3 2026 earnings at $4.10 EPS, Q4 2026 earnings at $3.01 EPS, FY2026 earnings at $12.10 EPS, Q1 2027 earnings at $2.43 EPS and FY2027 earnings at $13.25 EPS.

Several other research analysts also recently weighed in on the stock. Cantor Fitzgerald set a $88.00 target price on shares of United Airlines in a report on Tuesday, April 22nd. Sanford C. Bernstein reaffirmed an "outperform" rating on shares of United Airlines in a report on Tuesday, May 13th. Bank of America upped their target price on shares of United Airlines from $90.00 to $108.00 and gave the stock a "buy" rating in a report on Friday, July 18th. Wall Street Zen downgraded shares of United Airlines from a "buy" rating to a "hold" rating in a report on Friday, July 18th. Finally, Barclays reaffirmed an "overweight" rating and issued a $100.00 target price (up previously from $94.00) on shares of United Airlines in a report on Tuesday, July 15th. Two investment analysts have rated the stock with a hold rating, thirteen have assigned a buy rating and two have issued a strong buy rating to the stock. According to data from MarketBeat, the stock currently has an average rating of "Buy" and an average price target of $111.43.

United Airlines Stock Performance

Shares of UAL stock traded up $1.31 during mid-day trading on Friday, reaching $89.29. 4,641,259 shares of the company's stock traded hands, compared to its average volume of 7,298,136. United Airlines has a 12 month low of $40.13 and a 12 month high of $116.00. The firm has a 50 day moving average price of $83.71 and a two-hundred day moving average price of $82.40. The company has a debt-to-equity ratio of 1.56, a quick ratio of 0.65 and a current ratio of 0.70. The firm has a market capitalization of $28.91 billion, a PE ratio of 8.95, a price-to-earnings-growth ratio of 1.15 and a beta of 1.48.

United Airlines (NASDAQ:UAL - Get Free Report) last issued its quarterly earnings data on Wednesday, July 16th. The transportation company reported $3.87 earnings per share (EPS) for the quarter, beating analysts' consensus estimates of $3.81 by $0.06. United Airlines had a net margin of 5.71% and a return on equity of 30.09%. The firm had revenue of $15.24 billion during the quarter, compared to the consensus estimate of $15.31 billion. During the same quarter in the previous year, the firm posted $4.14 EPS. The company's revenue for the quarter was up 1.4% compared to the same quarter last year.

Insider Activity

In other news, President Brett J. Hart sold 24,772 shares of the company's stock in a transaction dated Friday, July 25th. The shares were sold at an average price of $89.50, for a total transaction of $2,217,094.00. Following the sale, the president directly owned 283,638 shares in the company, valued at approximately $25,385,601. This represents a 8.03% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through the SEC website. Also, EVP Torbjorn J. Enqvist sold 20,000 shares of the company's stock in a transaction dated Friday, July 18th. The shares were sold at an average price of $92.22, for a total transaction of $1,844,400.00. Following the sale, the executive vice president owned 62,358 shares in the company, valued at $5,750,654.76. This represents a 24.28% decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 45,672 shares of company stock worth $4,144,411. 0.71% of the stock is currently owned by corporate insiders.

Institutional Trading of United Airlines

Institutional investors have recently added to or reduced their stakes in the company. Capital A Wealth Management LLC bought a new stake in United Airlines in the fourth quarter worth about $31,000. WPG Advisers LLC purchased a new position in shares of United Airlines during the first quarter worth approximately $32,000. Hemington Wealth Management increased its position in shares of United Airlines by 50.6% during the first quarter. Hemington Wealth Management now owns 476 shares of the transportation company's stock worth $32,000 after acquiring an additional 160 shares during the period. Eastern Bank purchased a new position in shares of United Airlines during the first quarter worth approximately $35,000. Finally, Banque Transatlantique SA purchased a new position in shares of United Airlines during the first quarter worth approximately $35,000. Institutional investors own 69.69% of the company's stock.

United Airlines Company Profile

United Airlines Holdings, Inc, through its subsidiaries, provides air transportation services in North America, Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. The company transports people and cargo through its mainline and regional fleets. It also offers catering, ground handling, flight academy, and maintenance services for third parties.