NYSE:UP

Wheels Up Experience (UP) Stock Forecast, Price & News

$2.11

+0.04 (+1.93%)

(As of 10/2/2023 ET)

Compare

Today's Range: $2.00
▼
$2.16
50-Day Range: $1.12
▼
$3.97
52-Week Range: $0.98
▼
$18.40

Volume: 540,357 shs
Average Volume: 1.05 million shs
Market Capitalization: $53.55 million

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: $25.60

Wheels Up Experience MarketRank™ Forecast

Analyst Rating: Hold
2.40 Rating Score
Upside/Downside: 1,113.3% Upside
$25.60 Price Target
Short Interest: Healthy
6.74% of Float Sold Short
Dividend Strength: N/A
Sustainability: N/A
News Sentiment: 0.02
Based on 4 Articles This Week
Insider Trading: Selling Shares
$36,051 Sold Last Quarter
Proj. Earnings Growth: N/A

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.02 out of 5 stars

Aerospace Sector

31st out of 44 stocks

Air Transportation, Nonscheduled Industry

3rd out of 4 stocks

3.2

Analyst's Opinion

Consensus Rating
Wheels Up Experience has received a consensus rating of Hold. The company's average rating score is 2.40, and is based on 2 buy ratings, 3 hold ratings, and no sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $25.60, Wheels Up Experience has a forecasted upside of 1,113.3% from its current price of $2.11.
Amount of Analyst Coverage
Wheels Up Experience has received no research coverage in the past 90 days.

4.0

Short Interest

Percentage of Shares Shorted
6.74% of the float of Wheels Up Experience has been sold short.
Short Interest Ratio / Days to Cover
Wheels Up Experience has a short interest ratio ("days to cover") of 1.1, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in Wheels Up Experience has recently decreased by 16.18%, indicating that investor sentiment is improving significantly.

0.0

Dividend Strength

Dividend Yield
Wheels Up Experience does not currently pay a dividend.
Dividend Growth
Wheels Up Experience does not have a long track record of dividend growth.

N/A

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
There is no current Upright™ data available for UP.

1.7

News and Social Media Coverage

News Sentiment
Wheels Up Experience has a news sentiment score of 0.02. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.54 average news sentiment score of Aerospace companies.
News Coverage This Week
MarketBeat has tracked 4 news articles for Wheels Up Experience this week, compared to 5 articles on an average week.
Search Interest
Only 20 people have searched for UP on MarketBeat in the last 30 days. This is a decrease of -44% compared to the previous 30 days.
MarketBeat Follows
8 people have added Wheels Up Experience to their MarketBeat watchlist in the last 30 days. This is an increase of 167% compared to the previous 30 days.

1.7

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, Wheels Up Experience insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $36,051.00 in company stock.
Percentage Held by Insiders
11.90% of the stock of Wheels Up Experience is held by insiders. A high percentage of insider ownership can be a sign of company health.
Percentage Held by Institutions
Only 37.41% of the stock of Wheels Up Experience is held by institutions.

0.6

Earnings and Valuation

Price to Earnings Ratio vs. the Market
The P/E ratio of Wheels Up Experience is -0.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Earnings Ratio vs. Sector
The P/E ratio of Wheels Up Experience is -0.09, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.
Price to Book Value per Share Ratio
Wheels Up Experience has a P/B Ratio of 0.21. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About Wheels Up Experience (NYSE:UP) Stock

Wheels Up Experience Inc. provides private aviation services in the United States. The company offers membership programs, charter, aircraft management, whole aircraft sales, and commercial travel services. It also provides freight, safety, and security solutions, as well as managed services. The company serves individuals, industry, government, and civil organizations. It operates a fleet of approximately 1,500 aircraft. The company was founded in 2013 and is headquartered in New York, New York.

UP Price History

30 days | 90 days | 365 days | Advanced Chart

UP Stock News Headlines

September 30, 2023 | americanbankingnews.com

Wheels Up Experience Inc. (NYSE:UP) Sees Large Decline in Short Interest

September 29, 2023 | americanbankingnews.com

Analyzing Wheels Up Experience (NYSE:UP) & Surf Air Mobility (NYSE:SRFM)

October 3, 2023 | Edge On The Street (Ad)

Is Gold Really Boring?

Many investors perceive gold as a "boring" investment. But according to MoneyWeek, that's a good thing. Gold helps investors sleep soundly as it preserves wealth and creates a hedge against inflation. Today, there's a unique way to invest in gold, with real advantages over coins and mining stocks.

September 28, 2023 | msn.com

Chaos On Wheels Dev Details Car Customization, Weapons, And More

September 23, 2023 | msn.com

Delta Helps Finalize $500 Million Investment To Save Private Jet Company Wheels Up

September 20, 2023 | marketwatch.com

Wheels Up Closes on Funding Package from Delta, Other Backers

September 20, 2023 | finance.yahoo.com

Wheels Up Finalizes New Investment with Delta, Certares, Knighthead and Cox

September 16, 2023 | finance.yahoo.com

Insider Sell: Mark Briffa Sells 9,904 Shares of Wheels Up Experience Inc (UP)

October 3, 2023 | Wall Street Fundamentals (Ad)

The "Plug and Play" Model Putting Online Giants to Shame

While e-commerce has been undergoing a turbulent time, a "simple" model has grown 4X faster than Amazon over the last 3 years. Applying this model to high-margin, recession-resistant businesses has shown to be profitable. But that's just the beginning of explaining the 400+% growth - and potential - of this "diamond in the rough."

September 14, 2023 | marketwatch.com

Wheels Up Shares Rise 13% After Naming New CEO

September 14, 2023 | bizjournals.com

Wheels Up picks Delta Air Lines board member as next CEO

September 14, 2023 | forbes.com

Wheels Up Flies South To Regain Altitude With New CEO

September 14, 2023 | marketwatch.com

Wheels Up Names New CEO After Getting Rescue Funding

September 14, 2023 | finance.yahoo.com

Wheels Up Appoints George N. Mattson as CEO

September 14, 2023 | msn.com

Fifth generation Lexus RX opens-up a new chapter

September 8, 2023 | yahoo.com

Polestar Synergy Design Concept hints at electric super car, becomes Hot Wheels Legend in the process

September 6, 2023 | msn.com

How to see Hot Wheels monster trucks tear up the KFC YUM! Center in Louisville

September 5, 2023 | msn.com

Hot Wheels Monster Trucks returning to Manchester for 'one-of-a-kind' glow party in the dark

September 3, 2023 | news.yahoo.com

Neal Rubin: As boomers age out, carpenters' union puts its recruiting drive on wheels

September 1, 2023 | msn.com

Rivian’s new dual-motor R1T will get up to 410 miles of range

August 30, 2023 | stocknews.com

September’s 3 Winning Airline Stocks to Buy

August 29, 2023 | tmcnet.com

Wheels Up Selects Bluetail to Centralize All Aircraft Maintenance Records for Entire Owned Aircraft Fleet in Strategic Move to Reduce Costs

August 21, 2023 | stocknews.com

4 Airline Stocks to Watch Every Day

August 19, 2023 | msn.com

Delta-Backed Private Jet Outfit Wheels Up Avoids Bankruptcy With $500 Million Investment

August 17, 2023 | reuters.com

UPDATE 1-Loss-making Wheels Up to give up 95% stake to lenders for $500 mln

August 16, 2023 | forbes.com

Delta, New Investors Keep Wheels Up Flying; Here’s Why And What’s Next

August 16, 2023 | reuters.com

Loss-making Wheels Up to give 95% stake to lenders for $500 mln

See More Headlines

Receive UP Stock News and Ratings via Email

Sign-up to receive the latest news and ratings for Wheels Up Experience and its competitors with MarketBeat's FREE daily newsletter.

UP Company Calendar

Last Earnings: 8/14/2023
Today: 10/03/2023
Next Earnings (Estimated): 11/08/2023
Fiscal Year End: 12/31/2023

Get Stock Alerts

Industry, Sector and Symbol

Stock Exchange: NYSE
Industry: Air transportation, nonscheduled
Sub-Industry: N/A
Sector: Aerospace
Current Symbol: NYSE:UP
CUSIP: N/A
CIK: 1819516
Web: www.aspconsumer.com
Phone: 212-257-5252
Fax: N/A
Employees: 3,111
Year Founded: N/A

Price Target and Rating

Average Stock Price Forecast: $25.60
High Stock Price Forecast: $40.00
Low Stock Price Forecast: $13.00
Forecasted Upside/Downside: +1,113.3%
Consensus Rating: Hold
Rating Score (0-4): 2.40
Research Coverage: 5 Analysts

Profitability

EPS (Most Recent Fiscal Year): ($23.48)
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: $-555,160,000.00
Net Margins: -38.75%
Pretax Margin: -41.91%
Return on Equity: -192.29%
Return on Assets: -26.39%

Debt

Debt-to-Equity Ratio: 16.39
Current Ratio: 0.33
Quick Ratio: 0.30

Sales & Book Value

Annual Sales: $1.58 billion
Price / Sales: 0.03
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: $10.10 per share
Price / Book: 0.21

Miscellaneous

Outstanding Shares: 25,380,000
Free Float: 22,356,000
Market Cap: $53.55 million
Optionable: Optionable
Beta: 1.47

Elon Musk's Next Move

Wondering when you'll finally be able to invest in SpaceX, StarLink or The Boring Company? Click the link below to learn when Elon Musk will let these companies finally IPO.

Get This Free Report

Key Executives

Mr. Todd Lamar Smith (Age 47)
CFO & Interim CEO
Comp: $1.05M

Mr. Kenneth Harry Dichter (Age 55)
Founder & Director
Comp: $3.44M

Ms. Laura Heltebran Esq. (Age 58)
Chief Legal Officer
Comp: $846.43k

Mr. Stevens J. Sainte-Rose (Age 50)
Chief People Officer
Comp: $1.32M

Ms. Kristen Lauria (Age 54)
Chief Customer & Marketing Officer

Ms. Julia Zhang
Sr. VP of Pricing & Revenue Management

Mr. Dave Holtz
Chairman of Operations

Mr. Mark Andrew Briffa (Age 59)
Exec. VP & Chief Commercial Officer

Mr. David Reed Godsman
Chief Digital Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

UP Stock - Frequently Asked Questions

Should I buy or sell Wheels Up Experience stock right now?: 5 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for Wheels Up Experience in the last year. There are currently 3 hold ratings and 2 buy ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" UP shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in UP, but not buy additional shares or sell existing shares.
View UP analyst ratings or view top-rated stocks.
What is Wheels Up Experience's stock price forecast for 2023?: 5 equities research analysts have issued 1-year price targets for Wheels Up Experience's shares. Their UP share price forecasts range from $13.00 to $40.00. On average, they predict the company's stock price to reach $25.60 in the next year. This suggests a possible upside of 1,113.3% from the stock's current price.
View analysts price targets for UP or view top-rated stocks among Wall Street analysts.
How have UP shares performed in 2023?: Wheels Up Experience's stock was trading at $10.30 on January 1st, 2023. Since then, UP stock has decreased by 79.5% and is now trading at $2.11.
View the best growth stocks for 2023 here.
Are investors shorting Wheels Up Experience?: Wheels Up Experience saw a drop in short interest during the month of September. As of September 15th, there was short interest totaling 1,710,000 shares, a drop of 16.2% from the August 31st total of 2,040,000 shares. Based on an average daily volume of 1,550,000 shares, the short-interest ratio is presently 1.1 days. Currently, 6.7% of the shares of the company are short sold.
View Wheels Up Experience's Short Interest.
When is Wheels Up Experience's next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Wednesday, November 8th 2023.
View our UP earnings forecast.
How were Wheels Up Experience's earnings last quarter?: Wheels Up Experience Inc. (NYSE:UP) issued its earnings results on Monday, August, 14th. The company reported ($2.69) EPS for the quarter, beating the consensus estimate of ($3.40) by $0.71. The company had revenue of $335.06 million for the quarter, compared to the consensus estimate of $351.76 million. Wheels Up Experience had a negative net margin of 38.75% and a negative trailing twelve-month return on equity of 192.29%.

When did Wheels Up Experience's stock split?: Wheels Up Experience shares reverse split on the morning of Thursday, June 8th 2023. The 1-10 reverse split was announced on Thursday, June 8th 2023. The number of shares owned by shareholders was adjusted after the closing bell on Thursday, June 8th 2023. An investor that had 100 shares of stock prior to the reverse split would have 10 shares after the split.
What is Wheels Up Experience's stock symbol?: Wheels Up Experience trades on the New York Stock Exchange (NYSE) under the ticker symbol "UP."
How do I buy shares of Wheels Up Experience?: Shares of UP stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Wheels Up Experience's stock price today?: One share of UP stock can currently be purchased for approximately $2.11.
How much money does Wheels Up Experience make?: Wheels Up Experience (NYSE:UP) has a market capitalization of $53.55 million and generates $1.58 billion in revenue each year. The company earns $-555,160,000.00 in net income (profit) each year or ($23.48) on an earnings per share basis.
How many employees does Wheels Up Experience have?: The company employs 3,111 workers across the globe.
How can I contact Wheels Up Experience?: Wheels Up Experience's mailing address is 1 KIM SENG PROMENADE SUITE 18-07/12 GREAT WORLD CITY, SINGAPORE U0, 237994. The official website for the company is www.aspconsumer.com. The company can be reached via phone at 212-257-5252 or via email at lieu.howes@turmericap.com.

This page (NYSE:UP) was last updated on 10/3/2023 by MarketBeat.com Staff

Get 30 Days of MarketBeat All Access Free

Best-in-Class Portfolio Monitoring
View the latest news, buy/sell ratings, SEC filings and insider transactions for your stocks. Compare your portfolio performance to leading indices and get personalized stock ideas based on your portfolio.
Stock Ideas and Recommendations
Get daily stock ideas from top-performing Wall Street analysts. Get short term trading ideas from the MarketBeat Idea Engine. View which stocks are hot on social media with MarketBeat's trending stocks report.
Advanced Stock Screeners and Research Tools
Identify stocks that meet your criteria using seven unique stock screeners. See what's happening in the market right now with MarketBeat's real-time news feed. Export data to Excel for your own analysis.

Start Your 30-Day Free Trial