NASDAQ: UAL

United Airlines (UAL) Stock Analysis & Forecast

United Airlines Holdings, Inc. Transportation sector, airlines industry. Market cap $35.28B.

$108.71+1.07 (+1.0%)

Close on Sep 18, 2026. Page updated Sep 19, 9:16 pm ET.

Gekko Brief

AI summary

United Airlines closes at $108.71, up 1% on the day, sitting between its 50-day average of $117.17 and its 200-day average of $108.82. The GekkoIndex reads 62.2, placing the stock in the Accumulation zone, while price remains 38% below the Gekko Fair Value of $175.42. Shares are down 6% over one month and 8% over three months, though still up 15% over six months and 3% over the past year, with the 52-week range spanning $84.64 to $138.77.

This week's coverage centers on fuel costs and inflight product expansion. United and American Airlines executives flagged rising jet fuel costs tied to geopolitical tensions as a factor that could trigger capacity reductions in coming quarters, even as United's CFO Mike Leskinen described resilient demand and fare power offsetting those costs. Separately, United partnered with DISH to bring live sports to Starlink-enabled seatback screens, expanding to more than 200 aircraft now and nearly 700 by February. Rothschild & Co maintained its Buy rating on United while lowering its price target from $165.00 to $150.00.

Looking ahead, United's next earnings report is set for 21 October 2026, 31 days out and beyond a typical 20-trading-day hold; the prior quarter posted an EPS beat of $1.99 versus a $1.92 estimate with a -1.3% reaction, and the stock has beaten estimates in 8 of the last 8 quarters. Seasonality over the next 20 trading days has averaged +3.1% across 5 years, rising in 2 of them. Analyst coverage stands at 15 firms, all with Buy ratings, and a consensus target of $157.76. No insider, Congress, or unusual options activity appears in the respective 90-day and 30-day windows, though two billionaire holders and one trailblazer holder are noted.

Written by AI and checked automatically against the figures on this page. Generated Sep 20, 2026 from the data above.

Price vs fair value

Close $108.71200-day averageGekko Fair Value $175.42

Key stats

Market cap
$35.28B
P/E ratio
10
Forward P/E
6.8
EPS, TTM
$10.82
Revenue, TTM
$62.90B
Profit margin
5.6%
Dividend yield
Beta
1.27
Volume
4.59M avg 3.52M
1-year return
+3.0%
Typical daily move
±3.3%
Typical 20-day move
±8.6%
50-day average
$117.17
200-day average
$108.82
Next earnings
Oct 21
Shares outstanding
324.6M
52-week range
$84.64$138.77

United Airlines swing-trade checklist

United Airlines scores 3 supportive, 2 mixed and 0 headwinds across the 5 checklist items with data.

Six things swing traders check before a 20-day hold, read from the latest data.

3 supportive2 mixed0 headwinds

  • Trendmixed

    Averages disagree

    Close $108.71 sits between the 50-day ($117.17) and 200-day ($108.82) averages, or the averages disagree.

    See the chart
  • GekkoIndexsupportive

    62.2, Accumulation

    Reading 62.2 is in the Accumulation zone.

    See the GekkoIndex
  • Fair valuesupportive

    38.0% below

    Price is 38% below Gekko Fair Value (more than 5% below).

    See fair value
  • Smart moneyno data

    No data

    No insider, Congress or unusual options activity in the window.

    See smart money
  • Earnings risksupportive

    Reports in 31 days

    Next report Oct 21, 2026, 31 days away — outside a typical 20-trading-day hold.

    See earnings
  • Seasonalitymixed

    +3.1% on average

    From this point in the calendar, the next 20 trading days averaged +3.1% over 5 years, rising in 2 of them.

    See seasonality

A description of current data, not a recommendation. How this page works

United Airlines stock chart and price history

United Airlines closed at $108.71 on Sep 18, 2026, +3.0% over the past year, inside a 52-week range of $84.64 to $138.77.

Close50-day average200-day averageVolume

Use the left and right arrow keys to read daily values.

Performance Breakdown

1 month
−6.1%
3 months
−8.1%
6 months
+15.5%
1 year
+3.0%
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About United Airlines

United Airlines carries passengers and cargo across a wide network spanning North America, Europe, Asia, Africa, the Pacific, the Middle East and Latin America. Flights run on a mix of mainline and regional aircraft, connecting travelers and shippers across these regions. The company is widely recognized for this global passenger and freight transport business.

Alongside its flight operations, United Airlines works with outside clients, offering services such as catering, ground handling, aircraft maintenance and training for aviation personnel. This side of the business extends the company's operational capabilities beyond its own flights to support other operators in the industry.

The company traces its founding back to 1968 and runs its main offices out of Chicago, Illinois. It took on its present corporate name in mid-2019, after having been known previously as United Continental Holdings. Its shares trade on the NASDAQ under the ticker UAL.

Listed
NASDAQ
Sector
Transportation
Industry
Airlines
Website
united.com

United Airlines GekkoIndex: the smart money zone

United Airlines’s GekkoIndex — Gekko’s 0 to 100 smart money score — reads 62.2, in the Accumulation zone, down 2.1 points over five sessions.

010062.2Accumulation

Down 2.1 points over five sessions.

Reading for Sep 18, 2026

What followed past readings in each zone

ZoneReadings5 days10 days20 days50 days
Buying28+2.0%+3.7%+1.0%+21.6%
Accumulation (current zone)175+0.5%+1.0%+3.1%+16.6%
Neutral388+1.1%+1.9%+3.3%+7.0%
Distribution70+1.3%+4.0%+12.5%+25.2%
Selling1Too few readings yet

Average UAL share-price change over the trading days after each daily reading in its GekkoIndex history. Across every stock Gekko tracks, Accumulation readings averaged +2.3% over 20 days. Past behaviour doesn’t guarantee future results.

Accumulation zone: Institutional interest building. About the five zones →

See every daily GekkoIndex reading plotted over the UAL price, zone by zone.Track UAL in Gekko

Is United Airlines stock overvalued? Gekko Fair Value

United Airlines trades 38.0% below Gekko Fair Value of $175.42, so the shares are undervalued on Gekko’s estimate.

Gekko’s own estimate of what United Airlines shares are worth, recalculated every trading day.

$175.42

Gekko Fair Value, Sep 19, 2026

38.0% Undervalued

How Gekko Fair Value works →

Gekko Fair Value on every chart, with the gap to price updating daily.Open UAL in Gekko

United Airlines insider and Congress trading

No open-market insider purchases were filed for United Airlines, and no Congress trades were disclosed, in the last 90 days.

Plus buybacks, unusual options and fund positions, each dated to when it became public.

Insider buying last 90 days

No open-market insider purchases were filed for UAL in the last 90 days.

From Form 4 filings, dated to when each was filed.

Every UAL insider filing, plotted on the chart in Gekko.Open UAL in Gekko

Congress trades last 90 days

No trades in UAL were disclosed by members of Congress in the last 90 days.

From congressional disclosures, which report amounts as ranges.

Congress disclosures for UAL, plotted on the chart in Gekko.Open UAL in Gekko

Buybacks

United Airlines has been buying back its own shares.

Bought back, quarter ended Mar 31, 2026
$27.00M
As a share of market cap
0.08%
Trailing four quarters
$315.0M

From company filings.

Hedge funds and billionaires quarter ended Jun 30

3of the funds Gekko tracks hold UAL.

2added0opened1trimmed1sold out
Which funds are on each side, name by name.Unlock in Gekko

United Airlines earnings: next date and track record

United Airlines reports on Oct 21, 2026 (31 days away), and beat the EPS estimate in 8 of its last 8 reports.

8 of 8reports beat the EPS estimate
±4.6%average move across the report
4 of 8reports followed by a gain

Share-price move across each report

+13.4%Oct ’24+0.5%Jan ’25+2.0%Apr ’25+5.6%Jul ’25−4.8%Oct ’25−2.2%Jan ’26−7.3%Apr ’26−1.3%Jul ’26

Last earnings call, Jul 15, 2026 AI summary

What they said
United Airlines reported strong second-quarter 2026 results driven by robust revenue performance, improving yields across domestic and international networks, and notable strength in premium and loyalty businesses. Management highlighted operational improvements (best on-time departures, low cancellations, high NPS), accelerated Starlink Wi-Fi rollout, and record co-branded card acquisition and spend. Financial performance included 16% total operating revenue growth to $17.7 billion, TRASM up 12.1%, EPS of $1.99 (high end of guidance), and a pretax margin of 4.8% despite a significant fuel headwind. Management reiterated United Next strategic priorities — growing brand-loyal customers, fleet modernization, premium capacity growth, and cost efficiency — and expressed confidence in reaching double-digit pretax margins by 2027 and mid-teens long term. Key near-term headwinds are a sharp recent spike in jet fuel prices and ongoing cost inflation in nonfuel categories. Management emphasized disciplined capacity and capital allocation (including proactive treasury actions), a focus on free cash flow conversion (50% near term, heading to 75% by decade end), and plans to manage CASM-ex to a 2–3% core range by 2027.
Guidance
Management guidance and forward-looking targets: - EPS for Q2 was $1.99 (at high end of prior guidance of $1.00–$2.00). - Fuel recovery: recaptured ~50% of recent fuel increase in Q2; expect to recover 80–90% in Q3 and full recovery by Q4 (at current price assumptions). - CASM-ex (core) target: 2%–3% range in 2027. - Pretax margin targets: double-digit pretax margins by 2027; mid-teens pretax margins longer term. - Free cash flow conversion: ~50% over the next few years, trending to ~75% by decade end. - Net debt target: trend below 2x net leverage (aiming toward investment-grade metrics). - No explicit RASM or EPS guidance was provided beyond the targets above; management said they will not issue a RASM guide but expect Q3/Q4 RASM acceleration versus Q2.
Risks flagged
Key risks mentioned: - Jet fuel price volatility (recent sharp spike equating to material EPS impact). - Broad nonfuel cost inflation and harmonization (airport fees, labor, maintenance) pressuring margins and forcing fare increases. - Airport slot/capacity constraints (Chicago O'Hare, Newark, San Francisco operations and runway works) which can limit growth and profitability. - Competitive dynamics and the potential for irrational competitor pricing (industry risk from carriers with different strategies). - OEM delivery delays and fleet transition timing. - Macro demand shifts and corporate travel recovery uncertainty. - Regulatory/FAA operational changes impacting schedules and landing rates.
ReportedEPSSurpriseRevenueSurpriseMove
Jul 15, 2026$1.99
est $1.92
+3.6%$17.67B
est $17.62B
+0.3%−1.3%
Apr 21, 2026$1.19
est $1.08
+10.2%$14.61B
est $14.39B
+1.5%−7.3%
Jan 20, 2026$3.10
est $2.93
+5.8%$15.40B
est $15.37B
+0.2%−2.2%
Oct 15, 2025$2.78
est $2.65
+4.9%$15.23B
est $15.33B
−0.7%−4.8%
Jul 16, 2025$3.87
est $3.81
+1.6%$15.24B
est $15.36B
−0.8%+5.6%
Apr 15, 2025$0.91
est $0.75
+21.3%$13.21B
est $13.23B
−0.1%+2.0%
Jan 21, 2025$3.26
est $3.03
+7.6%$14.70B
est $14.41B
+2.0%+0.5%
Oct 15, 2024$3.33
est $3.17
+5.0%$14.84B
est $14.77B
+0.5%+13.4%

“Move” is the close of the first session after the report compared with the close of the last session before it, so it reads the same whether the company reported before the open or after the close.

United Airlines stock forecast and analyst price targets

Analysts’ average 12-month price target for United Airlines is $157.76, +45.1% from the last close, from 15 firms rating the stock in the last 90 days.

$157.76consensus 12-month target, +45.1% from the last close
Low $137High $203
Buy15
Hold0
Sell0

Each firm’s latest rating in the last 90 days: 15 firms.

Latest analyst actions

DateFirmRatingTargetvs price
Sep 18Rothschild & Co RedburnBuy, maintained$150+38.0%
Sep 17Wells FargoBuy, maintained$165+51.8%
Sep 15BernsteinBuy, maintained$162+49.0%
Sep 11BarclaysBuy, maintained$160+47.2%
Sep 10Wells FargoBuy, maintained$165+51.8%
+3.1%average 20-day move after past Accumulation readings
+3.1%average move over the next 20 trading days in the last 5 years
±3.3%typical daily move, from the 14-day average range

Gekko doesn’t publish price predictions. These are analyst targets and historical base rates, which don’t guarantee future results.

United Airlines seasonality: the next 20 trading days

Over the next 20 trading days from Sep 19, United Airlines averaged +3.1% across the last 5 years, rising in 2 of them.

Next 20 trading days, by year

+4.2%2021−6.7%2022−11.3%2023+39.4%2024−6.7%2025

Average move and hit rate

WindowAverageYears higher
Next 5 trading days−4.1%2 of 5
Next 10 trading days−3.5%2 of 5
Next 15 trading days−2.1%2 of 5
Next 20 trading days+3.1%2 of 5
Next 30 trading days+7.0%3 of 5

For scale, UAL’s typical 20-trading-day move in either direction is about 8.6%.

United Airlines market cap and key statistics

United Airlines’s market cap is $35.28B, with a P/E ratio of 10 and revenue of $62.90B over the last twelve months.

Valuation

Market cap
$35.28B
P/E ratio
10
Forward P/E
6.8
EPS, TTM
$10.82
Gekko Fair Value
$175.42

Trading

Volume
4.59M
Avg volume, 20 days
3.52M
52-week high
$138.77
52-week low
$84.64
Shares outstanding
324.6M

Financials

Revenue, TTM
$62.90B
Profit margin
5.6%
Return on equity
23.3%
Quarterly earnings growth, YoY
−17.2%

Risk and income

Beta
1.27
Typical daily move
±3.3%
Typical 20-day move
±8.6%

United Airlines peers

United Airlines’s 6 largest industry peers by market value, with today’s move, GekkoIndex zone and gap to Gekko Fair Value.

StockTodayGekkoIndex zonevs Fair Value
DALDelta Air Lines+0.3%Accumulation13.4% below
LUVSouthwest Airlines+1.2%Neutral10.9% below
AALAmerican Airlines−0.1%Accumulation41.2% below
CPACopa−0.1%Neutral15.9% below
ALKAlaska Air+1.2%Accumulation18.7% below
SKYWSkyWest+0.8%Accumulation10.6% below

A peer links to its own page where one exists.

In the Buying zone today

Reporting earnings this week

Popular on Gekko

United Airlines stock FAQ

What is United Airlines’s market cap?

United Airlines’s market cap is $35.28B at the Sep 18, 2026 close of $108.71, with 324.6M shares outstanding. The shares trade on a P/E ratio of 10.

What is the United Airlines stock forecast?

The consensus analyst 12-month price target for United Airlines is $157.76, +45.1% from the last close. Of the 15 firms that rated the stock in the last 90 days, 15 rate it a buy, 0 a hold and 0 a sell. Gekko doesn’t publish price predictions of its own.

Is United Airlines stock overvalued or undervalued?

On Gekko’s estimate United Airlines is undervalued: the Sep 18, 2026 close of $108.71 is 38.0% below Gekko Fair Value of $175.42. Gekko Fair Value is recalculated every trading day, and a gap inside 5% either way counts as about fair value.

When does United Airlines report earnings next?

United Airlines is expected to report on Oct 21, 2026 (31 days away). Analysts expect earnings of $2.86 per share on revenue of $17.82B. United Airlines beat the earnings estimate in 8 of its last 8 reports, moving 4.6% on average across the report.

What is United Airlines’s 52-week high and low?

United Airlines’s 52-week high is $138.77 and its 52-week low is $84.64; it closed at $108.71 on Sep 18, 2026, +3.0% over the past year.

Is United Airlines stock a buy right now?

Gekko describes the data; it does not make buy or sell recommendations. On the swing-trade checklist, 3 of the 5 items with data read as supportive (gekkoindex, fair value and earnings risk), 2 as mixed (trend and seasonality). The checklist is a description of current data, not a recommendation.

How this page works

Prices and signals update after every US market close; the GekkoIndex, Gekko Fair Value and the checklist are Gekko’s own, and the Gekko Brief is written by AI from this page’s data and checked against it before it is published. How Gekko’s data works →

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