- Thomas Wadewitz from UBS set a price target of $128 for NASDAQ:UAL, indicating a potential upside of 30.36%.
- United Airlines reported an adjusted EPS of $2.78 for Q3 2025, surpassing estimates but marking a 16.5% year-over-year decline.
- Despite a slight revenue miss, United anticipates record operating revenue and an EPS range between $3.00 and $3.50 for Q4 2025.
United Airlines Holdings Inc (NASDAQ:UAL) is a major American airline, providing air travel services across the globe. The company operates a large fleet, offering both passenger and cargo services. United competes with other major airlines like Delta Air Lines and American Airlines. On October 17, 2025, Thomas Wadewitz from UBS set a price target of $128 for UAL, suggesting a potential upside of 30.36% from its current trading price of $98.19, as highlighted by TheFly.
In its third-quarter 2025 financial results, United Airlines reported an adjusted earnings per share (EPS) of $2.78, surpassing the Zacks Consensus Estimate of $2.64. However, this figure represents a 16.5% decline compared to the previous year. Despite the earnings beat, the company’s revenue rose by 2.6% to $15.2 billion, slightly missing the expected $15.3 billion. This revenue growth was driven by increases in passenger and cargo sales.
Passenger revenue totaled $13.82 billion, falling about $90 million below expectations, while cargo revenue was $431 million, missing forecasts by approximately $1 million. On a positive note, other revenue surpassed estimates, reaching $979 million, which was more than $42 million above expectations. Despite the revenue miss, United Airlines remains optimistic about the fourth quarter of 2025, anticipating record operating revenue and guiding an EPS range between $3.00 and $3.50.
Operationally, United Airlines saw revenue passenger miles increase to 73.77 billion and available seat miles rise to 87.42 billion, both slightly surpassing estimates. However, the load factor was 84.4%, which was 0.8 percentage points below expectations. The stock has experienced a decrease of 5.63%, with a change of $5.86, reaching a low of $94.05 and a high of $106.45 during the trading day. Despite these fluctuations, analysts maintain a positive outlook for UAL’s long-term potential.
