United Airlines Forecasts $15.44B Quarterly Revenue, EPS Down 10.12%
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jan 03 2026
0mins
Source: NASDAQ.COM
- Stock Performance: United Airlines (UAL) closed at $113.01, reflecting a 1.06% increase from the previous day, outperforming the S&P 500's 0.19% gain, indicating market optimism about its future performance.
- Monthly Growth: Over the past month, UAL's stock has risen by 6.77%, surpassing the Transportation sector's 3.99% increase and the S&P 500's 0.54%, reflecting investor confidence in the airline industry's recovery.
- Earnings Forecast: The upcoming earnings report is expected to show an EPS of $2.93, down 10.12% year-over-year, while quarterly revenue is projected at $15.44 billion, up 5.04%, indicating resilience in revenue growth despite EPS decline.
- Valuation Analysis: United Airlines currently trades at a forward P/E ratio of 8.51, below the industry average of 9.3, and a PEG ratio of 0.8, suggesting a relatively low valuation that may attract value investors' interest.
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Analyst Views on UAL
Wall Street analysts forecast UAL stock price to rise
16 Analyst Rating
15 Buy
1 Hold
0 Sell
Strong Buy
Current: 119.970
Low
115.00
Averages
139.07
High
156.00
Current: 119.970
Low
115.00
Averages
139.07
High
156.00
About UAL
United Airlines Holdings, Inc. is a holding company. The Company transports people and cargo throughout North America and to destinations in Asia, Europe, Africa, the Pacific, the Middle East and Latin America. The Company, through United Airlines, Inc., and its regional carriers, operates across over six continents, with hubs at Chicago O'Hare International Airport (ORD), Denver International Airport (DEN), George Bush Intercontinental Airport (IAH), Los Angeles International Airport (LAX), Newark Liberty International Airport (EWR), San Francisco International Airport (SFO), Washington Dulles International Airport (IAD) and A.B. Won Pat International Airport (GUM). Its hub and spoke system allow it to transport passengers between a large number of destinations with frequent services. The Company has contractual relationships with various regional carriers to provide regional aircraft service branded as United Express. It provides freight and mail transportation services (Air Cargo).
About the author

Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
- Strong Market Performance: The S&P 500 rose by 1.65%, the Nasdaq 100 surged by 3.06%, and the Dow Jones Industrial Average hit a new record high, reflecting investor optimism about market prospects, particularly driven by gains in technology stocks.
- Crude Oil Price Plunge: WTI crude oil prices fell over 4% to a three-month low due to the US-Iran peace agreement and the reopening of the Strait of Hormuz, easing inflation expectations and boosting risk appetite in the equity markets.
- Weak Economic Data: The US June Empire Manufacturing Survey index dropped to 5.7, below the expected 13.7, indicating weakness in manufacturing that could pressure stocks, yet simultaneously supported gains in Treasury bonds.
- Tech Stocks Lead Gains: Chipmakers and AI infrastructure stocks performed strongly, with the iShares Semiconductor ETF rising over 5% and Western Digital up more than 15%, demonstrating strong market confidence in the technology sector.
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- Record Highs: United Airlines (UAL) shares rose 3.85% to close at $119.97, surpassing the previous record of $117.53 set in January, indicating strong market confidence in the airline industry's recovery.
- Sector Rally: Delta Air Lines (DAL) saw a 1.22% increase to $84.07, reaching an intraday high of $87.37, driven by optimism surrounding a potential Iran peace deal, reflecting positive investor sentiment towards the airline sector.
- Fuel Cost Relief: U.S. jet fuel prices averaged around $3 per gallon, marking a 39% decline from peak levels seen in February, which provides favorable conditions for airlines to lower operating costs and further boosts stock prices.
- Increased Market Sentiment: Retail sentiment for UAL and DAL remained neutral, yet message volume surged, with UAL's activity rising over 36% and DAL's nearly 55% in the past week, indicating heightened investor interest in airline stocks.
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- Stock Price Increase: American Airlines Group (AAL) saw a 3.20% rise in stock price, closing at $15.46, primarily driven by news of a U.S.-Iran peace agreement and a significant drop in oil prices, reflecting market optimism about future fuel cost reductions.
- Surge in Trading Volume: Trading volume reached 178.6 million shares, approximately 154% above the three-month average of 70.2 million shares, indicating a notable increase in investor interest and potentially signaling a shift in market sentiment.
- Improved Financial Health: The company reported record revenue and its lowest total debt level in over a decade in Q1, bolstering investor confidence in its future profitability, especially against the backdrop of declining oil prices.
- Positive Industry Reaction: The 4% drop in oil prices led to a general rise in airline stocks, with investors maintaining an optimistic outlook on American Airlines' future performance, anticipating that lower fuel costs will further drive stock price increases.
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- Strong Market Performance: The S&P 500 rose by 1.67% and the Nasdaq 100 by 2.79%, with the Dow Jones Industrial Average hitting a new record high, reflecting optimistic market sentiment driven primarily by gains in technology stocks.
- Crude Oil Price Plunge: WTI crude oil prices fell over 5% to a three-month low due to the US-Iran peace agreement and the reopening of the Strait of Hormuz, easing inflation expectations and providing support for equity markets.
- Weak Economic Data: The US June Empire Manufacturing Index dropped to 5.7, below the expected 13.7, while May manufacturing production remained unchanged, and the June NAHB housing market index unexpectedly fell to 35, indicating fragility in the economic recovery that could impact future market confidence.
- Tech Stocks Lead Gains: Chipmakers and AI infrastructure stocks surged, with the iShares Semiconductor ETF up over 4% and Western Digital soaring more than 14%, demonstrating strong market confidence in the tech sector, particularly amid rising risk appetite.
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- Oil Price Impact: The U.S.-Iran deal is expected to release Iranian funds and reopen the Strait of Hormuz, causing oil prices to drop to their lowest levels since April, which is beneficial for airline investors as lower oil prices will reduce operational costs for airlines.
- Airline Stock Rally: The U.S. Global Jets ETF (JETS) rallied on Monday, nearing a new high for the year, indicating investor optimism about the airline sector's outlook, despite the overall industry facing a $98 billion increase in fuel costs that is expected to halve global airline profits.
- Lagging Market Response: Although the reopening of the Strait of Hormuz will increase oil supply, the market will take time to normalize, and airlines must still contend with the supply disruption that has lasted for 3.5 months, meaning fuel cost pressures will not dissipate overnight.
- Trading Strategy Suggestion: It is recommended to sell a one-month strangle on JETS, setting a $27 put and a $33 call, aiming to keep the stock price within this range at expiration to achieve a maximum gain of $125, reflecting market expectations for price volatility over the next 30 days.
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