United Airlines Holdings, Inc. (UAL) earnings on July 15, 2026
More United Airlines Holdings, Inc. earnings
Prior outlook: Optimistic Outcome: Missed
United Airlines shares dropped sharply during the day, falling as much as 6.3% before climbing back but still ending 1.8% lower. The stock declined even though investors had expected it to rise and the company has a solid record of earnings.
UAL price around the earnings
118.81
Change: -1.8%
2026-07-16, 20:00 UTC
- Price: green if it ends above the starting price; red if it ends below
- Start of the measured window
- End of the measured window
- Market open
- No trading (market closed)
- Starting price
Prior thesis
Prior outlook: Optimistic Outcome: Missed
- Thesis published
Strong expectations, scenario optimistic
Analysts are optimistic because the company has beaten earnings expectations every quarter and analysts point to an optimistic scenario for the stock, though recent price weakness tempers the outlook.
Context analyzed before publication
- Summary
- Strong expectations, scenario optimistic
- Playbook
- The stock has a strong recent record of beating earnings and strong analyst support, but the recent slight price decline suggests some uncertainty ahead of the next report.
- Trend
- Mixed trend, recently improving
Analysts
Drivers
-
Analysts
Positive
Analysts are strongly optimistic, with a consensus buy rating and a price target 27.6% above the current price.
Evidence
- Analyst consensus
- Strong buy
- Consensus average (1-5)
- 1.36
- Analysts covering the stock
- 23
- Average price target
- 153.97
- Lowest price target
- 95
- Highest price target
- 185
- Upside to price target
- 27.6%
- Quarterly earnings growth
- 80.6%
- Revenue growth
- 10.6%
- Forward EPS
- 14.89
- Trailing EPS
- 11.18
- Analyst moves in the last 60 days
- 10
- Strong buy: 4
- Buy: 19
- Hold: 1
- Sell: 0
- Strong sell: 1
- Strong buy
- 4
- Buy
- 19
- Hold
- 1
- Sell
- 0
- Strong sell
- 1
- July 7, 2026 · Susquehanna: Maintains rating (Positive → Positive)
- July 6, 2026 · Morgan Stanley: Maintains rating (Overweight → Overweight)
- July 2, 2026 · BMO Capital: Maintains rating (Outperform → Outperform)
- July 2, 2026 · TD Cowen: Maintains rating (Buy → Buy)
- July 2, 2026 · Goldman Sachs: Maintains rating (Buy → Buy)
- July 1, 2026 · Bernstein: Maintains rating (Outperform → Outperform)
- July 1, 2026 · B of A Securities: Maintains rating (Buy → Buy)
- June 30, 2026 · Wells Fargo: Maintains rating (Overweight → Overweight)
- June 26, 2026 · Citigroup: Maintains rating (Buy → Buy)
- June 25, 2026 · Barclays: Maintains rating (Overweight → Overweight)
News and sentiment
Drivers
-
News & sentiment
Neutral
Recent news includes earnings-related and product announcements, providing limited additional context for the upcoming report.
Evidence
Sentiment
- Sentiment
- Constructive
- Mention volume
- Low
- Normalized volume
- 33%
News
Sources (5)
- United Airlines Earnings Prediction Market Preview: What Will Scott Kirby Say? — Benzinga
- United Airlines Touts More Legroom, Replaces Select Middle Seats With Shared Tables on New Airbus A321XLR — Benzinga
- 'United Airlines to Roll Out New Economy Row With Extra Legroom' - Bloomberg — Benzinga
- Top Wall Street Forecasters Revamp United Airlines Expectations Ahead Of Q2 Earnings — Benzinga
- Susquehanna Maintains Positive on United Airlines Holdings, Raises Price Target to $172 — Benzinga
Technicals
Drivers
-
Technical
Negative
The stock has declined 1.0% over the past two weeks, showing recent price weakness despite strong company numbers.
Evidence
- Average true range (ATR)
- 4%
- Distance to 52-week high
- -11.3%
- 14-day change (14d)
- -1.0%
- 30-day change (30d)
- +4.8%
- 30-day relative strength
- +4.8%
- Benchmark change (0d)
- +0.0%
- Nearest support
- 120.31
- Nearest resistance
- 122.5
- Volume accumulation ratio (14d / 46d)
- 0.85
Trends
Drivers
-
Macro & trends
Neutral
Expected price volatility is moderate, and the implied price move of 3.97% is typical for the airline industry.
Evidence
- Average earnings surprise
- +5.2%
- April 21, 2026: actual EPS 1.19 vs estimate 1.08 (surprise +10.0%)
- January 20, 2026: actual EPS 3.1 vs estimate 2.94 (surprise +5.4%)
- October 15, 2025: actual EPS 2.78 vs estimate 2.68 (surprise +3.8%)
- July 16, 2025: actual EPS 3.87 vs estimate 3.81 (surprise +1.5%)
Expected move
Drivers
-
Past earnings
Positive
The company has beaten earnings expectations every quarter for the past year, with an average surprise of 5.2%.
There is no implied-move data available for this event.
Reactions over its last 19 earnings
- Median move
- 4.7%
- 75th percentile move
- 8.4%
- 90th percentile move
- 10.6%
- Up / down moves
- 9 / 10
- Average up move
- +7.3%
- Average down move
- -4.3%
Monitoring and close
What United Airlines Holdings, Inc. reported
There is no monitoring data available for this event.
Pre-market second reading after the results
There is no second reading available for this event.
How the stock reacted
- Outcome
- Missed
- Consolidated
- -1.8%
- Max favorable move (MFE)
- 1%
- Max adverse move (MAE)
- 6.3%