Bank of America Raises United Airlines (NASDAQ:UAL) Price Target to $150.00

United Airlines (NASDAQ:UAL) had its price target hoisted by analysts at Bank of America from $145.00 to $150.00 in a research note issued to investors on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the transportation company’s stock. Bank of America‘s price objective would suggest a potential upside of 11.00% from the stock’s previous close.

UAL has been the topic of several other research reports. Wall Street Zen raised United Airlines from a “hold” rating to a “buy” rating in a report on Saturday, April 25th. Wells Fargo & Company increased their price objective on shares of United Airlines from $130.00 to $165.00 and gave the company an “overweight” rating in a research note on Tuesday. TD Cowen upgraded shares of United Airlines from a “hold” rating to a “strong-buy” rating in a report on Wednesday, March 18th. Weiss Ratings restated a “hold (c+)” rating on shares of United Airlines in a research report on Monday, April 20th. Finally, Morgan Stanley increased their price target on shares of United Airlines from $150.00 to $182.00 and gave the company an “overweight” rating in a research report on Monday, June 1st. One equities research analyst has rated the stock with a Strong Buy rating, fifteen have issued a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $141.88.

United Airlines Price Performance

United Airlines stock traded down $0.86 during mid-day trading on Wednesday, reaching $135.13. The company had a trading volume of 737,355 shares, compared to its average volume of 6,717,264. The stock’s 50-day simple moving average is $106.33 and its 200-day simple moving average is $105.33. United Airlines has a 1 year low of $78.33 and a 1 year high of $138.77. The company has a debt-to-equity ratio of 1.38, a current ratio of 0.70 and a quick ratio of 0.64. The company has a market capitalization of $43.86 billion, a P/E ratio of 12.01, a P/E/G ratio of 1.10 and a beta of 1.27.

United Airlines (NASDAQ:UAL) last announced its quarterly earnings results on Tuesday, April 21st. The transportation company reported $1.19 EPS for the quarter, topping the consensus estimate of $1.08 by $0.11. United Airlines had a return on equity of 24.33% and a net margin of 6.06%.The business had revenue of $14.61 billion for the quarter, compared to analyst estimates of $14.19 billion. During the same quarter in the previous year, the company earned $0.91 EPS. The company’s quarterly revenue was up 10.5% on a year-over-year basis. United Airlines has set its FY 2026 guidance at 7.000-11.000 EPS and its Q2 2026 guidance at 1.000-2.000 EPS. On average, equities analysts predict that United Airlines will post 9.85 EPS for the current year.

Insider Transactions at United Airlines

In other news, EVP Andrew P. Nocella sold 7,000 shares of the company’s stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $90.19, for a total transaction of $631,330.00. Following the completion of the transaction, the executive vice president owned 215,345 shares of the company’s stock, valued at $19,421,965.55. This represents a 3.15% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, CEO J Scott Kirby sold 1,078 shares of the company’s stock in a transaction dated Tuesday, June 16th. The shares were sold at an average price of $120.74, for a total transaction of $130,157.72. Following the transaction, the chief executive officer directly owned 797,851 shares of the company’s stock, valued at approximately $96,332,529.74. This represents a 0.13% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 96,381 shares of company stock worth $10,837,575 over the last quarter. 0.86% of the stock is currently owned by insiders.

Hedge Funds Weigh In On United Airlines

Institutional investors and hedge funds have recently bought and sold shares of the stock. Legacy Wealth Managment LLC ID acquired a new position in shares of United Airlines in the 4th quarter valued at $25,000. Western Wealth Management LLC acquired a new stake in shares of United Airlines during the 1st quarter worth $27,000. JPL Wealth Management LLC purchased a new position in shares of United Airlines in the 3rd quarter worth $29,000. Cache Advisors LLC acquired a new position in United Airlines in the first quarter valued at $33,000. Finally, BOCHK Asset Management Ltd acquired a new position in United Airlines in the fourth quarter valued at $34,000. Institutional investors and hedge funds own 69.69% of the company’s stock.

United Airlines Company Profile

United Airlines Holdings, Inc operates United Airlines, a major U.S. full-service passenger carrier providing scheduled air transportation for passengers and cargo. The company offers a comprehensive route network that covers domestic markets across the United States as well as extensive international service to Europe, Asia, Latin America, and the Pacific. United operates a mixed fleet of narrow- and wide-body aircraft on point-to-point and hub-and-spoke routes, and supports corporate and leisure travel through offerings such as premium cabins, basic economy, and ancillary services including baggage, seat selection and in-flight amenities.

In addition to passenger operations, United provides cargo services through United Cargo, handling freight, mail and specialized shipments.