United Airlines Holdings (UAL) Q3 2026 earnings — TrendMatrix coverage
Reported
Model-generated analysis — not investment advice. Not a registered investment advisor. Past performance does not guarantee future results. How we score · Full disclosure · Editorial policy
Key numbers
- Adjusted EPS
- $2.54
- Estimate
- $2.57
- Surprise
- -1.3%
- Revenue (period 2026-09-30)
- $17.88B
- Score at report (before → after)
- 5.7 → 5.7/10
Revenue source: xbrl.
How the report landed
United Airlines Holdings (UAL) missed the $2.57 estimate with adjusted EPS of $2.54 — a modest 1.3% shortfall. TrendMatrix's engine moved from Buy (Wait) (5.7/10) to Sell at 5.7/10 after the report.
Where TrendMatrix's rating stands now
TrendMatrix currently rates UAL Sell at 5.7/10.
3 of the last 4 quarters beat the estimate; this quarter's -1.3% surprise compares with a +5.4% four-quarter average. Next scheduled report: 2027-01-26.
What argues against it
- Concentration risk — Supplier: Boeing and Airbus
- Concentration risk — Hedge Coverage: fuel hedge (0.0%)
- Quality below floor (3.8 < 4.0)
This section and the ones below it reflect TrendMatrix’s latest engine read — they update after the report date and are not frozen to it.
The levels TrendMatrix's engine tracks
- Current price
- $103.43
- Price target
- $135.08
- Stop
- $96.19
- Upside to target
- +30.6%
- Reward-to-risk
- 3.2:1
At 9.5× trailing and 8.7× forward earnings, consensus estimates imply little change in earnings power.
Model outputs from TrendMatrix’s engine as of 2026-10-29 — shown for context, not personalized investment advice.
UAL at TrendMatrix's latest read
Industrial quarters are order-book stories — backlog and book-to-bill color how the market reads the reported number.
- Industry
- Airlines
- Market cap
- $33.60B
- P/E (fwd)
- 8.7
- P/E (ttm)
- 9.5
- 52-week range
- $84.64–$138.77
- Off 52-week high
- 25.5%
- RSI (14)
- 44
- Volume vs avg
- 0.85×
- Score today
- 5.7/10