UAL

Nasdaq

United Airlines Holdings, Inc.

Industrials, Passenger Airlines

$129.56

close 7 Aug 2026

+45.04%

52-week change

$42.05B

market cap

$84.64

$138.77

52-week range

Expected price

$77.53 – $94.75

Current price

$129.56

Signal

Could be overvalued

A historical-multiple reference, never a fair-value claim. The band uses only data public at each date and ends at the latest month — no forward estimates.

Current multiples

P/E (TTM)12.14x

P/S (TTM)0.67x

P/B2.52x

EV/EBITDA (TTM)7.41x

FCF yield (TTM)6.05%

PEG (TTM, GAAP)0.18

Context

P/E, own 5-year average8.79x

P/E, sector median29.72x*

Price at 5-year median P/E$87.82*

Forward — analyst consensus

Forward P/E (FY2026)12.51x*

Forward P/E (FY2027)8.38x

Forward PEG0.25*

Consensus EPS FY2026 (22 analysts)$10.36

EPS growth (FY2026→FY2027)49.28%

Revenue growth (FY2026)14.77%

Street view

Price target (mean)$162.15*

Target upside25.16%

Ratings (buy / hold / sell)23 / 1 / 1

FY2026 EPS revisions, 30d (up / down)16 / 5

5-year history

Dashed line: average of month-end values

P/E (TTM)

P/S (TTM)

P/B

FCF yield (TTM)

period to 30 Jun 2026, filed 16 Jul 2026, close 7 Aug 2026

Discounted cash flow

Ten projected years plus a perpetuity, prefilled from filings — a model to argue with, never a fair-value claim.

Free cash flow, last ten years and TTM

10Y CAGR -2.35%

Assumptions

Growth rate, years 1–10%

Perpetual growth%Discount rate%

Base FCF$M

As filed — not assumptions

Current price$129.56

Cash & equivalents$10.17B

Total debt$26.46B

Shares outstanding324.58M

Result

DCF price per share$50.07

Current price$129.56

Margin of safety-61.35%

PV of years 1–10$15.24B

PV of terminal value$17.31B

Equity value$16.25B

Market-implied growth+5.16%

Projected FCF, years 1–10

Hover for PV and growth

Projection detail

Override growth for any year; blank years use the uniform rate

Year	2026	2027	2028	2029	2030	2031	2032	2033	2034	2035	Terminal
Growth, %											2.5
FCF	$2.48B	$2.43B	$2.37B	$2.31B	$2.26B	$2.21B	$2.15B	$2.10B	$2.05B	$2.01B	$37.38B
PV	$2.30B	$2.08B	$1.88B	$1.70B	$1.54B	$1.39B	$1.26B	$1.14B	$1.03B	$928.97M	$17.31B

period to 30 Jun 2026, filed 16 Jul 2026, close 7 Aug 2026