Bernstein Reiterates Buy Rating on United Airlines (UAL) Stock

Core Viewpoint - United Airlines Holdings, Inc. (NASDAQ:UAL) is identified as an extreme value stock with significant upside potential, supported by multiple analysts' Buy ratings and price targets indicating substantial growth from current levels [1][2]. Analyst Ratings and Price Targets - Bernstein analyst David Vernon reiterated a Buy rating on United Airlines with a price target of $136, suggesting a 52% upside from current levels, which aligns with a median Wall Street analyst estimate of 57% based on 28 analysts [1]. - Jefferies also maintained a Buy rating on United Airlines, with a price target of $148, although it was previously adjusted down from $154 [2]. Financial Performance Insights - Jefferies noted that United Airlines' Q1 results are trending towards the upper end of its adjusted EPS guidance range of $1.00 to $1.50, driven by strong demand, particularly in economy class [3]. - However, Jefferies lowered its full-year 2025 EPS estimate to $13.65 due to increased fuel costs [3]. Company Overview - United Airlines operates as an air transportation services provider, offering services across various regions including the Pacific, United States, Latin America, Atlantic, and Canada. The company transports both cargo and passengers and provides additional services such as frequent flyer award redemptions, ground handling, flight academy, and maintenance [4].