Argus Research Cuts United Airlines (UAL) Price Target to $125

On October 22, 2026, Argus Research maintained its Buy rating on United Airlines Holdings, Inc. (NASDAQ:UAL) while adjusting its price target downward. The firm issued its research note on the same day the stock closed at $102.18.

UAL United Airlines Holdings, Inc.

$102 ▼ -9.74% year to date

1M 3M YTD

Daily close · Oct 22, 2026

Argus Research's Call on United Airlines

Argus Research kept a Buy rating on United Airlines while lowering its price target to $125.00 from $140.00. The updated target sits above where shares recently traded around $101.99 as of October 22, 2026, leaving some room between the current market price and the analyst's expectation.

Other Institutional Activity in United Airlines

Primecap Management Company grew its holdings by 710,381 shares, ending with 16,461,630 shares worth about $1,682,131,621. Sanders Capital, LLC reduced its stake by 176,370 shares, leaving it with 15,027,948 shares valued at approximately $1,535,630,829. Capital International Investors trimmed its position by 191,225 shares for a total of 6,247,343 shares worth about $638,384,729.

United Airlines Holdings, Inc. Stock Up 4.3%

United Airlines recently traded around $101.99, which is down about 0.2% from its October 22, 2026 closing price of $102.18. The stock trades below its 50-day moving average of $110.19 and its 200-day moving average of $108.50. Over the past year, shares have moved between a low of $84.64 and a high of $138.77.

Recent Earnings

United Airlines Holdings, Inc. reported trailing-twelve-month revenue of $65,552,998,400 with earnings of $10.92 per share. The company posted a net profit margin of 5.5% and a return on equity of 22.3%. Its next earnings report is scheduled for release on January 26, 2027.

Insider Buying and Selling at United Airlines Holdings, Inc.

President Brett J. Hart sold 30,108 shares on July 28, 2026, at an average price of $120.72 for a total value of $3,634,638. Chief Financial Officer Michael D. Leskinen sold 10,000 shares on August 3, 2026, at $128.19 per share worth $1,281,900. Officer Andrew P. Nocella completed two sales, parting with 3,000 shares on August 4, 2026, at $132.30 and another 5,000 shares on August 25, 2026, at $117.00.

Analysts Set New Price Targets

Susquehanna maintained a Positive rating on October 7, 2026, while moving its target from $165.00 to $150.00. UBS kept a Buy rating on October 16, 2026, lowering its target to $139.00 from $146.00. On October 22, 2026, Wells Fargo maintained an Overweight rating with a target of $155.00 down from $160.00, while Susquehanna updated its target further to $130.00 from $150.00. Across 23 analyst opinions, the stock carries a consensus recommendation key of strong buy with a mean price target of $152.74.

About United Airlines Holdings, Inc.

Based in Chicago, Illinois, United Airlines Holdings, Inc. operates an extensive air transportation network spanning the United States, Canada, the Atlantic, the Pacific, and Latin America. The carrier transports both passengers and cargo using its mainline and regional aircraft fleets. It also provides ground handling, flight academies, frequent flyer non-travel redemptions, and third-party maintenance services.

Bottom Line

Investors tracking United Airlines will want to keep an eye on how the stock performs relative to its moving averages and analyst targets ahead of the next earnings report on January 26, 2027.