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Wheels Up Experience Inc

Wheels Up Experience Inc

UP
$3.70USD↓-5.37%-0.21 today

MARKET CAP

134.2M

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$4 – $4

52W RANGE

$4
$54

AI Summary

Stalk
TrimMedium

In an early Stage 1 consolidation following a prolonged decline, price is holding above the repaired 9/21 EMA zone but lacks a clear breakout. Medium-term bias remains bearish as the base is still fragile without higher highs. Short-term timing is neutral amid narrow-range behavior and overbought context. Speculative strategy calls for patient selectivity, waiting for a decisive break of the consolidation—either a breakdown to engage on the downside or a robust breakout to reconsider bullish upside.

  • ↑Completed 99% of flights and achieved 87% on-time rate.
  • ↑Charter transaction value up 30% sequentially and 25% YoY.
  • ↓Q2 revenue $196 M flat after seven quarters of declines.
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The case for & against

Bull & Bear analysis

Bearish

Wheels Up Experience Inc. (NYSE: UP) operates as a prominent player in the private aviation sector, offering flexible travel solutions through on-demand charter services and membership models. Backed by a strategic partnership with Delta Airlines, Wheels Up aims to integrate both private and commercial aviation offerings, catering primarily to leisure and corporate clients. The company is currently undergoing significant restructuring in response to previous operational challenges while actively transitioning to a model prioritizing profitability.

Bull says

  • ↑Completed 99% of flights and achieved 87% on-time rate.
  • ↑Charter transaction value up 30% sequentially and 25% YoY.
  • ↑Corporate flying exceeds 25% of FTV via Delta partnership.
  • ↑Liquidity of $261 M plus $332 M revolving credit for fleet modernization.
  • ↑Adjusted contribution margin at 14.8%, highest since IPO.
  • ↑Targets positive adjusted EBITDA in 2025 amid profitable charter focus.

Bear says

  • ↓Q2 revenue $196 M flat after seven quarters of declines.
  • ↓Net loss of $58 M in Q3, improving but still negative.
  • ↓Deeply negative earnings yield and profitability metrics risk value.
  • ↓Volatile shares with high price swings and low stability score.
  • ↓Elevated leverage raises debt servicing risks if cash flow lags.
  • ↓Declining memberships risk revenue if corporate demand plateaus.

Investment themes with UP

Travel & Leisure↑ +0.27%

Consumer travel services and hospitality experiences

BKNG · ABNB · RCL
Weak Balance Sheets + -ve QS Score↑ +0.38%

Companies with weak finances and negative quality score

UP · RDFN · BBAI

Earnings Call · Q3 2023 · Mgmt. Guidance

Updated 08-04-2026bullish

Transcript signals

Bull points

  • In October, I eagerly took this role for one simple reason, to position Wheels Up as the best run global private aviation company in the world that provides unmatched flexibility and accessibility to its customers.
  • we expect to build and deliver an even more compelling and distinctive value proposition and to do so profitably.
  • On October 31st, we launched our new Up for Business corporate program focused on Delta's 45,000 small and medium-sized enterprise or SME customers.

Bear points

  • Over the last couple of years, operational performance was challenged, exacerbated by the pandemic-driven demand spike.
  • Flight revenue was down 9% sequentially and 23% year-over-year, reflecting a slowdown in industry volumes as well as company-specific market-related concerns of our financial position prior to the capital infusion from Delta and our new investors.
  • GAAP net loss was 144.8 million, including a 56.2 million non-cash charge for the impairment of goodwill.
Read full transcript analysis ›