Wheels Up Experience Inc. (UP) AI Stock Analysis

Wheels Up Experience Inc. specializes in delivering comprehensive private aviation services primarily within the United States. Founded in 2013 and based in New York, New York, the company operates a fleet of approximately 1,500 aircraft. It offers multi-tiered membership programs providing access to various aircraft cabin categories, alongside on-demand flights, aircraft management, and retail and wholesale charter services. Wheels Up also assists with whole aircraft acquisitions and sales, corporate flight solutions, special missions, and signature events and experiences. In addition, the company provides commercial travel solutions to expand its service reach.

Wheels Up has faced ongoing top-line contraction and persistent profitability challenges. Annual revenue declined from a high of $1.58B in FY2022 to $1.25B in FY2023, $792.1M in FY2024, and $736.5M in FY2025. In FY2025, the company posted a net loss of -$294.2M with a gross margin of 2.2% and an operating margin of -34.3%. Over the trailing twelve months, revenue was $720.2M, accompanied by an operating margin of -31.3% and a net profit margin of -42.0%. For the quarter ended June 30, 2026, quarterly revenue fell 4.0% year-over-year, lagging the 9.1% growth median of its US-listed Industrials peers.

As of June 30, 2026, Wheels Up held $86.3M in cash and short-term investments against $714.4M in total debt, resulting in net debt of $628.1M. Total assets stood at $926.6M, while shareholders' equity was -$560.3M and the current ratio was 0.28. The company consumed cash in operations during FY2025, generating operating cash flow of -$166.3M and free cash flow of -$283.2M. Capital expenditures reached $116.9M in FY2025, while share buybacks totaled $1.6M.

Wheels Up has a market capitalization of $125.5M and an enterprise value of $767.0M. The stock trades at a price-to-sales multiple of 0.2x and an EV-to-revenue ratio of 1.1x, below the median price-to-sales ratio of 1.5x for its US-listed Industrials peers. Wheels Up shares closed at $3.46 on October 16, 2026, down 88.8% over the trailing one-year period and down 99.8% over five years. By comparison, the S&P 500 index generated returns of 16.8% and 83.0% over those respective intervals.

Analysts have established a mean price target of $4.00 for Wheels Up, which represents 15.6% upside over its last closing price of $3.46. The company beat consensus earnings estimates in 3 of the last 4 quarters, even as EPS for the trailing twelve months was -$8.45. The next scheduled earnings report is on November 4, 2026. Institutional investors hold 81.4% of the shares, insiders account for 12.7%, and short interest represents 16.1% of the float.

This page is an AI-written research summary of Wheels Up Experience Inc. (UP). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

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