Wheels Up Experience Inc (UP)
NYSEIndustrialsAirlines, Airports & Air ServicesSnapshot 2026-11-05
$2.86-6.84%
Close 2026-11-05 · 1-day change
NYSEIndustrialsAirlines, Airports & Air ServicesSnapshot 2026-11-05
QuarterlyIQ Insights · UP
What must go right, what could break, what the price assumes, and what evidence comes next.
The current health of the standing investment case.
Recent financial performance sits well below its industry cohort — worth keeping an eye on, though it has not freshly broken.
One-year growth currently built into the price, compared with our model's estimate.
| Measure | Marker shape | Value |
|---|---|---|
| Growth built into the price | circle | -89.8% |
| Our one-year growth estimate | diamond | -20.2% |
For each item: what to watch, what would become a concern, and what would make it less concerning.
A reporting-risk estimate, not a forecast of the stock-price response.
Historical relationships that met the evidence threshold. They do not prove cause or forecast a move.
Usually moved in the same direction.
Price observations: 365 days
Most sensitive to the broad stock market.
Based on historical daily prices through 2026-11-05.
Past price behavior in dollars on a $10,000 position. This does not measure permanent business risk.
How much price usually moves either way.
Use the underlying financial and sector pages to investigate the cause.
Not investment advice. Scores describe historical and current data; they are not forecasts of future returns. Consult a licensed advisor before making investment decisions.
Growth built into the price is above our model estimate.
The price assumes 69.6 percentage points less one-year growth.
The one-year revenue growth assumption on Valuation.
Model as of 2026-11-05 · Compared with 9 industry peers · Company calendar date is not available
UP — credit agreement
Dated 2026-11-05
Entry into a Material Definitive Agreement. Additional Revolving Credit Facility Provided by Delta As previously disclosed, Wheels Up Experience Inc. (the “Company” or “Wheels Up”) is party to a Credit Agreement, dated as of September 20, 2023 (as previously amended prior to the Credit Agreement Amendment (as defined below), the “Existing 2023 Credit Agreement”), by and among the Company, as borrower, certain subsidiaries of the Company, as guarantors (collectively with the Company, the “Loan…
Why it matters: Q2 losses improved as the newer fleet flew more hours. Continued gains would show the fleet shift is helping results.
Supportive ifQ3 adjusted EBITDAR loss is smaller than the $19.9 million loss in Q2 2026.
Worry ifQ3 adjusted EBITDAR loss is $19.9 million or larger.
Why it matters: Cash used in operations rose sharply in the first half. A smaller outflow would ease pressure on funding needs.
Supportive ifQ3 cash used in operations is below the $191.3 million outflow reported for the first half of 2026.
Worry ifQ3 cash used in operations exceeds the first-half $191.3 million outflow.
Why it matters: Q2 bookings fell as sales teams faced process and tech issues. A rebound would show those problems are easing.
Supportive ifQ3 total gross bookings rise year over year, with private jet bookings no longer down 8% or more.
Worry ifQ3 total gross bookings fall year over year and private jet bookings remain down 8% or more.
Why it matters: Wheels Up says BrokerOS will replace older booking systems. Better booking results would support its plan to fix sales delays.
Supportive ifA company update links the BrokerOS launch to more charter bookings or faster bookings.
Worry ifThe company reports a BrokerOS delay. Or it reports no rise in charter bookings after launch.
We watch for confirming and disproving signals on each item. Resolutions are found automatically where possible and checked by hand for unclear cases. Last 90 days shown.
A larger daily loss that occurred about once in every 20 trading days.
Deepest peak-to-trough drop in the last year.
| Measure | Value | Meaning |
|---|---|---|
| Typical day | ±$285 on $10,000 · ±2.9% | How much price usually moves either way. |
| Bad day | $1,075 loss on $10,000 · 10.8% | A larger daily loss that occurred about once in every 20 trading days. |
| Largest peak-to-trough drop in the past year | $8,993 loss on $10,000 · 89.9% | Deepest peak-to-trough drop in the last year. |
Past year. 1.00 means similar movement; 1.20 means about 20% more.
Past year. 1.00 means similar movement to the sector. This is secondary context.
Latest 30 trading days, shown as an annual percentage.
Latest 252 trading days, shown as an annual percentage.
20-trading-day average in US dollars.
Trading days used by the source risk snapshot.
Past results, not a forecast. Not investment advice.
Why it matters: The company targets at least $70 million in yearly cash savings. Lower costs can help offset weak bookings and ongoing losses.
Supportive ifA company update reports at least $70 million in yearly cash savings. Reported results also show lower cash costs.
Worry ifThe company reports savings below $70 million a year, or cash costs rise from recent levels.