5 Best Airline Stocks to Buy According to Analysts

In this article, we will take a look at the 5 best airline stocks to buy according to analysts. To read our analysis of the recent market activity, you can go to the 11 Best Airline Stocks to Buy According to Analysts.

5. United Airlines Holdings, Inc. (NYSE:UAL)

Average Analyst Price Target as of February 20: $63.35

Upside Potential as of February 20: 45.77%

Number of Hedge Fund Holders: 43

Chicago, Illinois-based United Airlines Holdings, Inc. (NYSE:UAL) is a leading airline that transports people and cargo throughout North America and destinations in Asia, Europe, Africa, the Pacific, the Middle East, and Latin America. It provides freight and mail services to commercial businesses, freight forwarder and logistic firms as well as the United States Postal Service.

On November 15, United Airlines Holdings, Inc. (NYSE:UAL) and the Houston Airport System announced an investment in United’s hub at George Bush Intercontinental Airport (IAH) with United’s Terminal B Transformation Program. The program encompasses the construction of 40 new gates for both domestic and international travel, with $1.9 billion expected to be invested by the airline and $624 expected to be funded by the City of Houston.

On January 22, United Airlines Holdings, Inc. (NYSE:UAL) released its financial results for Q4 2023 which surpassed consensus estimates with operating revenues of $13.6 billion, up 10% y-o-y, and a net income of $0.6 billion. Its normalized EPS of $2.00 surpassed consensus estimates by $0.30.