UP - Wheels Up Experience Inc. Stock Price, Fair Value and News

2.66USD-0.08 (-2.92%)Market Closed

Market Summary

USD2.66-0.08

Market Closed

-2.92%

UP Stock Price

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UP RSI Chart

UP Valuation

Market Cap

1.9B

Price/Earnings (Trailing)

-3.81

Price/Sales (Trailing)

1.48

EV/EBITDA

-4.73

Price/Free Cashflow

-2.71

UP Price/Sales (Trailing)

UP Profitability

Operating Margin

1.66%

EBT Margin

-38.78%

Return on Equity

-500.41%

Return on Assets

-37.03%

Free Cashflow Yield

-36.95%

UP Fundamentals

UP Revenue

Revenue (TTM)

1.3B

Rev. Growth (Yr)

-39.65%

Rev. Growth (Qtr)

-23.02%

UP Earnings

Earnings (TTM)

-487.4M

Earnings Growth (Yr)

63.93%

Earnings Growth (Qtr)

43.99%

Breaking Down UP Revenue

Last 7 days

-7.6%

Last 30 days

-4.7%

Last 90 days

-20.1%

Trailing 12 Months

-45.1%

How does UP drawdown profile look like?

UP Financial Health

Current Ratio

0.48

Debt/Equity

2.42

Debt/Cashflow

-2.83

UP Investor Care

Shares Dilution (1Y)

573.98%

Diluted EPS (TTM)

-3.98

Historical Charts for Stock Metrics

Get all data in R, Python etc through our Historical Stock Data APIs

Net sales

Year	Q1	Q2	Q3	Q4
2023	1.6B	1.5B	1.4B	1.3B
2022	2.1B	2.2B	2.4B	1.6B
2021	800.5M	951.8M	1.1B	2.0B
2020	462.4M	539.9M	617.5M	695.0M
2019	0	0	0	384.9M
2018	0	0	0	332.1M

Get all data in R, Python etc through our Historical Stock Data APIs

GRUFITY'S FAIR VALUE MODEL

Stocks Marked 'Very Cheap' by Grufity's Fair Value Model Have Outperformed Russell 2000 Index

Small Caps and Mid Caps are mostly overlooked by investors as all the focus goes to Magnificent 7. These stocks that are not part of the beauty contest require a deeper look. However, all large cap stocks were once small caps. Grufity's Fair Value model opens up this unverse as it separates high-performing, rewarding stocks from low-performing risky stocks. <b>Russell 2000 stocks that were marked 'Very Cheap' by the model doubled in three years while the index was flat.</b>

Returns of $10,000 invested in:

Very Cheap Stocks: $21,859
Russell 2000 Index: $10,334
Very Expensive Stocks: $8,224

Russell 2000 stocks considered 'Very Cheap' by the model greatly outperformed Russell 2000 index and the 'Very Expensive' bucket over past three years.

Russell 2000 Index

Very Expensive Stocks

Very Cheap Stocks

Try For Just $1.99

Tracking the Latest Insider Buys and Sells of Wheels Up Experience Inc.

Filter Transactions

Datesorted ascending	Name	Buy/Sell	$ Value	Avg. Price	# Shares	Title
Mar 13, 2024	briffa mark	sold	-14,084	2.52	-5,589	evp, charter & ceo air partner
Mar 13, 2024	heltebran laura	sold	-72,169	2.54	-28,413	chief legal officer
Feb 26, 2024	smith todd lamar	sold (taxes)	-52,830	3.00	-17,610	chief financial officer
Feb 26, 2024	briffa mark	sold (taxes)	-14,871	3.00	-4,957	evp, charter & ceo air partner
Feb 26, 2024	heltebran laura	sold (taxes)	-13,623	3.00	-4,541	chief legal officer
Feb 20, 2024	heltebran laura	sold (taxes)	-8,074	3.42	-2,361	chief legal officer
Jan 22, 2024	moak donald lee	acquired	-	-	63,166	-
Jan 22, 2024	armstrong timothy m	acquired	-	-	92,593	-
Jan 22, 2024	adelman david j.	acquired	-	-	92,593	-
Jan 04, 2024	smith todd lamar	sold (taxes)	-179,388	4.15	-43,226	chief financial officer

Which funds bought or sold UP recently?

View All Details

Datesorted ascending	Fund Name	Type	% Chg	$ Change	$ Held	% Portfolio
Apr 17, 2024	Cannon Global Investment Management, LLC	new	-	144,935	144,935	0.39%
Apr 16, 2024	WEBSTER BANK, N. A.	sold off	-100	-823	-	-%
Apr 16, 2024	Stratos Wealth Partners, LTD.	unchanged	-	-8,548	43,811	-%
Apr 12, 2024	IMC-Chicago, LLC	new	-	214,682	214,682	-%
Apr 12, 2024	Annex Advisory Services, LLC	unchanged	-	-10,344	53,012	-%
Apr 10, 2024	CVA Family Office, LLC	new	-	174,640	174,640	0.03%
Apr 09, 2024	Rise Advisors, LLC	unchanged	-	-33.00	169	-%
Apr 05, 2024	CWM, LLC	sold off	-100	-	-	-%
Mar 11, 2024	VANGUARD GROUP INC	added	504	15,450,400	17,164,900	-%
Mar 01, 2024	GOLDMAN SACHS GROUP INC	sold off	-100	-33,000	-	-%

Are Funds Buying or Selling UP?

Are funds buying UP calls or puts?

Calls

Puts

No. of funds holding Calls - Puts

Net Call Options

No. of funds that own UP

No. of Funds

Unveiling Wheels Up Experience Inc.'s Major ShareHolders

Date Filed	Name of Filer	Percent of Class	No. of Shares	Form Type
Nov 27, 2023	whitebox advisors llc	6.2%	43,028,201	SC 13G
Nov 20, 2023	cox investment holdings, inc.	12.4%	86,056,403	SC 13D/A
Nov 17, 2023	delta air lines, inc.	37.8%	263,369,307	SC 13D/A
Nov 17, 2023	ck wheels llc	37.1%	258,169,208	SC 13D/A
Sep 27, 2023	cox investment holdings, inc.	8.26%	20,187,667	SC 13D
Sep 26, 2023	ck wheels llc	36.3%	60,563,002	SC 13D
Sep 22, 2023	delta air lines, inc.	39.4%	65,763,101	SC 13D/A
Aug 29, 2023	delta air lines, inc.	20.5%	5,200,099	SC 13D/A
Aug 15, 2023	delta air lines, inc.	20.5%	5,200,099	SC 13D/A
May 05, 2023	blackrock inc.	4.5%	11,318,732	SC 13G

Recent SEC filings of Wheels Up Experience Inc.

View All Filings

Date Filed	Form Type	Document
Mar 26, 2024	3	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4	Insider Trading
Mar 15, 2024	4/A	Insider Trading
Mar 13, 2024	144	Notice of Insider Sale Intent
Mar 13, 2024	144	Notice of Insider Sale Intent
Mar 07, 2024	8-K	Current Report
Mar 07, 2024	10-K	Annual Report
Mar 07, 2024	3	Insider Trading
Mar 07, 2024	8-K	Current Report

Peers (Alternatives to Wheels Up Experience Inc.)

Name	Mkt Capsorted ascending	Revenue	Price %, 1M	Returns, 1Y	P/E	P/S	Rev 1-Yr	Inc 1-Yr
LARGE-CAP
BA	103.9B	77.8B	-6.02%	-18.44%	-46.74	1.34	16.79%	54.97%
GD	78.2B	42.3B	2.05%	24.76%	23.59	1.85	7.27%	-2.21%
LHX	38.4B	19.4B	-4.39%	-0.69%	31.32	1.98	13.81%	15.54%
HEI	27.2B	3.2B	3.15%	15.49%	63.94	8.38	38.68%	18.86%
HWM	26.1B	6.6B	-5.43%	46.77%	34.07	3.93	17.25%	63.11%
AXON	22.4B	1.6B	-4.75%	31.35%	128.5	14.32	31.38%	18.41%
HII	10.6B	11.5B	-7.59%	27.30%	15.62	0.93	7.29%	17.62%
MID-CAP
CW	9.5B	2.8B	2.24%	42.21%	26.79	3.34	11.28%	20.44%
BWXT	8.5B	2.5B	-7.48%	46.03%	34.72	3.42	11.80%	3.22%
AVAV	4.1B	705.8M	0.73%	40.03%	-38.63	5.85	44.89%	-1159.76%
SMALL-CAP
DCO	760.3M	757.0M	4.03%	-0.97%	47.73	1	6.24%	-44.67%
SPCE	388.0M	6.8M	-30.71%	-73.13%	-0.77	57.06	194.12%	-0.44%
ISSC	116.5M	37.6M	-11.42%	-1.19%	18.24	3.1	36.42%	25.49%
CODA	67.0M	642.5K	8.21%	-23.87%	28.45	106.77	-97.11%	-47.43%
ASTC	16.2M	2.0M	18.05%	-8.59%	-1.58	8.16	371.33%	-13.01%

Wheels Up Experience Inc. News

Latest updates

Wheels Up Experience Inc. Earnings Report: Key Takeaways & Analysis

Income Statement (Last 12 Months)

Income Statement (Quarterly)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Revenue	-23.0%	246,380,000	320,063,000	335,062,000	351,812,000	408,257,000	420,356,000	425,512,000	325,635,000	1,194,259,000	301,978,000	285,580,000	261,657,000	209,773,000	194,781,000	134,331,000	-	-	-
Cost Of Revenue	-16.3%	250,925,000	299,887,000	327,903,000	353,791,000	395,627,000	403,042,000	408,898,000	332,758,000	1,117,633,000	283,495,000	255,188,000	234,508,000	188,143,000	171,338,000	127,336,000	-	-	-
Costs and Expenses	-30.7%	311,295,000	449,068,000	488,049,000	448,462,000	629,760,000	572,018,000	519,636,000	418,353,000	1,397,537,000	370,550,000	310,376,000	289,325,000	239,071,000	168,655,000	155,645,000	-	-	-
S&GA Expenses	-23.2%	17,328,000	22,548,000	23,149,000	25,803,000	29,349,000	30,830,000	33,688,000	23,243,000	80,071,000	22,157,000	17,895,000	15,794,000	16,231,000	13,655,000	10,277,000	-	-	-
R&D Expenses	-41.8%	11,608,000	19,962,000	14,430,000	15,873,000	14,804,000	16,639,000	14,606,000	11,191,000	33,579,000	8,769,000	8,025,000	7,024,000	5,665,000	6,044,000	4,449,000	-	-	-
EBITDA Margin	18.0%	-0.31	-0.38	-0.36	-0.30	-0.31	-0.18	-0.15	-0.13	-0.10	-0.01	-0.01	-0.01	-0.01	-0.06	-	-	-	-
Interest Expenses	26.3%	14,220,000	11,258,000	7,658,000	8,119,000	7,515,000	-	-	-	9,519,000	782,000	4,164,000	4,557,000	4,862,000	5,614,000	-	-	-	-
Income Taxes	8.1%	626,000	579,000	-16,000	200,000	-335,000	185,000	320,000	-	58,000	-	-	-	-	-	-	-	-	-
Earnings Before Taxes	44.2%	-80,483,000	-144,234,000	-160,609,000	-100,678,000	-225,245,000	-148,653,000	-92,440,000	-89,040,000	-197,172,000	-59,455,000	-28,954,000	-32,213,000	-	20,548,000	-	-	-	-
EBT Margin	13.0%	-0.39	-0.45	-0.42	-0.35	-0.35	-0.22	-0.19	-0.18	-0.16	-0.08	-0.09	-0.11	-0.12	-0.17	-	-	-	-
Net Income	44.0%	-81,115,000	-144,813,000	-160,593,000	-100,866,000	-224,910,000	-148,838,000	-92,760,000	-89,040,000	-190,020,000	-58,485,000	-28,954,000	-32,213,000	-25,711,000	18,909,000	-27,365,000	-44,474,000	-	-
Net Income Margin	12.8%	-0.39	-0.45	-0.42	-0.35	-0.35	-0.22	-0.19	-0.17	-0.15	-0.14	-0.07	-0.08	-0.11	-0.16	-	-	-	-
Free Cashflow	95.3%	-11,647,000	-249,935,000	-212,639,000	-211,232,000	54,132,000	-151,741,000	-29,080,000	-187,559,000	270,355,000	-35,408,000	-36,698,000	-86,993,000	99,361,478	-1,730,800	-	-	-	-

Balance Sheet

(In Millions)

(*) denotes actual numbers (not divided by Millions)
Balance Sheet															(In Millions)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2019Q4
Assets	-0.9%	1,316	1,328	1,386	1,710	1,923	1,748	1,969	1,885	1,981	1,676	1,310	240	1,360	227	528
Current Assets	5.9%	434	410	350	603	820	552	692	733	933	657	270	0.00	396	2.00	128
Cash Equivalents	7.8%	264	245	152	363	586	312	454	540	787	535	161	215	325	104	96.00
Inventory	-14.9%	20.00	24.00	23.00	39.00	29.00	18.00	12.00	10.00	9.00	9.00	8.00	-	5.00	-	1.00
Net PPE	-6.7%	338	362	401	399	395	388	389	380	318	314	317	-	323	-	345
Goodwill	1.6%	218	215	282	350	348	460	528	84.00	437	437	437	-	37.00	-	4.00
Liabilities	2.9%	1,216	1,182	1,373	1,547	1,671	1,300	1,386	1,221	1,245	883	1,044	1,055	1,066	825	584
Current Liabilities	4.4%	908	869	1,071	1,232	1,344	1,194	1,272	1,104	1,135	760	810	4.00	840	-	384
Long Term Debt	-0.2%	235	235	210	220	226	-	-	-	-	0.00	123	-	148	-	195
LT Debt, Current	-4.9%	24.00	25.00	27.00	27.00	27.00	-	-	-	-	0.00	60.00	-	63.00	-	49.00
LT Debt, Non Current	-0.2%	235	235	210	220	226	-	-	-	-	0.00	-	-	148	-	-
Shareholder's Equity	-32.9%	97.00	145	13.00	163	252	447	583	664	736	793	266	293	294	327	-
Retained Earnings	-4.8%	-1,763	-1,682	-1,537	-1,376	-1,275	-1,050	-902	-809	-720	-677	-130	-30.03	-32.70	-0.53	-25.90
Additional Paid-In Capital	1.6%	1,879	1,849	1,564	1,557	1,546	1,522	1,500	1,476	1,451	1,460	-	-	-32.70	6.00	26.00
Shares Outstanding	317.8%	697	167	25.00	25.00	25.00	24.00	24.00	24.00	20.00	19.00	17.00	17.00	16.00	17.00	-
Minority Interest	-	-	-	-	-	-	-	-	3.00	6.00	10.00	-	-	26.00	-	-
Float	-	-	-	21.00	-	-	-	306	-	-	-	-	-	239	-	-

Cashflow (Last 12 Months)

(In Thousands)

(*) denotes actual numbers (not divided by Thousands)
Cashflow (Quarterly)																		(In Thousands)
Description	(%) Q/Q	2023Q4	2023Q3	2023Q2	2023Q1	2022Q4	2022Q3	2022Q2	2022Q1	2021Q4	2021Q3	2021Q2	2021Q1	2020Q4	2020Q3	2020Q2	2020Q1	2019Q4	2018Q4
Cashflow From Operations	98.5%	-3,791	-249,794	-209,218	-202,482	57,652	-148,166	-18,959	-121,216	278,906	-33,505	-34,191	-84,720	101,592	-26.80	-	-	-	-
Share Based Compensation	13.5%	3,983	3,508	6,604	11,538	23,140	22,504	20,781	22,554	19,005	27,906	1,348	1,414	-	-	-	-	-	-
Cashflow From Investing	-88.7%	4,251	37,530	10,124	-11,035	-3,517	9,372	-61,545	-119,552	-30,242	-5,760	-5,587	2,919	-10,124	-225,000	-	-	-	-
Cashflow From Financing	-94.1%	17,783	301,854	-11,931	-6,752	252,133	-658	-582	-6,107	628	403,972	-17,788	-12,786	2,995	226,858	-	-	-	-
Buy Backs	1033.3%	28.00	-3.00	3.00	-	340	658	582	6,107	-	-	-	-	-	-	-	-	-	-

UP Income Statement

2023-12-31

CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($) $ in Thousands	12 Months Ended
	Dec. 31, 2023	Dec. 31, 2022	Dec. 31, 2021
Income Statement [Abstract]
Revenue	$ 1,253,317	$ 1,579,760	$ 1,194,259
Costs and expenses:
Cost of revenue (exclusive of items shown separately below)	1,232,506	1,540,325	1,117,633
Technology and development	61,873	57,240	33,579
Sales and marketing	88,828	117,110	80,071
General and administrative	145,873	183,531	113,331
Depreciation and amortization	58,533	65,936	54,198
Gain on sale of aircraft held for sale	(16,939)	(4,375)	(1,275)
Impairment of goodwill	126,200	180,000	0
Total costs and expenses	1,696,874	2,139,767	1,397,537
Loss from operations	(443,557)	(560,007)	(203,278)
Other income (expense):
Change in fair value of warrant liability	739	9,516	17,951
Loss on divestiture	(2,991)	0	0
Loss on extinguishment of debt	(4,401)	0	(2,379)
Interest income	6,121	3,670	53
Interest expense	(41,255)	(7,515)	(9,519)
Other expense, net	(660)	(1,041)	0
Total other income (expense)	(42,447)	4,630	6,106
Loss before income taxes	(486,004)	(555,377)	(197,172)
Income tax expense	(1,383)	(170)	(58)
Net loss	(487,387)	(555,547)	(197,230)
Less: Net loss attributable to non-controlling interests	0	(387)	(7,210)
Net loss attributable to Wheels Up Experience Inc.	$ (487,387)	$ (555,160)	$ (190,020)
Net loss per share of Common Stock:
Basic (in dollars per share)	$ (3.69)	$ (22.60)	$ (9.28)
Diluted (in dollars per share)	$ (3.69)	$ (22.60)	$ (9.28)
Weighted-average shares of Common Stock outstanding:
Basic (in shares)	132,194,747	24,567,164	20,478,090
Diluted (in shares)	132,194,747	24,567,164	20,478,090

UP Balance Sheet

2023-12-31

CONSOLIDATED BALANCE SHEETS - USD ($) $ in Thousands	Dec. 31, 2023	Dec. 31, 2022
Current assets:
Cash and cash equivalents	$ 263,909	$ 585,881
Accounts receivable, net	38,237	112,383
Other receivables	11,528	5,524
Parts and supplies inventories, net	20,400	29,000
Aircraft inventory	1,862	24,826
Aircraft held for sale	30,496	8,952
Prepaid expenses	55,715	39,715
Other current assets	11,887	13,338
Total current assets	434,034	819,619
Property and equipment, net	337,714	394,559
Operating lease right-of-use assets	68,910	106,735
Goodwill	218,208	348,118
Intangible assets, net	117,766	141,765
Restricted cash	28,916	34,272
Other non-current assets	110,512	78,157
Total assets	1,316,060	1,923,225
Current liabilities:
Current maturities of long-term debt	23,998	27,006
Accounts payable	32,973	43,166
Accrued expenses	102,475	148,947
Deferred revenue, current	723,246	1,075,133
Operating lease liabilities, current	22,869	29,945
Intangible liabilities, current	1,525	2,000
Other current liabilities	416	18,023
Total current liabilities	907,502	1,344,220
Long-term debt, net	235,074	226,234
Deferred revenue, non-current	983	1,742
Operating lease liabilities, non-current	54,956	82,755
Warrant liability	12	751
Intangible liabilities, non-current	10,677	12,083
Other non-current liabilities	6,983	3,520
Total liabilities	1,216,187	1,671,305
Commitments and contingencies (Note 15)
Total mezzanine equity	2,476	0
Stockholders’ equity:
Common stock, $0.0001 par value; 1,500,000,000 authorized; 697,131,838 and 25,198,298 shares issued and 696,856,131 and 24,933,857 common shares outstanding as of as of December 31, 2023 and December 31, 2022, respectively	70	3
Additional paid-in capital	1,879,009	1,545,530
Accumulated deficit	(1,763,260)	(1,275,873)
Accumulated other comprehensive loss	(10,704)	(10,053)
Treasury stock, at cost, 275,707 and 264,441 shares, respectively	(7,718)	(7,687)
Total Wheels Up Experience Inc. stockholders’ equity	97,397	251,920
Non-controlling interests	0	0
Total stockholders’ equity	97,397	251,920
Total liabilities and equity	$ 1,316,060	$ 1,923,225

About Wheels Up Experience Inc.

Wheels Up Experience Inc. provides private aviation services in the United States. The company offers membership programs, charter, aircraft management, whole aircraft sales, and commercial travel services. It also provides freight, safety, and security solutions, as well as managed services. The company serves individuals, industry, government, and civil organizations. It operates a fleet of approximately 1,500 aircraft. The company was founded in 2013 and is headquartered in New York, New York.

CEO	Mr. Todd Lamar Smith
WEBSITE	wheelsup.com
INDUSTRY	Aerospace & Defense
EMPLOYEES	3005

Wheels Up Experience Inc. Frequently Asked Questions

What is the ticker symbol for Wheels Up Experience Inc.? What does UP stand for in stocks?

UP is the stock ticker symbol of Wheels Up Experience Inc.. Every public company that trades on a stock exchange gets a ticker symbol.

What is the market capital of Wheels Up Experience Inc. (UP)?

As of Thu Apr 18 2024, market cap of Wheels Up Experience Inc. is 1.85 Billion. The market capitalization is calculated by multiplying the stock price with the number of shares outstanding.

What is the fair value of UP stock?

You can check UP's fair value in chart for subscribers.

What is the fair value of UP stock?

You can check UP's fair value in chart for subscribers. The fair value of Wheels Up Experience Inc. is provided for various growth and macro-economic scenarios from very pessimiatic to very optimistic assumptions. These fair values are estimates from Grufity's Fair Value model based on company's past performance. However, past performance of Wheels Up Experience Inc. is no guarantee of future performance. These fairvalue estimates should only be used as one of the inputs in your stock analysis. We provide model's historical fair value estimates for UP so that you know how good or bad the model has been in the past so you can discard it if needed. There are others that provide fair values of stocks such as wallmine, finbox, gurufocus and finviz. Most provide point in time estimates. We provide a history of our models fair value estimates so that you can get a sense of it's usefulness. Otherwise this data point is of little use.

Is Wheels Up Experience Inc. a good stock to buy?

The fair value guage provides a quick view whether UP is over valued or under valued. Whether Wheels Up Experience Inc. is cheap or expensive depends on the assumptions which impact Wheels Up Experience Inc.'s fair value. We provide several scenarios of inflation and growth to encompass these range of assumptions for UP.

What is Wheels Up Experience Inc.'s Price to Earnings (PE) and Price to sales (PS) ratio?

As of Thu Apr 18 2024, UP's PE ratio (Price to Earnings) is -3.81 and Price to Sales (PS) ratio is 1.48. The price to earnings and price to sales ratio are two most important valuation metrics for any company. PE ratio tell us the number of years of earnings investors are ready to pay for owning the company. Historically, S&P500 price to earnings ratio has fallen below 12 during periods of gloom and gone past 30 during periods of euphoria. UP PE ratio will change depending on the future growth rate expectations of investors.