WHEELS UP EXPERIENCE INC CLASS A (UP)
Industrials · On-demand private aviation and charter services · NYSE
Wheels Up is a global on-demand private aviation platform offering membership programs and charter solutions backed by a diverse fleet of controlled aircraft and safety-vetted operators.
What WHEELS UP EXPERIENCE INC CLASS A does
Wheels Up operates a platform for on-demand private aviation, delivering flights through a combination of membership programs and charter solutions. The company generates revenue primarily from member and customer flights, membership fees, and charter operations, supported by its own controlled aircraft fleet and a network of third-party charter operators. The company is undergoing a fleet modernization strategy, scaling mid-cabin aircraft like the Bombardier Challenger 300 and Embraer Phenom 300 while managing legacy aircraft fleets. A partnership with Delta Air Lines integrates private aviation access with premium commercial travel benefits.
Themes: on-demand private aviation, aircraft fleet management, membership-based travel services, charter operations, fleet modernization, premium travel experiences
Fundamentals
- Price$4.95 as of 2026-08-21 close
- Market cap$180M as of 2026-08-21
- 1-year return-87.7% 2025-08-21 close $40.40 → 2026-08-21 close $4.95
- P/En/a negative earnings
- Net margin-38.2% as of 2026-08-24
- Gross margin+8.8% as of 2026-08-24
- ROE-755.1% as of 2026-08-24
- Debt / equity261.80 as of 2026-08-24
- Revenue growth (YoY)-5.8% as of 2026-08-24
- Revenue CAGR (3y)-22.5% SEC XBRL
- Beta2.26 as of 2026-08-24
- Last reported earnings2026-08-04 SEC EDGAR Form 8-K (Item 2.02)
How UP compares in its sector
- net profit marginbottom 10% 457 covered Industrials peers, as of 2026-08-24
- operating marginbottom 10% 457 covered Industrials peers, as of 2026-08-24
- gross marginbottom 10% 455 covered Industrials peers, as of 2026-08-24
- return on equitybottom 10% 460 covered Industrials peers, as of 2026-08-24
- 3-year revenue CAGRbottom 10% 426 covered Industrials peers
- free cash flow (absolute dollars, latest fiscal year)bottom 10% 414 covered Industrials peers, as of FY2025
Position among covered Industrials companies that report each metric (minimum 5 peers). A relative position within our covered catalog — not a valuation, quality, or investment judgment. A higher percentile is simply a higher value (for P/E, more expensive on earnings — never "better"). Informational only.
How WHEELS UP EXPERIENCE INC CLASS A looks technically
WHEELS UP EXPERIENCE INC CLASS A (UP) is trading 54.8% below its 200-day average, the long-term trend line — a long-term downtrend. Its 50-day average crossed below its 200-day average about 180 trading days ago — a "death cross", a bearish long-term signal. A trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend). Momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 36, neither overbought (above 70) nor oversold (below 30). MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive). It made a new 20-day low about 4 trading days ago. It is 92.9% below its highest point of the past year.
Trend
7
| Distance from the 200-day | it is trading 54.8% below its 200-day average, the long-term trend line — a long-term downtrend | -54.8% |
|---|---|---|
| 50-day moving average | its average price over the last 50 trading days — a short-term trend line — is $6.66 | $6.66 |
| 200-day moving average | its average price over the last 200 trading days — the long-term trend line — is $10.94 | $10.94 |
| Swing structure | its recent peaks and dips disagree — one of them is rising while the other is not, so there is no clean up or down pattern in the swings | mixed — one of the two is not confirming |
| Last swing turn | its last significant turn was a swing low 7 calendar days ago — the swings before that are what the structure reading is measured on | 7 sessions |
| Since the 50/200 cross | its 50-day average crossed below its 200-day average about 180 trading days ago — a "death cross", a bearish long-term signal | 180 sessions |
| Trend strength (14-day ADX) | a trend is forming but not yet strong — ADX, a 0–100 trend-strength gauge, is 22 (a reading of 25+ marks a strong trend) | 22.2 |
Momentum
3
| 14-day RSI | momentum is neutral — its 14-day RSI (a 0–100 momentum gauge) is 36, neither overbought (above 70) nor oversold (below 30) | 35.9 |
|---|---|---|
| Position in its 14-day range | it is trading near the bottom of its 14-day range ($4.76 to $6.21) — its "stochastic" reading is 13 out of 100, where 0 would mean closing exactly at the 14-session low and 100 exactly at the high. This measures WHERE the price sits inside its recent range, which is a different question from the RSI beside it: RSI is a momentum gauge, measuring how FAST the price has been moving, so a stock can drift quietly to the bottom of its range with an ordinary RSI, or fall sharply and still sit in the middle. It has been slipping within that range over the last few sessions. | 13.1 |
| Since the MACD crossed zero | MACD, a trend-momentum gauge, turned bullish about 3 trading days ago (its momentum flipped positive) | 3 sessions |
Range
12
| 52-week high | its highest closing price over the past year (about 252 trading days) was $70.00 | $70.00 |
|---|---|---|
| From the 52-week high | it is 92.9% below its 52-week high (its highest price of the past year) | -92.9% |
| Above the 52-week low | it is 5.5% above its 52-week low (its lowest price of the past year) | +5.5% |
| Below the 52-week high | it is 92.9% below its highest point of the past year | 92.9% |
| Since a 20-day breakout | it made a new 20-day low about 4 trading days ago | 4 sessions |
| Since a 55-day breakout | it made a new 55-day low about 4 trading days ago | 4 sessions |
| All-time high | its highest closing price on record is $3000.00 (set on 2021-07-14) | $3000.00 |
| Given back of the 52-week move | over the past year its closes ranged ($4.83 to $66.00), and it has recovered essentially none of its fall from last year’s high — 0% of it. Chart-watchers call 61.8%-65% given back the "golden pocket" — for this company that is $42.63 to $44.59. It is watched widely enough that orders cluster there, which is the honest reason it matters; it is not a forecast. | 0.2% |
| From the all-time high | it is 99.8% below its all-time high | -99.8% |
| Nearest price level | it is trading 4.6% above a support level at $4.72 — a price it turned at three times since 2026-04-30, most recently on 2026-08-14. Since 2024-08-21 it has 1 such level below the current price and 12 above. Levels like these describe where the price has reversed or paused before; they are not a forecast of where it will go. | -4.6% |
| All-time low | its lowest closing price on record is $4.69 (set on 2026-04-30) | $4.69 |
| Above the all-time low | it is 5.5% above its all-time low | +5.5% |
Volatility
5
| Band width vs its own 6 months | day-to-day price swings are narrower than usual versus its own recent 6-month history (tighter than about 79% of it) | 21st percentile |
|---|---|---|
| Typical daily range | in a typical session it travels about $0.428 between its high and its low — about 8.7% of its price. That is its "average true range" over the last 14 sessions, which also counts the distance from the previous close, so a day that opens well away from yesterday counts as the large move it was | $0.428 |
| Bollinger bands (20-day, ±2σ) | most of its recent trading has stayed between about $4.62 and $6.21 — the "Bollinger bands", a range drawn two standard deviations either side of its 20-day average price, which widens when the stock gets more volatile and narrows when it settles | $4.62 – $5.41 – $6.21 |
| Typical daily range (% of price) | its price moves about 8.7% in a typical session — among the most volatile in the catalog. This is the average gap between a session's high and low over the last 14 sessions, counting overnight moves, expressed against the current price so it can be compared with companies trading at any price | 8.7% |
| Stretch from the 200-day average | it is trading 14.0 daily ranges below its 200-day average price (54.8% below it in plain percentage terms) — a way of asking how far it has stretched from its own average in units of how far it normally moves in a day, so a calm company and a jumpy one can be compared on the same scale | 14.0 daily ranges below its 200-day average |
Volume
1
| Volume vs its 30-day average | trading volume is about normal versus its 30-day average | 0.69× |
|---|
Candlestick patterns
2
| Since a doji | today it opened and closed at almost the same price after trading through a wider range — a "doji", the classic picture of buyers and sellers finishing the session level | today |
|---|---|---|
| Since a hammer | 8 sessions ago, after a stretch of decline, it sold off hard during the session and then closed back near its high — a "hammer", the long lower wick showing the drop was bought back before the close | 8 sessions ago |
Price gaps
3
| Gap at the open | it opened on 2026-08-21 0.8% above the previous session's close — an overnight gap, the part of the move that happened while the market was shut, and traded back through that level before the close | +0.8% |
|---|---|---|
| Open gap | it gapped 3.1% below the previous close 1 session ago and has not traded back through the level it left behind at 5.12 — an "unfilled gap", which describes a price range no trade has since crossed and is not a forecast that it will be crossed | -3.1% |
| Gap filled | a 2.3% gap up opened on 2026-08-03 has been "filled" 14 sessions ago — price traded back through the level the gap left behind, and it closed again during the very session that opened it | 14 sessions ago |
Price streaks
1
| Closing streak | it closed higher in its latest session, after a session that did not close higher — a single up day rather than a run | 1 session up |
|---|
Relative strength
4
| vs market, 1 month | over the past 1 month this stock lagged the market by 25.6 percentage points (the stock lost 23.3% while the market gained 2.3%) | -25.6% |
|---|---|---|
| vs market, 3 months | over the past 3 months this stock lagged the market by 41.0 percentage points (the stock lost 37.9% while the market gained 3.1%) | -41.0% |
| vs market, 6 months | over the past 6 months this stock lagged the market by 70.8 percentage points (the stock lost 59.7% while the market gained 11.1%) | -70.8% |
| vs market, 12 months | over the past 12 months this stock lagged the market by 108.2 percentage points (the stock lost 87.7% while the market gained 20.5%) | -108.2% |
Signal agreement
2
| Bullish technical signals | 2 of the 9 technical signals we can compute for it are currently in a bullish state: MACD momentum is positive, near the bottom of its 14-day range (oversold) — these describe past price behaviour, not a forecast | 2 of 9 |
|---|---|---|
| Bearish technical signals | 4 of the 9 technical signals we can compute for it are currently in a bearish state: a "death cross" — its 50-day average is below its 200-day, trading below its 200-day average, lagging the market over 6 months, trading below the Ichimoku cloud — these describe past price behaviour, not a forecast | 4 of 9 |
Trend (Ichimoku cloud)
1
| Vs the Ichimoku cloud | trading 33% below the Ichimoku cloud — a band drawn from where its own highs and lows sat up to 2026-07-15 and projected forward over today's price, the side traders read as an established downtrend, with the band above acting as the level that would have to be cleared. The band itself is thick, spanning 11.1% of the share price, which is taken to mean a barrier that has held for a while and takes effort to cross. | -33.0% |
|---|
Volume-weighted price
1
| Vs this year’s average price paid | the price is 57% below the average price paid so far this year, so the typical buyer over that stretch is under water. That average is $11.53 — a volume-weighted average of daily closes over 159 sessions, not a true tick-by-tick VWAP. | -57.1% |
|---|
Price levels it has turned at before
UP last closed at $4.95 on 2026-08-21. Since 2024-08-21 it has turned at 1 price below its last close and 12 above; the nearest below and the 3 nearest above are listed, nearest first.
| Level | Side | Distance | Evidence |
|---|---|---|---|
| $4.72 | Support | 4.6% below the last close | turned there three times · 2026-04-30 to 2026-08-14 |
| $6.76 | Resistance | 36.6% above the last close | turned there twice · 2026-05-07 to 2026-06-09 |
| $9.91 | Resistance | 100.1% above the last close | turned there twice · 2026-03-09 to 2026-06-01 |
| $10.97 | Resistance | 121.6% above the last close | turned there twice · 2026-02-23 to 2026-04-13 |
A level is a price this company reversed or paused at more than once — they describe past behaviour, not a forecast of where the price will go.
Wave structure
No Elliott-wave labelling currently fits its swings: the recent highs and lows do not satisfy the three rules a five-wave count has to obey, so there is no count to show rather than a count we are unsure about.
Read from daily closes as of 2026-08-21.
An Elliott-wave count describes the swings already printed and the level that would disprove it. It is not a forecast, a target, or advice.
Screens: Trading below the 200-day moving average · Pulled back from the 12-month high · MACD just crossed bullish (12/26/9) · lagging the market · Printed a doji candle · Most volatile (6%+ typical daily range) | Learn: moving average · golden cross · adx · rsi · macd · breakout · fifty two week high low
Based on daily closing prices as of 2026-08-21. Describes past price behavior only — informational, not financial advice.
Key risks (from latest filing)
["Significant cash burn and unprofitability (-38.17% net margin) with ongoing business transformation requiring execution of fleet modernization and cost reduction initiatives to achieve profitability","Revenue decline (down 5.78% YoY) and weak stock performance (-69.96% 1y return) reflecting challenging private aviation market conditions and execution risks","Dependence on debt financing and ability to service indebtedness while managing the transition from legacy to premium aircraft fleets and maintaining liquidity"]
What changed in the latest 10-Q
AI-assisted comparison of UP's 10-Q filed 2026-05-11 against the prior one filed 2025-11-05.
Management's Discussion & Analysis (MD&A)
- Added:
- Newer filing (2026-05-11) adds 'Recent Developments' section describing commitment letter for $100 million unsecured term loan dated May 10, 2026, with expected closing in Q2 2026, to be provided by existing lenders, Delta, Cox Investment Holdings LLC, and CK Wheels LLC
- Newer filing describes anticipated use of $100 million proceeds for working capital, general corporate purposes, transaction costs, and conforming amendments to Credit Agreement
- Newer filing (2026-05-11) adds details on Q1 2026 announcement of unification of global private jet sales teams under Wheels Up brand for integrated commercial model
- Newer filing references anticipated run-rate net cost savings from efficiencies in sales, marketing, account management, and service delivery organizations from sales team unification
- Newer filing states cost savings initiatives expected to continue through Q2 2026 with full impact expected in Q3 2026 relative to Q2 2025 baseline
- Removed:
- Older filing (2025-11-05) contains detailed 'Wheels Up Membership' subsection describing legacy membership programs and on-ramp to Signature Membership; this subsection structure is not present in newer filing
- Older filing contains 'Charter Up' subsection with detailed charter solutions description; this subsection is consolidated/condensed in newer filing
- Older filing (2025-11-05) contains detailed 'Our Fleet Modernization Strategy & Progress Update' subsection with specific fleet transition goals and November 2024/April 2025 aircraft introduction dates; newer filing truncates before this section
- Older filing (2025-11-05) contains detailed table of controlled aircraft fleet as of September 30, 2025, showing ownership breakdown by aircraft category; newer filing does not include fleet table
- Reworded:
- Newer filing (2026-05-11) describes Wheels Up as 'leading provider of global on-demand private aviation' versus older filing's 'leading provider of on-demand private aviation in the U.S. and one of the largest companies in the industry'
- Newer filing states offering delivered through 'charter solutions and membership program' versus older filing's 'charter and membership programs'
- Newer filing removes phrase 'and one of the largest companies in the industry' present in older filing
- Newer filing updates Annual Report reference from year ended December 31, 2024 (older) to year ended December 31, 2025 (newer)
- Newer filing references Quarterly Report for three months ended March 31, 2026 versus older filing's three months ended September 30, 2025
- Newer filing consolidates separate 'Wheels Up Membership' and 'Charter Up' subsections into single narrative overview paragraph
- Newer filing removes older filing's language about 'legacy aircraft fleets' continuation and on-ramp provisions for existing members
- Newer filing removes older filing's discussion of 'Membership Funds' formerly referred to as 'Prepaid Blocks'
- Newer filing removes older filing's language about 'guaranteed availability and recovery for flights in the Contiguous U.S., within 225 miles of the Canada and Mexico borders, and for select destinations'
- Newer filing updates cost savings estimate timeline from 'August 2025' announcement and 'November 2025' increase to $70 million estimate
- Notes:
- Newer filing text appears truncated at 'In October 2024, we announced our fleet modernization strategy, the goal of' making full section comparison impossible
- Older filing includes detailed fleet table and specific progress metrics that are not present in newer filing due to different quarterly periods (Q3 2025 vs Q1 2026) and possible reorganization of MD&A structure
Risk Factors
- Added:
- New explanatory note regarding reverse stock split approved June 10, 2025, with 1-for-20 reverse stock split ratio effective April 24, 2026 (filed 2026-05-11)
- Statement that reverse stock split reduced authorized shares from 1.5 billion to 75.0 million (filed 2026-05-11)
- Disclosure of cash payment in lieu of fractional shares resulting from reverse stock split (filed 2026-05-11)
- Reference to Note 16 'Subsequent Events' for reverse stock split details and retrospective adjustments (filed 2026-05-11)
- Forward-looking statement regarding potential debt financings and impacts on Common Stock trading (filed 2026-05-11)
- Forward-looking statement regarding 'business transformation, including efforts to scale premium aircraft fleets and dispose of legacy controlled aircraft' (filed 2026-05-11)
- Removed:
- Reference to Annual Report for year ended December 31, 2024 (filed 2025-11-05)
- Forward-looking statement regarding 'fleet modernization strategy' and market for aircraft purchases/sales (filed 2025-11-05)
- Forward-looking statement regarding 'stock repurchases' as potential strategic action (filed 2025-11-05)
- Forward-looking statement regarding 'domestic and foreign hostilities' impacts on business (filed 2026-05-11 version does not include this specific phrasing from older)
- Mezzanine equity section showing 'Executive performance award' of $5,881 (filed 2025-11-05)
- Authorized shares notation of 1,500,000,000 in balance sheet (filed 2025-11-05)
- Reworded:
- Forward-looking statements reference changed from 'Annual Report on Form 10-K for the year ended December 31, 2024' to 'Annual Report on Form 10-K for the year ended December 31, 2025 filed with the U.S. Securities and Exchange Commission on March 10, 2026' (filed 2026-05-11 vs 2025-11-05)
- Forward-looking statement regarding cost reduction changed from 'potential impact of Wheels Up's cost reduction and operational efficiency' to 'efforts to reduce costs, and implement operational efficiency and productivity initiatives' (filed 2026-05-11 vs 2025-11-05)
- Forward-looking statement regarding financial goals changed from 'ability to achieve its financial goals in the future on the most recent schedule' to 'ability to achieve its financial goals on the most recent schedule that it has announced' (filed 2026-05-11 vs 2025-11-05)
- Forward-looking statement regarding general economic impacts added 'tariffs and trade policies' and 'domestic and foreign hostilities, government shutdowns or funding changes' as explicit factors (filed 2026-05-11)
- Forward-looking statement regarding consumer spending changed from 'consumer and business spending decisions' to 'influence consumer and business spending decisions or cost dynamics' (filed 2026-05-11)
- Notes:
- Older filing presented financial data as of September 30, 2025 and December 31, 2024; newer filing presents data as of March 31, 2026 and December 31, 2025, making balance sheet comparisons non-sequential
- All Common Stock amounts in newer filing have been adjusted for 1-for-20 reverse stock split; older filing figures are pre-split
- The condensed consolidated statements of operations presented in older filing cover three and nine months ended September 30, while newer filing excerpt does not include complete income statement data
AI-assisted comparison of two SEC filing sections. It describes wording and theme changes only, makes no materiality, legal, or investment judgement, and is not financial advice. Informational only — not financial advice.
Insider activity (SEC Form 4)
0 open-market purchases and 7 open-market sales by insiders in the last 90 days.
- Last 30 days0 buys · 1 sell ($23577) — 1 selling insider
- Last 90 days0 buys · 7 sells ($339754) — 3 selling insiders
- Last 180 days4 buys ($146206) · 8 sells ($358736) — 1 buying, 3 selling insiders
Activity heuristic: net selling (a transparent product heuristic from the counts above, not a prediction or advice)
Most recent open-market transaction: 2026-08-10. As of 2026-08-24.
View full insider trading history → View SEC Form 3/4/5 filingsAsk about UP's insider activity →
Only open-market purchases (SEC code P) and sales (code S) are counted here. Option exercises, vesting/awards, gifts, and shares withheld for taxes are excluded — they are compensation or mechanical, not open-market conviction. Sales may be planned and non-discretionary (e.g. a Rule 10b5-1 plan) and are not necessarily bearish; open-market buying is not a recommendation to buy. Informational only — not financial advice.
Short interest (FINRA)
UP had 913,003 shares of reported short interest as of the 2026-07-31 FINRA settlement date (delayed, bi-monthly; not real-time).
UP had 2.52% of its shares outstanding sold short as of the 2026-07-31 FINRA settlement date (percent of FLOAT would be higher — float is not disclosed in the source). FINRA reported 11.55 days to cover at the same settlement.
- Reported short interest (shares) 913,003
- Short interest (% of shares outstanding) 2.52%
- Prior settlement (shares) 928,914
- Reported change -1.71%
- Days to cover (reported) 11.55
Reported to FINRA as of the 2026-07-31 settlement date. Short interest is reported to FINRA and published on a delayed, bi-monthly schedule (as of a settlement date, disseminated roughly eight business days later) — it is NOT real-time, does not cover every venue or all US trading, and is not a short-squeeze prediction or investment advice. Days-to-cover is the value FINRA reports; percent of float is not shown because the source file carries no share-count denominator — where a percent appears it is of shares OUTSTANDING, the larger base, and is therefore a floor on percent of float. Informational only — not financial advice.
Competitors & peers
- NetJets
- VistaJet
- XO (formerly XOJet)
- Blade
- Magellan Jets
- Flexjet
AI-enriched competitor set. Linked names are companies covered by stocks-llm; other named peers are shown for reference only.
Frequently asked questions
What does WHEELS UP EXPERIENCE INC CLASS A (UP) do?
Wheels Up operates a platform for on-demand private aviation, delivering flights through a combination of membership programs and charter solutions. The company generates revenue primarily from member and customer flights, membership fees, and charter operations, supported by its own controlled aircraft fleet and a network of third-party charter operators.
What sector is WHEELS UP EXPERIENCE INC CLASS A (UP) in?
WHEELS UP EXPERIENCE INC CLASS A (UP) is classified in the Industrials sector. Its industry is On-demand private aviation and charter services. It trades on NYSE.
Who are WHEELS UP EXPERIENCE INC CLASS A's (UP) competitors?
Notable peers of WHEELS UP EXPERIENCE INC CLASS A (UP) include NetJets, VistaJet, XO (formerly XOJet), Blade and Magellan Jets. This peer set is informational only — not financial advice.
Is WHEELS UP EXPERIENCE INC CLASS A (UP) overbought or oversold right now?
WHEELS UP EXPERIENCE INC CLASS A (UP) is currently neither overbought nor oversold — its 14-day RSI (a 0–100 momentum gauge) is 36, in the neutral middle (as of 2026-08-21). RSI describes recent price momentum, not a forecast — informational only, not financial advice.
Where does stocks-llm's data on UP come from?
Fundamentals and prices come from market data, as of 2026-08-24; company filings and profile facts come from SEC EDGAR. All figures are delayed daily-close data shown with their as-of date — informational only, not financial advice.
Fundamentals: market data, as of 2026-08-24. Filings: SEC EDGAR. Prices are delayed daily-close data.
Last updated 2026-08-21.
Informational only — NOT financial advice. All figures are delayed daily-close data from SEC EDGAR & market data, shown with their as-of date.