Added to YB: 2025-12-05
Pitch date: 2025-10-06
UP [bearish]
Wheels Up Experience Inc.
+81.2%
current return
Author Info
No bio for this author
Company Info
Wheels Up Experience Inc. provides on-demand private aviation services in the United States and internationally.
Market Cap
$187.1M
Pitch Price
$42.40
Price Target
N/A
Dividend
N/A
EV/EBITDA
-5.30
P/E
-0.66
EV/Sales
0.92
Sector
Passenger Airlines
Category
special_situation
Wheels Up Experience Inc. - $UP (short)
UP (short): Insolvent private jet operator losing market share to better-capitalized NetJets/FlexJets. $100M+ EBITDA losses vs FlexJets' $425M profit. Running out of liquidity by mid-2025, forcing dilutive equity raises. $770M actual debt (50% higher than reported). Insider lockups expire Jan 2026. Trading at 2021 SPAC valuation despite shattered profitability hopes. Target: $0.
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