JetBlue Airways Corporation (NASDAQ:JBLU – Get Free Report) has been assigned a consensus recommendation of “Reduce” from the thirteen analysts that are currently covering the stock, Marketbeat.com reports. Six investment analysts have rated the stock with a sell rating, six have assigned a hold rating and one has issued a strong buy rating on the company. The average 12-month price objective among brokers that have issued a report on the stock in the last year is $5.31.
JBLU has been the topic of a number of research analyst reports. Seaport Research Partners raised shares of JetBlue Airways from a “neutral” rating to a “buy” rating and set a $8.00 target price on the stock in a report on Thursday, April 16th. Weiss Ratings reiterated a “sell (d-)” rating on shares of JetBlue Airways in a report on Tuesday, April 21st. Citigroup boosted their price target on JetBlue Airways from $4.40 to $6.60 and gave the stock a “neutral” rating in a research report on Friday, June 26th. Wall Street Zen upgraded JetBlue Airways from a “strong sell” rating to a “sell” rating in a research note on Saturday, May 23rd. Finally, UBS Group upped their price objective on JetBlue Airways from $4.00 to $4.50 and gave the company a “sell” rating in a research note on Tuesday, June 23rd.
Get Our Latest Research Report on JBLU
Key Stories Impacting JetBlue Airways
- Positive Sentiment: JetBlue launched its largest-ever schedule expansion at Fort Lauderdale-Hollywood International Airport, adding eight new nonstop routes now and six more coming soon, which strengthens its South Florida presence and could support revenue growth. JetBlue Launches Largest-Ever Fort Lauderdale Schedule, Reinforcing Long-Term Commitment to South Florida
- Positive Sentiment: Zacks Research raised earnings estimates across multiple periods, including FY2026, FY2027, FY2028 and several quarterly forecasts, signaling improving longer-term profitability expectations for JBLU. JetBlue Airways stock research and earnings estimates
- Neutral Sentiment: A report asking whether JetBlue is “fully valued” after attention on New York terminal plans may be adding some caution, but it does not appear to be a direct business catalyst. Is JetBlue Airways (JBLU) Fully Valued As New York Terminal Plans Draw Attention?
- Neutral Sentiment: Short-interest data showed no current short interest and no meaningful change, so it does not appear to be a factor driving the stock today.
- Negative Sentiment: JetBlue still faces pressure from weak profitability, with analysts expecting losses in the near term and the company previously missing earnings estimates, which can cap enthusiasm for the shares.
Insider Buying and Selling
In related news, Director Vivek Sharma sold 32,000 shares of the stock in a transaction on Thursday, May 28th. The stock was sold at an average price of $5.41, for a total value of $173,120.00. Following the sale, the director owned 35,479 shares in the company, valued at approximately $191,941.39. This represents a 47.42% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, Director Thomas Winkelmann sold 35,473 shares of the firm’s stock in a transaction on Friday, May 1st. The shares were sold at an average price of $4.70, for a total value of $166,723.10. Following the sale, the director directly owned 13,379 shares of the company’s stock, valued at $62,881.30. This represents a 72.61% decrease in their position. The SEC filing for this sale provides additional information. 2.41% of the stock is currently owned by insiders.
Institutional Trading of JetBlue Airways
Several hedge funds and other institutional investors have recently modified their holdings of the stock. Goldman Sachs Group Inc. raised its holdings in JetBlue Airways by 85.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 12,124,292 shares of the transportation company’s stock valued at $55,166,000 after acquiring an additional 5,591,470 shares during the period. U S Global Investors Inc. boosted its holdings in shares of JetBlue Airways by 17.2% during the first quarter. U S Global Investors Inc. now owns 5,542,536 shares of the transportation company’s stock worth $24,498,000 after acquiring an additional 813,782 shares during the period. Par Capital Management Inc. boosted its holdings in shares of JetBlue Airways by 105.3% during the second quarter. Par Capital Management Inc. now owns 5,487,425 shares of the transportation company’s stock worth $23,212,000 after acquiring an additional 2,814,870 shares during the period. Invesco Ltd. grew its position in shares of JetBlue Airways by 10.1% in the second quarter. Invesco Ltd. now owns 4,513,312 shares of the transportation company’s stock valued at $19,091,000 after purchasing an additional 412,921 shares during the last quarter. Finally, Deutsche Bank AG increased its stake in shares of JetBlue Airways by 1,157.9% during the fourth quarter. Deutsche Bank AG now owns 3,356,021 shares of the transportation company’s stock worth $15,270,000 after purchasing an additional 3,089,226 shares during the period. Institutional investors own 83.71% of the company’s stock.
JetBlue Airways Stock Down 2.7%
Shares of NASDAQ:JBLU traded down $0.16 during midday trading on Friday, hitting $5.76. The stock had a trading volume of 18,248,087 shares, compared to its average volume of 26,373,494. JetBlue Airways has a 12 month low of $3.87 and a 12 month high of $6.50. The company has a quick ratio of 0.64, a current ratio of 0.70 and a debt-to-equity ratio of 4.25. The business’s 50-day simple moving average is $5.24 and its 200-day simple moving average is $5.11. The company has a market cap of $2.14 billion, a P/E ratio of -2.97 and a beta of 1.73.
JetBlue Airways (NASDAQ:JBLU – Get Free Report) last issued its earnings results on Tuesday, April 28th. The transportation company reported ($0.87) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.15). The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.24 billion. JetBlue Airways had a negative return on equity of 32.76% and a negative net margin of 7.78%.JetBlue Airways’s quarterly revenue was up 4.7% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.59) earnings per share. On average, sell-side analysts forecast that JetBlue Airways will post -2.45 earnings per share for the current fiscal year.
JetBlue Airways Company Profile
JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.
The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.
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