Zacks Research Boosts Earnings Estimates for JetBlue Airways

JetBlue Airways Co. (NASDAQ:JBLU) – Zacks Research upped their Q2 2026 EPS estimates for JetBlue Airways in a report released on Tuesday, November 12th. Zacks Research analyst M. Basu now forecasts that the transportation company will earn $0.18 per share for the quarter, up from their prior forecast of $0.16. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.94) per share. Zacks Research also issued estimates for JetBlue Airways’ FY2026 earnings at $0.32 EPS.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings results on Tuesday, October 29th. The transportation company reported ($0.16) EPS for the quarter, beating analysts’ consensus estimates of ($0.26) by $0.10. The business had revenue of $2.37 billion for the quarter, compared to analysts’ expectations of $2.36 billion. JetBlue Airways had a negative return on equity of 8.35% and a negative net margin of 9.17%. The business’s quarterly revenue was up .5% on a year-over-year basis. During the same period last year, the firm earned ($0.39) earnings per share.

A number of other brokerages have also weighed in on JBLU. TD Cowen upped their target price on shares of JetBlue Airways from $5.00 to $6.00 and gave the stock a “hold” rating in a research report on Friday, September 6th. Evercore ISI raised their price objective on JetBlue Airways from $4.00 to $5.00 and gave the company an “in-line” rating in a research report on Thursday, October 3rd. Susquehanna lifted their target price on JetBlue Airways from $6.00 to $7.00 and gave the stock a “neutral” rating in a report on Wednesday, October 9th. Bank of America raised JetBlue Airways from an “underperform” rating to a “neutral” rating and increased their price target for the company from $3.00 to $6.00 in a research note on Monday, September 9th. Finally, Citigroup lifted their price objective on JetBlue Airways from $6.00 to $7.75 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Three research analysts have rated the stock with a sell rating, six have issued a hold rating and one has issued a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of “Hold” and an average price target of $6.31.

JetBlue Airways Price Performance

NASDAQ JBLU traded up $0.29 during trading hours on Thursday, reaching $7.23. The company’s stock had a trading volume of 1,295,714 shares, compared to its average volume of 15,702,762. The company has a quick ratio of 1.18, a current ratio of 1.21 and a debt-to-equity ratio of 2.98. JetBlue Airways has a 1 year low of $4.09 and a 1 year high of $8.07. The firm’s 50-day moving average price is $6.36 and its 200-day moving average price is $5.89. The company has a market capitalization of $2.51 billion, a price-to-earnings ratio of -2.75 and a beta of 1.92.

Institutional Trading of JetBlue Airways

Institutional investors have recently bought and sold shares of the stock. Allspring Global Investments Holdings LLC purchased a new stake in shares of JetBlue Airways in the first quarter valued at $25,000. Texas Permanent School Fund Corp raised its holdings in shares of JetBlue Airways by 1.4% in the first quarter. Texas Permanent School Fund Corp now owns 291,021 shares of the transportation company’s stock worth $2,159,000 after buying an additional 4,157 shares during the period. SG Americas Securities LLC bought a new stake in shares of JetBlue Airways during the 1st quarter worth approximately $1,285,000. ProShare Advisors LLC grew its position in JetBlue Airways by 7.4% in the 1st quarter. ProShare Advisors LLC now owns 67,717 shares of the transportation company’s stock valued at $502,000 after acquiring an additional 4,663 shares during the last quarter. Finally, State Board of Administration of Florida Retirement System increased its stake in JetBlue Airways by 208.0% in the first quarter. State Board of Administration of Florida Retirement System now owns 391,614 shares of the transportation company’s stock worth $2,851,000 after purchasing an additional 264,460 shares during the period. 83.71% of the stock is currently owned by institutional investors.

JetBlue Airways Company Profile

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.