FY2026 EPS Estimates for JetBlue Airways Co. Raised by Analyst (NASDAQ:JBLU)

JetBlue Airways Co. (NASDAQ:JBLU) – Stock analysts at Zacks Research upped their FY2026 earnings per share estimates for JetBlue Airways in a research note issued on Friday, May 3rd. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $0.36 per share for the year, up from their prior estimate of $0.35. The consensus estimate for JetBlue Airways’ current full-year earnings is ($1.01) per share.

Other equities analysts also recently issued reports about the company. Susquehanna lifted their target price on JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Barclays assumed coverage on JetBlue Airways in a research report on Wednesday, March 27th. They set an “underweight” rating and a $6.00 price objective for the company. Evercore ISI boosted their price objective on JetBlue Airways from $5.00 to $8.00 and gave the stock an “in-line” rating in a research report on Thursday, April 4th. JPMorgan Chase & Co. reduced their price objective on JetBlue Airways from $7.00 to $6.00 and set a “neutral” rating for the company in a research report on Wednesday, April 24th. Finally, UBS Group assumed coverage on JetBlue Airways in a research report on Wednesday, March 20th. They set a “sell” rating and a $5.00 price objective for the company. Five research analysts have rated the stock with a sell rating, five have assigned a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus target price of $5.78.

JetBlue Airways Stock Up 0.5 %

Shares of JetBlue Airways stock opened at $5.80 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 1.78. The firm has a market cap of $1.97 billion, a P/E ratio of -2.35 and a beta of 1.89. JetBlue Airways has a fifty-two week low of $3.42 and a fifty-two week high of $9.45. The business has a 50-day moving average price of $6.76 and a 200 day moving average price of $5.72.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings data on Tuesday, April 23rd. The transportation company reported ($0.43) earnings per share for the quarter, beating the consensus estimate of ($0.53) by $0.10. The firm had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.20 billion. JetBlue Airways had a negative return on equity of 5.72% and a negative net margin of 8.79%. JetBlue Airways’s quarterly revenue was down 5.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.34) earnings per share.

Institutional Investors Weigh In On JetBlue Airways

A number of institutional investors have recently added to or reduced their stakes in JBLU. Vanguard Group Inc. increased its holdings in shares of JetBlue Airways by 1.0% in the fourth quarter. Vanguard Group Inc. now owns 37,059,623 shares of the transportation company’s stock valued at $205,681,000 after buying an additional 354,086 shares in the last quarter. Donald Smith & CO. Inc. increased its holdings in shares of JetBlue Airways by 12.2% in the fourth quarter. Donald Smith & CO. Inc. now owns 12,450,690 shares of the transportation company’s stock valued at $69,101,000 after buying an additional 1,354,786 shares in the last quarter. U S Global Investors Inc. increased its holdings in shares of JetBlue Airways by 24.2% in the fourth quarter. U S Global Investors Inc. now owns 9,781,327 shares of the transportation company’s stock valued at $54,286,000 after buying an additional 1,903,910 shares in the last quarter. American Century Companies Inc. increased its holdings in shares of JetBlue Airways by 49.6% in the third quarter. American Century Companies Inc. now owns 4,576,623 shares of the transportation company’s stock valued at $21,052,000 after buying an additional 1,518,328 shares in the last quarter. Finally, Charles Schwab Investment Management Inc. increased its holdings in shares of JetBlue Airways by 5.1% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 3,861,383 shares of the transportation company’s stock valued at $21,431,000 after buying an additional 186,185 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

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.