Zacks Research Lifts Earnings Estimates for JetBlue Airways

JetBlue Airways Co. (NASDAQ:JBLU) – Equities researchers at Zacks Research upped their Q2 2026 earnings per share (EPS) estimates for shares of JetBlue Airways in a report released on Tuesday, November 12th. Zacks Research analyst M. Basu now expects that the transportation company will earn $0.18 per share for the quarter, up from their prior estimate 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 issued its quarterly earnings data on Tuesday, October 29th. The transportation company reported ($0.16) earnings per share (EPS) for the quarter, topping the consensus estimate of ($0.26) by $0.10. The company had revenue of $2.37 billion during the quarter, compared to the consensus estimate of $2.36 billion. JetBlue Airways had a negative net margin of 9.17% and a negative return on equity of 8.35%. The firm’s revenue was up .5% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.39) earnings per share.

A number of other equities research analysts have also issued reports on JBLU. Bank of America raised JetBlue Airways from an “underperform” rating to a “neutral” rating and lifted their target price for the company from $3.00 to $6.00 in a research report on Monday, September 9th. The Goldman Sachs Group reissued a “sell” rating and issued a $5.50 price objective on shares of JetBlue Airways in a research report on Friday. StockNews.com raised shares of JetBlue Airways to a “sell” rating in a research report on Thursday, November 7th. TD Cowen boosted their price target 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. Finally, Citigroup increased their price objective on shares of JetBlue Airways from $6.00 to $7.75 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Four equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. According to MarketBeat, JetBlue Airways presently has an average rating of “Hold” and a consensus target price of $6.43.

JetBlue Airways Stock Performance

JBLU opened at $7.06 on Thursday. The company has a market capitalization of $2.45 billion, a price-to-earnings ratio of -2.80 and a beta of 1.92. The business’s 50-day moving average price is $6.44 and its two-hundred day moving average price is $5.90. JetBlue Airways has a 1 year low of $4.09 and a 1 year high of $8.07. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.21 and a quick ratio of 1.18.

Institutional Trading of JetBlue Airways

A number of hedge funds have recently made changes to their positions in JBLU. Allspring Global Investments Holdings LLC bought a new position in shares of JetBlue Airways in the first quarter valued at about $25,000. Trust Co. of Vermont acquired a new stake in JetBlue Airways during the second quarter worth approximately $27,000. Bogart Wealth LLC lifted its position in JetBlue Airways by 1,951.2% during the third quarter. Bogart Wealth LLC now owns 4,205 shares of the transportation company’s stock worth $28,000 after acquiring an additional 4,000 shares during the last quarter. Harvest Fund Management Co. Ltd bought a new stake in shares of JetBlue Airways during the third quarter worth approximately $28,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of JetBlue Airways in the second quarter valued at approximately $34,000. 83.71% of the stock is owned by institutional investors and hedge funds.

About JetBlue Airways

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.