Zacks Research Forecasts Higher Earnings for JetBlue Airways

JetBlue Airways Co. (NASDAQ:JBLU) – Zacks Research upped their Q2 2026 earnings estimates for JetBlue Airways in a research report issued to clients and investors on Thursday, December 12th. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $0.19 per share for the quarter, up from their prior estimate of $0.18. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.89) per share. Zacks Research also issued estimates for JetBlue Airways’ FY2026 earnings at $0.33 EPS.

JetBlue Airways (NASDAQ:JBLU) last released its quarterly earnings results on Tuesday, October 29th. The transportation company reported ($0.16) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.26) by $0.10. The firm 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 company’s revenue for the quarter was up .5% on a year-over-year basis. During the same quarter last year, the firm earned ($0.39) earnings per share.

Other equities analysts also recently issued research reports about the company. Morgan Stanley reiterated an “equal weight” rating and issued a $8.00 price objective on shares of JetBlue Airways in a research note on Wednesday, December 11th. UBS Group reissued a “sell” rating and issued a $5.00 target price on shares of JetBlue Airways in a research note on Tuesday, November 26th. TD Cowen upped their price objective on shares of JetBlue Airways from $5.00 to $6.00 and gave the company a “hold” rating in a research note on Friday, September 6th. StockNews.com raised shares of JetBlue Airways to a “sell” rating in a research report on Thursday, November 7th. Finally, Barclays lifted their price objective on JetBlue Airways from $5.00 to $7.00 and gave the stock an “underweight” rating in a research report on Thursday, November 14th. Four research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has given a buy rating to the stock. According to data from MarketBeat.com, JetBlue Airways presently has a consensus rating of “Hold” and an average target price of $6.57.

JetBlue Airways Price Performance

JBLU stock opened at $7.30 on Monday. The company has a market capitalization of $2.53 billion, a P/E ratio of -2.80 and a beta of 1.92. The company has a debt-to-equity ratio of 2.98, a quick ratio of 1.18 and a current ratio of 1.21. JetBlue Airways has a 52-week low of $4.49 and a 52-week high of $8.07. The business has a 50-day simple moving average of $6.59 and a two-hundred day simple moving average of $6.01.

Institutional Trading of JetBlue Airways

A number of institutional investors and hedge funds have recently modified their holdings of JBLU. Virtu Financial LLC purchased a new stake in JetBlue Airways in the third quarter valued at approximately $307,000. Y Intercept Hong Kong Ltd purchased a new stake in JetBlue Airways during the 3rd quarter valued at approximately $1,973,000. XTX Topco Ltd increased its stake in JetBlue Airways by 186.4% in the 3rd quarter. XTX Topco Ltd now owns 106,910 shares of the transportation company’s stock valued at $701,000 after buying an additional 69,584 shares during the period. Weiss Asset Management LP purchased a new position in JetBlue Airways during the third quarter worth about $1,761,000. Finally, Stifel Financial Corp lifted its holdings in JetBlue Airways by 21.4% in the third quarter. Stifel Financial Corp now owns 525,024 shares of the transportation company’s stock valued at $3,444,000 after acquiring an additional 92,468 shares during the period. Hedge funds and other institutional investors own 83.71% of the company’s stock.

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.