FY2026 EPS Estimates for JetBlue Airways Co. Boosted by Zacks Research (NASDAQ:JBLU)

JetBlue Airways Co. (NASDAQ:JBLU) – Equities research analysts at Zacks Research increased their FY2026 EPS estimates for JetBlue Airways in a report released 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 forecast of $0.35. The consensus estimate for JetBlue Airways’ current full-year earnings is ($1.01) per share.

Other equities analysts also recently issued research reports about the company. JPMorgan Chase & Co. dropped their price target on JetBlue Airways from $7.00 to $6.00 and set a “neutral” rating on the stock in a research report on Wednesday, April 24th. UBS Group assumed coverage on shares of JetBlue Airways in a research report on Wednesday, March 20th. They set a “sell” rating and a $5.00 target price on the stock. Susquehanna increased their price objective on shares of JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a research note on Tuesday, April 9th. Barclays reduced their price objective on shares of JetBlue Airways from $6.00 to $5.00 and set an “underweight” rating for the company in a research note on Monday. Finally, TD Cowen dropped their target price on JetBlue Airways from $7.00 to $6.00 and set a “hold” rating on the stock in a research report on Tuesday, April 23rd. Five investment analysts have rated the stock with a sell rating, five have assigned a hold rating and one has issued a buy rating to the stock. According to data from MarketBeat, the stock currently has a consensus rating of “Hold” and a consensus price target of $5.68.

JetBlue Airways Price Performance

JetBlue Airways stock opened at $5.66 on Monday. The stock has a market cap of $1.93 billion, a price-to-earnings ratio of -2.29 and a beta of 1.89. The firm has a 50-day moving average of $6.74 and a two-hundred day moving average of $5.74. JetBlue Airways has a 1 year low of $3.42 and a 1 year high of $9.45. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.54 and a quick ratio of 0.51.

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

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in the business. Barclays PLC increased its holdings in shares of JetBlue Airways by 27.4% during the third quarter. Barclays PLC now owns 424,972 shares of the transportation company’s stock valued at $1,955,000 after acquiring an additional 91,403 shares in the last quarter. AQR Capital Management LLC increased its stake in JetBlue Airways by 136.3% during the 3rd quarter. AQR Capital Management LLC now owns 2,480,796 shares of the transportation company’s stock valued at $11,412,000 after purchasing an additional 1,431,113 shares in the last quarter. Citigroup Inc. raised its holdings in shares of JetBlue Airways by 9.4% in the third quarter. Citigroup Inc. now owns 377,628 shares of the transportation company’s stock worth $1,737,000 after buying an additional 32,516 shares during the last quarter. Quantbot Technologies LP lifted its stake in shares of JetBlue Airways by 173.7% during the third quarter. Quantbot Technologies LP now owns 162,909 shares of the transportation company’s stock worth $749,000 after buying an additional 103,384 shares during the period. Finally, Vanguard Group Inc. grew its holdings in shares of JetBlue Airways by 9.2% during the third quarter. Vanguard Group Inc. now owns 36,705,537 shares of the transportation company’s stock valued at $168,845,000 after buying an additional 3,099,071 shares during the last quarter. 83.71% of the stock is currently owned by hedge funds and other 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.