Shares of JetBlue Airways Corporation (NASDAQ:JBLU – Get Free Report) have earned a consensus recommendation of “Reduce” from the thirteen ratings firms that are presently covering the firm, MarketBeat.com reports. Five investment analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and one has assigned a strong buy recommendation to the company. The average 12 month price target among analysts that have issued a report on the stock in the last year is $4.8042.
A number of research analysts have issued reports on the stock. TD Cowen upgraded JetBlue Airways from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Evercore lifted their price objective on JetBlue Airways from $5.00 to $6.00 and gave the company an “in-line” rating in a research report on Thursday, January 29th. BMO Capital Markets initiated coverage on JetBlue Airways in a research note on Tuesday, March 24th. They issued a “market perform” rating and a $4.50 target price for the company. Citigroup decreased their price target on JetBlue Airways from $6.00 to $4.40 and set a “neutral” rating on the stock in a research note on Friday, March 20th. Finally, The Goldman Sachs Group lifted their price target on JetBlue Airways from $3.50 to $4.00 and gave the company a “sell” rating in a report on Tuesday, January 13th.
Get Our Latest Analysis on JBLU
JetBlue Airways Stock Performance
JetBlue Airways (NASDAQ:JBLU – Get Free Report) last released its quarterly earnings data on Tuesday, January 27th. The transportation company reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.45) by ($0.04). JetBlue Airways had a negative return on equity of 25.62% and a negative net margin of 6.64%.The business had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.22 billion. During the same quarter in the prior year, the firm earned ($0.21) earnings per share. JetBlue Airways’s quarterly revenue was down 1.4% on a year-over-year basis. Analysts expect that JetBlue Airways will post -0.69 earnings per share for the current fiscal year.
JetBlue Airways News Roundup
Here are the key news stories impacting JetBlue Airways this week:
- Positive Sentiment: Management is reportedly exploring potential merger partners and broader industry M&A is gaining momentum, which could unlock strategic value or create a takeover premium. JetBlue explores potential mergers as industry M&A gains momentum
- Positive Sentiment: Press reports that JetBlue is conducting a strategic review — including a possible sale — drove earlier upside, signaling investors are pricing in potential corporate action or investor interest. Stock Market Today, March 25: JetBlue Airways Stock Surges After Reports of Strategic Review Including Possible Sale
- Positive Sentiment: JetBlue announced network expansion at Fort Lauderdale (new Cleveland route and added frequencies on nine routes), which should help near‑term revenue and market share at FLL. This is a tangible growth action from management. JetBlue Grows Fort Lauderdale Network with New Route and More Flights
- Neutral Sentiment: BMO Capital Markets initiated coverage on JetBlue — coverage initiation can add liquidity and attention but its directional impact depends on the stance and models in the report. JetBlue Airways (NASDAQ:JBLU) Coverage Initiated at BMO Capital Markets
- Negative Sentiment: Brokerage consensus has tilted to a “Reduce” rating, which increases selling pressure and signals muted near-term expectations from sell‑side analysts. JetBlue Airways Corporation (NASDAQ:JBLU) Receives Consensus Recommendation of “Reduce” from Brokerages
- Negative Sentiment: Zacks trimmed FY2028 EPS estimates and consensus still points to negative full‑year EPS, reinforcing analyst caution around profitability recovery. JBLU Boosts Its Presence in Fort Lauderdale With New Routes & Flights
- Negative Sentiment: Short‑term technical/market action: the stock cooled after a rally, reflecting profit‑taking and sensitivity to headlines and analyst commentary given JBLU’s high volatility and elevated leverage. JetBlue stock is dipping after its Wednesday rally: What’s happening?
Hedge Funds Weigh In On JetBlue Airways
Several hedge funds and other institutional investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. grew its stake in shares of JetBlue Airways by 157.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 3,373 shares in the last quarter. Caitong International Asset Management Co. Ltd lifted its stake in shares of JetBlue Airways by 639.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 5,839 shares of the transportation company’s stock worth $29,000 after acquiring an additional 5,049 shares in the last quarter. Kestra Advisory Services LLC acquired a new position in shares of JetBlue Airways in the fourth quarter worth about $30,000. Leonteq Securities AG purchased a new position in JetBlue Airways in the fourth quarter valued at about $32,000. Finally, Bogart Wealth LLC grew its stake in JetBlue Airways by 12,727.3% during the 3rd quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 7,000 shares in the last quarter. 83.71% of the stock is owned by institutional investors and hedge funds.
About JetBlue Airways
JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.
The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.
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