Zacks Research Boosts Earnings Estimates for JetBlue Airways

JetBlue Airways Corporation (NASDAQ:JBLU) – Analysts at Zacks Research raised their Q3 2026 EPS estimates for JetBlue Airways in a research report issued on Tuesday, August 11th. Zacks Research analyst Team now expects that the transportation company will post earnings of ($0.57) per share for the quarter, up from their previous forecast of ($0.91). The consensus estimate for JetBlue Airways’ current full-year earnings is ($2.35) per share. Zacks Research also issued estimates for JetBlue Airways’ Q4 2026 earnings at ($0.35) EPS, FY2026 earnings at ($2.46) EPS, Q1 2027 earnings at ($0.34) EPS, Q2 2027 earnings at $0.03 EPS, Q3 2027 earnings at $0.06 EPS, Q4 2027 earnings at ($0.10) EPS, FY2027 earnings at ($0.35) EPS, Q1 2028 earnings at $0.02 EPS, Q2 2028 earnings at $0.35 EPS and FY2028 earnings at $0.76 EPS.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings data on Tuesday, July 28th. The transportation company reported ($0.66) EPS for the quarter, beating the consensus estimate of ($0.69) by $0.03. JetBlue Airways had a negative net margin of 9.32% and a negative return on equity of 45.92%. The firm had revenue of $2.70 billion during the quarter, compared to analysts’ expectations of $2.69 billion. During the same quarter last year, the business earned ($0.21) earnings per share. The business’s revenue for the quarter was up 14.5% compared to the same quarter last year.

JBLU has been the subject of several other reports. The Goldman Sachs Group lifted their price objective on JetBlue Airways from $3.50 to $4.50 and gave the stock a “sell” rating in a report on Thursday, July 2nd. BMO Capital Markets boosted their price objective on shares of JetBlue Airways from $6.00 to $6.75 and gave the stock a “market perform” rating in a research report on Wednesday, July 29th. Susquehanna raised their target price on shares of JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a report on Tuesday, July 7th. Citigroup cut shares of JetBlue Airways from a “neutral” rating to a “sell” rating and cut their target price for the stock from $6.60 to $5.30 in a research report on Friday, August 7th. Finally, Seaport Research Partners raised shares of JetBlue Airways from a “neutral” rating to a “buy” rating and set a $8.00 price objective for the company in a research note on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and six have given a Sell rating to the stock. According to MarketBeat, JetBlue Airways presently has a consensus rating of “Reduce” and an average target price of $5.40.

JetBlue Airways Price Performance

Shares of NASDAQ:JBLU opened at $5.78 on Thursday. The firm has a market capitalization of $2.18 billion, a price-to-earnings ratio of -2.42 and a beta of 1.74. The company has a debt-to-equity ratio of 5.04, a current ratio of 0.70 and a quick ratio of 0.63. The business’s 50 day simple moving average is $5.59 and its 200-day simple moving average is $5.24. JetBlue Airways has a 12 month low of $3.87 and a 12 month high of $6.62.

Insider Transactions at JetBlue Airways

In related news, CFO Ursula L. Hurley sold 77,253 shares of the firm’s stock in a transaction that occurred on Thursday, July 30th. The shares were sold at an average price of $5.76, for a total transaction of $444,977.28. Following the sale, the chief financial officer owned 211,099 shares in the company, valued at approximately $1,215,930.24. This trade represents a 26.79% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Vivek Sharma sold 32,000 shares of JetBlue Airways stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $5.41, for a total transaction of $173,120.00. Following the completion of the sale, the director directly owned 35,479 shares of the company’s stock, valued at $191,941.39. The trade was a 47.42% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last 90 days, insiders sold 111,253 shares of company stock worth $629,597. 2.41% of the stock is owned by insiders.

Institutional Investors Weigh In On JetBlue Airways

A number of hedge funds and other institutional investors have recently made changes to their positions in the business. Rockefeller Capital Management L.P. lifted its position in 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 worth $25,000 after buying an additional 3,373 shares during the period. Trust Co. of Vermont acquired a new stake in shares of JetBlue Airways in the second quarter worth approximately $26,000. Northwestern Mutual Wealth Management Co. purchased a new stake in JetBlue Airways in the second quarter valued at approximately $27,000. Caitong International Asset Management Co. Ltd increased its position in JetBlue Airways by 639.1% during the third quarter. Caitong International Asset Management Co. Ltd now owns 5,839 shares of the transportation company’s stock worth $29,000 after purchasing an additional 5,049 shares during the last quarter. Finally, Kestra Advisory Services LLC purchased a new position in JetBlue Airways during the fourth quarter worth approximately $30,000. Hedge funds and other institutional investors own 83.71% of the company’s stock.

JetBlue Airways Company Profile

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.