Q2 EPS Forecast for JetBlue Airways Increased by Analyst

JetBlue Airways Co. (NASDAQ:JBLU) – Stock analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for JetBlue Airways in a research note issued on Tuesday, November 12th. Zacks Research analyst M. Basu now anticipates that the transportation company will earn $0.18 per share for the quarter, up from their previous forecast 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.

A number of other analysts have also weighed in on the company. Citigroup upped their target price on JetBlue Airways from $6.00 to $7.75 and gave the stock a “neutral” rating in a report on Tuesday, October 22nd. StockNews.com raised JetBlue Airways to a “sell” rating in a research report on Thursday, November 7th. Bank of America upgraded 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 note on Monday, September 9th. Susquehanna raised their price target on shares of JetBlue Airways from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Finally, TD Cowen lifted their price objective 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. Three analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, JetBlue Airways presently has a consensus rating of “Hold” and an average price target of $6.31.

JetBlue Airways Stock Up 4.2 %

Shares of JBLU traded up $0.29 during mid-day trading on Thursday, hitting $7.23. The company’s stock had a trading volume of 1,295,714 shares, compared to its average volume of 15,702,762. The company has a current ratio of 1.21, a quick ratio of 1.18 and a debt-to-equity ratio of 2.98. The company’s 50-day moving average is $6.36 and its 200-day moving average is $5.89. JetBlue Airways has a 52-week low of $4.09 and a 52-week high of $8.07. The firm has a market capitalization of $2.51 billion, a price-to-earnings ratio of -2.75 and a beta of 1.92.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings results on Tuesday, October 29th. The transportation company reported ($0.16) EPS for the quarter, beating the consensus estimate of ($0.26) by $0.10. JetBlue Airways had a negative return on equity of 8.35% and a negative net margin of 9.17%. The firm had revenue of $2.37 billion for the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the firm posted ($0.39) earnings per share. The business’s revenue for the quarter was up .5% on a year-over-year basis.

Institutional Inflows and Outflows

Hedge funds have recently bought and sold shares of the stock. Maverick Capital Ltd. purchased a new stake in shares of JetBlue Airways during the second quarter valued at $634,000. Jade Capital Advisors LLC grew its stake in JetBlue Airways by 800.0% during the 3rd quarter. Jade Capital Advisors LLC now owns 450,000 shares of the transportation company’s stock valued at $2,952,000 after purchasing an additional 400,000 shares during the last quarter. Texas Permanent School Fund Corp grew its stake in JetBlue Airways by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 291,021 shares of the transportation company’s stock valued at $2,159,000 after purchasing an additional 4,157 shares during the last quarter. Privium Fund Management UK Ltd acquired a new position in shares of JetBlue Airways in the third quarter valued at about $794,000. Finally, State Board of Administration of Florida Retirement System raised its stake in shares of JetBlue Airways by 208.0% in the first quarter. State Board of Administration of Florida Retirement System now owns 391,614 shares of the transportation company’s stock worth $2,851,000 after purchasing an additional 264,460 shares during the last quarter. Institutional investors and hedge funds 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.