Q2 EPS Forecast for JetBlue Airways Increased by Analyst

JetBlue Airways Co. (NASDAQ:JBLU) – Investment analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for JetBlue Airways in a research note issued to investors on Tuesday, November 12th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings of $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.

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

A number of other brokerages have also issued reports on JBLU. Evercore ISI boosted their price target on JetBlue Airways from $4.00 to $5.00 and gave the company an “in-line” rating in a report on Thursday, October 3rd. Susquehanna boosted their price objective on shares of JetBlue Airways from $6.00 to $7.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Bank of America raised shares of JetBlue Airways from an “underperform” rating to a “neutral” rating and boosted their price objective for the stock from $3.00 to $6.00 in a research note on Monday, September 9th. Citigroup boosted their price objective on shares of JetBlue Airways from $6.00 to $7.75 and gave the stock a “neutral” rating in a research note on Tuesday, October 22nd. Finally, Barclays boosted their price objective on shares of JetBlue Airways from $5.00 to $7.00 and gave the stock an “underweight” rating in a research note on Thursday. Three equities research analysts have rated the stock with a sell rating, six have given a hold rating and one has assigned a buy rating to the stock. Based on data from MarketBeat, the company has a consensus rating of “Hold” and a consensus price target of $6.53.

JetBlue Airways Stock Up 2.4 %

Shares of NASDAQ JBLU opened at $7.11 on Thursday. The company has a debt-to-equity ratio of 2.98, a quick ratio of 1.18 and a current ratio of 1.21. The firm has a market capitalization of $2.47 billion, a price-to-earnings ratio of -2.81 and a beta of 1.92. The stock has a 50 day moving average price of $6.40 and a 200 day moving average price of $5.89. JetBlue Airways has a 52-week low of $4.09 and a 52-week high of $8.07.

Hedge Funds Weigh In On JetBlue Airways

Large investors have recently made changes to their positions in the business. Allspring Global Investments Holdings LLC acquired a new position in shares of JetBlue Airways during the first quarter worth $25,000. Bogart Wealth LLC increased its position in shares of JetBlue Airways by 1,951.2% in the 3rd quarter. Bogart Wealth LLC now owns 4,205 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 4,000 shares during the period. Harvest Fund Management Co. Ltd acquired a new position in shares of JetBlue Airways in the 3rd quarter valued at $28,000. Trust Co. of Vermont acquired a new position in shares of JetBlue Airways in the 2nd quarter valued at $27,000. Finally, Strategic Investment Solutions Inc. IL acquired a new position in shares of JetBlue Airways in the 2nd quarter valued at $34,000. 83.71% of the stock is owned by institutional investors and hedge funds.

About JetBlue Airways

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.