Q2 EPS Estimates for JetBlue Airways Increased by Analyst

JetBlue Airways Co. (NASDAQ:JBLU) – Equities research analysts at Zacks Research increased their Q2 2026 earnings per share estimates for shares of JetBlue Airways in a research note issued on Thursday, December 12th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings of $0.19 per share for the quarter, up from their previous forecast of $0.18. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.89) per share. Zacks Research also issued estimates for JetBlue Airways’ FY2026 earnings at $0.33 EPS.

Several other analysts have also weighed in on JBLU. Susquehanna boosted their price objective on JetBlue Airways from $6.00 to $7.00 and gave the company a “neutral” rating in a report on Wednesday, October 9th. Morgan Stanley reissued an “equal weight” rating and set a $8.00 price target on shares of JetBlue Airways in a research report on Wednesday, December 11th. Bank of America upgraded JetBlue Airways from an “underperform” rating to a “neutral” rating and raised their price objective for the stock from $3.00 to $6.00 in a research note on Monday, September 9th. Evercore ISI boosted their target price on shares of JetBlue Airways from $4.00 to $5.00 and gave the company an “in-line” rating in a research note on Thursday, October 3rd. Finally, TD Cowen raised their price target 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. Four investment analysts have rated the stock with a sell rating, seven have issued a hold rating and one has assigned a buy rating to the company’s stock. According to data from MarketBeat, JetBlue Airways currently has a consensus rating of “Hold” and a consensus target price of $6.57.

JetBlue Airways Stock Performance

Shares of JetBlue Airways stock opened at $7.04 on Monday. The company has a debt-to-equity ratio of 2.98, a quick ratio of 1.18 and a current ratio of 1.21. JetBlue Airways has a 1 year low of $4.49 and a 1 year high of $8.07. The firm’s 50-day simple moving average is $6.59 and its 200-day simple moving average is $6.00. The firm has a market cap of $2.44 billion, a PE ratio of -2.79 and a beta of 1.92.

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

Institutional Investors Weigh In On JetBlue Airways

A number of hedge funds have recently made changes to their positions in the business. Bogart Wealth LLC raised its holdings in JetBlue Airways by 1,951.2% during the third quarter. Bogart Wealth LLC now owns 4,205 shares of the transportation company’s stock worth $28,000 after purchasing an additional 4,000 shares in the last quarter. Harvest Fund Management Co. Ltd bought a new stake in JetBlue Airways in the third quarter worth about $28,000. Strategic Investment Solutions Inc. IL acquired a new stake in JetBlue Airways in the 2nd quarter valued at about $34,000. Point72 DIFC Ltd bought a new position in shares of JetBlue Airways during the 2nd quarter valued at about $48,000. Finally, Fifth Third Wealth Advisors LLC acquired a new position in shares of JetBlue Airways in the 2nd quarter worth approximately $63,000. Institutional investors own 83.71% of the company’s stock.

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.