Zacks Research Forecasts Higher Earnings for JetBlue Airways

JetBlue Airways Co. (NASDAQ:JBLU) – Investment analysts at Zacks Research boosted their Q1 2025 earnings per share (EPS) estimates for JetBlue Airways in a research note issued on Wednesday, April 2nd. Zacks Research analyst M. Basu now expects that the transportation company will earn ($0.58) per share for the quarter, up from their previous forecast of ($0.60). The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for JetBlue Airways’ Q4 2025 earnings at ($0.15) EPS, FY2025 earnings at ($0.81) EPS, Q1 2026 earnings at ($0.07) EPS, Q4 2026 earnings at $0.03 EPS and FY2026 earnings at $0.25 EPS.

Other research analysts have also recently issued research reports about the company. Morgan Stanley reaffirmed an “equal weight” rating and issued a $8.00 price target on shares of JetBlue Airways in a report on Wednesday, December 11th. Bank of America decreased their target price on JetBlue Airways from $5.25 to $4.25 and set an “underperform” rating on the stock in a report on Thursday. Citigroup upped their target price on JetBlue Airways from $6.85 to $7.60 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Susquehanna decreased their price target on JetBlue Airways from $8.00 to $6.00 and set a “neutral” rating for the company in a research report on Tuesday, February 4th. Finally, UBS Group cut their price objective on JetBlue Airways from $5.50 to $5.00 and set a “sell” rating on the stock in a report on Wednesday, January 29th. Five equities research analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. According to data from MarketBeat.com, JetBlue Airways currently has an average rating of “Hold” and an average target price of $6.12.

JetBlue Airways Stock Down 5.5 %

JBLU stock opened at $3.94 on Monday. The firm has a market cap of $1.40 billion, a PE ratio of -1.68 and a beta of 1.69. JetBlue Airways has a 12 month low of $3.62 and a 12 month high of $8.31. The company has a debt-to-equity ratio of 3.08, a current ratio of 1.10 and a quick ratio of 1.18. The firm has a 50 day simple moving average of $6.07 and a 200 day simple moving average of $6.61.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings results on Tuesday, January 28th. The transportation company reported ($0.21) earnings per share for the quarter, beating analysts’ consensus estimates of ($0.42) by $0.21. JetBlue Airways had a negative net margin of 8.57% and a negative return on equity of 9.31%. During the same period in the prior year, the business posted ($0.19) earnings per share.

Institutional Inflows and Outflows

A number of institutional investors and hedge funds have recently bought and sold shares of the company. Blue Trust Inc. lifted its holdings in shares of JetBlue Airways by 130.8% during the 4th quarter. Blue Trust Inc. now owns 4,478 shares of the transportation company’s stock valued at $35,000 after buying an additional 2,538 shares during the last quarter. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors bought a new position in JetBlue Airways during the fourth quarter valued at approximately $40,000. Bogart Wealth LLC lifted its stake in JetBlue Airways by 67.8% in the fourth quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock valued at $55,000 after acquiring an additional 2,850 shares during the last quarter. R Squared Ltd acquired a new stake in JetBlue Airways in the fourth quarter valued at approximately $58,000. Finally, GAMMA Investing LLC grew its position in JetBlue Airways by 85.8% in the fourth quarter. GAMMA Investing LLC now owns 8,353 shares of the transportation company’s stock worth $66,000 after acquiring an additional 3,857 shares in the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

Insiders Place Their Bets

In related news, Director Nik Mittal purchased 100,000 shares of the company’s stock in a transaction dated Tuesday, February 4th. The shares were acquired at an average cost of $6.14 per share, with a total value of $614,000.00. Following the completion of the purchase, the director now owns 116,443 shares of the company’s stock, valued at $714,960.02. The trade was a 608.16 % increase in their position. The acquisition was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through this hyperlink. Also, CFO Ursula L. Hurley sold 15,000 shares of the stock in a transaction on Tuesday, February 18th. The stock was sold at an average price of $7.50, for a total value of $112,500.00. Following the sale, the chief financial officer now owns 41,833 shares of the company’s stock, valued at approximately $313,747.50. This represents a 26.39 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Corporate insiders own 1.18% 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.