Zacks Research Lowers Earnings Estimates for JetBlue Airways

JetBlue Airways Corporation (NASDAQ:JBLU) – Research analysts at Zacks Research cut their FY2028 EPS estimates for JetBlue Airways in a note issued to investors on Tuesday, March 24th. Zacks Research analyst Team now forecasts that the transportation company will post earnings of $0.52 per share for the year, down from their prior forecast of $0.57. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share.

A number of other equities research analysts also recently commented on JBLU. UBS Group lowered their price objective on JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a research report on Monday, March 16th. JPMorgan Chase & Co. raised their price target on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Evercore lifted their price target on JetBlue Airways from $5.00 to $6.00 and gave the company an “in-line” rating in a report on Thursday, January 29th. The Goldman Sachs Group upped their price objective on shares of JetBlue Airways from $3.50 to $4.00 and gave the company a “sell” rating in a research note on Tuesday, January 13th. Finally, Morgan Stanley cut their price objective on shares of JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating on the stock in a report on Monday, December 8th. One research analyst has rated the stock with a Strong Buy rating, seven have assigned a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus price target of $4.80.

JetBlue Airways Trading Down 6.4%

Shares of JetBlue Airways stock opened at $4.22 on Thursday. JetBlue Airways has a fifty-two week low of $3.34 and a fifty-two week high of $6.50. The business’s fifty day moving average is $5.15 and its two-hundred day moving average is $4.85. The company has a quick ratio of 0.69, a current ratio of 0.74 and a debt-to-equity ratio of 3.65. The firm has a market cap of $1.56 billion, a PE ratio of -2.53 and a beta of 1.72.

JetBlue Airways (NASDAQ:JBLU) last announced its earnings results on Tuesday, January 27th. The transportation company reported ($0.49) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.04). The firm had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.22 billion. JetBlue Airways had a negative return on equity of 25.62% and a negative net margin of 6.64%.The firm’s revenue was down 1.4% compared to the same quarter last year. During the same quarter last year, the business posted ($0.21) EPS.

Institutional Investors Weigh In On JetBlue Airways

A number of institutional investors have recently added to or reduced their stakes in the company. Stifel Financial Corp increased its position in shares of JetBlue Airways by 0.6% during the 4th quarter. Stifel Financial Corp now owns 326,990 shares of the transportation company’s stock valued at $1,488,000 after purchasing an additional 1,928 shares during the period. Vident Advisory LLC lifted its holdings in shares of JetBlue Airways by 20.2% in the fourth quarter. Vident Advisory LLC now owns 13,232 shares of the transportation company’s stock valued at $60,000 after buying an additional 2,226 shares during the period. CWM LLC grew its holdings in JetBlue Airways by 3.2% during the third quarter. CWM LLC now owns 78,200 shares of the transportation company’s stock worth $385,000 after acquiring an additional 2,394 shares during the period. Essex Financial Services Inc. lifted its holdings in JetBlue Airways by 12.4% in the 4th quarter. Essex Financial Services Inc. now owns 23,504 shares of the transportation company’s stock valued at $107,000 after acquiring an additional 2,599 shares during the last quarter. Finally, Cetera Investment Advisers boosted its position in shares of JetBlue Airways by 10.7% during the 2nd quarter. Cetera Investment Advisers now owns 30,678 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 2,954 shares in the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

Key Headlines Impacting JetBlue Airways

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: Management is reportedly exploring potential merger partners and broader industry M&A is gaining momentum, which could unlock strategic value or create a takeover premium. JetBlue explores potential mergers as industry M&A gains momentum
• Positive Sentiment: Press reports that JetBlue is conducting a strategic review — including a possible sale — drove earlier upside, signaling investors are pricing in potential corporate action or investor interest. Stock Market Today, March 25: JetBlue Airways Stock Surges After Reports of Strategic Review Including Possible Sale
• Positive Sentiment: JetBlue announced network expansion at Fort Lauderdale (new Cleveland route and added frequencies on nine routes), which should help near‑term revenue and market share at FLL. This is a tangible growth action from management. JetBlue Grows Fort Lauderdale Network with New Route and More Flights
• Neutral Sentiment: BMO Capital Markets initiated coverage on JetBlue — coverage initiation can add liquidity and attention but its directional impact depends on the stance and models in the report. JetBlue Airways (NASDAQ:JBLU) Coverage Initiated at BMO Capital Markets
• Negative Sentiment: Brokerage consensus has tilted to a “Reduce” rating, which increases selling pressure and signals muted near-term expectations from sell‑side analysts. JetBlue Airways Corporation (NASDAQ:JBLU) Receives Consensus Recommendation of “Reduce” from Brokerages
• Negative Sentiment: Zacks trimmed FY2028 EPS estimates and consensus still points to negative full‑year EPS, reinforcing analyst caution around profitability recovery. JBLU Boosts Its Presence in Fort Lauderdale With New Routes & Flights
• Negative Sentiment: Short‑term technical/market action: the stock cooled after a rally, reflecting profit‑taking and sensitivity to headlines and analyst commentary given JBLU’s high volatility and elevated leverage. JetBlue stock is dipping after its Wednesday rally: What’s happening?

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.