JetBlue Airways Q2 EPS Estimate Boosted by Zacks Research

JetBlue Airways Co. (NASDAQ:JBLU - Free Report) - Analysts at Zacks Research lifted their Q2 2026 earnings estimates for shares of JetBlue Airways in a note issued to investors on Thursday, December 12th. Zacks Research analyst M. Basu now anticipates that the transportation company will post earnings per share of $0.19 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.

JBLU has been the subject of a number of other reports. The Goldman Sachs Group restated a "sell" rating and issued a $5.50 price target on shares of JetBlue Airways in a research note on Friday, November 15th. TD Cowen boosted their target price on shares of JetBlue Airways from $5.00 to $6.00 and gave the stock a "hold" rating in a report on Friday, September 6th. UBS Group reiterated a "sell" rating and issued a $5.00 price target on shares of JetBlue Airways in a research note on Tuesday, November 26th. Bank of America raised shares of JetBlue Airways from an "underperform" rating to a "neutral" rating and lifted their price objective for the company from $3.00 to $6.00 in a research report on Monday, September 9th. Finally, Evercore ISI upped their target price on shares of JetBlue Airways from $4.00 to $5.00 and gave the company an "in-line" rating in a report on Thursday, October 3rd. Four investment analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has issued a buy rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of "Hold" and an average target price of $6.57.

JetBlue Airways Stock Up 0.1 %

Shares of NASDAQ JBLU traded up $0.01 during mid-day trading on Monday, hitting $7.05. The company had a trading volume of 15,394,745 shares, compared to its average volume of 16,041,964. JetBlue Airways has a one year low of $4.49 and a one year high of $8.07. The company has a market capitalization of $2.45 billion, a PE ratio of -2.79 and a beta of 1.92. 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 firm has a 50-day simple moving average of $6.59 and a two-hundred day simple moving average of $6.00.

JetBlue Airways (NASDAQ:JBLU - Get Free Report) last released its earnings results on Tuesday, October 29th. The transportation company reported ($0.16) earnings per share for the quarter, beating 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 the consensus estimate of $2.36 billion. During the same quarter last year, the firm earned ($0.39) earnings per share. The firm's revenue for the quarter was up .5% compared to the same quarter last year.

Hedge Funds Weigh In On JetBlue Airways

A number of large investors have recently made changes to their positions in JBLU. Nisa Investment Advisors LLC increased its position in JetBlue Airways by 9.0% during the 2nd quarter. Nisa Investment Advisors LLC now owns 52,628 shares of the transportation company's stock worth $321,000 after buying an additional 4,355 shares during the period. Fifth Third Wealth Advisors LLC bought a new position in JetBlue Airways during the second quarter worth about $63,000. Rockland Trust Co. acquired a new stake in JetBlue Airways in the 2nd quarter worth about $64,000. Louisiana State Employees Retirement System boosted its holdings in JetBlue Airways by 3.6% in the 2nd quarter. Louisiana State Employees Retirement System now owns 171,100 shares of the transportation company's stock valued at $1,042,000 after purchasing an additional 6,000 shares during the period. Finally, Arkadios Wealth Advisors bought a new stake in JetBlue Airways in the 2nd quarter valued at about $130,000. Institutional investors 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.