Jet.AI (JTAI) Stock Price, News & Analysis

Company Overview

Jet.AI Inc. primarily engages in the development and operation of private aviation platforms. The company operates CharterGPT, a booking platform that functions as a prospecting and quoting platform to arrange private jet travel with its aircrafts and third-party carriers. It also provides Reroute AI software that recycles aircraft waiting to return to base into prospective new charter bookings to destinations within specific distances; and DynoFlight, a software application programming interface (API), which enables aircraft operators to track and estimate emissions, and purchase carbon offset credits. In addition, the company offers Flight Club API, an aviation software, that enables FAA Part 135 operators to function simultaneously under FAA Part 380, which permits sale of private jet service by the seat instead of by whole aircraft. Further, it offers aircraft charter, management, and brokerage services. The company was founded in 2018 and is headquartered in Las Vegas, Nevada.

Key Stats

• Today's Range: $0.06 to $0.07
• 50-Day Range: $0.06 to $0.19
• 52-Week Range: $0.06 to $4.47
• Volume: 14.43 million shs
• Average Volume: 115.04 million shs
• Market Capitalization: $3.98 million
• P/E Ratio: N/A
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

Jet.AI Stock Analysis - MarketRank™

Jet.AI scored higher than 6% of companies evaluated by MarketBeat. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for Jet.AI.

Earnings and Valuation

• Score: 0.0 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of Jet.AI is -0.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Price to Earnings Ratio vs. Sector

The P/E ratio of Jet.AI is -0.05, which means that its earnings are negative and its P/E ratio cannot be compared to companies with positive earnings.

Short Interest

• Score: 2.0 / 5
• Short Interest Level: Bearish

Percentage of Shares Shorted

69.35% of the float of Jet.AI has been sold short.

Short Interest Ratio / Days to Cover

Jet.AI has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Jet.AI has recently increased by 369.62%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

Jet.AI does not currently pay a dividend.

Dividend Growth

Jet.AI does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

69.35% of the float of Jet.AI has been sold short.

Short Interest Ratio / Days to Cover

Jet.AI has a short interest ratio ("days to cover") of 0.2, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in Jet.AI has recently increased by 369.62%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.9 / 5
• News Sentiment: N/A

News Sentiment

Jet.AI has a news sentiment score of -0.50. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.58 average news sentiment score of Multi-Sector Conglomerates companies.

News Coverage This Week

MarketBeat has tracked 1 news article for Jet.AI this week, compared to 1 article on an average week.

Search Interest

5 people have searched for JTAI on MarketBeat in the last 30 days. This is an increase of 400% compared to the previous 30 days.

MarketBeat Follows

6 people have added Jet.AI to their MarketBeat watchlist in the last 30 days. This is an increase of 500% compared to the previous 30 days.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: N/A

Insider Buying vs. Insider Selling

In the past three months, Jet.AI insiders have not sold or bought any company stock.

Percentage Held by Insiders

34.00% of the stock of Jet.AI is held by insiders. A high percentage of insider ownership can be a sign of company health.

Percentage Held by Institutions

Only 5.51% of the stock of Jet.AI is held by institutions.

JTAI Stock Analysis - Frequently Asked Questions

How have JTAI shares performed this year?

Jet.AI's stock was trading at $1.44 on January 1st, 2024. Since then, JTAI stock has decreased by 95.7% and is now trading at $0.0619.
View the best growth stocks for 2024 here.

How were Jet.AI's earnings last quarter?

Jet.AI Inc. (NASDAQ:JTAI) posted its earnings results on Wednesday, August, 14th. The company reported ($0.25) earnings per share (EPS) for the quarter. The company had revenue of $3.08 million for the quarter.

How do I buy shares of Jet.AI?

Shares of JTAI stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of Jet.AI own?

Based on aggregate information from My MarketBeat watchlists, some other companies that Jet.AI investors own include Broadcom (AVGO), NVIDIA (NVDA), Meta Platforms (META), Advanced Micro Devices (AMD), Micron Technology (MU), Tesla (TSLA) and AST SpaceMobile (ASTS).

Company Calendar

• Last Earnings: 8/14/2024
• Today: 11/02/2024
• Next Earnings (Estimated): 11/18/2024
• Fiscal Year End: 12/31/2024

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Multi-Sector Conglomerates
• Industry: Air transportation, nonscheduled
• Sub-Industry: Transportation
• Current Symbol: NASDAQ:JTAI
• CUSIP: N/A
• CIK: 1861622
• Web: jet.ai
• Phone: 34-57-497-57
• Fax: N/A
• Employees: 9
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): ($1.37)
• Trailing P/E Ratio: N/A
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-12,620,000.00
• Net Margins: -96.20%
• Pretax Margin: -95.97%
• Return on Equity: N/A
• Return on Assets: -275.29%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.33
• Quick Ratio: 0.33

Sales & Book Value

• Annual Sales: $12.22 million
• Price / Sales: 0.33
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: ($0.40) per share
• Price / Book: -0.15

Miscellaneous

• Outstanding Shares: 64,250,000
• Free Float: 42,408,000
• Market Cap: $3.98 million
• Optionable: Not Optionable
• Beta: 0.27