Zacks Research Weighs in on JetBlue Airways Co.’s FY2026 Earnings (NASDAQ:JBLU)

JetBlue Airways Co. (NASDAQ:JBLU) – Equities researchers at Zacks Research boosted their FY2026 earnings per share (EPS) estimates for JetBlue Airways in a research report issued on Friday, May 3rd. Zacks Research analyst M. Basu now expects that the transportation company will post earnings of $0.36 per share for the year, up from their previous forecast of $0.35. The consensus estimate for JetBlue Airways’ current full-year earnings is ($1.01) per share.

Other research analysts have also issued reports about the stock. TD Cowen cut their target price on shares of JetBlue Airways from $7.00 to $6.00 and set a “hold” rating for the company in a research report on Tuesday, April 23rd. Barclays reduced their price objective on JetBlue Airways from $6.00 to $5.00 and set an “underweight” rating on the stock in a research report on Monday. UBS Group assumed coverage on JetBlue Airways in a research report on Wednesday, March 20th. They issued a “sell” rating and a $5.00 target price for the company. Evercore ISI increased their price target on shares of JetBlue Airways from $5.00 to $8.00 and gave the company an “in-line” rating in a research report on Thursday, April 4th. Finally, Bank of America downgraded shares of JetBlue Airways from a “neutral” rating to an “underperform” rating and decreased their price target for the stock from $6.00 to $3.00 in a research note on Tuesday, January 9th. Five equities research analysts have rated the stock with a sell rating, five have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, the stock presently has an average rating of “Hold” and an average price target of $5.68.

JetBlue Airways Price Performance

Shares of NASDAQ:JBLU opened at $5.66 on Monday. The company’s fifty day moving average price is $6.74 and its 200-day moving average price is $5.74. The company has a debt-to-equity ratio of 1.78, a current ratio of 0.54 and a quick ratio of 0.51. The firm has a market capitalization of $1.93 billion, a price-to-earnings ratio of -2.29 and a beta of 1.89. JetBlue Airways has a one year low of $3.42 and a one year high of $9.45.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings data on Tuesday, April 23rd. The transportation company reported ($0.43) EPS for the quarter, topping the consensus estimate of ($0.53) by $0.10. The company had revenue of $2.20 billion during the quarter, compared to analyst estimates of $2.20 billion. JetBlue Airways had a negative return on equity of 5.72% and a negative net margin of 8.79%. JetBlue Airways’s revenue was down 5.5% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.34) earnings per share.

Institutional Inflows and Outflows

Hedge funds have recently added to or reduced their stakes in the stock. Vanguard Group Inc. increased its position in shares of JetBlue Airways by 9.2% during the third quarter. Vanguard Group Inc. now owns 36,705,537 shares of the transportation company’s stock valued at $168,845,000 after buying an additional 3,099,071 shares during the period. U S Global Investors Inc. lifted its stake in shares of JetBlue Airways by 24.2% in the 4th quarter. U S Global Investors Inc. now owns 9,781,327 shares of the transportation company’s stock valued at $54,286,000 after purchasing an additional 1,903,910 shares during the period. Invesco Ltd. lifted its stake in shares of JetBlue Airways by 107.2% in the 3rd quarter. Invesco Ltd. now owns 3,462,036 shares of the transportation company’s stock valued at $15,925,000 after purchasing an additional 1,791,273 shares during the period. American Century Companies Inc. boosted its position in shares of JetBlue Airways by 49.6% during the third quarter. American Century Companies Inc. now owns 4,576,623 shares of the transportation company’s stock valued at $21,052,000 after purchasing an additional 1,518,328 shares in the last quarter. Finally, AQR Capital Management LLC grew its stake in JetBlue Airways by 136.3% in the third quarter. AQR Capital Management LLC now owns 2,480,796 shares of the transportation company’s stock worth $11,412,000 after purchasing an additional 1,431,113 shares during the period. 83.71% of the stock is owned by hedge funds and other institutional investors.

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.