JetBlue Airways Q2 EPS Forecast Increased by Zacks Research

JetBlue Airways Corporation (NASDAQ:JBLU) – Zacks Research raised their Q2 2027 earnings estimates for JetBlue Airways in a report released on Friday, January 16th. Zacks Research analyst Team now expects that the transportation company will earn $0.06 per share for the quarter, up from their previous estimate of $0.04. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for JetBlue Airways’ Q3 2027 earnings at $0.07 EPS and FY2027 earnings at $0.08 EPS.

Several other brokerages have also recently issued reports on JBLU. Citigroup dropped their target price on JetBlue Airways from $4.10 to $4.00 and set a “sell” rating on the stock in a research report on Wednesday, January 7th. Susquehanna boosted their price objective on shares of JetBlue Airways from $4.55 to $5.00 and gave the company a “neutral” rating in a research report on Friday, January 9th. The Goldman Sachs Group raised their target price on JetBlue Airways from $3.50 to $4.00 and gave the stock a “sell” rating in a report on Tuesday, January 13th. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a report on Wednesday, October 8th. Finally, Morgan Stanley decreased their price objective on JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating on the stock in a research note on Monday, December 8th. Six equities research analysts have rated the stock with a Hold rating and six have issued a Sell rating to the company’s stock. According to MarketBeat.com, the stock presently has a consensus rating of “Reduce” and an average target price of $4.93.

JetBlue Airways Trading Up 8.0%

Shares of NASDAQ:JBLU opened at $5.38 on Monday. JetBlue Airways has a 1 year low of $3.34 and a 1 year high of $8.31. The stock’s fifty day moving average price is $4.69 and its 200-day moving average price is $4.72. The company has a market cap of $1.96 billion, a P/E ratio of -4.08 and a beta of 1.78. The company has a debt-to-equity ratio of 3.42, a current ratio of 0.82 and a quick ratio of 0.77.

JetBlue Airways (NASDAQ:JBLU) last announced its earnings results on Tuesday, October 28th. The transportation company reported ($0.40) EPS for the quarter, beating analysts’ consensus estimates of ($0.43) by $0.03. JetBlue Airways had a negative net margin of 5.16% and a negative return on equity of 19.87%. The firm had revenue of $2.32 billion for the quarter, compared to analysts’ expectations of $2.32 billion. During the same quarter in the previous year, the business posted ($0.16) EPS. The company’s quarterly revenue was down 1.8% on a year-over-year basis.

Institutional Inflows and Outflows

Several institutional investors have recently bought and sold shares of JBLU. Perigon Wealth Management LLC bought a new position in JetBlue Airways in the fourth quarter worth approximately $55,000. SG Americas Securities LLC boosted its holdings in JetBlue Airways by 72.8% in the fourth quarter. SG Americas Securities LLC now owns 839,551 shares of the transportation company’s stock worth $3,820,000 after acquiring an additional 353,606 shares in the last quarter. Wealth Enhancement Advisory Services LLC grew its stake in JetBlue Airways by 51.1% during the 4th quarter. Wealth Enhancement Advisory Services LLC now owns 16,084 shares of the transportation company’s stock valued at $73,000 after purchasing an additional 5,439 shares during the last quarter. Roxbury Financial LLC purchased a new position in JetBlue Airways during the 4th quarter worth approximately $242,000. Finally, Foguth Wealth Management LLC. purchased a new position in shares of JetBlue Airways during the fourth quarter worth $95,000. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

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.