JetBlue Airways (NASDAQ:JBLU) Price Target Cut to $4.40 by Analysts at Citigroup

JetBlue Airways (NASDAQ:JBLU) had its target price trimmed by Citigroup from $6.00 to $4.40 in a research note published on Friday morning,Benzinga reports. The firm currently has a neutral rating on the transportation company’s stock.

Several other equities analysts have also weighed in on JBLU. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a research report on Thursday, January 22nd. Morgan Stanley reduced their target price on shares of JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, December 8th. UBS Group decreased their price target on shares of JetBlue Airways from $4.00 to $3.50 and set a “sell” rating on the stock in a research note on Monday, March 16th. Evercore increased their price target on shares of JetBlue Airways from $5.00 to $6.00 and gave the company an “in-line” rating in a report on Thursday, January 29th. Finally, Susquehanna raised their price objective on shares of JetBlue Airways from $4.55 to $5.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. One equities research analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat, the company has an average rating of “Reduce” and an average price target of $4.83.

JetBlue Airways Stock Performance

Shares of NASDAQ JBLU opened at $4.03 on Friday. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 3.65. The company has a market capitalization of $1.49 billion, a P/E ratio of -2.41 and a beta of 1.72. JetBlue Airways has a 12 month low of $3.34 and a 12 month high of $6.50. The stock has a 50 day moving average of $5.21 and a 200-day moving average of $4.88.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings results on Tuesday, January 27th. The transportation company reported ($0.49) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.04). JetBlue Airways had a negative net margin of 6.64% and a negative return on equity of 25.62%. The business had revenue of $2.24 billion during the quarter, compared to the consensus estimate of $2.22 billion. During the same quarter last year, the company posted ($0.21) EPS. The firm’s revenue was down 1.4% on a year-over-year basis. As a group, equities research analysts predict that JetBlue Airways will post -0.69 EPS for the current year.

Institutional Trading of JetBlue Airways

Institutional investors have recently bought and sold shares of the business. Rockefeller Capital Management L.P. increased its holdings in shares of JetBlue Airways by 157.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock worth $25,000 after purchasing an additional 3,373 shares during the period. Caitong International Asset Management Co. Ltd boosted its stake in shares of JetBlue Airways by 639.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 5,839 shares of the transportation company’s stock valued at $29,000 after buying an additional 5,049 shares during the period. Kestra Advisory Services LLC bought a new stake in shares of JetBlue Airways in the fourth quarter valued at approximately $30,000. Leonteq Securities AG acquired a new stake in JetBlue Airways during the fourth quarter worth approximately $32,000. Finally, Bogart Wealth LLC increased its stake in JetBlue Airways by 12,727.3% during the 3rd quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock worth $35,000 after acquiring an additional 7,000 shares during the period. 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: JetBlue raised its Q1/unit‑revenue outlook and reported stronger-than-expected demand across cabins, saying higher revenue trends are helping offset fuel headwinds. This supports near‑term revenue momentum. Read More.
• Positive Sentiment: TD Cowen bumped its price target to $5 from $4 and kept a Hold rating after conference takeaways showed better‑than‑expected fuel impact and bookings, giving some analyst support to the shares. Read More.
• Neutral Sentiment: Oil prices pulled back in Europe, briefly improving sentiment for airline and leisure stocks; a weaker oil backdrop would help JetBlue’s cost outlook but recent geopolitical volatility keeps the outlook unstable. Read More.
• Negative Sentiment: UBS cut its price target to $3.50 (from $4), saying rising fuel prices increase airline uncertainty and volatility — a direct headwind to JBLU’s valuation and a likely contributor to today’s selling pressure. Read More.
• Negative Sentiment: Citigroup lowered its price target from $6.00 to $4.40 and assigned a Neutral rating; the cut reduces upside expectations and signals analyst caution despite some operational improvements. Read More.
• Negative Sentiment: Analysts remain wary: the sector faces higher jet fuel assumptions and recent earnings showed losses and margin pressure for JetBlue, leaving consensus sentiment skewed toward Reduce/Neutral even as demand holds up. This analyst mix heightens downside risk. Read More.

About JetBlue Airways

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.