Q2 EPS Estimates for JetBlue Airways Cut by Zacks Research

JetBlue Airways Corporation (NASDAQ:JBLU) – Research analysts at Zacks Research cut their Q2 2026 earnings per share (EPS) estimates for shares of JetBlue Airways in a research report issued to clients and investors on Tuesday, May 12th. Zacks Research analyst Team now anticipates that the transportation company will post earnings per share of ($0.84) for the quarter, down from their prior estimate of ($0.03). The consensus estimate for JetBlue Airways’ current full-year earnings is ($2.70) per share. Zacks Research also issued estimates for JetBlue Airways’ Q3 2026 earnings at ($0.99) EPS, Q4 2026 earnings at ($1.05) EPS, FY2026 earnings at ($3.75) EPS, Q2 2027 earnings at ($0.21) EPS, Q3 2027 earnings at $0.09 EPS, Q4 2027 earnings at $0.04 EPS and FY2028 earnings at $0.34 EPS.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings results on Tuesday, April 28th. The transportation company reported ($0.87) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.72) by ($0.15). The company had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.24 billion. JetBlue Airways had a negative return on equity of 32.76% and a negative net margin of 7.78%.The company’s revenue for the quarter was up 4.7% compared to the same quarter last year. During the same period in the prior year, the business posted ($0.59) EPS.

JBLU has been the topic of a number of other research reports. Citigroup dropped their price target on JetBlue Airways from $6.00 to $4.40 and set a “neutral” rating on the stock in a research note on Friday, March 20th. Susquehanna raised their price objective on JetBlue Airways from $4.00 to $5.00 and gave the stock a “neutral” rating in a research report on Thursday, April 30th. JPMorgan Chase & Co. raised their price objective on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Weiss Ratings restated a “sell (d-)” rating on shares of JetBlue Airways in a research report on Tuesday, April 21st. Finally, TD Cowen upgraded JetBlue Airways from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and four have given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and an average price target of $4.88.

JetBlue Airways Trading Down 0.6%

Shares of JBLU opened at $4.70 on Thursday. The business’s 50-day moving average price is $4.75 and its 200 day moving average price is $4.87. The stock has a market capitalization of $1.75 billion, a P/E ratio of -2.42 and a beta of 1.69. JetBlue Airways has a 1-year low of $3.84 and a 1-year high of $6.50. The company has a current ratio of 0.70, a quick ratio of 0.64 and a debt-to-equity ratio of 4.25.

Insider Activity

In other news, Director Thomas Winkelmann sold 35,473 shares of JetBlue Airways stock in a transaction dated Friday, May 1st. The stock was sold at an average price of $4.70, for a total transaction of $166,723.10. Following the completion of the sale, the director directly owned 13,379 shares in the company, valued at $62,881.30. The trade was a 72.61% decrease in their position. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. 2.41% of the stock is currently owned by corporate insiders.

Institutional Inflows and Outflows

A number of institutional investors have recently made changes to their positions in JBLU. AQR Capital Management LLC raised its stake in shares of JetBlue Airways by 131.2% in the 1st quarter. AQR Capital Management LLC now owns 90,534 shares of the transportation company’s stock valued at $436,000 after acquiring an additional 51,377 shares in the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in shares of JetBlue Airways by 4.5% in the 1st quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 185,801 shares of the transportation company’s stock valued at $896,000 after acquiring an additional 8,053 shares in the last quarter. Goldman Sachs Group Inc. raised its stake in shares of JetBlue Airways by 6.1% in the 1st quarter. Goldman Sachs Group Inc. now owns 4,789,448 shares of the transportation company’s stock valued at $23,085,000 after acquiring an additional 274,892 shares in the last quarter. United Services Automobile Association bought a new position in shares of JetBlue Airways in the 1st quarter valued at approximately $106,000. Finally, Cetera Investment Advisers raised its stake in shares of JetBlue Airways by 10.7% in the 2nd quarter. Cetera Investment Advisers now owns 30,678 shares of the transportation company’s stock valued at $130,000 after acquiring an additional 2,954 shares in the last quarter. 83.71% of the stock is owned by institutional investors.

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.