JetBlue Airways Corporation (NASDAQ:JBLU) Stock Rated “Reduce” by Wall Street Analysts

JetBlue Airways Corporation (NASDAQ:JBLU) has been given a consensus rating of “Reduce” by the fourteen research firms that are presently covering the company, MarketBeat.com reports. Four investment analysts have rated the stock with a sell rating, nine have issued a hold rating and one has given a buy rating to the company. The average 1 year price target among brokers that have covered the stock in the last year is $4.98.

Several analysts have issued reports on JBLU shares. Wall Street Zen cut JetBlue Airways from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a research report on Thursday, October 15th. Seaport Research Partners lowered JetBlue Airways from a “buy” rating to a “neutral” rating in a research report on Monday, August 17th. Barclays decreased their price objective on JetBlue Airways from $7.00 to $5.00 and set an “equal weight” rating for the company in a research note on Friday, September 11th. Finally, UBS Group raised their price objective on JetBlue Airways from $3.50 to $4.00 and gave the company a “neutral” rating in a research report on Tuesday.

JetBlue Airways Price Performance

Shares of JBLU opened at $4.02 on Friday. The company has a debt-to-equity ratio of 5.92, a quick ratio of 0.55 and a current ratio of 0.63. The company has a 50 day moving average price of $3.79 and a 200-day moving average price of $4.86. JetBlue Airways has a fifty-two week low of $2.16 and a fifty-two week high of $6.62. The stock has a market capitalization of $1.52 billion, a PE ratio of -1.50 and a beta of 1.90.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings data on Monday, October 26th. The transportation company reported ($0.60) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.55) by ($0.05). The business had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.83 billion. JetBlue Airways had a negative net margin of 10.01% and a negative return on equity of 56.96%. The business’s quarterly revenue was up 21.1% compared to the same quarter last year. During the same period in the previous year, the business earned ($0.40) earnings per share. Equities analysts predict that JetBlue Airways will post -2.71 earnings per share for the current fiscal year.

Top JetBlue Airways Stories

Investors following JBLU have been watching these stories:

• Positive Sentiment: JetBlue unveiled BlueFirst, a domestic first-class product intended to attract higher-paying travelers and support its return to profitability. The strategy could improve revenue if customer demand and execution are strong. Reuters article
• Neutral Sentiment: CEO Joanna Geraghty said JetBlue is focused on its turnaround and ruled out a merger or reorganization, pushing back on creditor concerns. That clarifies management’s plan, but leaves the company reliant on improving its own performance rather than a deal or restructuring. CNBC article Seeking Alpha article
• Negative Sentiment: Zacks Research cut several forecasts, including FY2026 EPS to a loss of $2.77 from $2.42 and FY2027 EPS to a loss of $0.96 from $0.53. The broad revisions point to weaker expected profitability and may weigh on sentiment.

Insider Buying and Selling

In other news, Director Nik Mittal purchased 100,000 shares of the firm’s stock in a transaction on Tuesday, November 3rd. The stock was acquired at an average cost of $3.24 per share, with a total value of $324,000.00. Following the completion of the transaction, the director owned 238,537 shares in the company, valued at $772,859.88. This represents a 72.18% increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through the SEC website. Insiders have sold 6,000 shares of company stock valued at $23,920 in the last ninety days. Insiders own 2.41% of the company’s stock.

Institutional Trading of JetBlue Airways

A number of institutional investors have recently modified their holdings of JBLU. Bank of America Corp DE purchased a new stake in JetBlue Airways during the second quarter valued at approximately $20,022,000. Counterpoint Mutual Funds LLC boosted its stake in JetBlue Airways by 91.1% in the third quarter. Counterpoint Mutual Funds LLC now owns 2,297,994 shares of the transportation company’s stock valued at $9,721,000 after acquiring an additional 1,095,610 shares in the last quarter. Quantinno Capital Management LP grew its holdings in JetBlue Airways by 509.5% in the first quarter. Quantinno Capital Management LP now owns 649,600 shares of the transportation company’s stock worth $2,871,000 after purchasing an additional 543,017 shares during the last quarter. WINTON GROUP Ltd grew its holdings in JetBlue Airways by 95.6% in the second quarter. WINTON GROUP Ltd now owns 553,212 shares of the transportation company’s stock worth $3,170,000 after purchasing an additional 270,358 shares during the last quarter. Finally, GSA Capital Partners LLP purchased a new position in JetBlue Airways in the second quarter worth $1,725,000. 83.71% of the stock is currently owned by institutional investors.

About JetBlue Airways

JetBlue Airways Corporation is a U.S. passenger airline headquartered in Long Island City, New York. Founded in 1998, the company began flying in 2000 and operates scheduled service across the United States and to destinations in the Caribbean, Latin America, Canada and Europe. The airline offers economy and premium travel options, including its Mint business-class service on select routes and additional-legroom seating. JetBlue also provides loyalty rewards through its TrueBlue program and sells vacation packages combining flights with other travel services.