Equities Analysts Set Expectations for JetBlue Airways Co.’s FY2026 Earnings (NASDAQ:JBLU)

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

JBLU has been the topic of several other reports. Susquehanna lifted their price target on shares of JetBlue Airways from $5.00 to $6.00 and gave the company a “neutral” rating in a report on Tuesday, April 9th. Evercore ISI upped their price target on shares of JetBlue Airways from $5.00 to $8.00 and gave the stock an “in-line” rating in a report on Thursday, April 4th. UBS Group initiated coverage on JetBlue Airways in a report on Wednesday, March 20th. They set a “sell” rating and a $5.00 price objective on the stock. TD Cowen reduced their price objective on JetBlue Airways from $7.00 to $6.00 and set a “hold” rating on the stock in a research report on Tuesday, April 23rd. Finally, Bank of America lowered JetBlue Airways from a “neutral” rating to an “underperform” rating and cut their price target for the company from $6.00 to $3.00 in a research note on Tuesday, January 9th. Five 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. Based on data from MarketBeat.com, the company currently has an average rating of “Hold” and an average price target of $5.68.

JetBlue Airways Stock Performance

JetBlue Airways stock opened at $5.93 on Monday. The company has a quick ratio of 0.51, a current ratio of 0.54 and a debt-to-equity ratio of 1.78. The stock has a market cap of $2.02 billion, a PE ratio of -2.40 and a beta of 1.89. JetBlue Airways has a 12-month low of $3.42 and a 12-month high of $9.45. The business’s 50-day moving average price is $6.75 and its two-hundred day moving average price is $5.73.

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

Institutional Trading of JetBlue Airways

Several hedge funds have recently modified their holdings of the stock. Empowered Funds LLC grew its holdings in JetBlue Airways by 41.6% in the first quarter. Empowered Funds LLC now owns 1,080,044 shares of the transportation company’s stock worth $8,014,000 after purchasing an additional 317,097 shares during the period. Texas Permanent School Fund Corp boosted its position in shares of JetBlue Airways by 1.4% during the 1st quarter. Texas Permanent School Fund Corp now owns 291,021 shares of the transportation company’s stock worth $2,159,000 after purchasing an additional 4,157 shares in the last quarter. PDS Planning Inc grew its stake in shares of JetBlue Airways by 18.2% in the 1st quarter. PDS Planning Inc now owns 13,947 shares of the transportation company’s stock valued at $103,000 after buying an additional 2,148 shares during the period. Resonant Capital Advisors LLC acquired a new stake in shares of JetBlue Airways in the 1st quarter valued at about $74,000. Finally, BNP Paribas Financial Markets increased its position in JetBlue Airways by 21.1% in the 1st quarter. BNP Paribas Financial Markets now owns 486,676 shares of the transportation company’s stock valued at $3,611,000 after buying an additional 84,766 shares in the last quarter. Institutional investors own 83.71% of the company’s stock.

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.