JetBlue Airways Q3 EPS Estimate Increased by Zacks Research

JetBlue Airways Co. (NASDAQ:JBLU) – Stock analysts at Zacks Research upped their Q3 2026 earnings per share estimates for shares of JetBlue Airways in a research report issued to clients and investors on Wednesday, April 2nd. Zacks Research analyst M. Basu now anticipates that the transportation company will earn $0.10 per share for the quarter, up from their prior estimate of $0.09. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for JetBlue Airways’ Q3 2026 earnings at $0.10 EPS, Q1 2027 earnings at $0.12 EPS, FY2027 earnings at $0.69 EPS and FY2027 earnings at $0.69 EPS.

JBLU has been the topic of a number of other reports. UBS Group decreased their price objective on JetBlue Airways from $5.50 to $5.00 and set a “sell” rating on the stock in a research report on Wednesday, January 29th. Citigroup increased their price target on JetBlue Airways from $6.85 to $7.60 and gave the company a “neutral” rating in a report on Wednesday, December 18th. Morgan Stanley reaffirmed an “equal weight” rating and set a $8.00 price objective on shares of JetBlue Airways in a research note on Wednesday, December 11th. Deutsche Bank Aktiengesellschaft downgraded shares of JetBlue Airways from a “buy” rating to a “hold” rating and reduced their target price for the company from $9.00 to $7.00 in a research note on Tuesday, March 4th. Finally, Bank of America dropped their price target on shares of JetBlue Airways from $5.25 to $4.25 and set an “underperform” rating for the company in a research note on Thursday. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the company’s stock. Based on data from MarketBeat.com, JetBlue Airways currently has an average rating of “Hold” and an average target price of $6.12.

JetBlue Airways Stock Down 5.5 %

Shares of NASDAQ JBLU opened at $3.94 on Friday. The stock has a market capitalization of $1.39 billion, a price-to-earnings ratio of -1.68 and a beta of 1.80. JetBlue Airways has a 12-month low of $3.62 and a 12-month high of $8.31. The company has a current ratio of 1.10, a quick ratio of 1.18 and a debt-to-equity ratio of 3.08. The firm’s 50-day moving average price is $6.07 and its 200-day moving average price is $6.60.

JetBlue Airways (NASDAQ:JBLU) last released its quarterly earnings data on Tuesday, January 28th. The transportation company reported ($0.21) EPS for the quarter, beating the consensus estimate of ($0.42) by $0.21. JetBlue Airways had a negative net margin of 8.57% and a negative return on equity of 9.31%. During the same quarter last year, the company earned ($0.19) earnings per share.

Institutional Inflows and Outflows

Large investors have recently modified their holdings of the company. Blue Trust Inc. increased its position in shares of JetBlue Airways by 130.8% in the 4th quarter. Blue Trust Inc. now owns 4,478 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 2,538 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors purchased a new stake in JetBlue Airways in the 4th quarter valued at $40,000. Bogart Wealth LLC increased its position in JetBlue Airways by 67.8% during the fourth quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock worth $55,000 after purchasing an additional 2,850 shares during the last quarter. R Squared Ltd purchased a new stake in JetBlue Airways in the fourth quarter valued at $58,000. Finally, Glenmede Trust Co. NA acquired a new stake in shares of JetBlue Airways during the third quarter valued at about $66,000. Institutional investors own 83.71% of the company’s stock.

Insider Buying and Selling at JetBlue Airways

In other JetBlue Airways news, Director Nik Mittal bought 100,000 shares of the business’s stock in a transaction on Tuesday, February 4th. The shares were acquired at an average price of $6.14 per share, with a total value of $614,000.00. Following the transaction, the director now owns 116,443 shares of the company’s stock, valued at approximately $714,960.02. This trade represents a 608.16 % increase in their position. The purchase was disclosed in a legal filing with the SEC, which can be accessed through this hyperlink. Also, CFO Ursula L. Hurley sold 15,000 shares of the company’s stock in a transaction that occurred on Tuesday, February 18th. The stock was sold at an average price of $7.50, for a total transaction of $112,500.00. Following the completion of the sale, the chief financial officer now directly owns 41,833 shares of the company’s stock, valued at $313,747.50. The trade was a 26.39 % decrease in their position. The disclosure for this sale can be found here. 1.18% of the stock is owned by corporate insiders.

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.