JetBlue Airways Q2 EPS Estimate Raised by Zacks Research

JetBlue Airways Corporation (NASDAQ:JBLU) – Research analysts at Zacks Research increased their Q2 2026 EPS estimates for JetBlue Airways in a report issued on Wednesday, July 8th. Zacks Research analyst Team now anticipates that the transportation company will earn ($0.78) per share for the quarter, up from their prior estimate of ($0.84). The consensus estimate for JetBlue Airways’ current full-year earnings is ($2.53) per share. Zacks Research also issued estimates for JetBlue Airways’ Q3 2026 earnings at ($0.91) EPS, Q4 2026 earnings at ($1.01) EPS, FY2026 earnings at ($3.57) EPS, Q2 2027 earnings at ($0.16) EPS, FY2027 earnings at ($0.21) EPS, Q2 2028 earnings at $0.17 EPS and FY2028 earnings at $0.49 EPS.

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

Other research analysts have also recently issued reports about the company. Raymond James Financial reiterated an “underperform” rating on shares of JetBlue Airways in a research note on Monday. The Goldman Sachs Group increased their target price on JetBlue Airways from $3.50 to $4.50 and gave the company a “sell” rating in a research report on Thursday, July 2nd. Bank of America boosted their price target on JetBlue Airways from $3.50 to $4.00 and gave the stock an “underperform” rating in a report on Wednesday, July 1st. Seaport Research Partners upgraded shares of JetBlue Airways from a “neutral” rating to a “buy” rating and set a $8.00 price objective for the company in a report on Thursday, April 16th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a report on Tuesday, April 21st. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and six have assigned a Sell rating to the company. Based on data from MarketBeat, JetBlue Airways presently has an average rating of “Reduce” and a consensus price target of $5.31.

JetBlue Airways Stock Performance

Shares of JetBlue Airways stock opened at $5.92 on Friday. The company’s 50 day moving average price is $5.22 and its two-hundred day moving average price is $5.11. The firm has a market capitalization of $2.20 billion, a P/E ratio of -3.05 and a beta of 1.73. JetBlue Airways has a fifty-two week low of $3.87 and a fifty-two week high of $6.50. The company has a debt-to-equity ratio of 4.25, a current ratio of 0.70 and a quick ratio of 0.64.

Insider Activity

In other JetBlue Airways news, Director Thomas Winkelmann sold 35,473 shares of the firm’s stock in a transaction that occurred on Friday, May 1st. The stock was sold at an average price of $4.70, for a total value of $166,723.10. Following the completion of the sale, the director owned 13,379 shares of the company’s stock, valued at approximately $62,881.30. This trade represents a 72.61% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through this hyperlink. Also, Director Vivek Sharma sold 32,000 shares of JetBlue Airways stock in a transaction dated Thursday, May 28th. The shares were sold at an average price of $5.41, for a total transaction of $173,120.00. Following the transaction, the director owned 35,479 shares of the company’s stock, valued at $191,941.39. This represents a 47.42% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Company insiders own 2.41% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of JBLU. Goldman Sachs Group Inc. raised its position in JetBlue Airways by 85.6% in the 4th quarter. Goldman Sachs Group Inc. now owns 12,124,292 shares of the transportation company’s stock valued at $55,166,000 after buying an additional 5,591,470 shares during the last quarter. U S Global Investors Inc. grew its stake in shares of JetBlue Airways by 17.2% in the 1st quarter. U S Global Investors Inc. now owns 5,542,536 shares of the transportation company’s stock worth $24,498,000 after acquiring an additional 813,782 shares in the last quarter. Par Capital Management Inc. raised its holdings in shares of JetBlue Airways by 105.3% in the second quarter. Par Capital Management Inc. now owns 5,487,425 shares of the transportation company’s stock valued at $23,212,000 after purchasing an additional 2,814,870 shares during the last quarter. Invesco Ltd. raised its holdings in shares of JetBlue Airways by 10.1% in the second quarter. Invesco Ltd. now owns 4,513,312 shares of the transportation company’s stock valued at $19,091,000 after purchasing an additional 412,921 shares during the last quarter. Finally, Deutsche Bank AG lifted its position in shares of JetBlue Airways by 1,157.9% during the fourth quarter. Deutsche Bank AG now owns 3,356,021 shares of the transportation company’s stock valued at $15,270,000 after purchasing an additional 3,089,226 shares in the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

JetBlue Airways News Summary

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: Zacks Research raised JetBlue’s earnings outlook across several periods, including FY2026, FY2027, FY2028, and multiple quarterly estimates, signaling a modestly better profit trajectory for JBLU.
• Positive Sentiment: JetBlue also announced the launch of its largest-ever Fort Lauderdale schedule, adding nonstop routes and reinforcing its long-term expansion in South Florida, which may support revenue growth. JetBlue Launches Largest-Ever Fort Lauderdale Schedule, Reinforcing Long-Term Commitment to South Florida
• Neutral Sentiment: Longer-term analyst revisions remain mixed in context because JetBlue is still expected to post losses in the near term, even though estimates are trending in a better direction.
• Negative Sentiment: JetBlue has also been caught in a broad airline selloff tied to rising crude oil prices, which can weigh on margins by increasing fuel expenses. American Airlines Sinks 5%, United Falls 4%, Delta and JetBlue Slip 3% as Crude Oil Jumps
• Negative Sentiment: Separate commentary highlighted JetBlue as one of several “at-risk” airline/consumer brands, reflecting ongoing investor concern about balance-sheet leverage and earnings volatility. What Prediction Markets Say About 3 of America’s Most At-Risk Brands

JetBlue Airways Company Profile

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.