JetBlue Airways (NASDAQ:JBLU) Hits New 1-Year Low on Disappointing Earnings

JetBlue Airways Corporation (NASDAQ:JBLU)’s stock price hit a new 52-week low during trading on Monday after the company announced weaker than expected quarterly earnings. The stock traded as low as $2.38 and last traded at $2.3550, with a volume of 9,262,206 shares trading hands. The stock had previously closed at $2.63.

The transportation company reported ($0.60) EPS for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.05). The company had revenue of $2.81 billion for the quarter, compared to analysts’ expectations of $2.83 billion. During the same period last year, the company earned ($0.40) earnings per share. The business’s revenue for the quarter was up 21.1% on a year-over-year basis.

Key JetBlue Airways News

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

• Positive Sentiment: Stronger outlook: JetBlue forecast fourth-quarter revenue growth and margin improvement, supported by resilient demand, higher fares and better yields. Management also reaffirmed its goal of returning to profitability by 2028. Stock Market Today, Oct. 27: JetBlue Surges 19% on Stronger Q4 Revenue Guidance and Margin Improvement
• Positive Sentiment: Liquidity reassures investors: JetBlue reported approximately $2.2 billion in liquidity at the end of the third quarter. CEO Joanna Geraghty emphasized business progress and sought to calm concerns that creditors’ restructuring advisers could lead to a bankruptcy process. JetBlue shares rally as airline seeks to calm financial concerns
• Positive Sentiment: Revenue momentum: Third-quarter operating revenue increased 21.1% year over year to about $2.81 billion. Management said demand and yields allowed the company to offset more of the fuel-cost increase than initially expected. JetBlue Announces Third Quarter 2026 Results
• Neutral Sentiment: Mixed analyst reaction: UBS upgraded JetBlue from Sell to Neutral, reflecting reduced downside expectations, but the company’s highly leveraged balance sheet remains a central concern for investors. UBS upgrades JetBlue Airways to neutral from sell
• Negative Sentiment: Quarterly loss widened: JetBlue reported a $0.60 per-share loss, worse than the $0.55 analyst estimate and the $0.40 loss a year earlier. Revenue also narrowly missed expectations, underscoring continued profitability pressure. JetBlue Airways Reports Q3 Loss, Misses Revenue Estimates
• Negative Sentiment: Debt and fuel risks persist: JetBlue faces roughly $8.5 billion in debt, elevated fuel prices linked to geopolitical tensions and creditor scrutiny. These pressures could undermine the turnaround if fares and margins weaken. JetBlue creditors hire advisors as financial concerns grow

Wall Street Analyst Weigh In

Several brokerages have weighed in on JBLU. Citigroup raised JetBlue Airways from a “sell” rating to a “neutral” rating and dropped their target price for the stock from $5.30 to $4.50 in a research report on Tuesday, October 6th. Raymond James Financial reissued an “underperform” rating on shares of JetBlue Airways in a research report on Monday, July 6th. TD Cowen cut their target price on JetBlue Airways from $6.00 to $5.00 and set a “hold” rating on the stock in a report on Monday, August 24th. BMO Capital Markets cut their price objective on JetBlue Airways from $6.75 to $5.25 and set a “market perform” rating on the stock in a research note on Monday, September 28th. Finally, Seaport Research Partners downgraded shares of JetBlue Airways from a “buy” rating to a “neutral” rating in a report on Monday, August 17th. Nine investment analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. Based on data from MarketBeat.com, JetBlue Airways currently has an average rating of “Reduce” and a consensus price target of $4.98.

Insiders Place Their Bets

In other news, CFO Ursula Hurley sold 77,253 shares of JetBlue Airways stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $5.76, for a total transaction of $444,977.28. Following the sale, the chief financial officer owned 211,099 shares of the company’s stock, valued at approximately $1,215,930.24. This trade represents a 26.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 83,253 shares of company stock worth $474,477 over the last 90 days. 2.41% of the stock is owned by company insiders.

Hedge Funds Weigh In On JetBlue Airways

Several hedge funds and other institutional investors have recently modified their holdings of JBLU. Citizens Financial Group Inc. RI boosted its stake in shares of JetBlue Airways by 38.9% during the 3rd quarter. Citizens Financial Group Inc. RI now owns 16,274 shares of the transportation company’s stock worth $69,000 after buying an additional 4,560 shares during the last quarter. Mountain Hill Investment Partners Corp. grew its stake in shares of JetBlue Airways by 131.6% in the third quarter. Mountain Hill Investment Partners Corp. now owns 44,000 shares of the transportation company’s stock valued at $186,000 after buying an additional 25,000 shares in the last quarter. Fifth Third Wealth Advisors LLC raised its position in JetBlue Airways by 275.2% during the third quarter. Fifth Third Wealth Advisors LLC now owns 41,833 shares of the transportation company’s stock worth $177,000 after acquiring an additional 30,683 shares in the last quarter. U S Global Investors Inc. lifted its stake in JetBlue Airways by 8.4% in the third quarter. U S Global Investors Inc. now owns 6,501,298 shares of the transportation company’s stock valued at $27,500,000 after acquiring an additional 505,067 shares during the last quarter. Finally, AMG Asset Management Group Inc. acquired a new stake in JetBlue Airways in the 3rd quarter valued at about $53,000. Institutional investors own 83.71% of the company’s stock.

JetBlue Airways Trading Up 19.0%

The business has a fifty day moving average of $4.10 and a 200 day moving average of $4.95.

JetBlue Airways Company Profile

JetBlue Airways Corporation is a U.S.-based passenger airline that provides scheduled air transportation to destinations across the United States, the Caribbean, Latin America and select locations in Europe. The company operates primarily from focus cities including New York, Boston, Fort Lauderdale, Orlando and Los Angeles, with a network designed to connect major metropolitan areas and leisure destinations.

JetBlue offers multiple classes and service options, including standard economy seating, extra-legroom EvenMore seats and its premium Mint service on select routes.