Zacks Research Cuts Earnings Estimates for JetBlue Airways

JetBlue Airways Corporation (NASDAQ:JBLU) – Equities researchers at Zacks Research lowered their FY2026 EPS estimates for shares of JetBlue Airways in a report issued on Monday, November 9th. Zacks Research analyst Team now expects that the transportation company will earn ($2.77) per share for the year, down from their prior estimate of ($2.42). The consensus estimate for JetBlue Airways’ current full-year earnings is ($2.68) per share. Zacks Research also issued estimates for JetBlue Airways’ Q4 2026 earnings at ($0.64) EPS, Q1 2027 earnings at ($0.55) EPS, Q3 2027 earnings at ($0.20) EPS, Q4 2027 earnings at ($0.29) EPS, FY2027 earnings at ($0.96) EPS, Q1 2028 earnings at $0.09 EPS and Q3 2028 earnings at $0.09 EPS.

JBLU has been the topic of a number of other reports. 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 report on Monday, September 28th. Susquehanna dropped their target price on JetBlue Airways from $4.00 to $3.00 and set a “neutral” rating on the stock in a research report on Thursday, October 29th. Citigroup upgraded shares of JetBlue Airways from a “sell” rating to a “neutral” rating and cut their price target for the stock from $5.30 to $4.50 in a report on Tuesday, October 6th. Wall Street Zen lowered shares of JetBlue Airways from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 22nd. Finally, Deutsche Bank Aktiengesellschaft raised JetBlue Airways from a “hold” rating to a “buy” rating and boosted their price objective for the company from $3.00 to $5.50 in a report on Thursday, November 5th. One investment analyst has rated the stock with a Buy rating, nine have given a Hold rating and four have assigned a Sell rating to the company’s stock. According to data from MarketBeat, JetBlue Airways presently has an average rating of “Reduce” and a consensus price target of $4.98.

JetBlue Airways Stock Performance

Shares of JBLU opened at $4.00 on Wednesday. The stock has a 50-day moving average of $3.80 and a two-hundred day moving average of $4.86. JetBlue Airways has a one year low of $2.16 and a one year high of $6.62. The company has a quick ratio of 0.55, a current ratio of 0.63 and a debt-to-equity ratio of 5.92.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings data on Monday, October 26th. The transportation company reported ($0.60) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.05). JetBlue Airways had a negative net margin of 10.01% and a negative return on equity of 56.96%. 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 firm earned ($0.40) earnings per share. JetBlue Airways’s quarterly revenue was up 21.1% compared to the same quarter last year.

Institutional Inflows and Outflows

Large investors have recently made changes to their positions in the business. Trust Co. of Vermont purchased a new position in shares of JetBlue Airways during the 2nd quarter valued at approximately $26,000. Northwestern Mutual Wealth Management Co. acquired a new position in JetBlue Airways during the second quarter worth $27,000. Rockefeller Capital Management L.P. raised its position in JetBlue Airways by 157.3% during the fourth quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock worth $25,000 after acquiring an additional 3,373 shares during the period. Essential Partners LLC raised its position in JetBlue Airways by 1,048.5% during the first quarter. Essential Partners LLC now owns 7,293 shares of the transportation company’s stock worth $32,000 after acquiring an additional 6,658 shares during the period. Finally, EverSource Wealth Advisors LLC lifted its holdings in JetBlue Airways by 162.2% during the second quarter. EverSource Wealth Advisors LLC now owns 7,707 shares of the transportation company’s stock valued at $44,000 after purchasing an additional 4,768 shares in the last quarter. 83.71% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling at JetBlue Airways

In other JetBlue Airways news, Director Nik Mittal purchased 100,000 shares of JetBlue Airways stock in a transaction that occurred on Tuesday, November 3rd. The stock was bought at an average price of $3.24 per share, with a total value of $324,000.00. Following the acquisition, the director owned 238,537 shares of the company’s stock, valued at $772,859.88. This trade represents a 72.18% increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. In the last ninety days, insiders sold 6,000 shares of company stock valued at $23,920. 2.41% of the stock is owned by insiders.

Key JetBlue Airways News

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

• Positive Sentiment: UBS raised its price target from $3.50 to $4.00, which is modestly supportive. However, UBS kept a neutral rating, and the new target is near the stock’s recent trading level.
• Positive Sentiment: JetBlue recently joined a broad airline rally, gaining alongside United and American Airlines. The sector-wide move may provide near-term support, though it does not reflect a JetBlue-specific development. Article: JetBlue Rallies 7% as Airline Stocks Extend Their Run
• Neutral Sentiment: A short-interest report describes a large increase but lists short interest at zero shares, making the data internally inconsistent and unhelpful as a reliable signal of investor positioning.
• Negative Sentiment: Zacks Research lowered its Q2 2028 EPS estimate to $0.28 from $0.34 and its FY2028 estimate to $0.53 from $0.65. It slightly raised its Q2 2027 estimate, to $0.08 from $0.07, so revisions are mixed but weaker longer-term forecasts may weigh on sentiment.
• Negative Sentiment: A report about rising JetBlue baggage fees highlights customer frustration. While it provides no new financial forecast, negative customer reaction could be a concern if higher fees affect demand or the airline’s reputation. Article about rising JetBlue bag fees

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.