Zacks Research Comments on JetBlue Airways Q1 Earnings

JetBlue Airways Co. (NASDAQ:JBLUFree Report) – Equities researchers at Zacks Research issued their Q1 2026 earnings per share (EPS) estimates for shares of JetBlue Airways in a research note issued on Monday, October 21st. Zacks Research analyst M. Basu forecasts that the transportation company will post earnings per share of $0.01 for the quarter. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.91) per share. Zacks Research also issued estimates for JetBlue Airways’ Q2 2026 earnings at $0.16 EPS.

JetBlue Airways (NASDAQ:JBLUGet Free Report) last released its quarterly earnings data on Tuesday, July 30th. The transportation company reported $0.08 earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.26. The firm had revenue of $2.40 billion for the quarter, compared to analysts’ expectations of $2.40 billion. JetBlue Airways had a negative net margin of 10.18% and a negative return on equity of 10.29%. The company’s revenue for the quarter was down 8.0% compared to the same quarter last year. During the same quarter last year, the business posted $0.45 earnings per share.

JBLU has been the subject of several other research reports. Citigroup raised their price target on JetBlue Airways from $6.00 to $7.75 and gave the company a “neutral” rating in a report on Tuesday. TD Cowen increased their price objective on shares of JetBlue Airways from $5.00 to $6.00 and gave the company a “hold” rating in a research report on Friday, September 6th. StockNews.com raised shares of JetBlue Airways to a “sell” rating in a report on Friday, October 11th. Susquehanna boosted their price objective on JetBlue Airways from $6.00 to $7.00 and gave the stock a “neutral” rating in a research note on Wednesday, October 9th. Finally, Evercore ISI lifted their target price on JetBlue Airways from $4.00 to $5.00 and gave the stock an “in-line” rating in a report on Thursday, October 3rd. Four equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and one has assigned a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Hold” and an average target price of $5.98.

Check Out Our Latest Analysis on JetBlue Airways

JetBlue Airways Trading Down 2.5 %

Shares of JetBlue Airways stock opened at $7.37 on Tuesday. The company has a quick ratio of 0.50, a current ratio of 0.54 and a debt-to-equity ratio of 1.86. The firm has a market cap of $2.51 billion, a price-to-earnings ratio of -2.98 and a beta of 1.92. JetBlue Airways has a twelve month low of $3.42 and a twelve month high of $8.07. The business has a 50-day moving average price of $5.92 and a 200-day moving average price of $5.92.

Institutional Trading of JetBlue Airways

Large investors have recently made changes to their positions in the stock. Allspring Global Investments Holdings LLC bought a new position in JetBlue Airways in the 1st quarter worth about $25,000. GAMMA Investing LLC lifted its holdings in shares of JetBlue Airways by 169.8% in the 1st quarter. GAMMA Investing LLC now owns 3,777 shares of the transportation company’s stock worth $28,000 after buying an additional 2,377 shares during the period. Trust Co. of Vermont purchased a new stake in shares of JetBlue Airways in the 2nd quarter worth $27,000. Strategic Investment Solutions Inc. IL purchased a new position in shares of JetBlue Airways during the second quarter valued at $34,000. Finally, Point72 DIFC Ltd bought a new stake in shares of JetBlue Airways in the second quarter valued at about $48,000. 83.71% of the stock is owned by hedge funds and other institutional investors.

JetBlue Airways Company Profile

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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.

See Also

Earnings History and Estimates for JetBlue Airways (NASDAQ:JBLU)

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