JetBlue Airways Q3 EPS Estimate Increased by Zacks Research

JetBlue Airways Co. (NASDAQ:JBLU) – Zacks Research upped their Q3 2026 earnings estimates for JetBlue Airways in a research report issued on Wednesday, April 2nd. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings of $0.10 per share for the quarter, up from their prior forecast 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.

JetBlue Airways (NASDAQ:JBLU) last released its quarterly earnings results on Tuesday, January 28th. The transportation company reported ($0.21) earnings per share for the quarter, beating analysts’ consensus estimates 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 in the prior year, the company posted ($0.19) EPS.

Several other equities analysts also recently commented on the company. Susquehanna lowered their price target on JetBlue Airways from $8.00 to $6.00 and set a “neutral” rating on the stock in a report on Tuesday, February 4th. Bank of America dropped their target price on shares of JetBlue Airways from $5.25 to $4.25 and set an “underperform” rating on the stock in a report on Thursday. Morgan Stanley restated an “equal weight” rating and set a $8.00 price target on shares of JetBlue Airways in a report on Wednesday, December 11th. Citigroup lifted their price objective on JetBlue Airways from $6.85 to $7.60 and gave the stock a “neutral” rating in a research note on Wednesday, December 18th. Finally, Seaport Res Ptn downgraded JetBlue Airways from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, January 28th. Five analysts have rated the stock with a sell rating and eight have issued a hold rating to the company. Based on data from MarketBeat.com, the stock presently has a consensus rating of “Hold” and a consensus price target of $6.12.

JetBlue Airways Stock Performance

Shares of NASDAQ JBLU opened at $3.94 on Friday. The business’s 50-day simple moving average is $6.07 and its 200-day simple moving average is $6.60. The company has a debt-to-equity ratio of 3.08, a quick ratio of 1.18 and a current ratio of 1.10. JetBlue Airways has a 52 week low of $3.62 and a 52 week high of $8.31. The firm has a market cap of $1.39 billion, a price-to-earnings ratio of -1.68 and a beta of 1.80.

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently made changes to their positions in the stock. Vanguard Group Inc. boosted its holdings in JetBlue Airways by 0.4% during the fourth quarter. Vanguard Group Inc. now owns 32,410,772 shares of the transportation company’s stock worth $254,749,000 after buying an additional 121,267 shares during the last quarter. FMR LLC boosted its stake in JetBlue Airways by 14,595.7% during the 4th quarter. FMR LLC now owns 16,599,279 shares of the transportation company’s stock worth $130,470,000 after acquiring an additional 16,486,326 shares during the last quarter. American Century Companies Inc. grew its holdings in JetBlue Airways by 8.4% during the fourth quarter. American Century Companies Inc. now owns 8,771,993 shares of the transportation company’s stock valued at $68,948,000 after purchasing an additional 678,891 shares during the period. Charles Schwab Investment Management Inc. increased its stake in JetBlue Airways by 18.8% in the fourth quarter. Charles Schwab Investment Management Inc. now owns 6,725,671 shares of the transportation company’s stock valued at $52,864,000 after purchasing an additional 1,063,929 shares in the last quarter. Finally, JPMorgan Chase & Co. boosted its position in shares of JetBlue Airways by 88.2% during the third quarter. JPMorgan Chase & Co. now owns 5,513,751 shares of the transportation company’s stock worth $36,170,000 after purchasing an additional 2,584,350 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors.

Insider Buying and Selling

In other news, CFO Ursula L. Hurley sold 15,000 shares of the business’s stock in a transaction 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 owns 41,833 shares in the company, valued at $313,747.50. The trade was a 26.39 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Nik Mittal acquired 100,000 shares of the company’s stock in a transaction on Tuesday, February 4th. The shares were purchased at an average cost of $6.14 per share, with a total value of $614,000.00. Following the completion of the acquisition, the director now directly owns 116,443 shares in the company, valued at approximately $714,960.02. The trade was a 608.16 % increase in their position. The disclosure for this purchase can be found here. 1.18% of the stock is owned by corporate insiders.

JetBlue Airways Company Profile

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.