JetBlue Airways (JBLU) Stock Forecast, Price & News

8 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JetBlue Airways in the last year. There are currently 8 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "hold" JBLU shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in JBLU, but not buy additional shares or sell existing shares.
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8 brokers have issued 12 month target prices for JetBlue Airways' stock. Their JBLU share price forecasts range from $7.00 to $10.00. On average, they predict the company's stock price to reach $8.65 in the next year. This suggests a possible upside of 15.8% from the stock's current price.
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JetBlue Airways' stock was trading at $6.48 at the beginning of the year. Since then, JBLU stock has increased by 15.3% and is now trading at $7.47.
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JetBlue Airways saw a decrease in short interest in the month of May. As of May 15th, there was short interest totaling 18,740,000 shares, a decrease of 5.2% from the April 30th total of 19,770,000 shares. Based on an average daily volume of 8,510,000 shares, the days-to-cover ratio is presently 2.2 days.
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The company is scheduled to release its next quarterly earnings announcement on Tuesday, August 1st 2023.
View our JBLU earnings forecast.

JetBlue Airways Co. (NASDAQ:JBLU) issued its earnings results on Tuesday, April, 25th. The transportation company reported ($0.34) EPS for the quarter, topping the consensus estimate of ($0.38) by $0.04. The transportation company earned $2.33 billion during the quarter, compared to analyst estimates of $2.32 billion. JetBlue Airways had a negative trailing twelve-month return on equity of 3.54% and a negative net margin of 3.07%. JetBlue Airways's revenue for the quarter was up 34.1% compared to the same quarter last year. During the same period last year, the business posted ($0.80) earnings per share.

ETFs with the largest weight of JetBlue Airways (NASDAQ:JBLU) stock in their portfolio include U.S. Global Jets ETF (JETS), Invesco S&P MidCap 400 Pure Value ETF (RFV), SPDR S&P Transportation ETF (XTN), Defiance Hotel, Airline, and Cruise ETF (CRUZ), Direxion Daily Travel & Vacation Bull 2X Shares (OOTO), First Trust Consumer Discretionary AlphaDEX Fund (FXD), iShares U.S. Transportation ETF (IYT) and Invesco S&P MidCap 400 Revenue ETF (RWK).

JetBlue Airways issued an update on its second quarter 2023 earnings guidance on Thursday, April, 27th. The company provided EPS guidance of $0.35-$0.45 for the period, compared to the consensus EPS estimate of $0.30. The company issued revenue guidance of $2.56 billion-$2.65 billion, compared to the consensus revenue estimate of $2.63 billion.

558 employees have rated JetBlue Airways Chief Executive Officer Robin Hayes on Glassdoor.com. Robin Hayes has an approval rating of 83% among the company's employees.

Based on aggregate information from My MarketBeat watchlists, some companies that other JetBlue Airways investors own include Delta Air Lines (DAL), Southwest Airlines (LUV), Bank of America (BAC), American Airlines Group (AAL), Walt Disney (DIS), Micron Technology (MU), Boeing (BA), Wells Fargo & Company (WFC), Netflix (NFLX) and NVIDIA (NVDA).

JetBlue Airways trades on the NASDAQ under the ticker symbol "JBLU."

JetBlue Airways' stock is owned by a number of institutional and retail investors. Top institutional investors include BlackRock Inc. (8.87%), Dimensional Fund Advisors LP (4.55%), Wellington Management Group LLP (3.70%), Donald Smith & CO. Inc. (3.35%), U S Global Investors Inc. (2.95%) and Renaissance Technologies LLC (1.59%). Insiders that own company stock include Alexander Chatkewitz, Brandon Nelson, Easwaran Sundaram, Hanif Dahya, Robin Hayes, Scott M Laurence, Scott M Laurence, Stephen J Priest and Todd Crockett.
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Shares of JBLU stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
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One share of JBLU stock can currently be purchased for approximately $7.47.

JetBlue Airways (NASDAQ:JBLU) has a market capitalization of $2.45 billion and generates $9.16 billion in revenue each year. The transportation company earns $-362,000,000.00 in net income (profit) each year or ($0.91) on an earnings per share basis.

The company employs 20,901 workers across the globe.

JetBlue Airways' mailing address is 27-01 QUEENS PLAZA NORTH, LONG ISLAND CITY NY, 11101. The official website for the company is www.jetblue.com. The transportation company can be reached via phone at (718) 286-7900, via email at ir@jetblue.com, or via fax at 718-709-3621.