NASDAQ:JBLU

JetBlue Airways (JBLU) Stock Forecast, Price & News

$4.45

-0.07 (-1.55%)

(As of 09/25/2023 ET)

Compare

Today's Range: $4.36
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$4.51
50-Day Range: $4.45
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$8.65
52-Week Range: $4.36
▼
$9.45

Volume: 12.15 million shs
Average Volume: 12.04 million shs
Market Capitalization: $1.48 billion

P/E Ratio: 55.63
Dividend Yield: N/A
Price Target: $8.17

JetBlue Airways MarketRank™ Forecast

Analyst Rating: Reduce
1.67 Rating Score
Upside/Downside: 83.5% Upside
$8.17 Price Target
Short Interest: Healthy
8.55% of Shares Sold Short
Dividend Strength: N/A
Sustainability: -6.41
Upright™ Environmental Score
News Sentiment: 0.57
Based on 12 Articles This Week
Insider Trading: Selling Shares
$75,432 Sold Last Quarter
Proj. Earnings Growth: 577.78%
From $0.09 to $0.61 Per Share

Overall MarketRank^™

MarketRank is calculated as an average of available category scores, with extra weight given to analysis and valuation.

2.36 out of 5 stars

Transportation Sector

62nd out of 115 stocks

Air Transportation, Scheduled Industry

13th out of 17 stocks

2.8

Analyst's Opinion

Consensus Rating
JetBlue Airways has received a consensus rating of Reduce. The company's average rating score is 1.67, and is based on no buy ratings, 4 hold ratings, and 2 sell ratings.
Price Target Upside/Downside
According to analysts' consensus price target of $8.17, JetBlue Airways has a forecasted upside of 83.5% from its current price of $4.45.
Amount of Analyst Coverage
JetBlue Airways has only been the subject of 3 research reports in the past 90 days.

3.0

Short Interest

Percentage of Shares Shorted
8.55% of the outstanding shares of JetBlue Airways have been sold short.
Short Interest Ratio / Days to Cover
JetBlue Airways has a short interest ratio ("days to cover") of 1.8, which is generally considered an acceptable ratio of short interest to trading volume.
Change versus previous month
Short interest in JetBlue Airways has recently decreased by 0.90%, indicating that investor sentiment is improving.

0.0

Dividend Strength

Dividend Yield
JetBlue Airways does not currently pay a dividend.
Dividend Growth
JetBlue Airways does not have a long track record of dividend growth.

0.2

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score
JetBlue Airways has received a -88.28% net impact score from Upright. The largest negative impact of JetBlue in category "GHG emissions" seems to be driven mostly by its "Low-cost air travel", "Economy air travel on international flights", and "Air freight transport services" products. See details.
Environmental Sustainability
The Environmental Impact score for JetBlue Airways is -6.41.

3.1

News and Social Media Coverage

News Sentiment
JetBlue Airways has a news sentiment score of 0.57. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.67 average news sentiment score of Transportation companies.
News Coverage This Week
MarketBeat has tracked 12 news articles for JetBlue Airways this week, compared to 11 articles on an average week.
Search Interest
38 people have searched for JBLU on MarketBeat in the last 30 days. This is an increase of 23% compared to the previous 30 days.
MarketBeat Follows
21 people have added JetBlue Airways to their MarketBeat watchlist in the last 30 days. This is an increase of 50% compared to the previous 30 days.

2.5

Company Ownership

Insider Buying vs. Insider Selling
In the past three months, JetBlue Airways insiders have sold more of their company's stock than they have bought. Specifically, they have bought $0.00 in company stock and sold $75,432.00 in company stock.
Percentage Held by Insiders
Only 0.52% of the stock of JetBlue Airways is held by insiders.
Percentage Held by Institutions
74.82% of the stock of JetBlue Airways is held by institutions. High institutional ownership can be a signal of strong market trust in this company.

3.1

Earnings and Valuation

Earnings Growth
Earnings for JetBlue Airways are expected to grow by 577.78% in the coming year, from $0.09 to $0.61 per share.
Price to Earnings Ratio vs. the Market
The P/E ratio of JetBlue Airways is 55.63, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 123.35.
Price to Earnings Ratio vs. Sector
The P/E ratio of JetBlue Airways is 55.63, which means that it is trading at a more expensive P/E ratio than the Transportation sector average P/E ratio of about 12.10.
Price to Book Value per Share Ratio
JetBlue Airways has a P/B Ratio of 0.40. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

See Top Rated MarketRank™ Stocks Here

About JetBlue Airways (NASDAQ:JBLU) Stock

JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2022, the company operated a fleet of 63 Airbus A321 aircraft, 14 Airbus A220 aircraft, 23 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 100 destinations in the 32 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 24 countries in the Caribbean and Latin America. JetBlue Airways Corporation has a strategic partnership with American Airlines Group Inc. to create connectivity for travelers in the Northeast. The company was incorporated in 1998 and is based in Long Island City, New York.

JBLU Price History

30 days | 90 days | 365 days | Advanced Chart

JBLU Stock News Headlines

September 25, 2023 | marketbeat.com

Is Jet Blue's Descent Into Penny Stock Territory an Opportunity?

Until the fundamentals show progress, Jet Blue stock may be headed due south to a new all-time low - with or without the pending Spirit deal.

August 28, 2023 | marketbeat.com

Will Airline Stocks Recover? What is the Outlook? (JBLU)

Will airline stock recover from pre-pandemic highs — ever? Learn more about the various airlines and how they’ve handled the recovery in a complex environment.

September 26, 2023 | MarketBeat Internal (Ad)

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August 28, 2023 | marketbeat.com

10 Best Airline Stocks to Buy (JBLU)

The airline industry has seen tumultuous times over the past few years, so should you invest? Learn more about the best airline stock to buy on MarketBeat.

August 28, 2023 | marketbeat.com

Airline Stocks - Top Airline Stocks to Buy Now (JBLU)

Airline stocks have historically been viewed as a bad investment, and it was the rare stock advisor who would suggest investing in the airline industry, but a growing number of passengers combined with more streamlined strategies have created more potential for the airline industry. Airline stocks may not be the biggest stock gainers, best growth stocks, or most active stocks, on Wall Street but they may still have a place in your portfolio. Though the last ten years may have made airline stocks look like a good investment, it’s also important to keep in mind that airline stocks may not perform as well during recessions, which have historically been difficult for airlines. For the time being, airline stocks have the potential to be a good investment as part of a diversified portfolio.

September 25, 2023 | msn.com

American Airlines appeals court ruling halting JetBlue alliance

September 25, 2023 | ca.finance.yahoo.com

NTSB probes JetBlue flight that experienced severe turbulence, injuring eight

September 25, 2023 | finance.yahoo.com

UPDATE 1-NTSB probes JetBlue flight that experienced severe turbulence, injuring eight

September 26, 2023 | Chaikin Analytics (Ad)

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September 25, 2023 | finance.yahoo.com

Here's Why Investors Should Retain JetBlue (JBLU) Stock Now

September 25, 2023 | finance.yahoo.com

8 injured when JetBlue flight from Ecuador hits severe turbulence as it approaches Fort Lauderdale

September 25, 2023 | americanbankingnews.com

Zacks Research Research Analysts Cut Earnings Estimates for JetBlue Airways Co. (NASDAQ:JBLU)

September 20, 2023 | finance.yahoo.com

JetBlue Adds Amsterdam Service from Boston Starting Today

September 20, 2023 | msn.com

Here’s Why Spirit Airlines Stock (NYSE:SAVE) Fell Yesterday

September 19, 2023 | americanbankingnews.com

JetBlue Airways Target of Unusually High Options Trading (NASDAQ:JBLU)

September 18, 2023 | bizjournals.com

JetBlue launches flights from JFK to Washington, D.C.

September 18, 2023 | finance.yahoo.com

Is JetBlue Airways (JBLU) Too Good to Be True? A Comprehensive Analysis of a Potential Value Trap

September 18, 2023 | finance.yahoo.com

JetBlue Airways Corp (JBLU): A Deep Dive into Its Performance Potential

September 15, 2023 | finance.yahoo.com

JetBlue Announces Record and Payment Dates for September 2023 Additional Prepayment to Spirit Stockholders

September 13, 2023 | stocknews.com

Buy, Hold or Sell These 3 Airline Stocks?

September 13, 2023 | msn.com

A budget airline continues expansion in this year's most popular state

September 13, 2023 | finance.yahoo.com

Airlines: Two-Day Rebound Hits Technical Wall As American, Spirit Cut Outlooks

September 13, 2023 | msn.com

Airlines say US must boost air traffic control staffing

September 11, 2023 | bizjournals.com

JetBlue plans to transfer part of Spirit holdings to Allegiant

September 11, 2023 | markets.businessinsider.com

JetBlue, Allegiant Ink Divestiture Deal In Connection With JetBlue's Combination With Spirit

September 11, 2023 | nasdaq.com

Jetblue to divest certain holdings to Allegiant

September 11, 2023 | bizjournals.com

JetBlue plans to transfer part of Spirit holdings to discount air carrier

See More Headlines

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JBLU Company Calendar

Last Earnings: 8/01/2023
Today: 9/25/2023
Next Earnings (Estimated): 10/24/2023
Fiscal Year End: 12/31/2023

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Industry, Sector and Symbol

Stock Exchange: NASDAQ
Industry: Air transportation, scheduled
Sub-Industry: Airlines
Sector: Transportation
Current Symbol: NASDAQ:JBLU
CUSIP: 47714310
CIK: 1158463
Web: www.jetblue.com
Phone: (718) 286-7900
Fax: 718-709-3621
Employees: 20,901
Year Founded: 1999

Price Target and Rating

Average Stock Price Forecast: $8.17
High Stock Price Forecast: $10.00
Low Stock Price Forecast: $6.00
Forecasted Upside/Downside: +83.1%
Consensus Rating: Reduce
Rating Score (0-4): 1.67
Research Coverage: 6 Analysts

Profitability

EPS (Most Recent Fiscal Year): $0.08
Trailing P/E Ratio: 55.75
Forward P/E Ratio: 49.56
P/E Growth: N/A
Net Income: $-362,000,000.00
Net Margins: 0.27%
Pretax Margin: 0.63%
Return on Equity: 5.20%
Return on Assets: 1.37%

Debt

Debt-to-Equity Ratio: 0.98
Current Ratio: 0.57
Quick Ratio: 0.55

Sales & Book Value

Annual Sales: $9.16 billion
Price / Sales: 0.16
Cash Flow: $0.99 per share
Price / Cash Flow: 4.50
Book Value: $11.00 per share
Price / Book: 0.41

Miscellaneous

Outstanding Shares: 333,250,000
Free Float: 331,517,000
Market Cap: $1.49 billion
Optionable: Optionable
Beta: 1.68

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Key Executives

Mr. Robin N. Hayes (Age 56)
CEO & Director
Comp: $2.16M

Ms. Joanna L. Geraghty (Age 50)
Pres & COO
Comp: $1.62M

Ms. Ursula L. Hurley (Age 41)
Chief Financial Officer
Comp: $523.33k

Ms. Carol Ann Clements (Age 47)
Chief Digital & Technology Officer
Comp: $1.12M

Mr. Brandon Nelson (Age 48)
Gen. Counsel & Corp. Sec.
Comp: $856.78k

Mr. Al Spencer (Age 41)
Chief Accounting Officer, VP & Controller

Mr. Thomas Howell
VP of Safety & Regulatory Compliance

Mr. Doug McGraw
Chief Communications Officer

Ms. Jayne O'Brien
Head of Marketing & Loyalty

Ms. Laurie Villa
Chief People Officer

Key Competitors

View All Competitors

Insiders & Institutions

View All Insider Transactions
View All Institutional Transactions

JBLU Stock - Frequently Asked Questions

Should I buy or sell JetBlue Airways stock right now?: 6 Wall Street equities research analysts have issued "buy," "hold," and "sell" ratings for JetBlue Airways in the last year. There are currently 2 sell ratings and 4 hold ratings for the stock. The consensus among Wall Street equities research analysts is that investors should "reduce" JBLU shares.
View JBLU analyst ratings or view top-rated stocks.
What is JetBlue Airways' stock price forecast for 2023?: 6 analysts have issued 12 month price targets for JetBlue Airways' stock. Their JBLU share price forecasts range from $6.00 to $10.00. On average, they anticipate the company's stock price to reach $8.17 in the next twelve months. This suggests a possible upside of 83.1% from the stock's current price.
View analysts price targets for JBLU or view top-rated stocks among Wall Street analysts.
How have JBLU shares performed in 2023?: JetBlue Airways' stock was trading at $6.48 at the beginning of 2023. Since then, JBLU shares have decreased by 31.2% and is now trading at $4.46.
View the best growth stocks for 2023 here.
When is JetBlue Airways' next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Tuesday, October 24th 2023.
View our JBLU earnings forecast.
How were JetBlue Airways' earnings last quarter?: JetBlue Airways Co. (NASDAQ:JBLU) issued its quarterly earnings data on Tuesday, August, 1st. The transportation company reported $0.45 earnings per share for the quarter, topping analysts' consensus estimates of $0.40 by $0.05. The transportation company earned $2.61 billion during the quarter, compared to analyst estimates of $2.61 billion. JetBlue Airways had a net margin of 0.27% and a trailing twelve-month return on equity of 5.20%. JetBlue Airways's revenue was up 6.7% compared to the same quarter last year. During the same quarter in the previous year, the business earned ($0.47) EPS.
What ETFs hold JetBlue Airways' stock?: 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) and iShares U.S. Transportation ETF (IYT).Direxion Daily Transportation Bull 3X Shares (TPOR).
What guidance has JetBlue Airways issued on next quarter's earnings?: JetBlue Airways issued an update on its third quarter 2023 earnings guidance on Tuesday, August, 1st. The company provided EPS guidance of -$0.20-0 for the period, compared to the consensus EPS estimate of $0.40. The company issued revenue guidance of $2.36 billion-$2.46 billion, compared to the consensus revenue estimate of $2.62 billion.
What is Robin Hayes' approval rating as JetBlue Airways' CEO?: 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.

What other stocks do shareholders of JetBlue Airways own?: 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).
What is JetBlue Airways' stock symbol?: JetBlue Airways trades on the NASDAQ under the ticker symbol "JBLU."
Who are JetBlue Airways' major shareholders?: JetBlue Airways' stock is owned by many different retail and institutional investors. Top institutional shareholders include Dimensional Fund Advisors LP (4.80%), Donald Smith & CO. Inc. (3.32%), U S Global Investors Inc. (2.14%), Geode Capital Management LLC (2.06%), Renaissance Technologies LLC (1.37%) and Northern Trust Corp (1.12%). Insiders that own company stock include Alexander Chatkewitz, Brandon Nelson, Gerald Alfred Spencer, Hanif Dahya, Robin Hayes, Scott M Laurence, Scott M Laurence, Stephen J Priest and Todd Crockett.
View institutional ownership trends.
How do I buy shares of JetBlue Airways?: 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.
Compare Top Brokerages Here.
What is JetBlue Airways' stock price today?: One share of JBLU stock can currently be purchased for approximately $4.46.
How much money does JetBlue Airways make?: JetBlue Airways (NASDAQ:JBLU) has a market capitalization of $1.49 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 $0.08 on an earnings per share basis.
How many employees does JetBlue Airways have?: The company employs 20,901 workers across the globe.
Does JetBlue Airways have any subsidiaries?: The following companies are subsidiares of JetBlue Airways: BlueBermuda Insurance LTD, JBTP LLC, and JetBlue Technology Ventures L.L.C..
Read More
How can I contact JetBlue Airways?: 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.

This page (NASDAQ:JBLU) was last updated on 9/26/2023 by MarketBeat.com Staff

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JetBlue Airways (JBLU) Stock Forecast, Price & News

JetBlue Airways MarketRank™ Forecast

Overall MarketRank™

Analyst's Opinion

Short Interest

Percentage of Shares Shorted

Short Interest Ratio / Days to Cover

Change versus previous month

Dividend Strength

Sustainability and ESG

Overall ESG (Environmental, Social, and Governance) Score

Environmental Sustainability

News and Social Media Coverage

News Sentiment

News Coverage This Week

Search Interest

MarketBeat Follows

Company Ownership

Earnings and Valuation

About JetBlue Airways (NASDAQ:JBLU) Stock

JBLU Price History

JBLU Stock News Headlines

JBLU Company Calendar

Industry, Sector and Symbol

Price Target and Rating

Profitability

Debt

Sales & Book Value

Miscellaneous

Social Links

Key Executives

Key Competitors

Insiders & Institutions

JBLU Stock - Frequently Asked Questions

Overall MarketRank^™