JetBlue Airways (JBLU) Stock Forecast & Price Target

$6.21

+0.18 (+2.99%)

(As of 07/26/2024 ET)

JetBlue Airways - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Reduce
Based on 10 Analyst Ratings

Based on 10 Wall Street analysts who have issued ratings for JetBlue Airways in the last 12 months, the stock has a consensus rating of "Reduce." Out of the 10 analysts, 4 have given a sell rating, 5 have given a hold rating, and 1 has given a buy rating for JBLU.

Consensus Price Target

$5.55
-10.63% Downside

High Forecast	$9.00
Average Forecast	$5.55
Low Forecast	$3.00

According to the 10 analysts' twelve-month price targets for JetBlue Airways, the average price target is $5.55. The highest price target for JBLU is $9.00, while the lowest price target for JBLU is $3.00. The average price target represents a forecasted downside of -10.63% from the current price of $6.21.

Type	Current Forecast 7/27/23 to 7/26/24	1 Month Ago 6/27/23 to 6/26/24	3 Months Ago 4/28/23 to 4/27/24	1 Year Ago 7/27/22 to 7/27/23
Consensus Rating	Reduce	Reduce	Reduce	Reduce
Strong Buy	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)	0 Strong Buy rating(s)
Buy	1 Buy rating(s)	1 Buy rating(s)	1 Buy rating(s)	0 Buy rating(s)
Hold	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)	5 Hold rating(s)
Sell	4 Sell rating(s)	4 Sell rating(s)	4 Sell rating(s)	1 Sell rating(s)
Consensus Price Target	$5.55	$5.75	$5.78	$8.56
Forecasted Upside	-10.63% Downside	-4.82% Downside	-6.13% Downside	10.34% Upside

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JBLU Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.

JBLU Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.

JetBlue Airways Stock vs. The Competition

Type	JetBlue Airways	Transportation Companies	S&P 500
Consensus Rating Score	1.70	2.55	2.50
Consensus Rating	Reduce	Moderate Buy	Moderate Buy
Predicted Upside	-10.63% Downside	35.02% Upside	9.10% Upside
News Sentiment Rating	Neutral News	Neutral News	Positive News

Recent Analyst Forecasts and Stock Ratings

Rating

Upside/Downside

Action

Time Frame

Start Date

End Date

Show

Export to Excel

Date	Brokerage	Action	Rating	Price Target	Upside/Downside on Report Date
7/17/2024	TD Cowen 4 of 5 stars	Lower Target	Hold ➝ Hold	$6.00 ➝ $4.00	-38.84%
5/29/2024	Citigroup 3 of 5 stars	Lower Target	Neutral ➝ Neutral	$6.90 ➝ $6.50	+28.21%
5/6/2024	Barclays 2 of 5 stars	Lower Target	Underweight ➝ Underweight	$6.00 ➝ $5.00	-14.53%
4/24/2024	JPMorgan Chase & Co. Subscribe to MarketBeat All Access for the recommendation accuracy rating	Lower Target	Neutral ➝ Neutral	$7.00 ➝ $6.00	+0.17%
4/9/2024	Susquehanna Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	Neutral ➝ Neutral	$5.00 ➝ $6.00	-14.29%
4/4/2024	Evercore ISI Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target	In-Line ➝ In-Line	$5.00 ➝ $8.00	+13.80%
Get the Latest News and Ratings for JBLU and Related Stocks Enter your email address below to receive the latest news and analysts' ratings for JetBlue Airways and its competitors with MarketBeat's FREE daily newsletter.
3/20/2024	UBS Group Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Sell	$5.00	-25.48%
2/20/2024	Deutsche Bank Aktiengesellschaft Subscribe to MarketBeat All Access for the recommendation accuracy rating	Upgrade	Hold ➝ Buy	$4.00 ➝ $9.00	+29.31%
1/9/2024	Bank of America Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$6.00 ➝ $3.00	-47.92%
11/10/2023	BNP Paribas Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Neutral ➝ Underperform	$3.00	-24.62%
1/27/2023	Wolfe Research Subscribe to MarketBeat All Access for the recommendation accuracy rating	Boost Target		$6.00 ➝ $7.00	-16.17%
12/15/2022	Cowen Subscribe to MarketBeat All Access for the recommendation accuracy rating	Downgrade	Outperform ➝ Market Perform	$10.00 ➝ $9.00	+28.57%
8/15/2022	Melius Subscribe to MarketBeat All Access for the recommendation accuracy rating	Initiated Coverage	Hold

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Saturday at 12:55 AM ET.

JBLU Forecast - Frequently Asked Questions

What is JetBlue Airways' forecast for 2024?: According to the research reports of 10 Wall Street equities research analysts, the average twelve-month stock price forecast for JetBlue Airways is $5.55, with a high forecast of $9.00 and a low forecast of $3.00.
Should I buy or sell JetBlue Airways stock right now?: 10 Wall Street analysts have issued "buy," "hold," and "sell" ratings for JetBlue Airways in the last year. There are currently 4 sell ratings, 5 hold ratings and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "reduce" JBLU shares.
Does JetBlue Airways's stock price have much downside?: According to analysts, JetBlue Airways's stock has a predicted downside of -8.85% based on their 12-month stock forecasts.
What analysts cover JetBlue Airways?: JetBlue Airways has been rated by research analysts at Barclays, Citigroup, and TD Cowen in the past 90 days.
Do Wall Street analysts like JetBlue Airways more than its competitors?: Analysts like JetBlue Airways less than other "transportation" companies. The consensus rating for JetBlue Airways is Reduce while the average consensus rating for "transportation" companies is Moderate Buy. Learn more on how JBLU compares to other companies.