Azul (AZUL) Stock Forecast, Price & News

6 Wall Street research analysts have issued "buy," "hold," and "sell" ratings for Azul in the last year. There are currently 1 sell rating, 4 hold ratings and 1 buy rating for the stock. The consensus among Wall Street research analysts is that investors should "hold" AZUL shares. A hold rating indicates that analysts believe investors should maintain any existing positions they have in AZUL, but not buy additional shares or sell existing shares.
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6 brokerages have issued 1 year price objectives for Azul's stock. Their AZUL share price forecasts range from $7.00 to $14.00. On average, they expect the company's stock price to reach $10.12 in the next year. This suggests a possible upside of 1.4% from the stock's current price.
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Azul's stock was trading at $6.11 on January 1st, 2023. Since then, AZUL stock has increased by 63.3% and is now trading at $9.98.
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Azul saw a decline in short interest during the month of May. As of May 15th, there was short interest totaling 5,160,000 shares, a decline of 21.1% from the April 30th total of 6,540,000 shares. Based on an average daily trading volume, of 3,700,000 shares, the days-to-cover ratio is presently 1.4 days.
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The company is scheduled to release its next quarterly earnings announcement on Thursday, August 10th 2023.
View our AZUL earnings forecast.

Azul S.A. (NYSE:AZUL) released its quarterly earnings results on Monday, May, 15th. The company reported ($0.99) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.42) by $0.57. The firm had revenue of $862.07 million for the quarter, compared to analysts' expectations of $930.89 million.

ETFs with the largest weight of Azul (NYSE:AZUL) stock in their portfolio include VanEck Brazil Small-Cap ETF (BRF).U.S. Global Jets ETF (JETS).

Based on aggregate information from My MarketBeat watchlists, some companies that other Azul investors own include Carnival Co. & (CCL), NVIDIA (NVDA), American Airlines Group (AAL), Coty (COTY), Alibaba Group (BABA), Bristol-Myers Squibb (BMY), AT&T (T), Exxon Mobil (XOM), Advanced Micro Devices (AMD) and Cloudera (CLDR).

(AZUL) raised $572 million in an initial public offering (IPO) on Tuesday, April 11th 2017. The company issued 28,500,000 shares at a price of $20.06 per share. Citigroup, Itaú BBA and Deutsche Bank Securities acted as the underwriters for the IPO and Banco do Brasil Securities, Bradesco BBI, Santander, JPMorgan, Raymond James and Safra were co-managers.

Azul trades on the New York Stock Exchange (NYSE) under the ticker symbol "AZUL."

Azul's stock is owned by a variety of institutional and retail investors. Top institutional investors include Frontier Capital Management Co. LLC (1.04%), Russell Investments Group Ltd. (0.58%), Perpetual Ltd (0.58%), Long Focus Capital Management LLC (0.53%), Senator Investment Group LP (0.36%) and Ameriprise Financial Inc. (0.35%).

Shares of AZUL 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 AZUL stock can currently be purchased for approximately $9.98.

Azul (NYSE:AZUL) has a market capitalization of $4.20 billion and generates $3.09 billion in revenue each year. The company earns $-139,920,000.00 in net income (profit) each year or ($5.80) on an earnings per share basis.

The company employs 14,247 workers across the globe.

Azul's mailing address is 8th floor Castelo Branco Office Park Av. Marcos Penteado de UlhOa, Barueri D5, 06460-040. The official website for the company is www.voeazul.com.br. The company can be reached via phone at 551148312880 or via email at invest@voeazul.com.