JetBlue Airways (NASDAQ:JBLU) Stock Price Expected to Rise, BMO Capital Markets Analyst Says

JetBlue Airways (NASDAQ:JBLU) had its price target upped by research analysts at BMO Capital Markets from $6.00 to $6.75 in a research report issued on Wednesday,Benzinga reports. The firm currently has a “market perform” rating on the transportation company’s stock. BMO Capital Markets’ target price points to a potential upside of 13.58% from the company’s current price.

JBLU has been the topic of several other research reports. Bank of America raised their price target on shares of JetBlue Airways from $3.50 to $4.00 and gave the company an “underperform” rating in a research report on Wednesday, July 1st. Citigroup increased their target price on shares of JetBlue Airways from $4.40 to $6.60 and gave the stock a “neutral” rating in a research note on Friday, June 26th. The Goldman Sachs Group raised their target price on JetBlue Airways from $3.50 to $4.50 and gave the company a “sell” rating in a research report on Thursday, July 2nd. Susquehanna upped their price target on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a report on Tuesday, July 7th. Finally, Wall Street Zen upgraded JetBlue Airways from a “strong sell” rating to a “sell” rating in a research report on Saturday, May 23rd. One analyst has rated the stock with a Strong Buy rating, six have given a Hold rating and five have given a Sell rating to the stock. Based on data from MarketBeat.com, JetBlue Airways currently has an average rating of “Reduce” and an average price target of $5.54.

JetBlue Airways Stock Performance

JetBlue Airways stock traded down $0.06 during midday trading on Wednesday, hitting $5.94. 4,432,918 shares of the company were exchanged, compared to its average volume of 26,583,023. The business has a fifty day simple moving average of $5.39 and a two-hundred day simple moving average of $5.18. The company has a debt-to-equity ratio of 4.25, a quick ratio of 0.64 and a current ratio of 0.70. The firm has a market capitalization of $2.21 billion, a PE ratio of -3.03 and a beta of 1.73. JetBlue Airways has a fifty-two week low of $3.87 and a fifty-two week high of $6.50.

JetBlue Airways (NASDAQ:JBLU) last announced its quarterly earnings results on Tuesday, July 28th. The transportation company reported ($0.66) earnings per share (EPS) for the quarter, beating analysts’ consensus estimates of ($0.69) by $0.03. JetBlue Airways had a negative return on equity of 32.76% and a negative net margin of 7.78%.The company had revenue of $2.70 billion during the quarter, compared to the consensus estimate of $2.69 billion. During the same period in the previous year, the company posted ($0.21) earnings per share. JetBlue Airways’s revenue for the quarter was up 14.5% on a year-over-year basis. On average, sell-side analysts forecast that JetBlue Airways will post -2.39 earnings per share for the current year.

Insiders Place Their Bets

In other JetBlue Airways news, Director Vivek Sharma sold 32,000 shares of the stock in a transaction on Thursday, May 28th. The shares were sold at an average price of $5.41, for a total transaction of $173,120.00. Following the transaction, the director directly owned 35,479 shares of the company’s stock, valued at $191,941.39. This trade represents a 47.42% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Also, Director Thomas Winkelmann sold 35,473 shares of JetBlue Airways stock in a transaction dated Friday, May 1st. The shares were sold at an average price of $4.70, for a total transaction of $166,723.10. Following the completion of the sale, the director owned 13,379 shares in the company, valued at approximately $62,881.30. This trade represents a 72.61% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Corporate insiders own 2.41% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the stock. EverSource Wealth Advisors LLC boosted its holdings in JetBlue Airways by 162.2% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 7,707 shares of the transportation company’s stock worth $44,000 after buying an additional 4,768 shares during the last quarter. Oak Thistle LLC acquired a new position in shares of JetBlue Airways during the second quarter valued at approximately $133,000. Merit Financial Group LLC lifted its position in shares of JetBlue Airways by 78.6% in the second quarter. Merit Financial Group LLC now owns 47,668 shares of the transportation company’s stock valued at $273,000 after acquiring an additional 20,985 shares in the last quarter. Counterpoint Mutual Funds LLC purchased a new position in shares of JetBlue Airways in the second quarter valued at approximately $6,890,000. Finally, GAMMA Investing LLC boosted its stake in shares of JetBlue Airways by 131.1% in the second quarter. GAMMA Investing LLC now owns 12,304 shares of the transportation company’s stock worth $71,000 after acquiring an additional 6,980 shares during the last quarter. 83.71% of the stock is owned by hedge funds and other institutional investors.

JetBlue Airways News Roundup

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: JetBlue reported second-quarter adjusted EPS of -$0.66, narrowly beating the consensus estimate of -$0.69, while revenue rose 14.5% year over year to $2.70 billion, slightly ahead of expectations. Revenue growth reflected stronger demand, premium travel and loyalty-program expansion. JetBlue Q2 earnings report
• Positive Sentiment: The company reinstated its 2026 financial outlook and introduced a target of at least $1.00 in earnings per share by 2028. The guidance offered investors greater visibility into JetBlue’s planned recovery and helped drive the stock higher. JetBlue outlook and 2028 EPS target
• Positive Sentiment: JetBlue said revenue per available seat mile increased 10.9%, allowing it to recapture nearly half of the fuel-cost increase through higher fares and pricing power. Management said industry pricing conditions are improving. JetBlue Q2 RASM growth
• Positive Sentiment: JetBlue is simplifying fare choices and preparing to launch BlueFirst domestic first class, supporting efforts to attract premium customers and increase ancillary revenue. New Mint menus from New York restaurants Crown Shy and Birdee will also enhance the premium-cabin offering beginning July 31. JetBlue fare and first-class changes
• Neutral Sentiment: Unusually high call-option activity indicated increased bullish trading interest, but options volume does not change JetBlue’s underlying financial outlook.
• Negative Sentiment: JetBlue’s net loss widened to $247 million from $74 million a year earlier as fuel expenses and operational disruptions offset much of the revenue improvement. Persistently high fuel prices could require additional aircraft financing and increase balance-sheet pressure. JetBlue loss and fuel costs
• Negative Sentiment: Analysts and risk disclosures continue to flag JetBlue’s heavy leverage, liquidity constraints and operational-continuity risks, which could limit the pace of its turnaround.

JetBlue Airways Company Profile

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.