Zacks Research Lifts Earnings Estimates for JetBlue Airways

JetBlue Airways Corporation (NASDAQ:JBLU) – Research analysts at Zacks Research raised their Q2 2027 earnings estimates for shares of JetBlue Airways in a research report issued on Monday, September 21st. Zacks Research analyst Team now anticipates that the transportation company will post earnings of $0.07 per share for the quarter, up from their previous forecast of $0.03. The consensus estimate for JetBlue Airways’ current full-year earnings is ($2.42) per share. Zacks Research also issued estimates for JetBlue Airways’ Q3 2027 earnings at $0.04 EPS.

JetBlue Airways (NASDAQ:JBLU) last posted its earnings results on Tuesday, July 28th. The transportation company reported ($0.66) earnings per share for the quarter, topping the consensus estimate of ($0.69) by $0.03. The firm had revenue of $2.70 billion during the quarter, compared to analyst estimates of $2.69 billion. JetBlue Airways had a negative return on equity of 45.92% and a negative net margin of 9.32%.The company’s revenue for the quarter was up 14.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.21) EPS.

JBLU has been the topic of several other reports. Seaport Research Partners cut shares of JetBlue Airways from a “buy” rating to a “neutral” rating in a research note on Monday, August 17th. TD Cowen reduced their target price on JetBlue Airways from $6.00 to $5.00 and set a “hold” rating on the stock in a report on Monday, August 24th. Raymond James Financial restated an “underperform” rating on shares of JetBlue Airways in a research report on Monday, July 6th. The Goldman Sachs Group raised their price target on JetBlue Airways from $3.50 to $4.50 and gave the company a “sell” rating in a report on Thursday, July 2nd. Finally, Bank of America lifted their price objective on JetBlue Airways from $3.50 to $4.00 and gave the company an “underperform” rating in a research report on Wednesday, July 1st. Seven research analysts have rated the stock with a Hold rating and six have given a Sell rating to the company. According to MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $5.41.

JetBlue Airways Trading Down 3.5%

Shares of JBLU stock opened at $4.39 on Tuesday. The company has a market capitalization of $1.66 billion, a P/E ratio of -1.84 and a beta of 1.70. JetBlue Airways has a 12-month low of $3.87 and a 12-month high of $6.62. The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 5.04. The firm has a 50-day moving average price of $5.13 and a 200 day moving average price of $5.06.

Insider Activity at JetBlue Airways

In other news, CFO Ursula Hurley sold 77,253 shares of the company’s stock in a transaction dated Thursday, July 30th. The stock was sold at an average price of $5.76, for a total transaction of $444,977.28. Following the completion of the transaction, the chief financial officer directly owned 211,099 shares of the company’s stock, valued at $1,215,930.24. This represents a 26.79% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold 81,253 shares of company stock valued at $465,897 in the last 90 days. Insiders own 2.41% of the company’s stock.

Institutional Investors Weigh In On JetBlue Airways

Several institutional investors have recently bought and sold shares of the company. Bank of America Corp DE acquired a new position in shares of JetBlue Airways in the second quarter worth $20,022,000. Primecap Management Co. CA purchased a new position in shares of JetBlue Airways in the 2nd quarter valued at $13,549,000. Bank of New York Mellon Corp acquired a new position in shares of JetBlue Airways during the second quarter worth about $11,336,000. Connor Clark & Lunn Investment Management Ltd. purchased a new position in JetBlue Airways in the 2nd quarter worth approximately $10,748,000. Finally, Renaissance Technologies LLC grew its holdings in JetBlue Airways by 235.9% during the 1st quarter. Renaissance Technologies LLC now owns 2,246,200 shares of the transportation company’s stock valued at $9,928,000 after purchasing an additional 1,577,500 shares in the last quarter. Institutional investors own 83.71% of the company’s stock.

JetBlue Airways News Roundup

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

• Positive Sentiment: JetBlue raised its revenue outlook, suggesting stronger fares and demand could improve near-term sales. Zacks Research also modestly improved its Q3 2026 EPS forecast to a loss of $0.54 per share from a loss of $0.57. JetBlue Raises Its Revenue Outlook
• Neutral Sentiment: The key investor question is whether higher fares can outpace rising fuel, labor and operating costs. Revenue growth is encouraging, but profitability remains the central issue for the airline. JetBlue Raises Its Revenue Outlook
• Neutral Sentiment: Recent coverage is drawing fresh attention to JetBlue’s outlook, including its ability to convert improved pricing and demand into sustainable earnings. The company remains loss-making, with analysts expecting a $2.42 per-share loss for fiscal 2026. JetBlue Airways Drawing Fresh Attention
• Negative Sentiment: Zacks lowered several forward estimates, including FY2027 EPS to a loss of $0.53 from a loss of $0.35 and FY2028 EPS to $0.65 from $0.76. Estimates were also reduced for Q1 2027, Q4 2027 and Q1 2028, signaling concerns about the pace of the recovery beyond the near term.
• Negative Sentiment: Although the FY2026 loss estimate improved slightly to $2.42 per share from $2.46, JetBlue’s heavy debt burden and ongoing negative profitability leave limited room for execution mistakes. These concerns help explain the pressure on JBLU despite the improved revenue outlook.

JetBlue Airways Company Profile

JetBlue Airways Corporation (NASDAQ: JBLU) is a passenger airline that provides scheduled air transportation in the United States, the Caribbean, Latin America, Canada and select destinations in Europe. The company serves leisure and business travelers through a network connecting major cities, focus cities and vacation destinations.

JetBlue offers several travel products and services, including standard economy seating, premium Mint service on select routes, and EvenMore seating with additional legroom and other benefits.