JetBlue Airways Corporation (NASDAQ:JBLU – Get Free Report) has been given a consensus recommendation of “Reduce” by the thirteen ratings firms that are presently covering the company, Marketbeat.com reports. Five research analysts have rated the stock with a sell recommendation, seven have given a hold recommendation and one has given a strong buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is $4.8042.
JBLU has been the subject of a number of research reports. Morgan Stanley lowered their target price on JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating for the company in a report on Monday, December 8th. JPMorgan Chase & Co. upped their price objective on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Evercore increased their price objective on JetBlue Airways from $5.00 to $6.00 and gave the stock an “in-line” rating in a report on Thursday, January 29th. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a research report on Thursday, January 22nd. Finally, The Goldman Sachs Group upped their price target on JetBlue Airways from $3.50 to $4.00 and gave the stock a “sell” rating in a research report on Tuesday, January 13th.
Read Our Latest Stock Report on JBLU
JetBlue Airways Stock Performance
JetBlue Airways (NASDAQ:JBLU – Get Free Report) last issued its quarterly earnings data on Tuesday, January 27th. The transportation company reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.04). The company had revenue of $2.24 billion for the quarter, compared to analyst estimates of $2.22 billion. JetBlue Airways had a negative return on equity of 25.62% and a negative net margin of 6.64%.The company’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the business earned ($0.21) earnings per share. On average, analysts forecast that JetBlue Airways will post -0.69 EPS for the current fiscal year.
Institutional Investors Weigh In On JetBlue Airways
Several institutional investors and hedge funds have recently added to or reduced their stakes in JBLU. Stifel Financial Corp boosted its stake in shares of JetBlue Airways by 0.6% during the 4th quarter. Stifel Financial Corp now owns 326,990 shares of the transportation company’s stock worth $1,488,000 after buying an additional 1,928 shares during the last quarter. Vident Advisory LLC increased its position in shares of JetBlue Airways by 20.2% in the fourth quarter. Vident Advisory LLC now owns 13,232 shares of the transportation company’s stock valued at $60,000 after acquiring an additional 2,226 shares during the last quarter. CWM LLC raised its holdings in JetBlue Airways by 3.2% during the third quarter. CWM LLC now owns 78,200 shares of the transportation company’s stock worth $385,000 after acquiring an additional 2,394 shares in the last quarter. Essex Financial Services Inc. raised its holdings in JetBlue Airways by 12.4% during the fourth quarter. Essex Financial Services Inc. now owns 23,504 shares of the transportation company’s stock worth $107,000 after acquiring an additional 2,599 shares in the last quarter. Finally, Cetera Investment Advisers boosted its position in JetBlue Airways by 10.7% during the second quarter. Cetera Investment Advisers now owns 30,678 shares of the transportation company’s stock valued at $130,000 after purchasing an additional 2,954 shares during the last quarter. 83.71% of the stock is owned by institutional investors.
JetBlue Airways News Roundup
Here are the key news stories impacting JetBlue Airways this week:
- Positive Sentiment: JetBlue launched TrueBlue Subscriptions and new point-redemption options, which should increase recurring ancillary revenue, improve customer retention and make loyalty spend more predictable for the airline. JetBlue Expands TrueBlue (BusinessWire)
- Positive Sentiment: JetBlue raised checked-bag fees (first bag up to $49 in peak times), a direct ancillary-revenue move that helps offset higher operating costs and supports near-term cash flow. JetBlue raises bag fees (CNBC)
- Neutral Sentiment: A short-interest update was published (monitorable for positioning shifts), but it did not contain immediate corporate-action news. Short Interest Update
- Neutral Sentiment: Separately, Amazon’s satellite-internet deal with Delta highlights growing competition and investment in inflight connectivity; this is industry context but does not directly affect JetBlue unless it influences future Wi‑Fi contracts or capex choices. Amazon Starlink competitor lands Delta deal (Yahoo)
- Negative Sentiment: Jet fuel prices have surged amid the Iran war, raising operating costs materially; this is the root cause cited for the fee increases and remains a direct margin headwind that could outweigh ancillary gains if fuel stays elevated. Fuel surge and fee hike coverage (FOX Business)
- Negative Sentiment: Higher ancillary fees risk deterring price-sensitive leisure customers, which could pressure unit revenues and load factors during peak travel windows. Multiple outlets flagged the demand-risk tradeoff. Demand risk discussion (Business Insider)
About JetBlue Airways
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.
Further Reading
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