JetBlue Airways Q2 EPS Forecast Increased by Zacks Research

JetBlue Airways Co. (NASDAQ:JBLU) – Analysts at Zacks Research raised their Q2 2026 earnings per share (EPS) estimates for JetBlue Airways in a research report issued to clients and investors on Thursday, December 12th. Zacks Research analyst M. Basu now forecasts that the transportation company will post earnings per share of $0.19 for the quarter, up from their previous forecast of $0.18. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.89) per share. Zacks Research also issued estimates for JetBlue Airways’ FY2026 earnings at $0.33 EPS.

Several other brokerages have also recently commented on JBLU. Evercore ISI boosted their price target on shares of JetBlue Airways from $4.00 to $5.00 and gave the stock an “in-line” rating in a research report on Thursday, October 3rd. Barclays upped their target price on JetBlue Airways from $5.00 to $7.00 and gave the company an “underweight” rating in a report on Thursday, November 14th. Morgan Stanley reiterated an “equal weight” rating and set a $8.00 price target on shares of JetBlue Airways in a report on Wednesday, December 11th. Bank of America upgraded shares of JetBlue Airways from an “underperform” rating to a “neutral” rating and upped their price objective for the stock from $3.00 to $6.00 in a report on Monday, September 9th. Finally, TD Cowen increased their price target on JetBlue Airways from $5.00 to $6.00 and gave the company a “hold” rating in a report on Friday, September 6th. Four equities research analysts have rated the stock with a sell rating, seven have given a hold rating and one has issued a buy rating to the company’s stock. According to data from MarketBeat.com, JetBlue Airways presently has a consensus rating of “Hold” and a consensus target price of $6.57.

JetBlue Airways Stock Performance

Shares of JBLU stock opened at $7.30 on Monday. The firm has a market capitalization of $2.53 billion, a price-to-earnings ratio of -2.80 and a beta of 1.92. The business has a 50 day simple moving average of $6.59 and a 200 day simple moving average of $6.01. JetBlue Airways has a 12-month low of $4.49 and a 12-month high of $8.07. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.21 and a quick ratio of 1.18.

JetBlue Airways (NASDAQ:JBLU) last issued its earnings results on Tuesday, October 29th. The transportation company reported ($0.16) EPS for the quarter, topping the consensus estimate of ($0.26) by $0.10. JetBlue Airways had a negative return on equity of 8.35% and a negative net margin of 9.17%. The company had revenue of $2.37 billion during the quarter, compared to analyst estimates of $2.36 billion. During the same quarter last year, the firm earned ($0.39) EPS. The business’s revenue was up .5% on a year-over-year basis.

Institutional Investors Weigh In On JetBlue Airways

Institutional investors have recently made changes to their positions in the company. Bogart Wealth LLC lifted its stake in shares of JetBlue Airways by 1,951.2% in the 3rd quarter. Bogart Wealth LLC now owns 4,205 shares of the transportation company’s stock valued at $28,000 after acquiring an additional 4,000 shares during the last quarter. Harvest Fund Management Co. Ltd acquired a new stake in shares of JetBlue Airways in the 3rd quarter worth about $28,000. Strategic Investment Solutions Inc. IL bought a new stake in JetBlue Airways during the second quarter worth $34,000. Point72 DIFC Ltd bought a new stake in shares of JetBlue Airways in the 2nd quarter worth $48,000. Finally, Fifth Third Wealth Advisors LLC purchased a new position in JetBlue Airways in the second quarter worth $63,000. Institutional investors own 83.71% of the company’s stock.

About JetBlue Airways

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.