Global Crossing Airlines Group (OTCMKTS:JETMF) Upgraded by Zacks Research to Hold Rating

Zacks Research upgraded shares of Global Crossing Airlines Group (OTCMKTS:JETMF) to a hold rating in a report issued on Thursday morning,Zacks.com reports.

Separately, Litchfield Hills Research assumed coverage on shares of Global Crossing Airlines Group in a report on Monday. They set a “buy” rating for the company. One analyst has rated the stock with a Buy rating and one has issued a Hold rating to the company’s stock. Based on data from MarketBeat, Global Crossing Airlines Group currently has an average rating of “Moderate Buy”.

Global Crossing Airlines Group Trading Down 11.0%

OTCMKTS JETMF opened at $0.58 on Thursday. The company has a fifty day simple moving average of $0.73 and a 200 day simple moving average of $0.61. The company has a market cap of $38.48 million, a P/E ratio of -58.00 and a beta of 1.00. Global Crossing Airlines Group has a 1 year low of $0.38 and a 1 year high of $0.87.

Global Crossing Airlines Group (OTCMKTS:JETMF) last announced its earnings results on Wednesday, May 6th. The company reported $0.04 EPS for the quarter, topping the consensus estimate of ($0.02) by $0.06. The firm had revenue of $76.57 million during the quarter, compared to the consensus estimate of $60.53 million. Equities research analysts forecast that Global Crossing Airlines Group will post 0.29 EPS for the current fiscal year.

Key Headlines Impacting Global Crossing Airlines Group

Here are the key news stories impacting Global Crossing Airlines Group this week:

• Positive Sentiment: Litchfield Hills Research maintained a Buy rating and issued multiple earnings forecasts that imply expected profitability across 2026 and 2027, which can improve investor confidence in Global Crossing Airlines Group’s outlook.
• Neutral Sentiment: Zacks Research upgraded Global Crossing Airlines Group Inc. (JETMF) to Hold, a modestly better view than a lower rating but not a strong bullish catalyst. Zacks.com
• Neutral Sentiment: Analysts highlighted projected EPS of $0.29 for FY2026 and $0.34 for FY2027, along with quarterly estimates that suggest continued earnings improvement, but these are forecasts rather than reported results.

About Global Crossing Airlines Group

Global Crossing Airlines Group (OTCMKTS: JETMF) is an aviation holding company whose principal subsidiary, GlobalX Airlines, provides passenger charter, scheduled and ACMI (aircraft, crew, maintenance and insurance) services. The company operates a fleet of narrow-body aircraft, primarily Airbus A320‐family jets, configured to support leisure and charter markets, air-bridge operations and ad hoc charters.

The company’s main business activities include on-demand charter flights for tour operators, cruise lines and corporate clients, as well as scheduled service linking key U.S.