Zacks Research Raises Earnings Estimates for JetBlue Airways

JetBlue Airways Corporation (NASDAQ:JBLU) – Investment analysts at Zacks Research lifted their Q3 2026 earnings per share estimates for shares of JetBlue Airways in a research report issued on Tuesday, August 11th. Zacks Research analyst Team now expects that the transportation company will earn ($0.57) per share for the quarter, up from their previous estimate of ($0.91). The consensus estimate for JetBlue Airways’ current full-year earnings is ($2.35) per share. Zacks Research also issued estimates for JetBlue Airways’ Q4 2026 earnings at ($0.35) EPS, FY2026 earnings at ($2.46) EPS, Q1 2027 earnings at ($0.34) EPS, Q2 2027 earnings at $0.03 EPS, Q3 2027 earnings at $0.06 EPS, Q4 2027 earnings at ($0.10) EPS, FY2027 earnings at ($0.35) EPS, Q1 2028 earnings at $0.02 EPS, Q2 2028 earnings at $0.35 EPS and FY2028 earnings at $0.76 EPS.

JBLU has been the subject of several other research reports. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a research report on Friday, July 17th. Wall Street Zen upgraded shares of JetBlue Airways from a “strong sell” rating to a “sell” rating in a report on Saturday, May 23rd. UBS Group lifted their price objective on shares of JetBlue Airways from $4.00 to $4.50 and gave the stock a “sell” rating in a research report on Tuesday, June 23rd. Raymond James Financial reiterated an “underperform” rating on shares of JetBlue Airways in a research note on Monday, July 6th. Finally, Seaport Research Partners raised JetBlue Airways from a “neutral” rating to a “buy” rating and set a $8.00 target price on the stock in a report on Thursday, April 16th. One analyst has rated the stock with a Strong Buy rating, five have assigned a Hold rating and six have issued a Sell rating to the company. Based on data from MarketBeat.com, the company currently has an average rating of “Reduce” and an average price target of $5.40.

JetBlue Airways Trading Down 0.5%

Shares of JBLU stock opened at $5.78 on Thursday. JetBlue Airways has a fifty-two week low of $3.87 and a fifty-two week high of $6.62. The company has a 50 day moving average price of $5.59 and a 200 day moving average price of $5.24. The stock has a market capitalization of $2.18 billion, a P/E ratio of -2.42 and a beta of 1.74. The company has a debt-to-equity ratio of 5.04, a quick ratio of 0.63 and a current ratio of 0.70.

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

Hedge Funds Weigh In On JetBlue Airways

Several large investors have recently bought and sold shares of JBLU. Connor Clark & Lunn Investment Management Ltd. purchased a new position in shares of JetBlue Airways during the second quarter worth about $10,748,000. Pinnacle Holdings LLC purchased a new stake in shares of JetBlue Airways in the 2nd quarter valued at about $2,453,000. Northwestern Mutual Wealth Management Co. acquired a new stake in shares of JetBlue Airways in the 2nd quarter valued at about $27,000. Quantbot Technologies LP acquired a new stake in shares of JetBlue Airways in the 2nd quarter valued at about $1,991,000. Finally, EP Wealth Advisors LLC purchased a new position in JetBlue Airways during the 2nd quarter worth approximately $171,000. Institutional investors and hedge funds own 83.71% of the company’s stock.

Insider Buying and Selling

In other JetBlue Airways news, Director Vivek Sharma sold 32,000 shares of the firm’s stock in a transaction that occurred 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 sale, the director owned 35,479 shares of the company’s stock, valued at approximately $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 Securities & Exchange Commission, which can be accessed through this link. Also, CFO Ursula L. Hurley sold 77,253 shares of the business’s stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $5.76, for a total transaction of $444,977.28. Following the sale, the chief financial officer owned 211,099 shares of the company’s stock, valued at $1,215,930.24. This represents a 26.79% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last three months, insiders have sold 111,253 shares of company stock worth $629,597. 2.41% of the stock is owned by corporate insiders.

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.