Q3 EPS Estimates for JetBlue Airways Increased by Analyst

JetBlue Airways Corporation (NASDAQ:JBLU) – Research analysts at Zacks Research raised their Q3 2026 EPS estimates for JetBlue Airways in a report released on Monday, September 21st. Zacks Research analyst Team now expects that the transportation company will post earnings per share of ($0.54) for the quarter, up from their previous forecast of ($0.57). The consensus estimate for JetBlue Airways’ current full-year earnings is ($2.42) per share. Zacks Research also issued estimates for JetBlue Airways’ FY2026 earnings at ($2.42) EPS, Q1 2027 earnings at ($0.50) EPS, Q4 2027 earnings at ($0.14) EPS, FY2027 earnings at ($0.53) EPS, Q1 2028 earnings at ($0.03) EPS, Q2 2028 earnings at $0.34 EPS and FY2028 earnings at $0.65 EPS.

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

JBLU has been the subject of a number of other reports. BMO Capital Markets lifted their price target on JetBlue Airways from $6.00 to $6.75 and gave the stock a “market perform” rating in a report on Wednesday, July 29th. UBS Group cut their target price on JetBlue Airways from $5.00 to $4.00 and set a “sell” rating on the stock in a research report on Thursday, September 10th. Susquehanna boosted their target price on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research note on Tuesday, July 7th. The Goldman Sachs Group upped 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, Raymond James Financial reiterated an “underperform” rating on shares of JetBlue Airways in a research note on Monday, July 6th. Seven analysts have rated the stock with a Hold rating and six have assigned a Sell rating to the company. According to MarketBeat, JetBlue Airways has a consensus rating of “Reduce” and a consensus price target of $5.41.

JetBlue Airways Stock Performance

Shares of JBLU stock opened at $4.55 on Wednesday. The company has a market cap of $1.72 billion, a P/E ratio of -1.90 and a beta of 1.70. The firm has a fifty day moving average price of $5.15 and a 200 day moving average price of $5.06. The company has a current ratio of 0.70, a quick ratio of 0.63 and a debt-to-equity ratio of 5.04. JetBlue Airways has a 12 month low of $3.87 and a 12 month high of $6.62.

Insider Activity

In other JetBlue Airways news, CFO Ursula Hurley sold 77,253 shares of the firm’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 transaction, the chief financial officer owned 211,099 shares of the company’s stock, valued at approximately $1,215,930.24. This trade represents a 26.79% decrease in their ownership of the stock. The sale was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders sold a total of 81,253 shares of company stock worth $465,897 over the last 90 days. Company insiders own 2.41% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds have recently added to or reduced their stakes in the company. The Manufacturers Life Insurance Company boosted its holdings in JetBlue Airways by 15.5% during the second quarter. The Manufacturers Life Insurance Company now owns 157,664 shares of the transportation company’s stock worth $903,000 after buying an additional 21,131 shares in the last quarter. WINTON GROUP Ltd raised its position in shares of JetBlue Airways by 95.6% during the 2nd quarter. WINTON GROUP Ltd now owns 553,212 shares of the transportation company’s stock worth $3,170,000 after purchasing an additional 270,358 shares during the last quarter. Engineers Gate Manager LP grew its holdings in JetBlue Airways by 1,110.5% during the 2nd quarter. Engineers Gate Manager LP now owns 173,100 shares of the transportation company’s stock valued at $992,000 after buying an additional 158,800 shares during the last quarter. Integrated Wealth Concepts LLC acquired a new position in shares of JetBlue Airways in the second quarter worth $169,000. Finally, NewEdge Advisors LLC boosted its stake in shares of JetBlue Airways by 3,003.5% during the second quarter. NewEdge Advisors LLC now owns 33,456 shares of the transportation company’s stock valued at $192,000 after acquiring an additional 32,378 shares during the last quarter. Hedge funds and other institutional investors own 83.71% of the company’s stock.

More JetBlue Airways News

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

• Positive Sentiment: Zacks Research made modest upward revisions to its Q3 2026 EPS estimate, to a loss of $0.54 from a loss of $0.57, and to its FY2026 estimate, to a loss of $2.42 from a loss of $2.46. These changes suggest near-term results could be slightly better than previously expected. JetBlue Airways analyst estimates
• Neutral Sentiment: Airline shares were described as largely resilient after a failed telecom circuit at a Philadelphia air-traffic facility disrupted more than 1,000 flights across the New York area. The disruption creates operational risks for JetBlue, but the broader airline group reportedly remained relatively unfazed. Airline stocks and ground stop delays
• Negative Sentiment: Zacks lowered several forward estimates: Q1 2027 EPS to a loss of $0.50 from $0.34, FY2027 EPS to a loss of $0.53 from $0.35, Q4 2027 EPS to a loss of $0.14 from $0.10, Q1 2028 EPS to a loss of $0.03 from income of $0.02, and FY2028 EPS to $0.65 from $0.76. The revisions point to slower profitability improvement and are likely weighing on JBLU, particularly given its high leverage and negative margins. JetBlue Airways earnings estimates

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.