JetBlue Airways (NASDAQ:JBLU) Announces Quarterly Earnings Results

JetBlue Airways (NASDAQ:JBLU) announced its earnings results on Monday. The transportation company reported ($0.60) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.55) by ($0.05), FiscalAI reports. The business had revenue of $2.81 billion for the quarter, compared to analyst estimates of $2.83 billion. JetBlue Airways had a negative return on equity of 45.92% and a negative net margin of 9.32%. The business’s revenue was up 21.1% on a year-over-year basis. During the same quarter in the previous year, the firm posted ($0.40) EPS.

JetBlue Airways Stock Performance

JBLU stock opened at $2.37 on Tuesday. The business’s fifty day moving average price is $4.22 and its two-hundred day moving average price is $4.98. 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 fifty-two week low of $2.16 and a fifty-two week high of $6.62.

Insider Buying and Selling

In other JetBlue Airways news, CFO Ursula 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 value of $444,977.28. Following the transaction, the chief financial officer directly owned 211,099 shares of the company’s stock, valued at approximately $1,215,930.24. The trade was a 26.79% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last 90 days, insiders sold 83,253 shares of company stock worth $474,477. 2.41% of the stock is currently owned by insiders.

Analysts Set New Price Targets

Several research firms have recently commented on JBLU. Weiss Ratings reiterated a “sell (d-)” rating on shares of JetBlue Airways in a research note on Thursday, October 15th. Susquehanna cut their price objective on JetBlue Airways from $6.00 to $4.00 and set a “neutral” rating for the company in a research report on Wednesday, October 7th. The Goldman Sachs Group increased their price objective on JetBlue Airways from $3.50 to $4.50 and gave the stock a “sell” rating in a research note on Thursday, July 2nd. Citigroup upgraded shares of JetBlue Airways from a “sell” rating to a “neutral” rating and reduced their target price for the company from $5.30 to $4.50 in a research note on Tuesday, October 6th. Finally, BMO Capital Markets reduced their price objective on JetBlue Airways from $6.75 to $5.25 and set a “market perform” rating for the company in a research report on Monday, September 28th. Nine analysts have rated the stock with a Hold rating and four have assigned a Sell rating to the company’s stock. Based on data from MarketBeat, JetBlue Airways has a consensus rating of “Reduce” and a consensus target price of $4.98.

Key JetBlue Airways News

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

• Positive Sentiment: JetBlue reported third-quarter revenue of approximately $2.81 billion, up 21.1% year over year. Management cited resilient demand, strong yields and progress in recapturing higher fuel costs, while saying fourth-quarter momentum and margin trends are improving. JetBlue Announces Third Quarter 2026 Results
• Positive Sentiment: The carrier continues pursuing cost reductions and higher-margin premium revenue, including an expanded focus on Fort Lauderdale. UBS also upgraded the stock from Sell to Neutral, which may provide limited support. JetBlue posts strong Q3 results, boosts Fort Lauderdale

About JetBlue Airways

JetBlue Airways Corporation is a U.S.-based passenger airline that provides scheduled air transportation to destinations across the United States, the Caribbean, Latin America and select locations in Europe. The company operates primarily from focus cities including New York, Boston, Fort Lauderdale, Orlando and Los Angeles, with a network designed to connect major metropolitan areas and leisure destinations.

JetBlue offers multiple classes and service options, including standard economy seating, extra-legroom EvenMore seats and its premium Mint service on select routes.