Brokers Set Expectations for JetBlue Airways Q3 Earnings

JetBlue Airways Corporation (NASDAQ:JBLU) – Research analysts at Seaport Res Ptn issued their Q3 2026 EPS estimates for shares of JetBlue Airways in a report issued on Tuesday, October 28th. Seaport Res Ptn analyst D. Mckenzie expects that the transportation company will post earnings per share of ($0.15) for the quarter. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share.

Other analysts also recently issued reports about the company. UBS Group upped their price objective on JetBlue Airways from $3.00 to $4.00 and gave the stock a “sell” rating in a report on Friday, September 5th. Citigroup set a $5.00 price objective on JetBlue Airways and gave the stock a “neutral” rating in a report on Tuesday, July 29th. TD Cowen lifted their price objective on JetBlue Airways from $4.00 to $5.00 and gave the company a “hold” rating in a research note on Monday, September 8th. Susquehanna lifted their price objective on JetBlue Airways from $4.00 to $5.00 and gave the company a “neutral” rating in a research note on Friday, October 3rd. Finally, Barclays reaffirmed an “underweight” rating on shares of JetBlue Airways in a research note on Tuesday, July 29th. Seven investment analysts have rated the stock with a Hold rating and five have given a Sell rating to the company’s stock. According to MarketBeat.com, the stock currently has a consensus rating of “Reduce” and a consensus price target of $5.28.

JetBlue Airways Stock Up 1.0%

JBLU stock opened at $4.13 on Thursday. The stock has a market capitalization of $1.50 billion, a P/E ratio of -3.13 and a beta of 1.82. The company has a debt-to-equity ratio of 3.42, a quick ratio of 0.84 and a current ratio of 0.82. JetBlue Airways has a one year low of $3.34 and a one year high of $8.31. The company has a 50 day moving average price of $4.92 and a two-hundred day moving average price of $4.67.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings data on Tuesday, October 28th. The transportation company reported ($0.40) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.43) by $0.03. The business had revenue of $2.32 billion during the quarter, compared to analysts’ expectations of $2.32 billion. JetBlue Airways had a negative net margin of 5.16% and a negative return on equity of 19.87%. The company’s revenue was down 1.8% on a year-over-year basis. During the same period last year, the company posted ($0.16) EPS.

Institutional Investors Weigh In On JetBlue Airways

Several hedge funds and other institutional investors have recently bought and sold shares of JBLU. Samalin Investment Counsel LLC bought a new position in shares of JetBlue Airways during the third quarter worth about $1,129,000. Inscription Capital LLC bought a new position in shares of JetBlue Airways during the third quarter worth about $166,000. Tred Avon Family Wealth LLC bought a new position in shares of JetBlue Airways during the third quarter worth about $121,000. Bogart Wealth LLC lifted its position in shares of JetBlue Airways by 12,727.3% during the third quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock worth $35,000 after purchasing an additional 7,000 shares during the last quarter. Finally, Bayforest Capital Ltd bought a new position in shares of JetBlue Airways during the third quarter worth about $475,000. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

JetBlue Airways Company Profile

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.