Citigroup Issues Pessimistic Forecast for JetBlue Airways (NASDAQ:JBLU) Stock Price

JetBlue Airways (NASDAQ:JBLU) had its target price cut by analysts at Citigroup from $6.00 to $4.40 in a research note issued on Friday,Benzinga reports. The firm currently has a “neutral” rating on the transportation company’s stock. Citigroup’s price objective suggests a potential upside of 9.18% from the company’s current price.

Several other research firms have also recently issued reports on JBLU. JPMorgan Chase & Co. upped their price objective on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. The Goldman Sachs Group boosted their target price on shares of JetBlue Airways from $3.50 to $4.00 and gave the stock a “sell” rating in a research report on Tuesday, January 13th. Susquehanna upped their price target on shares of JetBlue Airways from $4.55 to $5.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. UBS Group cut their price target on shares of JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a report on Monday, March 16th. Finally, Morgan Stanley reduced their price objective on shares of JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. One investment analyst has rated the stock with a Strong Buy rating, six have assigned a Hold rating and five have issued a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $4.83.

JetBlue Airways Stock Down 1.9%

JetBlue Airways stock opened at $4.03 on Friday. The company has a debt-to-equity ratio of 3.65, a quick ratio of 0.69 and a current ratio of 0.74. JetBlue Airways has a fifty-two week low of $3.34 and a fifty-two week high of $6.50. The stock has a 50-day simple moving average of $5.21 and a 200-day simple moving average of $4.88. The company has a market capitalization of $1.49 billion, a P/E ratio of -2.41 and a beta of 1.72.

JetBlue Airways (NASDAQ:JBLU) last posted its quarterly earnings data on Tuesday, January 27th. The transportation company reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.45) by ($0.04). The company had revenue of $2.24 billion for the quarter, compared to analysts’ expectations of $2.22 billion. JetBlue Airways had a negative net margin of 6.64% and a negative return on equity of 25.62%. The firm’s revenue was down 1.4% on a year-over-year basis. During the same period in the prior year, the company earned ($0.21) earnings per share. Equities research analysts expect that JetBlue Airways will post -0.69 earnings per share for the current year.

Institutional Investors Weigh In On JetBlue Airways

Institutional investors have recently bought and sold shares of the stock. Rockefeller Capital Management L.P. boosted its holdings in JetBlue Airways by 157.3% in the fourth quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock valued at $25,000 after acquiring an additional 3,373 shares during the last quarter. Corient Private Wealth LLC increased its stake in JetBlue Airways by 26.1% during the fourth quarter. Corient Private Wealth LLC now owns 22,513 shares of the transportation company’s stock worth $102,000 after acquiring an additional 4,664 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its holdings in shares of JetBlue Airways by 203.6% in the 4th quarter. Caitong International Asset Management Co. Ltd now owns 17,729 shares of the transportation company’s stock worth $81,000 after purchasing an additional 11,890 shares during the period. Alpine Global Management LLC purchased a new position in shares of JetBlue Airways in the 4th quarter worth about $89,000. Finally, Virtu Financial LLC acquired a new position in shares of JetBlue Airways in the 4th quarter valued at about $1,333,000. 83.71% of the stock is currently owned by hedge funds and other institutional investors.

Key Headlines Impacting JetBlue Airways

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

• Positive Sentiment: JetBlue raised its Q1/unit‑revenue outlook and reported stronger-than-expected demand across cabins, saying higher revenue trends are helping offset fuel headwinds. This supports near‑term revenue momentum. Read More.
• Positive Sentiment: TD Cowen bumped its price target to $5 from $4 and kept a Hold rating after conference takeaways showed better‑than‑expected fuel impact and bookings, giving some analyst support to the shares. Read More.
• Neutral Sentiment: Oil prices pulled back in Europe, briefly improving sentiment for airline and leisure stocks; a weaker oil backdrop would help JetBlue’s cost outlook but recent geopolitical volatility keeps the outlook unstable. Read More.
• Negative Sentiment: UBS cut its price target to $3.50 (from $4), saying rising fuel prices increase airline uncertainty and volatility — a direct headwind to JBLU’s valuation and a likely contributor to today’s selling pressure. Read More.
• Negative Sentiment: Citigroup lowered its price target from $6.00 to $4.40 and assigned a Neutral rating; the cut reduces upside expectations and signals analyst caution despite some operational improvements. Read More.
• Negative Sentiment: Analysts remain wary: the sector faces higher jet fuel assumptions and recent earnings showed losses and margin pressure for JetBlue, leaving consensus sentiment skewed toward Reduce/Neutral even as demand holds up. This analyst mix heightens downside risk. Read More.

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.