JetBlue Airways (NASDAQ:JBLU) Now Covered by Analysts at BMO Capital Markets

BMO Capital Markets started coverage on shares of JetBlue Airways (NASDAQ:JBLU) in a research note released on Tuesday morning, MarketBeat.com reports. The firm issued a market perform rating and a $4.50 target price on the transportation company’s stock.

JBLU has been the subject of several other reports. Susquehanna lifted their price objective on JetBlue Airways from $4.55 to $5.00 and gave the stock a “neutral” rating in a research report on Friday, January 9th. Citigroup cut their target price on JetBlue Airways from $6.00 to $4.40 and set a “neutral” rating on the stock in a research report on Friday, March 20th. The Goldman Sachs Group raised their target price on JetBlue Airways from $3.50 to $4.00 and gave the stock a “sell” rating in a research note on Tuesday, January 13th. JPMorgan Chase & Co. lifted their target price on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Finally, TD Cowen raised JetBlue Airways from a “hold” rating to a “strong-buy” rating in a research note on Tuesday, March 10th. One analyst has rated the stock with a Strong Buy rating, seven have assigned a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, the company currently has a consensus rating of “Reduce” and a consensus price target of $4.80.

JetBlue Airways Trading Down 0.2%

JBLU opened at $4.19 on Tuesday. JetBlue Airways has a twelve month low of $3.34 and a twelve month high of $6.50. The company has a quick ratio of 0.69, a current ratio of 0.74 and a debt-to-equity ratio of 3.65. The company has a fifty day moving average of $5.19 and a 200-day moving average of $4.86. The stock has a market cap of $1.55 billion, a PE ratio of -2.51 and a beta of 1.72.

JetBlue Airways (NASDAQ:JBLU) last released its earnings results on Tuesday, January 27th. The transportation company reported ($0.49) earnings per share (EPS) for the quarter, missing the consensus estimate of ($0.45) by ($0.04). The firm had revenue of $2.24 billion during the quarter, compared to analyst estimates of $2.22 billion. JetBlue Airways had a negative net margin of 6.64% and a negative return on equity of 25.62%. JetBlue Airways’s quarterly revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm earned ($0.21) EPS. On average, sell-side analysts predict that JetBlue Airways will post -0.69 EPS for the current year.

Institutional Trading of JetBlue Airways

Several large investors have recently made changes to their positions in the company. Rockefeller Capital Management L.P. increased its position in JetBlue Airways by 157.3% in the 4th quarter. Rockefeller Capital Management L.P. now owns 5,517 shares of the transportation company’s stock valued at $25,000 after buying an additional 3,373 shares in the last quarter. Caitong International Asset Management Co. Ltd boosted its holdings in JetBlue Airways by 639.1% in the third quarter. Caitong International Asset Management Co. Ltd now owns 5,839 shares of the transportation company’s stock worth $29,000 after acquiring an additional 5,049 shares in the last quarter. Kestra Advisory Services LLC bought a new position in JetBlue Airways in the fourth quarter worth approximately $30,000. Leonteq Securities AG acquired a new stake in JetBlue Airways in the fourth quarter valued at approximately $32,000. Finally, Bogart Wealth LLC grew its stake in JetBlue Airways by 12,727.3% in the third quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock valued at $35,000 after acquiring an additional 7,000 shares during the period. 83.71% of the stock is currently owned by institutional investors and hedge funds.

Key Stories Impacting JetBlue Airways

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

• Positive Sentiment: Short-term market/geopolitical relief lifted airline stocks, helping JBLU earlier this week — Biden/Trump-related de‑escalation headlines boosted risk appetite and supported airline demand expectations. Why Are Shares of JetBlue Rising Today?
• Neutral Sentiment: BMO Capital Markets initiated coverage with a “market perform” rating and a $4.50 price target — a modest upside to the current level that may increase analyst attention but does not signal conviction. BMO Coverage Note
• Negative Sentiment: Large jump in short interest: reports show ~72.8M shares short as of March 13 (about 19.9% of float, ~3.1 days to cover). That elevated short interest is bearish for sentiment, increases downside pressure and can raise volatility. (Data entries show inconsistencies in later prints; the March 13 figure is the most material.)
• Negative Sentiment: Citigroup cut its price target to $4.40, lowering sell‑side expectations and adding downward pressure on the stock. Citigroup Cuts JetBlue Price Target
• Negative Sentiment: Competitive product changes at United Airlines (adding more premium seats/cabin reconfigurations) could pressure yields on overlapping routes and intensify competition for higher‑yield passengers. United Ditches More Economy Seats

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.