Zacks Research Predicts Reduced Earnings for JetBlue Airways

JetBlue Airways Corporation (NASDAQ:JBLU) – Investment analysts at Zacks Research decreased their FY2028 earnings per share estimates for JetBlue Airways in a research report issued on Tuesday, March 24th. Zacks Research analyst Team now expects that the transportation company will post earnings per share of $0.52 for the year, down from their prior estimate of $0.57. The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings data on Tuesday, January 27th. The transportation company reported ($0.49) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.04). The company had revenue of $2.24 billion for the quarter, compared to the consensus estimate 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 revenue for the quarter was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.21) earnings per share.

A number of other analysts have also weighed in on JBLU. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of JetBlue Airways in a research note on Thursday, January 22nd. Citigroup lowered their price objective on shares of JetBlue Airways from $6.00 to $4.40 and set a “neutral” rating on the stock in a research note on Friday, March 20th. TD Cowen raised JetBlue Airways from a “hold” rating to a “strong-buy” rating in a report on Tuesday, March 10th. Evercore upped their target price on JetBlue Airways from $5.00 to $6.00 and gave the stock an “in-line” rating in a research report on Thursday, January 29th. Finally, UBS Group decreased their price target on JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a research note on Monday, March 16th. One analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and five have given a Sell rating to the stock. According to data from MarketBeat, JetBlue Airways presently has a consensus rating of “Reduce” and an average price target of $4.80.

JetBlue Airways Stock Down 5.1%

JetBlue Airways stock opened at $4.51 on Thursday. The stock has a market cap of $1.67 billion, a price-to-earnings ratio of -2.70 and a beta of 1.72. The company has a current ratio of 0.74, a quick ratio of 0.69 and a debt-to-equity ratio of 3.65. The company’s 50-day moving average price is $5.18 and its two-hundred day moving average price is $4.86. JetBlue Airways has a 52 week low of $3.34 and a 52 week high of $6.50.

Hedge Funds Weigh In On JetBlue Airways

Several hedge funds have recently made changes to their positions in JBLU. Samalin Investment Counsel LLC acquired a new stake in JetBlue Airways during the third quarter valued at approximately $1,129,000. Assenagon Asset Management S.A. grew its position in JetBlue Airways by 17.6% in the third quarter. Assenagon Asset Management S.A. now owns 1,951,255 shares of the transportation company’s stock worth $9,600,000 after buying an additional 291,758 shares during the last quarter. SG Americas Securities LLC increased its holdings in shares of JetBlue Airways by 372.1% in the third quarter. SG Americas Securities LLC now owns 485,945 shares of the transportation company’s stock valued at $2,391,000 after buying an additional 383,018 shares in the last quarter. ING Groep NV bought a new position in shares of JetBlue Airways in the third quarter valued at $4,920,000. Finally, Citigroup Inc. lifted its position in shares of JetBlue Airways by 91.0% during the 3rd quarter. Citigroup Inc. now owns 813,375 shares of the transportation company’s stock valued at $4,002,000 after acquiring an additional 387,543 shares during the last quarter. Institutional investors and hedge funds 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: Reports that JetBlue has retained advisers to explore a sale or strategic options have driven renewed takeover hopes, which lifted the stock sharply on Wednesday and attracted heavy call buying. JetBlue taps advisers for potential sale, Semafor reports
• Positive Sentiment: Unusually large options activity — heavy call buying Wednesday — signaled aggressive bullish speculative interest that amplified the price move. (Traders bought roughly 81,160 calls, ~213% above normal daily call volume.)
• Positive Sentiment: Marketing and network growth news (new Fort Lauderdale–Cleveland route and added frequencies) and a multi‑year sports partnership broaden revenue and brand exposure, supporting longer‑term demand narratives. JetBlue Grows Fort Lauderdale Network with New Route and More Flights JetBlue Takes Flight as Boston Legacy FC’s Official Airline Partner
• Neutral Sentiment: BMO Capital Markets initiated coverage with a Market Perform (hold) — this adds institutional attention but not an outright buy signal. BMO Capital initiates coverage of JetBlue Airways (JBLU) with market perform recommendation
• Neutral Sentiment: General news roundups and company mentions in market briefs boosted visibility but added little new fundamental information. Company News for Mar 26, 2026
• Negative Sentiment: Analyst and earnings headwinds: Zacks trimmed FY2028 EPS expectations (lowered its estimate), and JetBlue’s recent quarterly report showed an EPS miss and negative margins/ROE — factors that weigh on valuation and reduce margin for further downgrades. (Analyst consensus still expects negative EPS for the current year.)
• Negative Sentiment: After the rally, the stock is experiencing profit‑taking and a short‑term technical pullback; multiple outlets note the price is “cooling off” following Wednesday’s surge, which explains the downward move today. JetBlue stock is dipping after its Wednesday rally: What’s happening? JetBlue Stock Is Dipping After Its Wednesday Rally: What’s Happening?

JetBlue Airways Company Profile

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.