JetBlue Airways (NASDAQ:JBLU) Price Target Lowered to $3.50 at The Goldman Sachs Group

JetBlue Airways (NASDAQ:JBLU) had its price target cut by The Goldman Sachs Group from $4.00 to $3.50 in a report released on Wednesday,Benzinga reports. They currently have a sell rating on the transportation company’s stock.

Other equities analysts have also recently issued reports about the company. TD Cowen upgraded JetBlue Airways from a “hold” rating to a “strong-buy” rating in a research report on Tuesday, March 10th. UBS Group dropped their price target on JetBlue Airways from $4.00 to $3.50 and set a “sell” rating for the company in a research report on Monday, March 16th. Weiss Ratings reissued a “sell (d-)” rating on shares of JetBlue Airways in a report on Thursday, January 22nd. JPMorgan Chase & Co. upped their price objective on shares of JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research report on Wednesday, January 28th. Finally, BMO Capital Markets initiated coverage on shares of JetBlue Airways in a research note on Tuesday, March 24th. They issued a “market perform” rating and a $4.50 target price on the stock. One investment analyst has rated the stock with a Strong Buy rating, seven have issued a Hold rating and five have assigned a Sell rating to the company. According to data from MarketBeat, JetBlue Airways currently has a consensus rating of “Reduce” and a consensus price target of $4.76.

JetBlue Airways Stock Performance

NASDAQ JBLU opened at $4.55 on Wednesday. The company’s 50 day simple moving average is $5.09 and its two-hundred day simple moving average is $4.83. The company has a debt-to-equity ratio of 3.65, a current ratio of 0.74 and a quick ratio of 0.69. JetBlue Airways has a 1 year low of $3.34 and a 1 year high of $6.50. The stock has a market capitalization of $1.68 billion, a PE ratio of -2.72 and a beta of 1.75.

JetBlue Airways (NASDAQ:JBLU) last released its quarterly earnings results on Tuesday, January 27th. The transportation company reported ($0.49) EPS for the quarter, missing analysts’ consensus estimates of ($0.45) by ($0.04). The firm 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 for the quarter was down 1.4% on a year-over-year basis. During the same quarter last year, the firm earned ($0.21) earnings per share. Analysts predict that JetBlue Airways will post -0.69 earnings per share for the current fiscal year.

Hedge Funds Weigh In On JetBlue Airways

Large investors have recently modified their holdings of the company. Rockefeller Capital Management L.P. lifted 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 worth $25,000 after buying an additional 3,373 shares during the last quarter. Caitong International Asset Management Co. Ltd raised its stake in shares of JetBlue Airways by 639.1% during 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 stake in shares of JetBlue Airways in the 4th quarter worth approximately $30,000. Leonteq Securities AG purchased a new stake in shares of JetBlue Airways in the 4th quarter valued at $32,000. Finally, Bogart Wealth LLC boosted its stake in shares of JetBlue Airways by 12,727.3% in the 3rd quarter. Bogart Wealth LLC now owns 7,055 shares of the transportation company’s stock valued at $35,000 after purchasing an additional 7,000 shares in the last quarter. 83.71% of the stock is owned by hedge funds and other institutional investors.

Trending Headlines about JetBlue Airways

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

• Positive Sentiment: Launched TrueBlue Subscriptions and broader points redemption — an industry-first U.S. airline subscription that can drive recurring revenue, improve customer retention and increase ancillary sales. JetBlue Expands TrueBlue with “Points On Repeat” Subscriptions and the Ability to Redeem Points for Travel Extras
• Positive Sentiment: Program changes framed as “customer-friendly” — media coverage highlights the potential lift to loyalty and repeat bookings from the Points On Repeat feature, which supports the recurring-revenue thesis. JetBlue Airways’ Customer-Friendly Move Boosts Loyalty Program
• Neutral Sentiment: Industry context — Amazon’s satellite internet deal with Delta underscores growing competition and tech shifts in in-flight services; not a direct JetBlue story but relevant to airline product competition and passenger experience. Amazon’s Starlink Competitor Will Provide Satellite Internet Services To Delta
• Neutral Sentiment: Market positioning / investor metrics — short-interest and trading-volume notes may influence volatility but don’t change fundamentals immediately. JetBlue Airways Corporation (NASDAQ:JBLU) Short Interest Update
• Negative Sentiment: Goldman Sachs cut its price target to $3.50 and maintains a sell rating, flagging downside versus the current market level and potentially applying pressure from institutional sellers. Benzinga
• Negative Sentiment: Jet fuel spike tied to the Iran war is forcing cost pass-throughs and margin risk — JetBlue raised checked-bag fees to help offset soaring fuel costs, which signals higher operating pressure and may weigh on demand/PR. JetBlue raises its checked bag fees by as much as $9 as the Iran war affects fuel costs

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.