JetBlue Airways Q1 EPS Forecast Decreased by Zacks Research

JetBlue Airways Corporation (NASDAQ:JBLU) – Research analysts at Zacks Research decreased their Q1 2026 earnings estimates for shares of JetBlue Airways in a research report issued on Tuesday, February 10th. Zacks Research analyst Team now anticipates that the transportation company will post earnings of ($0.54) per share for the quarter, down from their previous forecast of ($0.44). The consensus estimate for JetBlue Airways’ current full-year earnings is ($0.69) per share. Zacks Research also issued estimates for JetBlue Airways’ Q2 2026 earnings at ($0.03) EPS, Q3 2026 earnings at ($0.09) EPS, Q4 2026 earnings at ($0.18) EPS, FY2026 earnings at ($0.84) EPS, Q1 2027 earnings at ($0.26) EPS, Q2 2027 earnings at $0.00 EPS, Q3 2027 earnings at $0.00 EPS, Q4 2027 earnings at ($0.07) EPS, FY2027 earnings at ($0.33) EPS and FY2028 earnings at $0.57 EPS.

JetBlue Airways (NASDAQ:JBLU) last issued its quarterly earnings results 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 business 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 24.93%. The business’s quarterly revenue was down 1.4% compared to the same quarter last year. During the same quarter in the prior year, the firm posted ($0.21) EPS.

Other equities analysts also recently issued research reports about the company. TD Cowen upped their target price on JetBlue Airways from $4.00 to $5.00 and gave the company a “hold” rating in a report on Wednesday, January 7th. Citigroup raised shares of JetBlue Airways from a “sell” rating to a “neutral” rating and set a $6.00 price objective on the stock in a research report on Tuesday, February 3rd. The Goldman Sachs Group increased 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 lifted their target price on shares of JetBlue Airways from $4.55 to $5.00 and gave the company a “neutral” rating in a research note on Friday, January 9th. Finally, JPMorgan Chase & Co. upped their price target on shares of JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a research note on Wednesday, January 28th. Eight analysts have rated the stock with a Hold rating and five have issued a Sell rating to the company. According to data from MarketBeat, JetBlue Airways currently has an average rating of “Reduce” and a consensus price target of $5.27.

JetBlue Airways Trading Down 3.1%

Shares of NASDAQ JBLU opened at $5.63 on Thursday. The company has a current ratio of 0.82, a quick ratio of 0.77 and a debt-to-equity ratio of 3.42. JetBlue Airways has a one year low of $3.34 and a one year high of $7.83. The business has a 50-day moving average price of $5.10 and a two-hundred day moving average price of $4.85. The firm has a market capitalization of $2.05 billion, a PE ratio of -3.37 and a beta of 1.78.

Institutional Investors Weigh In On JetBlue Airways

Several institutional investors and hedge funds have recently added to or reduced their stakes in the stock. CWM LLC increased its position in JetBlue Airways by 3.2% during the third quarter. CWM LLC now owns 78,200 shares of the transportation company’s stock worth $385,000 after acquiring an additional 2,394 shares during the period. Essex Financial Services Inc. grew its position in JetBlue Airways by 12.4% in the 4th quarter. Essex Financial Services Inc. now owns 23,504 shares of the transportation company’s stock worth $107,000 after purchasing an additional 2,599 shares during the last quarter. Cetera Investment Advisers increased its holdings in shares of JetBlue Airways by 10.7% during the 2nd quarter. Cetera Investment Advisers now owns 30,678 shares of the transportation company’s stock worth $130,000 after purchasing an additional 2,954 shares during the period. Commonwealth Equity Services LLC increased its holdings in shares of JetBlue Airways by 1.1% during the 4th quarter. Commonwealth Equity Services LLC now owns 346,311 shares of the transportation company’s stock worth $1,576,000 after purchasing an additional 3,922 shares during the period. Finally, Caitong International Asset Management Co. Ltd raised its position 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 valued at $29,000 after buying an additional 5,049 shares during the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

Key JetBlue Airways News

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

• Positive Sentiment: Management will participate in a Barclays 43rd Annual Industrial Select Conference fireside chat on Feb. 18 — provides investor access and a chance to reassure markets on strategy and outlook. JetBlue to Participate in Fireside Chat at Barclays
• Neutral Sentiment: Reports show a large increase in short interest for February, but the published figures read as zero shares / NaN change — the data appears erroneous and is unlikely to be a clear signal to the market until corrected by a reliable short-interest report.
• Negative Sentiment: Scott+Scott (and counsel Scott+Scott Attorneys at Law LLP) has opened an investor alert/investigation into JetBlue’s directors and officers for alleged breaches of fiduciary duty — this raises legal/ governance risk and can pressure the stock while uncertainty persists. JETBLUE INVESTOR ALERT: Scott+Scott Investigates Directors and Officers
• Negative Sentiment: Zacks Research issued a wave of estimate changes (Feb. 10) that are net negative for near-term guidance: several quarters and FY2027 EPS forecasts were lowered (notably FY2027 cut to a loss of ~$0.33 from a prior positive view), Q1 2026 and Q1 2027 were reduced, and some mid‑term quarter estimates were trimmed — although Zacks slightly raised certain later/adjacent quarter estimates (e.g., Q4 2026). The overall effect is weaker near-term earnings visibility, which likely contributes to downward pressure on the share price. Zacks Research estimate changes for JetBlue

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.