Weekly Investment Analysts’ Ratings Updates for JetBlue Airways (JBLU)

Several brokerages have updated their recommendations and price targets on shares of JetBlue Airways (NASDAQ: JBLU) in the last few weeks:

• 2/4/2025 – JetBlue Airways had its price target lowered by analysts at Susquehanna from $8.00 to $6.00. They now have a “neutral” rating on the stock.
• 1/29/2025 – JetBlue Airways had its price target lowered by analysts at UBS Group AG from $5.50 to $5.00. They now have a “sell” rating on the stock.
• 1/28/2025 – JetBlue Airways was downgraded by analysts at Seaport Res Ptn from a “strong-buy” rating to a “hold” rating.
• 1/17/2025 – JetBlue Airways had its “underperform” rating reaffirmed by analysts at Bank of America Co.. They now have a $6.50 price target on the stock.
• 1/7/2025 – JetBlue Airways had its price target raised by analysts at Susquehanna from $6.00 to $8.00. They now have a “neutral” rating on the stock.
• 12/18/2024 – JetBlue Airways had its price target raised by analysts at Citigroup Inc. from $6.85 to $7.60. They now have a “neutral” rating on the stock.
• 12/11/2024 – JetBlue Airways had its “equal weight” rating reaffirmed by analysts at Morgan Stanley. They now have a $8.00 price target on the stock.

JetBlue Airways Stock Performance

Shares of NASDAQ JBLU traded up $0.14 during midday trading on Tuesday, hitting $6.18. 16,524,381 shares of the company’s stock were exchanged, compared to its average volume of 26,356,008. The company has a debt-to-equity ratio of 2.98, a current ratio of 1.21 and a quick ratio of 1.18. The stock’s 50 day moving average price is $7.20 and its 200-day moving average price is $6.43. The firm has a market cap of $2.14 billion, a P/E ratio of -2.64 and a beta of 1.83. JetBlue Airways Co. has a twelve month low of $4.49 and a twelve month high of $8.31.

JetBlue Airways (NASDAQ:JBLU) last released its earnings results on Tuesday, January 28th. The transportation company reported ($0.21) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.42) by $0.21. JetBlue Airways had a negative return on equity of 9.29% and a negative net margin of 8.57%. During the same period in the prior year, the business earned ($0.19) earnings per share. Equities research analysts anticipate that JetBlue Airways Co. will post -0.58 EPS for the current year.

Institutional Investors Weigh In On JetBlue Airways

A number of institutional investors have recently added to or reduced their stakes in the company. Compass Capital Corp MA ADV acquired a new stake in JetBlue Airways in the fourth quarter worth approximately $240,000. Hussman Strategic Advisors Inc. acquired a new stake in JetBlue Airways in the fourth quarter worth approximately $1,651,000. Handelsbanken Fonder AB lifted its position in JetBlue Airways by 19.4% in the fourth quarter. Handelsbanken Fonder AB now owns 57,800 shares of the transportation company’s stock worth $454,000 after purchasing an additional 9,400 shares during the period. C2P Capital Advisory Group LLC d.b.a. Prosperity Capital Advisors acquired a new stake in JetBlue Airways in the fourth quarter worth approximately $40,000. Finally, CIBC Asset Management Inc increased its holdings in shares of JetBlue Airways by 6.4% in the fourth quarter. CIBC Asset Management Inc now owns 30,416 shares of the transportation company’s stock valued at $239,000 after buying an additional 1,823 shares in the last quarter. 83.71% of the stock is currently owned by institutional investors and hedge funds.

JetBlue Airways Corporation provides air transportation services. The company operates a fleet of Airbus A321, Airbus A220, Airbus A321neo, Airbus A320 Restyled, Airbus A320, Airbus A321 with Mint, Airbus A321neo with Mint, Airbus A321neoLR with Mint, and Embraer E190 aircraft. It also serves 100 destinations across the United States, the Caribbean and Latin America, Canada, and Europe.