Azul S.A. (AZUL)

NYSE: AZUL · IEX Real-Time Price · USD
6.57
-0.79 (-10.73%)
At close: Apr 12, 2024, 4:00 PM
6.61
+0.04 (0.61%)
After-hours: Apr 12, 2024, 7:57 PM EDT
-10.73%
Market Cap 846.31M
Revenue (ttm) 3.01B
Net Income (ttm) -136.55M
Shares Out 128.81M
EPS (ttm) -1.22
PE Ratio n/a
Forward PE 47.39
Dividend n/a
Ex-Dividend Date n/a
Volume 4,764,616
Open 7.10
Previous Close 7.36
Day's Range 6.41 - 7.11
52-Week Range 5.81 - 13.87
Beta 1.77
Analysts Buy
Price Target 12.88 (+96.04%)
Earnings Date May 13, 2024

About AZUL

Azul S.A., together with its subsidiaries, provides scheduled air transportation services in Brazil. As of December 31, 2022, the company operated approximately 1,000 daily departures to 158 destinations through a network of 300 non-stop routes with an operating fleet of 177 aircraft and a passenger contractual fleet of 194 aircraft. It is also involved in the cargo transportation, loyalty programs, travel packages, funding, logistics solutions, and aircraft financing activities. The company was incorporated in 2008 and is headquartered in Baru... [Read more]

Industry Airlines
Sector Industrials
IPO Date Apr 11, 2017
Employees 14,247
Stock Exchange NYSE
Ticker Symbol AZUL
Full Company Profile

Financial Performance

In 2022, Azul S.A.'s revenue was 15.95 billion, an increase of 59.87% compared to the previous year's 9.98 billion. Losses were -722.37 million, -82.85% less than in 2021.

Financial numbers in BRL Financial Statements

Analyst Forecast

According to 4 analysts, the average rating for AZUL stock is "Buy." The 12-month stock price forecast is $12.88, which is an increase of 96.04% from the latest price.

Price Target
$12.88
(96.04% upside)
Analyst Consensus: Buy
Stock Forecasts

News

Azul Honors Partners Who Deliver Customer Excellence in Driving Java Solutions, Services and Expertise

SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, today announced the recipients of its 2024 Channel Partner Awards honoring the outstanding performance and unwavering d...

16 days ago - Business Wire

Azul Platform Prime Awarded Cloud Infrastructure Solution of the Year by the 2024 Tech Ascension Awards

SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, today announced that Azul Platform Prime has been recognized as the Cloud Infrastructure Solution of the Year by the 20...

24 days ago - Business Wire

Azul TecOps Gains EASA Approval for Maintenance Services of European Union-Registered Aircraft  

With the highest standards of excellence in technical services, Azul's business unit achieves its first international endorsement and begins to offer its skills and expertise in other countries around...

26 days ago - PRNewsWire

Flecha Azul Tequila Leads the Additive-Free Tequila Movement Abroad Launching in Australia

DALLAS--(BUSINESS WIRE)--Flecha Azul Tequila, the award-winning leading additive-free tequila brand, announced today its expansion into Australia through a partnership with Vanguard Luxury Brands, Aus...

4 weeks ago - Business Wire

Azul Reports Accelerated Growth Across Product Lines and Geographies, Boosted by Oracle's Java Pricing Change and Rising Cloud Costs

SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, today announced accelerated growth last year across its product portfolio and geographies, including unprecedented dema...

4 weeks ago - Business Wire

AZUL Energy Raised ¥475 Million ($3.2 Million) in Series A Funding

SENDAI, Japan--(BUSINESS WIRE)-- #Catalyst--AZUL Energy has raised ¥475 million ($3.2 Million) in Series A funding to promote mass production of AZUL catalysts and global business development.

2 months ago - Business Wire

Azul is once again recognized by its Successful Capital Optimization Plan concluded in 2023

Azul has been awarded with the Global Restructuring Deal of The Year by the Aviation 100 Awards in Dublin Image Gallery  SÃO PAULO, Feb. 1, 2024 /PRNewswire/ -- Azul, the largest airline in terms of f...

2 months ago - PRNewsWire

Azul Airlines and Silver Airways announce a codeshare agreement for flights between Brazil and the United States

The codeshare will add the cities of Key West, Tampa, Gainesville  in Florida and many more destinations in The Bahamas to Azul's destinations  SÃO PAULO, Jan. 25, 2024 /PRNewswire/ -- Azul, the large...

2 months ago - PRNewsWire

Brazil airline Azul launches first flight to Argentina since 2020

Brazilian airline Azul is going back to Argentina this year for the first time since pandemic-related travel disruptions forced the carrier to suspend its routes to the neighboring country in 2020.

3 months ago - Reuters

Brazil's Azul, Gol secure credit lines for engine maintenance; shares rise

SAO PAULO, Dec 27 (Reuters) - Brazilian airlines Azul and Gol (GOLL4.SA) have secured access to around $200 million each in financing to fund engine maintenance plans, as carriers try to maintain capa...

3 months ago - Reuters

Brazil airlines shares rise on relief amid Lula push for lower ticket prices

Shares of Brazilian airlines rose on Tuesday on investor relief that a government deal to lower ticket prices was not as heavy-handed as some expected, amid President Luiz Inacio Lula da Silva's perso...

4 months ago - Reuters

Brazil's Azul buys Airbus A330neos to expand overseas flights

Brazilian airline Azul said on Friday it had bought seven Airbus A330neo wide-body aircraft to significantly expand international flights, with deliveries scheduled to start in 2026.

Other symbols: EADSY
4 months ago - Reuters

Azul is included in B3's Corporate Sustainability Index (ISE B3) for Third Consecutive Year

Being part of the index reinforces Azul's commitment to improve and develop environmental, social, and governance aspects, generating sustainable results for all stakeholders SÃO PAULO, Dec. 4, 2023 /...

4 months ago - PRNewsWire

Surf Air Mobility ($SRFM) to Electrify Azul Conecta's Cessna Caravan Fleet

Surf Air Mobility (NYSE: SRFM), the air mobility platform transforming regional flying through electrification, and Azul Conecta, Brazil's largest airline, are teaming up to introduce electric Cessna ...

Other symbols: SRFM
4 months ago - Green Stock News

Surf Air Mobility and Azul Conecta Enter Agreement to Incorporate Electric Powertrains into Azul's Cessna Caravan Fleet

LOS ANGELES--(BUSINESS WIRE)--Surf Air Mobility Inc. (NYSE: SRFM) (“Surf Air Mobility”), the air mobility platform transforming regional flying through electrification, and Azul S.A. (B3: AZUL4, NYSE:...

Other symbols: SRFM
4 months ago - Business Wire

Azul and Navitaire Renew Partnership

MINNEAPOLIS & SÃO PAULO--(BUSINESS WIRE)-- #digitalretailing--Navitaire and Azul extend their longstanding partnership, enabling the airline to continually expand its digital retailing capabilities.

5 months ago - Business Wire

Azul State of Java Survey & Report 2023: 82% of Businesses Using Java Today Are Concerned With Oracle's Fourth Major Change to Its Licensing/Pricing Policies, and 72% Are Exploring Java Alternatives

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #azul--Azul, the only company 100% focused on Java, released its first annual Azul State of Java Survey & Report today, an authoritative guide to understanding the...

6 months ago - Business Wire

Azul 3D Closes $15 Million in Series A Funding

CHICAGO--(BUSINESS WIRE)-- #3Dprinting--Azul 3D, a leading-edge 3D printing startup, has closed a Series A transaction of $15 million from existing and new investors.

6 months ago - Business Wire

Azul Introduces Code Inventory, the Only Solution that Accurately Identifies Dead and Unused Source Code for Removal, Saving Substantial Developer Time and Money

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #Azul--Azul, the only company 100% focused on Java, today announced Code Inventory, a new feature of Azul Vulnerability Detection that provides developers and DevO...

6 months ago - Business Wire

Azul Enhances ReadyNow to Solve Java's Warmup Problem, Simplify Operations and Optimize Cloud Costs

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #Azul--Azul, the only company 100% focused on Java, today announced ReadyNow Orchestrator (RNO), a new feature of Azul Platform Prime powered by ReadyNow technolog...

8 months ago - Business Wire

Azul Announces the Results of its Mandatory Repurchase Offer to Purchase up to U.S.$55,900,850 in Aggregate Principal Amount of its Outstanding 11.500% Senior Secured Second Out Notes due 2029

SÃO PAULO, Aug. 17, 2023 /PRNewswire/ -- Azul S.A. (B3: AZUL4, NYSE: AZUL) ("Azul") today announced the results of the offer to purchase for cash (the "Offer") up to US$55,900,850 in aggregate princip...

8 months ago - PRNewsWire

Azul Releases "OpenJDK Migration for Dummies," a Definitive Guidebook for Java DevOps and Migration Teams

SUNNYVALE, Calif.--(BUSINESS WIRE)-- #Azul--Azul, the only company 100% focused on Java, today announced the release of a new guide in Wiley's famous “Dummies” series dedicated to migrating Java appli...

9 months ago - Business Wire

Azul Announces the Launch of a Mandatory Repurchase Offer to Purchase up to U.S.$55,900,850 in Aggregate Principal Amount of its Outstanding 11.500% Senior Secured Second Out Notes due 2029

SÃO PAULO, July 20, 2023 /PRNewswire/ -- Azul S.A. (B3: AZUL4, NYSE: AZUL) ("Azul") today announced that its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") has commenced an offer to p...

9 months ago - PRNewsWire

Azul Announces Expiration and Final Results of Previously Announced Exchange Offers of Certain Existing Notes for New Notes and the Solicitations of Consents to Proposed Amendments to the Existing Indentures

SÃO PAULO, July 13, 2023 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4, NYSE: AZUL) ("Azul") today announces the expiration and final results of the previously announced: (i) separate offers by its wh...

9 months ago - PRNewsWire

Brazil's Azul launches notes offering as part of broad restructuring plan

Brazilian airline Azul announced on Wednesday it is launching a public offering of senior secured notes due 2028, fulfilling its pledge to raise additional capital as it moves forward with a broader r...

9 months ago - Reuters