JetBlue Airways Corporation (JBLU)
Market Cap | 2.85B |
Revenue (ttm) | 9.33B |
Net Income (ttm) | -854.00M |
Shares Out | 346.88M |
EPS (ttm) | -2.49 |
PE Ratio | n/a |
Forward PE | n/a |
Dividend | n/a |
Ex-Dividend Date | n/a |
Volume | 8,544,907 |
Open | 7.70 |
Previous Close | 7.80 |
Day's Range | 7.68 - 8.28 |
52-Week Range | 4.50 - 8.28 |
Beta | 1.93 |
Analysts | Sell |
Price Target | 6.43 (-21.82%) |
Earnings Date | Jan 28, 2025 |
About JBLU
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. In addition, it operates airport lounges. The company was incorporated in 1998 and is based in Long Island City, New York. [Read more]
Financial Performance
In 2023, JetBlue Airways's revenue was $9.62 billion, an increase of 4.99% compared to the previous year's $9.16 billion. Losses were -$310.00 million, -14.36% less than in 2022.
Financial StatementsAnalyst Forecast
According to 12 analysts, the average rating for JBLU stock is "Sell." The 12-month stock price forecast is $6.43, which is a decrease of -21.82% from the latest price.
News
Airline stocks outperformed the S&P 500 in 2024
Airline stocks have soared past the S&P 500's (^GSPC) performance in 2024, riding the wave of a robust travel recovery. The S&P 500 Super Composite Airlines Index (^SP500-203020) has gained 60% in 202...
Holiday Travel Surge Is Great for Airline Stocks. Why the Sector Can Fly Higher in 2025.
Airline stocks have taken off this year, but it doesn't mean the rally is done yet.
JetBlue Helps Customers Reach Mosaic Status through Contributions to Sustainable Aviation Fuel
NEW YORK--(BUSINESS WIRE)--Today, JetBlue (Nasdaq: JBLU) announces a new year-end opportunity for TrueBlue and Mosaic customers to earn tiles towards perks and status. From now until December 31, 2024...
JetBlue Opens Crew Base in San Juan, Bringing More than 400 Jobs to Puerto Rico by Next Year
SAN JUAN, Puerto Rico--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU), Puerto Rico's largest carrier, today celebrated the opening of its brand-new crew base at San Juan's Luis Muñoz Marín International Airp...
JetBlue to bring 'Junior Mint' first class to domestic flights in 2026
JetBlue plans to add first-class seats on its Airbus planes that don't include lie-flat Mint class. The seats will be in a two-by-two configuration.
JetBlue's Turnaround Plan: First-Class Seats and Fewer Routes
The New York-based airline is returning to its leisure-travel origins after plans to buy now-bankrupt Spirit were thwarted.
JetBlue Boosts Boston Transatlantic Flying by Launching New Service to Madrid and Edinburgh
BOSTON--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU), New England's leading leisure airline, is elevating transatlantic travel with the launch of two exciting new routes to Madrid and Edinburgh. Starting M...
JetBlue Awarded Best Economy Class by The Points Guy
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced it has been recognized by The Points Guy with a TPG Award for Best Economy Class across U.S. airlines, including for its transatlantic...
JetBlue Names Justin Thompson Vice President, IT Data and Analytics
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced the promotion of Justin Thompson to vice president, IT data and analytics. In this role, Thompson will oversee the airline's data engi...
JetBlue cuts more unprofitable routes, tweaks Europe flights
JetBlue has been focused on cutting unprofitable flights to stem losses. The carrier also has been trimming underperforming routes to focus on core markets.
JetBlue Lifts Revenue Outlook on Post-Election Travel Bump
Shares of JetBlue Airways (JBLU) soared Wednesday after the airline improved its revenue estimate for the current quarter and full year, attributing the upgrades to a post-election travel surge.
JetBlue forecasts smaller 2024 revenue dip as domestic travel demand picks up
JetBlue Airways said on Wednesday it expects a smaller-than-expected drop in its 2024 revenue as domestic travel demand rebounded following the U.S. presidential election.
JetBlue Stock Is Flying. Be Thankful for Record Holiday Travel Demand.
There is normally a lag before strong holiday travel demand starts moving airline shares. But it's only taken a matter of days this year.
JetBlue offers fresh sign of strong travel demand, sending its stock higher
JetBlue raises its guidance to reflect higher-than-expected bookings in November and December.
JetBlue Reports More Post-Election Travel Than Expected
JetBlue Airways raised its revenue guidance for the year after bookings in November and December were higher than anticipated immediately following the U.S. presidential election.
JetBlue founder on competition in the airline industry
David Neeleman, JetBlue founder and Azul Brazilian Airlines chairman and former CEO, joins 'Money Movers' to discuss if low-cost airline carriers can flourish in today's environment, if legacy carrier...
JetBlue Soars to 1.5 Million Hours of Caring for Communities
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) proudly announced today that its dedicated crewmembers have logged over 1.5 million volunteer hours since launching its service initiative in 2011, gi...
Record Thanksgiving week travel: Here's what to know
CNBC's Phil LeBeau joins 'Squawk on the Street' with the latest news.
JetBlue will halt flights to Haiti through Dec. 2 after aircraft struck by bullet
JetBlue Airways said late on Monday it will extend a halt to all flights to and from Haiti through Dec. 2 after damage from a bullet to a plane returning from Port-au-Prince was discovered.
Airline stocks are rising post-election due to lower tax rates and deregulation: Bernstein's Vernon
David Vernon, Bernstein analyst, joins 'Squawk on the Street' to discuss why airlines are beneficiaries of Trump's election, which airlines Vernon favors, and much more.
American Airlines loses US appeal of ruling barring JetBlue alliance
A U.S. appeals court on Friday rejected a bid by American Airlines to overturn a judge's decision that sided with the U.S. Department of Justice and declared that its now-scrapped U.S. Northeast partn...
From NYC to the ABCs: JetBlue Begins More Caribbean Service with Flights to Bonaire
NEW YORK--(BUSINESS WIRE)--JetBlue (Nasdaq: JBLU) today announced the official launch of service between New York's John F. Kennedy International Airport (JFK) and Bonaire's Flamingo International Air...
DOT requires airlines to give refunds for flight delays
The US Department of Transportation has implemented a new consumer-friendly refund rule for air travelers. Under this regulation, passengers are now automatically entitled to refunds and other travel ...
JetBlue: Still Jetting Forward
JetBlue reported a Q3 loss but beat EPS and revenue estimates, even after guiding up in September. The JetForward initiative aims to achieve $800-$900 million in EBIT by 2027, focusing on reliable ser...
JetBlue Airways Corporation (JBLU) Q3 2024 Earnings Call Transcript
JetBlue Airways Corporation (NASDAQ:JBLU) Q3 2024 Earnings Conference Call October 29, 2024 10:00 AM ET Company Participants Koosh Patel - Director, Investor Relations Joanna Geraghty - Chief Executi...