JetBlue Shares Soar 18% — Biggest Day Since February (2024)

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JetBlue Shares Soar 18% — Biggest Day Since February (2024)

FAQs

Why is JetBlue stock going up? ›

JetBlue's revenues increased sharply from $6.0 billion in 2021 to $9.5 billion in the last twelve months, owing to a solid recovery in travel demand post-pandemic. The company has benefited from increased capacity and higher yields in recent years.

Should I sell JetBlue stock? ›

JetBlue Airways's analyst rating consensus is a Hold. This is based on the ratings of 6 Wall Streets Analysts.

How many outstanding shares does JetBlue have? ›

JetBlue Airways has 346,833,130 shares outstanding.

Is JetBlue a good buy now? ›

Is JetBlue Airways stock a Buy, Sell or Hold? JetBlue Airways stock has received a consensus rating of hold. The average rating score is Baa2 and is based on 2 buy ratings, 14 hold ratings, and 7 sell ratings.

Will JetBlue stock recover? ›

Given these factors, we don't expect any significant near-term growth in JBLU stock from its current levels of $6. While JBLU stock appears appropriately priced for now, it is helpful to see how JetBlue Airways' Peers fare on metrics that matter.

What is the outlook for JetBlue in 2024? ›

Fitch expects JetBlue's EBITDAR margin to decline modestly in 2024 before improving to the high single digits in 2025. Consequently, EBITDAR leverage is likely to be well over 10x at YE 2024 before declining to near or below 10x in 2025.

What is the future outlook for JetBlue? ›

According to our current JBLU stock forecast, the value of JetBlue Airways shares will drop by -2.03% and reach $ 5.94 per share by August 13, 2024. Per our technical indicators, the current sentiment is Neutral while the Fear & Greed Index is showing 39 (Fear).

Who owns the most JetBlue stock? ›

Largest shareholders include BlackRock Inc., Vanguard Group Inc, IJR - iShares Core S&P Small-Cap ETF, Icahn Carl C, Dimensional Fund Advisors Lp, Royal Bank Of Canada, Donald Smith & Co., Inc., State Street Corp, VTSMX - Vanguard Total Stock Market Index Fund Investor Shares, and NAESX - Vanguard Small-Cap Index Fund ...

How much debt is JetBlue in? ›

JetBlue Airways Corp. priced $2.77 billion of bonds and loans on Tuesday after shifting the deal structure further into notes, as the recently downgraded carrier seeks to raise funds for general corporate purposes.

Who owns JetBlue? ›

The company's most prominent individual shareholders are Robin Hayes, Joanna Geraghty, and Brandon Nelson. JetBlue is also heavily owned by institutional firms like BlackRock Inc., Vanguard Group Inc., and Dimensional Fund Advisors LP.

What is the price target for JetBlue? ›

Snapshot
Average RecommendationHold
Average Target Price5.98
Number Of Ratings13
FY Report Date12/2024
Last Quarter's Earnings0.08
6 more rows

Why are airline stocks surging? ›

People are again booking flights, thereby leading to higher passenger revenues, which contribute to the bulk of most airlines' top line. We believe that the current summer season is likely to see a further surge in passenger revenues, in turn aiding airlines' top lines.

Is Jet Airways stock worth buying? ›

The Price Trend analysis by MoneyWorks4Me indicates it is Weak which suggest that the price of Jet Airways (India) Ltd is likely to Fall in the short term. However, please check the rating on Quality and Valuation before investing.

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