TD Cowen analyst Thomas Fitzgerald CFA maintained a Hold rating on JetBlue Airways today and set a price target of $5.00.
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Thomas Fitzgerald CFA has given his Hold rating due to a combination of factors influencing JetBlue Airways’ current market position. The company has shown positive operational performance and strong demand through August and into Labor Day, which has led to an improved financial outlook. However, despite these positive trends, the forecast still indicates a loss for the third quarter of 2025, albeit narrower than previously expected.
Moreover, while JetBlue benefits from strong leisure demand and operational efficiencies, uncertainties remain, particularly regarding the potential impact of Spirit Airlines’ bankruptcy and the competitive landscape at Fort Lauderdale. Although there are opportunities for JetBlue to capitalize on Spirit’s retrenchment, the full extent of these benefits is contingent on future developments. As such, Fitzgerald maintains a cautious stance with a Hold rating, reflecting both the positive momentum and the underlying risks.
In another report released on September 4, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $5.50 price target.