JetBlue Airways (JBLU) AI Stock Analysis

• Market Cap: $1.55B
• Dividend Yield: N/A
• Average Volume (3M): 18.21M
• Price to Earnings (P/E): ―
• Beta (1Y): 1.07
• Revenue Growth: -1.90%
• EPS Growth: 61.06%
• Country: US
• Employees: 23,000
• Sector: Industrials
• Sector Strength: 88
• Industry: Airlines, Airports & Air Services
• EPS (TTM): -0.16
• Shares Outstanding: 363,664,430
• 10 Day Avg. Volume: 20,044,818
• 30 Day Avg. Volume: 18,211,492
• PEG Ratio: -0.09
• Price to Book (P/B): 0.66
• Price to Sales (P/S): 0.00
• P/FCF Ratio: -1.26
• Enterprise Value/Market Cap: 7.12
• Enterprise Value/Revenue: 0.43
• Enterprise Value/Gross Profit: 5.44
• Enterprise Value/Ebitda: 1.75
• 1Y Price Target: $4.58
• Price Target Upside: 7.26% Upside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 7

• Rating: 51 Neutral
• Price Target: $4.50 ▲(5.39%Upside)

JetBlue's overall score is primarily impacted by financial challenges, including high leverage and cash flow pressures. Positive strategic initiatives and operational improvements provide some optimism, but valuation remains a concern.

Positive Factors

Customer Loyalty Programs

The collaboration between UAL and JBLU links their loyalty programs, allowing customers to earn and use points across both airlines, enhancing customer benefits and flight access.

Financial Resilience

JetBlue is believed to have ample liquidity to weather potential economic downturns, with significant assets and undrawn credit facilities.

Partnership Benefits

The Blue Sky partnership with United Airlines is expected to add an incremental $50M of EBIT through 2027.

Negative Factors

Cost and Revenue Dynamics

JetBlue’s unit cost growth is expected to exceed unit revenue growth.

Financial Challenges

The new partnership talks with United could offer opportunities, but they are unlikely to meaningfully change JetBlue's weak earnings or highly-leveraged balance sheet.

Revenue Trends

JetBlue's revenue trend is the second worst among U.S. airlines, reflecting a potential loss of demand momentum in coastal markets.

JetBlue Airways Business Overview & Revenue Model

Company Description

JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft. It also served 107 destinations in the 31 states in the United States, the District of Columbia, the Commonwealth of Puerto Rico, the U.S. Virgin Islands, and 24 countries in the Caribbean and Latin America. JetBlue Airways Corporation has a strategic partnership with American Airlines Group Inc. to create connectivity for travelers in the Northeast. The company was incorporated in 1998 and is based in Long Island City, New York.

How the Company Makes Money

JetBlue Airways generates revenue primarily through passenger ticket sales, which account for the bulk of its income. The company also earns money from ancillary services, such as baggage fees, premium seating options, and in-flight purchases. Additionally, JetBlue has a loyalty program called TrueBlue, which partners with various businesses to offer rewards and can drive further revenue. Partnerships with other airlines through codeshare agreements also contribute to its revenue by expanding its network and customer base. Fuel hedging and cost management strategies are significant factors that influence profitability, allowing the airline to manage expenses effectively.

JetBlue Airways Financial Statement Overview

Summary

JetBlue is facing substantial financial challenges, marked by negative profitability, significant leverage, and volatile revenue, which pose risks to its financial health. The cash reserves provide a buffer, but operational inefficiencies need addressing.

Income Statement

JetBlue's income statement shows a challenging financial environment with negative net income and EBIT for the TTM (Trailing-Twelve-Months), indicating operational difficulties. Gross profit margin stands at 18.64%, reflecting some capacity to cover costs. Revenue has been volatile, with a slight contraction of 0.74% from the previous year. This instability suggests ongoing struggles to maintain growth, particularly in a highly competitive industry.

Balance Sheet

The balance sheet reflects a strong cash position with $3.5 billion in cash equivalents, yet the debt-to-equity ratio of 3.85 suggests significant leverage, which poses financial stability risks. The equity ratio of 14.30% indicates limited equity financing, while a negative return on equity (ROE) of -11.74% highlights profitability challenges. These factors underscore the need for strategic financial management.

Cash Flow

JetBlue's cash flow statement reveals a negative free cash flow of -$1.276 billion, indicating cash burn pressures. The operating cash flow to net income ratio of -0.19 suggests inefficiency in converting income into operational cash. The negative cash flow metrics raise concerns about the company's ability to sustain operations without external funding.

Breakdown	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.28B	9.62B	9.16B	6.04B	2.96B
Gross Profit	4.64B	904.00M	1.47B	350.00M	-1.13B
EBITDA	108.00M	497.00M	314.00M	452.00M	-1.19B
Net Income	-795.00M	-310.00M	-362.00M	-182.00M	-1.36B
Balance Sheet
Total Assets	16.84B	13.85B	13.04B	13.64B	13.35B
Cash, Cash Equivalents and Short-Term Investments	3.61B	1.57B	1.04B	2.02B	1.92B
Total Debt	9.14B	5.38B	4.38B	4.80B	5.73B
Total Liabilities	14.20B	10.52B	9.48B	9.79B	9.41B
Stockholders Equity	2.64B	3.34B	3.56B	3.85B	3.94B
Cash Flow
Free Cash Flow	-1.35B	-806.00M	-544.00M	647.00M	-1.47B
Operating Cash Flow	144.00M	400.00M	379.00M	1.64B	-683.00M
Investing Cash Flow	-3.08B	-1.38B	-908.00M	-704.00M	-1.35B
Financing Cash Flow	3.77B	1.11B	-360.00M	-830.00M	2.98B

JetBlue Airways Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 4.27
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Positive

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JBLU, the sentiment is Negative. The current price of 4.27 is below the 20-day moving average (MA) of 4.42, below the 50-day MA of 4.58, and below the 200-day MA of 5.73, indicating a bearish trend. The MACD of -0.02 indicates Negative momentum. The RSI at 44.49 is Neutral, neither overbought nor oversold. The STOCH value of 18.32 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for JBLU.

JetBlue Airways Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
UAL	80 Outperform	$27.38B	8.47	27.70%	―	4.23%	13.13%
DAL	76 Outperform	$34.74B	7.72	30.07%	1.25%	3.01%	-0.90%
Sector *	66 Neutral	£2.71B	11.99	4.22%	3.39%	2.19%	-20.98%
AAL	59 Neutral	$7.58B	14.77	-21.27%	―	1.50%	―
JBLU	51 Neutral	$1.55B	―	-15.12%	―	-1.90%	61.06%
ULCC	51 Neutral	$997.61M	14.81	12.71%	―	5.99%	―
LUV	49 Neutral	$16.24B	46.51	4.30%	2.42%	1.64%	284.24%

JetBlue Airways Corporate Events

JetBlue Reports Modest Q2 Profit Amid Strategy Success

On July 29, 2025, JetBlue Airways reported a modest operating profit for the second quarter of 2025, driven by improved demand and the successful execution of its JetForward strategy. Despite a net loss under GAAP, the company exceeded its revenue and cost guidance, highlighting strong operational performance and customer satisfaction improvements. JetBlue’s collaboration with United, known as Blue Sky, is expected to enhance customer choice and contribute significantly to its financial targets, with a projected EBIT benefit of up to $950 million by 2027. The airline plans to return to growth in 2026, supported by an improved aircraft on the ground outlook, and continues to advance its fleet modernization efforts.

The most recent analyst rating on (JBLU) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on JetBlue Airways stock, see the JBLU Stock Forecast page.

JetBlue Airways Shareholders Approve Key Proposals

At the Annual Meeting of Stockholders on May 14, 2025, JetBlue Airways Corporation’s shareholders voted on three key proposals. All thirteen director nominees were elected to the board, the advisory vote on executive compensation was approved, and Ernst & Young LLP was ratified as the independent registered public accounting firm for the fiscal year ending December 31, 2025.

The most recent analyst rating on (JBLU) stock is a Hold with a $8.00 price target. To see the full list of analyst forecasts on JetBlue Airways stock, see the JBLU Stock Forecast page.