JetBlue Airways (JBLU) AI Stock Analysis

• Market Cap: $1.72B
• Dividend Yield: N/A
• Average Volume (3M): 16.03M
• Price to Earnings (P/E): ―
• Beta (1Y): 0.94
• Revenue Growth: -2.49%
• EPS Growth: 47.88%
• Country: US
• Employees: 23,000
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): -0.40
• Shares Outstanding: 363,710,720
• 10 Day Avg. Volume: 19,024,665
• 30 Day Avg. Volume: 16,031,226
• PEG Ratio: -0.02
• Price to Book (P/B): 1.03
• Price to Sales (P/S): 0.29
• P/FCF Ratio: -2.01
• Enterprise Value/Market Cap: 6.52
• Enterprise Value/Revenue: 1.23
• Enterprise Value/Gross Profit: 4.23
• Enterprise Value/Ebitda: 26.14
• 1Y Price Target: $4.46
• Price Target Upside: -5.71% Downside
• Rating Consensus: Moderate Sell
• Number of Analyst Covering: 10
• EPS Forecast (FY): -1.61
• Revenue Forecast (FY): $9.04B

• Rating: 51 Neutral
• Price Target: $5.00 ▲(5.71% Upside)

JetBlue's overall stock score is primarily impacted by significant financial challenges, including high leverage and negative cash flows. However, positive technical indicators and optimistic earnings call guidance provide some support. The valuation remains unattractive due to ongoing losses.

Positive Factors

Strategic Expansion

Expanding in Fort Lauderdale strengthens JetBlue's market position and enhances its competitive edge, supporting long-term growth.

Operational Improvements

Enhanced operational metrics improve customer satisfaction and efficiency, contributing to sustained profitability and market reputation.

JetForward Plan

The JetForward plan's financial targets and strategic initiatives are pivotal for long-term profitability and competitive differentiation.

Negative Factors

High Leverage

High leverage limits financial flexibility, increasing risk and potentially impacting future investment and operational capabilities.

Negative Cash Flows

Persistent negative cash flows hinder JetBlue's ability to invest and grow, posing challenges to long-term financial health.

Regulatory Challenges

Regulatory scrutiny can lead to fines and operational disruptions, affecting JetBlue's long-term strategic and financial plans.

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 generates revenue primarily through the sale of passenger tickets, which account for the largest portion of its income. In addition to ticket sales, the airline earns money through ancillary services, which include fees for checked baggage, seat selection, and in-flight purchases. JetBlue also benefits from partnerships with other airlines and travel companies, enabling it to offer codeshare flights and vacation packages. Furthermore, the airline's loyalty program, TrueBlue, encourages repeat customers and contributes to revenue through loyalty point redemptions and associated spending. Overall, JetBlue's revenue model is built on a combination of low-cost fares and value-added services that enhance customer experience.

JetBlue Airways Financial Statement Overview

Summary

JetBlue is facing significant financial challenges across all verticals. The income statement shows declining revenues and persistent losses, while the balance sheet indicates high leverage and financial risk. Cash flow issues are evident, with negative cash flows and limited operational cash generation.

Income Statement

JetBlue's income statement reflects significant challenges, with a declining revenue trend and negative profit margins. The TTM data shows a sharp revenue decline of 47.1%, and the net profit margin is negative at -5.16%. Despite a slight improvement in gross profit margin to 29.13% in TTM, the overall profitability remains weak, with negative EBIT and EBITDA margins indicating operational inefficiencies.

Balance Sheet

The balance sheet reveals high leverage, with a debt-to-equity ratio of 4.15 in TTM, indicating significant financial risk. The return on equity is negative, reflecting ongoing losses. Although the equity ratio is not calculated, the high debt levels suggest limited financial flexibility and potential solvency concerns.

Cash Flow

JetBlue's cash flow statement highlights substantial challenges, with negative operating and free cash flows in TTM. The free cash flow to net income ratio is high at 6.12, indicating cash flow issues despite accounting losses. The operating cash flow to net income ratio is negative, further emphasizing cash generation difficulties.

Breakdown	TTM	Dec 2024	Dec 2023	Dec 2022	Dec 2021	Dec 2020
Income Statement
Total Revenue	9.10B	9.28B	9.62B	9.16B	6.04B	2.96B
Gross Profit	2.65B	2.29B	2.32B	1.97B	890.00M	-590.00M
EBITDA	429.00M	490.00M	526.00M	349.00M	-418.00M	-1.51B
Net Income	-469.00M	-795.00M	-310.00M	-362.00M	-182.00M	-1.35B
Balance Sheet
Total Assets	16.60B	16.84B	15.33B	14.45B	14.85B	13.41B
Cash, Cash Equivalents and Short-Term Investments	2.62B	3.61B	1.57B	1.39B	2.84B	3.05B
Total Debt	9.42B	9.14B	5.38B	4.38B	4.80B	5.73B
Total Liabilities	14.33B	14.20B	11.99B	10.88B	11.00B	9.46B
Stockholders Equity	2.27B	2.64B	3.34B	3.56B	3.85B	3.95B
Cash Flow
Free Cash Flow	-1.15B	-1.35B	-806.00M	-544.00M	647.00M	-1.47B
Operating Cash Flow	-160.00M	144.00M	400.00M	379.00M	1.64B	-683.00M
Investing Cash Flow	46.00M	-3.08B	-1.38B	-908.00M	-704.00M	-1.35B
Financing Cash Flow	-38.00M	3.77B	1.11B	-360.00M	-830.00M	2.98B

JetBlue Airways Technical Analysis

• Technical Analysis Sentiment: Neutral
• Last Price: 4.73
• 50DMA: Positive
• 100DMA: Negative
• 200DMA: Positive
• MACD: Positive
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For JBLU, the sentiment is Neutral. The current price of 4.73 is below the 20-day moving average (MA) of 4.76, above the 50-day MA of 4.53, and above the 200-day MA of 4.68, indicating a neutral trend. The MACD of 0.10 indicates Positive momentum. The RSI at 51.25 is Neutral, neither overbought nor oversold. The STOCH value of 34.02 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Neutral sentiment for JBLU.

JetBlue Airways Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNCY	74 Outperform	$763.84M	13.80	9.99%	―	4.27%	28.47%
LUV	66 Neutral	$21.49B	63.33	4.22%	1.73%	0.65%	―
AAL	64 Neutral	$10.30B	18.75	―	―	1.27%	118.64%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
ALK	54 Neutral	$5.94B	41.07	3.53%	―	31.50%	-49.15%
JBLU	51 Neutral	$1.72B	-3.61	-19.09%	―	-2.49%	47.88%
ULCC	50 Neutral	$1.11B	-8.05	-27.87%	―	1.77%	-1964.48%

JetBlue Airways Corporate Events

JetBlue Airways Updates Bylaws with New Amendments

On December 9, 2025, JetBlue Airways Corporation’s Board of Directors approved amendments to the company’s bylaws, which became effective immediately. These amendments clarify procedural requirements for stockholder nominations, update proxy access provisions in line with Delaware law, and revise the process for director elections and indemnification terms. The changes also designate exclusive legal forums for certain actions and claims, while removing obsolete provisions and incorporating technical updates.

JetBlue Airways Updates on Q4 2025 Operations

JetBlue Airways announced an operational and financial update for its expected fourth quarter 2025 results, highlighting that demand remained healthy despite disruptions. The company’s operations were impacted by Hurricane Melissa in Jamaica and FAA-related cancellations in November, leading to a reduction in available seat mile growth and increased non-fuel unit costs. JetBlue completed necessary software updates on its A320 and A321 fleet following an FAA directive, resuming normal operations and continuing to assess potential financial impacts.

JetBlue Airways Reports Strong Q3 Performance

On October 28, 2025, JetBlue Airways announced its third-quarter results, highlighting better-than-expected performance due to increased demand and effective cost management. The company is advancing its JetForward strategy, aiming for $290 million in incremental EBIT by the end of the year. JetBlue is expanding its presence in Fort Lauderdale with new routes and increased frequencies, reinforcing its position as the largest airline in the region. The airline is also enhancing its loyalty program and premium offerings, including a partnership with United Airlines and plans for domestic first-class services. Despite a slight decrease in operating revenue, JetBlue maintained strong operational metrics and improved customer satisfaction scores, setting a solid foundation for 2026.