JetBlue Airways (NASDAQ:JBLU) Sets New 12-Month Low – Here’s What Happened

20 Oct 2026, 14:00 by Kim Johansen · The Markets Daily

JetBlue Airways Corporation (NASDAQ:JBLU – Get Free Report) hit a new 52-week low during mid-day trading on Tuesday. The company traded as low as $2.88 and last traded at $2.8950, with a volume of 369,644 shares traded. The stock had previously closed at $2.91.

Analysts Set New Price Targets

A number of analysts have issued reports on JBLU shares. Raymond James Financial reaffirmed an “underperform” rating on shares of JetBlue Airways in a research note on Monday, July 6th. Seaport Research Partners cut shares of JetBlue Airways from a “buy” rating to a “neutral” rating in a research note on Monday, August 17th. Barclays cut their price objective on JetBlue Airways from $7.00 to $5.00 and set an “equal weight” rating on the stock in a research report on Friday, September 11th. TD Cowen dropped their target price on shares of JetBlue Airways from $6.00 to $5.00 and set a “hold” rating on the stock in a research note on Monday, August 24th. Finally, Susquehanna lowered their price objective on shares of JetBlue Airways from $6.00 to $4.00 and set a “neutral” rating for the company in a research note on Wednesday, October 7th. Nine research analysts have rated the stock with a Hold rating and four have given a Sell rating to the company. According to MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus price target of $4.98.

Get Our Latest Analysis on JetBlue Airways

JetBlue Airways Price Performance

The company has a quick ratio of 0.63, a current ratio of 0.70 and a debt-to-equity ratio of 5.04. The company has a market cap of $1.13 billion, a price-to-earnings ratio of -1.25 and a beta of 1.77. The stock’s 50-day simple moving average is $4.43 and its 200 day simple moving average is $5.00.

JetBlue Airways (NASDAQ:JBLU – Get Free Report) last posted its earnings results on Tuesday, July 28th. The transportation company reported ($0.66) EPS for the quarter, topping analysts’ consensus estimates of ($0.69) by $0.03. JetBlue Airways had a negative return on equity of 45.92% and a negative net margin of 9.32%. The business had revenue of $2.70 billion for the quarter, compared to analysts’ expectations of $2.69 billion. During the same quarter in the previous year, the firm earned ($0.21) earnings per share. The business’s revenue was up 14.5% compared to the same quarter last year. On average, equities research analysts anticipate that JetBlue Airways Corporation will post -2.68 EPS for the current fiscal year.

Insider Transactions at JetBlue Airways

In other news, CFO Ursula Hurley sold 77,253 shares of the stock in a transaction that occurred on Thursday, July 30th. The stock was sold at an average price of $5.76, for a total transaction of $444,977.28. Following the sale, the chief financial officer directly owned 211,099 shares in the company, valued at approximately $1,215,930.24. This represents a 26.79% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which can be accessed through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Insiders have sold 83,253 shares of company stock valued at $474,477 over the last 90 days. Corporate insiders own 2.41% of the company’s stock.

Institutional Trading of JetBlue Airways

A number of institutional investors have recently bought and sold shares of the company. Bank of America Corp DE acquired a new stake in JetBlue Airways in the second quarter worth about $20,022,000. Primecap Management Co. CA acquired a new stake in shares of JetBlue Airways during the second quarter worth $13,549,000. Bank of New York Mellon Corp acquired a new position in JetBlue Airways during the 2nd quarter worth approximately $11,336,000. Connor Clark & Lunn Investment Management Ltd. bought a new stake in shares of JetBlue Airways in the second quarter worth $10,748,000. Finally, Renaissance Technologies LLC lifted its position in JetBlue Airways by 235.9% during the 1st quarter. Renaissance Technologies LLC now owns 2,246,200 shares of the transportation company’s stock worth $9,928,000 after buying an additional 1,577,500 shares in the last quarter. Institutional investors and hedge funds own 83.71% of the company’s stock.

JetBlue Airways Company Profile

(Get Free Report)

JetBlue Airways Corp. (NASDAQ:JBLU) is a passenger airline that provides scheduled air transportation in the United States, the Caribbean, Latin America and select destinations in Canada and Europe. The company serves leisure and business travelers through a network centered on major U.S. airports, including New York, Boston, Fort Lauderdale and Orlando.