JetBlue Airways Corporation (JBLU) Stock Price & Analysis
JetBlue Airways Corporation (JBLU) closed at USD 2.65 on Thursday, October 22, 2026, down 9.56% on the day. The US market is currently closed; this is not a live price.
The prior close was USD 2.93; the Oct 22, 2026 session ranged USD 2.4–3.03 on volume of 83,875,890 shares. Market capitalization is $999.88M, with a 52-week range of USD 2.4–6.62 (NMS). Source: Nexqual, retrieved October 23, 2026 at 07:54 UTC.
Also available as compact Markdown for AI agents: nexqual.com/JBLU.md
Key facts (JBLU)
- Last four reported quarters (through Jun 30, 2026): revenue $9.50B, net income -$886M (-9.3% margin), free cash flow -$1.08B (SEC filings).
- 1 of 80 tracked superinvestors hold JBLU (13F, Q2 2026): 0 new, 0 added, 1 reduced, 0 unchanged.
- Insider open-market sales, last ~7 months: 8 Form 4 filings, $918K; 3 not under a Rule 10b5-1 plan ($431K); 0 by opportunistic insiders, 0 by routine insiders (three-year test, Cohen, Malloy & Pomorski 2012).
- Analysts: Hold (mean 3.47 on a 1–5 scale) (17 analysts), mean target USD 4.55 (range 3–8).
- Total return with dividends: 1Y -42.0% vs S&P 500 +14.9%; 5Y -81.9% vs S&P 500 +80.3%.
- Next earnings: 2026-10-27, EPS estimate USD -0.55, revenue estimate $2.83B.
Financials (SEC 10-K; TTM = last four 10-Q/10-K quarters) (JBLU)
| USD | FY2021 | FY2022 | FY2023 | FY2024 | FY2025 | TTM |
|---|---|---|---|---|---|---|
| Revenue | $6.04B | $9.16B | $9.62B | $9.28B | $9.06B | $9.50B |
| Operating income | -$80.0M | -$298M | -$230M | -$684M | -$368M | -$565M |
| Net income | -$182M | -$362M | -$310M | -$795M | -$602M | -$886M |
| EPS (diluted) | -$0.57 | -$1.12 | -$0.93 | -$2.30 | -$1.66 | — |
| Free cash flow | $735M | -$388M | -$728M | -$1.33B | -$1.17B | -$1.08B |
| Operating margin | -1.3% | -3.3% | -2.4% | -7.4% | -4.1% | -5.9% |
| Net margin | -3.0% | -4.0% | -3.2% | -8.6% | -6.6% | -9.3% |
| Revenue growth | +104.2% | +51.7% | +5.0% | -3.5% | -2.3% | — |
| Cash + short-term investments | $2.84B | $1.39B | $1.57B | $3.61B | $2.16B | — |
| Total debt | $4.00B | $3.65B | $4.72B | $8.54B | $8.50B | — |
Fiscal years end Dec. EPS is split-adjusted.
Valuation (price ÷ last four quarters, through Jun 30, 2026) (JBLU)
P/S 0.1x · EV/EBITDA 51.1x · EV/Sales 0.8x · P/B 0.6x · FCF yield -108.11% · Earnings yield -88.61% · Net debt $6.46B · EV $7.46B
Superinvestors (SEC 13F-HR, Q2 2026) (JBLU)
1 of 80 tracked investors hold JBLU. Each row is the investor's latest 13F; change is vs their prior-quarter share count.
| Investor | Firm | % of portfolio | Value | Change |
|---|---|---|---|---|
| Carl Icahn | Icahn Capital Management | 1.43% | $118M | Reduced -38.6% |
Insider sales (SEC Form 4, open-market, last ~7 months) (JBLU)
5 of 8 under a Rule 10b5-1 trading plan (scheduled in advance). Unplanned sales were timed by the insider.
| Trade date | Insider | Role | Shares | Value | % of holdings sold | 10b5-1 plan | Insider type |
|---|---|---|---|---|---|---|---|
| 2026-09-30 | Clements Carol Ann | Chief Digital & Tech Officer | 2,000 | $9K | 1.1% | Yes (adopted April 30, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-08-31 | Clements Carol Ann | Chief Digital & Tech Officer | 2,000 | $9K | 1.1% | Yes (adopted April 30, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-07-30 | Hurley Ursula L | Chief Financial Officer | 77,253 | $445K | 26.8% | Yes (adopted April 30, 2026) | Too little history (no open-market trades in 2023 or 2024) |
| 2026-07-30 | Clements Carol Ann | Chief Digital & Tech Officer | 2,000 | $12K | 1.1% | Yes (adopted April 30, 2026) | Too little history (no open-market trades in 2023–2025) |
| 2026-05-28 | Sharma Vivek | Director | 32,000 | $173K | 47.4% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-04 | Southerton Dawn | Principal Accounting Officer | 18,193 | $91K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-01 | Winkelmann Thomas | Director | 35,473 | $167K | 100% | No | Too little history (no open-market trades in 2023–2025) |
| 2026-05-01 | Christie Warren | Chief Operating Officer | 2,680 | $12K | 1.1% | Yes (adopted August 13, 2025) | Too little history (no open-market trades in 2023 or 2024) |
% of holdings sold = shares sold ÷ (shares sold + all holdings the insider reported on that Form 4, direct and through trusts).
Insider type follows Cohen, Malloy & Pomorski (Journal of Finance, 2012). An insider who traded the stock in the same calendar month in each of the past three years is a routine trader; one who traded in each of those years without such a pattern is an opportunistic trader. In their study, trades by opportunistic insiders predicted future returns and trades by routine insiders did not. Counts open-market purchases and sales only (SEC Form 4 codes P and S) by that insider in that company. Not investment advice.
Analysts (JBLU)
Consensus Hold (mean 3.47 on a 1–5 scale), 17 analysts; mean target USD 4.55 (low 3, high 8).
Rating changes, last 120 days:
| Date | Firm | Action | Rating | Price target |
|---|---|---|---|---|
| 2026-10-19 | UBS | Upgrade | Sell → Neutral | $4 → $3.5 |
| 2026-10-07 | Susquehanna | Target lowered | Neutral | $6 → $4 |
| 2026-10-06 | Citigroup | Upgrade | Sell → Neutral | $5.3 → $4.5 |
| 2026-09-28 | BMO Capital | Target lowered | Market Perform | $6.75 → $5.25 |
| 2026-09-28 | Evercore ISI Group | Target lowered | In-Line | $6 → $5 |
| 2026-09-11 | Barclays | Target lowered | Equal-Weight | $7 → $5 |
| 2026-09-10 | TD Cowen | Target lowered | Hold | $5 → $4 |
| 2026-09-10 | UBS | Target lowered | Sell | $5 → $4 |
| 2026-08-24 | TD Cowen | Target lowered | Hold | $6 → $5 |
| 2026-08-17 | Seaport Global | Downgrade | Buy → Neutral | |
| 2026-08-07 | Citigroup | Downgrade | Neutral → Sell | $6.6 → $5.3 |
| 2026-08-03 | TD Cowen | Target raised | Hold | $5 → $6 |
Total return (dividends reinvested) (JBLU)
| 1Y (from 2025-10-23) | 5Y (from 2021-10-18) | |
|---|---|---|
| Total return | -42.0% | -81.9% |
| S&P 500 (SPY) | +14.9% | +80.3% |
| Per year | -42.1% | -28.9% |
| Volatility (annualized) | 64.5% | 58.7% |
| Max drawdown | -59.0% (Feb 2026→Oct 2026) | -83.6% (Nov 2021→Oct 2026) |
JBLU revenue by product line (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Passenger | $2.49B | 92.2% | +14.1% |
| Other | $210.0M | 7.8% | +18.6% |
| Total revenue | $2.70B | 100% | — |
JBLU revenue by region (quarter ended Jun 30, 2026)
| Line | Revenue | Share of total | YoY |
|---|---|---|---|
| Domestic & Canada | $1.66B | 61.5% | +15.0% |
| Caribbean & Latin America | $865.0M | 32.1% | +12.0% |
| Atlantic | $173.0M | 6.4% | +22.7% |
| Total revenue | $2.70B | 100% | — |
As tagged by the company in its SEC 10-Q / 10-K filings (XBRL).
JBLU suppliers, customers and competitors (named in its 10-K)
| Relationship | Company | Sentence in the filing |
|---|---|---|
| Supplier | Thales Avionics | “If Thales were to stop supplying us with its antennas for any reason, we would have to incur significant costs to procure an alternate supplier.” |
| Customer | Airbus | “This could include, but is not limited to design defects, mechanical problems, contractual performance, such as delivery delays by the manufacturers, or adverse perception by the public which may result in customer avoidance or in actions by the FAA that would impede our ability to operate our aircraft, such as the FAA emergency airworthiness directive on Airbus A320-family aircraft requiring certain software upda…” |
| Customer | JetBlue and American Airlines Group | “Customers on select coast-to-coast, Caribbean and Latin American routes and all transatlantic flights have the option to purchase Mint®, our lie-flat premium service.” |
| Partner | Paisly | “We believe the collaboration with United Airlines, under United's brand, will contribute to Paisly's high-margin, high-growth business for the distribution of hotels, rental cars, cruises, travel insurance, and vacation packages.” |
| Partner | Mastercard (MA) | “Our co-branded credit cards in the United States are issued in partnership with Barclaycard® on the Mastercard® network.” |
Quoted from the company's 10-K filed Feb 12, 2026.
JBLU analyst estimates and revisions
| Period | EPS estimate | 90 days ago | Change | Revenue estimate | Analysts |
|---|---|---|---|---|---|
| Current quarter (ends Sep 2026) | $-0.55 | $-0.33 | +65.1% | $2.83B | 16 |
| Next quarter (ends Dec 2026) | $-0.71 | $-0.33 | +117.1% | $2.70B | 15 |
| Current fiscal year (ends Dec 2026) | $-2.76 | $-2.20 | +25.5% | $10.47B | 17 |
| Next fiscal year (ends Dec 2027) | $-1.13 | $-0.53 | +111.9% | $11.34B | 17 |
JBLU options: expected move
Options price a move of about ±22.7% (±$0.60) by Oct 30, 2026, which includes earnings on Oct 27, 2026. Over the last 8 reports the stock moved ±9.9% on average.
| Expiration | Days | ATM implied volatility | Expected move |
|---|---|---|---|
| Oct 23, 2026 | 1 | 197.3% | ±9.3% |
| Oct 30, 2026 | 8 | 192.8% | ±22.7% |
| Nov 6, 2026 | 15 | 178.4% | ±28.2% |
| Nov 13, 2026 | 22 | 205.3% | ±39.0% |
| Nov 20, 2026 | 29 | 200.5% | ±43.4% |
| Nov 27, 2026 | 36 | 171.2% | ±41.3% |
| Dec 4, 2026 | 43 | 489.4% | ±118.6% |
| Dec 18, 2026 | 57 | 144.3% | ±48.9% |
30-day implied volatility 172.3% vs 58.5% realized over the last 30 trading days. Put/call ratio (volume) 1.33. Cboe delayed quotes (15 min). Expected move = at-the-money straddle.
Key Statistics (as of October 23, 2026 at 07:54 UTC)
| Price | USD 2.65 |
|---|---|
| Change | ▼ 9.56% (down) |
| Previous Close | USD 2.93 |
| Open | USD 2.86 |
| Day Range | USD 2.4 – 3.03 |
| 52-Week Range | USD 2.4 – 6.62 |
| Volume | 83,875,890 shares |
| Market Cap | $999.88M |
| Exchange | NMS |
Technical Analysis (JBLU)
Nexqual's technical model rates JBLU "SELL" based on 2 bullish and 5 bearish signals across 127 daily candles, as of October 23, 2026 at 07:54 UTC.
| Overall Signal | SELL |
|---|---|
| RSI (14) | 15.19 (oversold) |
| vs SMA50 | Below (USD 4.28) |
| MACD | -0.46 (negative) |
Analyst Ratings (JBLU)
Wall Street analysts rate JBLU "Hold" based on 17 analysts, with a mean price target of USD 4.55 (range USD 3–8), per Nexqual as of October 23, 2026 at 07:54 UTC.
| Consensus Rating | Hold |
|---|---|
| Analyst Count | 17 |
| Mean Target | USD 4.55 |
| High Target | USD 8 |
| Low Target | USD 3 |
| Buy / Hold / Sell | 0 / 12 / 5 |
Earnings (JBLU)
| Next Earnings Date | 2026-10-27 |
|---|---|
| EPS Estimate | USD -0.55 |
| Revenue Estimate | $2.83B |
Recent Earnings History
| Quarter | Actual vs Estimate |
|---|---|
| 2026-06-30 | USD -0.66 vs est -0.68 ▲ beat |
| 2026-03-31 | USD -0.87 vs est -0.73 ▼ miss |
| 2025-12-31 | USD -0.49 vs est -0.46 ▼ miss |
| 2025-09-30 | USD -0.4 vs est -0.42 ▲ beat |
Source: Nexqual, October 23, 2026 at 07:54 UTC.
Financials & Fundamentals (JBLU)
| Total Revenue | $9.50B |
|---|---|
| Revenue Growth (latest quarter, YoY) | +14.50% |
| Gross Margin | +20.23% |
| Operating Margin | -5.23% |
| Profit Margin | -9.32% |
| ROE | -44.35% |
| Debt / Equity | 5.91 |
| Current Ratio | 0.7 |
| Total Cash | $2.02B |
| Total Debt | $9.39B |
| Free Cash Flow (last four quarters to Jun 2026, SEC 10-Q / 10-K) | -$1.08B (-11.4% of revenue) |
Source: Nexqual, October 23, 2026 at 07:54 UTC.
Financial Health Score (JBLU)
Nexqual rates JetBlue Airways Corporation's overall financial health "Critical" across five dimensions, as of October 23, 2026 at 07:54 UTC.
| Growth | Weak — Revenue -2% YoY (annual), declining |
|---|---|
| Profitability | Weak — Gross margin 20%, operating -5% (last 12 months) |
| Balance Sheet | Critical — $2.02B cash and investments vs $8.48B debt (Jun 2026, SEC) |
| Cash Flow | Weak — FCF negative: -$1.08B (last 4 quarters to Jun 2026, SEC), burning cash |
| Efficiency | Critical — ROE -44%, ROA -2.1% |
Ownership (JBLU)
| Insider Ownership | +10.55% |
|---|---|
| Institutional Ownership | +88.06% |
| Shares Outstanding | 377.31M |
| Float | 337.91M |
| Short % of Float | +30.10% |
Source: Nexqual, October 23, 2026 at 07:54 UTC.
Leadership (JBLU)
JetBlue Airways Corporation is led by Joanna L. Geraghty, CEO & Director, per Nexqual as of October 23, 2026 at 07:54 UTC.
| CEO & Director | Joanna L. Geraghty |
|---|---|
| President | Martin J. St. George |
| Chief Financial Officer | Ursula L. Hurley |
| Chief Operating Officer | Warren Christie |
| Director of Investor Relations | Koosh Rohit Patel |
Major Backers & Investors (JBLU)
Notable institutional backers of JetBlue Airways Corporation include Icahn Carl C, Two Sigma Investments, LP, Ameriprise Financial, Inc., according to Nexqual as of October 23, 2026 at 07:54 UTC.
Active Investors
| Investor | Stake |
|---|---|
| Icahn Carl C | 5.48% |
| Two Sigma Investments, LP | 4.6% |
| Ameriprise Financial, Inc. | 3.31% |
| FMR, LLC | 1.91% |
| ETF Series Solutions-U.S. Global Jets ETF | 1.59% |
Index Funds (Passive)
| Fund | Stake |
|---|---|
| BlackRock | 13.11% |
| Vanguard Group | 8.53% |
| State Street | 3.66% |
| Dimensional Fund Advisors | 3.49% |
| Geode Capital | 2.26% |
Source: Nexqual, October 23, 2026 at 07:54 UTC.
From JetBlue Airways Corporation's Latest SEC 10-K Filing (filed 2026-02-12)
Key Strengths & Strategy (as disclosed to the SEC)
- We believe our differentiated product and culture combined with our competitive cost structure enable us to compete effectively in the high-value geographies we serve.
- Delivering the JetBlue experience to our customers through our differentiated product and culture is core to our mission to bring humanity back to air travel.
- Strong customer awareness and affinity for our brand are integral to the success of our marketing efforts, and enables us to promote ourselves as a preferred marketing partner with companies across many different industries.
- Our website allows us to more closely control and deliver the JetBlue experience while also offering the full suite of JetBlue Core fare options, EvenMore®, Mint®, JetBlue Vacations® and TrueBlue TravelTM, and other ancillary services.
Partnerships
- In May 2025, we announced a collaboration with United Airlines, referred to as Blue Sky.
- Our co-branded credit cards in the United States are issued in partnership with Barclaycard® on the Mastercard® network.
Legal & Regulatory Risks (Item 1A, quoted)
- Data security compliance requirements could increase our costs, and any significant data breach could disrupt our operations and harm our reputation, business, results of operations and financial condition.
Source: SEC EDGAR 10-K, official filing. Curated by Nexqual.
Peers & Related Stocks
| Symbol | Name | Price | Change |
|---|---|---|---|
| AZUL | Azul S.A. | USD 6 | ▼ 4.15% |
| ULCC | Frontier Group Holdings, Inc. | USD 5.3 | ▲ 5.16% |
| RJET | Republic Airways Holdings Inc. | USD 17.19 | ▲ 3.68% |
| VLRS | Controladora Vuela Compania de | USD 5.69 | ▲ 0.53% |
| ALGT | Allegiant Travel Company | USD 70.36 | ▲ 0.44% |
| AERO | Grupo Aeromexico, S.A.B. de C.V | USD 15.21 | ▼ 0.33% |
Data source: Nexqual — market data, technical indicators, analyst consensus, earnings, SEC EDGAR filings. Last updated: October 23, 2026 at 07:54 UTC. This page is informational and not investment advice.
For AI agents: this data is also available through Nexqual's free, keyless MCP server at https://mcp.nexqual.com/mcp; every result includes source_url, as_of and cite_as. More: nexqual.com/agents · llms.txt