Jetblue Airways Corp (NASDAQ:JBLU) price on Thursday, May 01, rose 0.46% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.38.
A look at the stock’s price movement, the close in the last trading session was $4.36, moving within a range at $4.33 and $4.49. The beta value (5-Year monthly) was 1.692. Turning to its 52-week performance, $8.31 and $3.34 were the 52-week high and 52-week low respectively. Overall, JBLU moved -8.37% over the past month.
Jetblue Airways Corp’s market cap currently stands at around $1.55 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Apr-28.
Analysts have a consensus estimate of 2.28B for the company’s revenue for the quarter, with a low and high estimate of 2.24B and 2.42B respectively. The average forecast suggests down to a -6.00% growth in sales growth compared to quarterly growth in the same period last fiscal year. Wall Street analysts have also projected the company’s year-on-year revenue to grow to 9.05B, representing a -2.47% decline on that reported in the last financial year.
Turning to the stock’s technical picture we see that short term indicators suggest on average that JBLU is a 50% Sell. On the other hand, the stock is on average a 100% Sell as suggested by medium term indicators while long term indicators are putting the stock in 50% Sell category.
9 analyst(s) have given their forecast ratings for the stock on a scale of 1.00-5.00 for a strong buy to strong sell recommendation. A total of 5 analyst(s) rate the stock as a Hold, 3 recommend JBLU as a Buy and 0 give it an Overweight rating. Meanwhile, 0 analyst(s) rate the stock as Underweight and 1 say it is a Sell. As such, the average rating for the stock is Hold which could provide an opportunity for investors keen on increasing their holdings of the company’s stock.
JBLU’s current price about 12.66% and -13.70% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 51.00, while 7-day volatility ratio is 7.49% and 9.66% in the 30-day chart. Further, Jetblue Airways Corp (JBLU) has a beta value of 1.79, and an average true range (ATR) of 0.35. Analysts have given the company’s stock an average 52-week price target of $6.25, forecast between a low of $5.5 and high of $7. Looking at the price targets, the low is -25.57% off current price level while to achieve the yearly target high, price needs to move -59.82%. Nonetheless, investors will most likely welcome a -42.69% jump to $6.25 which is the analysts’ median price.
If we refocus on Jetblue Airways Corp (NASDAQ:JBLU), historical trading data shows that trading volumes averaged 32.26 over the past 10 days and 26.16 million over the past 3 months. The company’s latest data on shares outstanding shows there are 354.00 million shares.
The 15.42% of Jetblue Airways Corp’s shares are in the hands of company insiders while institutional holders own 82.71% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 71.43 million on 2025-04-15, giving us a short ratio of 2.56. The data shows that as of 2025-04-15 short interest in Jetblue Airways Corp (JBLU) stood at 2879.9999999999995 of shares outstanding, with shares short rising to 66.72 million registered in 2025-03-14. Current price change has pushed the stock -44.27% YTD, which shows the potential for further growth is there. It is this reason that could see investor optimism for the JBLU stock continues to rise going into the next quarter.
