Jetblue Airways Corp (NASDAQ:JBLU) price on current trading day, rose 19.17% above its previous day’s close as an upside momentum from buyers pushed the stock’s value to $4.29.
A look at the stock’s price movement, the close in the last trading session was $3.60, moving within a range at $3.47 and $4.36. The beta value (5-Year monthly) was 1.692. Turning to its 52-week performance, $8.31 and $3.51 were the 52-week high and 52-week low respectively. Overall, JBLU moved -25.33% over the past month.
Jetblue Airways Corp’s market cap currently stands at around $1.52 billion, with investors looking forward to this quarter’s earnings report slated for on 2025-Jan-27.
Analysts have a consensus estimate of 2.15B for the company’s revenue for the quarter, with a low and high estimate of 2.12B and 2.23B respectively. The average forecast suggests down to a -2.81% 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 9.39B, representing a 1.17% jump 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 100% 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 -14.86% and -27.17% off the 20-day and 50-day simple moving averages respectively. The Relative Strength Index (RSI, 14) currently prints 37.78, while 7-day volatility ratio is 17.86% and 8.13% in the 30-day chart. Further, Jetblue Airways Corp (JBLU) has a beta value of 1.81, and an average true range (ATR) of 0.47. Analysts have given the company’s stock an average 52-week price target of $7, forecast between a low of $5.5 and high of $7.75. Looking at the price targets, the low is -28.21% off current price level while to achieve the yearly target high, price needs to move -80.65%. Nonetheless, investors will most likely welcome a -63.17% jump to $7 which is the analysts’ median price.
If we refocus on Jetblue Airways Corp (NASDAQ:JBLU), historical trading data shows that trading volumes averaged 35.4 over the past 10 days and 25.33 million over the past 3 months. The company’s latest data on shares outstanding shows there are 353.00 million shares.
The 15.38% of Jetblue Airways Corp’s shares are in the hands of company insiders while institutional holders own 83.34% of the company’s shares. Also important is the data on short interest which shows that short shares stood at 66.72 million on 2025-03-14, giving us a short ratio of 2.82. The data shows that as of 2025-03-14 short interest in Jetblue Airways Corp (JBLU) stood at 2690.0 of shares outstanding, with shares short rising to 57.42 million registered in 2025-02-14. Current price change has pushed the stock -45.42% 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.
