The Goldman Sachs Group Lowers JetBlue Airways (NASDAQ:JBLU) Price Target to $3.50

JetBlue Airways (NASDAQ:JBLU) had its price objective decreased by analysts at The Goldman Sachs Group from $4.00 to $3.50 in a report released on Wednesday,Benzinga reports. The firm presently has a “sell” rating on the transportation company’s stock. The Goldman Sachs Group’s target price points to a potential downside of 23.50% from the stock’s previous close.

JBLU has been the topic of several other research reports. JPMorgan Chase & Co. raised their price objective on JetBlue Airways from $5.00 to $6.00 and gave the stock a “neutral” rating in a report on Wednesday, January 28th. Citigroup reduced their target price on JetBlue Airways from $6.00 to $4.40 and set a “neutral” rating on the stock in a research report on Friday, March 20th. Susquehanna raised their price target on JetBlue Airways from $4.55 to $5.00 and gave the stock a “neutral” rating in a research note on Friday, January 9th. Weiss Ratings restated a “sell (d-)” rating on shares of JetBlue Airways in a report on Thursday, January 22nd. Finally, Morgan Stanley dropped their price objective on shares of JetBlue Airways from $8.00 to $7.00 and set an “equal weight” rating for the company in a research note on Monday, December 8th. One equities research analyst has rated the stock with a Strong Buy rating, seven have given a Hold rating and five have issued a Sell rating to the company. According to MarketBeat, the stock presently has a consensus rating of “Reduce” and a consensus price target of $4.76.

JetBlue Airways Trading Up 3.5%

Shares of JBLU traded up $0.16 on Wednesday, hitting $4.58. 16,100,663 shares of the stock traded hands, compared to its average volume of 23,655,111. JetBlue Airways has a 1 year low of $3.34 and a 1 year high of $6.50. The stock’s 50 day moving average is $5.11 and its two-hundred day moving average is $4.84. The firm has a market capitalization of $1.69 billion, a P/E ratio of -2.75 and a beta of 1.71. The company has a quick ratio of 0.69, a current ratio of 0.74 and a debt-to-equity ratio of 3.65.

JetBlue Airways (NASDAQ:JBLU) last released its earnings results on Tuesday, January 27th. The transportation company reported ($0.49) EPS for the quarter, missing the consensus estimate of ($0.45) by ($0.04). The firm had revenue of $2.24 billion during the quarter, compared to analysts’ expectations of $2.22 billion. JetBlue Airways had a negative return on equity of 25.62% and a negative net margin of 6.64%.The firm’s revenue was down 1.4% on a year-over-year basis. During the same period in the previous year, the firm posted ($0.21) earnings per share. As a group, sell-side analysts predict that JetBlue Airways will post -0.69 earnings per share for the current year.

Institutional Trading of JetBlue Airways

A number of institutional investors and hedge funds have recently made changes to their positions in the company. Stifel Financial Corp raised its position in shares of JetBlue Airways by 0.6% in the 4th quarter. Stifel Financial Corp now owns 326,990 shares of the transportation company’s stock worth $1,488,000 after buying an additional 1,928 shares during the period. Vident Advisory LLC increased its stake in JetBlue Airways by 20.2% during the fourth quarter. Vident Advisory LLC now owns 13,232 shares of the transportation company’s stock worth $60,000 after acquiring an additional 2,226 shares during the last quarter. CWM LLC increased its stake in JetBlue Airways by 3.2% during the third quarter. CWM LLC now owns 78,200 shares of the transportation company’s stock worth $385,000 after acquiring an additional 2,394 shares during the last quarter. Essex Financial Services Inc. raised its holdings in shares of JetBlue Airways by 12.4% in the 4th quarter. Essex Financial Services Inc. now owns 23,504 shares of the transportation company’s stock worth $107,000 after purchasing an additional 2,599 shares during the period. Finally, Cetera Investment Advisers raised its holdings in shares of JetBlue Airways by 10.7% in the 2nd quarter. Cetera Investment Advisers now owns 30,678 shares of the transportation company’s stock worth $130,000 after purchasing an additional 2,954 shares during the period. 83.71% of the stock is currently owned by institutional investors and hedge funds.

Trending Headlines about JetBlue Airways

Here are the key news stories impacting JetBlue Airways this week:

• Positive Sentiment: JetBlue launched “Points On Repeat” subscription options and TrueBlue Subscriptions, creating recurring revenue streams, improving member retention and giving customers more ways to earn points — a clear push to deepen loyalty and increase predictable cash flow. JetBlue Expands TrueBlue with “Points On Repeat” Subscriptions and the Ability to Redeem Points for Travel Extras
• Positive Sentiment: Company also added the ability to redeem TrueBlue points for travel extras (seat upgrades, baggage, etc.), which can lift ancillary revenue per passenger and boost program engagement. JetBlue Airways’ Customer-Friendly Move Boosts Loyalty Program
• Neutral Sentiment: Amazon’s satellite-internet business landed an in-flight Wi‑Fi deal with Delta — a development that doesn’t involve JetBlue directly but signals intensifying competition/partnering dynamics in in-flight connectivity that could affect future partnerships or customer expectations. Amazon’s Starlink Competitor Will Provide Satellite Internet Services To Delta
• Neutral Sentiment: Recent short-interest updates show investor positioning data that traders may be monitoring for volatility or squeeze risk; this is informational but not an immediate catalyst by itself. JetBlue Airways Corporation (NASDAQ:JBLU) Short Interest Update
• Negative Sentiment: JetBlue raised checked-bag fees (first checked bag to $39–$49 depending on timing) as jet fuel costs surge; while the fee hike can offset some cost pressure, higher travel prices risk reducing demand or worsening customer sentiment. JetBlue Airways raises bag fees as fuel prices soar
• Negative Sentiment: Fuel prices have spiked amid the Iran war, driving material near‑term cost pressure for airlines; for JetBlue this raises operating costs, increases margin risk, and forces pricing or fee moves that could hurt volumes. JetBlue hikes baggage fees by up to $9, citing rising fuel prices amid Iran war

About JetBlue Airways

JetBlue Airways Corporation is a low-cost scheduled passenger airline headquartered in Long Island City, New York. Since commencing service in 2000, the carrier has built a reputation for combining competitive fares with enhanced onboard amenities, including free in-flight entertainment, complimentary snacks and beverages, and onboard Wi-Fi. JetBlue operates a single fleet type of Airbus A320 family and Embraer 190 aircraft, which supports its focus on efficiency and operational consistency.

The airline’s core offerings include economy-class travel and a premium business-class product known as Mint, which features lie-flat seats, curated culinary options and elevated service on select transcontinental and international routes.