| Factor | Score | Distribution | Value | Avg | Rank |
|---|---|---|---|---|---|
Valuation | 34 | — | 17.8x | Bottom tier | |
Growth | 28 | 4.0% | 7.1% | Bottom tier | |
Quality | 31 | -3.6% | 4.5% | Bottom tier | |
Safety | 25 | 53.7x | 2.6x | Bottom tier | |
Capital Return | 92 | — | 2.12% | Top tier | |
Momentum | 34 | 15.1% | 2.9% | Bottom tier | |
Sentiment | 39 | 11 | 3 | Bottom tier |
Estimates — analyst targets and a simplified DCF, not investment advice.
Ten ratios that matter, each compared against its sector median and average — so you can see whether a number is rich or cheap relative to peers in the same sector.
JetBlue Airways Corporation operates an airline network focused on leisure travel, particularly from New York, New England, and South Florida to Florida, the Caribbean, and Latin America. Its commercial engine relies on selling main cabin tickets and generating higher yields from the premium Mint and EvenMore products, alongside the TrueBlue loyalty program, co-branded credit cards, and travel services through JetBlue Vacations, TrueBlue Travel, and the Paisly platform. The company is refocusing its network under the JetForward plan, directing net capacity growth in the second half of fiscal year 2026 to Fort Lauderdale.
In quarter 2 of fiscal year 2026, revenue reached $2.7 billion and the net loss was $247 million, equivalent to a loss of $0.66 per share and an approximate negative net margin of 9.1%. Compared with quarter 1 of fiscal year 2026, revenue increased from $2.2 billion and the loss declined from $319 million, but the company remained far from profitability. Revenue per available seat mile increased 10.9% year over year, driven by demand for Mint and EvenMore, improvement in the main cabin, and higher fares without evidence of material demand elasticity, according to management.
On a latest-twelve-month basis in fiscal year 2026, the latest data recorded revenue of $9.5 billion, a net loss of $886 million, and a loss of approximately $2.36 per share, compared with revenue of $9.1 billion and a net loss of $602 million in fiscal year 2025. This shows that revenue improvement has not yet translated into net profit. In quarter 2 of fiscal year 2026, unit cost excluding fuel increased only 2.4%, while pricing and capacity actions recovered approximately 50% of the increase in fuel costs.
Automated analysis for informational purposes only — not investment advice.
Analyst consensus is neutral, with an average price target of $6.39 and a wide range of $4.50 to $8, reflecting substantial divergence in estimates of the likelihood of a successful turnaround. The average target is close to the upper end of the 52-week range of $6.62, while the highest target exceeds that range and the lowest target is close to its low of $3.87. No valid price-to-earnings multiple is available because of the losses, so the valuation primarily depends on JetBlue's ability to transition from a loss of $886 million during the latest twelve months to sustainable operating profitability in fiscal year 2027 and earnings per share of at least $1 in fiscal year 2028.
Figures in the text are as of 2026-09-01; the live price is shown at the top of the page.
Revenue reached $2.7 billion in quarter 2 of fiscal year 2026, but the company recorded a net loss of $247 million and a loss of $0.66 per share. Unit cost excluding fuel increased 2.4% year over year, and the company also faced high fuel prices, weather disruptions, and airspace constraints. Pricing and capacity actions recovered approximately 50% of the increase in fuel costs, but this was not sufficient to generate a net profit.
The plan depends on JetForward initiatives that generated $165 million in incremental earnings before interest and taxes in the first half of fiscal year 2026, raising the cumulative benefit to $470 million. The company is targeting a benefit of between $850 million and $950 million by the end of fiscal year 2027 and approximately $1.2 billion in fiscal year 2028. The drivers include BlueFirst, Blue Sky, improved revenue management, and cost reductions through digital tools, data science, and technology infrastructure modernization.
Revenue per available seat mile in Fort Lauderdale increased 11% in quarter 2 of fiscal year 2026 despite capacity growth of approximately 40%. JetBlue expects to exceed 150 daily flights from the airport by the end of 2026 or the beginning of 2027, with improved connectivity to the Caribbean and Central and South America. In South Florida, new TrueBlue memberships increased 44%, while co-branded card acquisitions more than doubled year over year.
Management describes BlueFirst as the largest single initiative within JetForward and estimates its impact at full capacity at approximately five percentage points of revenue per available seat mile growth. The majority of aircraft modifications are scheduled for completion by the end of 2027, followed by completion of the rest of the fleet around the early part of 2028. Management said the impact in quarter 4 of fiscal year 2026 would be minimal and that reaching the full run rate is likely in late 2028 or during 2029.
JetBlue ended quarter 2 of fiscal year 2026 with cash and investment securities valued at $2.2 billion, equivalent to approximately 23% of latest-twelve-month revenue, in addition to an undrawn credit facility of $600 million. It completed $500 million in aircraft-secured financing at an average interest rate of 6.5%, with a $250 million expansion option on the same terms. In contrast, it expects capital expenditures of approximately $850 million in fiscal year 2026, so financing needs will remain tied to the trajectory of fuel and cash flow.
