B of A Securities Reiterates Sell Rating on JetBlue Airways
B of A Securities maintains a sell rating on JetBlue with a $4 target, a 30.19% downside from the current price.
Key Points
- B of A Securities analyst Andrew Didora reiterated a sell rating on JetBlue Airways, setting a price target of $4.
- B of A Securities's $4 price target implies 30.19% downside from JetBlue Airways Corporation's ($JBLU) current $5.73 share price.
- Shares of JetBlue Airways traded near $5.73 on Wednesday, with a market cap of approximately $2.13 billion.
- JetBlue has a forward P/E of -7.61, indicating no meaningful P/E due to lack of profitability.
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B of A Securities analyst Andrew Didora has reiterated a sell rating on JetBlue Airways Corporation (NasdaqGS:JBLU), setting a price target of $4. This update came on July 1, 2026, as JetBlue's shares traded at about $5.73.
B of A Securities vs. the S&P 500
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JetBlue Airways Corporation Stock Up 19.4%
Shares of JetBlue Airways traded near $5.73 on Wednesday. The company has a market cap of approximately $2.13 billion. JetBlue's forward P/E ratio is -7.61, indicating it isn't currently profitable. The stock's 52-week range is between $3.87 and $6.50, with a 50-day moving average of $5.11 and a 200-day moving average of $4.91. JetBlue's beta is 1.746, suggesting it has higher volatility compared to the market.
$JBLU price target
Past daily closes and this analyst's 12-month price target. Not investment advice.
Recent Earnings
JetBlue reported revenue of around $9.16 billion, with a revenue growth of 4.7%. However, the company is experiencing a net margin of -7.78% and a return on equity of -33.51%, highlighting its current financial challenges. The next earnings report is expected on July 28, 2026.
Insider Buying and Selling at JetBlue Airways Corporation
There has been notable insider activity at JetBlue. On May 29, 2026, CEO Joanna Geraghty conducted transactions involving 245,700 shares, both buying and selling. Additionally, she sold 135,873 shares at an average price of $5.38. Other insiders, including Vivek Sharma and Dawn Southerton, also sold shares in late May and early May, respectively.
Analysts Set New Price Targets
On July 1, 2026, B of A Securities maintained its sell rating with a $4 price target. Other analysts have also weighed in recently. Citigroup maintained a hold rating with a $6.6 target on June 26, 2026, while UBS reiterated a sell rating with a $4.5 target on June 23, 2026. The consensus among analysts is a hold recommendation, with an average target price of about $5.06.
About JetBlue Airways Corporation
JetBlue Airways Corporation, based in Long Island City, New York, is a major player in the airline industry, operating a diverse fleet of Airbus aircraft. The company provides air transportation services to over 100 destinations, including the United States, Caribbean, Latin America, Canada, and Europe. Besides flying, JetBlue offers airport lounges and vacation services. Led by CEO Joanna L. Geraghty, the company employs approximately 19,447 people.
Bottom Line
B of A Securities' reiteration of a sell rating on JetBlue underscores ongoing analyst skepticism about the airline's current financial health. With its forward P/E indicating a lack of profitability, JetBlue faces challenges despite its broad operational reach. Investors will be watching the next earnings report for signs of improvement.
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