Jetblue Airways Corp (JBLU) Stock Forecast & Predictions

Jetblue Airways Corp JBLU: $19.29

2701 Queens Plz N, Long Island City, New York, US. | Sector: Transportation and Warehousing | Exchange: NASDAQ/NGS (GLOBAL SELECT MARKET) | Web: https://www.jetblue.com/

  • Market Cap$6.43B
  • Change (52 Weeks)126.06%
  • Low (52 Weeks)$7.34
  • Jetblue Airways Corp (JBLU) Forecast Based on Technical Analysis


    Neutral
    Based on 16 Technical Indicators where 31.25% are on Buy, 18.75% on Sell, and 50.00% Neutral.

    According to the market data, Jetblue Airways Corp (JBLU) stock price is $19.29 and the 52 weeks low is $7.34, which means the Jetblue Airways Corp stock price is up 126.06% in the last 12 months.

    Jetblue Airways Corp (JBLU) Stock Price has been Trending Strongly with an ADX reading of 33.58 as per the Weekly Chart.

    A Upward trend indicates that Jetblue Airways Corp (JBLU) Stock Price may keep going up, with temporary Retracement (the process of stock price bouncing because of short term profit taking by the traders and investors).

    Technical Indicators are algorithms that are used mostly by Technical traders to predict the price action of a stock.

    Based on our analysis of 16 technical indicators, 31.25% are indicating that JBLU Stock price might rise further, 18.75% indicating that JBLU Stock price might fall, and 50.00% are in a neutral position.

    Based on these technical algorithms, overall JBLU stock price has a Neutral Signal, which means the stock price has the potential to move either up or down, depending on the nature of consolidating market phase, since majority of indicators are providing a neutral signal.

    Jetblue Airways Corp (JBLU) Stock Forecast By Analysts


    On Hold
    Analysts Recommendations for Jetblue Airways Corp (JBLU) is based on 22 Institutional Analyst Ratings where 36.36% are on Strong Buy, 13.64% on Moderate Buy, 36.36% remains on Hold, 4.55% are on Moderate Sell and 9.09% are on Strong Sell.

    Out of 22 Institutional Analysts, majority recommended JBLU stock as On Hold. This means investors are recommended to hold their existing positions if any, otherwise, the recommendation is neither to buy nor sell at this stage. Since most investors and traders follow analyst ratings closely, this can be a potentially driving factor for the future stock price of Jetblue Airways Corp.

    Jetblue Airways Corp (JBLU) Stock Price Prediction By Analysts


    HighLowAverage
    $31.50$13.13$20.47
    $20.476.13% Upside
    Updated: 2021-04-12 00:00:00

    The Average Price target for JBLU set by the institutional analysts is $20.47 where High Estimate is $31.50, Median $20.4 and Low $13.13.

    The average price target for JBLU by Institutional Analysts is $20.47, which is 6.13% Upside from the current price. So according to the Institutional Analysts, JBLU Stock might be a bit undervalued at this stage and there’s potential for upside.

    However, although Institutional Analysts set their price targets after extensive research, they’re not always correct. After all, the market is mostly driven by investors speculation and emotion than just concrete numbers.

    Jetblue Airways Corp (JBLU) Stock Forecast Based on News Sentiment


    Bullish
    Based on 27 articles published Last Week, where 100.00% are Bullish and 0.00% are Bearish.

    According to the news articles published last week, most journalists and bloggers talked positively about JBLU, it shows that Jetblue Airways Corp had a 100.00% positive news coverage.

    Positive news coverage usually affects short-term price of a stock, so this positive coverage provides an indication that JBLU stock price may surge in the next few weeks.

    Jetblue Airways Corp (JBLU) Stock Forecasts By Institutional Analysts


    Analyst
    Recommendation
    Action
    JP MorganOverweightUpgraded
    SusquehannaPositiveUpgraded
    Morgan StanleyOverweightMaintained
    Raymond JamesOutperformUpgraded
    Deutsche BankBuyUpgraded
    Morgan StanleyOverweightMaintained
    Vertical GroupHoldDowngraded
    SusquehannaNeutralMaintained
    JP MorganUnderweightDowngraded
    Morgan StanleyOverweightMaintained
    Deutsche bankHoldDowngraded
    Exane BNP ParibasUnderperformInitiated
    StifelHoldMaintained
    Morgan StanleyOverweightMaintained
    JP MorganOverweightUpgraded
    Morgan StanleyOverweightMaintained
    Morgan StanleyOverweightInitiated
    StifelHoldMaintained
    Seaport GlobalBuyInitiated
    JP MorganUnderweightDowngraded
    B of A SecuritiesNeutralUpgraded
    UBSNeutralMaintained
    SusquehannaNeutralDowngraded
    JP MorganNeutralDowngraded
    StifelHoldDowngraded
    BarclaysEqual-WeightMaintained
    Bank of AmericaUnderperformMaintained
    Deutsche BankBuyUpgraded
    B of A SecuritiesUnderperformMaintained
    UBSNeutralDowngraded
    Buckingham ResearchNeutralDowngraded
    Evercore ISI GroupIn-LineDowngraded
    BuckinghamBuyMaintained
    BuckinghamBuyMaintained
    UBSBuyInitiated
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightUpgraded
    Stifel NicolausBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    BuckinghamBuyUpgraded
    Morgan StanleyEqual-WeightMaintained
    Buckingham ResearchNeutralMaintained
    Credit SuisseNeutralMaintained
    Buckingham ResearchNeutralMaintained
    Credit SuisseNeutralUpgraded
    CitigroupBuyUpgraded
    Vertical ResearchBuyUpgraded
    BuckinghamNeutralMaintained
    BarclaysEqual-WeightDowngraded
    JP MorganNeutralDowngraded
    Credit SuisseUnderperformInitiated
    Goldman SachsBuyInitiated
    JP MorganOverweightUpgraded
    CitigroupNeutralMaintained
    Imperial CapitalOutperformMaintained
    BarclaysOverweightMaintained
    Morgan StanleyEqual-WeightMaintained
    BuckinghamNeutralMaintained
    CitigroupNeutralMaintained
    JP MorganNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    Morgan StanleyEqual-WeightMaintained
    JP MorganOverweightUpgraded
    Imperial CapitalOutperformMaintained
    BuckinghamNeutralMaintained
    Bank of AmericaUnderperformDowngraded
    Stephens & Co.Equal-WeightInitiated
    JP MorganNeutralDowngraded
    Deutsche BankBuyMaintained
    MacquarieNeutralInitiated
    Standpoint ResearchAccumulateInitiated
    Morgan StanleyEqual-WeightMaintained
    BuckinghamNeutralDowngraded
    Morgan StanleyEqual-WeightMaintained
    ArgusHoldDowngraded
    JP MorganOverweightUpgraded
    Cowen & Co.Market PerformDowngraded
    Raymond JamesMarket PerformDowngraded
    BarclaysOverweightInitiated
    CitigroupNeutralInitiated
    Imperial CapitalOutperformInitiated
    JP MorganNeutralMaintained
    Cowen & Co.OutperformUpgraded
    Credit SuisseNeutralMaintained
    BarclaysOverweightUpgraded
    Credit SuisseNeutralMaintained
    Deutsche BankBuyMaintained
    Evercore ISI GroupBuyUpgraded
    Credit SuisseNeutralMaintained
    Credit SuisseNeutralDowngraded
    JP MorganNeutralDowngraded
    BarclaysEqual-WeightMaintained
    Evercore ISI GroupHoldMaintained
    BarclaysEqual-WeightMaintained
    JP MorganOverweightMaintained
    JP MorganOverweightUpgraded
    Credit SuisseOutperformUpgraded
    BarclaysEqual-WeightMaintained
    CRT CapitalBuyMaintained
    Raymond JamesOutperformUpgraded
    CRT CapitalBuyMaintained
    BarclaysEqual-WeightMaintained
    Bank of AmericaBuyUpgraded
    Imperial CapitalOutperformMaintained
    Deutsche BankBuyMaintained
    CRT CapitalBuyMaintained
    Credit SuisseNeutralUpgraded
    JP MorganNeutralDowngraded
    Avondale PartnersMarket OutperformUpgraded
    Bank of AmericaUnderperformDowngraded
    Credit SuisseUnderperformInitiated
    Wolfe ResearchDowngraded
    CRT CapitalBuyMaintained
    Cowen & Co.OutperformUpgraded
    CRT CapitalBuyMaintained
    BarclaysEqual-WeightMaintained
    BarclaysEqual-WeightMaintained
    JP MorganOverweightUpgraded
    BarclaysEqual-WeightMaintained
    ArgusBuyUpgraded
    Goldman SachsNeutralUpgraded
    Stifel NicolausHoldInitiated
    JP MorganNeutralMaintained
    Raymond JamesUnderperformDowngraded
    Imperial CapitalOutperformMaintained
    Wolfe ResearchUnderperformDowngraded
    Raymond JamesMarket PerformUpgraded
    JP MorganUnderweightDowngraded
    Imperial CapitalOutperformMaintained
    Bank of AmericaNeutralDowngraded
    UBSBuyMaintained
    Raymond JamesUnderperformDowngraded
    Avondale PartnersMarket PerformDowngraded
    Deutsche BankHoldDowngraded
    Dahlman RoseUpgraded
    Buckingham ResearchBuyInitiated
    Goldman SachsSellDowngraded
    JP MorganOverweightMaintained
    BarclaysEqual-WeightMaintained
    Dahlman RoseSellDowngraded
    UBSBuyMaintained
    JP MorganOverweightMaintained
    Imperial CapitalOutperformInitiated
    Goldman SachsNeutralInitiated
    UBSBuyUpgraded
    Sterne AgeeNeutralDowngraded
    Dahlman RoseHoldUpgraded
    UBSNeutralMaintained

    Jetblue Airways Corp (JBLU) Stock Earning Per Share (EPS) Forecast / Estimate


    $-0.858
    The average consensus EPS for JBLU is $-0.858 with a high estimate of $0.000 and Low of $-1.460 for the period 2021-06-30 and based on 16 Institutional Analysts.

    Last Quarter


    Actual
    Estimate
    Date
    $-1.75$-2.00041382020-09-30


    The latest average Earning Per Share Estimate for Jetblue Airways Corp is $-0.86, which is higher than JBLU's last EPS, $-1.75. This means that Analysts are expecting Jetblue Airways Corp to report higher earnings. This can drive share prices higher since the investors have positive sentiment about market performance of Jetblue Airways Corp.

    Earning Per Share (EPS) History


    Actual
    Estimate
    Date
    $-1.75$-2.00041382020-09-30
    $-2.02$-1.9579922020-06-30
    $-0.42$-0.36549662020-03-31
    $0.56$0.558452019-12-31
    $0.59$0.52134242019-09-30
    $0.6$0.58236899999999992019-06-30
    $0.16$0.12483782019-03-31
    $0.5$0.433265399999999972018-12-31
    $0.43$0.43153142018-09-30
    $0.38$0.367883399999999972018-06-30
    $0.27$0.22351262018-03-31
    $0.32$0.34393382017-12-31
    $0.55$0.5391722017-09-30
    $0.64$0.57994142017-06-30
    $0.25$0.22952017-03-31
    $0.5$0.49542422016-12-31
    $0.58$0.61263240000000012016-09-30
    $0.53$0.5005652016-06-30
    $0.59$0.54205862016-03-31
    $0.56$0.5226482015-12-31
    $0.58$0.58052282015-09-30
    $0.44$0.45131942015-06-30
    $0.4$0.40215542015-03-31
    $0.26$0.2476052014-12-31
    $0.24$0.266556600000000032014-09-30
    $0.19$0.18942422014-06-30
    $0.01$0.073952014-03-31
    $0.14$0.13191662013-12-31
    $0.21$0.22512422013-09-30
    $0.11$0.14092322013-06-30
    $0.05$0.09719582013-03-31
    $0$0.0229499999999999982012-12-31
    $0.14$0.12814262012-09-30
    $0.16$0.16140482012-06-30
    $0.09$0.076836599999999992012-03-31
    $0.08$0.03889262011-12-31
    $0.12$0.1313252011-09-30
    $0.08$0.0905252011-06-30
    $0.01$0.0108834000000000012011-03-31
    $0.03$0.05291762010-12-31

    What is Analyst Ratings & Price Targets?

    The analysts provide Buy, Sell or Hold ratings after extensive research of a companies financial reports, listening to conference calls and some of them even get in contact with upper management of the company to get an overall picture of operation.

    Although institutional Analyst’s are not always correct, their ratings are followed by millions of traders around the world and they can heavily influence trading activities for a company.

    As a retail investor, going through analyst ratings will instantly provide you an idea if the stock is worth buying. Top Analysts also provide their price targets. It’s a prediction of where the stock price might go based on their analysis.

    The best way to analyze price targets is to combined average price targets of major analysts. If the average price target is much higher than the current price of the stock, then the probability of a stock going up is also high.

    What is Technical Analysis?

    Technical Analysis refers to analyzing a stock's price over a period of time. In the financial market, past price patterns are one of the strongest indicators of an asset's future performance.

    In easier terms, millions of traders use Live Charts to watch the stock prices, it is actually a single source of truth for most traders. When a stock's price reaches a significant price level/pattern in the chart, millions of traders take buy/sell positions from those levels.

    As a regular investor, one of the easiest ways to check technical analysis of a stock is through Technical Indicators. Technical Indicators are programmed algorithms that monitor price changes in the Charts and indicate Buy/Sell based on market conditions.

    Some Technical Indicators can be very powerful (e.g SMA) and some can be pretty useless. Stock research tools like iTradely heavily simplify the technical analysis process for the investors by showing Buy/Sell/Neutral ratings combined from 17 powerful technical indicators, all in one page.

    What is Earnings Per Share (EPS) and Why is it Important?

    EPS, or Earning Per Share, can tell a lot about a stock’s performance. It’s calculated by dividing a company’s profit by the number of outstanding shares of its common stocks.

    In layman’s term, earnings is an indicator of a company’s profitability. Higher the earnings, the more profitable a company is.
    Some traders pick stocks solely based on EPS or earnings Analysis, it is a very powerful indicator of a stock’s price.

    Before you buy a stock, check the company’s earnings History and Surprises. A Surprise happens when a company reports a much higher or lower actual earnings/EPS than the forecasted earnings/EPS.

    If a company reports higher EPS surprises consistently, analysts keep raising their estimates, traders become more confident in the company, driving the share price higher.

    What is Stock Sentiment?

    Stock Sentiment refers to how people speculating about the stock or what kind of trading position investors are often taking.

    There are different kinds of sentiments you can find online for a company, this includes Investor Sentiment (Percentage of investors buying or selling), News Sentiment (Is the company getting positive or negative impressions from the Press?), Social Sentiment (The overall trends about the company in social media, is it negative or positive?).