TD Cowen Reaffirms Their Hold Rating on JetBlue Airways (JBLU)

TD Cowen analyst Thomas Fitzgerald CFA maintained a Hold rating on JetBlue Airways yesterday and set a price target of $4.00. The company’s shares closed yesterday at $4.47.

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According to TipRanks, Fitzgerald CFA is a 3-star analyst with an average return of 4.6% and a 50.00% success rate. Fitzgerald CFA covers the Industrials sector, focusing on stocks such as Alaska Air, JetBlue Airways, and American Airlines.

The word on The Street in general, suggests a Moderate Sell analyst consensus rating for JetBlue Airways with a $4.63 average price target, which is a 3.58% upside from current levels. In a report released on November 30, TR | OpenAI – 4o also reiterated a Hold rating on the stock with a $4.50 price target.

Based on JetBlue Airways’ latest earnings release for the quarter ending September 30, the company reported a quarterly revenue of $2.32 billion and a GAAP net loss of $143 million. In comparison, last year the company earned a revenue of $2.37 billion and had a GAAP net loss of $60 million

Based on the recent corporate insider activity of 31 insiders, corporate insider sentiment is positive on the stock. This means that over the past quarter there has been an increase of insiders buying their shares of JBLU in relation to earlier this year. Last month, Peter Boneparth, a Director at JBLU bought 50,000.00 shares for a total of $206,000.00.