Citi has revised its price target for JetBlue (JBLU, Financial), reducing it to $4.25 from the previous $7.15, while maintaining a Neutral rating on the stock. This adjustment comes as analysts highlight the potential economic challenges posed by tariffs and uncertainties within the Department of Government Efficiency, which may impact consumer discretionary spending and corporate planning.
The firm expresses concerns about the vulnerability of discount airlines like JetBlue and Frontier in the current economic landscape. Citi warns that a potential recession could have a more pronounced impact on these carriers, particularly if tariffs disproportionately affect lower-income groups. This outlook has led to Citi's decision to lower target prices for both airlines. The focus remains on how these economic factors might influence the financial performance of discount airlines moving forward.
Wall Street Analysts Forecast
Based on the one-year price targets offered by 14 analysts, the average target price for JetBlue Airways Corp (JBLU, Financial) is $5.03 with a high estimate of $9.00 and a low estimate of $3.00. The average target implies an upside of 36.46% from the current price of $3.69. More detailed estimate data can be found on the JetBlue Airways Corp (JBLU) Forecast page.
Based on the consensus recommendation from 17 brokerage firms, JetBlue Airways Corp's (JBLU, Financial) average brokerage recommendation is currently 3.4, indicating "Hold" status. The rating scale ranges from 1 to 5, where 1 signifies Strong Buy, and 5 denotes Sell.
Based on GuruFocus estimates, the estimated GF Value for JetBlue Airways Corp (JBLU, Financial) in one year is $6.85, suggesting a upside of 85.89% from the current price of $3.685. GF Value is GuruFocus' estimate of the fair value that the stock should be traded at. It is calculated based on the historical multiples the stock has traded at previously, as well as past business growth and the future estimates of the business' performance. More detailed data can be found on the JetBlue Airways Corp (JBLU) Summary page.
