JetBlue Airways (JBLU, Financial) is broadening its collaboration with Japan Airlines, allowing members of its TrueBlue loyalty program to redeem their points for flights operated by the Japanese carrier. This new feature enables TrueBlue members to book eligible Japan Airlines flights directly through JetBlue's website, jetblue.com.
This development marks a significant milestone for JetBlue as it is the first time the airline's loyalty members can use their points for travel with an East Asian airline partner. The expansion reflects JetBlue's ongoing efforts to enhance the value and flexibility of its loyalty program by providing more international travel options for its customers.
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 $4.77 with a high estimate of $9.00 and a low estimate of $3.00. The average target implies an upside of 29.91% from the current price of $3.67. 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 3.5, 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 $6.80, suggesting a upside of 85.29% from the current price of $3.67. 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.
