JetBlue Airways Corporation (NASDAQ:JBLU) is one of the Best Rising Penny Stocks to Buy Now.
On April 2, JetBlue Airways Corporation (NASDAQ:JBLU) was maintained with a Hold rating by TD Cowen. However, the firm lowered the price target on the stock from $5 to $4.5. The firm noted that the reduced price target on the stock is part of the company’s Q1 earnings preview of the sector. TD Cowen noted that they find investors to be incrementally more skeptical about the resilience of travel demand as the gas prices remain inflated for a prolonged period. The firm also quoted decelerating credit card data as one of the reasons behind the lowered price targets.
JetBlue Airways Corporation (NASDAQ:JBLU) is expected to release its fiscal Q1 2026 earnings on April 21. Wall Street expects revenue around $2.24 billion, flat quarter-over-quarter. The EPS is expected to be around negative $0.69.
JetBlue Airways Corporation (NASDAQ:JBLU) is a U.S.-based low-cost airline operating an extensive network across the Americas and Europe.
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