How to Buy Jetblue Airways Stock
Jetblue Airways Corp
JetBlue Airways Corporation provides air passenger transportation services. As of December 31, 2021, the company operated a fleet of 63 Airbus A321 aircraft, 8 Airbus A220 aircraft, 21 Airbus A321neo aircraft, 130 Airbus A320 aircraft, and 60 Embraer E190 aircraft.
Jetblue Airways stock last closed at $7.11, up 4.1% from the previous day, and has increased 3.04% in one year. It has underperformed other stocks in the Airlines industry by 0.05 percentage points. Jetblue Airways stock is currently +107.89% from its 52-week low of $3.42, and -24.76% from its 52-week high of $9.45.
There are currently 339.28M JBLU shares outstanding. The market cap of JBLU is $2.41B. In the past 24 hours, 20.55M JBLU shares were traded.
How to Buy Jetblue Airways Stock
Wondering how to invest in Jetblue Airways stock? Here's how.
- Figure out where to buy Jetblue Airways stock: You need to choose a stock brokerage, but don't worry - we've sifted through dozens of stock brokerages and apps to help you figure out where to buy Jetblue Airways stock.
- Create your brokerage account: Sign up for 0% fee trading with the highest-rated brokerage we've identified.
- Put funds into your brokerage account: Pick your payment method and add your information.
- Analyze Jetblue Airways stock: The Jetblue Airways ticker symbol is JBLU. Is Jetblue Airways stock a good investment? Should you buy shares of JBLU? How do JBLU's underlying business fundamentals look? Do top analysts think Jetblue Airways is a good buy? Why has JBLU's stock price moved recently? (Hint: Our stock market analysis tools can help you figure out if JBLU is a good stock to buy).
- Make your JBLU purchase: Decide if you will purchase JBLU shares at the current market price or use a limit order to buy JBLU stock at a specific price.
- Track your JBLU position: Create a watchlist to track your new investment in Jetblue Airways shares.
Step 1: Figure out where to buy Jetblue Airways stock
You will need a brokerage account to access the NASDAQ market and buy JBLU shares.
Our preferred brokerage: eToro
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- Buy other assets: Such as ETFs and cryptocurrencies.
Get $10 towards your stock purchase by creating an account with eToro now.
Open eToro AccountStep 2: Create your brokerage account
Now that you've selected the right brokerage, you'll need to fill out some personal details so you are able to invest in JBLU today.
How to Open a New Investment Account on eToro
- Click here to get started.eToro is a multi-asset investment platform. The value of your investments may go up or down. Your capital is at risk.
- Input your personal data to create your new trading account.
- Submit your info by hitting the "Create Account" button. Get started with eToro today
Step 3: Put funds into your brokerage account
Now that you've created your account on the best stock trading app for beginners, your next step is to transfer the money for your investment:
Watch this video walkthrough if you need help depositing funds into your new investment account.
Step 4: Analyze Jetblue Airways stock
Once you have chosen the best place to buy Jetblue Airways stock, it's absolutely critical to evaluate their stock before you buy, so you actually comprehend the risk as well as the opportunity.
Jetblue Airways shares at a glance
Fundamentals of Jetblue Airways
WallStreetZen was built to help everyday investors perform better fundamental analysis quickly.
You can view all of the due diligence checks on JBLU's stock page.
How is JBLU stock valued?
Analysts use a variety of different financial metrics, analyses, models, and charts to gauge JBLU's fair value.
Using relative valuations methods:
- JBLU could be undervalued based on its P/B ratio of 0.72x, relative to Airlines industry P/B ratio of 2.84x
You can do additional valuation research on JBLU's stock here.
Is JBLU a healthy company?
Signs that JBLU is financially healthy:
- JBLU has cash burn of 806000000. It has sufficient cash and short-term investments to cover this for at least one year.
- JBLU has $1.72B in cash and short term investments. This is sufficient to cover its annual cash burn of $806.00M.
- JBLU profit margin has gone up from -4% to -3.2% in the past year.
Signs that JBLU is not financially healthy:
- JBLU has a relatively high debt to equity ratio of 3.15.
- There are more long-term liabilities than short-term assets on the JBLU balance sheet.
- Total JBLU debt is higher than 5 years ago, relative to shareholder equity.
- There are more short-term liabilities than short-term assets on the JBLU balance sheet.
Is it a good time to buy Jetblue Airways stock, according to Wall Street analysts?
Out of 7 Equities analysts who research JBLU, the consensus analyst rating on JBLU is a Sell
It's important to note that analyst forecasts are not recommendations, nor are they financial advice.
Latest JBLU Analyst Recommendations
Michael Linenberg, a top 11% analyst from Deutsche Bank upgrades JBLU to a strong buy rating and raises their JBLU price target from $4.00 to $9.00, on Feb 20, 2024.
Deutsche Bank's Michael Linenberg upgraded their rating on Jetblue Airways (NASDAQ: JBLU) from Hold to Strong Buy on 2024/02/20. The analyst also raised their price target by 125% from $4 to $9.
Because 2H 2023 was hit by domestic market oversupply, most airlines scaled back their growth goals, leading to a "dramatically changed" expectation for domestic capacity in 2024, Linenberg told investors.
As a result, the analyst predicted that domestic-focused brands will have strong revenue performance in 2024 as a result of "domestic unit revenue performance" driven by the "moderate domestic available seat mile growth."
Deutsche Bank upgraded Alaska Air Group, JetBlue Airways, and Southwest Airlines from Hold to Strong Buy, Linenberg noted.
Andrew Didora, a bottom 2% analyst from Bank of America downgrades JBLU to a sell rating and lowers their JBLU price target from $6.00 to $3.00, on Jan 9, 2024.
You can dive deeper into what analysts are forecasting on the Jetblue Airways stock forecast page.
JBLU Technical Indicators
JBLU Revenue
Last year, JBLU revenue was $9.62B. During the last 5 year, JBLU's revenue has gone up by 4.66% per year. This was slower than the Airlines industry average of 5.23%.
You can analyze JBLU's earnings and revenue performance here.
Are JBLU insiders buying or selling the stock?
In the last 12 months, insiders at JBLU have sold more shares than they have bought.
Warren Christie, Chief Operating Officer of JBLU, was the latest JBLU insider to sell. They sold $5,427.30 worth of JBLU stock on Apr 12, 2024.
Research more about who owns JBLU shares here.
Can I rely on JBLU as an income stream?
No, Jetblue Airways doesn't provide an income stream by paying out dividends.
Get analysis from other investors
One of the major reasons eToro is our highest-rated brokerage is because of its social trading community.
Click below to see what other investors have to say.
Step 5: Make your JBLU purchase
You have two primary order types:
- Market order: A market order is an order to buy or sell a stock at the best price on the market.
Market orders are mostly fine. - Limit order: A limit order allows you to buy or sell a security at a specific price (or better).
If you want to be certain you're buying or selling at a given dollar amount limit, use a limit order.
Press the Open button and your broker will place the order.
If you want more help with investing in stocks on eToro, watch the helpful video below:
Step 6: Track your JBLU position
Now that you own some JBLU stock, you'll want to keep up with your new investment.
Add JBLU to a watchlist to keep tabs on your JBLU stock.
JBLU Feed
How to Buy Stock in Jetblue Airways
To reiterate, here are the 6 steps you need to take to buy Jetblue Airways stock right now:
- Figure out where to buy Jetblue Airways stock
- Create your brokerage account
- Put funds into your brokerage account
- Analyze Jetblue Airways stock
- Make your JBLU purchase
- Track your JBLU position
If you are looking for a place to buy stocks, eToro is our favorite venue.
Get Started with eToro TodayIf you would like to get the latest news on your investment in Jetblue Airways, add JBLU to your watchlist by clicking the button below.
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