JetBlue Stock Crashes 41% – Is the Airline Industry About to Hit Turbulence?
JetBlue’s Slide and Ratings JetBlue’s recent performance has alarmed investors. After trading above $8 in late 2024, JBLU is now near $4.4 investing.com. Analysts note the stock’s heavy debt and weaker pricing power make it vulnerable” as fare yields soften ts2.tech. On Oct 9, Weiss Ratings – known for rare sell calls – reiterated a sell (D-)” rating on JetBlue marketbeat.com. Other brokerages have turned cautious: UBS, Barclays and Citigroup have sell/underweight calls on JBLU recently marketbeat.com. MarketBeat reports 7 holds and 5 sells on JBLU, yielding a consensus price target $5.28 marketbeat.com. (JetBlue management notes an improving demand environment and expects unit cost cuts,
