JetBlue Airways에 대한 매도 수량은 투자자에게 JetBlue Airways의 주식 하락에 베팅하는 정도를 알려줍니다. 매도 수량 데이터는 2주마다 업데이트됩니다.

JetBlue Airways (NASDAQ:JBLU) 주식, 공매도 수량 보고

JetBlue Airways

JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic & Canada, Caribbean & Latin America and Atlantic. Majority of revenue is generated from Domestic & Canada segment.

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JBLU

JETS

모건 스탠리 애널리스트들은 미국 항공사 산업이 2025년에 큰 성공을 거둘 준비를 하고 있다고 말하며, 항공사들이 &#34;산업을 수익성 있게 만드는 완벽한 호재의 폭풍&#34;의 경계선에 있다고 예측했다. 주식 애널리스트 라비 샹커(Ravi Shanker)는 수요일 메모에서 항공사 산업에 대한 긍정적인 입장을 재확인했다.

미국 항공사들은 2025년에 이륙 준비 중, 분석가는 &#39;호재의 폭풍이 산업 성장을 촉진할 것&#39;

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스피릿 항공(NYSE:SAVE)의 주가는 회사가 2024년 9월 종료된 분기 실적을 보고하지 못한 후 화요일 시간외 거래에서 62.73% 급락했다. 당일 정규 거래에서는 5.29% 하락한 3.22달러에 마감했다. 저가 항공사인 스피릿 항공은 화요일 늦게 제출한 서류에서 채권자들과의 구조조정 계획을 논의 중이라고 밝혔으며, 이 계획은 주식이 취소될 수 있는 가능성을 포함하고 있다.

스피릿 항공: 파산 위기, 주주들 주식 소각 직면, 주가는 시간외 거래에서 62% 급락

Movers

유가 하락으로 인해 월요일 몇몇 항공사 주식이 상승세를 보였습니다. 가장 큰 움직임을 보이는 몇 가지를 살펴보겠다.

항공사 주식이 월요일 상승한 이유: 원유 가격 하락으로 인한 영향

JetBlue Airways Corporation - Common Stock

JetBlue Airways Corp

Citigroup analyst Stephen Trent maintains JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) with a Neutral and raises the price target from $6.85 to $7.6.

Citigroup Maintains Neutral on JetBlue Airways, Raises Price Target to $7.6

JetBlue Airways's (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NYSE">JBLU</a>) short percent of float has risen 15.7% since its last report. The company recently reported that it has 51.89 million shares sold short, which is 21.45% of all regular shares that are available for trading. Based on its trading volume, it would take traders 3.07 days to cover their short positions on average.
<h3>Why Short Interest Matters</h3>
Short interest is the number of shares that have been sold short but have not yet been covered or closed out. <a href="https://www.benzinga.com/money/how-to-short-a-stock/">Short selling</a> is when a trader sells shares of a company they do not own, with the hope that the price will fall. Traders make money from short selling if the price of the stock falls and they lose if it rises.
Short interest is important to track because it can act as an indicator of market sentiment towards a particular stock. An increase in short interest can signal that investors have become more bearish, while a decrease in short interest can signal they have become more bullish.
See Also: <a href="https://www.benzinga.com/short-interest">List of the most shorted stocks</a>
<h3>JetBlue Airways Short Interest Graph (3 Months)</h3>
<img src="https://www.benzinga.com/files/images/story/2024/1734012019_0.png" alt="short_fig" />
As you can see from the chart above the percentage of shares that are sold short for JetBlue Airways has grown since its last report. This does not mean that the stock is going to fall in the near-term but traders should be aware that more shares are being shorted.
<h3>Comparing JetBlue Airways's Short Interest Against Its Peers</h3>
Peer comparison is a popular technique amongst analysts and investors for gauging how well a company is performing. A company's peer is another company that has similar characteristics to it, such as industry, size, age, and financial structure. You can find a company's peer group by reading its 10-K, proxy filing, or by doing your own similarity analysis.
According to <a href="https://pro.benzinga.com/">Benzinga Pro</a>, JetBlue Airways's peer group average for short interest as a percentage of float is 8.04%, which means the company has more short interest than most of its peers.
Did you know that increasing short interest can actually be bullish for a stock? <a href="https://www.benzinga.com/money/how-to-make-money-on-a-short-squeeze/">This post by Benzinga Money explains how you can profit from it.</a>
This article was generated by Benzinga's automated content engine and was reviewed by an editor.

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(JBLU) - Analyzing JetBlue Airways's Short Interest

The U.S. airline industry is gearing up for a blockbuster year in 2025, Morgan Stanley analysts say, predicting airline companies on the brink of what could be a &#8220;perfect storm of tailwinds that essentially propels the <a href="https://www.benzinga.com/topic/airlines">industry to make money.&#8221;</a>
Equity analyst Ravi Shanker reiterated a bullish stance on the airlines industry in a Wednesday note. 
The U.S. Global Jets ETF (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JETS#NYSE">JETS</a>) has rallied 36% year-to-date, outperforming by about 9 percentage points the broader stock market as tracked by the SPDR S&amp;P 500 ETF Trust (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPY#NYSE">SPY</a>). 
<h3 class="wp-block-heading">Premium Carriers Poised For Another Stellar Year </h3>
&#8220;We expect demand to remain resilient with volume growth,&#8221; Shanker said. Legacy carriers like United Airlines Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NASDAQ">UAL</a>) and Delta Air Lines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) are reaping the rewards of what analysts call "the premiumization trend,&#8221; he added.
According to Morgan Stanley, these carriers benefit not just from ticket sales but from steady ancillary revenue streams, including loyalty programs, credit cards, and brand partnerships.
In 2024, UAL's stock soared over 150%, leading Morgan Stanley to raise its price target from $88 to $130. However, the extraordinary run places a high bar for further gains. 
Alaska Air Group Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) climbed to Morgan Stanley's top pick for 2025, with an upgraded price target of $90 on the back of "upsized synergy targets at their recent Investor Day."
<h3 class="wp-block-heading">Domestic Airlines Eye A Comeback</h3>
While premium carriers dominated in 2024, several domestic-focused airlines are staging a resurgence. Low-cost and ultra-low-cost carriers, including JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) and Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>), faced a tough year marked by operational challenges and restructuring efforts.
"The other big shift in 2024 was several domestic carriers fundamentally changing their business models to fly less, fly differently, bundle fares, and move upmarket," Morgan Stanley highlighted. 
As these carriers stabilize operations, easier year-over-year comparisons position them for a strong recovery. 
Morgan Stanley resumed coverage of JBLU at &#8216;Equalweight&#8217; with a 12-month price target of $8. 
&#8220;We like the elements of the JetForward plan but note that the turnaround is likely to be slower with more elements outside of management&#8217;s control than other Domestic peers,&#8221; Shanker wrote.
<h3 class="wp-block-heading">Industry Metrics Flash Green For 2025</h3>
Morgan Stanley expects 2025 to mark the first sustained period where revenue per available seat mile (RASM) exceeds cost per available seat mile (CASM). 
This dynamic is expected to boost margins across the board, a stark reversal from earlier pandemic years. 
Analysts project mid-single-digit (MSD) volume growth for the industry, supported by constrained capacity growth at low-single-digit (LSD) levels​.
Fueling optimism is a favorable jet fuel environment. Prices are forecast to hover in the low $2 per gallon range through 2026, providing airlines with critical cost stability. "
This is the sweet spot of the industry where pricing can drop through to the bottom line while offering an added incentive for capacity to remain rational," Morgan Stanley wrote in the note​.
<h3 class="wp-block-heading">Investor Sentiment: Opportunities And Risks</h3>
Despite 2024's strong performance, airline valuations remain compelling. Analysts note that stocks like ALK, AAL, and DAL trade below historical earnings multiples, offering attractive upside potential. 
Yet, risks loom, including macroeconomic headwinds and the possibility of a slowdown in consumer spending in the second half of 2025.
Morgan Stanley also flagged the return of institutional investors as a positive catalyst. "The potential return of large, sticky capital bases for the first time in 10 years could set another leg or three in the stocks' run in 2025," Shanker said​.
Now Read: 
<ul>
<li><a href="https://www.benzinga.com/analyst-ratings/analyst-color/24/12/42444498/bank-of-america-raises-bullish-outlook-on-us-brokers-exchanges-alternative-investments-3-top-picks-for-2025">Bank Of America Raises Bullish Outlook On US Brokers, Exchanges, Alternative Investments: 3 Top Picks For 2025</a></li>
</ul>
Image: Best Airports 2024 &#x7C; Image generated using Dall-E

US Airlines Set To Fly High In 2025, Analyst Says: 'Perfect Storm Of Tailwinds' Will Propel Industry Gains

7 analysts have shared their evaluations of JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) during the recent three months, expressing a mix of bullish and bearish perspectives.
In the table below, you'll find a summary of their recent ratings, revealing the shifting sentiments over the past 30 days and comparing them to the previous months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">4</td>
<td align="right">1</td>
<td align="right">2</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">2</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $6.46, a high estimate of $8.00, and a low estimate of $5.00. This current average has increased by 23.05% from the previous average price target of $5.25. 
<img src="https://www.benzinga.com/files/images/story/2024/1733918466_0.png" alt="price target chart" />
<h2>Interpreting Analyst Ratings: A Closer Look</h2>
The standing of JetBlue Airways among financial experts is revealed through an in-depth exploration of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Ravi Shanker</td>
<td>Morgan Stanley</td>
<td>Announces</td>
<td>Equal-Weight</td>
<td>$8.00</td>
<td>-</td>
</tr>
<tr>
<td>Thomas Wadewitz</td>
<td>UBS</td>
<td>Announces</td>
<td>Sell</td>
<td>$5.00</td>
<td>-</td>
</tr>
<tr>
<td>Catherine O'Brien</td>
<td>Goldman Sachs</td>
<td>Announces</td>
<td>Sell</td>
<td>$5.50</td>
<td>-</td>
</tr>
<tr>
<td>Brandon Oglenski</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$7.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>Stephen Trent</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$7.75</td>
<td>$6.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$7.00</td>
<td>$6.00</td>
</tr>
<tr>
<td>Duane Pfennigwerth</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$5.00</td>
<td>$4.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to JetBlue Airways. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Delving into assessments, analysts assign qualitative values, from 'Outperform' to 'Underperform'. These ratings communicate expectations for the relative performance of JetBlue Airways compared to the broader market.</li>
<li>Price Targets: Analysts set price targets as an estimate of a stock's future value. Comparing the current and prior price targets provides insight into how analysts' expectations have changed over time. This information can be valuable for investors seeking to understand consensus views on the stock's potential future performance.</li>
</ul>
Understanding these analyst evaluations alongside key financial indicators can offer valuable insights into JetBlue Airways's market standing. Stay informed and make well-considered decisions with our Ratings Table.
<a href="https://www.benzinga.com/quote/JBLU/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on JetBlue Airways analyst ratings.</a>
<h2>Delving into JetBlue Airways's Background</h2>
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic &amp; Canada, Caribbean &amp; Latin America and Atlantic. Majority of revenue is generated from Domestic &amp; Canada segment.
<h3>Financial Insights: JetBlue Airways</h3>
Market Capitalization: With restricted market capitalization, the company is positioned below industry averages. This reflects a smaller scale relative to peers.
Revenue Growth: JetBlue Airways's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 0.51%. This signifies a substantial increase in the company's top-line earnings. In comparison to its industry peers, the company trails behind with a growth rate lower than the average among peers in the Industrials sector.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -2.54%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): JetBlue Airways's ROE is below industry standards, pointing towards difficulties in efficiently utilizing equity capital. With an ROE of -2.25%, the company may encounter challenges in delivering satisfactory returns for shareholders.
Return on Assets (ROA): JetBlue Airways's ROA is below industry standards, pointing towards difficulties in efficiently utilizing assets. With an ROA of -0.39%, the company may encounter challenges in delivering satisfactory returns from its assets.
Debt Management: JetBlue Airways's debt-to-equity ratio stands notably higher than the industry average, reaching 3.34. This indicates a heavier reliance on borrowed funds, raising concerns about financial leverage.
<h2>Analyst Ratings: What Are They?</h2>
Within the domain of banking and financial systems, analysts specialize in reporting for specific stocks or defined sectors. Their work involves attending company conference calls and meetings, researching company financial statements, and communicating with insiders to publish "analyst ratings" for stocks. Analysts typically assess and rate each stock once per quarter.
Some analysts publish their predictions for metrics such as growth estimates, earnings, and revenue to provide additional guidance with their ratings. When using analyst ratings, it is important to keep in mind that stock and sector analysts are also human and are only offering their opinions to investors.
Which Stocks Are Analysts Recommending Now?
Benzinga Edge gives you instant access to all major analyst upgrades, downgrades, and price targets. Sort by accuracy, upside potential, and more. <a href="https://www.benzinga.com/premium/ideas/benzinga-edge-checkout/?t=be8be9arja3be22bz21&amp;utm_source=benzinga-insights">Click here to stay ahead of the market</a>.
This article was generated by Benzinga's automated content engine and reviewed by an editor.

JetBlue Airways Stock: A Deep Dive Into Analyst Perspectives (7 Ratings)

Morgan Stanley analyst Ravi Shanker reinstates JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) with a Equal-Weight and announces $8 price target.

Initiation

Morgan Stanley Reinstates Equal-Weight on JetBlue Airways, Announces $8 Price Target

<a href="https://www.wsj.com/business/airlines/jet-blue-changes-routes-first-class-seats-12bdfe28?mod=Searchresults_pos1&amp;page=1" title="https://www.wsj.com/business/airlines/jet-blue-changes-routes-first-class-seats-12bdfe28?mod=Searchresults_pos1&amp;page=1">https://www.wsj.com/business/airlines/jet-blue-changes-routes-first-class-seats-12bdfe28?mod=Searchresults_pos1&amp;page=1</a>

The Wall Street Journal Reported JetBlue To Introduce Domestic First-Class Seats With 2-3 Rows Per Plane Starting 2026

<a href="https://www.cnbc.com/2024/12/04/jetblue-cuts-routes-europe-flights.html">https://www.cnbc.com/2024/12/04/jetblue-cuts-routes-europe-flights.html</a>
&nbsp;
<ul>
<li>JetBlue has been focused on cutting unprofitable flights to stem losses.</li>
<li>The carrier also has been trimming underperforming routes to focus on core markets.</li>
<li>JetBlue is ending some Miami flights and said the carrier will be overstaffed there.</li>
</ul>
<a href="https://www.cnbc.com/quotes/JBLU/">JetBlue Airways</a> told staff Wednesday that it is axing more unprofitable flights, redeploying aircraft outfitted with its high-value business class and tweaking Europe service, the carrier's latest moves to return to consistent profitability and cut costs.
It will also stop using planes with Mint business class on Seattle flights in April.
&nbsp;
JetBlue said it will cut flights from Fort Lauderdale, Florida, to Jacksonville, Florida; from New York's John F. Kennedy International Airport to Austin, Texas; Houston, Texas; Miami; and Milwaukee, Wisconsin; and from Westchester, N.Y. and Milwaukee. It will also end service to San Jose, California.
JetBlue said ending service between JFK and Miami will make the carrier over-staffed in Miami and that it's working with crew members on options, like working in other cities it serves.
"Florida remains a strong geography for JetBlue, however post-COVID we haven't been profitable in Miami due to the dominance of legacy carriers like <a href="https://www.cnbc.com/quotes/AAL/">American</a> and <a href="https://www.cnbc.com/quotes/DAL/">Delta</a> there," wrote Dave Jehn, JetBlue's vice president of network planning and airline partnerships, in a staff note, which was seen by CNBC.
It will continue serving Miami from Boston.
JetBlue will announce some new Europe service next week, the memo said. But starting in the summer 2025 travel season, it will drop its second JFK-Paris flight and its summer-only service between New York and London's Gatwick Airport, said Jehn.
&nbsp;
The changes were announced after JetBlue said its revenue and bookings have come in better than expected for November and December, sending shares up more than 8% on Wednesday. <a href="https://www.cnbc.com/2024/02/12/jetblue-resets-with-new-ceo-joanna-geraghty-airline-veterans.html">CEO Joanna Geraghty</a> and her team are focusing on reducing costs and culling unprofitable routes, such as those on the West Coast, as they grapple with a Pratt &amp; Whitney engine grounding and post-pandemic shifts in demand.
JetBlue said customers who are affected by the changes can select alternate flight options or receive a refund if other routes aren't available.
"Recently, we made some network adjustments in certain markets, removing some underperforming flying from our schedule, allowing us to redeploy resources, including our popular Mint service, toward high-demand markets and new opportunities," JetBlue said in a statement.

'JetBlue Cuts More Unprofitable Routes, Tweaks Europe Flights' - CNBC

U.S. stocks were higher, with the Dow Jones index gaining more than 150 points on Wednesday.
Shares of Pure Storage Inc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PSTG#NYSE">PSTG</a>) gained 26.1% to $67.48 after the company reported better-than-expected third-quarter financial results and issued fourth-quarter <a href="https://www.benzinga.com/news/earnings/24/12/42303442/pure-storage-shares-soar-after-strong-q3-q4-guidance-above-estimates-details">guidance above estimates</a>.
Pure Storage reported quarterly earnings of 50 cents per share, which beat the analyst consensus estimate of 42 cents. Quarterly revenue came in at $831.07 million which beat the consensus estimate of $818.14 million and is an increase over sales of $762.84 million from the same period last year.
Pure Storage shares jumped 26.1% to $67.48 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Cross Country Healthcare, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/CCRN#NASDAQ">CCRN</a>) shares gained 61.9% to $18.07 after Aya Healthcare announced a definitive agreement to acquire the company for approximately $615 million.</li>
<li>Altimmune Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ALT#NASDAQ">ALT</a>) surged 22.4% to $10.76.</li>
<li>Marvell Technology Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MRVL#NASDAQ">MRVL</a>) climbed 22% to $117.05 as the company reported better-than-expected third-quarter financial results and issued fourth-quarter guidance above estimates on Tuesday.</li>
<li>Hesai Group – ADR (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HSAI#NASDAQ">HSAI</a>) gained 20.6% to $9.65.</li>
<li>Stoke Therapeutics, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/STOK#NASDAQ">STOK</a>) jumped 15.2% to $13.17 after the company announced it received breakthrough therapy designation status from the FDA for Zorevuvnersen.</li>
<li>Navitas Semiconductor Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NVTS#NASDAQ">NVTS</a>) rose 15.1% to $3.6150.</li>
<li>Bitdeer Technologies Group (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/BTDR#NASDAQ">BTDR</a>) climbed 14.6% to $16.97.</li>
<li>MaxLinear, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MXL#NASDAQ">MXL</a>) gained 14.2% to $19.85.</li>
<li>Microvast Holdings Inc (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MVST#NASDAQ">MVST</a>) gained 14.2% to $1.61.</li>
<li>Zeta Global Holdings Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ZETA#NASDAQ">ZETA</a>) rose 13.3% to $27.10 after the company announced a 106% year-over-year usage increase for its marketing platform from Thanksgiving to Cyber Monday.</li>
<li>SoundHound AI, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/SOUN#NASDAQ">SOUN</a>) gained 12.4% to $9.99.</li>
<li>Roku, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ROKU#NASDAQ">ROKU</a>) rose 10.2% to $83.41. Needham maintained a Buy rating on the stock.</li>
<li>Salesforce, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CRM#NYSE">CRM</a>) gained 9.2% to $362.05 following third-quarter results.</li>
<li>Powell Industries, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/POWL#NASDAQ">POWL</a>) surged 8.8% to $292.50.</li>
<li>UiPath Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PATH#NYSE">PATH</a>) rose 8.5% to $15.61.</li>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) gained 7.2% to $6.49.</li>
<li>MongoDB, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/MDB#NASDAQ">MDB</a>) rose 6.6% to $345.27 after Baird maintained an Outperform rating on the stock and raised its price target from $305 to $380.</li>
</ul>
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Intraday Update

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Pure Storage Posts Upbeat Results, Joins Cross Country Healthcare, Marvell Technology, Stoke Therapeutics And Other Big Stocks Moving Higher On Wednesday

United Airlines Says FAA Air Traffic Controller Staffing Shortages Causing Significant Disruption For Travelers

UBS analyst Thomas Wadewitz assumes JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) with a Sell rating and announces Price Target of $5.

UBS Assumes JetBlue Airways at Sell, Announces Price Target of $5

Goldman Sachs <a href="https://www.benzinga.com/insights/analyst-ratings/24/11/42004767/breaking-down-united-airlines-holdings-11-analysts-share-their-views">has resumed coverage</a> of nine airlines and gave a broad overview of the year ahead for the airline sector. Here's a look at the winners and losers in the industry.
The Details: Goldman Sachs analyst Catherine O'Brien said the firm expects supply constraints to continue for the airlines into 2025. She sees mixed stock performance ahead, with the airlines exposed to premium and corporate demand outperforming the sector. 
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ALK: The firm resumed coverage of Alaska Air Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALK#NYSE">ALK</a>) with a Buy rating and a $70 price target on the stock. The analyst pointed to the airline's exposure to the West Coast corporate travel demand, which has begun to recover significantly. 
She also noted Alaska Air's improving interisland profitability and sees upside ahead related to synergies from the acquisition of Hawaiian Airlines.&nbsp;
DAL: Goldman Sachs resumed coverage of Delta Air Lines, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DAL#NYSE">DAL</a>) as a Buy with an $83 price target, representing 28% upside to the stock's current levels. The firm said its Buy rating is underpinned by Delta's growth in loyalty revenue, which is driven partly by its long-term credit card agreement with American Express. 
O&#8217;Brien also highlighted the airline's exposure to passenger demand for premium services and its competitors exiting key cities where Delta continues to operate.&nbsp;
UAL: O&#8217;Brien forecasted United Airlines Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/UAL#NYSE">UAL</a>) to end 2024 with margins at nearly pre-pandemic levels and noted this as the highest rate of recovery among the firm's airline coverage. The Goldman Sachs analyst also highlighted United as among the best positioned to serve the increasing premium and corporate consumer demand.&nbsp;
Goldman Sachs resumed coverage on United Airlines with a Buy rating and a $119 price target, representing 31% upside to the stock's current level.&nbsp;
JBLU: The firm resumed coverage on shares of JetBlue Airways Corp. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) with a Sell rating and a $5.50 price target. O'Brien pointed to capacity restraints resulting from aircraft grounded for required maintenance and air traffic control staffing shortages in New York City, where the airline has a large hub. The analyst said that both issues are out of management's control and expects both to continue through the short term.&nbsp;
LUV: The Goldman Sachs analyst resumed coverage on Southwest Airlines Co. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/LUV#NYSE">LUV</a>) shares with a Sell rating and announced a $28 price target. O'Brien said Southwest's product <a href="https://www.benzinga.com/insights/analyst-ratings/24/11/42004766/beyond-the-numbers-9-analysts-discuss-southwest-airlines-stock">and network</a> are not aligned with the increasing demand for premium air services, putting it at a disadvantage in the current market.&nbsp;
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Image: VanderWolf from Shutterstock

Delta, United, Alaska Air Are Top Analyst Picks In Airline Sector

Goldman Sachs analyst Catherine O'Brien reinstates JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) with a Sell and announces $5.5 price target.

Goldman Sachs Reinstates Sell on JetBlue Airways, Announces $5.5 Price Target

In the last three months, 7 analysts have published ratings on JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>), offering a diverse range of perspectives from bullish to bearish.
Summarizing their recent assessments, the table below illustrates the evolving sentiments in the past 30 days and compares them to the preceding months.
<table>
<thead>
<tr>
<th></th>
<th align="right">Bullish</th>
<th align="right">Somewhat Bullish</th>
<th align="right">Indifferent</th>
<th align="right">Somewhat Bearish</th>
<th align="right">Bearish</th>
</tr>
</thead>
<tbody>
<tr>
<td>Total Ratings</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">6</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>Last 30D</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
</tr>
<tr>
<td>1M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">1</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>2M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">2</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
<tr>
<td>3M Ago</td>
<td align="right">0</td>
<td align="right">0</td>
<td align="right">3</td>
<td align="right">0</td>
<td align="right">0</td>
</tr>
</tbody>
</table>
The 12-month price targets assessed by analysts reveal further insights, featuring an average target of $6.39, a high estimate of $7.75, and a low estimate of $5.00. Marking an increase of 28.83%, the current average surpasses the previous average price target of $4.96. 
<img src="https://www.benzinga.com/files/images/story/2024/1731614417_0.png" alt="price target chart" />
<h2>Understanding Analyst Ratings: A Comprehensive Breakdown</h2>
The standing of JetBlue Airways among financial experts becomes clear with a thorough analysis of recent analyst actions. The summary below outlines key analysts, their recent evaluations, and adjustments to ratings and price targets.
<table>
<thead>
<tr>
<th>Analyst</th>
<th>Analyst Firm</th>
<th>Action Taken</th>
<th>Rating</th>
<th>Current Price Target</th>
<th>Prior Price Target</th>
</tr>
</thead>
<tbody>
<tr>
<td>Brandon Oglenski</td>
<td>Barclays</td>
<td>Raises</td>
<td>Underweight</td>
<td>$7.00</td>
<td>$5.00</td>
</tr>
<tr>
<td>Stephen Trent</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$7.75</td>
<td>$6.00</td>
</tr>
<tr>
<td>Christopher Stathoulopoulos</td>
<td>Susquehanna</td>
<td>Raises</td>
<td>Neutral</td>
<td>$7.00</td>
<td>$6.00</td>
</tr>
<tr>
<td>Duane Pfennigwerth</td>
<td>Evercore ISI Group</td>
<td>Raises</td>
<td>In-Line</td>
<td>$5.00</td>
<td>$4.00</td>
</tr>
<tr>
<td>Stephen Trent</td>
<td>Citigroup</td>
<td>Raises</td>
<td>Neutral</td>
<td>$6.00</td>
<td>$5.75</td>
</tr>
<tr>
<td>Andrew Didora</td>
<td>B of A Securities</td>
<td>Raises</td>
<td>Neutral</td>
<td>$6.00</td>
<td>$3.00</td>
</tr>
<tr>
<td>Helane Becker</td>
<td>TD Cowen</td>
<td>Raises</td>
<td>Hold</td>
<td>$6.00</td>
<td>$5.00</td>
</tr>
</tbody>
</table>
<h3>Key Insights:</h3>
<ul>
<li>Action Taken: Analysts frequently update their recommendations based on evolving market conditions and company performance. Whether they 'Maintain', 'Raise' or 'Lower' their stance, it reflects their reaction to recent developments related to JetBlue Airways. This information provides a snapshot of how analysts perceive the current state of the company.</li>
<li>Rating: Gaining insights, analysts provide qualitative assessments, ranging from 'Outperform' to 'Underperform'. These ratings reflect expectations for the relative performance of JetBlue Airways compared to the broader market.</li>
<li>Price Targets: Understanding forecasts, analysts offer estimates for JetBlue Airways's future value. Examining the current and prior targets provides insight into analysts' changing expectations.</li>
</ul>
Assessing these analyst evaluations alongside crucial financial indicators can provide a comprehensive overview of JetBlue Airways's market position. Stay informed and make well-judged decisions with the assistance of our Ratings Table.
<a href="https://www.benzinga.com/quote/JBLU/analyst-ratings?utm_source=Benzinga Insights">Stay up to date on JetBlue Airways analyst ratings.</a>
<h2>All You Need to Know About JetBlue Airways</h2>
JetBlue Airways Corp is a low-cost airline that offers high-quality service, including assigned seating and in-flight entertainment. It served approximately 100 destinations in the United States, the Caribbean and Latin America, Canada, and England. The company currently operates Airbus A321, Airbus A320, Airbus A321neo, and Embraer E190 aircraft types. The operating segments of company are Domestic &amp; Canada, Caribbean &amp; Latin America and Atlantic. Majority of revenue is generated from Domestic &amp; Canada segment.
<h3>Unraveling the Financial Story of JetBlue Airways</h3>
Market Capitalization Analysis: Below industry benchmarks, the company's market capitalization reflects a smaller scale relative to peers. This could be attributed to factors such as growth expectations or operational capacity.
Revenue Growth: JetBlue Airways's remarkable performance in 3 months is evident. As of 30 September, 2024, the company achieved an impressive revenue growth rate of 0.51%. This signifies a substantial increase in the company's top-line earnings. When compared to others in the Industrials sector, the company faces challenges, achieving a growth rate lower than the average among peers.
Net Margin: The company's net margin is below industry benchmarks, signaling potential difficulties in achieving strong profitability. With a net margin of -2.54%, the company may need to address challenges in effective cost control.
Return on Equity (ROE): JetBlue Airways's ROE lags behind industry averages, suggesting challenges in maximizing returns on equity capital. With an ROE of -2.25%, the company may face hurdles in achieving optimal financial performance.
Return on Assets (ROA): JetBlue Airways's ROA is below industry averages, indicating potential challenges in efficiently utilizing assets. With an ROA of -0.39%, the company may face hurdles in achieving optimal financial returns.
Debt Management: JetBlue Airways's debt-to-equity ratio is below industry norms, indicating a sound financial structure with a ratio of 3.34.
<h2>Analyst Ratings: Simplified</h2>
Analysts work in banking and financial systems and typically specialize in reporting for stocks or defined sectors. Analysts may attend company conference calls and meetings, research company financial statements, and communicate with insiders to publish "analyst ratings" for stocks. Analysts typically rate each stock once per quarter.
Analysts may supplement their ratings with predictions for metrics like growth estimates, earnings, and revenue, offering investors a more comprehensive outlook. However, investors should be mindful that analysts, like any human, can have subjective perspectives influencing their forecasts.
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This article was generated by Benzinga's automated content engine and reviewed by an editor.

The Latest Analyst Ratings For JetBlue Airways

Barclays analyst Brandon Oglenski maintains JetBlue Airways (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) with a Underweight and raises the price target from $5 to $7.

Barclays Maintains Underweight on JetBlue Airways, Raises Price Target to $7

U.S. stocks were slightly lower, with the Dow Jones index falling around 0.1% on Thursday.
Shares of Hillenbrand, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/HI#NYSE">HI</a>) rose sharply in today's session following <a href="https://www.benzinga.com/quote/HI/earnings">upbeat quarterly results</a>.
Hillenbrand reported quarterly earnings of $1.01 per share which beat the analyst consensus estimate of 92 cents per share. The company reported quarterly sales of $837.60 million which beat the analyst consensus estimate of $792.98 million.
Hillenbrand shares surged 14.7% to $34.60 on Thursday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>AC Immune SA (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ACIU#NASDAQ">ACIU</a>) gained 18% to $3.6844 after the company announced interim safety and immunogenicity data from the Phase 2 VacSYn clinical trial evaluating ACI-7104.056 for the treatment of patients with early Parkinson&#8217;s disease.</li>
<li>NextNav Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NN#NASDAQ">NN</a>) gained 16.8% to $15.85 after the company reported better-than-expected quarterly financial results.</li>
<li>DLocal Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DLO#NASDAQ">DLO</a>) shares jumped 16.1% to $10.50 after the company reported better-than-expected third-quarter revenue results.</li>
<li>Oscar Health, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/OSCR#NYSE">OSCR</a>) rose 14.6% to $15.44.</li>
<li>Taysha Gene Therapies, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSHA#NASDAQ">TSHA</a>) gained 14.4% to $2.5300 following third-quarter results.</li>
<li>Beazer Homes USA, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/BZH#NYSE">BZH</a>) shares rose 13.9% to $36.41 after the company reported better-than-expected quarterly financial results.</li>
<li>Tapestry, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/TPR#NYSE">TPR</a>) gained 11.2% to $57.00 after the company announced plans for an additional $2 billion share repurchase program.</li>
<li>Spire Global, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPIR#NYSE">SPIR</a>) rose 10.9% to $14.91. Spire Global agreed to sell its maritime business to Kpler for roughly $241 million.</li>
<li>Wynn Resorts, Limited (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/WYNN#NASDAQ">WYNN</a>) gained 9.2% to $93.69.</li>
<li>ZIM Integrated Shipping Services Ltd. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ZIM#NYSE">ZIM</a>) climbed 9.1% to $27.28.</li>
<li>Advance Auto Parts, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AAP#NYSE">AAP</a>) gained 8.9% to $44.60 following third-quarter results.</li>
<li>The Walt Disney Company (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/DIS#NYSE">DIS</a>) rose 8.8% to $111.75 following upbeat earnings.</li>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) gained 6.3% to $7.38.</li>
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Hillenbrand Posts Better-Than-Expected Earnings, Joins Beazer Homes, Tapestry, Walt Disney And Other Big Stocks Moving Higher On Thursday

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Jetblue shares are trading higher after it was announced that a proposed Spirit Airlines merger with Frontier Airlines fell through and it could file for bankruptcy.

U.S. stocks were mixed, with the Nasdaq Composite falling around 50 points on Wednesday.
Shares of Paymentus Holdings, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/PAY#NYSE">PAY</a>) rose sharply in today's session after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance <a href="https://www.benzinga.com/quote/PAY/earnings">above estimates</a>.
Also, Baird maintained an Outperform rating on the stock and raised its price target from $25 to $36.
Paymentus Holdings shares jumped 23.8% to $32.97 on Wednesday.
Here are some other big stocks recording gains in today's session.
<ul>
<li>Jet.AI Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JTAI#NASDAQ">JTAI</a>) shares surged 56% to $10.36. Jet.AI's board approved $2 million share repurchase program through 2025 and announced withdrawal of S-1 registration.</li>
<li>Dave Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/DAVE#NASDAQ">DAVE</a>) shares jumped 46.8% to $92.19 after the company reported better-than-expected third-quarter adjusted EPS results and raised its FY24 sales guidance.</li>
<li>Rocket Lab USA, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RKLB#NASDAQ">RKLB</a>) gained 36% to $19.93 after the company reported better-than-expected quarterly financial results. The company also announced a multi-launch agreement with a confidential commercial satellite constellation operator and was awarded a federal defense contract worth up to $8 million.</li>
<li>Paragon 28, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/FNA#NYSE">FNA</a>) rose 34.8% to $10.20 following third-quarter results.</li>
<li>The Honest Company, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/HNST#NASDAQ">HNST</a>) gained 28.3% to $6.16 after the company reported better-than-expected quarterly sales results.</li>
<li>Organogenesis Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ORGO#NASDAQ">ORGO</a>) gained 27.5% to $4.4000 following third-quarter results.</li>
<li>Altus Power, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/AMPS#NYSE">AMPS</a>) gained 21.5% to $3.7788 after the company reported better-than-expected quarterly EPS and sales.</li>
<li>Natera, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/NTRA#NASDAQ">NTRA</a>) gained 20% to $162.15 after the company reported better-than-expected third-quarter financial results and issued FY24 revenue guidance above estimates.</li>
<li>Rivian Automotive, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/RIVN#NASDAQ">RIVN</a>) gained 15.3% to $12.19 after the company announced a joint venture launch with Volkswagen for a total deal size worth up to $5.8 billion.</li>
<li>JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) rose 15.3% to $7.28.</li>
<li>Tower Semiconductor Ltd. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/TSEM#NASDAQ">TSEM</a>) gained 11.8% to $48.22 after the company reported better-than-expected quarterly financial results.</li>
<li>James Hardie Industries plc (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/JHX#NYSE">JHX</a>) rose 9.9% to $34.93.</li>
<li>CAVA Group, Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/CAVA#NYSE">CAVA</a>) gained 9.1% to $158.26 after the company reported better-than-expected third-quarter financial results and raised its FY24 net new restaurant openings outlook and same sales growth.</li>
<li>Albemarle Corporation (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/ALB#NYSE">ALB</a>) rose 7.1% to $110.09.</li>
<li>Spotify Technology S.A. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SPOT#NYSE">SPOT</a>) gained 6.9% to $448.39 following third-quarter earnings.</li>
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Paymentus Posts Better-Than-Expected Earnings, Joins Dave, Honest Company, Natera, CAVA Group And Other Big Stocks Moving Higher On Wednesday

Shares of Spirit Airlines Inc. (NYSE:<a class="ticker" href="https://www.benzinga.com/stock/SAVE#NYSE">SAVE</a>) plunged by 62.73% in after-hours and closed nearly 5.29% lower at $3.22 apiece on Tuesday after the company failed to file its earnings for the quarter ended September 2024. The discount airline in a filing late Tuesday, said that it is in talks with its creditors to carve out a restructuring plan which could "lead to the cancellation of the Company's existing equity."
<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="1024" height="244" src="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13033834/Spirit-Airlines-1024x244.png" alt="" class="wp-image-644695" srcset="https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13033834/Spirit-Airlines-1024x244.png 1024w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13033834/Spirit-Airlines-300x71.png 300w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13033834/Spirit-Airlines-768x183.png 768w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13033834/Spirit-Airlines-1536x366.png 1536w,https://editorial-assets.benzinga.com/wp-content/uploads/2024/11/13033834/Spirit-Airlines.png 1738w" sizes="(max-width: 1024px) 100vw, 1024px" /></figure>
What Happened: The budget airline is in discussion with its noteholders for potential bankruptcy or out-of-court restructuring that has been underway for months. This comes after Spirit&#8217;s effort to merge with Frontier Group Holdings Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/ULCC#NASDAQ">ULCC</a>) and its takeover by JetBlue Airways Corporation (NASDAQ:<a class="ticker" href="https://www.benzinga.com/stock/JBLU#NASDAQ">JBLU</a>) fell out.
Also read: <a href="https://www.benzinga.com/24/11/41929722/top-wall-street-forecasters-revamp-tower-semiconductor-price-expectations-ahead-of-q3-earnings">Top Wall Street Forecasters Revamp Tower Semiconductor Price Expectations Ahead Of Q3 Earnings</a>
Why It Matters: As the ultra-discount airline&#8217;s efforts to save itself fail, its equity holders may suffer because of the cancellation of shares. However, the company&#8217;s statement indicates that the plan that it is trying to negotiate would not hamper general unsecured creditors, employees, customers, vendors, suppliers, aircraft lessors, or the holders of its secured debt backed by aircraft.
The bondholders include the owners of about $1 billion, 8% coupon loyalty bonds which are due 2025 and $500 million in unsecured convertible bonds due 2026. This former debt is backed by claims on elements of the company's frequent-flyer program.
Also Read: <a href="https://www.benzinga.com/24/11/41899303/top-3-tech-and-telecom-stocks-which-could-rescue-your-portfolio-in-q4" target="_blank" rel="noreferrer noopener">Top 3 Tech And Telecom Stocks Which Could Rescue Your Portfolio In Q4</a>
Price Action: The shares of Spirit Airlines have underperformed the NYSE Composite on a year-to-date basis as it has fallen by 80.31%, whereas the index gave a 17.88% return in the same period. The relative strength index at 40.79 shows that the stock is neither overbought nor oversold.
The consensus estimates of all the 12 analysts tracking the stock as per Nasdaq, is a &#8220;sell&#8221; with an average price target is $2.13 apiece.
<ul>
<li>Read Next: <a href="https://www.benzinga.com/tech/24/11/41895759/amazon-set-to-introduce-new-ai-chips-in-december-to-rival-jensen-huangs-ai-stalwart-we-want-to-be-absolutely-the-best-place-to-run-nvidia">Amazon Set To Introduce New AI Chips In December To Rival Jensen Huang&#8217;s AI Stalwart: &#8216;We Want To Be Absolutely The Best Place To Run Nvidia&#8217;</a></li>
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Photo via Wikimedia Commons

Spirit Airlines Nears Bankruptcy, Creditors May Approve Equity 'Cancellation:' Here's What It Means For Investors As Shares Fall With A Thud

<a href="https://www.bloomberg.com/news/articles/2024-11-12/jetblue-american-hint-at-revived-partnership-despite-court-loss">https://www.bloomberg.com/news/articles/2024-11-12/jetblue-american-hint-at-revived-partnership-despite-court-loss</a>
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American Airlines Group Inc. and JetBlue Airways Corp. still want to team up in the Northeastern US after an earlier pact was scuttled by US courts.
American Chief Executive Officer Robert Isom and JetBlue President Marty St. George on Tuesday each hinted that a new partnership was still possible, even after a federal appeals court last week <a href="https://www.bloomberg.com/news/articles/2024-11-08/american-jetblue-alliance-breakup-upheld-by-appeals-court">upheld</a> an earlier finding that their Northeast Alliance violated antitrust laws and had to be dismantled.

'JetBlue, American Hint At Revived Partnership Despite Court Loss' - Bloomberg News

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JetBlue Helps Customers Reach Mosaic Status through Contributions to Sustainable Aviation Fuel

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