Stock fact sheet · data as of
JetBlue Airways Corporation (JBLU): fair value, margin of safety and Wheel Score
Ticker symbol JBLU · Industrials · Airlines, Airports & Air Services · United States · Speculative
Is JBLU undervalued?
At 3.56 (close of 5 Nov 2026), JBLU has no GLS fair value: every one of the nine models needs a positive input (the company lost money over the last twelve months, EPS -2.65, it pays no dividend and its debts exceed what its assets would fetch), so the margin of safety is blank and the Wheel Score cannot be computed. Our scans leave the stock out at the first filter. What can be said from the nightly row is below.
The nightly engine files JBLU under Speculative - it is losing money or its Piotroski health score is 3 or lower - which caps its Wheel Score at 45 and keeps it out of the Sunday Scan.
Nine valuation models for JBLU
Each model turns the latest filed numbers into a value per share; the GLS fair value is the simple average of the ones that produce a positive number. The last two rows are shown for reference and never enter the average. The Quote page lets you switch any model off and add your own margin of safety.
| Model | Value | vs price | What it measures |
|---|---|---|---|
| DCF | - | - | Present value of the projected free cash flows, discounted at the cost of capital; no value tonight |
| Graham Number | - | - | The most a defensive investor pays for the earnings and book value per share; no value tonight |
| Graham Growth | - | - | Graham's growth formula: EPS × (8.5 + 2 × growth), adjusted for bond yields; no value tonight |
| Lynch | - | - | EPS × the earnings growth rate (PEG of 1), growth capped at 25%; no value tonight |
| GLS Growth | - | - | EPS compounded ten years at the blended growth rate, discounted back at 15% a year; no value tonight |
| 10 Cap | - | - | Owner's earnings (operating cash flow less maintenance capex) capitalised at 10%; no value tonight |
| Payback Time | - | - | Eight years of compounded free cash flow: the price at which the business pays for itself; no value tonight |
| DDM | - | - | Dividend discount model: next year's dividend ÷ (10% − 3% growth); needs a dividend; no value tonight |
| EPV | - | - | Earnings power value: current EPS capitalised at 9% with no growth; no value tonight |
| Zombie (liquidation) | -35.16 | -1088% | Current assets less all liabilities, per share: the balance-sheet floor. Not in the average |
| Wall St target | 4.51 | +27% | Analysts' average 12-month price target. Not in the average |
Quality and financial health
JetBlue Airways Corporation scores only 2 of 9 on the Piotroski F-score, which fails the "Piotroski 6 or more" Wheel Trade Filter. A reading this low means several of the basic tests - positive earnings, positive operating cash flow, falling debt, no new share issuance - are not met. A GLS Moat score of 1.8/10 is a weak reading: the accounts do not show returns and margins that competitors have been unable to wear down, so the Moat part of the Wheel Score contributes little.
Returns on capital are thin or negative - ROIC -4.9%, ROE -28.4%, ROA -3.2% - with debt at 4.84 times equity and negative free cash flow. Debt of 4.84 times equity is on the high side for the sector and is worth checking against the cash flow before treating the stock as a long-term hold.
JetBlue Airways Corporation pays no dividend, so the DDM model does not apply and a covered-call holder earns only the premium and any price gain. Revenue comes mainly from Passenger 93%, Product and Service, Other 8% (quarter Q3 FY2026).
Institutional ownership scores 10/10, insider activity 3/10 and Congressional trading 5/10 on the GLS smart-money scales; the last recorded insider buy was on 29 Oct 2026.
| Piotroski F-score | 2 / 9 | ROIC | -4.9% |
|---|---|---|---|
| GLS Moat | 1.8 / 10 | ROE | -28.4% |
| Debt / equity | 4.84 | ROA | -3.2% |
| Free-cash-flow yield | -87.2% | Payout ratio | 0% |
| Institutions | 10 / 10 | Insiders · Congress | 3 · 5 / 10 |
Wheel Score 18: Weak
With a Wheel Score of 18 JetBlue Airways Corporation sits in the Weak band. It fails filter 2, a real business, not a gamble - speculative (a loss, or a weak Piotroski score); and filter 3, below fair value - trades right at our fair value; and filter 4, financially healthy - Piotroski 2/9 (under 6); and filter 5, can repay its debt - debt with no positive cash flow to repay it; and filter 6, no serious red flags - Red Flags score 45 (under 60); and filter 7, a premium worth selling - implied volatility 91% (over 80%); and filter 9, not a penny stock - price 3.56 (under $5); Value (weak) is its weakest part.
Implied volatility is 91%, above the 80% ceiling of the Wheel Trade Filter on premium. The premium looks generous, but moves of that size can blow through any strike. The option chain is deep: 443,586 contracts of open interest across all expiries, which means tight fills at most strikes.
Volume runs at 43.1M shares a day on a market cap of $1.3B, with a beta of 1.90 - a high beta, so the stock tends to move more than the market and a strike can be gapped through; the Stability part of the Wheel Score rates that weak.
| Filter | Wheel Trade Filter | Result | Detail |
|---|---|---|---|
| 1 | Options that actually trade | Passes | Listed options with 1,000+ contracts of open interest and 100+ traded a day |
| 2 | A real business, not a gamble | Fails | speculative (a loss, or a weak Piotroski score) |
| 3 | Below fair value | Fails | trades right at our fair value |
| 4 | Financially healthy | Fails | Piotroski 2/9 (under 6) |
| 5 | Can repay its debt | Fails | debt with no positive cash flow to repay it |
| 6 | No serious red flags | Fails | Red Flags score 45 (under 60) |
| 7 | A premium worth selling | Fails | implied volatility 91% (over 80%) |
| 8 | Big enough | Passes | Market cap $1 billion or more |
| 9 | Not a penny stock | Fails | price 3.56 (under $5) |
| How it ranks | Rating | From | |
|---|---|---|---|
| Value | Weak | 0% below fair value | |
| Premium | Fair | implied volatility 91% | |
| Moat | Weak | moat 1.8/10 | |
| Health | Weak | Piotroski 2/9 | |
| Red Flags | Weak | Red Flags score 45/100 | |
| Option trading | Strong | 63,331 contracts a day, 443,586 open interest | |
| Stability | Weak | beta 1.90, $1.3B company |
The Wheel Score ranks ~7,400 US stocks for selling cash-secured puts and covered calls: a stock must pass all 9 Wheel Trade Filters to score 70, and the score then ranks the ones that pass; the Sunday Scan is the top 10. It is updated nightly and is not a recommendation. How the Wheel Score works · the walkthrough lesson shows how it fits into a trade, start to finish.
Upcoming events
The next earnings report is due on 26 Jan 2027, 82 days away - outside the window of a 30-45-day put sold today.
Analysts upgraded JBLU 2 times in the last 30 days with no downgrades; the latest action was a reiterated rating by BMO Capital on 28 Oct 2026.
Earnings, dividend, IPO, split and economic calendars for the whole market, filterable to your watchlists.
Similar stocks in Airlines, Airports & Air Services
The 12 companies below are the closest to JetBlue Airways Corporation by market cap within the Airlines, Airports & Air Services industry, each with its own fact sheet; the Compare page puts up to eight of them side by side.
| Stock | Close | Fair value | MoS | Wheel | Mkt cap |
|---|---|---|---|---|---|
| ULCC Frontier Group Holdings, Inc. | 7.09 | 2.45 | -189% | 25Weak | $1.6B |
| RJET Republic Airways Holdings Inc. | 20.50 | 29.45 | +30% | 29No options | $958M |
| VLRS Controladora Vuela Compañía de Aviación, S.A.B. de C.V. | 7.43 | 98.86 | +92% | 40Weak | $854M |
| ALGT Allegiant Travel Company | 81.53 | 101.91 | +20% | 35Weak | $2.2B |
| PHIG PHI Group, Inc. | 26.50 | 30.16 | +12% | 15No options | $644M |
| SKYW SkyWest, Inc. | 82.41 | 215.92 | +62% | 44Weak | $3.1B |
| CAAP Corporacion America Airports S.A. | 25.14 | 65.51 | +62% | 47Weak | $4.1B |
| ALK Alaska Air Group, Inc. | 40.00 | - | - | 33Weak | $4.5B |
| JOBY Joby Aviation, Inc. | 5.05 | 0.2597 | -1844% | 20Weak | $5.0B |
| OMAB Grupo Aeroportuario del Centro Norte, S.A.B. de C.V. | 108.39 | 135.02 | +20% | 43Weak | $5.2B |
| CPA Copa Holdings, S.A. | 145.89 | 320.23 | +54% | 79Good | $6.0B |
| ASLE AerSale Corporation | 4.97 | 10.36 | +52% | 25Weak | $237M |
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Start free See the Sunday ScanQuestions about JBLU
Is JBLU undervalued right now?
The GLS models could not value JBLU (the company lost money over the last twelve months, EPS -2.65, it pays no dividend and its debts exceed what its assets would fetch), so there is no fair value or margin of safety to compare the price of 3.56 against.
What is the Wheel Score of JBLU and what does it mean?
JBLU scores 18 out of 100 (Weak) - it fails Wheel Trade Filters 2, 3, 4, 5, 6, 7, 9. The Wheel Score ranks stocks for the wheel strategy - selling cash-secured puts, then covered calls if assigned - in two parts: the 9 pass/fail Wheel Trade Filters (busy options, a real business, below fair value, Piotroski 6 or more, debt it can repay, a Red Flags score of 60 or more, implied volatility of 25-80%, a $1 billion company, $5 a share) and a ranking of how strongly a stock passes on value, premium, moat, health, red flags, option trading and stability. A stock that fails any filter stays under 70; 70-84 is Good, 85 and above is Prime. The Sunday Scan is the top 10 that pass, sorted by Wheel Score.
What is the GLS fair value for JBLU?
None of the nine GLS models produced a positive value for JBLU (the company lost money over the last twelve months, EPS -2.65, it pays no dividend and its debts exceed what its assets would fetch), so there is no GLS fair value tonight.
When does JetBlue Airways Corporation report earnings next?
The next earnings report is due on 26 Jan 2027, 82 days from the data date of 5 Nov 2026. The Calendars page lists every upcoming report with its time of day.
Does JBLU have listed options, and how liquid are they?
Yes. The nightly snapshot found 80 listed contracts with 443,586 open interest across all expiries and implied volatility of 91% on the near-the-money contracts. The Options scanner lists the cash-secured put and covered call set-ups with premium and annualised yield worked out.