Airline Industry Revenue: The airline industry is projected to surpass $1 trillion in revenue for the first time this year, despite ongoing profitability challenges, with net margins around 4%.
Cost Pressures: Labor costs have overtaken fuel as the largest expense for airlines, contributing to over 55% of the industry's cost base, with supply chain disruptions expected to add significant costs in the coming years.
Promising Airline Stocks: A stock screening analysis highlights top-rated airline stocks, with companies like LATAM Airlines Group and Joby Aviation showing impressive year-to-date performance despite industry challenges.
Future Profit Forecast: Global airlines are anticipated to achieve record profits by 2026, indicating a potential recovery and growth in the U.S. airline sector.
Wall Street analysts forecast JETS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JETS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Analyst Rating
Wall Street analysts forecast JETS stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JETS is USD with a low forecast of USD and a high forecast of USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
0 Buy
0 Hold
0 Sell
Current: 28.950
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Averages
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Current: 28.950
Low
Averages
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About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.