JBLU
JetBlue Airways Corporation
JBLU has lower modeled downside risk, despite its lower overall score.
RKLB
Rocket Lab USA, Inc.
RKLB has the edge over JBLU overall, supported by stronger fundamentals and stronger modeled upside.
JBLU Fundamentals
| Metric | Status |
|---|---|
| Healthy | |
| Under pressure | |
| Under pressure | |
| Weak |
JBLU's revenue is currently healthy, but its profitability, cash flow and balance sheet are under pressure.
RKLB Fundamentals
| Metric | Status |
|---|---|
| Strong | |
| Under pressure | |
| Weak | |
| Unavailable |
RKLB's revenue is currently strong, but its profitability and cash flow are under pressure. There isn't enough data to rate its balance sheet.
JBLU PE Valuation
JBLU has no meaningful PE right now: it lost money over the past year.
RKLB PE Valuation
RKLB has no meaningful PE right now: it lost money over the past year.
JBLU Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect JBLU's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
RKLB Forward outlook
| Metric | Outlook |
|---|---|
| -- | |
| Losses shrinking | |
| Strong growth | |
| Strongly improving | |
| Limited | |
| Low |
Analysts expect RKLB's losses to shrink, with revenue growing. However, they disagree widely on these estimates.
JBLU Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$2.67 | -$1.39 |
| Q2 2026 | -$2.38 | -$1.32 |
| Q1 2026 | -$1.93 | -$1.15 |
| Q4 2025 | -$1.66 | +$0.64 |
| Q3 2025 | -$1.28 | +$1.23 |
| Q2 2025 | -$1.06 | +$1.74 |
| Q1 2025 | -$0.78 | +$1.68 |
| Q4 2024 | -$2.30 | -$1.37 |
JBLU lost $2.67 per share over the past year, and its loss has widened in each of the last six quarters.
RKLB Earnings Per Share
| Quarter | TTM EPS | YoY |
|---|---|---|
| Q3 2026 | -$0.36 | +$0.03 |
| Q2 2026 | -$0.27 | +$0.19 |
| Q1 2026 | -$0.32 | +$0.09 |
| Q4 2025 | -$0.37 | +$0.01 |
| Q3 2025 | -$0.39 | -$0.02 |
| Q2 2025 | -$0.46 | -$0.11 |
| Q1 2025 | -$0.41 | -$0.04 |
| Q4 2024 | -$0.38 | $0.00 |
RKLB is still losing money, but less than at its worst: $0.36 per share over the past year, against $0.46 at its worst in mid-2025.
JBLU Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $2.8B | +21% |
| Q2 2026 | $2.7B | +14% |
| Q1 2026 | $2.2B | +4.7% |
| Q4 2025 | $2.2B | -1.4% |
| Q3 2025 | $2.3B | -1.8% |
| Q2 2025 | $2.4B | -3% |
| Q1 2025 | $2.1B | -3.1% |
| Q4 2024 | $2.3B | -2.1% |
JBLU's revenue has picked up after three years of holding roughly level: $2.8B last quarter, up 21% from the same quarter a year ago.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -5.1% | -0.8 points |
| Q2 2026 | -5.2% | -5.5 points |
| Q1 2026 | -10% | -1.9 points |
| Q4 2025 | -4.5% | -5.2 points |
| Q3 2025 | -4.3% | -2.7 points |
| Q2 2025 | 0.3% | -2.1 points |
| Q1 2025 | -8.1% | +24 points |
| Q4 2024 | 0.7% | +3.6 points |
JBLU has the edge over RKLB on profitability, with a higher operating margin.
RKLB Quarterly Revenue
| Quarter | Revenue | YoY |
|---|---|---|
| Q3 2026 | $267.8M | +73% |
| Q2 2026 | $234.1M | +62% |
| Q1 2026 | $200.3M | +63% |
| Q4 2025 | $179.7M | +36% |
| Q3 2025 | $155.1M | +48% |
| Q2 2025 | $144.5M | +36% |
| Q1 2025 | $122.6M | +32% |
| Q4 2024 | $132.4M | +121% |
RKLB has the edge over JBLU on sales, with more consistent year-over-year improvement.
| Quarter | Margin | YoY |
|---|---|---|
| Q3 2026 | -30% | +8.5 points |
| Q2 2026 | -25% | +17 points |
| Q1 2026 | -28% | +20 points |
| Q4 2025 | -28% | +11 points |
| Q3 2025 | -38% | +12 points |
| Q2 2025 | -41% | -0.5 points |
| Q1 2025 | -48% | -1.9 points |
| Q4 2024 | -39% | +41 points |
RKLB's operating margin was −30% last quarter, up 8.5 points from the same quarter a year ago.
JBLU Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$465M | -$54M |
| Q2 2026 | -$377M | +$35M |
| Q1 2026 | -$6M | +$56M |
| Q4 2025 | -$287M | +$81M |
| Q3 2025 | -$411M | -$109M |
| Q2 2025 | -$412M | +$29M |
| Q1 2025 | -$62M | +$161M |
| Q4 2024 | -$368M | +$96M |
JBLU has the edge over RKLB on cash flow, with more consistent year-over-year improvement.
RKLB Free Cash Flow
| Quarter | Free cash flow | YoY |
|---|---|---|
| Q3 2026 | -$23.9M | +$45.5M |
| Q2 2026 | -$110.1M | -$54.8M |
| Q1 2026 | -$77.4M | +$5.5M |
| Q4 2025 | -$114.2M | -$90.2M |
| Q3 2025 | -$69.4M | -$27.5M |
| Q2 2025 | -$55.3M | -$26.9M |
| Q1 2025 | -$82.9M | -$61.1M |
| Q4 2024 | -$23.9M | +$28.7M |
RKLB has burned cash in almost every quarter: −$326M over the past year, against −$232M the year before.
JBLU Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +0.4% | +1.4M shares |
| 1 year | +3.7% | +13.6M shares |
| 3 years | +13% | +44M shares |
| 5 years | +17% | +56M shares |
| Available history | +26% | +78.9M shares |
JBLU has the edge over RKLB on shareholder dilution, with a more favorable share count trend.
RKLB Total Shares
| Period | Change % | Net change |
|---|---|---|
| Quarterly | +3.6% | +22.6M shares |
| 1 year | +23% | +124M shares |
| 3 years | +35% | +168M shares |
| 5 years | +46% | +204M shares |
RKLB has 652M diluted shares, up 23% from a year ago.
| Quarter | Spent |
|---|---|
| Q4 2020 | — |
| Q2 2020 | — |
| Q1 2020 | — |
JBLU Net Leverage
| Quarter | Net Leverage | Status |
|---|---|---|
| Q3 2026 | 62.0x | High |
| Q2 2026 | 46.7x | High |
| Q1 2026 | 23.4x | High |
| Q4 2025 | 20.5x | High |
| Q3 2025 | 14.2x | High |
| Q2 2025 | 13.1x | High |
| Q1 2025 | 11.8x | High |
| Q4 2023 | 9.1x | High |
JBLU's net debt is more than 20 years of its operating earnings (EBITDA), up from 14 years a year ago.
RKLB Net Leverage
RKLB's operating earnings (EBITDA) were negative over the past year, so its debt can't be measured against them.
JBLU Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 43.6 | Neutral |
| Stochastic | 30.8 | Neutral |
JBLU's weekly RSI is 44 (neutral) and its Stochastic is 31 (neutral).
RKLB Weekly Momentum
| Metric | Value | Status |
|---|---|---|
| RSI | 46.8 | Neutral |
| Stochastic | 27.6 | Neutral |
RKLB's weekly RSI is 47 (neutral) and its Stochastic is 28 (neutral).
JBLU PE vs Industrials Sector
| Metric | JBLU | Sector median | Relative |
|---|---|---|---|
| PE | N/A | 24x | — |
JBLU has no meaningful PE right now: it lost money over the past year.
RKLB PE vs Industrials Sector
RKLB has no meaningful PE right now: it lost money over the past year.
JBLU Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $3.53 | 7.9% above |
| 20 week MA | $4.58 | 17% below |
| 50 week MA | $4.88 | 22% below |
| 100 week MA | $5.06 | 25% below |
| 200 week MA | $5.70 | 33% below |
JBLU has bounced recently, but its long-term trend is still down: it's above its 8-week average, but 33% below its 200-week average.
RKLB Weekly Moving Averages
| Moving average | MA price | Relative |
|---|---|---|
| 8 week MA | $61.4 | 4.3% above |
| 20 week MA | $68.1 | 5.9% below |
| 50 week MA | $77.6 | 17% below |
| 100 week MA | $56.5 | 13% above |
| 200 week MA | $31.4 | 104% above |
RKLB has the edge over JBLU on trend strength, trading above more of its moving averages.
JBLU Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $18.9 | $14.4 | -24% |
| 2021 | $14.4 | $14.7 | +1.7% |
| 2022 | $14.7 | $6.45 | -56% |
| 2023 | $6.45 | $5.55 | -14% |
| 2024 | $5.55 | $7.80 | +41% |
| 2025 | $7.80 | $4.69 | -40% |
| 2026 YTD | $4.69 | $3.81 | -19% |
JBLU has finished lower in four of the last six years. It's down 19% so far in 2026.
RKLB Yearly ROI
| Year | Start price | End price | ROI |
|---|---|---|---|
| 2020 | $9.82 | $10.3 | +4.9% |
| 2021 | $10.3 | $12.0 | +17% |
| 2022 | $12.0 | $3.77 | -69% |
| 2023 | $3.77 | $5.53 | +47% |
| 2024 | $5.53 | $27.2 | +392% |
| 2025 | $27.2 | $70.7 | +160% |
| 2026 YTD | $70.7 | $64.1 | -9.3% |
RKLB has the edge over JBLU on returns for 2026, with the stronger performance.