An analysis on November 14, 2025, suggests JetBlue's stock may be undervalued, citing a fair value of $4.65 compared to its recent closing price of $4.32. This assessment follows a period of share price volatility and a significant year-to-date decline, reflecting sector-wide pressures and ongoing skepticism about the airline industry's recovery timeline. The report points to several potential positive catalysts for the airline. Future margin expansion could be driven by strategic initiatives such as fleet simplification and the faster-than-anticipated return of grounded aircraft. These factors are expected to allow JetBlue to resume capacity growth in 2026 with minimal capital expenditure, thereby improving unit costs. No specific market reaction to this analysis was available.