Azul SA (AZULQ) AI Stock Analysis

• Market Cap: $195.65M
• Dividend Yield: N/A
• Average Volume (3M): 57.70K
• Price to Earnings (P/E): ―
• Beta (1Y): 0.59
• Revenue Growth: -1.94%
• EPS Growth: 68.93%
• Country: US
• Employees: 15,367
• Sector: Industrials
• Sector Strength: 72
• Industry: Airlines, Airports & Air Services
• EPS (TTM): 0.78
• Shares Outstanding: 298,679,930
• 10 Day Avg. Volume: 4,521
• 30 Day Avg. Volume: 57,704
• PEG Ratio: N/A
• Price to Book (P/B): 0.00
• Price to Sales (P/S): 0.00
• P/FCF Ratio: 0.00
• Enterprise Value/Market Cap: 31.19
• Enterprise Value/Revenue: N/A
• Enterprise Value/Gross Profit: N/A
• Enterprise Value/Ebitda: N/A
• 1Y Price Target: N/A
• Price Target Upside: N/A
• Rating Consensus: Hold
• Number of Analyst Covering: 0

• Rating: 41 Neutral
• Price Target: $0.50 ▼(-3.85% Downside)

Azul SA's overall stock score is primarily impacted by its financial performance, characterized by high leverage and ongoing losses. Technical indicators show weak momentum, and valuation metrics highlight significant challenges, with a negative P/E ratio and no dividend yield.

Positive Factors

Revenue Growth

The significant revenue growth indicates strong market demand and effective business strategies, enhancing Azul's competitive position in the airline industry.

Operational Efficiency

Improved cost management reflects operational efficiency, which can lead to better profitability and competitive advantage in the long term.

Financial Restructuring

The restructuring plan aims to optimize costs and strengthen financial stability, positioning Azul for sustainable growth and improved market competitiveness.

Negative Factors

High Leverage

High leverage poses financial risks, limiting flexibility and increasing vulnerability to economic downturns, potentially hindering long-term growth.

Persistent Net Losses

Ongoing net losses indicate challenges in achieving profitability, which could strain resources and affect future investment capabilities.

Negative Equity Position

A negative equity position suggests financial instability, raising concerns about Azul's ability to sustain operations and invest in growth opportunities.

Azul SA Business Overview & Revenue Model

Company Description

Azul SA (AZULQ) is a Brazilian airline based in Barueri, São Paulo, founded in 2008. It operates both domestic and international flights, serving a wide range of destinations across Brazil and in select international markets. The company is known for its low-cost carrier model and a strong focus on customer service, operating a modern fleet that includes Airbus and Embraer aircraft. In addition to passenger transport, Azul also offers cargo services and has established a robust loyalty program to enhance customer retention.

How the Company Makes Money

Azul SA generates revenue primarily through the sale of passenger tickets, which constitutes the bulk of its earnings. The company utilizes a low-cost carrier model to attract price-sensitive travelers, while also offering premium services on certain routes. Additionally, Azul earns revenue from cargo services, which involve the transportation of freight and goods. Ancillary revenue streams include fees for checked baggage, in-flight services, and seat selection. The airline's loyalty program, TudoAzul, further contributes to revenue through partnerships with hotels, car rental services, and credit card companies, allowing members to accumulate and redeem points. Key partnerships with other airlines for code-sharing and connecting flights also enhance its network and customer base, ultimately driving additional revenue.

Azul SA Financial Statement Overview

Summary

Income Statement

Balance Sheet

Cash Flow

Breakdown
Income Statement
Total Revenue
Gross Profit
EBITDA
Net Income
Balance Sheet
Total Assets
Cash, Cash Equivalents and Short-Term Investments
Total Debt
Total Liabilities
Stockholders Equity
Cash Flow
Free Cash Flow
Operating Cash Flow
Investing Cash Flow
Financing Cash Flow

Azul SA Technical Analysis

• Technical Analysis Sentiment: Negative
• Last Price: 0.52
• 50DMA: Negative
• 100DMA: Negative
• 200DMA: Negative
• MACD: Negative
• RSI: Neutral
• STOCH: Neutral

Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For AZULQ, the sentiment is Negative. The current price of 0.52 is above the 20-day moving average (MA) of 0.52, below the 50-day MA of 0.52, and below the 200-day MA of 1.04, indicating a neutral trend. The MACD of >-0.01 indicates Negative momentum. The RSI at 39.21 is Neutral, neither overbought nor oversold. The STOCH value of 73.91 is Neutral, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for AZULQ.

Azul SA Peers Comparison

Name	Overall Rating	Market Cap	P/E Ratio	ROE	Dividend Yield	Revenue Growth	EPS Growth
SNCY	71 Outperform	$628.07M	10.69	10.15%	―	3.76%	17.44%
Sector *	63 Neutral	$10.79B	15.43	7.44%	2.01%	2.89%	-14.66%
VLRS	63 Neutral	$825.10M	―	-12.00%	―	-7.05%	-128.03%
MESA	47 Neutral	$60.71M	-0.34	-378.73%	―	-14.62%	-86.07%
JBLU	45 Neutral	$1.68B	―	-15.12%	―	-1.90%	61.06%
ULCC	43 Neutral	$974.22M	―	-6.63%	―	4.60%	49.81%
AZULQ	41 Neutral	$195.65M	-0.15	―	―	-1.94%	68.93%

Azul SA Corporate Events

Azul S.A. Releases August Financials Amid Chapter 11 Proceedings

On September 30, 2025, Azul S.A. reported its unaudited monthly financial information for August 2025 to the US Bankruptcy Court as part of its Chapter 11 process. The report, which includes details such as cash position, revenue, and profit and loss, is part of Azul’s efforts to keep the market informed during its restructuring. The company emphasized that these figures are preliminary and should not be directly compared to its regular financial statements. Azul aims to maintain transparency with stakeholders throughout the restructuring process.

Azul S.A. Ends Merger Talks with Abra Group

On September 25, 2025, Azul S.A. announced the termination of discussions with Abra Group Limited, the controlling entity of Gol Linhas Aéreas Inteligentes S.A., regarding a potential business combination. This decision also includes ending a commercial cooperation agreement, or codeshare, initially disclosed in May 2024. Azul has committed to honoring all tickets issued under the terminated agreement and continues to focus on strengthening its capital structure. The termination of these discussions and agreements may impact Azul’s strategic positioning in the airline industry.

Azul S.A. Advances Chapter 11 Reorganization Plan

On September 17, 2025, Azul S.A. announced that it has filed a plan of reorganization with the United States Bankruptcy Court as part of its Chapter 11 proceedings. This filing is a significant step in the company’s financial and operational restructuring, aligning with agreements made with financial creditors and strategic partners. The company is committed to maintaining transparency with its stakeholders throughout the restructuring process.

Azul S.A. Achieves Record Revenue in Q2 2025 Amidst Strategic Restructuring

Azul S.A. reported its second-quarter results for 2025, showcasing a record operating revenue of R$4.9 billion, an 18.4% increase from the previous year. The company saw significant growth in international operations and a recovery in domestic capacity, leading to a robust load factor of 81.5%. Despite challenges such as currency depreciation and increased legal claims, Azul managed to improve its EBITDA by 8.6% year-over-year to R$1.1 billion. The airline also focused on restructuring its capital through agreements with key stakeholders, enhancing its financial stability and operational performance.

Azul S.A. Secures Court Approval for Major Restructuring Plan

Azul S.A. announced on August 13, 2025, that it has secured court approval for its Chapter 11 proceedings, including an agreement with its largest lessor, AerCap, and the rejection of multiple leases and contracts. This approval is a significant step in Azul’s restructuring plan, expected to save over US$1 billion and optimize its fleet without affecting its operations. The move is part of Azul’s strategy to strengthen its position and ensure future growth, while maintaining its commitment to its Crewmembers and customers.

Azul S.A. Sets September Deadline for Chapter 11 Claims

Azul S.A. announced that as part of its Chapter 11 proceedings initiated on May 28, 2025, the U.S. Bankruptcy Court has set a deadline of September 15, 2025, for eligible creditors to file proofs of claim. This restructuring process is intended to strengthen Azul’s financial position and ensure a sustainable future. Despite the ongoing proceedings, Azul continues its regular operations, maintaining flight services and bookings, and remains committed to fulfilling its obligations to stakeholders.

Azul S.A. Secures Backstop Agreement Amid Restructuring

On July 31, 2025, Azul S.A. entered into a Backstop Commitment Agreement with certain parties to support an equity capital raise of up to $650 million, pending approval from the Bankruptcy Court. This agreement is part of Azul’s restructuring process under Chapter 11, with the company committed to maintaining transparency and communication with stakeholders throughout this period.

Azul S.A. Secures $1.6 Billion Financing Amid Restructuring

On July 24, 2025, Azul S.A. announced it received final court approval for its US$1.6 billion debtor-in-possession financing, marking a significant milestone in its Chapter 11 restructuring process. This approval, free of objections, strengthens Azul’s financial position and ensures the continuation of its operations while advancing its transformation plan. The company also reported a beneficial agreement with AerCap, expected to generate approximately US$1 billion in contractual benefits, and the rejection of two engine leases, optimizing its fleet and reducing costs. These developments position Azul for long-term success in the competitive aviation industry.

Azul S.A. Reports June Financials Amid Chapter 11 Restructuring

On July 23, 2025, Azul S.A. presented its monthly operating reports to the United States Bankruptcy Court for the Southern District of New York as part of its ongoing Chapter 11 process. The report, covering the period from May 28 to June 30, 2025, includes financial data such as cash position, revenue, and profit and loss for its subsidiaries involved in the restructuring. Additionally, Azul disclosed preliminary and unaudited consolidated financial information for June 2025 to keep the market informed about its financial and operational status during the restructuring. The company reported a total operating revenue of R$1,640.1 million and an adjusted EBITDA of R$420.4 million for June 2025. Azul emphasizes that this information is preliminary and prepared solely for compliance with Chapter 11 requirements. The company remains committed to transparency and will continue updating stakeholders throughout the restructuring process.