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Global Crossing Airlines (JETMF) Price & Analysis

JETMF Stock Chart & Stats

$0.61$0.00(0.67%)
At close: 4:00 PM EDT
$0.55$0.6$0.653 Aug17 Aug31 Aug14 Sep28 Sep12 Oct26 Oct
Day’s Range
$0.60 - $0.61
52-Week Range
$0.38 - $0.86
Previous Close
$0.60
Volume
15.40K
Average Volume (3M)
98.02K
Market Cap
$49.45M
Enterprise Value
$89.85M
Total Cash (Recent Filing)
$11.86M
Total Debt (Recent Filing)
$171.92M
Price to Earnings (P/E)
―
Beta
0.79
Next Earnings
Nov 04, 2026
EPS Estimate
0.02
Next Dividend Ex-Date
N/A
Dividend Yield
N/A

Bulls Say, Bears Say

Bulls Say

Improved Operating Profitability

Positive EBIT and EBITDA indicate that core operations have improved from earlier periods and are generating operating earnings before financing and tax effects. If maintained, this progress can support reinvestment, debt service, and stronger resilience through the airline cycle.

Positive Cash Generation

Sustained positive operating cash flow and free cash flow provide internally generated funding for fleet operations, maintenance, and obligations. This is a meaningful fundamental strength because cash generation can reduce reliance on external financing when profitability remains under pressure.

Contract-Based Revenue Model

ACMI and charter contracts diversify GlobalX away from purely discretionary retail ticket sales and can provide clearer utilization and revenue visibility. Minimums or fixed components may help stabilize cash flow, supporting planning and customer-linked fleet deployment over several months.

Bears Say

Negative Equity And High Debt

Negative equity and substantial debt leave the company with limited financial flexibility and make leverage more sensitive to any operating slowdown. Refinancing and covenant pressure could constrain fleet investment, capital allocation, and the ability to absorb weaker aviation demand.

Sharp Revenue Decline

A sharp TTM revenue contraction is a fundamental concern for an airline services business because lower utilization can spread fixed fleet and operating costs across fewer revenue-producing hours. Continued weakness could erode the recent improvement in operating profitability.

Bottom-Line Losses

Despite positive EBIT and EBITDA, the company has not yet converted operating improvement into sustained net profitability. Persistent bottom-line losses can weaken equity, limit internally funded growth, and increase dependence on cash flow and financing while debt remains elevated.

Global Crossing Airlines News

JETMF FAQ

What was Global Crossing Airlines’s price range in the past 12 months?
Global Crossing Airlines lowest stock price was $0.38 and its highest was $0.86 in the past 12 months.
What is Global Crossing Airlines’s market cap?
Global Crossing Airlines’s market cap is $49.45M.
When is Global Crossing Airlines’s upcoming earnings report date?
Global Crossing Airlines’s upcoming earnings report date is Nov 04, 2026 which is in 3 days.
How were Global Crossing Airlines’s earnings last quarter?
Global Crossing Airlines released its earnings results on Aug 12, 2026. The company reported -$0.011 earnings per share for the quarter, missing the consensus estimate of $0.006 by -$0.016.
Is Global Crossing Airlines overvalued?
Not enough analysts have published a price target to calculate whether the price is overvalued.
Does Global Crossing Airlines pay dividends?
Global Crossing Airlines does not currently pay dividends.
What is Global Crossing Airlines’s EPS estimate?
Global Crossing Airlines’s EPS estimate is 0.02.
How many shares outstanding does Global Crossing Airlines have?
Global Crossing Airlines has 53,341,675 shares outstanding.
What happened to Global Crossing Airlines’s price movement after its last earnings report?
Global Crossing Airlines reported an EPS of -$0.011 in its last earnings report, missing expectations of $0.006. Following the earnings report the stock price went down -5.323%.
Which hedge fund is a major shareholder of Global Crossing Airlines?
Currently, no hedge funds are holding shares in JETMF
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology