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JetAI (JTAI)
NASDAQ:JTAI
JetAI (JTAI) Stock Price & Analysis
91 Followers
JTAI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.42 - $17.50
Previous Close$0.5
Volume97.89K
Average Volume (3M)1.88M
Market Cap
$6.06M
Enterprise Value$5.73M
Total Cash (Recent Filing)$2.10M
Total Debt (Recent Filing)$1.53M
Price to Earnings (P/E)―
Beta0.47
Next Earnings
May 15, 2024EPS Estimate
-$0.12Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.17
Shares Outstanding12,721,468
10 Day Avg. Volume258,153
30 Day Avg. Volume1,879,792
Standard Deviation0.17
R-Squared0.03
Alpha-0.07
Financial Highlights & Ratios
Price to Book (P/B)-1.55
Price to Sales (P/S)0.52
Price to Cash Flow (P/CF)-0.70
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue1.70
Enterprise Value/Gross Profit-32.09
Enterprise Value/Ebitda-1.24
Forecast
1Y Price Target
$3.00Price Target Upside529.59% Upside
Rating ConsensusModerate Buy
Number of Analyst Covering1
JetAI News
Bulls Say, Bears Say
Bulls Say
Financial PerformanceAnalyst projects significant revenue growth for JTAI in the coming years with an expanded gross margin, driven by additional jet sales and new software offerings.
Innovative OfferingsThe company recently launched higher margin software solutions and enhanced its charter booking app with AI functionality.
ValuationCompelling valuation with a Buy rating and $4 price target, based on DCF analysis, expected accelerating revenue growth, and potential for valuation expansion.
Bears Say
Gross MarginsNegative gross margins of (3.2%) in 1Q24 were largely driven by increased subcharter costs.
RevenueDespite the innovative business model, Jet.AI Inc. faces a decrease in year-over-year revenue due to no fractional jet sales during the year, reflecting current challenges in the market.
RevenueFull year 2023 revenue was down 44% y/y due to no Fractional/Whole Aircraft sales during the year.
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Ownership Overview
29.14% Insiders
0.59% Mutual Funds
0.61% Other Institutional Investors
69.65% Public Companies and
Individual Investors
Risk Analysis
Main Risk Category
Finance & CorporateFinancial and accounting risks. Risks related to the execution of corporate activity and strategy
JTAI FAQ
What was JetAI’s price range in the past 12 months?
JetAI lowest stock price was $0.42 and its highest was $17.50 in the past 12 months.
What is JetAI’s market cap?
Currently, no data Available
When is JetAI’s upcoming earnings report date?
JetAI’s upcoming earnings report date is May 15, 2024 which is 30 days ago.
How were JetAI’s earnings last quarter?
JetAI released its earnings results on Nov 21, 2023. The company reported -$0.23 earnings per share for the quarter, missing the consensus estimate of N/A by -$0.23.
Is JetAI overvalued?
According to Wall Street analysts JetAI’s price is currently Undervalued.
Does JetAI pay dividends?
JetAI does not currently pay dividends.
What is JetAI’s EPS estimate?
JetAI’s EPS estimate is -$0.12.
How many shares outstanding does JetAI have?
JetAI has 12,721,468 shares outstanding.
What happened to JetAI’s price movement after its last earnings report?
JetAI reported an EPS of -$0.23 in its last earnings report, missing expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of JetAI?
Among the largest hedge funds holding JetAI’s share is Carolina Wealth Advisors, LLC. It holds JetAI’s shares valued at 143.
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JetAI Stock Smart Score
Not Ranked
1
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10
Analyst Consensus
Moderate Buy
Average Price Target:
$3.00 (529.59% Upside)
$3.00 (529.59% Upside)
Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.4%
Last 30 Days ▲ 11.6%
Last 30 Days ▲ 11.6%
News Sentiment
Neutral
Bullish news 50%
Bearish news 50%
Bearish news 50%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-95.48%
12-Months-Change
Fundamentals
Return on Equity
-453.99%
Trailing 12-Months
Asset Growth
-57.35%
Trailing 12-Months
Company Description
JetAI
Oxbridge Acquisition Corp is a blank check company.
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JTAI Stock 12 Month Forecast
Average Price Target
$3.00
▲(529.59% Upside)
Technical Analysis
Best Analysts Covering JTAI
1 Year
1 Year Success Rate
0/3 ratings generated profit
1 Year Average Return
-36.17%
reiterated a buy rating 9 days ago
Copying Allen Klee's trades and holding each position for 1 Year would result in 0.00% of your transactions generating a profit, with an average return of -36.17% per trade.
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