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JetAI (JTAI)
NASDAQ:JTAI
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JTAI Stock Chart & Stats
Day’s Range$0 - $0
52-Week Range$0.04 - $4.47
Previous Close$0.04
Volume352.99K
Average Volume (3M)40.86M
Market Cap
$5.92M
Enterprise Value$6.67M
Total Cash (Recent Filing)$528.12K
Total Debt (Recent Filing)$1.28M
Price to Earnings (P/E)―
Beta0.78
Next Earnings
Aug 15, 2024EPS Estimate
-$29.25Next Dividend Ex-DateN/A
Dividend YieldN/A
Share Statistics
EPS (TTM)-1.48
Shares Outstanding24,576,880
10 Day Avg. Volume37,681,818
30 Day Avg. Volume40,855,717
Standard Deviation0.19
R-Squared0.00702
Alpha-0.11
Financial Highlights & Ratios
Price to Book (P/B)-0.23
Price to Sales (P/S)0.07
Price to Cash Flow (P/CF)-0.10
P/FCF Ratio0.00
Enterprise Value/Market CapN/A
Enterprise Value/Revenue0.51
Enterprise Value/Gross Profit-37.38
Enterprise Value/Ebitda-0.51
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusModerate Buy
Number of Analyst Covering1
JetAI News
PremiumCompany Announcements
JetAI Announces Reverse Stock Split for Nasdaq Compliance
PremiumCompany Announcements
JetAI Strengthens Position with New Securities Agreement
PremiumCompany Announcements
JetAI Launches Share Sale to Advance AI Aviation Tech
PremiumCompany Announcements
JetAI Stockholders Elect Directors, Approve Key Financial ProposalsBulls Say, Bears Say
Bulls Say
Aircraft AcquisitionJet.AI has entered into an aircraft purchase agreement for three Cessna Citation CJ4 aircraft, representing approximately $36 million worth of aircraft at retail prices.
Industry DemandTailwinds include demand for private jet travel, higher-margin software solutions with AI functionality, and innovative offerings in a multi-billion-dollar industry.
Revenue GrowthRevenue growth was driven by additional service revenue from the King Air 350i aircraft, which was added to the company's managed fleet during the quarter, and increased chartering of the Citation CJ4 aircraft.
Bears Say
Capital RaisingAnalysts project the company will need to raise capital by the end of 2024, suggesting potential financial instability.
Financial HealthJTAI ended June with $0.5M in cash and no debt, which may indicate limited liquidity.
Stock Price TargetThe price target was lowered to $0.25 from $1.00 primarily due to dilution from recent offerings.
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Ownership Overview
13.08% Insiders
0.05% Mutual Funds
0.12% Other Institutional Investors
86.72% 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 $0.04 and its highest was $4.47 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 Aug 15, 2024 which is 89 days ago.
How were JetAI’s earnings last quarter?
JetAI released its earnings results on May 15, 2024. The company reported -$63 earnings per share for the quarter, missing the consensus estimate of -$27 by -$36.
Is JetAI overvalued?
According to Wall Street analysts JetAI’s price is currently Overvalued.
Does JetAI pay dividends?
JetAI does not currently pay dividends.
What is JetAI’s EPS estimate?
JetAI’s EPS estimate is -$29.25.
How many shares outstanding does JetAI have?
JetAI has 153,475,520 shares outstanding.
What happened to JetAI’s price movement after its last earnings report?
JetAI reported an EPS of -$63 in its last earnings report, missing expectations of -$27. Following the earnings report the stock price went down -8%.
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 52.
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JetAI Stock Smart Score
Unlock Smart Score
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Analyst Consensus
Moderate Buy
Average Price Target:
― (―)
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Crowd Wisdom
Very Positive
Last 7 Days ▼ 1.9%
Last 30 Days ▲ 35.1%
Last 30 Days ▲ 35.1%
Technicals
SMA
Negative
20 days / 200 days
Momentum
-96.44%
12-Months-Change
Fundamentals
Return on Equity
-809.85%
Trailing 12-Months
Asset Growth
-68.28%
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
―Technical Analysis
Best Analysts Covering JTAI
1 Year
1 Year Success Rate
0/6 ratings generated profit
1 Year Average Return
-82.98%
reiterated a buy rating 6 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 -82.98% per trade.
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