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Jet2 plcAIM:JET2 Stock Report

Market Cap UK£2.2b
Share Price
UK£11.37
UK£16.34
30.4% undervalued intrinsic discount
1Y-33.0%
7D0.9%
Portfolio Value
View

Jet2 plc

AIM:JET2 Stock Report

Market Cap: UK£2.2b

JET2 Community Fair Values

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See what 58 others think this stock is worth. Follow their fair value or set your own to get alerts.

Jet2 plc Competitors

Price History & Performance

Summary of share price highs, lows and changes for Jet2
Historical stock prices
Current Share PriceUK£11.37
52 Week HighUK£19.63
52 Week LowUK£9.80
Beta1.15
1 Month Change-5.72%
3 Month Change-9.33%
1 Year Change-33.00%
3 Year Change-7.94%
5 Year Change-20.85%
Change since IPO7,417.36%

Recent News & Updates

Narrative Update Apr 24

JET2: 2026 EBIT Guidance Will Support Confidence Despite Recent Discounting Assumptions

Narrative Update on Jet2 The analyst price target for Jet2 has been trimmed by around £0.27 per share, with analysts pointing to refreshed assumptions on discount rates, revenue growth, profitability and forward P/E following a series of recent target cuts from major banks. Analyst Commentary Recent Street research on Jet2 has focused on trimming price targets, with several banks adjusting their views while maintaining broadly neutral ratings.
Narrative Update Apr 09

JET2: 2026 EBIT Guidance Will Steady Confidence Despite Recent Rating Revisions

Analysts have trimmed their average price target for Jet2 by £0.14 to £16.61, citing a slightly higher discount rate and only modest changes to revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research has focused on reduced price targets for Jet2, with several firms adjusting fair value estimates while generally maintaining neutral ratings.
Analysis Article Mar 30

Is It Time To Consider Buying Jet2 plc (LON:JET2)?

Jet2 plc ( LON:JET2 ), is not the largest company out there, but it saw significant share price movement during recent...
Narrative Update Mar 26

JET2: 2026 Profit Guidance Will Underpin Confidence Despite Recent Rating-Linked Repricing

Analysts have reduced the fair value estimate for Jet2 from £17.32 to £16.61. This change reflects a series of lower Street price targets and updated assumptions around discount rate, revenue growth, profit margin and future P/E.

Recent updates

Narrative Update Apr 24

JET2: 2026 EBIT Guidance Will Support Confidence Despite Recent Discounting Assumptions

Narrative Update on Jet2 The analyst price target for Jet2 has been trimmed by around £0.27 per share, with analysts pointing to refreshed assumptions on discount rates, revenue growth, profitability and forward P/E following a series of recent target cuts from major banks. Analyst Commentary Recent Street research on Jet2 has focused on trimming price targets, with several banks adjusting their views while maintaining broadly neutral ratings.
Narrative Update Apr 09

JET2: 2026 EBIT Guidance Will Steady Confidence Despite Recent Rating Revisions

Analysts have trimmed their average price target for Jet2 by £0.14 to £16.61, citing a slightly higher discount rate and only modest changes to revenue growth, profit margin and future P/E assumptions. Analyst Commentary Recent research has focused on reduced price targets for Jet2, with several firms adjusting fair value estimates while generally maintaining neutral ratings.
Analysis Article Mar 30

Is It Time To Consider Buying Jet2 plc (LON:JET2)?

Jet2 plc ( LON:JET2 ), is not the largest company out there, but it saw significant share price movement during recent...
Narrative Update Mar 26

JET2: 2026 Profit Guidance Will Underpin Confidence Despite Recent Rating-Linked Repricing

Analysts have reduced the fair value estimate for Jet2 from £17.32 to £16.61. This change reflects a series of lower Street price targets and updated assumptions around discount rate, revenue growth, profit margin and future P/E.
Narrative Update Mar 12

JET2: 2026 Profit Guidance Will Support Confidence Despite Slightly Softer Outlook

The updated analyst price target for Jet2 edges lower to £13.25 to £14.00, reflecting slightly softer fair value assumptions and recent Street research in which analysts trimmed targets from £14.50 as they fine tune discount rates, revenue growth and profit margin expectations, while maintaining broadly neutral ratings. Analyst Commentary Recent Street research on Jet2 has centred on fine tuning price targets rather than making major changes to ratings, with JPMorgan and others adjusting their fair value ranges while keeping broadly neutral views on the shares.
Narrative Update Feb 25

JET2: Future Cash Flows Will Improve As 2026 Profit Guidance Supports Confidence

Analysts have reduced their fair value estimate for Jet2 from £18.08 to £17.76. This reflects updated assumptions around discount rates, revenue growth, profit margins and future P/E multiples.
Narrative Update Feb 11

JET2: Future Cash Flows Will Strengthen As Execution Risks Ease

Analysts now see a mixed picture for Jet2, with some trimming 12 month price expectations from about £20.59 to £18.57 and others nudging targets up from £14.20 to £14.50. This reflects differing views on the balance between valuation and near term execution risks.
Analysis Article Feb 05

Returns On Capital Are Showing Encouraging Signs At Jet2 (LON:JET2)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Narrative Update Jan 27

JET2: Future Cash Flows Will Strengthen As P/E Expectations Reset

Jet2's analyst price targets have shifted slightly lower overall, with one firm trimming its view to £18.57 from £20.59 and another nudging its target up to £14.50 from £14.20, as analysts factor in modest adjustments to growth, profitability assumptions, and future P/E expectations. Analyst Commentary Bullish Takeaways Bullish analysts see value support in the upper end of the revised range, with price targets such as £18.57 still implying room for execution on Jet2's current business plan.
Narrative Update Jan 12

JET2: Future Cash Flows Will Strengthen As Competitive Pressures Gradually Recede

Jet2's analyst price targets have been adjusted in a mixed way, with one cut to £18.57 from £20.59 and another raised to £14.50 from £14.20, as analysts weigh weaker near term trends and competition against their longer term views on the shares. Analyst Commentary Recent research paints a mixed picture for Jet2, with analysts updating targets and ratings as they balance competitive pressures against their broader views on the company.
Analysis Article Jan 06

Is Jet2 (LON:JET2) Using Too Much Debt?

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Narrative Update Dec 26

JET2: Future Cash Flows Will Strengthen As Competitive Pressures Gradually Ease

Jet2's analyst price target has been modestly reduced to approximately £18.98 from about £18.94, as analysts weigh a slightly higher long term fair value and a marginally lower discount rate against mixed broker target revisions and near term competitive pressures. Analyst Commentary Recent revisions to Jet2's price targets highlight a divided but generally constructive view on the company, with adjustments reflecting both solid long term positioning and softer near term trading conditions.
Narrative Update Dec 12

JET2: Future Margins Will Recover As Competition Eases And Guidance Holds

Analysts have reduced their blended price target for Jet2 by roughly 3 percent, to about £18.94 per share from £19.37, reflecting slightly softer expectations for revenue growth and profit margins despite broadly supportive rating stances. Analyst Commentary Recent Street research on Jet2 reflects a mixed but generally constructive stance, with several firms recalibrating price targets while maintaining supportive ratings.
Analysis Article Dec 06

Why Investors Shouldn't Be Surprised By Jet2 plc's (LON:JET2) Low P/E

With a price-to-earnings (or "P/E") ratio of 6x Jet2 plc ( LON:JET2 ) may be sending very bullish signals at the...
Narrative Update Nov 27

JET2: Future Profit Margins Will Recover as Competitive Intensity Subsides

Jet2’s analyst-derived price target has been revised downward by approximately £0.11 to £19.37. Analysts cite softer profit margin guidance and intensified industry competition as key drivers of the updated outlook.
Narrative Update Nov 13

JET2: Recent Competitive Pressures Will Ease Allowing Room For Stronger Performance

Jet2's analyst price targets have been revised downward recently, with reductions up to £350 per share. Analysts cite intensifying competition and subdued near-term trends as key drivers for the change.
Analysis Article Nov 04

Returns At Jet2 (LON:JET2) Appear To Be Weighed Down

What trends should we look for it we want to identify stocks that can multiply in value over the long term? Amongst...
Narrative Update Oct 29

Resilient Market Position Will Drive Recovery Despite Competitive Pressures

Analysts have modestly reduced their price targets for Jet2. The new valuations reflect slightly weaker near-term trends and heightened competition in the airline sector.
Narrative Update Oct 15

Expanding UK Bases And Digital Channels Will Redefine Leisure Travel

Analysts have modestly reduced their price target for Jet2, reflecting a weakened fair value now estimated at £19.48, down from £20.17. They cite increased competition and cautious near-term trends for the downgrade.
Analysis Article Oct 11

Does Jet2 (LON:JET2) Deserve A Spot On Your Watchlist?

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Sep 26

Jet2 (LON:JET2) Has A Pretty Healthy Balance Sheet

Warren Buffett famously said, 'Volatility is far from synonymous with risk.' When we think about how risky a company...
Narrative Update Sep 21

Expanding UK Bases And Digital Channels Will Redefine Leisure Travel

Analysts have modestly lowered their price target for Jet2 to £20.17, citing a more cautious near-term demand outlook, softer growth expectations, and higher cost pressures, though they maintain confidence in the company’s fundamental strength. Analyst Commentary Cautious outlook on near-term demand trends driving minor reductions in price targets.
Narrative Update Sep 06

Expanding UK Bases And Digital Channels Will Redefine Leisure Travel

Analysts have slightly lowered Jet2's price target to £20.89, balancing optimism over robust passenger bookings, margin improvements, and market share gains against concerns around macroeconomic headwinds and increased competition. Analyst Commentary Bullish analysts cited stronger-than-expected passenger bookings for the upcoming holiday season.
Analysis Article Aug 30

Why Jet2 plc (LON:JET2) Could Be Worth Watching

While Jet2 plc ( LON:JET2 ) might not have the largest market cap around , it received a lot of attention from a...
User avatar
New Narrative Jul 13

Expanding UK Bases And Digital Channels Will Redefine Leisure Travel

Expansion into new UK bases, digital innovation, and fleet renewal are strengthening Jet2's market position and operational efficiency in an evolving travel sector.
Analysis Article Jun 29

Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article May 17

Jet2 plc (LON:JET2) Shares Could Be 38% Below Their Intrinsic Value Estimate

Key Insights Jet2's estimated fair value is UK£28.02 based on 2 Stage Free Cash Flow to Equity Current share price of...
Analysis Article May 01

Jet2 plc (LON:JET2) Surges 28% Yet Its Low P/E Is No Reason For Excitement

Jet2 plc ( LON:JET2 ) shares have had a really impressive month, gaining 28% after a shaky period beforehand. Looking...
Analysis Article Apr 11

Is Now An Opportune Moment To Examine Jet2 plc (LON:JET2)?

Jet2 plc ( LON:JET2 ), is not the largest company out there, but it saw significant share price movement during recent...
Analysis Article Mar 05

Jet2 plc's (LON:JET2) Share Price Is Matching Sentiment Around Its Earnings

Jet2 plc's ( LON:JET2 ) price-to-earnings (or "P/E") ratio of 5.8x might make it look like a strong buy right now...
Analysis Article Feb 15

Jet2 (LON:JET2) Seems To Use Debt Rather Sparingly

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...
Analysis Article Jan 26

Should You Be Adding Jet2 (LON:JET2) To Your Watchlist Today?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Jan 08

Returns On Capital Are Showing Encouraging Signs At Jet2 (LON:JET2)

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Dec 10

An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

Key Insights Jet2's estimated fair value is UK£22.31 based on 2 Stage Free Cash Flow to Equity Jet2 is estimated to be...
Analysis Article Oct 30

Insufficient Growth At Jet2 plc (LON:JET2) Hampers Share Price

With a price-to-earnings (or "P/E") ratio of 7.7x Jet2 plc ( LON:JET2 ) may be sending very bullish signals at the...
Analysis Article Oct 15

Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

Investors are often guided by the idea of discovering 'the next big thing', even if that means buying 'story stocks...
Analysis Article Sep 30

Jet2 (LON:JET2) Is Experiencing Growth In Returns On Capital

What are the early trends we should look for to identify a stock that could multiply in value over the long term? One...
Analysis Article Aug 21

A Look At The Intrinsic Value Of Jet2 plc (LON:JET2)

Key Insights The projected fair value for Jet2 is UK£12.18 based on 2 Stage Free Cash Flow to Equity Jet2's UK£13.80...
Analysis Article Aug 07

Here's Why Jet2 (LON:JET2) Can Manage Its Debt Responsibly

David Iben put it well when he said, 'Volatility is not a risk we care about. What we care about is avoiding the...
Analysis Article Jul 12

With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

It's common for many investors, especially those who are inexperienced, to buy shares in companies with a good story...
Analysis Article Jun 10

The Returns At Jet2 (LON:JET2) Aren't Growing

If we want to find a stock that could multiply over the long term, what are the underlying trends we should look for...
Analysis Article Mar 21

If EPS Growth Is Important To You, Jet2 (LON:JET2) Presents An Opportunity

The excitement of investing in a company that can reverse its fortunes is a big draw for some speculators, so even...
Analysis Article Mar 02

Benign Growth For Jet2 plc (LON:JET2) Underpins Its Share Price

Jet2 plc's ( LON:JET2 ) price-to-earnings (or "P/E") ratio of 7.1x might make it look like a strong buy right now...
Analysis Article Feb 14

Slowing Rates Of Return At Jet2 (LON:JET2) Leave Little Room For Excitement

To find a multi-bagger stock, what are the underlying trends we should look for in a business? Firstly, we'll want to...
Analysis Article Jan 31

Jet2 (LON:JET2) Has A Rock Solid Balance Sheet

Legendary fund manager Li Lu (who Charlie Munger backed) once said, 'The biggest investment risk is not the volatility...
Analysis Article Jan 04

Is There An Opportunity With Jet2 plc's (LON:JET2) 40% Undervaluation?

Key Insights Jet2's estimated fair value is UK£20.33 based on 2 Stage Free Cash Flow to Equity Jet2 is estimated to be...
Analysis Article Dec 11

With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

For beginners, it can seem like a good idea (and an exciting prospect) to buy a company that tells a good story to...
Analysis Article Nov 26

Jet2 (LON:JET2) Is Due To Pay A Dividend Of £0.04

Jet2 plc's ( LON:JET2 ) investors are due to receive a payment of £0.04 per share on 2nd of February. Even though the...
Analysis Article Sep 14

Investors Will Want Jet2's (LON:JET2) Growth In ROCE To Persist

If we want to find a potential multi-bagger, often there are underlying trends that can provide clues. In a perfect...
Analysis Article Jul 28

We Think Jet2 (LON:JET2) Can Stay On Top Of Its Debt

Howard Marks put it nicely when he said that, rather than worrying about share price volatility, 'The possibility of...

Shareholder Returns

JET2GB AirlinesGB Market
7D0.9%5.7%-0.8%
1Y-33.0%9.6%19.7%

Return vs Industry: JET2 underperformed the UK Airlines industry which returned 12.5% over the past year.

Return vs Market: JET2 underperformed the UK Market which returned 21.7% over the past year.

Price Volatility

Is JET2's price volatile compared to industry and market?
JET2 volatility
JET2 Average Weekly Movement5.6%
Airlines Industry Average Movement6.8%
Market Average Movement5.6%
10% most volatile stocks in GB Market11.6%
10% least volatile stocks in GB Market3.1%

Stable Share Price: JET2 has not had significant price volatility in the past 3 months compared to the UK market.

Volatility Over Time: JET2's weekly volatility (6%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
197115,205Steve Heapywww.jet2plc.com

Jet2 plc, together with its subsidiaries, engages in the leisure travel business in the United Kingdom. The company operates scheduled holiday flights and packaged holidays to leisure destinations in the Mediterranean, the Canary Islands, and European Leisure Cities. It is also involved in the sale of non-ticket ancillary products; passenger and charter aircraft operations; and other value added products.

Jet2 plc Fundamentals Summary

How do Jet2's earnings and revenue compare to its market cap?
JET2 fundamental statistics
Market capUK£2.22b
Earnings (TTM)UK£454.10m
Revenue (TTM)UK£7.43b
4.8x
P/E Ratio
0.3x
P/S Ratio

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
JET2 income statement (TTM)
RevenueUK£7.43b
Cost of RevenueUK£6.25b
Gross ProfitUK£1.18b
Other ExpensesUK£724.90m
EarningsUK£454.10m

Last Reported Earnings

Sep 30, 2025

Next Earnings Date

Jul 08, 2026

Earnings per share (EPS)2.38
Gross Margin15.87%
Net Profit Margin6.11%
Debt/Equity Ratio26.1%

How did JET2 perform over the long term?

See historical performance and comparison

Dividends

1.5%
Current Dividend Yield
7%
Payout Ratio

Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/08 20:10
End of Day Share Price 2026/05/08 00:00
Earnings2025/09/30
Annual Earnings2025/03/31

Data Sources

The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.

PackageDataTimeframeExample US Source *
Company Financials10 years
  • Income statement
  • Cash flow statement
  • Balance sheet
Analyst Consensus Estimates+3 years
  • Forecast financials
  • Analyst price targets
Market Prices30 years
  • Stock prices
  • Dividends, Splits and Actions
Ownership10 years
  • Top shareholders
  • Insider trading
Management10 years
  • Leadership team
  • Board of directors
Key Developments10 years
  • Company announcements

* Example for US securities, for non-US equivalent regulatory forms and sources are used.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more.

Analysis Model and Snowflake

Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.

Learn about the world class team who designed and built the Simply Wall St analysis model.

Industry and Sector Metrics

Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on Github.

Analyst Sources

Jet2 plc is covered by 22 analysts. 12 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.

AnalystInstitution
Andrew LobbenbergBarclays
Damian BrewerCanaccord Genuity
Stephen FurlongDavy