Jet2 plc

AIM:JET2 Stock Report

Market Cap: UK£2.1b

Jet2 Future Growth

Future criteria checks 1/6

Jet2's earnings are forecast to decline at 13.4% per annum while its annual revenue is expected to grow at 7.1% per year. EPS is expected to decline by 10.1% per annum. Return on equity is forecast to be 15.1% in 3 years.

Key information

-13.4%

Earnings growth rate

-10.14%

EPS growth rate

Airlines earnings growth6.4%
Revenue growth rate7.1%
Future return on equity15.13%
Analyst coverage

Good

Last updated01 May 2026

Recent future growth updates

Recent updates

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.

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.

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

Mar 30
Is It Time To Consider Buying Jet2 plc (LON:JET2)?

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.

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.

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.

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.

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

Feb 05
Returns On Capital Are Showing Encouraging Signs At Jet2 (LON:JET2)

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.

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.

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

Jan 06
Is Jet2 (LON:JET2) Using Too Much Debt?

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.

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.

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

Dec 06
Why Investors Shouldn't Be Surprised By Jet2 plc's (LON:JET2) Low P/E

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.

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.

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

Nov 04
Returns At Jet2 (LON:JET2) Appear To Be Weighed Down

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.

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.

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

Oct 11
Does Jet2 (LON:JET2) Deserve A Spot On Your Watchlist?

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

Sep 26
Jet2 (LON:JET2) Has A Pretty Healthy Balance Sheet

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.

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.

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

Aug 30
Why Jet2 plc (LON:JET2) Could Be Worth Watching
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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.

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

Jun 29
Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

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

May 17
Jet2 plc (LON:JET2) Shares Could Be 38% Below Their Intrinsic Value Estimate

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

May 01
Jet2 plc (LON:JET2) Surges 28% Yet Its Low P/E Is No Reason For Excitement

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

Apr 11
Is Now An Opportune Moment To Examine Jet2 plc (LON:JET2)?

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

Mar 05
Jet2 plc's (LON:JET2) Share Price Is Matching Sentiment Around Its Earnings

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

Feb 15
Jet2 (LON:JET2) Seems To Use Debt Rather Sparingly

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

Jan 26
Should You Be Adding Jet2 (LON:JET2) To Your Watchlist Today?

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

Jan 08
Returns On Capital Are Showing Encouraging Signs At Jet2 (LON:JET2)

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

Dec 10
An Intrinsic Calculation For Jet2 plc (LON:JET2) Suggests It's 27% Undervalued

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

Oct 30
Insufficient Growth At Jet2 plc (LON:JET2) Hampers Share Price

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

Oct 15
Is Now The Time To Put Jet2 (LON:JET2) On Your Watchlist?

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

Sep 30
Jet2 (LON:JET2) Is Experiencing Growth In Returns On Capital

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

Aug 21
A Look At The Intrinsic Value Of Jet2 plc (LON:JET2)

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

Aug 07
Here's Why Jet2 (LON:JET2) Can Manage Its Debt Responsibly

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

Jul 12
With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

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

Jun 10
The Returns At Jet2 (LON:JET2) Aren't Growing

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

Mar 21
If EPS Growth Is Important To You, Jet2 (LON:JET2) Presents An Opportunity

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

Mar 02
Benign Growth For Jet2 plc (LON:JET2) Underpins Its Share Price

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

Feb 14
Slowing Rates Of Return At Jet2 (LON:JET2) Leave Little Room For Excitement

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

Jan 31
Jet2 (LON:JET2) Has A Rock Solid Balance Sheet

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

Jan 04
Is There An Opportunity With Jet2 plc's (LON:JET2) 40% Undervaluation?

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

Dec 11
With EPS Growth And More, Jet2 (LON:JET2) Makes An Interesting Case

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

Nov 26
Jet2 (LON:JET2) Is Due To Pay A Dividend Of £0.04

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

Sep 14
Investors Will Want Jet2's (LON:JET2) Growth In ROCE To Persist

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

Jul 28
We Think Jet2 (LON:JET2) Can Stay On Top Of Its Debt

Earnings and Revenue Growth Forecasts

AIM:JET2 - Analysts future estimates and past financials data (GBP Millions)
DateRevenueEarningsFree Cash FlowCash from OpAvg. No. Analysts
3/31/20299,667N/A71,1283
3/31/20288,916360-3495112
3/31/20278,15923643482612
3/31/20267,59640250689712
9/30/20257,430454375853N/A
6/30/20257,302450521956N/A
3/31/20257,1744476661,058N/A
12/31/20247,0534716981,118N/A
9/30/20246,9334967291,177N/A
6/30/20246,5944487091,135N/A
3/31/20246,2553996901,094N/A
12/31/20236,0644156741,031N/A
9/30/20235,873431658968N/A
6/30/20235,453361708960N/A
3/31/20235,034291758952N/A
12/31/20224,7022479681,121N/A
9/30/20224,3702041,1771,290N/A
6/30/20222,801-569101,020N/A
3/31/20221,232-315643751N/A
12/31/2021878-341274366N/A
9/30/2021525-366-95-20N/A
6/30/2021460-333-483-427N/A
3/31/2021395-299-871-835N/A
12/31/2020876-281-847-735N/A
9/30/20201,356-262-823-636N/A
6/30/20202,470-75-308-96N/A
3/31/20203,585112206443N/A
9/30/20193,246141310553N/A
6/30/20193,105139N/A518N/A
3/31/20192,964137N/A483N/A
12/31/20183,059171N/A530N/A
9/30/20182,975202N/A601N/A
6/30/20182,677155N/A508N/A
3/31/20182,380107N/A415N/A
12/31/20172,261113N/A388N/A
9/30/20172,141120N/A362N/A
6/30/20171,93598N/A346N/A
3/31/20171,72977N/A331N/A
12/31/20161,67691N/A301N/A
9/30/20161,622106N/A271N/A
6/30/20161,51497N/A257N/A
3/31/20161,40589N/A244N/A
12/31/20151,39091N/A233N/A
9/30/20151,37594N/A223N/A
6/30/20151,31463N/A169N/A

Analyst Future Growth Forecasts

Earnings vs Savings Rate: JET2's earnings are forecast to decline over the next 3 years (-13.4% per year).

Earnings vs Market: JET2's earnings are forecast to decline over the next 3 years (-13.4% per year).

High Growth Earnings: JET2's earnings are forecast to decline over the next 3 years.

Revenue vs Market: JET2's revenue (7.1% per year) is forecast to grow faster than the UK market (4.4% per year).

High Growth Revenue: JET2's revenue (7.1% per year) is forecast to grow slower than 20% per year.

Earnings per Share Growth Forecasts

Future Return on Equity

Future ROE: JET2's Return on Equity is forecast to be low in 3 years time (15.1%).

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Company Analysis and Financial Data Status

DataLast Updated (UTC time)
Company Analysis2026/05/05 23:36
End of Day Share Price 2026/05/05 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