Jet.AI Inc. (JTAI) AI Stock Analysis

NASDAQ: JTAIAI research summary: business, growth, valuation, analysts, bull and bear case.

JTAI AI stock analysis summary

AI Research

Jet.AI Inc. develops private aviation software platforms and provides aircraft charter and brokerage services. Over the trailing twelve months, the company generated $10.5M in revenue with quarterly revenue expanding 139.0% year-over-year as of June 30, 2026. However, its operating margin remained negative at -50.4% and the stock declined 97.8% over the past year.

Market cap
$4.2M
Revenue (TTM)
$10.5M
P/E
0.0x
1Y return
-97.8%
S&P 500 16.8%
Avg. target
$6.00
408.5% vs last close

Bull case

  • Quarterly revenue expanded by 139.0% year-over-year in the latest quarter ending June 30, 2026.
  • The company maintained strong balance sheet liquidity with a current ratio of 5.17 and $10.6M in cash and short-term investments as of June 30, 2026.
  • The covering analyst maintains a Buy rating with a $6.00 price target, representing a 408.5% premium to the last closing price.

Bear case

  • The stock fell 97.8% over the trailing 1-year period and shows a 5-year return of -100.0%.
  • Cash burn remained elevated with free cash flow of -$8.2M in FY2025.
  • Shareholders experienced substantial dilution as the share count expanded by 441966.7% over 5 years.

What Jet.AI does

Jet.AI Inc. is primarily involved in the development and operation of private aviation platforms catering to private jet travelers. Its flagship platform, CharterGPT, serves as a booking system to arrange private jet travel using both its own fleet and aircraft from third-party carriers. The company also provides aviation software, including the Flight Club API, which allows FAA Part 135 operators to sell private jet services on a per-seat basis under FAA Part 380 regulations. In addition, Jet.AI offers Reroute software to optimize aircraft utilization by booking return-to-base flights, as well as aircraft charter, management, and brokerage services.

Growth and profitability

Jet.AI's annual revenue rose from $1.1M in FY2021 to $21.9M in FY2022 before declining 44.1% to $12.2M in FY2023. Revenue stood at $14.0M in FY2024 and fell 34.6% to $9.2M in FY2025. Gross margin was negative in four of the past five years, landing at -3.3% in FY2025 alongside an operating margin of -109.7%. Net income reached $4.6M in FY2025, supported by a 50.0% net margin, compared to a net income of -$12.7M in FY2024. For the trailing twelve months ended June 30, 2026, revenue totaled $10.5M, operating margin was -50.4%, and quarterly revenue growth was 139.0%.

JTAI income statement →

Balance sheet and cash flow

As of June 30, 2026, Jet.AI reported $10.6M in cash and short-term investments, total assets of $42.1M, and shareholders' equity of $40.0M. The company maintained a current ratio of 5.17. In FY2025, operating cash flow and free cash flow were both -$8.2M, matching the -$8.2M recorded in FY2024. Capital expenditures totaled $4 in FY2025, while the company's share count increased 441966.7% over a 5-year period.

JTAI balance sheet →

Valuation and performance

With a market capitalization of $4.2M and an enterprise value of -$10.8M, Jet.AI trades at a price-to-sales multiple of 0.4x and a price-to-book multiple of 0.1x. Its price-to-sales ratio is below the 2.8x median of its US-listed Technology peers. The stock closed at $1.18 on October 16, 2026, having fallen 89.4% year-to-date and 97.8% over the past year, compared to a 16.8% 1-year return for the S&P 500 (SPY).

JTAI key metrics →

What analysts expect

Wall Street coverage includes 1 Buy rating and zero Hold or Sell ratings. The mean price target is $6.00, compared to the last closing price of $1.18. For the fiscal year ending December 31, 2026, the consensus estimates an EPS of -$8.52 on revenue of $9.2M. For the following fiscal year, the single analyst estimates revenue of $5.2M, reflecting a decline of 44.0%, and an EPS of -$0.50. The next earnings date is November 13, 2026.

JTAI forecast and price target →

Key risks and what to watch

  • Operating margin remained negative at -50.4% over the trailing twelve months and -109.7% in FY2025.
  • Analyst projections forecast revenue to fall 44.0% to $5.2M in the next fiscal year.
  • The company has beaten earnings estimates in only 1 of the last 4 quarters.

AI-generated research summary. Written with AI from Quotelinks data as of October 16, 2026 and checked so every figure matches that data. For information only, not investment advice. Disclaimer

About this JTAI AI stock analysis

This page is an AI-written research summary of Jet.AI Inc. (JTAI). The text was generated on October 30, 2026 from Quotelinks data as of October 16, 2026 (company profile, annual results, latest balance sheet, valuation, price performance and analyst estimates). An automatic check rejects any draft that contains a figure not found in that data. It is not investment advice; verify figures on the linked tabs before making decisions.

Related: JTAI income statement, JTAI balance sheet, JTAI key metrics, JTAI analyst forecast, JTAI chart. See the JTAI stock overview for the latest quote and news.

JTAI AI stock analysis FAQ

What products and services does Jet.AI provide?

Jet.AI operates the CharterGPT booking platform, provides the Flight Club API for per-seat charter sales, and licenses Reroute software to optimize return flights, alongside offering charter and brokerage services.

What is Jet.AI's valuation multiple?

Jet.AI trades at a price-to-sales multiple of 0.4x and a price-to-book multiple of 0.1x, based on a market capitalization of $4.2M.

How much cash does Jet.AI have?

As of June 30, 2026, the company held $10.6M in cash and short-term investments, with total assets of $42.1M and a current ratio of 5.17.

When is Jet.AI's next earnings report?

Jet.AI's next earnings release date is scheduled for November 13, 2026.

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