J.P. Morgan kept GBp 715.00 target for EasyJet stock

Published on 10/20/2026 at 21:15 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

GBP 3.95 billion revenue came in the March 31 quarter. EasyJet stock costs EUR 8.11 on October 20, 2026, down 0.12 percent versus Xetra close.

Analyst target and operating figures

On October 14, 2026, J.P. Morgan kept its GBp 715.00 target for EasyJet.
Revenue reached GBP 3.95 billion in the quarter ended March 31, 2026, versus GBP 3.53 billion a year earlier.
EasyJet stock costs EUR 8.11 at Lang & Schwarz on October 20, 2026 at 9:11 p.m. CEST, 0.12 percent below the Xetra close of EUR 8.12.

Extreme Nahaufnahme metallischer Turbinenschaufeln eines Flugzeugtriebwerks — Makroaufnahme von Turbinenschaufeln eines Flugzeugtriebwerks veranschaulicht die Technik von easyJet plc, ISIN GB00B7KR2P84, Low-Cost-Airline, Illustration mit AI erstellt.

EasyJet (ISIN GB00B7KR2P84) was given a GBp 715.00 price target by J.P. Morgan on October 14, 2026, while the bank kept its Hold rating, according to Markets Insider. The target was 4.62 percent above EasyJet's GBp 683.40 London price on October 16, 2026. EasyJet stock was trading at EUR 8.11 at Lang & Schwarz on October 20, 2026 at 9:11 p.m. CEST, down 0.12 percent versus the Xetra close of October 20, 2026 at EUR 8.12.

Revenue reached GBP 3.95 billion

EasyJet's latest reported quarter, which ended March 31, 2026, produced revenue of GBP 3.95 billion, compared with GBP 3.53 billion in the same quarter a year earlier. The company also reported a GAAP net loss of GBP 377 million, versus a GAAP net loss of GBP 297 million in the prior-year quarter, according to Markets Insider. The revenue comparison puts the airline's latest operating scale above the prior-year period, while the loss figure remains a key counterweight for valuation.

Stock sits near its yearly high

EasyJet's euro quotation stood within a 52-week range of EUR 3.89 to EUR 8.13 on October 20, 2026. At EUR 8.11, the stock was 0.25 percent below that high. The quoted market capitalization was EUR 6.1 billion, and the price-to-earnings ratio was 12.61.

What does the target imply?

The GBp 715.00 target sits 4.62 percent above the GBp 683.40 London price dated October 16, 2026. J.P. Morgan's Hold rating and the target therefore point to a measured stance rather than an outright bullish call. EasyJet operates as a short-haul, low-cost airline serving European routes, with London as its primary listing venue.

Airline peers show different moves

EasyJet's daily change was minus 0.12 percent against the Xetra close, with a price-to-earnings ratio of 12.61 and market capitalization of EUR 6.1 billion. Wizz Air Holdings (London, GBp) gained 1.96 percent and had a price-to-earnings ratio of minus 19.31 on October 20, 2026. Ryanair Holdings (Nasdaq, USD) gained 2.86 percent and had a price-to-earnings ratio of 13.13 on the same date.

Valuation remains tied to execution

The contrast between higher quarterly revenue and the wider GAAP loss leaves operating execution central to the investment case. The stock is also only 0.25 percent below its euro 52-week high, giving the analyst target and the next reported results added importance for how the market weighs growth against profitability.

EasyJet stock stays below its high

EasyJet stock was trading at EUR 8.11 at Lang & Schwarz on October 20, 2026 at 9:11 p.m. CEST, 0.12 percent below the Xetra close of October 20, 2026 at EUR 8.12. The further course of trading is shown by the continuously updated real-time quote of EasyJet stock.