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Earnings Release: Here's Why Analysts Cut Their Jet.AI Inc. (NASDAQ:JTAI) Price Target To US$20.00

By Yahoo! Finance   |   Nov 17, 2024 at 08:28 AM EST
Earnings Release: Here's Why Analysts Cut Their Jet.AI Inc. (NASDAQ:JTAI) Price Target To US$20.00

Jet.AI Inc. (NASDAQ:JTAI) experienced a 45% drop in shares to US$5.35 after its third-quarter results. Despite beating revenue forecasts by 16%, losses per share were higher than expected. Analysts predict a revenue increase of 6.

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