AZUL
AzulAZUL
AZUL
About: Azul SA is involved in the operation of regular and non-regular airline passenger services, cargo or mail, passenger charter, provision of maintenance and hangarage services for aircraft, engines, parts and pieces, aircraft acquisition and lease, development of frequent-flyer programs, development of related activities and equity holding in other companies. The Company considers that it has a single reportable segment which is air transport.
Employees: 16,017
0
Funds holding %
of 6,823 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q3 regulatory filings by fund managers ($100M+ AUM)
24% more first-time investments, than exits
New positions opened: 21 | Existing positions closed: 17
11% more repeat investments, than reductions
Existing positions increased: 20 | Existing positions reduced: 18
5% more funds holding
Funds holding: 64 [Q2] → 67 (+3) [Q3]
3.63% less ownership
Funds ownership: 8.01% [Q2] → 4.38% (-3.63%) [Q3]
53% less capital invested
Capital invested by funds: $109M [Q2] → $51M (-$58.2M) [Q3]
63% less call options, than puts
Call options by funds: $7.55M | Put options by funds: $20.6M
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$2.70
23%
upside
Avg. target
$3.85
76%
upside
High target
$5
128%
upside
2 analyst ratings
1 positive
50%
1 neutral
50%
0 negative
0%
Goldman Sachs Bruno Amorim 56% 1-year accuracy 5 / 9 met price target | 23%upside $2.70 | Neutral Maintained | 16 Jan 2025 |
Seaport Global Daniel Mckenzie 100% 1-year accuracy 4 / 4 met price target | 128%upside $5 | Buy Upgraded | 16 Jan 2025 |
Financial journalist opinion
Based on 10 articles about AZUL published over the past 30 days
Positive
Invezz
5 days ago
Azul and Gol stocks surge on potential merger talks: what investors should know
Azul and Gol shares rose sharply on Thursday, following the announcement of a proposed merger between the two Brazilian airlines. Azul's stock price rose by more than 4%, while Gol's shares jumped by about 8%.
Neutral
PRNewsWire
5 days ago
Azul Announces Extension of the Previously Announced Exchange Offer in respect of Existing 2028 First Out Notes for New Notes and Solicitation of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 16, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4) (NYSE: AZUL) ("Azul") today announced that its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") has extended the expiration deadline of its previously announced offer to exchange (the "Exchange Offer") any and all of the outstanding 11.930% Senior Secured First Out Notes due 2028 issued by the Issuer (CUSIP: 05501W AC6 / U0551Y AC9, ISIN: US05501WAC64/USU0551YAC94) (the "Existing Notes") for newly issued 11.930% Senior Secured First Out Notes due 2028 to be issued by the Issuer (the "New Notes"), pursuant to the terms and subject to the conditions set forth in the confidential exchange offering memorandum and consent solicitation statement, dated December 17, 2024 in respect of the Exchange Offer and Solicitation (the "Offering Memorandum").
Neutral
PRNewsWire
5 days ago
Azul Announces Extension of the Previously Announced Exchange Offers in respect of Existing 2029 Second Out Notes and Existing 2030 Second Out Notes for New Notes and Solicitations of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 16, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4, NYSE: AZUL) ("Azul") today announced that its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") has extended the expiration deadline of its previously announced offers to exchange (the "Exchange Offers") (i) any and all of the outstanding 11.500% Senior Secured Second Out Notes due 2029 issued by the Issuer (CUSIP: 05501WAA0 / U0551YAA3, ISIN: US05501WAA09 / USU0551YAA39) (the "Existing 2029 Notes") for newly issued 11.500% Senior Secured Second Out Notes due 2029 to be issued by the Issuer (the "New 2029 Notes") and (ii) any and all of the outstanding 10.875% Senior Secured Second Out Notes due 2030 issued by the Issuer (CUSIP: 05501WAB8 / U0551YAB1, ISIN: US05501WAB81 / USU0551YAB12) (the "Existing 2030 Notes" and, together with the Existing 2029 Notes, the "Existing Notes") for newly issued 10.875% Senior Secured Second Out Notes due 2030 to be issued by the Issuer (the "New 2030 Notes" and, together with the New 2029 Notes, the "New Notes"), pursuant to the terms and subject to the conditions set forth in the confidential exchange offering memorandum and consent solicitation statement, dated December 17, 2024 in respect of the Exchange Offers and Solicitations (the "Offering Memorandum").
Neutral
PRNewsWire
6 days ago
Azul and Abra sign non-binding MoU with intent to combine their businesses in Brazil
Customers of Azul and Gol, will have access to more destinations, routes, products and services. The companies have almost 90% complementary routes, will maintain their independent operating certificates and brands SÃO PAULO, Jan. 15, 2025 /PRNewswire/ -- Azul and Abra, the majority investor of Gol and Avianca, have announced today they have signed a non-binding Memorandum of Understanding (MoU) with the intent to combine their businesses in Brazil.
Positive
Reuters
6 days ago
Azul, Gol inch closer to potential tie-up to form major Brazil airline
Azul and Gol , two of Brazil's largest airlines, are moving a step closer to a sweeping merger that would create a dominant carrier in Latin America's No. 1 economy, a securities filing showed on Wednesday.
Neutral
Business Wire
1 week ago
Azul Delivers Comprehensive Java Solutions to Support Financial Institutions in Meeting DORA Compliance Requirements
SUNNYVALE, Calif.--(BUSINESS WIRE)--Azul, the only company 100% focused on Java, today announced that the integrated risk management practices for its OpenJDK solutions fully support the stability, resilience and integrity requirements in meeting the European Union's Digital Operational Resilience Act (DORA) provisions. With the upcoming DORA enforcement deadline of January 17, 2025, quickly approaching, thousands of EU financial organizations and companies around the world with business in the.
Neutral
PRNewsWire
1 week ago
Azul Announces Early Participation Results for the Previously Announced Exchange Offers in respect of Existing 2029 Second Out Notes and Existing 2030 Second Out Notes for New Notes and Solicitations of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 8, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4, NYSE: AZUL) ("Azul") today announced the early participation results for the previously announced separate offers by its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") to Eligible Holders to exchange (such offers, the "Exchange Offers") (i) any and all of the outstanding 11.500% Senior Secured Second Out Notes due 2029 issued by the Issuer (the "Existing 2029 Notes") for newly issued 11.500% Senior Secured Second Out Notes due 2029 to be issued by the Issuer (the "New 2029 Notes") and (ii) any and all of the outstanding 10.875% Senior Secured Second Out Notes due 2030 issued by the Issuer (the "Existing 2030 Notes" and, together with the Existing 2029 Notes, the "Existing Notes") for newly issued 10.875% Senior Secured Second Out Notes due 2030 to be issued by the Issuer (the "New 2030 Notes" and, together with the New 2029 Notes, the "New Notes"), pursuant to the terms and subject to the conditions set forth in the confidential exchange offering memorandum and consent solicitation statement, dated December 17, 2024 in respect of the Exchange Offers and Solicitations (the "Offering Memorandum").
Neutral
PRNewsWire
1 week ago
Azul Announces Early Participation Results for the Previously Announced Exchange Offer in respect of Existing 2028 First Out Notes for New Notes and Solicitation of Consents to Proposed Amendments to the Existing Indenture
SÃO PAULO, Jan. 8, 2025 /PRNewswire/ -- Azul S.A., "Azul," (B3: AZUL4, NYSE: AZUL) ("Azul") today announced the early participation results for the previously announced offer by its wholly-owned subsidiary Azul Secured Finance LLP (the "Issuer") to Eligible Holders to exchange (such offer, the "Exchange Offer") any and all of the outstanding 11.930% Senior Secured First Out Notes due 2028 issued by the Issuer (the "Existing Notes") for newly issued 11.930% Senior Secured First Out Notes due 2028 to be issued by the Issuer (the "New Notes"), pursuant to the terms and subject to the conditions set forth in the confidential exchange offering memorandum and consent solicitation statement, dated December 17, 2024 in respect of the Exchange Offer and Solicitation (the "Offering Memorandum").
Neutral
Business Wire
2 weeks ago
euroAtlantic Airways Partners With Azul Linhas Aéreas Brasileiras to Offer Routes Between São Paulo and Lisbon
LISBON, Portugal--(BUSINESS WIRE)--euroAtlantic Airways (EAA), part of the Njord Partners portfolio and a leading Portuguese company in aircraft wet-leasing and charter services, is pleased to announce a new agreement with Azul Linhas Aéreas Brasileiras in response to the significant increase in demand for flights between Brazil and Portugal. This strategic partnership will provide additional direct flights connecting São Paulo (Viracopos Airport) to Lisbon (Humberto Delgado Airport), with oper.
Positive
Zacks Investment Research
3 weeks ago
Here's Why You Should Retain AZUL Stock in Your Portfolio Now
Upbeat air travel demand bodes well for AZUL's top line. However, rising expenses are likely to weigh on the bottom line.
Charts implemented using Lightweight Charts™