Analysts Set Expectations for Joby Aviation Q3 Earnings

Joby Aviation, Inc. (NYSE:JOBY) – Analysts at HC Wainwright reduced their Q3 2026 EPS estimates for shares of Joby Aviation in a research note issued to investors on Thursday, August 6th. HC Wainwright analyst A. Dayal now expects that the company will earn ($0.25) per share for the quarter, down from their previous forecast of ($0.22). HC Wainwright has a “Buy” rating on the stock. The consensus estimate for Joby Aviation’s current full-year earnings is ($0.92) per share. HC Wainwright also issued estimates for Joby Aviation’s Q4 2026 earnings at ($0.27) EPS, FY2026 earnings at ($0.99) EPS and FY2027 earnings at ($0.75) EPS.

Joby Aviation (NYSE:JOBY) last posted its earnings results on Wednesday, August 5th. The company reported ($0.25) earnings per share for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.02). The company had revenue of $38.64 million for the quarter, compared to the consensus estimate of $30.20 million. Joby Aviation had a negative return on equity of 58.65% and a negative net margin of 755.11%.The business’s quarterly revenue was up 257493.3% compared to the same quarter last year. During the same period in the previous year, the firm posted ($0.41) EPS.

Other equities analysts have also recently issued research reports about the company. Weiss Ratings raised Joby Aviation from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 14th. Barclays raised Joby Aviation to a “hold” rating in a research note on Wednesday, July 29th. Canaccord Genuity Group reduced their price target on Joby Aviation from $15.50 to $11.50 and set a “hold” rating on the stock in a report on Thursday, May 7th. Wall Street Zen downgraded Joby Aviation from a “sell” rating to a “strong sell” rating in a research note on Saturday. Finally, Susquehanna set a $18.00 price objective on shares of Joby Aviation in a report on Thursday. Two investment analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company currently has an average rating of “Reduce” and an average price target of $13.81.

Joby Aviation Stock Up 2.2%

Shares of JOBY opened at $8.83 on Monday. The company has a debt-to-equity ratio of 0.36, a quick ratio of 22.05 and a current ratio of 22.06. Joby Aviation has a 52 week low of $6.63 and a 52 week high of $19.98. The stock has a market capitalization of $8.69 billion, a price-to-earnings ratio of -8.92 and a beta of 2.73. The stock has a fifty day moving average of $8.57 and a 200-day moving average of $9.51.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in JOBY. Fifth Third Bancorp increased its holdings in shares of Joby Aviation by 207.4% during the fourth quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after acquiring an additional 1,348 shares in the last quarter. EverSource Wealth Advisors LLC grew its position in Joby Aviation by 284.8% in the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock valued at $27,000 after purchasing an additional 1,880 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Joby Aviation in the 4th quarter valued at $28,000. Pandora Wealth Inc. bought a new stake in Joby Aviation during the 4th quarter valued at $32,000. Finally, DV Equities LLC bought a new stake in Joby Aviation during the 4th quarter valued at $33,000. Institutional investors own 52.85% of the company’s stock.

Insider Transactions at Joby Aviation

In other news, insider Kate Dehoff sold 14,240 shares of the stock in a transaction dated Tuesday, July 14th. The shares were sold at an average price of $7.73, for a total transaction of $110,075.20. Following the transaction, the insider owned 180,179 shares of the company’s stock, valued at $1,392,783.67. This represents a 7.32% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Eric Allison sold 27,932 shares of the firm’s stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $7.53, for a total value of $210,327.96. Following the completion of the sale, the insider owned 710,396 shares of the company’s stock, valued at approximately $5,349,281.88. This represents a 3.78% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last quarter, insiders sold 1,050,736 shares of company stock valued at $11,423,677. 20.35% of the stock is owned by insiders.

About Joby Aviation

Joby Aviation Inc is an aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company’s core mission is to provide zero-emission aerial ridesharing services, combining the speed of helicopters with the cost efficiency and environmental benefits of electric propulsion. Joby’s eVTOL design emphasizes low noise profiles and high reliability, positioning the company to address congestion challenges in major metropolitan areas.

The company’s flagship aircraft is designed to carry a pilot and up to four passengers, offering point-to-point travel at speeds competitive with ground transportation.