FY2026 EPS Estimates for Joby Aviation Raised by Analyst

Joby Aviation, Inc. (NYSE:JOBY) – Cantor Fitzgerald lifted their FY2026 earnings estimates for Joby Aviation in a research report issued on Thursday, November 6th. Cantor Fitzgerald analyst A. Sheppard now anticipates that the company will post earnings of ($0.81) per share for the year, up from their previous forecast of ($0.86). The consensus estimate for Joby Aviation’s current full-year earnings is ($0.69) per share.

Joby Aviation (NYSE:JOBY) last issued its earnings results on Wednesday, November 5th. The company reported ($0.48) EPS for the quarter, missing analysts’ consensus estimates of ($0.19) by ($0.29). The firm had revenue of $22.57 million for the quarter, compared to analyst estimates of $0.02 million. The company’s revenue for the quarter was up 7962.1% on a year-over-year basis. During the same quarter in the previous year, the company posted ($0.21) earnings per share.

Several other brokerages also recently weighed in on JOBY. Morgan Stanley upped their target price on Joby Aviation from $7.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 9th. Needham & Company LLC reaffirmed a “buy” rating and issued a $22.00 price objective on shares of Joby Aviation in a research report on Thursday. Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a report on Wednesday, October 8th. Finally, Wall Street Zen lowered shares of Joby Aviation from a “hold” rating to a “sell” rating in a report on Saturday, August 2nd. One analyst has rated the stock with a Buy rating, five have given a Hold rating and two have given a Sell rating to the stock. According to data from MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $14.00.

Joby Aviation Trading Up 4.2%

Shares of NYSE JOBY opened at $14.92 on Monday. The stock has a fifty day moving average price of $15.72 and a 200 day moving average price of $12.90. Joby Aviation has a 12-month low of $4.96 and a 12-month high of $20.95. The company has a market cap of $12.77 billion, a P/E ratio of -11.13 and a beta of 2.52.

Institutional Trading of Joby Aviation

Several hedge funds and other institutional investors have recently bought and sold shares of JOBY. Teacher Retirement System of Texas bought a new position in Joby Aviation during the 1st quarter worth approximately $168,000. Bank of New York Mellon Corp increased its holdings in shares of Joby Aviation by 5.4% in the 1st quarter. Bank of New York Mellon Corp now owns 1,348,491 shares of the company’s stock valued at $8,118,000 after acquiring an additional 69,464 shares during the last quarter. Brown Advisory Inc. raised its position in shares of Joby Aviation by 23.6% during the 1st quarter. Brown Advisory Inc. now owns 13,905 shares of the company’s stock valued at $84,000 after acquiring an additional 2,655 shares in the last quarter. Nisa Investment Advisors LLC lifted its stake in Joby Aviation by 685.0% during the first quarter. Nisa Investment Advisors LLC now owns 75,315 shares of the company’s stock worth $453,000 after purchasing an additional 65,721 shares during the last quarter. Finally, Xponance Inc. boosted its holdings in Joby Aviation by 6.5% in the first quarter. Xponance Inc. now owns 32,635 shares of the company’s stock worth $196,000 after purchasing an additional 1,993 shares during the period. 52.85% of the stock is owned by institutional investors.

Insiders Place Their Bets

In other news, insider Gregory Bowles sold 4,776 shares of the business’s stock in a transaction dated Friday, October 3rd. The shares were sold at an average price of $18.09, for a total value of $86,397.84. Following the completion of the sale, the insider owned 156,464 shares of the company’s stock, valued at approximately $2,830,433.76. The trade was a 2.96% decrease in their position. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Eric Allison sold 27,537 shares of the company’s stock in a transaction dated Monday, October 13th. The shares were sold at an average price of $16.84, for a total transaction of $463,723.08. Following the completion of the sale, the insider owned 692,428 shares in the company, valued at approximately $11,660,487.52. This trade represents a 3.82% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. In the last quarter, insiders have sold 1,657,424 shares of company stock valued at $25,068,869. 28.50% of the stock is owned by insiders.

About Joby Aviation

Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.