Joby Aviation (JOBY) to Release Earnings on Wednesday

Key Points

• Joby Aviation is set to release its Q2 2025 earnings on August 6th, with analysts predicting a loss of ($0.19) per share and a revenue of $0.05 million.
• In its most recent earnings report, Joby posted ($0.11) EPS, better than expected, but continues to face significant financial challenges with a negative return on equity of 63.27%.
• Analysts have mixed ratings on Joby Aviation, with an average recommendation of "Hold" and a consensus price target of $9.33.

Joby Aviation (NYSE:JOBY - Get Free Report) is expected to be announcing its Q2 2025 earnings results after the market closes on Wednesday, August 6th. Analysts expect the company to announce earnings of ($0.19) per share and revenue of $0.05 million for the quarter.

Joby Aviation (NYSE:JOBY - Get Free Report) last issued its quarterly earnings results on Tuesday, May 6th. The company reported ($0.11) EPS for the quarter, topping analysts' consensus estimates of ($0.18) by $0.07. Joby Aviation had a negative return on equity of 63.27% and a negative net margin of 447,083.78%. During the same quarter last year, the company earned ($0.14) EPS. On average, analysts expect Joby Aviation to post $-1 EPS for the current fiscal year and $-1 EPS for the next fiscal year.

Joby Aviation Stock Down 0.3%

Joby Aviation stock traded down $0.05 during mid-day trading on Wednesday, reaching $16.84. 26,769,907 shares of the company's stock were exchanged, compared to its average volume of 37,871,720. The business's fifty day simple moving average is $11.02 and its 200 day simple moving average is $8.31. The firm has a market capitalization of $13.33 billion, a PE ratio of -20.05 and a beta of 2.47. Joby Aviation has a one year low of $4.66 and a one year high of $18.55.

Insiders Place Their Bets

In other Joby Aviation news, Director Paul Cahill Sciarra sold 500,001 shares of the firm's stock in a transaction on Monday, July 14th. The stock was sold at an average price of $12.38, for a total value of $6,190,012.38. Following the completion of the sale, the director directly owned 57,328,059 shares of the company's stock, valued at $709,721,370.42. This trade represents a 0.86% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available through this link. Also, insider Eric Allison sold 27,538 shares of the firm's stock in a transaction on Monday, July 14th. The stock was sold at an average price of $11.97, for a total value of $329,629.86. Following the completion of the sale, the insider directly owned 660,076 shares of the company's stock, valued at $7,901,109.72. This represents a 4.00% decrease in their ownership of the stock. The disclosure for this sale can be found here. Over the last ninety days, insiders sold 1,867,653 shares of company stock valued at $19,256,442. Company insiders own 28.50% of the company's stock.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in JOBY. Royal Bank of Canada boosted its stake in Joby Aviation by 110.5% in the 1st quarter. Royal Bank of Canada now owns 85,070 shares of the company's stock worth $512,000 after purchasing an additional 44,659 shares during the period. AQR Capital Management LLC purchased a new position in Joby Aviation during the first quarter worth about $273,000. Finally, Strs Ohio purchased a new position in Joby Aviation during the first quarter worth about $37,000. Institutional investors own 52.85% of the company's stock.

Analyst Ratings Changes

A number of analysts recently commented on the company. HC Wainwright reiterated a "buy" rating and set a $13.00 price target (up from $9.00) on shares of Joby Aviation in a report on Monday, June 9th. Morgan Stanley reiterated an "equal weight" rating and set a $7.00 price target (down from $10.00) on shares of Joby Aviation in a report on Friday, April 11th. Wall Street Zen upgraded Joby Aviation from a "sell" rating to a "hold" rating in a report on Saturday, July 12th. Canaccord Genuity Group reiterated a "buy" rating and set a $12.00 price target on shares of Joby Aviation in a report on Wednesday, June 4th. Finally, Cantor Fitzgerald reissued a "neutral" rating and issued a $9.00 target price on shares of Joby Aviation in a research report on Monday, June 23rd. One research analyst has rated the stock with a sell rating, three have issued a hold rating and three have issued a buy rating to the stock. According to data from MarketBeat.com, Joby Aviation currently has an average rating of "Hold" and a consensus price target of $9.33.

Joby Aviation Company Profile

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.