HC Wainwright Expects Reduced Earnings for Joby Aviation

Joby Aviation, Inc. (NYSE:JOBY - Free Report) - Stock analysts at HC Wainwright dropped their Q2 2025 EPS estimates for Joby Aviation in a research report issued on Thursday, May 8th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings per share of ($0.19) for the quarter, down from their previous estimate of ($0.18). HC Wainwright currently has a "Buy" rating and a $9.00 price target on the stock. The consensus estimate for Joby Aviation's current full-year earnings is ($0.69) per share. HC Wainwright also issued estimates for Joby Aviation's Q4 2025 earnings at ($0.18) EPS, FY2025 earnings at ($0.73) EPS, FY2026 earnings at ($0.71) EPS and FY2027 earnings at ($0.68) EPS.

Other analysts have also issued research reports about the company. Needham & Company LLC restated a "buy" rating and issued a $10.00 price objective on shares of Joby Aviation in a research note on Thursday, February 27th. Canaccord Genuity Group raised their target price on Joby Aviation from $11.50 to $12.00 and gave the company a "buy" rating in a report on Thursday, May 8th. Cantor Fitzgerald reiterated an "overweight" rating and issued a $9.00 price target on shares of Joby Aviation in a research note on Monday, May 5th. JPMorgan Chase & Co. dropped their price target on Joby Aviation from $6.00 to $5.00 and set an "underweight" rating for the company in a research note on Thursday, February 27th. Finally, Morgan Stanley reaffirmed an "equal weight" rating and set a $7.00 target price (down from $10.00) on shares of Joby Aviation in a research report on Friday, April 11th. One analyst has rated the stock with a sell rating, one has issued a hold rating and four have issued a buy rating to the company's stock. According to data from MarketBeat, Joby Aviation currently has an average rating of "Moderate Buy" and a consensus target price of $8.67.

Joby Aviation Trading Down 0.1%

NYSE:JOBY traded down $0.01 on Monday, hitting $7.17. The company's stock had a trading volume of 4,634,983 shares, compared to its average volume of 11,821,532. The stock has a fifty day moving average of $6.23 and a two-hundred day moving average of $7.08. The firm has a market capitalization of $5.64 billion, a P/E ratio of -10.22 and a beta of 2.34. Joby Aviation has a one year low of $4.66 and a one year high of $10.72.

Joby Aviation (NYSE:JOBY - Get Free Report) last released its quarterly earnings data on Tuesday, May 6th. The company reported ($0.11) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.18) by $0.07. Joby Aviation had a negative return on equity of 51.76% and a negative net margin of 42,844.57%. During the same period last year, the business earned ($0.14) EPS.

Institutional Inflows and Outflows

A number of hedge funds have recently made changes to their positions in JOBY. Tidal Investments LLC grew its position in shares of Joby Aviation by 13.7% during the 3rd quarter. Tidal Investments LLC now owns 29,246 shares of the company's stock valued at $147,000 after purchasing an additional 3,522 shares in the last quarter. Salem Investment Counselors Inc. grew its position in Joby Aviation by 5,000.0% in the fourth quarter. Salem Investment Counselors Inc. now owns 5,100 shares of the company's stock worth $41,000 after acquiring an additional 5,000 shares in the last quarter. Hamilton Lane Advisors LLC purchased a new position in Joby Aviation in the fourth quarter worth $418,000. Bouvel Investment Partners LLC grew its position in Joby Aviation by 1.4% in the fourth quarter. Bouvel Investment Partners LLC now owns 123,862 shares of the company's stock worth $1,007,000 after acquiring an additional 1,715 shares in the last quarter. Finally, Yarbrough Capital LLC purchased a new position in Joby Aviation in the fourth quarter worth $1,362,000. 52.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Buying and Selling

In other Joby Aviation news, insider Bonny W. Simi sold 12,382 shares of the business's stock in a transaction on Thursday, April 17th. The shares were sold at an average price of $5.81, for a total transaction of $71,939.42. Following the sale, the insider now owns 203,588 shares of the company's stock, valued at $1,182,846.28. The trade was a 5.73% decrease in their position. The sale was disclosed in a legal filing with the SEC, which is available through this link. Also, Director Paul Cahill Sciarra sold 166,667 shares of the business's stock in a transaction on Monday, March 24th. The shares were sold at an average price of $6.78, for a total transaction of $1,130,002.26. Following the sale, the director now directly owns 58,494,728 shares in the company, valued at $396,594,255.84. The trade was a 0.28% decrease in their position. The disclosure for this sale can be found here. In the last quarter, insiders have sold 652,114 shares of company stock valued at $3,982,965. 28.50% of the stock is owned by company insiders.

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.