Joby Aviation (NYSE:JOBY) Issues Earnings Results, Beats Estimates By $0.06 EPS

Joby Aviation (NYSE:JOBY) released its quarterly earnings data on Wednesday. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.06, Briefing.com reports. The company had revenue of $30.84 million during the quarter, compared to analyst estimates of $16.88 million. The firm’s quarterly revenue was up 5506.5% compared to the same quarter last year. During the same quarter in the prior year, the company posted ($0.34) EPS.

Here are the key takeaways from Joby Aviation’s conference call:

• First FAA-conforming aircraft is ready to fly and Joby reported a record 18-point increase on the FAA side of Stage Four, positioning the company to enter Stage Five and expect FAA pilots to fly later this year.
• Joby is scaling production and balance sheet strength — it purchased a 728,000‑sq ft Dayton facility to support a planned ramp toward 4 aircraft/month by 2027 and raised substantial capital recently (net ~ $1B across Q4/Q1 plus a post‑quarter ~$1.2B financing), exiting Q4 with $1.4B in cash and short‑term investments.
• Commercial momentum and partnerships are broadening demand — Joby expects to carry its first passengers in Dubai this year, is positioned for the U.S. eIPP program (DOT to pick locations soon), and has integrations/agreements with partners including Uber, Toyota, Delta and Blade plus MOUs in Saudi Arabia, Kazakhstan and Tokyo.
• Near‑term financials and cash burn remain a risk — Q4 net loss was $122M (helped by a non‑cash warrant/earn‑out revaluation), Q4 revenue was only $31M, 1H 2026 cash use is guided at $340M–$370M (plus a ~$33M building purchase), and 2026 revenue is guided to just $105M–$150M, largely driven by Blade.

Joby Aviation Price Performance

Joby Aviation stock opened at $9.82 on Thursday. The company’s 50-day moving average is $12.75 and its 200-day moving average is $14.43. The firm has a market capitalization of $8.95 billion, a PE ratio of -7.32 and a beta of 2.57. Joby Aviation has a fifty-two week low of $4.96 and a fifty-two week high of $20.95.

Analyst Upgrades and Downgrades

A number of research analysts have recently commented on JOBY shares. Needham & Company LLC reissued a “buy” rating and set a $22.00 price objective on shares of Joby Aviation in a report on Thursday, November 6th. HC Wainwright reiterated a “neutral” rating on shares of Joby Aviation in a research note on Monday, November 24th. JPMorgan Chase & Co. raised their target price on Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a research report on Friday, October 31st. Canaccord Genuity Group reaffirmed a “hold” rating and set a $15.50 price objective on shares of Joby Aviation in a report on Tuesday, February 3rd. Finally, Zacks Research raised shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. One analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have issued a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $13.21.

Insider Activity at Joby Aviation

In other Joby Aviation news, insider Eric Allison sold 32,448 shares of the company’s stock in a transaction on Tuesday, December 30th. The stock was sold at an average price of $13.25, for a total value of $429,936.00. Following the transaction, the insider directly owned 659,980 shares of the company’s stock, valued at $8,744,735. This represents a 4.69% decrease in their position. The sale was disclosed in a filing with the SEC, which is available through this hyperlink. Also, CEO Joeben Bevirt sold 507,182 shares of the company’s stock in a transaction dated Monday, February 9th. The stock was sold at an average price of $10.62, for a total transaction of $5,386,272.84. Following the sale, the chief executive officer directly owned 31,997,802 shares of the company’s stock, valued at $339,816,657.24. This represents a 1.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,470,074 shares of company stock valued at $16,083,913 over the last three months. Company insiders own 28.50% of the company’s stock.

Institutional Trading of Joby Aviation

Several hedge funds have recently bought and sold shares of JOBY. Ancora Advisors LLC bought a new stake in shares of Joby Aviation in the third quarter valued at approximately $35,000. DV Equities LLC bought a new position in shares of Joby Aviation in the 4th quarter worth $33,000. EverSource Wealth Advisors LLC raised its position in Joby Aviation by 284.8% during the second 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 in the last quarter. CIBC Private Wealth Group LLC raised its holdings in shares of Joby Aviation by 38.7% during the 4th quarter. CIBC Private Wealth Group LLC now owns 4,256 shares of the company’s stock valued at $56,000 after buying an additional 1,188 shares in the last quarter. Finally, Arax Advisory Partners lifted its holdings in shares of Joby Aviation by 53.6% in the 4th quarter. Arax Advisory Partners now owns 4,267 shares of the company’s stock worth $56,000 after acquiring an additional 1,489 shares during the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.

More Joby Aviation News

Here are the key news stories impacting Joby Aviation this week:

• Positive Sentiment: Q4 beat — Joby reported an anomalous $999.00 EPS (vs. consensus -$0.20) and revenue up ~5,506% year‑over‑year, a surprise beat that drove short‑term optimism; listen to the conference call for the accounting/one‑time items that produced the EPS swing. View Press Release Listen to Conference Call
• Positive Sentiment: Toyota support — Toyota expanded its commitment with a $250M tranche and deeper manufacturing cooperation (Toyota Production System at Joby facilities), which reduces execution risk around certification and scale-up. Toyota Investment Puts Joby Production Plans And Risks In Sharper Focus
• Positive Sentiment: Media coverage reinforcing demand thesis — recent feature stories on Joby’s eVTOL commuter use cases are supporting the long‑term growth narrative and investor interest. The electric jet age returns
• Neutral Sentiment: Short‑term volatility flagged — several previews warned the stock could swing double digits around earnings, so today’s move may reflect repositioning by traders rather than a sustained trend. Joby Aviation Stock Could Swing 12% After Q4 Earnings
• Neutral Sentiment: Sector/legal headlines affecting sentiment — litigation and funding stories among peers (Archer, Vertical) are producing sympathy trades across the eVTOL group and can amplify moves in JOBY. Archer’s Lawsuit Tests Vertical Aerospace’s Cash Runway
• Negative Sentiment: Insider selling — Gregory Bowles sold shares this week (totaling ~15k shares across Feb. 23–24), which can be read as a near‑term negative signal even if the sizes are modest. SEC Form 4 — Gregory Bowles
• Negative Sentiment: Analyst/valuation pressure — mixed coverage (including a Goldman Sachs sell initiation and an overall ‘Reduce’ consensus on MarketBeat) highlights valuation vs. execution concerns that could weigh on the stock if the call lacks clear certification/production milestones. Archer Aviation: The Billion-Dollar Battleground
• Negative Sentiment: Technical/positioning risks — JOBY trades below its 50‑ and 200‑day moving averages and has a history of wide swings; weak follow‑through on the call could trigger outsized declines. (background market data)

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.