HC Wainwright Predicts Joby Aviation Q1 Earnings

Joby Aviation, Inc. (NYSE:JOBY) – Equities research analysts at HC Wainwright issued their Q1 2026 earnings per share (EPS) estimates for shares of Joby Aviation in a report issued on Thursday, February 26th. HC Wainwright analyst A. Dayal forecasts that the company will post earnings per share of ($0.20) for the quarter. HC Wainwright currently has a “Buy” rating and a $18.00 target price 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 Q2 2026 earnings at ($0.20) EPS and Q3 2026 earnings at ($0.20) EPS.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share for the quarter, topping the consensus estimate of ($0.20) by $0.06. The firm had revenue of $30.84 million during the quarter, compared to analysts’ expectations of $16.88 million. Joby Aviation’s revenue for the quarter was up 5506.5% on a year-over-year basis. During the same period in the previous year, the company earned ($0.34) earnings per share.

JOBY has been the subject of a number of other reports. Needham & Company LLC lowered their price target on shares of Joby Aviation to $18.00 and set a “buy” rating for the company in a research report on Thursday. Canaccord Genuity Group reaffirmed a “hold” rating and set a $15.50 target price on shares of Joby Aviation in a research note on Tuesday, February 3rd. Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research report on Thursday, January 22nd. The Goldman Sachs Group assumed coverage on Joby Aviation in a research note on Monday, December 1st. They issued a “sell” rating and a $10.00 price target on the stock. Finally, Oppenheimer set a $18.00 price objective on Joby Aviation in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to data from MarketBeat, the company has a consensus rating of “Reduce” and an average target price of $13.81.

Joby Aviation Trading Down 1.5%

Shares of JOBY stock opened at $10.07 on Friday. The company’s fifty day moving average price is $12.60 and its 200-day moving average price is $14.36. The stock has a market cap of $9.18 billion, a PE ratio of -8.84 and a beta of 2.57. Joby Aviation has a 12 month low of $4.96 and a 12 month high of $20.95.

Insider Activity

In related news, insider Eric Allison sold 9,815 shares of the firm’s stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $9.88, for a total transaction of $96,972.20. Following the completion of the sale, the insider owned 713,268 shares of the company’s stock, valued at $7,047,087.84. This trade represents a 1.36% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Didier Papadopoulos sold 6,366 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $9.74, for a total transaction of $62,004.84. Following the completion of the transaction, the insider owned 128,548 shares of the company’s stock, valued at approximately $1,252,057.52. The trade was a 4.72% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Over the last quarter, insiders have sold 1,470,074 shares of company stock valued at $16,083,913. Company insiders own 28.50% of the company’s stock.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently modified their holdings of the business. Royal Bank of Canada increased its holdings 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 buying an additional 44,659 shares in the last quarter. AQR Capital Management LLC purchased a new stake in shares of Joby Aviation during the 1st quarter valued at about $273,000. Strs Ohio bought a new stake in shares of Joby Aviation in the first quarter worth approximately $37,000. CWM LLC grew its stake in shares of Joby Aviation by 8.1% in the second quarter. CWM LLC now owns 9,156 shares of the company’s stock worth $97,000 after acquiring an additional 689 shares during the period. Finally, AlphaQuest LLC raised its holdings in shares of Joby Aviation by 225.8% during the second quarter. AlphaQuest LLC now owns 5,444 shares of the company’s stock valued at $57,000 after purchasing an additional 3,773 shares during the last quarter. 52.85% of the stock is owned by institutional investors.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Q4 results and 2026 revenue guide: Joby reported Q4 results with revenue well above estimates and provided 2026 revenue guidance of $105M–$115M, which investors viewed as proof of early commercial traction. Joby Aviation Incurs Loss in Q4, Beats Revenue Estimates
• Positive Sentiment: Uber partnership & commercial launch: Joby and Uber — a long-standing partner — are launching an aerial ride‑hailing service (first city: Dubai this year), a visible commercialization milestone that supports future revenue growth. The eVTOL Era is Beginning With Uber and Joby Aviation
• Positive Sentiment: Certification and first passenger flight timetable: Company updates and industry coverage report FAA certification progress and targets for first passenger flights in 2026 — a major operational milestone that de‑risks the timeline to revenue. Joby targets first passenger flights in 2026 as certification progress advances
• Positive Sentiment: Balance sheet / liquidity updates: Earnings commentary and coverage note that Joby has strengthened liquidity (including ~$1.8B raised), helping to extend runway while it scales production. That reduced immediate cash‑runway fears. Joby Aviation Inc (JOBY) Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Analyst support with tempered near‑term EPS: HC Wainwright reiterated a Buy and $18 target while modeling quarterly EPS losses (~$0.20), which supports upside narrative but underscores ongoing negative earnings. HC Wainwright estimates / Buy rating
• Neutral Sentiment: Unusually heavy options activity: Large call buying was reported, indicating speculative/leverage flows that can amplify intraday moves but aren’t a fundamental read on valuation.
• Negative Sentiment: Sell‑side cut: JPMorgan reduced its price target to $7 and moved to Underweight, a notable negative signal from a major bank that may pressure sentiment and limit upside. JPMorgan cuts JOBY price target
• Negative Sentiment: Ongoing losses and valuation concerns: Coverage highlighting larger-than-expected losses and the tension between ambitious growth plans and current financial metrics keeps valuation risk top of mind for investors. Assessing Joby Aviation (JOBY) Valuation

Joby Aviation Company Profile

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.