FY2026 EPS Estimates for Joby Aviation Decreased by Analyst

Joby Aviation, Inc. (NYSE:JOBY) – Equities research analysts at HC Wainwright reduced their FY2026 earnings per share (EPS) estimates for Joby Aviation in a report issued on Thursday, February 26th. HC Wainwright analyst A. Dayal now forecasts that the company will post earnings of ($0.81) per share for the year, down from their prior forecast of ($0.77). 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 Q4 2026 earnings at ($0.21) EPS, FY2027 earnings at ($0.74) EPS, FY2028 earnings at ($0.60) EPS, FY2029 earnings at ($0.43) EPS and FY2030 earnings at ($0.17) EPS.

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

JOBY has been the subject of a number of other reports. The Goldman Sachs Group initiated coverage on Joby Aviation in a research report on Monday, December 1st. They set a “sell” rating and a $10.00 price objective for the company. JPMorgan Chase & Co. decreased their price target on Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a research note on Thursday. Zacks Research upgraded Joby Aviation from a “strong sell” rating to a “hold” rating in a research report on Tuesday, November 4th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $15.50 price objective on shares of Joby Aviation in a research note on Tuesday, February 3rd. Finally, Oppenheimer set a $18.00 target price on Joby Aviation in a research note on Thursday. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Reduce” and an average price target of $13.81.

Joby Aviation Price Performance

Shares of Joby Aviation stock opened at $10.07 on Monday. The stock’s 50 day simple moving average is $12.60 and its 200-day simple moving average is $14.31. The stock has a market cap of $9.18 billion, a P/E ratio of -8.84 and a beta of 2.59. Joby Aviation has a 1-year low of $4.96 and a 1-year high of $20.95.

Insider Buying and Selling

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 value of $96,972.20. Following 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 through this hyperlink. Also, CEO Joeben Bevirt sold 63,636 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $9.91, for a total transaction of $630,632.76. Following the transaction, the chief executive officer owned 246,006 shares of the company’s stock, valued at $2,437,919.46. This trade represents a 20.55% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders have sold 1,470,074 shares of company stock worth $16,083,913 over the last ninety days. Company insiders own 32.40% of the company’s stock.

Institutional Investors Weigh In On Joby Aviation

A number of hedge funds and other institutional investors have recently modified their holdings of the company. Sowell Financial Services LLC acquired a new stake in shares of Joby Aviation during the 3rd quarter worth about $663,000. Pier 88 Investment Partners LLC purchased a new position in Joby Aviation in the third quarter valued at approximately $635,000. Voya Investment Management LLC increased its stake in Joby Aviation by 20.0% in the third quarter. Voya Investment Management LLC now owns 1,150,050 shares of the company’s stock valued at $18,562,000 after purchasing an additional 192,064 shares during the last quarter. Valeo Financial Advisors LLC acquired a new stake in Joby Aviation during the second quarter worth approximately $461,000. Finally, Udine Wealth Management Inc. purchased a new stake in shares of Joby Aviation during the 3rd quarter worth approximately $1,414,000. 52.85% of the stock is currently owned by institutional investors and hedge funds.

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.