HC Wainwright Estimates Joby Aviation Q2 Earnings

Joby Aviation, Inc. (NYSE:JOBY) – Research analysts at HC Wainwright issued their Q2 2025 earnings per share estimates for Joby Aviation in a note issued to investors on Thursday, February 27th. HC Wainwright analyst A. Dayal expects that the company will earn ($0.18) per share for the quarter. HC Wainwright has a “Buy” rating and a $9.00 price objective on the stock. The consensus estimate for Joby Aviation’s current full-year earnings is ($0.69) per share.

Several other research analysts have also weighed in on the stock. Canaccord Genuity Group upped their target price on shares of Joby Aviation from $9.75 to $11.50 and gave the stock a “buy” rating in a research report on Wednesday, January 8th. Cantor Fitzgerald reaffirmed an “overweight” rating and set a $9.00 price objective on shares of Joby Aviation in a report on Thursday. Needham & Company LLC reissued a “buy” rating and issued a $10.00 target price on shares of Joby Aviation in a report on Thursday. Finally, JPMorgan Chase & Co. cut 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. One equities research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and a consensus target price of $8.90.

Joby Aviation Stock Up 1.0 %

NYSE:JOBY opened at $6.77 on Friday. Joby Aviation has a fifty-two week low of $4.50 and a fifty-two week high of $10.72. The firm’s fifty day simple moving average is $8.16 and its 200-day simple moving average is $6.71. The stock has a market cap of $5.18 billion, a PE ratio of -9.66 and a beta of 2.33.

Institutional Investors Weigh In On Joby Aviation

Several hedge funds have recently modified their holdings of JOBY. Toyota Motor Corp purchased a new position in Joby Aviation during the fourth quarter worth approximately $640,259,000. Uber Technologies Inc purchased a new stake in Joby Aviation during the fourth quarter valued at about $207,842,000. Vanguard Group Inc. grew its position in Joby Aviation by 15.8% during the fourth quarter. Vanguard Group Inc. now owns 46,760,562 shares of the company’s stock valued at $380,163,000 after acquiring an additional 6,388,232 shares during the period. Nuveen Asset Management LLC raised its holdings in shares of Joby Aviation by 331.4% in the 4th quarter. Nuveen Asset Management LLC now owns 4,260,082 shares of the company’s stock worth $34,634,000 after purchasing an additional 3,272,597 shares during the period. Finally, Baillie Gifford & Co. raised its holdings in shares of Joby Aviation by 4.3% in the 4th quarter. Baillie Gifford & Co. now owns 55,032,165 shares of the company’s stock worth $447,412,000 after purchasing an additional 2,281,161 shares during the period. 52.85% of the stock is owned by institutional investors and hedge funds.

Insider Buying and Selling

In related news, insider Didier Papadopoulos sold 7,692 shares of the company’s stock in a transaction on Monday, January 6th. The stock was sold at an average price of $10.00, for a total value of $76,920.00. Following the completion of the transaction, the insider now directly owns 50,902 shares in the company, valued at approximately $509,020. This represents a 13.13 % decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, Director Paul Cahill Sciarra sold 333,334 shares of the firm’s stock in a transaction dated Monday, February 3rd. The stock was sold at an average price of $8.02, for a total value of $2,673,338.68. Following the completion of the sale, the director now directly owns 58,661,395 shares in the company, valued at approximately $470,464,387.90. The trade was a 0.57 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last quarter, insiders sold 1,018,699 shares of company stock worth $8,628,124. 32.40% of the stock is owned by corporate 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.