HC Wainwright Weighs in on Joby Aviation Q2 Earnings

Joby Aviation, Inc. (NYSE:JOBY - Free Report) - Investment analysts at HC Wainwright issued their Q2 2025 earnings per share estimates for shares of Joby Aviation in a research report issued on Thursday, February 27th. HC Wainwright analyst A. Dayal forecasts that the company will post earnings per share of ($0.18) for the quarter. HC Wainwright currently has a "Buy" rating and a $9.00 target price on the stock. The consensus estimate for Joby Aviation's current full-year earnings is ($0.69) per share.

A number of other equities analysts have also recently issued reports on the company. Cantor Fitzgerald reiterated an "overweight" rating and issued a $9.00 target price on shares of Joby Aviation in a report on Thursday. Needham & Company LLC reaffirmed a "buy" rating and issued a $10.00 price objective on shares of Joby Aviation in a research note on Thursday. JPMorgan Chase & Co. decreased their target price on shares of Joby Aviation from $6.00 to $5.00 and set an "underweight" rating for the company in a research report on Thursday. Finally, Canaccord Genuity Group raised their price target on shares of Joby Aviation from $9.75 to $11.50 and gave the company a "buy" rating in a research report on Wednesday, January 8th. One investment analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average target price of $8.90.

Joby Aviation Stock Down 8.1 %

NYSE:JOBY traded down $0.57 on Friday, hitting $6.43. The stock had a trading volume of 13,055,003 shares, compared to its average volume of 10,386,022. Joby Aviation has a 52 week low of $4.50 and a 52 week high of $10.72. The business's fifty day moving average is $8.14 and its 200 day moving average is $6.75. The company has a market cap of $4.92 billion, a PE ratio of -9.19 and a beta of 2.33.

Insider Activity

In other news, CEO Joeben Bevirt sold 23,886 shares of the firm's stock in a transaction on Thursday, January 2nd. The stock was sold at an average price of $8.08, for a total transaction of $192,998.88. Following the completion of the sale, the chief executive officer now directly owns 768,293 shares of the company's stock, valued at $6,207,807.44. This trade represents a 3.02 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through the SEC website. Also, insider Didier Papadopoulos sold 6,005 shares of the business's stock in a transaction dated Monday, December 16th. The stock was sold at an average price of $7.65, for a total transaction of $45,938.25. Following the completion of the transaction, the insider now directly owns 54,776 shares in the company, valued at $419,036.40. This trade represents a 9.88 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders sold a total of 1,018,699 shares of company stock worth $8,628,124 over the last quarter. Insiders own 32.40% of the company's stock.

Institutional Trading of Joby Aviation

Hedge funds have recently added to or reduced their stakes in the stock. Total Wealth Planning & Management Inc. purchased a new stake in shares of Joby Aviation during the 4th quarter worth approximately $285,000. Universal Beteiligungs und Servicegesellschaft mbH purchased a new stake in Joby Aviation in the 4th quarter worth about $2,492,000. Carolinas Wealth Consulting LLC purchased a new stake in Joby Aviation in the 4th quarter worth about $41,000. Toronto Dominion Bank purchased a new stake in Joby Aviation during the fourth quarter valued at about $41,000. Finally, UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC lifted its holdings in Joby Aviation by 15.0% during the fourth quarter. UBS AM a distinct business unit of UBS ASSET MANAGEMENT AMERICAS LLC now owns 444,860 shares of the company's stock valued at $3,617,000 after purchasing an additional 57,929 shares during the last quarter. Institutional investors own 52.85% of the company's stock.

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.