HC Wainwright Estimates Joby Aviation Q2 Earnings

Joby Aviation, Inc. (NYSE:JOBY) – Analysts at HC Wainwright issued their Q2 2025 earnings estimates for Joby Aviation in a report released on Thursday, February 27th. HC Wainwright analyst A. Dayal anticipates that the company will earn ($0.18) per share 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.

Several other research firms also recently weighed in on JOBY. Canaccord Genuity Group raised their price target on shares of Joby Aviation from $9.75 to $11.50 and gave the stock a “buy” rating in a research note on Wednesday, January 8th. Needham & Company LLC reaffirmed a “buy” rating and set a $10.00 target price on shares of Joby Aviation in a research note on Thursday. Cantor Fitzgerald reiterated an “overweight” rating and set a $9.00 price target on shares of Joby Aviation in a research report on Thursday. Finally, JPMorgan Chase & Co. dropped their price target 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. One research analyst has rated the stock with a sell rating and four have issued a buy rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy” and a consensus price target of $8.90.

Joby Aviation Stock Performance

JOBY stock opened at $7.00 on Friday. The firm’s fifty day moving average is $8.14 and its 200 day moving average is $6.72. Joby Aviation has a one year low of $4.50 and a one year high of $10.72. The firm has a market cap of $5.35 billion, a PE ratio of -9.99 and a beta of 2.33.

Institutional Trading of Joby Aviation

A number of hedge funds and other institutional investors have recently made changes to their positions in the stock. Creative Planning boosted its holdings in shares of Joby Aviation by 86.2% during the third quarter. Creative Planning now owns 55,446 shares of the company’s stock valued at $279,000 after acquiring an additional 25,672 shares during the period. Private Advisor Group LLC lifted its holdings in Joby Aviation by 45.3% in the 3rd quarter. Private Advisor Group LLC now owns 34,513 shares of the company’s stock valued at $174,000 after acquiring an additional 10,765 shares during the last quarter. International Assets Investment Management LLC lifted its holdings in Joby Aviation by 403.0% in the 3rd quarter. International Assets Investment Management LLC now owns 11,468 shares of the company’s stock valued at $58,000 after acquiring an additional 9,188 shares during the last quarter. Fullcircle Wealth LLC raised its holdings in Joby Aviation by 40.0% during the 3rd quarter. Fullcircle Wealth LLC now owns 21,000 shares of the company’s stock worth $111,000 after buying an additional 6,000 shares during the period. Finally, Janney Montgomery Scott LLC raised its holdings in Joby Aviation by 15.0% during the 3rd quarter. Janney Montgomery Scott LLC now owns 266,882 shares of the company’s stock worth $1,342,000 after buying an additional 34,866 shares during the period. Institutional investors own 52.85% of the company’s stock.

Insider Activity at Joby Aviation

In related news, insider Didier Papadopoulos sold 6,005 shares of the firm’s stock in a transaction that occurred on Monday, December 16th. The shares were sold at an average price of $7.65, for a total value of $45,938.25. Following the transaction, the insider now owns 54,776 shares in the company, valued at approximately $419,036.40. This trade represents a 9.88 % decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is accessible through the SEC website. Also, CEO Joeben Bevirt sold 250,000 shares of Joby Aviation stock in a transaction that occurred on Monday, January 6th. The shares were sold at an average price of $9.84, for a total transaction of $2,460,000.00. Following the transaction, the chief executive officer now directly owns 32,325,793 shares in the company, valued at approximately $318,085,803.12. This trade represents a 0.77 % decrease in their ownership of the stock. The disclosure for this sale can be found here. In the last three months, insiders have sold 1,018,699 shares of company stock valued at $8,628,124. Insiders own 32.40% of the company’s stock.

About Joby Aviation

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.