HC Wainwright Weighs in on Joby Aviation Q1 Earnings

Joby Aviation, Inc. (NYSE:JOBY) – Research analysts at HC Wainwright issued their Q1 2025 earnings estimates for Joby Aviation in a research report issued on Thursday, February 27th. HC Wainwright analyst A. Dayal forecasts that the company will post earnings of ($0.19) 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. HC Wainwright also issued estimates for Joby Aviation’s Q3 2025 earnings at ($0.19) EPS, Q4 2025 earnings at ($0.19) EPS, FY2025 earnings at ($0.75) EPS, FY2026 earnings at ($0.72) EPS, FY2027 earnings at ($0.69) EPS, FY2028 earnings at ($0.58) EPS and FY2029 earnings at ($0.47) EPS.

Several other equities analysts have also recently issued reports on the company. Cantor Fitzgerald reissued an “overweight” rating and issued a $9.00 price objective on shares of Joby Aviation in a report on Thursday, February 27th. Canaccord Genuity Group raised their price objective 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 restated a “buy” rating and set a $10.00 price target on shares of Joby Aviation in a research report on Thursday, February 27th. Finally, JPMorgan Chase & Co. decreased their price objective 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, February 27th. One investment analyst has rated the stock with a sell rating and four have given a buy rating to the company. According to MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.90.

Joby Aviation Price Performance

NYSE JOBY opened at $6.43 on Monday. Joby Aviation has a 1 year low of $4.50 and a 1 year high of $10.72. The company has a market capitalization of $4.92 billion, a PE ratio of -9.19 and a beta of 2.33. The company has a fifty day moving average of $8.12 and a 200 day moving average of $6.75.

Institutional Trading of Joby Aviation

Institutional investors and hedge funds have recently bought and sold shares of the stock. Larson Financial Group LLC raised its position in Joby Aviation by 218.3% in the third quarter. Larson Financial Group LLC now owns 7,290 shares of the company’s stock valued at $37,000 after purchasing an additional 5,000 shares during the period. Whittier Trust Co. purchased a new position in Joby Aviation in the fourth quarter worth approximately $38,000. Salem Investment Counselors Inc. grew its stake in shares of Joby Aviation by 5,000.0% during the fourth quarter. Salem Investment Counselors Inc. now owns 5,100 shares of the company’s stock worth $41,000 after purchasing an additional 5,000 shares in the last quarter. Compagnie Lombard Odier SCmA purchased a new position in Joby Aviation in the fourth quarter valued at $41,000. Finally, Toronto Dominion Bank acquired a new stake in Joby Aviation in the fourth quarter valued at $41,000. 52.85% of the stock is currently owned by hedge funds and other institutional investors.

Insider Activity

In other news, insider Didier Papadopoulos sold 7,692 shares of the business’s stock in a transaction that occurred on Monday, January 6th. The stock was sold at an average price of $10.00, for a total transaction of $76,920.00. Following the transaction, the insider now directly owns 50,902 shares in the company, valued at $509,020. The trade was a 13.13 % decrease in their position. The sale was disclosed in a document filed with the SEC, which is available at this hyperlink. Also, insider Kate Dehoff sold 6,205 shares of the company’s stock in a transaction dated Monday, January 13th. The shares were sold at an average price of $8.10, for a total transaction of $50,260.50. Following the completion of the sale, the insider now directly owns 215,947 shares of the company’s stock, valued at $1,749,170.70. This represents a 2.79 % decrease in their position. The disclosure for this sale can be found here. Insiders have sold a total of 1,018,699 shares of company stock worth $8,628,124 over the last quarter. 32.40% of the stock is currently owned by corporate insiders.

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.