Joby Aviation, Inc. (NYSE:JOBY) Receives Consensus Recommendation of “Reduce” from Analysts

Posted by Brenda Bartman on Aug 6th, 2026

Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) has earned an average recommendation of “Reduce” from the nine brokerages that are covering the firm, MarketBeat reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have issued a buy recommendation on the company. The average 1 year price target among brokers that have issued a report on the stock in the last year is $13.6429.

A number of analysts recently weighed in on JOBY shares. Needham & Company LLC reissued a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a report on Wednesday, May 6th. Morgan Stanley reduced their price objective on Joby Aviation from $15.00 to $13.00 and set an “equal weight” rating on the stock in a report on Wednesday, May 6th. Canaccord Genuity Group lowered their target price on Joby Aviation from $15.50 to $11.50 and set a “hold” rating for the company in a research note on Thursday, May 7th. Weiss Ratings raised Joby Aviation from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Tuesday, July 14th. Finally, Barclays upgraded Joby Aviation to a “hold” rating in a research report on Wednesday, July 29th.

Check Out Our Latest Stock Analysis on Joby Aviation

Key Headlines Impacting Joby Aviation

Here are the key news stories impacting Joby Aviation this week:

Positive Sentiment: Revenue beat and higher outlook: Joby reported second-quarter revenue of $38.64 million, well above the $30.20 million consensus estimate, and raised its 2026 revenue outlook to $115 million–$125 million from expectations of approximately $111.3 million. Joby Aviation tops revenue estimates as air taxi push accelerates
Positive Sentiment: Launch preparations are advancing: Joby said its first flights under the U.S. eVTOL Integration Pilot Program are expected in September in Texas, supporting the company’s effort to begin commercial air-taxi operations. Joby Reports Second Quarter 2026 Financial Results
Positive Sentiment: Vertiport partnership expands infrastructure plans: Joby partnered with Atoms, a venture associated with former Uber CEO Travis Kalanick, to acquire and develop vertiport sites initially in Florida, New York, and Texas. The network could help provide the infrastructure needed for future passenger service. Atoms and Joby Aviation Form Strategic Partnership to Build America’s Vertiport Network
Neutral Sentiment: Investors remain focused on execution: The earnings call highlighted Joby’s progress toward air-taxi deployment, but the company still must complete aircraft certification and demonstrate a viable commercial launch. Joby Aviation Q2 2026 Earnings Call Transcript
Negative Sentiment: Quarterly loss exceeded expectations: Joby reported a loss of $0.25 per share, compared with the consensus loss estimate of $0.23. The company remains unprofitable, so investors may be prioritizing the timing and cost of certification and commercialization over near-term revenue growth. Joby Aviation Reports Q2 Loss, Beats Revenue Estimates

Insider Transactions at Joby Aviation

In other Joby Aviation news, insider Gregory Bowles sold 4,724 shares of the company’s stock in a transaction dated Monday, July 6th. The shares were sold at an average price of $9.10, for a total transaction of $42,988.40. Following the transaction, the insider directly owned 188,936 shares in the company, valued at approximately $1,719,317.60. This represents a 2.44% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Bonny W. Simi sold 7,832 shares of the firm’s stock in a transaction dated Thursday, July 2nd. The shares were sold at an average price of $8.92, for a total transaction of $69,861.44. Following the completion of the transaction, the insider directly owned 231,687 shares in the company, valued at $2,066,648.04. This trade represents a 3.27% decrease in their position. The disclosure for this sale is available in the SEC filing. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders sold 1,050,736 shares of company stock valued at $11,423,677. 20.35% of the stock is currently owned by insiders.

Institutional Investors Weigh In On Joby Aviation

A number of institutional investors and hedge funds have recently modified their holdings of JOBY. Fifth Third Bancorp boosted its stake in Joby Aviation by 207.4% in the fourth quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after acquiring an additional 1,348 shares during the last quarter. EverSource Wealth Advisors LLC raised its position in shares of Joby Aviation by 284.8% during the 2nd quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock valued at $27,000 after acquiring an additional 1,880 shares during the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Joby Aviation during the 4th quarter valued at $28,000. Pandora Wealth Inc. acquired a new position in shares of Joby Aviation in the 4th quarter valued at $32,000. Finally, DV Equities LLC acquired a new position in shares of Joby Aviation in the 4th quarter valued at $33,000. 52.85% of the stock is owned by institutional investors.

Joby Aviation Stock Down 1.9%

Shares of NYSE JOBY opened at $7.82 on Thursday. Joby Aviation has a 12-month low of $6.63 and a 12-month high of $20.06. The firm’s 50-day simple moving average is $8.78 and its 200 day simple moving average is $9.65. The company has a quick ratio of 22.05, a current ratio of 22.06 and a debt-to-equity ratio of 0.36. The company has a market cap of $7.69 billion, a price-to-earnings ratio of -6.80 and a beta of 2.73.

Joby Aviation (NYSE:JOBY – Get Free Report) last posted its quarterly earnings data on Wednesday, August 5th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.02). Joby Aviation had a negative net margin of 1,232.62% and a negative return on equity of 60.54%. The company had revenue of $38.64 million during the quarter, compared to analyst estimates of $30.20 million. During the same quarter in the previous year, the business posted ($0.41) EPS. The company’s revenue was up 257493.3% compared to the same quarter last year. On average, research analysts expect that Joby Aviation will post -0.89 earnings per share for the current fiscal year.

About Joby Aviation

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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.