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Joby Aviation Inc

Joby Aviation Inc

JOBY
$7.23USD↓-1.50%-0.11 today

MARKET CAP

7.1B

P/E (TTM)

—

FWD P/E

—

DAY RANGE

$7 – $7

52W RANGE

$7
$21

AI Summary

Stalk
TrimMedium

JOBY remains in Stage 4 decline with clear lower highs and lower lows under declining EMAs. Price is extended below the 9/21/50 EMA cluster in extreme oversold territory, reducing the timing edge for new shorts. We will defer selling and look to trim into rallies back up into the overhead EMA resistance zone for better execution.

  • ↑Full-year revenue guidance at $105–115M underscores strong demand.
  • ↑Toyota JV with $250M funding enhances production scale.
  • ↓Q1 net loss $110M and operating expenses $258M heighten cash burn.
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The case for & against

Bull & Bear analysis

Bearish

Joby Aviation, Inc. (NYSE: JOBY) is a pioneering aerospace company focusing on the development of electric vertical takeoff and landing (eVTOL) aircraft primarily aimed at revolutionizing urban air mobility. As a first-mover in the eVTOL sector, Joby is strategically positioned to capture significant demand in markets such as the United States and the UAE. Its unique partnership with Toyota enhances its manufacturing capabilities, providing the company with a comprehensive infrastructure to scale production, essential for meeting anticipated consumer needs in urban air transportation.

Bull says

  • ↑Full-year revenue guidance at $105–115M underscores strong demand.
  • ↑Toyota JV with $250M funding enhances production scale.
  • ↑FAA certification 70% complete, targeting passenger operations.
  • ↑$2.5B cash position supports R&D and production ramp.
  • ↑Urban air mobility tailwinds drive potential customer demand.
  • ↑Strong factor profile: high growth, liquidity, and momentum.

Bear says

  • ↓Q1 net loss $110M and operating expenses $258M heighten cash burn.
  • ↓Insider sales of $5M undermine confidence in management’s outlook.
  • ↓FAA certification still 70% complete, with potential timeline delays.
  • ↓Short interest at 15.4% reflects skepticism on profitability timeline.
  • ↓Production scaling challenges risk bottlenecks and quality issues.
  • ↓Slower eVTOL adoption may defer revenue and market uptake.

Investment themes with JOBY

Logistics↓ -0.07%

UNP · UBER · FDX

Earnings Call · Q1 2026 · Mgmt. Guidance

Updated 05-09-2026neutral

Transcript signals

Bull points

  • The ramp of the team in Ohio is going really, really well, and we are really pleased with the bring up of that facility, as we are adding additional components and systems that we're starting to build in that first facility.
  • In addition, we bought an additional 730,000 square foot facility across the street, and that facility is beginning to get the build out and preparing that facility for our beginning to put production processes into that facility, so really, really pleased with the momentum and the maturity that we're seeing out of the team in Ohio.
  • The manufacturing ramp, as I said, we have spooled up our third shift for our composite operation and really seeing great momentum. And just to, like, put a fine point on it, we are ramping as fast as we can, but with the focus on quality. We really want to drive NCRs, which are non-conformances, We want to be making as many of our parts with zero defects as we possibly can.

Bear points

  • On a gap basis, we reported a Q1 net loss of $110 million, a $12 million improvement compared to the $122 million net loss in Q4.
  • Revenue for Q1 was $24 million, which was mostly Blade. Compared to Q4, revenue decreased $7 million, reflecting the absence of the one-time revenue we recognize in Q4 for the flight demonstrations in Japan.
  • Total operating expenses for Q1 were $258 million, compared to $238 million in Q4. The $20 million increase was primarily driven by continued investment to support certification, manufacturing ramp, and commercial readiness.
Read full transcript analysis ›