Investor Confidence Wanes As Joby's Losses Mount And Commercial Timeline Remains Elusive
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Aug 07 2025
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Source: Benzinga
Joby Aviation's Financial Performance: Joby Aviation Inc. reported a second-quarter loss of 41 cents per share, missing expectations, with revenue at $15,000 compared to the estimated $43,000. The company's shares fell by over 10% following these results, raising concerns about its ability to manage losses during its pre-revenue phase.
Analyst Insights and Market Potential: JPMorgan analyst Bill Peterson maintained an Underweight rating on Joby, citing regulatory uncertainties and a challenging business model. However, he noted potential long-term market opportunities exceeding $200 billion post-certification, supported by Joby's partnership with Toyota and its innovative manufacturing strategy.
Analyst Views on JOBY
Wall Street analysts forecast JOBY stock price to rise over the next 12 months. According to Wall Street analysts, the average 1-year price target for JOBY is 15.67 USD with a low forecast of 8.00 USD and a high forecast of 22.00 USD. However, analyst price targets are subjective and often lag stock prices, so investors should focus on the objective reasons behind analyst rating changes, which better reflect the company's fundamentals.
6 Analyst Rating
1 Buy
3 Hold
2 Sell
Hold
Current: 14.300
Low
8.00
Averages
15.67
High
22.00
Current: 14.300
Low
8.00
Averages
15.67
High
22.00
About JOBY
Joby Aviation, Inc. is a transportation company developing an all-electric, vertical take-off and landing air taxi. The Company is engaged in designing and testing a piloted all-electric, vertical take-off and landing (eVTOL) aircraft. The Joby eVTOL is designed to transport a pilot and up to four passengers or an expected payload of up to 1,000 pounds at speeds of up to 200 miles per hour (mph). The aircraft is optimized for urban routes, with a target range of up to 100 miles on a single charge. The Company plans to manufacture, own and operate its aircraft itself, building a vertically integrated transportation company that delivers transportation services to customers, including government agencies such as the United States Air Force (USAF) through sales or contracted operations, and to individual end-users through a convenient app-based aerial ridesharing service. It also offers a network of terminals and loyal flyers in markets like New York and in Southern Europe.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
