JOBY Earnings

JOBY reported its earnings on 2026-05-05, showcasing a revenue of 24.25M against an estimate of 18.95M, resulting in a 27.95% surprise. The EPS was -0.21, surpassing the expected -0.21 by 0%. The stock experienced a 21.2% price change on the earnings day and a 23.73% change over the next five days, reflecting market reactions to the results.

Following JOBY's earnings announcement on 2026-05-05, the stock price moved by 21.2% on the day of the release. Over the subsequent five days, it saw a 23.73% change. Historically, JOBY's stock price tends to shift by an average of 3.93% in the 10 days leading up to earnings and -1.53% in the 10 days following, providing insight into potential market.

For 2026/Q2, analysts estimate JOBY's annual revenue to reach 18.61M, while the EPS is projected at -0.17. These estimates reflect recent revisions, with revenue estimates unchanged by 0% and EPS estimates unchanged by 0% over the past three months, indicating analyst expectation in the company's performance.

The correlation between JOBY's stock price and earnings forecast revisions shows that positive revisions in revenue or EPS often strengthen the stock's fundamentals. Over the past three months, revenue estimates for FY2025 were unchanged by 0%, while EPS estimates moved unchanged by 0%. This trend suggests that price dips could present buying opportunities for investors.

Based on historical trends, JOBY's stock price typically moves by 3.93% in the 10 days before its earnings and -1.53% in the 10 days after. For the upcoming 2026/Q2 earnings, analysts expect an EPS of -0.17 and revenue of 18.61M.

The earnings call presents a mixed picture: revenue growth is positive, but the net loss, despite improvement, remains significant. The cash position is strong, but declining, and increased R&D expenses indicate ongoing investment needs. The lack of strategic and operational updates, along with cautionary forward-looking statements, suggests uncertainty. With a market cap of ~$3.6 billion, these factors likely balance out, resulting in a neutral stock price movement expectation.