Joby Aviation, Inc. ($JOBY) reported second-quarter 2026 revenue of $38.6 million, well ahead of the $31.0 million analyst estimate. Gross profit also improved sharply to $10.3 million, reflecting stronger top-line performance in the period.
However, the company remained deeply unprofitable. Operating loss came in at -$260.9 million, while net loss attributable to common shareholders was -$245.4 million, or -$0.25 per diluted share. Cash used in operating activities totaled -$173.1 million, underscoring the scale of investment still going into the business.
The balance sheet showed a stronger cash position, with cash and cash equivalents rising to $629.9 million. At the same time, total liabilities increased to $985.5 million, while spending on property, plant and equipment reached $28.6 million as Joby continued building out its operations.
Note: This financials data is sourced from a third-party provider and has not been independently verified by Quiver.
Joby Aviation, Inc. Insider Trading Activity
Joby Aviation, Inc. insiders have traded $JOBY stock on the open market 78 times in the past 6 months. Of those trades, 0 have been purchases and 78 have been sales.
Here’s a breakdown of recent trading of $JOBY stock by insiders over the last 6 months:
- JOEBEN BEVIRT (CEO and Chief Architect) has made 0 purchases and 17 sales selling 2,608,547 shares for an estimated $24,671,397.
- PAUL CAHILL SCIARRA sold 416,666 shares for an estimated $5,008,325
- RODRIGO BRUMANA (Chief Financial Officer) has made 0 purchases and 6 sales selling 85,164 shares for an estimated $947,395.
- KATE DEHOFF (See Remarks) has made 0 purchases and 12 sales selling 94,538 shares for an estimated $828,908.
- ERIC ALLISON (Chief Product Officer) has made 0 purchases and 8 sales selling 88,828 shares for an estimated $741,373.
- DIDIER PAPADOPOULOS (President of Aircraft OEM) has made 0 purchases and 15 sales selling 67,178 shares for an estimated $623,763.
- GREGORY BOWLES (Chief Policy Officer) has made 0 purchases and 13 sales selling 50,822 shares for an estimated $486,117.
- BONNY W SIMI (President of Operations) has made 0 purchases and 6 sales selling 27,635 shares for an estimated $253,114.
To track insider transactions, check out Quiver Quantitative's insider trading dashboard. You can access data on insider stock transactions through the Quiver Quantitative API insider transaction endpoint.
Joby Aviation, Inc. Hedge Fund Activity
We have seen 289 institutional investors add shares of Joby Aviation, Inc. stock to their portfolio, and 171 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- BLACKROCK, INC. added 6,809,994 shares (+17.1%) to their portfolio in Q1 2026, for an estimated $56,250,550
- DAIWA SECURITIES GROUP INC. added 3,972,225 shares (+inf%) to their portfolio in Q2 2026, for an estimated $35,432,247
- DELTA AIR LINES, INC. added 3,546,481 shares (+32.1%) to their portfolio in Q1 2026, for an estimated $29,293,933
- CITIGROUP INC added 3,164,882 shares (+80.7%) to their portfolio in Q2 2026, for an estimated $28,230,747
- SQUAREPOINT OPS LLC added 3,154,490 shares (+603.1%) to their portfolio in Q1 2026, for an estimated $26,056,087
- GHISALLO CAPITAL MANAGEMENT LLC added 2,829,666 shares (+943.2%) to their portfolio in Q1 2026, for an estimated $23,373,041
- PRICE T ROWE ASSOCIATES INC /MD/ removed 2,715,293 shares (-80.2%) from their portfolio in Q1 2026, for an estimated $22,428,320
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.
Joby Aviation, Inc. Price Targets
Multiple analysts have issued price targets for $JOBY recently. We have seen 5 analysts offer price targets for $JOBY in the last 6 months, with a median target of $13.0.
Here are some recent targets:
- Austin Moeller from Canaccord Genuity set a target price of $11.5 on 05/07/2026
- Chris Pierce from Needham set a target price of $18.0 on 05/06/2026
- Kristine Liwag from Morgan Stanley set a target price of $13.0 on 05/06/2026
- Amit Dayal from HC Wainwright & Co. set a target price of $18.0 on 02/26/2026
- Bill Peterson from JP Morgan set a target price of $7.0 on 02/26/2026
