First Trust Advisors LP Has $3.46 Million Stock Holdings in Joby Aviation, Inc. $JOBY

First Trust Advisors LP grew its holdings in Joby Aviation, Inc. (NYSE:JOBY) by 51.6% in the 1st quarter, HoldingsChannel.com reports. The fund owned 418,321 shares of the company’s stock after purchasing an additional 142,433 shares during the quarter. First Trust Advisors LP’s holdings in Joby Aviation were worth $3,455,000 as of its most recent SEC filing.

Several other hedge funds also recently modified their holdings of the business. Fifth Third Bancorp raised its holdings in shares of Joby Aviation by 207.4% during the 4th quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after purchasing an additional 1,348 shares in the last quarter. EverSource Wealth Advisors LLC boosted its holdings in Joby Aviation by 284.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock worth $27,000 after purchasing an additional 1,880 shares in the last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Joby Aviation during the fourth quarter worth $28,000. Pandora Wealth Inc. acquired a new position in Joby Aviation during the fourth quarter worth $32,000. Finally, DV Equities LLC bought a new position in Joby Aviation during the fourth quarter valued at about $33,000. Institutional investors and hedge funds own 52.85% of the company’s stock.

Analyst Upgrades and Downgrades

A number of analysts have weighed in on the company. Barclays raised Joby Aviation to a “hold” rating in a research report on Wednesday, July 29th. Morgan Stanley cut their price objective on Joby Aviation from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research note on Wednesday, May 6th. Canaccord Genuity Group reduced their target price on Joby Aviation from $15.50 to $11.50 and set a “hold” rating for the company in a report on Thursday, May 7th. Needham & Company LLC reaffirmed a “buy” rating and set a $18.00 target price on shares of Joby Aviation in a research report on Wednesday, May 6th. Finally, Weiss Ratings upgraded Joby Aviation from a “sell (e+)” rating to a “sell (d-)” rating in a report on Tuesday, July 14th. Two investment analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat, the company presently has an average rating of “Reduce” and an average target price of $13.64.

Insider Activity

In other Joby Aviation news, CEO Joeben Bevirt sold 421,019 shares of the company’s stock in a transaction that occurred on Friday, May 15th. The stock was sold at an average price of $10.38, for a total value of $4,370,177.22. Following the completion of the transaction, the chief executive officer owned 31,678,802 shares of the company’s stock, valued at $328,825,964.76. This represents a 1.31% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is available at this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul Cahill Sciarra sold 416,666 shares of the firm’s stock in a transaction that occurred on Thursday, May 28th. The stock was sold at an average price of $12.02, for a total value of $5,008,325.32. Following the completion of the sale, the director owned 55,911,391 shares of the company’s stock, valued at $672,054,919.82. This represents a 0.74% decrease in their position. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last ninety days, insiders sold 1,050,736 shares of company stock valued at $11,423,677. Corporate insiders own 20.35% of the company’s stock.

Joby Aviation News Summary

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

• Positive Sentiment: Joby reported second-quarter revenue of $38.64 million, well above the $30.20 million analyst consensus, and raised its FY 2026 revenue outlook to $115 million-$125 million versus the $111.3 million consensus estimate. Joby Aviation Beats Q2 Revenue Estimates, Raises FY Guidance
• Positive Sentiment: The company expects its first flights under the U.S. eVTOL Integration Pilot Program in Texas in September, an important step toward commercial service and validating its operating model. Joby Reports Second Quarter 2026 Financial Results
• Positive Sentiment: Joby partnered with Atoms to acquire and develop vertiport sites initially in Florida, New York and Texas. Building this infrastructure could support launch markets and improve the company’s readiness for commercial electric air-taxi operations. Atoms and Joby Aviation Form Strategic Partnership
• Neutral Sentiment: The revenue surge—up sharply year over year—comes from a very small prior-year base, so investors are likely focused more on aircraft certification, production and the timing of recurring commercial revenue than on the headline growth rate. The VTOL Infrastructure Race Is On
• Negative Sentiment: Joby posted a quarterly loss of $0.25 per share, missing the $0.23 consensus loss estimate. The company remains deeply unprofitable, and analysts expect a full-year loss of approximately $0.89 per share.
• Negative Sentiment: Despite the sales beat, investors remain concerned that regulatory certification and the commercial launch of Joby’s air-taxi service could take longer or cost more than expected. Those execution risks are keeping pressure on the stock, which remains below its 50-day and 200-day moving averages. Joby Stock Falls Despite a Sales Beat

Joby Aviation Stock Performance

NYSE:JOBY opened at $7.82 on Thursday. The firm’s 50-day moving average is $8.78 and its 200-day moving average is $9.65. The company has a market cap of $7.69 billion, a price-to-earnings ratio of -6.80 and a beta of 2.73. The company has a debt-to-equity ratio of 0.36, a quick ratio of 22.05 and a current ratio of 22.06. Joby Aviation, Inc. has a 52-week low of $6.63 and a 52-week high of $20.06.

Joby Aviation (NYSE:JOBY) last released its earnings results 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 the consensus estimate of $30.20 million. During the same quarter in the previous year, the business posted ($0.41) EPS. The firm’s quarterly revenue was up 257493.3% on a year-over-year basis. Equities research analysts anticipate that Joby Aviation, Inc. will post -0.89 earnings per share for the current year.

About Joby Aviation

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.