Electric air taxi maker Joby Aviation's Q2 revenue beats, raises 2026 outlook
JOBY•Analyst coverage
The current average analyst rating on the shares is hold, with the breakdown showing 3 strong buy or buy, 5 hold, and 3 sell or strong sell ratings.
The average consensus recommendation for the aerospace & defense peer group is buy. Wall Street's median 12-month price target for Joby Aviation, Inc. is $11.54, about 44.8% above its August 4 closing price of $7.97.
Q2 revenue beats expectations
US electric air taxi developer Joby Aviation said its second-quarter revenue rose and beat analyst expectations.
The company reported Q2 revenue of $38.6 million, compared with the consensus estimate of $30.38 million from seven analysts. Q2 loss per share was $0.25.
Certification and manufacturing progress
The company highlighted progress on FAA certification and new strategic partnerships.
In its result drivers, Joby said:
- : Strong Blade performance generated in Q2 revenue, contributing to the higher full-year outlook.
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