For the second quarter of 2026, analysts expect Joby Aviation to report a loss of $0.23 per share on revenue of $29.1 million, as the stock trades near $7.29 compared to a consensus price target of $11.83.
The single most critical factor for investors is the company’s progress in Stage 5 of the FAA Type Certification process, specifically the commencement of "for-credit" flight testing with FAA pilots.
This report follows a pivotal quarter where Joby transitioned from design validation to production-representative aircraft evaluations using its first conforming aircraft. While the company maintains a robust cash position of approximately $2.5 billion, the focus remains on the rate of cash burn as manufacturing scales in Marina and Dayton ahead of planned 2027 commercial service.