Equity Profile

JOBY

Joby Aviation, Inc.

IndustrialsPassenger Airlines$8.2B

Aug5Wed

Pre-Earnings Brief

UpcomingQ2-2026After Close5:00 PM EDT

Company Snapshot

Joby Aviation, Inc. is a company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and can influence investor sentiment.

N/A

Revenue

Revenue growth is crucial for assessing the company's market traction and operational success.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

JOBY Q2-2026 Earnings Preview

Context

Company Snapshot

Joby Aviation, Inc. is a company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. As part of the industrials sector, it aims to revolutionize passenger transport, tapping into themes of sustainability and innovation in aviation.

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-33.06%

Avg Stock Reaction

-0.41%

Last Quarter Recap

In Q1 2026, Joby reported an EPS of -$0.12, outperforming expectations by 41.75%. However, revenue details were not provided, leading to a slight decline in stock price the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Joby's upcoming earnings, especially after a recent EPS beat. However, the lack of revenue guidance adds uncertainty.

Bull Case

If Joby continues to beat EPS estimates and provides positive news on operational progress, it could signal strong demand for its eVTOL technology.

Bear Case

On the other hand, if the company fails to provide concrete revenue figures or guidance, it may raise concerns about its growth trajectory and market viability.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the company's projected revenue for Q2 2026?

Revenue figures will be critical in assessing Joby's growth potential and market demand for its eVTOL services.

Will management provide any updates on regulatory approvals or operational milestones?

Progress in these areas is essential for validating Joby's business model and timeline for commercial launch.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for Joby to secure significant revenue from early partnerships and regulatory approvals.

Supporting Evidence

Joby's recent EPS beats indicate operational improvements that could translate into revenue growth.

The options market is pricing a larger move than historical averages, suggesting that investors expect significant news.

Joby's technological advancements may position it ahead of competitors in the emerging eVTOL market.

Key Risk

If Joby announces a major partnership or regulatory approval, it could significantly shift market sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is currently weighing Joby's ability to convert technological advancements into tangible revenue.

Bull Confirmed If

A revenue figure exceeding $10 million would confirm strong market demand and operational success.

Bear Confirmed If

If revenue falls below $5 million, it would raise significant concerns about the company's growth prospects.

Pre-Earnings Positioning

Options Market

Implied Move

±31.83%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±31.8% while JOBY has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.8%

30d HV

83.0%

Calls (5.8M)P/C Ratio: 0.29Puts (955K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Joby beats expectations and raises guidance, history suggests the stock could rise by around 1.73%, confirming positive market sentiment.

In-Line / Cautious

If results are in line but management is cautious, the stock may experience a muted response, reflecting uncertainty.

Miss

A miss on earnings could lead to a drop, with historical data suggesting an average decline of 0.31%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on partnerships or customer contracts for eVTOL services.
2Details on regulatory progress and timelines for commercial operations.
3Insights into production capacity and supply chain developments.
4Management's outlook on market demand for urban air mobility solutions.
5Any commentary on competitive landscape and differentiation strategies.

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Company Snapshot

Joby Aviation, Inc. is a company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility....

Key Metrics to Watch

EPS

Earnings per share is a key indicator of profitability and can influence investor sentiment.

N/A

Revenue

Revenue growth is crucial for assessing the company's market traction and operational success.

N/A

Wall Street expectations, options signals, track record, and call prep available with Pro.

JOBY Q2-2026 Earnings Preview

Context

Company Snapshot

Earnings Scorecard·Last 8Q

EPS Beat Streak

EPS Beat Rate

38%

Avg EPS Surprise

-33.06%

Avg Stock Reaction

-0.41%

Last Quarter Recap

In Q1 2026, Joby reported an EPS of -$0.12, outperforming expectations by 41.75%. However, revenue details were not provided, leading to a slight decline in stock price the following day.

Management Promises & Guidance

Expectations

Wall Street Expectations

Investors are cautiously optimistic about Joby's upcoming earnings, especially after a recent EPS beat. However, the lack of revenue guidance adds uncertainty.

Bull Case

If Joby continues to beat EPS estimates and provides positive news on operational progress, it could signal strong demand for its eVTOL technology.

Bear Case

On the other hand, if the company fails to provide concrete revenue figures or guidance, it may raise concerns about its growth trajectory and market viability.

Expectations

Two Questions That Matter

The print will turn on these two things.

What is the company's projected revenue for Q2 2026?

Revenue figures will be critical in assessing Joby's growth potential and market demand for its eVTOL services.

Will management provide any updates on regulatory approvals or operational milestones?

Progress in these areas is essential for validating Joby's business model and timeline for commercial launch.

Edge

What the Street Is Missing

Why consensus could be wrong

The Street may be underestimating the potential for Joby to secure significant revenue from early partnerships and regulatory approvals.

Supporting Evidence

Joby's recent EPS beats indicate operational improvements that could translate into revenue growth.

The options market is pricing a larger move than historical averages, suggesting that investors expect significant news.

Joby's technological advancements may position it ahead of competitors in the emerging eVTOL market.

Key Risk

If Joby announces a major partnership or regulatory approval, it could significantly shift market sentiment.

Edge

Thesis-Break Levels

Pre-commit to what would confirm each case.

The market is currently weighing Joby's ability to convert technological advancements into tangible revenue.

Bull Confirmed If

A revenue figure exceeding $10 million would confirm strong market demand and operational success.

Bear Confirmed If

If revenue falls below $5 million, it would raise significant concerns about the company's growth prospects.

Pre-Earnings Positioning

Options Market

Implied Move

±31.83%

Historical Avg

±2.1%

Pricing rich

The options market is pricing in a significant potential move in either direction, indicating heightened uncertainty or anticipation around the earnings report.

Options are pricing ±31.8% while JOBY has averaged ±2.1% over the last 8 prints — setup is pricing rich.

Detail

ATM IV

0.8%

30d HV

83.0%

Calls (5.8M)P/C Ratio: 0.29Puts (955K)

Preparation

Post-Print Playbook

Likely market behavior by outcome — not investment advice.

Beat & Raise

If Joby beats expectations and raises guidance, history suggests the stock could rise by around 1.73%, confirming positive market sentiment.

In-Line / Cautious

If results are in line but management is cautious, the stock may experience a muted response, reflecting uncertainty.

Miss

A miss on earnings could lead to a drop, with historical data suggesting an average decline of 0.31%.

Earnings Track Record

Preparation

What to Listen For

Call Prep

1Any updates on partnerships or customer contracts for eVTOL services.
2Details on regulatory progress and timelines for commercial operations.
3Insights into production capacity and supply chain developments.
4Management's outlook on market demand for urban air mobility solutions.
5Any commentary on competitive landscape and differentiation strategies.