Shares in electric vertical take-off and landing (eVTOL) company Joby Aviation (JOBY -3.45%) soared by 57.9% in July, according to data provided by S&P Global Market Intelligence. The move came largely after the news broke that Joby announced the expansion of its manufacturing site in California and, in doing so, doubled its aircraft production capacity.
Live Updates Live Coverage Has Ended Final Reaction 4:43 pm After a drastic drop immediatly after earnings, JOBY has been gaining momentum and only down 3.12% now. However, the quarter didn’t inspire any confidence for a stock that has been soaring over the past year. Period EPS Estimate EPS Actual Revenue Estimate Revenue Actual Q2 25 –$0.20 –$0.41 $59.6K $15K Sentiment: Weak — stock repriced post-rally as cash burn and timelines came into focus Focus Ahead: FAA TIA in 2025, Blade close, U.S. DoD demos in H2 Next Catalyst: Final certification phase + first delivery to Dubai What Changed This Quarter 4:36 pm EPS miss due to non-cash losses: $40.3M in stock issuance, $126M warrant revaluation Adj. EBITDA loss widened to –$131.6M (vs. –$107.2M YoY) Dubai air taxi campaign completed with real-world aircraft First FAA-conforming aircraft assembled — key 2025 target Blade acquisition adds launchpad for 2026 urban ops L3Harris program deepens military dual-use narrative Milestone & Strategy Update 4:32 pm Execution was strong, but JOBY remains valuation-sensitive given no near-term revenue lift or commercial flight date. Area Q2 2025 Status FAA Certification 70% complete (Joby side), 53% FAA side Dubai Launch Prep 21 full-transition test flights completed Aircraft Production First FAA-conforming aircraft assembled Blade Acquisition Signed deal for NY & Europe ops Defense (L3Harris) Hybrid-electric aircraft program launched Cash Balance $991M Guidance/ Updates 4:26 pm No formal financial guidance — business remains in pre-revenue milestone phase This quarter showcased operational progress — FAA cert, Dubai test flights, defense contracts — but investors wanted more tangible revenue clarity. With EPS missing by a wide margin and no material new commercial deals announced, JOBY’s red-hot YTD rally ran out of fuel post-print. “Regulatory progress is unlocking global access. Our commercialization strategy is unfolding, and we’re scaling production to meet real demand.”— JoeBen Bevirt, CEO The team emphasized production ramp (Marina/Dayton), Blade acquisition, Dubai success, and DoD collaboration — but avoided putting dates on initial passenger service. Earnings In and Joby Missed the Mark 4:12 pm While Joby hit impressive operational milestones this quarter — including Dubai test flights, FAA certification progress, and the Blade acquisition — the sharp EPS miss and minimal revenue signal continued distance from commercial scale. The market’s reaction reflects fatigue with milestone-only updates amid pre-revenue status. Metric Actual Estimate Beat/Miss EPS –$0.41 –$0.20 Miss Revenue $15,000 $59,600 Miss Joby Aviation is Down 3% Today 2:32 pm It’s a good day for tech stocks in general; the Nasdaq is up 1.2%. Yet, shares of Joby Aviation are down 3.1%. It’s worth noting that Archer Aviation is also down about 3.9%, so it might be money moving out of pre-revenue companies in the space. We’ll see if the drop today is just a blip or something concerning before the company announces earnings tonight. How JOBY Performed After Past Quarters 1:00 pm JOBY has missed EPS estimates in all four prior quarters, but price reaction has generally been positive. The stock tends to move on regulatory and milestone updates rather than financials. Quarter EPS Surprise 1-Day Move 7-Day Move 14-Day Move Q1 2025 –7.05% +3.58% +15.11% +32.71% Q4 2024 –0.76% +0.75% –1.19% –3.13% Q3 2024 –10.32% +0.59% +13.02% +57.79% Q2 2024 –1.46% +5.91% +4.89% +0.61% Joby Aviation (NYSE: JOBY) will report Q2 results after the close. With just $59,600 in projected revenue and a $0.20 per-share loss expected, the financials remain secondary to operational progress. Investors are focused on FAA certification milestones, commercial launch prep in Dubai, and updates on strategic partnerships with the U.S. military and U.K. government. JOBY has been one of the top stocks in the first half of 2025, up 142% year-to-date, but investors should be worried the stock has been overheated heading into Q2 earnings release. We’ll be updating this live blog with news and analysis right after Joby Aviation’s earnings hit the newswires. To receive updates, all you have to do is leave this page open, and updates will post automatically. What to Expect Revenue: $59.6 thousand EPS (Normalized): –$0.20 FY 2025 Revenue: $1.46 million FY 2025 EPS: –$0.63 Consensus implies a 900% YoY increase in full-year revenue off a small base. Key Areas to Watch FAA Type Certification and TIA testingJoby reiterated that it is “now 62% of the way through the FAA certification process” with its third aircraft now in flight testing. TIA (Test Inspection Authorization) remains on track over the next 12 months. Dubai air taxi launch and regulatory progressCEO JoeBen Bevirt confirmed that Joby will ship the first production aircraft to Dubai in Q3 ahead of an “early 2026” launch. The team has worked closely with Dubai’s GCAA to align certification timelines. Manufacturing capacity and U.S. expansionJoby is scaling production at its Marina, California facility and ramping up hiring at its Dayton, Ohio manufacturing site. Aircraft #4 and #5 are expected to begin production this quarter. U.S. DoD and U.K. military programsJoby completed its first multi-aircraft delivery to the U.S. Air Force in Q1 and expanded its Joint Test Plan with the DoD. The company was also selected as a preferred supplier for the U.K. Ministry of Defence’s Future Flight program. Sales strategy and Virgin Atlantic partnershipCFO Matt Field said the company is “exploring multiple revenue pathways,” including direct-to-consumer, partnerships, and government contracts. The Virgin Atlantic partnership remains in development for future U.K. deployment.The post Live: JOBY Earnings Tonight- Can It Stay Hot? appeared first on 24/7 Wall St..
Joby Aviation, Inc. (NYSE:JOBY ) Q2 2025 Earnings Conference Call August 6, 2025 5:00 PM ET Company Participants JoeBen Bevirt - Founder, CEO, Chief Architect, President & Director Paul Cahill Sciarra - Executive Chairman of the Board Rodrigo Brumana - Chief Financial Officer Teresa J. Thuruthiyil - Head of Investor Relations Conference Call Participants Amit Dayal - H.C.
Joby Aviation, Inc. (JOBY) came out with a quarterly loss of $0.24 per share versus the Zacks Consensus Estimate of a loss of $0.18. This compares to a loss of $0.18 per share a year ago.
Joby Aviation (NYSE: JOBY) garnered attention on August 4, 2025, when it announced plans to acquire Blade Air Mobility's passenger business for as much as $125 million, catalyzing a considerable stock rally that saw shares jump 19% on August 4 following the news. This strategic acquisition marks a key step in expediting Joby's journey to commercialization by providing immediate access to established urban air mobility infrastructure and a premium customer base.
Key Points in This Article: Joby Aviation (JOBY) acquired Blade Air Mobility's passenger business for $125 million to bolster its urban air mobility infrastructure and customer base.
Air taxi company Joby Aviation has reached an agreement to acquire the urban air mobility passenger business from Blade, the helicopter rideshare service, in a deal worth as much as $125 million.
Shares of Joby Aviation Inc (NYSE:JOBY) soared this morning after the company announced its acquisition of fellow aviation name Blade Air Mobility's (BLDE) helicopter ride-share business for $125 million.
In a powerful display of strategic execution, Joby Aviation NYSE: JOBY has seen its stock launch to all-time highs as investors have decided on the company's future. During the first days of August, shares surged in high-volume sessions, pushing the company's market capitalization to well over $14 billion on multiple occasions.
Are you ahead, or behind on retirement? SmartAsset's free tool can match you with a financial advisor in minutes to help you answer that today.
Rob Wiesenthal, Blade founder and CEO, and JoeBen Bevirt, Joby Aviation founder and CEO, join 'Squawk Box' to discuss the sale of Blade's passenger division to Joby Aviation, democratizing aviation, what the deal means for both companies going forward, and more.
Joby Aviation, which is developing electric aircraft, will acquire the passenger business of Blade, a New York helicopter operator, for $125 million.