DeHoff Kate sold $85K of JOBY

Joby Aviation (NYSE:JOBY) raised full-year revenue guidance to $115 million to $125 million from $105 million to $115 million. Q2 cash use was about $202 million and GAAP net loss was $245 million, including a $108 million non-cash warrant and earn-out fair value change. For 2H 2026, it expects $385 million to $415 million cash use. The company said aircraft availability is a key constraint on Blade routes and outlined manufacturing, infrastructure, and JV plans with Toyota.

Joby Aviation (JOBY) announced a strategic partnership with Atoms, founded by former Uber CEO Travis Kalanick, to acquire and develop a network of air taxi vertiports in the US. Initial targets include Florida, New York, Texas, and California, tied to Joby’s eVTOL Integration Pilot Program launch. Joby said the sites will be multimodal hubs with charging power.

Joby Aviation (JOBY) reported Q2 2026 EPS of -$0.25, wider than the -$0.23 consensus, while revenue rose to $38.6M versus $29M consensus. Shares gained 5.5% after the Aug. 5 release. The company raised full-year 2026 revenue guidance to $115M-$125M and said first eIPP flights are expected in Texas in September.

Joby Aviation said it leased 45,000 sq ft at Alliance Air Trade Center in Haslet, Texas, for its first operational base. In its Aug. 5 Q2 shareholder letter, Joby stated it will begin piloted S4 routes in the Dallas-Fort Worth area in September under the FAA eVTOL Integration Pilot Program. The flights are intended to support FAA rulemaking.

Joby Aviation shares rose about 7% after the company raised its 2026 revenue outlook to $115 million to $125 million from prior guidance, citing stronger Blade business results and progress toward commercial operations. Joby said it is advancing FAA type certification, has aircraft in flight testing, plans eIPP demonstration flights in Texas in September, and targets first passengers in 2026. It reported $2.3 billion cash and expects H2 cash use of $385 million to $415 million.

Joby Aviation shares rose 5.8% after the company reported Q2 2026 revenue of $38.6M versus about $28.7M expected and raised full-year 2026 revenue guidance to $115M-$125M from $105M-$115M. Blade passenger revenue was about $36.2M. Joby reiterated eVTOL eIPP first flights targeted for September 2026 in Texas. Analysts at H.C. Wainwright and Needham kept Buy ratings and $18 and $15 targets.