Archer (ACHR) and Joby (JOBY) Earnings Next Week: Cash Burn and Air Taxi Progress in Focus
Archer Aviation (ACHR) and Joby Aviation (JOBY) are set to report Q3 earnings, with investors focusing on cash burn and progress toward commercial air taxi operations. Archer expects a Q3 loss of $0.34 per share and adjusted EBITDA loss of $170M-$200M, while Joby anticipates a loss of $0.25 per share. Both companies have seen significant stock declines in 2023, with Archer down 48% and Joby down 64%. Analysts have mixed outlooks, with Archer rated Strong Buy and Joby Hold.
How this was made
The 30-second read
Why it matters
No new financial data is disclosed; the piece sets expectations for the upcoming earnings releases, which may drive short‑term price volatility.
Market read
Both tickers are likely to experience heightened trading activity around their earnings dates, with price moves driven by cash‑burn guidance and certification progress.
What to watch
Potential regulatory updates from the FAA and the timing of the Boeing/Wisk Aero deal could materially affect stock moves beyond the earnings numbers.
Background
The article is an earnings preview for Archer Aviation (ACHR) and Joby Aviation (JOBY), outlining expected losses, cash burn, and upcoming milestones.
Ticker impact
Archer Aviation is set to report Q3 results next week; investors will focus on cash burn, FAA certification and the pending Boeing/Wisk Aero acquisition.
likely pressure as the market prices in high cash burn and acquisition uncertainty; upside possible on a surprise earnings beat.
The article provides no new numbers, only expectations; traders may adjust positions based on the upcoming earnings surprise.
Joby Aviation will release Q3 earnings on November 4; focus will be on Blade revenue, cash burn, FAA certification progress and production ramp.
likely modest pressure unless earnings exceed expectations, in which case a short‑term rally could occur.
The piece is a preview with no fresh data, so impact hinges on the actual earnings surprise.
Market effects
Both companies are key players in the eVTOL sector; earnings outcomes may influence investor sentiment toward electric air‑taxi stocks broadly.
Limited to U.S. listed eVTOL equities; no broader regional effect.
Minimal global impact beyond the niche eVTOL market.
Counterpoint
If investors over‑weight cash‑burn concerns, a beat on revenue or certification milestones could trigger a short‑term rally.
Key entities
- companyArcher Aviation
U.S.-listed eVTOL operator preparing for Q3 earnings.
- companyJoby Aviation
U.S.-listed eVTOL operator preparing for Q3 earnings.
