A month has gone by since the last earnings report for Joby Aviation, Inc. (JOBY). Shares have added about 13.7% in that time frame, outperforming the S&P 500.
Will the recent positive trend continue leading up to its next earnings release, or is Joby Aviation, Inc. due for a pullback? Before we dive into how investors and analysts have reacted as of late, let's take a quick look at its most recent earnings report in order to get a better handle on the important drivers.
How Have Estimates Been Moving Since Then?
It turns out, fresh estimates flatlined during the past month.
VGM Scores
Currently, Joby Aviation, Inc. has a poor Growth Score of F, however its Momentum Score is doing a lot better with an A. However, the stock was allocated a grade of F on the value side, putting it in the lowest quintile for this investment strategy.
Overall, the stock has an aggregate VGM Score of F. If you aren't focused on one strategy, this score is the one you should be interested in.
Outlook
Joby Aviation, Inc. has a Zacks Rank #3 (Hold). We expect an in-line return from the stock in the next few months.
Performance of an Industry Player
Joby Aviation, Inc. is part of the Zacks Transportation - Airline industry. Over the past month, SkyWest (SKYW), a stock from the same industry, has gained 0.8%. The company reported its results for the quarter ended March 2025 more than a month ago.
SkyWest reported revenues of $948.46 million in the last reported quarter, representing a year-over-year change of +18%. EPS of $2.42 for the same period compares with $1.45 a year ago.
SkyWest is expected to post earnings of $2.31 per share for the current quarter, representing a year-over-year change of +26.9%. Over the last 30 days, the Zacks Consensus Estimate remained unchanged.
SkyWest has a Zacks Rank #2 (Buy) based on the overall direction and magnitude of estimate revisions. Additionally, the stock has a VGM Score of A.
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Joby Aviation, Inc. (JOBY): Free Stock Analysis Report SkyWest, Inc. (SKYW): Free Stock Analysis ReportThis article originally published on Zacks Investment Research (zacks.com).
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