Broker price-target reductions following an update can pressure sentiment and trading over the next few sessions, but it is not a company-specific earnings report in this item.
Morgan Stanley and Canaccord Cut Price Targets on Joby Aviation (JOBY) after Q1 Update Vardah Gill Tue, May 26, 2026 at 3:18 PM GMT+2 1 min read JOBY CF-PA. TO Joby Aviation, Inc. (NYSE: JOBY ) is included among the 10 Best Stocks Under $15 to Buy Right Now .
Morgan Stanley and Canaccord Cut Price Targets on Joby Aviation (JOBY) after Q1 Update Photo by Vitaly Taranov on Unsplash On May 7, Morgan Stanley analyst Kristine Liwag lowered the firm’s price recommendation on Joby Aviation, Inc. (NYSE:JOBY) to $13 from $15. She reiterated an Equal Weight rating on the shares.
The analyst said recent progress, especially around eIPP participation and public flight demonstrations, improved visibility into several important milestones expected in 2026. On the same day, Canaccord analyst Austin Moeller lowered the firm’s price goal on Joby Aviation to $11. 50 from $15.
50. The analyst maintained a Hold rating on the stock. The firm updated its model following the company’s Q1 results.
Management also reiterated its 2026 revenue outlook and first-half cash use guidance, supported by Joby’s $2. 5B cash position. Canaccord added that the company continued making progress in the Testing and Analysis stage of its FAA certification process.
Joby Aviation, Inc. (NYSE:JOBY) is a transportation company developing an all-electric vertical take-off and landing air taxi. The company focuses on designing and testing piloted all-electric eVTOL aircraft.
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