Joby Aviation (NYSE:JOBY) Shares Up 1.1% – Time to Buy?

Joby Aviation, Inc. (NYSE:JOBY)’s stock price traded up 1.1% during mid-day trading on Wednesday . The stock traded as high as $10.39 and last traded at $10.1040. 24,042,794 shares changed hands during trading, a decline of 21% from the average session volume of 30,549,689 shares. The stock had previously closed at $9.99.

Joby Aviation News Roundup

Here are the key news stories impacting Joby Aviation this week:

• Positive Sentiment: Major production update: Joby says it is embedding ~200 Toyota engineers into its facilities and targeting a ramp to four aircraft per month by 2027 — a meaningful step toward reducing unit costs and proving manufacturability, which supports a longer‑term revenue path. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Positive Sentiment: Regulatory momentum: U.S. lawmakers are pressing the FAA to accelerate certification for electric air taxis, which could shorten the timeline and regulatory risk for Joby’s commercial launch if acted on favorably. Congress Wants FAA to Speed Electric Air Taxi Certification
• Neutral Sentiment: Balance sheet / financing: A recent ~$1B capital raise lifted cash above $1B and funds the Dayton facility and ramp — reducing near‑term solvency risk but creating dilution that pressured the stock earlier. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Negative Sentiment: Significant insider selling: CEO Joeben Bevirt disclosed a large sale (507,182 shares at ~\$9.91) and multiple other executives reported mid‑February sales. Large, high‑profile insider dispositions can be read as selling pressure or reduced insider conviction and often weighs on sentiment. CEO Form 4 filing
• Negative Sentiment: Clustered executive sales: Several other insiders (Bonny Simi, Eric Allison, Didier Papadopoulos, Gregory Bowles, Kate DeHoff) also reduced holdings in mid‑February; cumulative insider selling increases short‑term downside risk while Joby transitions to production. Sample insider Form 4 filing

Analyst Upgrades and Downgrades

JOBY has been the topic of a number of research reports. The Goldman Sachs Group began coverage on Joby Aviation in a research report on Monday, December 1st. They set a “sell” rating and a $10.00 price objective on the stock. HC Wainwright restated a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. JPMorgan Chase & Co. raised their price objective on shares of Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a report on Friday, October 31st. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research report on Thursday, January 22nd. Finally, Needham & Company LLC restated a “buy” rating and issued a $22.00 price target on shares of Joby Aviation in a research report on Thursday, November 6th. One analyst has rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company’s stock. According to data from MarketBeat.com, the company presently has a consensus rating of “Reduce” and a consensus target price of $13.21.

Joby Aviation Stock Performance

The business has a 50 day moving average of $13.30 and a two-hundred day moving average of $14.77. The firm has a market capitalization of $9.21 billion, a price-to-earnings ratio of -7.54 and a beta of 2.57.

Insider Buying and Selling

In other Joby Aviation news, insider Bonny W. Simi sold 8,652 shares of Joby Aviation stock in a transaction that occurred on Friday, February 13th. The shares were sold at an average price of $9.88, for a total transaction of $85,481.76. Following the transaction, the insider owned 144,443 shares of the company’s stock, valued at $1,427,096.84. This trade represents a 5.65% decrease in their position. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Joeben Bevirt sold 507,182 shares of Joby Aviation stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $9.91, for a total value of $5,026,173.62. Following the sale, the chief executive officer owned 31,876,802 shares in the company, valued at $315,899,107.82. This trade represents a 1.57% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,463,528 shares of company stock valued at $16,054,224 over the last 90 days. 32.40% of the stock is currently owned by company insiders.

Institutional Trading of Joby Aviation

A number of hedge funds and other institutional investors have recently bought and sold shares of the company. Royal Bank of Canada raised its stake in Joby Aviation by 110.5% in the first quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock valued at $512,000 after purchasing an additional 44,659 shares in the last quarter. AQR Capital Management LLC bought a new position in shares of Joby Aviation in the 1st quarter worth $273,000. Strs Ohio purchased a new stake in shares of Joby Aviation during the 1st quarter valued at $37,000. Vanguard Personalized Indexing Management LLC lifted its holdings in shares of Joby Aviation by 18.2% during the 2nd quarter. Vanguard Personalized Indexing Management LLC now owns 56,870 shares of the company’s stock worth $600,000 after acquiring an additional 8,750 shares during the last quarter. Finally, CWM LLC lifted its holdings in shares of Joby Aviation by 8.1% during the 2nd quarter. CWM LLC now owns 9,156 shares of the company’s stock worth $97,000 after acquiring an additional 689 shares during the last quarter. Institutional investors own 52.85% of the company’s stock.

About Joby Aviation

Joby Aviation Inc is an aerospace company focused on developing electric vertical takeoff and landing (eVTOL) aircraft for urban air mobility. The company’s core mission is to provide zero-emission aerial ridesharing services, combining the speed of helicopters with the cost efficiency and environmental benefits of electric propulsion. Joby’s eVTOL design emphasizes low noise profiles and high reliability, positioning the company to address congestion challenges in major metropolitan areas.

The company’s flagship aircraft is designed to carry a pilot and up to four passengers, offering point-to-point travel at speeds competitive with ground transportation.