Joby Aviation, Inc. (NYSE:JOBY) Stock Has Average Price Target of $12.72

Shares of Joby Aviation, Inc. (NYSE:JOBY) have received a consensus recommendation of “Reduce” from the ten brokerages that are covering the firm, MarketBeat reports. Four equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and two have issued a buy rating on the company. The average 1 year target price among analysts that have issued a report on the stock in the last year is $12.72.

JOBY has been the topic of several research analyst reports. Needham & Company LLC lowered their price target on Joby Aviation from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday, August 6th. Cantor Fitzgerald reissued a “neutral” rating on shares of Joby Aviation in a research note on Monday, September 21st. HC Wainwright restated a “buy” rating and issued a $18.00 price objective on shares of Joby Aviation in a report on Monday, September 21st. Barclays initiated coverage on Joby Aviation in a research note on Friday, October 9th. They set an “underweight” rating and a $4.00 target price for the company. Finally, Susquehanna set a $18.00 target price on Joby Aviation in a research note on Thursday, August 6th.

Joby Aviation Trading Up 4.7%

NYSE JOBY opened at $4.83 on Tuesday. Joby Aviation has a 12 month low of $4.43 and a 12 month high of $18.77. The company has a current ratio of 17.98, a quick ratio of 17.98 and a debt-to-equity ratio of 0.40. The company’s 50 day simple moving average is $6.63 and its 200 day simple moving average is $8.22.

Joby Aviation (NYSE:JOBY) last announced its earnings results on Wednesday, August 5th. The company reported ($0.25) EPS for the quarter, missing the consensus estimate of ($0.23) by ($0.02). The firm had revenue of $38.64 million for the quarter, compared to the consensus estimate of $30.20 million. Joby Aviation had a negative return on equity of 55.29% and a negative net margin of 755.11%. Joby Aviation’s revenue for the quarter was up 257493.3% on a year-over-year basis. During the same period in the previous year, the firm earned ($0.41) EPS. On average, analysts anticipate that Joby Aviation will post -1.00 EPS for the current year.

More Joby Aviation News

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

• Positive Sentiment: Some market commentators continue to view Joby as an attractive speculative opportunity before its first paying passenger flight. Supportive factors include progress toward commercial operations, flights in Texas, a manufacturing relationship with Toyota and the possibility that regulatory approval could significantly improve the company’s valuation. 1 eVTOL Stock to Buy Before the First Paying Passenger Takes Off
• Positive Sentiment: Joby was highlighted as a potential value pick outside the artificial-intelligence trade, which may be supporting interest from investors looking for beaten-down growth stocks. The bullish case remains tied to the company eventually securing certification and building a scalable air-taxi business. Only 20 Stocks Are Holding Up the Market: 3 Bargains Outside AI
• Neutral Sentiment: Joby will release third-quarter 2026 results after the market closes on November 4 and hold an investor webcast afterward. The announcement itself provides no financial update, but the report should offer insight into cash usage, production progress and certification timing. Joby Aviation to Report Third Quarter 2026 Financial Results
• Neutral Sentiment: Insiders Eric Allison and Kate Dehoff sold shares to cover tax-withholding obligations tied to vested equity awards. Although the transactions reduced their holdings, the stated purpose makes them a limited signal of management’s view of Joby’s prospects. Joby Aviation Insider Selling
• Negative Sentiment: FAA certification is now viewed as potentially slipping into late 2027 or early 2028, delaying Joby’s commercial ramp. The company’s approximately $2.3 billion cash balance provides runway, but continued losses and cash burn increase the risk that commercialization will require additional funding. The Resonant Sciences acquisition adds defense exposure but may dilute focus on the core eVTOL strategy. Joby Aviation: A Compelling Opportunity, But Patience Is Required
• Negative Sentiment: Barclays cut its price target from $6 to $4 and assigned an Underweight rating following an October legal verdict. Analysts remain divided, with concerns about competition, financing needs, manufacturing scalability and valuation weighing against the long-term air-taxi opportunity. Joby Aviation Stock Gets Fair Value Trim

Insider Transactions at Joby Aviation

In other news, insider Eric Allison sold 27,593 shares of the firm’s stock in a transaction dated Tuesday, October 13th. The shares were sold at an average price of $5.09, for a total transaction of $140,448.37. Following the completion of the transaction, the insider owned 745,120 shares in the company, valued at approximately $3,792,660.80. This trade represents a 3.57% decrease in their position. The transaction was disclosed in a document filed with the SEC, which is accessible through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO JoeBen Bevirt sold 15,789 shares of Joby Aviation stock in a transaction that occurred on Friday, October 2nd. The stock was sold at an average price of $5.95, for a total transaction of $93,944.55. Following the completion of the transaction, the chief executive officer directly owned 254,519 shares in the company, valued at $1,514,388.05. This represents a 5.84% decrease in their position. The SEC filing for this sale provides additional information. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Insiders sold 955,128 shares of company stock valued at $6,029,465 in the last quarter. 20.35% of the stock is owned by company insiders.

Institutional Trading of Joby Aviation

Institutional investors and hedge funds have recently added to or reduced their stakes in the business. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new position in Joby Aviation in the fourth quarter worth approximately $28,000. Ancora Advisors LLC bought a new position in shares of Joby Aviation in the second quarter valued at $27,000. Leonteq Securities AG lifted its position in shares of Joby Aviation by 295.2% during the 1st quarter. Leonteq Securities AG now owns 4,351 shares of the company’s stock valued at $36,000 after acquiring an additional 3,250 shares during the last quarter. Western Wealth Management LLC acquired a new stake in shares of Joby Aviation during the 1st quarter valued at $37,000. Finally, Geneos Wealth Management Inc. lifted its position in shares of Joby Aviation by 95.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,385 shares of the company’s stock valued at $44,000 after acquiring an additional 2,630 shares during the last quarter. 52.85% of the stock is owned by institutional investors and hedge funds.

Joby Aviation Company Profile

Joby Aviation, Inc (NYSE: JOBY) is an aviation company developing all-electric vertical takeoff and landing (eVTOL) aircraft for commercial passenger transportation. Its aircraft are designed to take off and land vertically like a helicopter while providing quieter, lower-emission transportation for short urban and regional trips.

The company is pursuing an integrated air-taxi business model that includes designing and manufacturing its aircraft, operating passenger services, and developing the software and infrastructure needed to support aerial mobility.