Joby Aviation (NYSE:JOBY) Rating Lowered to “Strong Sell” at Wall Street Zen

by · The Markets Daily

Joby Aviation (NYSE:JOBY – Get Free Report) was downgraded by Wall Street Zen from a “sell” rating to a “strong sell” rating in a report released on Saturday.

Several other equities research analysts have also recently commented on the company. Susquehanna set a $18.00 price target on Joby Aviation in a research note on Thursday. Morgan Stanley lowered their price objective on shares of Joby Aviation from $15.00 to $13.00 and set an “equal weight” rating on the stock in a research report on Wednesday, May 6th. Barclays raised shares of Joby Aviation to a “hold” rating in a research note on Wednesday, July 29th. Canaccord Genuity Group cut their price objective on shares of Joby Aviation from $15.50 to $11.50 and set a “hold” rating for the company in a research report on Thursday, May 7th. Finally, HC Wainwright restated a “buy” rating on shares of Joby Aviation in a research note on Thursday. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. According to data from MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus price target of $13.81.

Check Out Our Latest Research Report on Joby Aviation

Joby Aviation Stock Performance

Shares of JOBY opened at $8.62 on Friday. The company has a market capitalization of $8.48 billion, a price-to-earnings ratio of -8.71 and a beta of 2.73. Joby Aviation has a 52-week low of $6.63 and a 52-week high of $19.98. The company has a quick ratio of 22.05, a current ratio of 22.06 and a debt-to-equity ratio of 0.36. The stock has a 50 day moving average price of $8.64 and a 200 day moving average price of $9.55.

Joby Aviation (NYSE:JOBY – Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported ($0.25) EPS for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.02). The firm had revenue of $38.64 million for the quarter, compared to analyst estimates of $30.20 million. Joby Aviation had a negative return on equity of 58.65% and a negative net margin of 755.11%.The firm’s revenue for the quarter was up 257493.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.41) EPS. Research analysts predict that Joby Aviation will post -0.92 EPS for the current fiscal year.

Insider Activity

In other news, CEO Joeben Bevirt sold 421,019 shares of Joby Aviation stock in a transaction dated Friday, May 15th. The shares were sold at an average price of $10.38, for a total transaction of $4,370,177.22. Following the completion of the sale, the chief executive officer directly owned 31,678,802 shares in the company, valued at $328,825,964.76. The trade was a 1.31% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is available through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, Director Paul Cahill Sciarra sold 416,666 shares of the business’s stock in a transaction that occurred on Thursday, May 28th. The shares were sold at an average price of $12.02, for a total transaction of $5,008,325.32. Following the completion of the transaction, the director directly owned 55,911,391 shares of the company’s stock, valued at approximately $672,054,919.82. This represents a 0.74% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last three months, insiders sold 1,050,736 shares of company stock worth $11,423,677. 20.35% of the stock is owned by corporate insiders.

Institutional Trading of Joby Aviation

A number of hedge funds have recently added to or reduced their stakes in the business. Lingotto Investment Management LLP grew its holdings in shares of Joby Aviation by 34.2% in the 4th quarter. Lingotto Investment Management LLP now owns 3,138,240 shares of the company’s stock valued at $41,425,000 after buying an additional 799,260 shares during the period. DNB Asset Management AS raised its stake in Joby Aviation by 16.3% during the 4th quarter. DNB Asset Management AS now owns 366,281 shares of the company’s stock worth $4,835,000 after buying an additional 51,344 shares during the period. Vanguard Group Inc. lifted its holdings in Joby Aviation by 5.1% during the fourth quarter. Vanguard Group Inc. now owns 52,488,707 shares of the company’s stock worth $692,851,000 after acquiring an additional 2,540,382 shares in the last quarter. Norges Bank bought a new position in Joby Aviation during the fourth quarter worth about $32,269,000. Finally, SummitTX Capital L.P. acquired a new position in Joby Aviation in the first quarter valued at about $1,127,000. 52.85% of the stock is owned by institutional investors and hedge funds.

Key Stories Impacting Joby Aviation

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

  • Positive Sentiment: Joby reported second-quarter revenue of $38.64 million, well above the $30.20 million analyst consensus, while raising its 2026 revenue outlook to $115 million-$125 million from expectations of approximately $111.3 million. JOBY Shares Gain Since Second-Quarter 2026 Revenues Beat
  • Positive Sentiment: The Blade helicopter business generated $36.2 million in quarterly revenue, providing Joby with an operating business and evidence of passenger demand while its electric aircraft program advances. Joby Reports Stronger Quarter
  • Positive Sentiment: Joby said its aircraft program has reached the fifth and final stage of FAA certification, is ramping production ahead of an eVTOL pilot program, and is moving closer to commercial flights in Texas. These milestones improve the prospect of future aircraft deliveries and service revenue. Joby Ramps Up Aircraft Production
  • Positive Sentiment: Partnerships with Atoms to develop a nationwide vertiport network and a new 45,000-square-foot Texas facility strengthen the infrastructure supporting Joby’s planned air-taxi launch. Atoms and Joby Partner on Vertiports
  • Neutral Sentiment: Analysts remain generally constructive, but Needham reduced its price target to $15 while retaining a Buy rating, reflecting upside potential alongside execution and timing risks. Needham Lowers Joby Price Target
  • Negative Sentiment: Joby’s adjusted loss of $0.25 per share was slightly worse than the $0.23 estimate, and the company reported a $245 million net loss. Investors continue to watch certification, production execution and the timing of commercial service before assigning greater value to the long-term opportunity. Joby Stock Falls Despite a Sales Beat

About Joby Aviation

(Get Free Report)

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.

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