Joby Aviation (NYSE:JOBY) Shares Down 2.9% – What’s Next?

21 Jan 2026, 20:16 by Renee Jackson · The Cerbat Gem

Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) shares traded down 2.9% on Wednesday . The company traded as low as $13.73 and last traded at $14.2950. 27,372,140 shares changed hands during trading, a decline of 0% from the average session volume of 27,439,244 shares. The stock had previously closed at $14.72.

Analysts Set New Price Targets

A number of equities analysts have issued reports on the stock. Morgan Stanley raised their price objective on shares of Joby Aviation from $7.00 to $15.00 and gave the company an “equal weight” rating in a research note on Thursday, October 9th. Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research note on Wednesday, October 8th. Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. JPMorgan Chase & Co. boosted their target price on Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a research report on Friday, October 31st. Finally, The Goldman Sachs Group started coverage on shares of Joby Aviation in a research report on Monday, December 1st. They issued a “sell” rating and a $10.00 price target on the stock. One research analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Reduce” and an average price target of $13.43.

Check Out Our Latest Stock Report on JOBY

Joby Aviation Trading Down 2.9%

The company has a fifty day moving average price of $14.48 and a two-hundred day moving average price of $15.33. The firm has a market cap of $13.03 billion, a P/E ratio of -10.67 and a beta of 2.56.

Joby Aviation (NYSE:JOBY – Get Free Report) last announced its earnings results on Wednesday, November 5th. The company reported ($0.48) EPS for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The business had revenue of $22.57 million for the quarter, compared to analysts’ expectations of $0.02 million. During the same quarter in the prior year, the business earned ($0.21) EPS. The business’s revenue for the quarter was up 7962.1% on a year-over-year basis. As a group, sell-side analysts expect that Joby Aviation, Inc. will post -0.69 EPS for the current year.

Insiders Place Their Bets

In other Joby Aviation news, insider Gregory Bowles sold 5,383 shares of the business’s stock in a transaction that occurred on Wednesday, January 14th. The stock was sold at an average price of $14.72, for a total value of $79,237.76. Following the sale, the insider owned 162,674 shares in the company, valued at approximately $2,394,561.28. The trade was a 3.20% decrease in their position. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. Also, CEO Joeben Bevirt sold 23,552 shares of the business’s stock in a transaction on Friday, January 2nd. The stock was sold at an average price of $13.51, for a total transaction of $318,187.52. Following the completion of the sale, the chief executive officer directly owned 288,814 shares in the company, valued at approximately $3,901,877.14. This represents a 7.54% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 289,556 shares of company stock worth $4,052,822 in the last ninety days. 32.40% of the stock is owned by insiders.

Institutional Investors Weigh In On Joby Aviation

Large investors have recently made changes to their positions in the stock. CWM LLC lifted its stake in Joby Aviation by 8.1% in the second quarter. CWM LLC now owns 9,156 shares of the company’s stock valued at $97,000 after acquiring an additional 689 shares during the last quarter. GPS Wealth Strategies Group LLC raised its holdings in shares of Joby Aviation by 22.5% in the 3rd quarter. GPS Wealth Strategies Group LLC now owns 3,794 shares of the company’s stock valued at $61,000 after purchasing an additional 697 shares during the period. Asset Planning Inc lifted its stake in Joby Aviation by 70.0% in the 3rd quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after purchasing an additional 700 shares during the last quarter. GoalVest Advisory LLC grew its holdings in Joby Aviation by 2.1% during the fourth quarter. GoalVest Advisory LLC now owns 33,500 shares of the company’s stock worth $442,000 after purchasing an additional 700 shares during the period. Finally, Thrivent Financial for Lutherans increased its position in Joby Aviation by 4.6% during the third quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock worth $270,000 after buying an additional 736 shares during the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.

Joby Aviation Company Profile

(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.