Joby Aviation (NYSE:JOBY) Trading Down 1.5% After Analyst Downgrade

Joby Aviation, Inc. (NYSE:JOBY) dropped 1.5% during trading on Friday after JPMorgan Chase & Co. lowered their price target on the stock from $8.00 to $7.00. JPMorgan Chase & Co. currently has an underweight rating on the stock. Joby Aviation traded as low as $9.81 and last traded at $10.0720. Approximately 27,499,874 shares were traded during trading, a decline of 7% from the average daily volume of 29,677,535 shares. The stock had previously closed at $10.23.

Other analysts have also issued research reports about the stock. HC Wainwright raised shares of Joby Aviation from a “neutral” rating to a “buy” rating and set a $18.00 price objective on the stock in a research report on Thursday. Zacks Research upgraded shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th. Canaccord Genuity Group reiterated a “hold” rating and issued a $15.50 price objective on shares of Joby Aviation in a research note on Tuesday, February 3rd. The Goldman Sachs Group started coverage on Joby Aviation in a report on Monday, December 1st. They set a “sell” rating and a $10.00 price objective for the company. Finally, Oppenheimer set a $18.00 target price on Joby Aviation in a research note on Thursday. Two equities research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Reduce” and a consensus target price of $13.81.

Insider Buying and Selling at Joby Aviation

In other Joby Aviation news, insider Didier Papadopoulos sold 6,366 shares of the firm’s stock in a transaction dated Tuesday, February 17th. The stock was sold at an average price of $9.74, for a total value of $62,004.84. Following the completion of the transaction, the insider owned 128,548 shares in the company, valued at $1,252,057.52. This trade represents a 4.72% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this hyperlink. Also, insider Eric Allison sold 9,815 shares of Joby Aviation stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $9.88, for a total value of $96,972.20. Following the transaction, the insider directly owned 713,268 shares of the company’s stock, valued at $7,047,087.84. The trade was a 1.36% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,470,074 shares of company stock worth $16,083,913 in the last three months. 28.50% of the stock is currently owned by corporate insiders.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Q4 results and 2026 revenue guide: Joby reported Q4 results with revenue well above estimates and provided 2026 revenue guidance of $105M–$115M, which investors viewed as proof of early commercial traction. Joby Aviation Incurs Loss in Q4, Beats Revenue Estimates
• Positive Sentiment: Uber partnership & commercial launch: Joby and Uber — a long-standing partner — are launching an aerial ride‑hailing service (first city: Dubai this year), a visible commercialization milestone that supports future revenue growth. The eVTOL Era is Beginning With Uber and Joby Aviation
• Positive Sentiment: Certification and first passenger flight timetable: Company updates and industry coverage report FAA certification progress and targets for first passenger flights in 2026 — a major operational milestone that de‑risks the timeline to revenue. Joby targets first passenger flights in 2026 as certification progress advances
• Positive Sentiment: Balance sheet / liquidity updates: Earnings commentary and coverage note that Joby has strengthened liquidity (including ~$1.8B raised), helping to extend runway while it scales production. That reduced immediate cash‑runway fears. Joby Aviation Inc (JOBY) Q4 2025 Earnings Call Highlights
• Neutral Sentiment: Analyst support with tempered near‑term EPS: HC Wainwright reiterated a Buy and $18 target while modeling quarterly EPS losses (~$0.20), which supports upside narrative but underscores ongoing negative earnings. HC Wainwright estimates / Buy rating
• Neutral Sentiment: Unusually heavy options activity: Large call buying was reported, indicating speculative/leverage flows that can amplify intraday moves but aren’t a fundamental read on valuation.
• Negative Sentiment: Sell‑side cut: JPMorgan reduced its price target to $7 and moved to Underweight, a notable negative signal from a major bank that may pressure sentiment and limit upside. JPMorgan cuts JOBY price target
• Negative Sentiment: Ongoing losses and valuation concerns: Coverage highlighting larger-than-expected losses and the tension between ambitious growth plans and current financial metrics keeps valuation risk top of mind for investors. Assessing Joby Aviation (JOBY) Valuation

Institutional Trading of Joby Aviation

Institutional investors and hedge funds have recently bought and sold shares of the company. Sowell Financial Services LLC bought a new stake in Joby Aviation during the third quarter valued at $663,000. Pier 88 Investment Partners LLC bought a new position in Joby Aviation in the 3rd quarter worth about $635,000. Voya Investment Management LLC raised its holdings in shares of Joby Aviation by 20.0% in the 3rd quarter. Voya Investment Management LLC now owns 1,150,050 shares of the company’s stock valued at $18,562,000 after acquiring an additional 192,064 shares in the last quarter. Valeo Financial Advisors LLC bought a new stake in shares of Joby Aviation during the 2nd quarter valued at about $461,000. Finally, Udine Wealth Management Inc. purchased a new position in shares of Joby Aviation during the third quarter worth about $1,414,000. 52.85% of the stock is currently owned by hedge funds and other institutional investors.

Joby Aviation Price Performance

The company has a fifty day moving average price of $12.60 and a 200 day moving average price of $14.36. The company has a market cap of $9.18 billion, a PE ratio of -8.84 and a beta of 2.57.

Joby Aviation (NYSE:JOBY) last announced its earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, beating the consensus estimate of ($0.20) by $0.06. The company had revenue of $30.84 million for the quarter, compared to the consensus estimate of $16.88 million. During the same quarter in the previous year, the firm earned ($0.34) earnings per share. The company’s revenue for the quarter was up 5506.5% compared to the same quarter last year. As a group, sell-side analysts predict that Joby Aviation, Inc. will post -0.69 EPS for the current fiscal year.

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.