Investors Purchase Large Volume of Call Options on Joby Aviation (NYSE:JOBY)

Joby Aviation, Inc. (NYSE:JOBY) was the target of some unusual options trading on Thursday. Stock traders purchased 40,845 call options on the company. This represents an increase of 20% compared to the average daily volume of 34,088 call options.

More Joby Aviation News

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

Analyst Upgrades and Downgrades

Several analysts have recently commented on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a research report on Thursday. Oppenheimer set a $18.00 price target on Joby Aviation in a research note on Thursday. HC Wainwright raised Joby Aviation from a “neutral” rating to a “buy” rating and set a $18.00 price target on the stock in a report on Thursday. Needham & Company LLC dropped their price objective on Joby Aviation to $18.00 and set a “buy” rating for the company in a research note on Thursday. Finally, Canaccord Genuity Group reiterated a “hold” rating and set a $15.50 target price on shares of Joby Aviation in a research report on Tuesday, February 3rd. Two equities research analysts have rated the stock with a Buy rating, four have issued a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and a consensus price target of $13.81.

Joby Aviation Stock Performance

Shares of Joby Aviation stock opened at $10.07 on Friday. The stock has a market cap of $9.18 billion, a price-to-earnings ratio of -8.84 and a beta of 2.57. The stock has a 50 day moving average price of $12.60 and a 200-day moving average price of $14.36. Joby Aviation has a one year low of $4.96 and a one year high of $20.95.

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

Insider Activity

In other Joby Aviation news, insider Kate Dehoff sold 8,539 shares of the business’s stock in a transaction dated Friday, February 13th. The stock was sold at an average price of $9.88, for a total transaction of $84,365.32. Following the completion of the sale, the insider owned 159,877 shares of the company’s stock, valued at approximately $1,579,584.76. The trade was a 5.07% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through the SEC website. Also, insider Gregory Bowles sold 11,530 shares of the stock in a transaction that occurred on Tuesday, February 24th. The stock was sold at an average price of $9.62, for a total transaction of $110,918.60. Following the completion of the sale, the insider directly owned 170,360 shares of the company’s stock, valued at $1,638,863.20. This represents a 6.34% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Over the last ninety days, insiders have sold 1,470,074 shares of company stock worth $16,083,913. Company insiders own 28.50% of the company’s stock.

Hedge Funds Weigh In On Joby Aviation

Several hedge funds have recently added to or reduced their stakes in JOBY. CWM LLC raised its position in Joby Aviation by 8.1% in the 2nd quarter. CWM LLC now owns 9,156 shares of the company’s stock worth $97,000 after purchasing an additional 689 shares during the period. GPS Wealth Strategies Group LLC grew its stake in shares of Joby Aviation by 22.5% during the third quarter. GPS Wealth Strategies Group LLC now owns 3,794 shares of the company’s stock valued at $61,000 after buying an additional 697 shares during the last quarter. Asset Planning Inc grew its stake in shares of Joby Aviation by 70.0% during the third quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after buying an additional 700 shares during the last quarter. GoalVest Advisory LLC raised its holdings in shares of Joby Aviation by 2.1% in the fourth quarter. GoalVest Advisory LLC now owns 33,500 shares of the company’s stock worth $442,000 after buying an additional 700 shares during the period. Finally, Thrivent Financial for Lutherans lifted its stake in shares of Joby Aviation by 4.6% during the 3rd quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock worth $270,000 after acquiring an additional 736 shares during the last quarter. 52.85% of the stock is currently owned by institutional investors.

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.