Joby Aviation (NYSE:JOBY) Shares Down 1.5% Following Analyst Downgrade

Joby Aviation, Inc. (NYSE:JOBY)’s share price was down 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 changed hands during trading, a decline of 7% from the average daily volume of 29,677,535 shares. The stock had previously closed at $10.23.

A number of other equities analysts also recently commented on JOBY. Canaccord Genuity Group restated a “hold” rating and set a $15.50 price objective on shares of Joby Aviation in a research report on Tuesday, February 3rd. Needham & Company LLC dropped their price target on shares of Joby Aviation to $18.00 and set a “buy” rating on the stock in a research note on Thursday. HC Wainwright upgraded shares of Joby Aviation from a “neutral” rating to a “buy” rating and set a $18.00 price objective for the company in a research report on Thursday. Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Finally, The Goldman Sachs Group started coverage on Joby Aviation in a research note on Monday, December 1st. They set a “sell” rating and a $10.00 target price for the company. Two analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the company. According to MarketBeat.com, the company currently has an average rating of “Reduce” and an average target price of $13.81.

Insider Transactions at Joby Aviation

In other news, insider Gregory Bowles sold 11,530 shares of Joby Aviation stock in a transaction that occurred on Tuesday, February 24th. The shares were 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 in the company, valued at approximately $1,638,863.20. This trade represents a 6.34% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through the SEC website. Also, CEO Joeben Bevirt sold 63,636 shares of the business’s stock in a transaction that occurred on Tuesday, February 17th. The stock was sold at an average price of $9.91, for a total value of $630,632.76. Following the sale, the chief executive officer directly owned 246,006 shares in the company, valued at $2,437,919.46. This trade represents a 20.55% decrease in their position. The SEC filing for this sale provides additional information. Over the last three months, insiders have sold 1,470,074 shares of company stock valued at $16,083,913. 28.50% of the stock is owned by company insiders.

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

Institutional Trading of Joby Aviation

Institutional investors have recently bought and sold shares of the company. Sunbelt Securities Inc. increased its position in shares of Joby Aviation by 16.1% in the fourth quarter. Sunbelt Securities Inc. now owns 13,725 shares of the company’s stock valued at $181,000 after buying an additional 1,900 shares in the last quarter. Invesco Ltd. grew its stake in Joby Aviation by 33.3% in the 4th quarter. Invesco Ltd. now owns 1,205,957 shares of the company’s stock valued at $15,919,000 after acquiring an additional 301,335 shares during the last quarter. Axxcess Wealth Management LLC grew its stake in Joby Aviation by 58.9% in the 4th quarter. Axxcess Wealth Management LLC now owns 19,400 shares of the company’s stock valued at $256,000 after acquiring an additional 7,188 shares during the last quarter. Corient Private Wealth LLC increased its holdings in Joby Aviation by 244.0% during the 4th quarter. Corient Private Wealth LLC now owns 99,396 shares of the company’s stock valued at $1,312,000 after acquiring an additional 70,502 shares in the last quarter. Finally, Strive Financial Group LLC acquired a new position in Joby Aviation during the fourth quarter worth about $72,000. 52.85% of the stock is currently owned by hedge funds and other institutional investors.

Joby Aviation Stock Down 1.5%

The firm’s fifty day simple moving average is $12.60 and its 200-day simple moving average is $14.33. 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 issued its quarterly earnings data on Wednesday, February 25th. The company reported ($0.14) earnings per share for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.06. The business had revenue of $30.84 million for the quarter, compared to analysts’ expectations of $16.88 million. During the same period last year, the business earned ($0.34) earnings per share. The company’s revenue for the quarter was up 5506.5% on a year-over-year basis. On average, analysts predict that Joby Aviation, Inc. will post -0.69 earnings per share for the current 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.