Joby Aviation (NYSE:JOBY) Upgraded by Wall Street Zen to Sell Rating

Wall Street Zen upgraded shares of Joby Aviation (NYSE:JOBY) from a strong sell rating to a sell rating in a research note published on Saturday morning.

A number of other equities research analysts also recently weighed in on JOBY. HC Wainwright reaffirmed a “buy” rating and set a $18.00 price objective on shares of Joby Aviation in a report on Thursday, March 12th. Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Oppenheimer set a $18.00 target price on Joby Aviation in a research report on Thursday, February 26th. Canaccord Genuity Group reaffirmed a “hold” rating and issued a $15.50 price target on shares of Joby Aviation in a research note on Tuesday, February 3rd. Finally, JPMorgan Chase & Co. decreased their price target on Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a research note on Thursday, February 26th. 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, Joby Aviation has an average rating of “Reduce” and a consensus target price of $13.81.

Joby Aviation Stock Performance

NYSE:JOBY opened at $9.23 on Friday. The company has a 50-day moving average of $9.39 and a 200-day moving average of $12.93. Joby Aviation has a 52 week low of $5.61 and a 52 week high of $20.95. The company has a market capitalization of $8.41 billion, a price-to-earnings ratio of -8.09 and a beta of 2.68.

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

Insider Activity

In other news, insider Gregory Bowles sold 4,720 shares of Joby Aviation stock in a transaction that occurred on Monday, April 6th. The shares were sold at an average price of $8.76, for a total value of $41,347.20. Following the completion of the transaction, the insider owned 178,470 shares in the company, valued at approximately $1,563,397.20. The trade was a 2.58% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Kate Dehoff sold 14,295 shares of the business’s stock in a transaction that occurred on Tuesday, April 14th. The stock was sold at an average price of $8.73, for a total value of $124,795.35. Following the completion of the transaction, the insider directly owned 163,567 shares in the company, valued at $1,427,939.91. The trade was a 8.04% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. In the last three months, insiders sold 1,774,220 shares of company stock valued at $17,386,938. Corporate insiders own 28.50% of the company’s stock.

Hedge Funds Weigh In On Joby Aviation

Institutional investors have recently bought and sold shares of the business. GPS Wealth Strategies Group LLC boosted its stake in Joby Aviation by 22.5% in the third quarter. GPS Wealth Strategies Group LLC now owns 3,794 shares of the company’s stock worth $61,000 after purchasing an additional 697 shares in the last quarter. Asset Planning Inc increased its stake in shares of Joby Aviation by 70.0% in 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 in the last quarter. GoalVest Advisory LLC increased its stake 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 valued at $442,000 after buying an additional 700 shares in the last quarter. Thrivent Financial for Lutherans raised its holdings in shares of Joby Aviation by 4.6% in the third quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock valued at $270,000 after buying an additional 736 shares during the last quarter. Finally, Compagnie Lombard Odier SCmA raised its holdings in shares of Joby Aviation by 15.3% in the third quarter. Compagnie Lombard Odier SCmA now owns 5,765 shares of the company’s stock valued at $93,000 after buying an additional 765 shares during the last quarter. Institutional investors own 52.85% of the company’s stock.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Joby struck an AI airspace partnership with Airspace Systems/ASI to scale eVTOL operations, a deal cited by markets as the immediate catalyst for a strong intraday uptick in the stock; it signals improved operational control and traffic management as Joby ramps commercial flights. Joby Aviation (JOBY) Is Up 11.4% After AI Airspace Deal With ASI To Scale eVTOL Operations
• Positive Sentiment: Skyports completed the first vertiport for Joby’s Dubai air taxi network — tangible infrastructure deployment ahead of planned commercial service in the UAE, reducing execution risk for the initial market launch. Skyports Completes First Vertiport For Joby’s Dubai Air Taxi Network
• Positive Sentiment: Dubai Airport opened what it calls the world’s first commercial air-taxi vertiport — further validation that Joby’s first-market strategy (UAE) is progressing and could deliver early revenue and PR momentum. Dubai Airport establishes ‘world’s first’ commercial air taxi vertiport
• Positive Sentiment: Joby expects to commence air-taxi operations later this year (first market likely UAE, then the U.S.), a timeline that makes revenue realization and regulatory milestones near-term catalysts. Is Joby Aviation Stock a Millionaire Maker?
• Positive Sentiment: Seeking Alpha notes Joby’s progress in the FAA eIPP program and manufacturing ramp plans (nearly 50 aircraft targeted in 2027), which help de‑risk certification/timing and support medium-term revenue projections. Joby Aviation: Full-Speed Ahead
• Positive Sentiment: Joby is scaling manufacturing in Dayton as a production hub — a sign of capital deployment toward production capacity and supply-chain consolidation. Joby bets big on Dayton as its manufacturing nucleus
• Neutral Sentiment: Valuation and momentum analysis highlights large short‑ and long‑term volatility; recent 7‑day gains contrast with higher-period swings, reminding investors that JOBY remains a high-beta, speculative growth play. A Look At Joby Aviation’s (JOBY) Valuation As Shares Hold Recent Gains And Losses Remain Large
• Negative Sentiment: Insider selling: CEO Joeben Bevirt sold stock via pre-arranged 10b5-1 plans (multiple filings disclose sales totaling several hundred thousand shares), which can sap sentiment despite being planned trades; investors often view material insider selling as a potential near-term headwind. SEC Form 4 — Insider Selling Insider Selling: Joby Aviation (NYSE:JOBY) Insider Sells $227,123.60 in Stock

Joby Aviation Company Profile

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.