Joby Aviation, Inc. (NYSE:JOBY) Receives Average Rating of “Reduce” from Brokerages

Posted by Brenda Bartman on Sep 18th, 2026

Shares of Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) have earned an average rating of “Reduce” from the nine research firms that are presently covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell recommendation, four have given a hold recommendation and two have given a buy recommendation to the company. The average 12-month target price among analysts that have covered the stock in the last year is $13.8125.

A number of research firms have commented on JOBY. Needham & Company LLC reduced their price target on shares of Joby Aviation from $18.00 to $15.00 and set a “buy” rating for the company in a report on Thursday, August 6th. Susquehanna set a $18.00 price objective on shares of Joby Aviation in a report on Thursday, August 6th. Barclays raised shares of Joby Aviation to a “hold” rating in a research report on Wednesday, July 29th. HC Wainwright restated a “buy” rating on shares of Joby Aviation in a research note on Thursday, August 6th. Finally, Wall Street Zen lowered Joby Aviation from a “sell” rating to a “strong sell” rating in a research report on Saturday, August 8th.

Get Our Latest Report on Joby Aviation

Insider Transactions at Joby Aviation

In other news, CEO JoeBen Bevirt sold 606,667 shares of the company’s stock in a transaction that occurred on Tuesday, September 15th. The stock was sold at an average price of $6.19, for a total transaction of $3,755,268.73. Following the transaction, the chief executive officer directly owned 57,207,377 shares of the company’s stock, valued at $354,113,663.63. This represents a 1.05% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, CFO Rodrigo Brumana sold 8,898 shares of the stock in a transaction on Thursday, September 3rd. The stock was sold at an average price of $6.89, for a total value of $61,307.22. Following the completion of the transaction, the chief financial officer owned 110,831 shares in the company, valued at approximately $763,625.59. This represents a 7.43% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. 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 ninety days, insiders have sold 905,002 shares of company stock valued at $6,037,136. Company insiders own 20.35% of the company’s stock.

Institutional Trading of Joby Aviation

Hedge funds and other institutional investors have recently bought and sold shares of the business. The Manufacturers Life Insurance Company lifted its stake in shares of Joby Aviation by 22.5% in the second quarter. The Manufacturers Life Insurance Company now owns 385,572 shares of the company’s stock valued at $3,439,000 after buying an additional 70,772 shares in the last quarter. Integrated Wealth Concepts LLC grew its holdings in shares of Joby Aviation by 46.6% during the second quarter. Integrated Wealth Concepts LLC now owns 57,994 shares of the company’s stock valued at $517,000 after buying an additional 18,427 shares during the last quarter. NewEdge Advisors LLC increased its position in shares of Joby Aviation by 37.8% during the second quarter. NewEdge Advisors LLC now owns 53,240 shares of the company’s stock worth $475,000 after acquiring an additional 14,594 shares in the last quarter. Arizona State Retirement System increased its position in shares of Joby Aviation by 10.2% during the second quarter. Arizona State Retirement System now owns 67,557 shares of the company’s stock worth $603,000 after acquiring an additional 6,258 shares in the last quarter. Finally, Corient Private Wealth LP raised its holdings in shares of Joby Aviation by 68.6% in the 2nd quarter. Corient Private Wealth LP now owns 34,306 shares of the company’s stock worth $306,000 after acquiring an additional 13,955 shares during the last quarter. Institutional investors own 52.85% of the company’s stock.

Joby Aviation Stock Performance

Shares of JOBY stock opened at $6.18 on Friday. The company has a market cap of $6.12 billion, a price-to-earnings ratio of -6.25 and a beta of 2.68. Joby Aviation has a 52 week low of $5.93 and a 52 week high of $19.98. The company has a quick ratio of 17.98, a current ratio of 17.98 and a debt-to-equity ratio of 0.40. The firm has a 50 day moving average of $7.31 and a 200-day moving average of $8.74.

Joby Aviation (NYSE:JOBY – Get Free Report) last released its quarterly earnings data on Wednesday, August 5th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.02). The company had revenue of $38.64 million during the quarter, compared to the consensus estimate of $30.20 million. Joby Aviation had a negative net margin of 755.11% and a negative return on equity of 55.29%. The business’s revenue was up 257493.3% compared to the same quarter last year. During the same quarter in the prior year, the firm earned ($0.41) EPS. On average, equities analysts forecast that Joby Aviation will post -1 earnings per share for the current year.

About Joby Aviation

(Get Free Report)

Joby Aviation, Inc develops electric vertical takeoff and landing (eVTOL) aircraft intended to support commercial air-taxi services. Its aircraft are designed to take off and land vertically like helicopters while traveling with the speed and range of conventional aircraft, with the goal of providing quieter, lower-emission transportation for urban and regional journeys.

The company is pursuing an integrated business model that includes designing and manufacturing its aircraft, operating air-taxi services, and providing related technology and infrastructure.