Joby Aviation, Inc. (NYSE:JOBY – Get Free Report) insider Bonny Simi sold 10,890 shares of the business’s stock in a transaction on Friday, October 2nd. The shares were sold at an average price of $5.95, for a total transaction of $64,795.50. Following the completion of the sale, the insider directly owned 241,923 shares in the company, valued at $1,439,441.85. This trade represents a 4.31% decrease in their position. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The sale was made to cover tax withholding obligations related to the vesting of equity awards.
Joby Aviation Price Performance
Shares of NYSE:JOBY traded down $0.15 during midday trading on Monday, reaching $5.79. 21,327,477 shares of the company’s stock were exchanged, compared to its average volume of 31,249,814. The company’s 50 day simple moving average is $7.01 and its two-hundred day simple moving average is $8.46. The firm has a market capitalization of $5.73 billion, a PE ratio of -5.85 and a beta of 2.66. Joby Aviation, Inc. has a 12 month low of $5.72 and a 12 month high of $19.98. The company has a debt-to-equity ratio of 0.40, a quick ratio of 17.98 and a current ratio of 17.98.
Joby Aviation (NYSE:JOBY – Get Free Report) last issued its earnings results 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 business had revenue of $38.64 million for the quarter, compared to analyst estimates of $30.20 million. Joby Aviation had a negative net margin of 755.11% and a negative return on equity of 55.29%. Joby Aviation’s revenue was up 257493.3% on a year-over-year basis. During the same quarter last year, the firm posted ($0.41) earnings per share. Equities research analysts expect that Joby Aviation, Inc. will post -1 earnings per share for the current fiscal year.
Institutional Trading of Joby Aviation
Trending Headlines about Joby Aviation
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Joby has raised its 2026 revenue outlook, and recent revenue exceeded analyst expectations. A White House-backed pilot program could also support future demand for electric air-taxi services. However, much of the current revenue growth is coming from Blade, the helicopter passenger business acquired by Joby, rather than from Joby’s own aircraft. Joby Aviation Is Near Its 52-Week Low With 91% Upside. The Catch Is Real
- Neutral Sentiment: Multiple Joby insiders, including CEO JoeBen Bevirt, CFO Rodrigo Brumana and directors and executives Kate Dehoff, Bonny Simi, Gregory Bowles, Sergey Novikov and Eric Allison, sold shares at approximately $5.95. The sales collectively involved about 59,000 shares and were disclosed as sales to cover tax-withholding obligations tied to vested equity awards, making them less concerning than discretionary insider selling. SEC insider transaction filing
- Negative Sentiment: A federal court reportedly dismissed or narrowed several claims in Joby’s legal dispute with Archer Aviation, giving Archer some relief and weakening Joby’s position in the litigation. Archer Aviation Gets Legal Relief as Court Dismisses Some Joby Claims
- Negative Sentiment: Investors remain concerned that Joby’s core air-taxi business has not yet entered commercial service. The company continues to face certification and execution risks, ongoing losses and the possibility that additional capital needs could dilute shareholders. Should You Be Worried About Joby Stock?
- Negative Sentiment: Director Paul Sciarra also reported selling 62,500 shares under a Rule 10b5-1 trading plan, adding to the recent flow of insider-sale headlines even though the transaction was preplanned. Joby Aviation Director Paul Sciarra Sells 62,500 Shares via Rule 10b5-1 Trading Plan
Analyst Upgrades and Downgrades
A number of brokerages have recently issued reports on JOBY. Wall Street Zen cut Joby Aviation from a “sell” rating to a “strong sell” rating in a report on Saturday, August 8th. Susquehanna set a $18.00 price target on Joby Aviation in a research report on Thursday, August 6th. HC Wainwright reiterated a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a research report on Monday, September 21st. Barclays upgraded Joby Aviation to a “hold” rating in a research note on Wednesday, July 29th. Finally, Cantor Fitzgerald restated a “neutral” rating on shares of Joby Aviation in a research note on Monday, September 21st. Two equities research analysts have rated the stock with a Buy rating, five have given a Hold rating and three have given a Sell rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of “Reduce” and a consensus target price of $13.81.
Check Out Our Latest Report on Joby Aviation
About Joby Aviation
Joby Aviation, Inc (NYSE: JOBY) is an aviation company developing all-electric vertical takeoff and landing (eVTOL) aircraft for commercial passenger transportation. Its aircraft are designed to take off and land vertically like a helicopter while providing quieter, lower-emission transportation for short urban and regional trips.
The company is pursuing an integrated air-taxi business model that includes designing and manufacturing its aircraft, operating passenger services, and developing the software and infrastructure needed to support aerial mobility.
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