Joby Aviation (NYSE:JOBY) Shares Down 4.7% – What’s Next?

Joby Aviation, Inc. (NYSE:JOBY) shares dropped 4.7% during mid-day trading on Wednesday . The stock traded as low as $15.52 and last traded at $15.5350. Approximately 23,773,610 shares traded hands during mid-day trading, a decline of 17% from the average daily volume of 28,584,127 shares. The stock had previously closed at $16.30.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Signed deal to acquire a 700,000+ sq ft Ohio manufacturing facility to more than double production capacity (targeting ~4 aircraft/month in 2027), which materially expands Joby’s industrial footprint and lowers execution risk for scaling. Joby to Expand Manufacturing Footprint with Acquisition of Second Ohio Facility
• Positive Sentiment: Accepted FAA‑grade CAE flight simulators to begin pilot training — an operational milestone that removes a key bottleneck to launching commercial service and supports near‑term certification/readiness timelines. Joby Prepares for First Wave of Air Taxi Pilot Training With CAE Flight Simulators
• Positive Sentiment: Sector rotation into eVTOLs and recent partnership/vertiport news have driven strong momentum into the group, which lifted Joby in recent sessions and reflects growing investor confidence that commercial flights are approaching. Flying Cars and Rising Bars: The 2026 eVTOL Breakout Begins
• Neutral Sentiment: Large institutional positions (notably Toyota and Vanguard) and Joby’s near‑$1B liquidity backstop make the company less vulnerable to short‑term funding risk — a structural positive, but it doesn’t eliminate execution and certification risk. Flying Cars and Rising Bars: The 2026 eVTOL Breakout Begins
• Neutral Sentiment: Analyst coverage remains mixed (buy/hold/sell split and a consensus target near ~$13.43), so guidance from certifying bodies and concrete commercial‑service dates will likely drive future re‑ratings. Joby Aviation Stock Page
• Negative Sentiment: Significant insider selling this week — including CEO Joeben Bevirt and large disposals by former CEO/board member Bonny Simi (100k+ shares) and other executives — which can sap sentiment and prompt short‑term profit taking even if sales are for diversification or tax purposes. Joeben Bevirt Sells 23,552 Shares of Joby Aviation Bonny Simi Sells 110,173 Shares of Joby Aviation
• Negative Sentiment: Recent quarterly results showed an EPS miss and continued negative profitability — the company remains pre‑revenue for large‑scale commercial service and analysts forecast continuing losses, which keeps valuation sensitive to execution shifts. Joby Aviation Stock Page (earnings summary)

Wall Street Analysts Forecast Growth

Several analysts have recently weighed in on the stock. The Goldman Sachs Group assumed coverage on shares of Joby Aviation in a report on Monday, December 1st. They issued a “sell” rating and a $10.00 target price on the stock. HC Wainwright reissued a “neutral” rating on shares of Joby Aviation in a research note on Monday, November 24th. Zacks Research raised Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a report on Wednesday, October 8th. Finally, Needham & Company LLC reiterated a “buy” rating and issued a $22.00 price objective on shares of Joby Aviation in a research report on Thursday, November 6th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have given a Sell rating to the company. According to MarketBeat, the stock has an average rating of “Reduce” and an average price target of $13.43.

Joby Aviation Trading Down 4.7%

The business has a 50 day moving average of $14.64 and a 200-day moving average of $14.95. The stock has a market cap of $14.16 billion, a PE ratio of -11.59 and a beta of 2.56.

Joby Aviation (NYSE:JOBY) last released its quarterly earnings results on Wednesday, November 5th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The business had revenue of $22.57 million during the quarter, compared to the consensus estimate of $0.02 million. During the same period last year, the firm earned ($0.21) earnings per share. The business’s quarterly revenue was up 7962.1% compared to the same quarter last year. On average, equities research analysts anticipate that Joby Aviation, Inc. will post -0.69 EPS for the current fiscal year.

Insider Transactions at Joby Aviation

In other news, insider Bonny W. Simi sold 110,173 shares of the business’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $13.85, for a total value of $1,525,896.05. Following the completion of the transaction, the insider owned 125,114 shares of the company’s stock, valued at $1,732,828.90. The trade was a 46.82% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, which is available at the SEC website. Also, CEO Joeben Bevirt sold 23,552 shares of the company’s stock in a transaction that occurred on Friday, January 2nd. The shares were sold at an average price of $13.51, for a total transaction of $318,187.52. Following the transaction, the chief executive officer directly owned 288,814 shares in the company, valued at $3,901,877.14. The trade was a 7.54% decrease in their position. The SEC filing for this sale provides additional information. Insiders have sold a total of 277,501 shares of company stock worth $4,004,816 in the last ninety days. Company insiders own 32.40% of the company’s stock.

Institutional Inflows and Outflows

Institutional investors have recently bought and sold shares of the business. Asset Planning Inc grew its position 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 purchasing an additional 700 shares during the period. Strategic Advocates LLC acquired a new stake in Joby Aviation in the 3rd quarter worth about $29,000. Canton Hathaway LLC purchased a new stake in Joby Aviation in the 3rd quarter valued at about $29,000. Hilltop National Bank acquired a new position in shares of Joby Aviation during the 3rd quarter valued at about $32,000. Finally, Ancora Advisors LLC acquired a new position in shares of Joby Aviation during the 3rd quarter valued at about $35,000. 52.85% of the stock is currently owned by institutional investors and hedge funds.

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.