Joby Aviation (NYSE:JOBY) Stock Price Down 1.8% – What’s Next?

Joby Aviation, Inc. (NYSE:JOBY)’s stock price fell 1.8% during mid-day trading on Tuesday . The company traded as low as $9.82 and last traded at $9.8610. 30,821,050 shares were traded during trading, an increase of 7% from the average session volume of 28,905,156 shares. The stock had previously closed at $10.04.

Joby Aviation News Roundup

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

• Positive Sentiment: Selected for White House-backed eVTOL Integration Pilot Program (eIPP) and DOT/FAA air-taxi pilot projects — gives Joby the opportunity to begin U.S. operations in 2026 across multiple states, sharpening its commercial timeline and revenue pathway. Joby to Begin U.S. Operations in 2026 Under White House Air Taxi Program
• Positive Sentiment: FAA/DOT named Joby among partners for summer air-taxi pilot projects covering 26 states — boosts credibility with regulators and potential local launch sites for commercial service. FAA Names Partners For Air Taxi Pilot Projects, Coming This Summer
• Positive Sentiment: Industry/partner signals — coverage highlighting Uber-related launches and eIPP wins focused investors on a clearer commercial path, supporting positive sentiment and trading momentum. Joby Aviation’s eIPP Wins And Uber Launches Put Commercial Path In Focus
• Neutral Sentiment: Market mentions and analyst-watch lists (stocks-to-watch coverage) increased visibility but are not new fundamental news; they can amplify short-term flows. Stocks to Watch Tuesday: Joby, Nio, Micron, Kohl’s,
• Negative Sentiment: Escalating legal battle: Archer filed counterclaims accusing Joby of defrauding the U.S. government and concealing China ties — introduces potential legal, regulatory and procurement risks that could affect contracts, certifications and public perception. Air-taxi maker Archer accuses rival Joby of illegal China ties
• Negative Sentiment: Additional coverage of Archer’s countersuit and Joby-Archer litigation cycle emphasizes reputational risk and could drive volatility until resolved. Electric air taxi maker Archer hits back at Joby in countersuit alleging concealed Chinese ties

Analyst Upgrades and Downgrades

A number of equities research analysts recently weighed in on the stock. The Goldman Sachs Group began coverage on shares of Joby Aviation in a research note on Monday, December 1st. They set a “sell” rating and a $10.00 price objective on the stock. Needham & Company LLC lowered their price objective on shares of Joby Aviation to $18.00 and set a “buy” rating on the stock in a research note on Thursday, February 26th. Oppenheimer set a $18.00 target price on shares of Joby Aviation in a research note on Thursday, February 26th. HC Wainwright raised Joby Aviation from a “neutral” rating to a “buy” rating and set a $18.00 target price for the company in a report on Thursday, February 26th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research report on Thursday, January 22nd. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of “Reduce” and a consensus target price of $13.81.

Joby Aviation Stock Down 1.8%

The firm’s 50-day moving average is $12.08 and its two-hundred day moving average is $14.06. The stock has a market cap of $8.99 billion, a P/E ratio of -8.65 and a beta of 2.59.

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 the consensus estimate of ($0.20) by $0.06. The company had revenue of $30.84 million for the quarter, compared to the consensus estimate of $16.88 million. During the same quarter last year, the business earned ($0.34) earnings per share. Joby Aviation’s quarterly revenue was up 5506.5% on a year-over-year basis. Analysts anticipate that Joby Aviation, Inc. will post -0.69 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other Joby Aviation news, insider Kate Dehoff sold 8,539 shares of the business’s stock in a transaction dated Friday, February 13th. The shares were sold at an average price of $9.88, for a total value of $84,365.32. Following the transaction, the insider directly owned 159,877 shares in the company, valued at $1,579,584.76. The trade was a 5.07% decrease in their ownership of the stock. The transaction was disclosed in a filing with the Securities & Exchange Commission, which is available at this hyperlink. Also, insider Eric Allison sold 9,815 shares of the firm’s stock in a transaction on Friday, February 13th. The shares were sold at an average price of $9.88, for a total value of $96,972.20. Following the completion of the sale, the insider owned 713,268 shares of the company’s stock, valued at approximately $7,047,087.84. This trade represents a 1.36% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. Insiders have sold a total of 1,470,074 shares of company stock valued at $16,083,913 over the last 90 days. Company insiders own 32.40% of the company’s stock.

Institutional Inflows and Outflows

Several hedge funds have recently modified their holdings of the business. GPS Wealth Strategies Group LLC raised its holdings 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 during the period. Asset Planning Inc increased its holdings 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 worth $27,000 after acquiring an additional 700 shares in the last quarter. GoalVest Advisory LLC raised its position in shares of Joby Aviation by 2.1% during the fourth quarter. GoalVest Advisory LLC now owns 33,500 shares of the company’s stock worth $442,000 after purchasing an additional 700 shares during the period. Thrivent Financial for Lutherans raised its position in shares of Joby Aviation by 4.6% during the third quarter. Thrivent Financial for Lutherans now owns 16,705 shares of the company’s stock worth $270,000 after purchasing an additional 736 shares during the period. Finally, Allworth Financial LP lifted its stake in Joby Aviation by 11.9% in the second quarter. Allworth Financial LP now owns 7,197 shares of the company’s stock valued at $76,000 after buying an additional 763 shares in the last quarter. Institutional investors own 52.85% of the company’s 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.