Joby Aviation (NYSE:JOBY) Insider Sells $17,701.75 in Stock

Joby Aviation, Inc. (NYSE:JOBY) insider Bonny Simi sold 1,727 shares of the company’s stock in a transaction that occurred on Tuesday, March 10th. The stock was sold at an average price of $10.25, for a total transaction of $17,701.75. Following the completion of the transaction, the insider owned 147,464 shares in the company, valued at approximately $1,511,506. This represents a 1.16% decrease in their ownership of the stock. The sale was disclosed in a legal filing with the SEC, which is accessible through the SEC website.

Joby Aviation Stock Performance

NYSE:JOBY opened at $9.70 on Friday. Joby Aviation, Inc. has a fifty-two week low of $4.96 and a fifty-two week high of $20.95. The company has a 50 day moving average price of $11.79 and a 200 day moving average price of $13.94. The stock has a market capitalization of $8.84 billion, a P/E ratio of -8.50 and a beta of 2.59.

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

Wall Street Analysts Forecast Growth

JOBY has been the topic of several research analyst reports. Canaccord Genuity Group reiterated a “hold” rating and issued a $15.50 price objective on shares of Joby Aviation in a report on Tuesday, February 3rd. Oppenheimer set a $18.00 target price on Joby Aviation in a research report on Thursday, February 26th. The Goldman Sachs Group started coverage on shares of Joby Aviation in a research note on Monday, December 1st. They set a “sell” rating and a $10.00 price target on the stock. JPMorgan Chase & Co. reduced their price target on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a research report on Thursday, February 26th. Finally, Weiss Ratings reissued a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company’s stock. Based on data from MarketBeat.com, Joby Aviation presently has an average rating of “Reduce” and an average price target of $13.81.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Progress toward FAA type certification: Joby has begun flight testing its first FAA‑conforming production aircraft as part of the Type Inspection Authorization (TIA) process — a direct regulatory milestone that materially de‑risks timing for commercial operations. Joby Flies First FAA-Conforming Aircraft For TIA Testing
• Positive Sentiment: Demonstration flights showcase operational readiness: Joby completed piloted flights across San Francisco Bay (including around the Golden Gate) and highlighted a 50,000‑mile “electric skies” tour — both signal operational maturity and marketing momentum ahead of commercial launch. Joby Completes Piloted Electric Air Taxi Flight Across San Francisco Bay
• Positive Sentiment: Federal pilot programs and DOT support: Joby was named to the Department of Transportation’s advanced air mobility/eIPP pilot initiatives, enabling early deployments across multiple states — a practical near‑term commercial runway and potential demand catalyst. Joby Aviation Joins Federal eIPP
• Positive Sentiment: Commercial launch signals: Multiple outlets report Joby plans to begin U.S. air‑taxi operations in the coming months, supported by the first production model now flying — this shortens the pathway from testing to revenue realization. Joby Aviation to launch U.S. air-taxi service
• Positive Sentiment: Institutional interest: ARK Invest added to its position amid the FAA/DOT activity, which can support investor confidence and liquidity. Cathie Wood Bets On Joby
• Neutral Sentiment: Market opportunity framing: Analyst pieces emphasize Joby’s optionality across mobility and defense markets — large TAM upside but monetization remains contingent on certification, manufacturing scale and unit economics. Joby Aviation: Optionality Across Mobility And Defense
• Negative Sentiment: Legal/competitive overhang: Rival Archer filed/updated a countersuit alleging undisclosed China ties and related misconduct — these claims raise litigation and regulatory risk that can weigh on contracts, partnerships and investor sentiment. Joby’s first production model takes off / context on disputes
• Negative Sentiment: Clustered insider selling: Several executives (including the CEO and other senior officers) disclosed share sales over recent days. While sizes are modest versus total holdings, concentrated short‑term selling can signal profit‑taking and adds short‑term downward pressure. Joby Insider Selling Filings

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently added to or reduced their stakes in JOBY. Royal Bank of Canada grew its holdings in Joby Aviation by 110.5% during the 1st quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock worth $512,000 after acquiring an additional 44,659 shares in the last quarter. AQR Capital Management LLC acquired a new stake in shares of Joby Aviation in the 1st quarter valued at $273,000. Strs Ohio purchased a new stake in shares of Joby Aviation during the 1st quarter worth $37,000. Envestnet Asset Management Inc. grew its stake in shares of Joby Aviation by 26.1% during the second quarter. Envestnet Asset Management Inc. now owns 42,169 shares of the company’s stock worth $445,000 after purchasing an additional 8,741 shares in the last quarter. Finally, Teacher Retirement System of Texas increased its holdings in Joby Aviation by 7.0% in the second quarter. Teacher Retirement System of Texas now owns 29,793 shares of the company’s stock valued at $314,000 after buying an additional 1,943 shares during the last quarter. Institutional investors and hedge funds 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.