Joby Aviation (NYSE:JOBY) Shares Up 2.5% – Still a Buy?

Joby Aviation, Inc. (NYSE:JOBY) shares shot up 2.5% during mid-day trading on Friday . The stock traded as high as $14.44 and last traded at $14.19. 21,806,989 shares traded hands during mid-day trading, a decline of 17% from the average session volume of 26,259,809 shares. The stock had previously closed at $13.85.

Joby Aviation News Summary

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

• Positive Sentiment: Joby plans to double U.S. air‑taxi production capacity by 2027, signaling acceleration toward commercial deliveries and higher future revenue potential. Joby Moves To Double U.S. Production Capacity By 2027
• Positive Sentiment: Joby announced a partnership with Metropolis to develop 25 vertiport sites across the U.S., leveraging Metropolis’ parking network and AI to accelerate infrastructure rollout and route viability. That supports market access and near‑term commercialization plans. Joby, Metropolis Announce Partnership to Develop 25 Vertiport Sites Across the U.S.
• Positive Sentiment: Coverage notes Joby is tapping Metropolis’ parking locations and AI tech for initial buildout, which could lower vertiport capex and speed site deployment—important for scaling rides and demonstrating unit economics. Joby Taps Metropolis Parking Network For Initial U.S. Buildout
• Positive Sentiment: Joby framed the U.S. government’s Advanced Air Mobility plan as pivotal to its commercial launch, reinforcing regulatory tailwinds that reduce execution risk for early operators. Joby: U.S. Government’s Advanced Air Mobility Plan is Pivotal Step Toward Commercial Launch
• Neutral Sentiment: CEO Joeben Bevirt has been giving interviews explaining why Joby is doubling U.S. manufacturing capacity — useful for investor confidence but largely reiterative of the company’s production targets and rationale. Joby Aviation CEO explains why the company is doubling its U.S. manufacturing capacity
• Neutral Sentiment: Analyst commentary warns JOBY has surged ~82.5% year‑over‑year and carries a premium valuation with ongoing losses—this raises profit‑taking and downside risk despite operational progress. Joby Rises 82.5% in a Year: Should You Still Buy the Stock in 2026?
• Negative Sentiment: An article reports insider selling, which coincided with a ~6% intraday drop — a direct negative catalyst that can spur short‑term selling regardless of operational progress. Joby Aviation (NYSE:JOBY) Shares Down 6.1% Following Insider Selling

Analyst Ratings Changes

JOBY has been the topic of a number of recent analyst reports. HC Wainwright restated a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Morgan Stanley increased their target price on shares of Joby Aviation from $7.00 to $15.00 and gave the company an “equal weight” rating in a research report on Thursday, October 9th. The Goldman Sachs Group initiated coverage on shares of Joby Aviation in a research note on Monday, December 1st. They issued a “sell” rating and a $10.00 target price for the company. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a report on Wednesday, October 8th. Finally, Zacks Research upgraded Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. One investment analyst has rated the stock with a Buy rating, five have assigned a Hold rating and three have assigned a Sell rating to the company’s stock. According to MarketBeat, the stock presently has an average rating of “Reduce” and a consensus target price of $13.43.

Joby Aviation Stock Performance

The company has a market capitalization of $12.94 billion, a price-to-earnings ratio of -10.59 and a beta of 2.53. The business’s 50 day moving average is $15.16 and its 200 day moving average is $14.44.

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

Insider Buying and Selling

In other news, insider Didier Papadopoulos sold 15,439 shares of the stock in a transaction dated Thursday, October 2nd. The stock was sold at an average price of $16.78, for a total value of $259,066.42. Following the transaction, the insider directly owned 103,206 shares of the company’s stock, valued at approximately $1,731,796.68. This represents a 13.01% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. Also, insider Kate Dehoff sold 52,907 shares of the firm’s stock in a transaction dated Monday, September 22nd. The stock was sold at an average price of $15.76, for a total value of $833,814.32. Following the completion of the transaction, the insider owned 149,369 shares of the company’s stock, valued at approximately $2,354,055.44. The trade was a 26.16% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. Insiders have sold a total of 654,801 shares of company stock worth $10,697,118 over the last three months. Corporate insiders own 28.50% of the company’s stock.

Hedge Funds Weigh In On Joby Aviation

Several hedge funds and other institutional investors have recently bought and sold shares of JOBY. Asset Planning Inc lifted its stake in Joby Aviation by 70.0% during the 3rd quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock valued at $27,000 after acquiring an additional 700 shares during the period. EverSource Wealth Advisors LLC increased its stake in shares of Joby Aviation by 284.8% in the second quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock worth $27,000 after acquiring an additional 1,880 shares during the period. Canton Hathaway LLC purchased a new position in shares of Joby Aviation during the third quarter worth $29,000. Strategic Advocates LLC purchased a new position in shares of Joby Aviation during the third quarter worth $29,000. Finally, Hilltop National Bank acquired a new position in Joby Aviation during the third quarter valued at $32,000. Institutional investors and hedge funds own 52.85% of the company’s stock.

About Joby Aviation

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.