Joby Aviation (NYSE:JOBY) Trading Up 5.7% – Time to Buy?

Joby Aviation, Inc. (NYSE:JOBY) shot up 5.7% during mid-day trading on Thursday . The company traded as high as $9.23 and last traded at $9.1970. 22,912,596 shares were traded during mid-day trading, a decline of 14% from the average session volume of 26,753,752 shares. The stock had previously closed at $8.70.

More Joby Aviation News

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

• Positive Sentiment: Successful live demonstration flight at NYC’s East 34th Street Heliport showcased Joby’s all‑electric eVTOL operating safely within existing urban infrastructure — a concrete step toward commercial service and municipal/FAA acceptance. Article Title
• Positive Sentiment: Media and local officials attended Joby’s NYC demonstration, increasing public and regulatory visibility for Joby’s integration pilot program — this kind of endorsement can accelerate route approvals and vertiport partnerships. Article Title
• Positive Sentiment: Analyst/upside coverage highlights a large potential rerating as Joby shifts from certification to commercialization, citing Dubai readiness, a stronger balance sheet, and FAA progress as drivers for upside. That narrative supports bullish investor positioning. Article Title
• Neutral Sentiment: Industry coverage frames 2026 as make‑or‑break for Joby and lists specific signals to watch (certification milestones, early commercial metrics, next earnings) — useful watchlist items but not immediate catalysts. Article Title
• Neutral Sentiment: Sector spillover: Joby’s NYC flights have drawn attention to peers (e.g., Archer), highlighting regulatory progress for the whole eVTOL space — this can lift the sector but also reallocate investor interest among competitors. Article Title
• Negative Sentiment: High-profile skepticism persists — commentators like Jim Cramer publicly call Joby “way too risky,” which can pressure sentiment and deter risk‑averse investors despite positive operational news. Article Title

Analyst Ratings Changes

A number of brokerages have recently issued reports on JOBY. Needham & Company LLC reissued a “buy” rating and issued a $18.00 price objective on shares of Joby Aviation in a research note on Tuesday. HC Wainwright reaffirmed a “buy” rating and set a $18.00 target price on shares of Joby Aviation in a research note on Thursday, March 12th. Oppenheimer set a $18.00 target price on shares of Joby Aviation in a research note on Thursday, February 26th. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a research note on Tuesday, April 21st. Finally, JPMorgan Chase & Co. cut their target price on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating for the company in a research note on Thursday, February 26th. Two 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 MarketBeat, the stock has an average rating of “Reduce” and a consensus target price of $13.81.

Joby Aviation Price Performance

The company’s 50-day simple moving average is $9.18 and its 200 day simple moving average is $12.41. The firm has a market cap of $9.08 billion, a P/E ratio of -8.14 and a beta of 2.61.

Joby Aviation (NYSE:JOBY) last released its quarterly earnings data on Wednesday, February 25th. The company reported ($0.14) EPS for the quarter, beating the consensus estimate of ($0.20) by $0.06. The business 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) EPS. Joby Aviation’s revenue for the quarter was up 5506.5% compared to the same quarter last year. Analysts anticipate that Joby Aviation, Inc. will post -0.82 EPS for the current fiscal year.

Insider Buying and Selling at Joby Aviation

In other Joby Aviation news, insider Eric Allison sold 27,698 shares of the stock in a transaction on Monday, April 13th. The shares were sold at an average price of $8.20, for a total transaction of $227,123.60. Following the completion of the transaction, the insider owned 750,852 shares in the company, valued at $6,156,986.40. This trade represents a 3.56% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is available through this link. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, CEO Joeben Bevirt sold 507,182 shares of the stock in a transaction on Monday, February 9th. The shares were sold at an average price of $10.62, for a total transaction of $5,386,272.84. Following the transaction, the chief executive officer owned 31,997,802 shares of the company’s stock, valued at $339,816,657.24. This trade represents a 1.56% decrease in their position. The SEC filing for this sale provides additional information. Insiders sold 1,774,220 shares of company stock worth $17,386,938 over the last 90 days. 28.50% of the stock is owned by insiders.

Hedge Funds Weigh In On Joby Aviation

Institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp lifted its position in Joby Aviation by 207.4% during the fourth quarter. Fifth Third Bancorp now owns 1,998 shares of the company’s stock valued at $26,000 after purchasing an additional 1,348 shares during the last quarter. Asset Planning Inc lifted its holdings in shares of Joby Aviation by 70.0% in the 3rd quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock worth $27,000 after acquiring an additional 700 shares during the last quarter. EverSource Wealth Advisors LLC lifted its holdings in shares of Joby Aviation by 284.8% in the 2nd 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 last quarter. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new stake in shares of Joby Aviation in the 4th quarter worth about $28,000. Finally, Canton Hathaway LLC bought a new stake in shares of Joby Aviation in the 3rd quarter worth about $29,000. Institutional investors 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.