Key Points
- Insider selling: Kate Dehoff sold 1,433 Joby shares on March 11 at an average price of $9.90, trimming her stake to 160,503 shares (a 0.88% decrease) after a series of larger sales in January and February.
- Operational progress vs. risks: Joby stock fell about 3.7% to $9.85 despite positive developments — its first FAA‑conforming aircraft began flight testing and the company joined federal AAM pilot programs — while legal disputes with rival Archer and clustered insider sales weigh on sentiment and analysts' consensus rating of "Reduce" (average target $13.81).
Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) insider Gregory Bowles sold 1,075 shares of the stock in a transaction that occurred on Wednesday, March 11th. The stock was sold at an average price of $9.90, for a total transaction of $10,642.50. Following the sale, the insider directly owned 171,859 shares of the company's stock, valued at approximately $1,701,404.10. This trade represents a 0.62% decrease in their position. The transaction was disclosed in a filing with the SEC, which is available at this hyperlink.
Gregory Bowles also recently made the following trade(s):
- On Tuesday, March 10th, Gregory Bowles sold 1,172 shares of Joby Aviation stock. The shares were sold at an average price of $10.25, for a total transaction of $12,013.00.
- On Tuesday, February 24th, Gregory Bowles sold 11,530 shares of Joby Aviation stock. The stock was sold at an average price of $9.62, for a total transaction of $110,918.60.
- On Monday, February 23rd, Gregory Bowles sold 3,551 shares of Joby Aviation stock. The stock was sold at an average price of $9.57, for a total transaction of $33,983.07.
- On Friday, February 13th, Gregory Bowles sold 4,464 shares of Joby Aviation stock. The shares were sold at an average price of $9.88, for a total transaction of $44,104.32.
- On Tuesday, February 10th, Gregory Bowles sold 816 shares of Joby Aviation stock. The stock was sold at an average price of $10.55, for a total transaction of $8,608.80.
- On Wednesday, January 14th, Gregory Bowles sold 5,383 shares of Joby Aviation stock. The shares were sold at an average price of $14.72, for a total value of $79,237.76.
- On Tuesday, January 13th, Gregory Bowles sold 894 shares of Joby Aviation stock. The shares were sold at an average price of $14.83, for a total value of $13,258.02.
- On Friday, January 2nd, Gregory Bowles sold 4,194 shares of Joby Aviation stock. The stock was sold at an average price of $13.51, for a total value of $56,660.94.
Joby Aviation Stock Down 2.6%
Shares of NYSE JOBY traded down $0.27 on Thursday, hitting $9.96. The company had a trading volume of 8,558,502 shares, compared to its average volume of 28,362,504. Joby Aviation, Inc. has a 12-month low of $4.96 and a 12-month high of $20.95. The firm has a market capitalization of $9.08 billion, a P/E ratio of -8.75 and a beta of 2.59. The business has a 50 day moving average of $11.95 and a two-hundred day moving average of $14.00.
Joby Aviation (NYSE:JOBY - Get Free Report) last released its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) EPS for the quarter, topping the consensus estimate of ($0.20) by $0.06. The company had revenue of $30.84 million for the quarter, compared to analyst estimates of $16.88 million. The business's revenue was up 5506.5% on a year-over-year basis. During the same period last year, the firm posted ($0.34) earnings per share. On average, sell-side analysts anticipate that Joby Aviation, Inc. will post -0.69 earnings per share for the current year.
Joby Aviation News Roundup
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Joby began flight testing its first FAA‑conforming aircraft as part of the Type Inspection Authorization (TIA) process — a key step toward type certification and commercial passenger service. This materially de‑risks Joby’s certification timeline and supports commercial launch plans. Joby's First FAA-Conforming Aircraft Takes Flight
- Positive Sentiment: Regulatory/operational pathway strengthened: Joby was named to federal eVTOL/eIPP and DOT advanced air mobility pilot initiatives, enabling early operations across multiple U.S. states and aligning the company with government pilot programs — a near‑term commercial runway catalyst. Joby Aviation Joins Federal eIPP
- Positive Sentiment: Commercial launch timeline tightened: multiple reports say Joby plans to launch U.S. air‑taxi operations in the coming months, supported by the first production model now flying — a sign that operational commercialization is moving from concept to execution. Joby to launch U.S. air-taxi service
- Positive Sentiment: Institutional conviction: ARK Invest (Cathie Wood) added JOBY shares amid the FAA/DOT activity, signaling continued investor interest from an active AAM-focused fund. Cathie Wood Bets On Joby
- Neutral Sentiment: Analyst/coverage commentary highlights optionality across mobility and defense markets, framing Joby as having multiple addressable markets but still dependent on certification and scale to monetize those opportunities. Joby Aviation: Optionality Across Mobility And Defense
- Negative Sentiment: Legal and regulatory risk increased after rival Archer filed/updated countersuit alleging Joby concealed China ties and misclassified imports — claims that could raise supply‑chain and contract risks and invite regulatory scrutiny. This has pressured sentiment despite the certification progress. Joby's first production model takes off / context on disputes
- Negative Sentiment: Insider selling — multiple filings show executives (including the CEO and other senior officers) sold shares over the last two days. While amounts are relatively small versus total holdings, the cluster of sales can signal near‑term profit‑taking and contributes to downward pressure on the stock. SEC insider sale filings
Institutional Trading of Joby Aviation
A number of hedge funds and other institutional investors have recently made changes to their positions in JOBY. Asset Planning Inc boosted 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 valued at $27,000 after buying an additional 700 shares during the period. Strategic Advocates LLC acquired a new stake in Joby Aviation during the third quarter worth about $29,000. Canton Hathaway LLC acquired a new stake in Joby Aviation during the third quarter worth about $29,000. Fifth Third Bancorp lifted its holdings in Joby Aviation by 207.4% in the fourth quarter. Fifth Third Bancorp now owns 1,998 shares of the company's stock worth $26,000 after acquiring an additional 1,348 shares during the last quarter. Finally, Hilltop National Bank bought a new position in Joby Aviation in the third quarter worth about $32,000. Institutional investors own 52.85% of the company's stock.
Analysts Set New Price Targets
Several research firms recently issued reports on JOBY. 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 target on the stock. JPMorgan Chase & Co. decreased their price objective on shares of Joby Aviation from $8.00 to $7.00 and set an "underweight" rating for the company in a research report on Thursday, February 26th. Weiss Ratings restated a "sell (d-)" rating on shares of Joby Aviation in a research note on Thursday, January 22nd. Canaccord Genuity Group reaffirmed a "hold" rating and set a $15.50 target price on shares of Joby Aviation in a research report on Tuesday, February 3rd. Finally, HC Wainwright reiterated a "buy" rating and issued a $18.00 price target on shares of Joby Aviation in a research note on Thursday. Two research analysts have rated the stock with a Buy rating, four have assigned a Hold rating and three have assigned a Sell rating to the stock. According to data from MarketBeat.com, the company currently has a consensus rating of "Reduce" and an average target price of $13.81.
Read Our Latest Research Report on JOBY
Joby Aviation Company Profile
(
Get Free Report)
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.
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