Key Points
- Director Paul Sciarra sold 62,500 Joby Aviation shares for approximately $380,625 at an average price of $6.09 under a pre-arranged Rule 10b5-1 plan. The sale reduced his holdings by just 0.11%, leaving him with more than 55.6 million shares.
- Joby shares opened at $5.93, near their 52-week low of $5.84 and well below the 52-week high of $19.98. The company reported a quarterly loss of $0.25 per share, despite revenue of $38.64 million exceeding analyst expectations.
- Analyst sentiment remains cautious, with a consensus rating of “Reduce” from two Buy, five Hold and three Sell ratings; the consensus price target is $13.81. Institutional investors own approximately 52.85% of the stock.
Joby Aviation, Inc. (NYSE:JOBY - Get Free Report) Director Paul Sciarra sold 62,500 shares of the stock in a transaction on Friday, October 2nd. The stock was sold at an average price of $6.09, for a total transaction of $380,625.00. Following the transaction, the director owned 55,640,557 shares in the company, valued at approximately $338,850,992.13. This trade represents a 0.11% decrease in their position. The sale was disclosed in a legal filing with the Securities & Exchange Commission, which is available through this link. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan.
Paul Cahill Sciarra also recently made the following trade(s):
- On Wednesday, September 2nd, Paul Sciarra sold 62,500 shares of Joby Aviation stock. The shares were sold at an average price of $6.68, for a total transaction of $417,500.00.
- On Thursday, August 13th, Paul Sciarra sold 62,500 shares of Joby Aviation stock. The shares were sold at an average price of $7.96, for a total transaction of $497,500.00.
Joby Aviation Trading Down 0.4%
Shares of NYSE:JOBY opened at $5.93 on Friday. The stock has a market capitalization of $5.87 billion, a PE ratio of -5.99 and a beta of 2.66. Joby Aviation, Inc. has a 1 year low of $5.84 and a 1 year high of $19.98. The firm has a fifty day moving average price of $7.01 and a 200 day moving average price of $8.47. The company has a current ratio of 17.98, a quick ratio of 17.98 and a debt-to-equity ratio of 0.40.
Joby Aviation (NYSE:JOBY - Get Free Report) last posted its earnings results on Wednesday, August 5th. The company reported ($0.25) earnings per share for the quarter, missing the consensus estimate of ($0.23) by ($0.02). Joby Aviation had a negative net margin of 755.11% and a negative return on equity of 55.29%. The company had revenue of $38.64 million for the quarter, compared to the consensus estimate of $30.20 million. During the same quarter last year, the business earned ($0.41) earnings per share. Joby Aviation's quarterly revenue was up 257493.3% on a year-over-year basis. Analysts expect that Joby Aviation, Inc. will post -1 EPS for the current fiscal year.
Analyst Upgrades and Downgrades
A number of equities research analysts have issued reports on JOBY shares. Weiss Ratings raised Joby Aviation from a "sell (e+)" rating to a "sell (d-)" rating in a research report on Tuesday, July 14th. Barclays raised shares of Joby Aviation to a "hold" rating in a research report on Wednesday, July 29th. Wall Street Zen cut shares of Joby Aviation from a "sell" rating to a "strong sell" rating in a research note on Saturday, August 8th. Cantor Fitzgerald reaffirmed a "neutral" rating on shares of Joby Aviation in a report on Monday, September 21st. Finally, Susquehanna set a $18.00 target price on shares of Joby Aviation in a research note on Thursday, August 6th. Two investment analysts have rated the stock with a Buy rating, five have issued a Hold rating and three have assigned a Sell rating to the company. According to MarketBeat, the company has an average rating of "Reduce" and a consensus target price of $13.81.
Get Our Latest Stock Report on Joby Aviation
Institutional Inflows and Outflows
Several institutional investors have recently added to or reduced their stakes in JOBY. Ancora Advisors LLC bought a new stake in shares of Joby Aviation in the second quarter valued at approximately $27,000. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in shares of Joby Aviation in the fourth quarter worth $28,000. Leonteq Securities AG increased its position in Joby Aviation by 295.2% during the first quarter. Leonteq Securities AG now owns 4,351 shares of the company's stock worth $36,000 after acquiring an additional 3,250 shares during the period. Western Wealth Management LLC bought a new position in Joby Aviation during the first quarter worth $37,000. Finally, Geneos Wealth Management Inc. raised its stake in Joby Aviation by 95.5% during the 1st quarter. Geneos Wealth Management Inc. now owns 5,385 shares of the company's stock valued at $44,000 after purchasing an additional 2,630 shares during the last quarter. 52.85% of the stock is owned by institutional investors.
More Joby Aviation News
Here are the key news stories impacting Joby Aviation this week:
- Positive Sentiment: Joby’s Blade subsidiary announced the seasonal return of BLADEone jet service between the New York City area and South Florida from November 19, 2026, through May 2, 2027. The program gives Joby an opportunity to build aviation-service revenue and customer relationships ahead of its electric air-taxi launch. Blade BLADEone service announcement
- Positive Sentiment: Joby is conducting flight activity in Texas and Dubai, while also demonstrating an autonomous cargo aircraft in Utah. These initiatives support the company’s testing, defense and future commercial-air-mobility ambitions, although they are not yet equivalent to meaningful passenger revenue. Joby autonomous cargo aircraft demonstration
- Neutral Sentiment: Reports cited Joby among companies connected with roughly $200 million in recently awarded defense contracts. The contracts could expand government-related opportunities, but the available report does not clearly identify the value or scope of Joby’s individual award. Defense contracts report
- Negative Sentiment: Investor commentary highlights that revenue is growing but the share count is also increasing, raising dilution concerns. Joby’s projected commercial revenue remains dependent on regulatory certification, production scale-up and paying passenger operations, while the company continues to report substantial losses. Joby revenue and share count analysis
- Negative Sentiment: The Blade jet-service relaunch may generate near-term activity, but it also underscores that Joby’s current revenue comes from conventional aviation services rather than its still-precommercial electric air taxis. Commentary also points to execution, certification and timing risks. Blade jet-service analysis
- Negative Sentiment: Director Paul Sciarra sold 62,500 JOBY shares for approximately $380,625. The transaction was made under a pre-arranged Rule 10b5-1 plan and reduced his holdings by only 0.11%, limiting its significance, but insider selling can still weigh modestly on sentiment. SEC insider transaction filing
Joby Aviation Company Profile
(
Get Free Report)
Joby Aviation, Inc (NYSE: JOBY) is an aviation company developing all-electric vertical takeoff and landing (eVTOL) aircraft for commercial passenger transportation. Its aircraft are designed to take off and land vertically like a helicopter while providing quieter, lower-emission transportation for short urban and regional trips.
The company is pursuing an integrated air-taxi business model that includes designing and manufacturing its aircraft, operating passenger services, and developing the software and infrastructure needed to support aerial mobility.
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