Analysts Set Joby Aviation, Inc. (NYSE:JOBY) Price Target at $13.21

Joby Aviation, Inc. (NYSE:JOBY) has earned a consensus recommendation of “Reduce” from the nine ratings firms that are currently covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a sell rating, five have issued a hold rating and one has given a buy rating to the company. The average 12-month price objective among brokerages that have issued ratings on the stock in the last year is $13.2143.

JOBY has been the topic of a number of analyst reports. JPMorgan Chase & Co. upped their price target on shares of Joby Aviation from $7.00 to $8.00 and gave the stock an “underweight” rating in a research note on Friday, October 31st. Canaccord Genuity Group reiterated a “hold” rating and set a $15.50 price target on shares of Joby Aviation in a report on Tuesday, February 3rd. HC Wainwright restated a “neutral” rating on shares of Joby Aviation in a report on Monday, November 24th. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research note on Thursday, January 22nd. Finally, Zacks Research upgraded Joby Aviation from a “strong sell” rating to a “hold” rating in a research note on Tuesday, November 4th.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Institutional/ETF interest: several funds (e.g., Nuveen, ARK) increased or added to JOBY stakes in Q4, showing some continued institutional conviction that could support the stock if operational progress continues.
• Neutral Sentiment: Scheduled catalyst — Joby will report Q4 and full‑year 2025 results after the close on Feb. 25 and host a 5:00 pm ET webcast; this is the near‑term event most likely to drive the next meaningful move in the stock. Earnings release
• Neutral Sentiment: Industry/analyst split — some sell‑side firms remain constructive (Needham Buy), while others are cautious; mixed coverage raises the chance of outsized moves if results surprise.
• Negative Sentiment: Large CEO sale: founder/CEO Joeben Bevirt sold ~507,182 shares (~$5.4M) in early February; a sale of that size by the CEO increases perceived insider liquidity needs and can create near‑term selling pressure. Bevirt SEC filing
• Negative Sentiment: Broad insider selling: multiple executives and insiders (including Kate Dehoff, Didier Papadopoulos, Eric Allison and others) disclosed sales this week — the volume and breadth amplify concerns about insider conviction. Insider sales summary
• Negative Sentiment: Short interest spike: January short interest rose ~33.6% to ~75.3M shares (~12.2% of float). Higher short positioning can add selling pressure and make the stock more volatile into the Feb. 25 results.

Insider Transactions at Joby Aviation

In related news, insider Gregory Bowles sold 5,383 shares of the stock in a transaction that occurred on Wednesday, January 14th. The shares were sold at an average price of $14.72, for a total transaction of $79,237.76. Following the transaction, the insider owned 162,674 shares in the company, valued at $2,394,561.28. This represents a 3.20% decrease in their ownership of the stock. The sale was disclosed in a document filed with the Securities & Exchange Commission, which is available at the SEC website. Also, insider Kate Dehoff sold 16,235 shares of Joby Aviation stock in a transaction that occurred on Wednesday, February 11th. The stock was sold at an average price of $9.91, for a total transaction of $160,888.85. Following the completion of the sale, the insider directly owned 149,369 shares of the company’s stock, valued at approximately $1,480,246.79. This trade represents a 9.80% decrease in their position. Additional details regarding this sale are available in the official SEC disclosure. Over the last three months, insiders sold 830,036 shares of company stock valued at $9,779,090. Company insiders own 28.50% of the company’s stock.

Institutional Inflows and Outflows

Several institutional investors and hedge funds have recently bought and sold shares of JOBY. Fifth Third Bancorp boosted its holdings in shares of 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 buying an additional 1,348 shares during the last quarter. Asset Planning Inc boosted its stake in shares of Joby Aviation by 70.0% during 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 increased its stake 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 purchasing an additional 1,880 shares in the last quarter. Canton Hathaway LLC bought a new position in Joby Aviation in the 3rd quarter worth $29,000. Finally, Strategic Advocates LLC purchased a new position in Joby Aviation during the third quarter valued at $29,000. 52.85% of the stock is owned by hedge funds and other institutional investors.

Joby Aviation Trading Down 1.3%

Joby Aviation stock traded down $0.13 during mid-day trading on Thursday, hitting $9.97. The company had a trading volume of 2,879,407 shares, compared to its average volume of 31,194,152. Joby Aviation has a 12 month low of $4.96 and a 12 month high of $20.95. The company has a market capitalization of $9.09 billion, a PE ratio of -7.50 and a beta of 2.57. The stock’s 50 day moving average price is $13.75 and its two-hundred day moving average price is $14.98.

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.