Joby Aviation (NYSE:JOBY) Stock Price Up 1.1% – What’s Next?

Joby Aviation, Inc. (NYSE:JOBY) shares shot up 1.1% during mid-day trading on Wednesday . The company traded as high as $10.39 and last traded at $10.1040. 24,042,794 shares were traded during mid-day trading, a decline of 21% from the average session volume of 30,549,689 shares. The stock had previously closed at $9.99.

Joby Aviation News Summary

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

• Positive Sentiment: Major production update: Joby says it is embedding ~200 Toyota engineers into its facilities and targeting a ramp to four aircraft per month by 2027 — a meaningful step toward reducing unit costs and proving manufacturability, which supports a longer‑term revenue path. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Positive Sentiment: Regulatory momentum: U.S. lawmakers are pressing the FAA to accelerate certification for electric air taxis, which could shorten the timeline and regulatory risk for Joby’s commercial launch if acted on favorably. Congress Wants FAA to Speed Electric Air Taxi Certification
• Neutral Sentiment: Balance sheet / financing: A recent ~$1B capital raise lifted cash above $1B and funds the Dayton facility and ramp — reducing near‑term solvency risk but creating dilution that pressured the stock earlier. Made by Toyota: Joby Aviation Targeting 4 Aircraft Per Month
• Negative Sentiment: Significant insider selling: CEO Joeben Bevirt disclosed a large sale (507,182 shares at ~\$9.91) and multiple other executives reported mid‑February sales. Large, high‑profile insider dispositions can be read as selling pressure or reduced insider conviction and often weighs on sentiment. CEO Form 4 filing
• Negative Sentiment: Clustered executive sales: Several other insiders (Bonny Simi, Eric Allison, Didier Papadopoulos, Gregory Bowles, Kate DeHoff) also reduced holdings in mid‑February; cumulative insider selling increases short‑term downside risk while Joby transitions to production. Sample insider Form 4 filing

Analyst Upgrades and Downgrades

Several brokerages have issued reports on JOBY. Weiss Ratings reaffirmed a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Canaccord Genuity Group reissued a “hold” rating and issued a $15.50 price objective on shares of Joby Aviation in a research report on Tuesday, February 3rd. The Goldman Sachs Group assumed coverage on shares of Joby Aviation in a report on Monday, December 1st. They set a “sell” rating and a $10.00 target price for the company. Needham & Company LLC reiterated a “buy” rating and issued a $22.00 price target on shares of Joby Aviation in a research note on Thursday, November 6th. Finally, Zacks Research upgraded shares of Joby Aviation from a “strong sell” rating to a “hold” rating in a research 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 given a Sell rating to the company’s stock. Based on data from MarketBeat.com, the company has an average rating of “Reduce” and an average price target of $13.21.

Joby Aviation Trading Up 1.1%

The firm has a market cap of $9.21 billion, a price-to-earnings ratio of -7.54 and a beta of 2.57. The firm’s 50 day simple moving average is $13.30 and its two-hundred day simple moving average is $14.77.

Insiders Place Their Bets

In other news, insider Eric Allison sold 9,815 shares of the stock in a transaction on Friday, February 13th. The stock was sold at an average price of $9.88, for a total transaction of $96,972.20. Following the sale, the insider directly owned 713,268 shares of the company’s stock, valued at approximately $7,047,087.84. This represents a 1.36% decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. Also, CEO Joeben Bevirt sold 507,182 shares of the firm’s stock in a transaction on Tuesday, February 17th. The stock was sold at an average price of $9.91, for a total value of $5,026,173.62. Following the completion of the transaction, the chief executive officer owned 31,876,802 shares in the company, valued at $315,899,107.82. The trade was a 1.57% decrease in their position. The disclosure for this sale is available in the SEC filing. Insiders sold a total of 1,463,528 shares of company stock valued at $16,054,224 in the last quarter. Company insiders own 32.40% of the company’s stock.

Institutional Trading of Joby Aviation

Several large investors have recently bought and sold shares of JOBY. Fifth Third Bancorp raised its stake in Joby Aviation by 207.4% during 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 in the last quarter. Asset Planning Inc grew its holdings 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 valued at $27,000 after purchasing an additional 700 shares during the last quarter. EverSource Wealth Advisors LLC increased its position in Joby Aviation by 284.8% during 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 valued at approximately $29,000. Finally, Strategic Advocates LLC acquired a new stake in Joby Aviation in the third quarter valued at approximately $29,000. 52.85% of the stock is owned by institutional investors and hedge funds.

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.