Joby Aviation (NYSE:JOBY) Downgraded by Wall Street Zen to “Strong Sell”

Wall Street Zen lowered shares of Joby Aviation (NYSE:JOBY) from a sell rating to a strong sell rating in a research note issued to investors on Saturday.

JOBY has been the subject of several other reports. HC Wainwright restated a “buy” rating on shares of Joby Aviation in a research report on Thursday. Canaccord Genuity Group decreased their price objective on Joby Aviation from $15.50 to $11.50 and set a “hold” rating on the stock in a report on Thursday, May 7th. Morgan Stanley lowered their target price on Joby Aviation from $15.00 to $13.00 and set an “equal weight” rating for the company in a research note on Wednesday, May 6th. Susquehanna set a $18.00 target price on Joby Aviation in a report on Thursday. Finally, Needham & Company LLC reduced their price target on Joby Aviation from $18.00 to $15.00 and set a “buy” rating on the stock in a research report on Thursday. Two equities research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have assigned a Sell rating to the company. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and a consensus target price of $13.81.

Joby Aviation Trading Up 4.8%

JOBY stock opened at $8.62 on Friday. The company has a market capitalization of $8.48 billion, a PE ratio of -8.71 and a beta of 2.73. The company has a debt-to-equity ratio of 0.36, a quick ratio of 22.05 and a current ratio of 22.06. Joby Aviation has a one year low of $6.63 and a one year high of $19.98. The company’s 50 day moving average price is $8.64 and its two-hundred day moving average price is $9.59.

Joby Aviation (NYSE:JOBY) last announced its quarterly earnings data on Wednesday, August 5th. The company reported ($0.25) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.23) by ($0.02). Joby Aviation had a negative net margin of 755.11% and a negative return on equity of 58.65%. The business had revenue of $38.64 million during the quarter, compared to analysts’ expectations of $30.20 million. During the same period last year, the company posted ($0.41) EPS. Joby Aviation’s revenue for the quarter was up 257493.3% on a year-over-year basis. As a group, analysts predict that Joby Aviation will post -0.92 earnings per share for the current fiscal year.

Insiders Place Their Bets

In other news, insider Eric Allison sold 27,932 shares of the stock in a transaction dated Monday, July 13th. The shares were sold at an average price of $7.53, for a total transaction of $210,327.96. Following the completion of the sale, the insider directly owned 710,396 shares in the company, valued at approximately $5,349,281.88. This represents a 3.78% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the SEC, which is accessible through this hyperlink. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Also, insider Kate Dehoff sold 14,240 shares of the stock in a transaction dated Tuesday, July 14th. The stock was sold at an average price of $7.73, for a total transaction of $110,075.20. Following the sale, the insider owned 180,179 shares of the company’s stock, valued at approximately $1,392,783.67. This represents a 7.32% decrease in their ownership of the stock. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. The sale was made to cover tax withholding obligations related to the vesting of equity awards. Over the last 90 days, insiders have sold 1,050,736 shares of company stock worth $11,423,677. 20.35% of the stock is currently owned by insiders.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of the business. Fifth Third Bancorp lifted its holdings in Joby Aviation by 207.4% in the 4th 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 period. EverSource Wealth Advisors LLC increased its stake in shares of Joby Aviation by 284.8% during the second quarter. EverSource Wealth Advisors LLC now owns 2,540 shares of the company’s stock valued at $27,000 after buying an additional 1,880 shares during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management bought a new position in shares of Joby Aviation during the fourth quarter valued at approximately $28,000. Pandora Wealth Inc. bought a new position in shares of Joby Aviation during the fourth quarter valued at approximately $32,000. Finally, DV Equities LLC purchased a new stake in Joby Aviation in the fourth quarter worth $33,000. Institutional investors own 52.85% of the company’s stock.

Key Headlines Impacting Joby Aviation

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

• Positive Sentiment: Joby reported second-quarter revenue of $38.64 million, well above the $30.20 million analyst consensus, while raising its 2026 revenue outlook to $115 million-$125 million from expectations of approximately $111.3 million. JOBY Shares Gain Since Second-Quarter 2026 Revenues Beat
• Positive Sentiment: The Blade helicopter business generated $36.2 million in quarterly revenue, providing Joby with an operating business and evidence of passenger demand while its electric aircraft program advances. Joby Reports Stronger Quarter
• Positive Sentiment: Joby said its aircraft program has reached the fifth and final stage of FAA certification, is ramping production ahead of an eVTOL pilot program, and is moving closer to commercial flights in Texas. These milestones improve the prospect of future aircraft deliveries and service revenue. Joby Ramps Up Aircraft Production
• Positive Sentiment: Partnerships with Atoms to develop a nationwide vertiport network and a new 45,000-square-foot Texas facility strengthen the infrastructure supporting Joby’s planned air-taxi launch. Atoms and Joby Partner on Vertiports
• Neutral Sentiment: Analysts remain generally constructive, but Needham reduced its price target to $15 while retaining a Buy rating, reflecting upside potential alongside execution and timing risks. Needham Lowers Joby Price Target
• Negative Sentiment: Joby’s adjusted loss of $0.25 per share was slightly worse than the $0.23 estimate, and the company reported a $245 million net loss. Investors continue to watch certification, production execution and the timing of commercial service before assigning greater value to the long-term opportunity. Joby Stock Falls Despite a Sales Beat

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.