Joby Aviation (NYSE:JOBY) Director Sells $310,625.00 in Stock

Joby Aviation, Inc. (NYSE:JOBY) Director Paul Sciarra sold 62,500 shares of the business’s stock in a transaction that occurred on Monday, November 2nd. The stock was sold at an average price of $4.97, for a total value of $310,625.00. Following the sale, the director owned 55,578,057 shares of the company’s stock, valued at approximately $276,222,943.29. This trade represents a 0.11% decrease in their ownership of the stock. The transaction was disclosed in a filing with the SEC, 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 Friday, October 2nd, Paul Sciarra sold 62,500 shares of Joby Aviation stock. The shares were sold at an average price of $6.09, for a total value of $380,625.00.
• 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 value 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 value of $497,500.00.

Joby Aviation Stock Performance

Shares of NYSE:JOBY opened at $5.30 on Friday. The company has a debt-to-equity ratio of 0.40, a current ratio of 17.98 and a quick ratio of 17.98. The business’s 50 day moving average price is $5.75 and its 200-day moving average price is $8.48. The firm has a market capitalization of $5.25 billion, a PE ratio of -7.27 and a beta of 2.84. Joby Aviation, Inc. has a 1 year low of $4.43 and a 1 year high of $17.10.

Joby Aviation (NYSE:JOBY) last issued its quarterly earnings results on Wednesday, November 4th. The company reported ($0.22) EPS for the quarter, topping the consensus estimate of ($0.25) by $0.03. Joby Aviation had a negative return on equity of 48.49% and a negative net margin of 462.85%. The firm had revenue of $55.09 million during the quarter, compared to analysts’ expectations of $38.95 million. During the same period in the previous year, the business earned ($0.48) earnings per share. The firm’s revenue for the quarter was up 143.8% on a year-over-year basis. As a group, equities research analysts expect that Joby Aviation, Inc. will post -1.00 earnings per share for the current fiscal year.

Institutional Investors Weigh In On Joby Aviation

Several hedge funds and other institutional investors have recently made changes to their positions in the stock. Renaissance Technologies LLC boosted its position in shares of Joby Aviation by 194.5% during the 1st quarter. Renaissance Technologies LLC now owns 4,005,200 shares of the company’s stock valued at $33,083,000 after acquiring an additional 2,645,200 shares during the last quarter. Sumitomo Mitsui Trust Group Inc. grew its holdings in shares of Joby Aviation by 4.7% in the third quarter. Sumitomo Mitsui Trust Group Inc. now owns 2,947,672 shares of the company’s stock valued at $17,833,000 after purchasing an additional 131,920 shares during the period. Amova Asset Management Americas Inc. grew its holdings in shares of Joby Aviation by 48.1% in the first quarter. Amova Asset Management Americas Inc. now owns 2,678,495 shares of the company’s stock valued at $22,124,000 after purchasing an additional 870,244 shares during the period. Bank of New York Mellon Corp increased its position in Joby Aviation by 27.6% during the second quarter. Bank of New York Mellon Corp now owns 2,136,710 shares of the company’s stock worth $19,059,000 after purchasing an additional 462,585 shares during the last quarter. Finally, HighTower Advisors LLC increased its position in Joby Aviation by 3.5% during the second quarter. HighTower Advisors LLC now owns 920,410 shares of the company’s stock worth $8,210,000 after purchasing an additional 30,928 shares during the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of research firms have recently issued reports on JOBY. Canaccord Genuity Group raised shares of Joby Aviation from a “hold” rating to a “buy” rating and dropped their target price for the stock from $11.50 to $7.00 in a report on Thursday. Susquehanna set a $18.00 target price on shares of Joby Aviation in a research report on Thursday, August 6th. Morgan Stanley decreased their price target on shares of Joby Aviation from $13.00 to $10.00 and set an “equal weight” rating on the stock in a research note on Friday, October 16th. Cantor Fitzgerald restated a “neutral” rating on shares of Joby Aviation in a research report on Monday, September 21st. Finally, HC Wainwright reaffirmed a “buy” rating and set a $18.00 price objective on shares of Joby Aviation in a research note on Monday, September 21st. Three investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and four have assigned a Sell rating to the company. According to MarketBeat, the company currently has a consensus rating of “Reduce” and an average price target of $11.33.

Joby Aviation News Roundup

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

• Positive Sentiment: Joby reported third-quarter revenue of about $55 million, up roughly 144% year over year and well above analysts’ estimates. Its per-share loss was also narrower than expected, and the company raised its 2026 revenue outlook to $135 million–$140 million. Joby Reports Third Quarter 2026 Financial Results
• Positive Sentiment: The company said it has entered the FAA’s fifth and final type-certification stage, with “for-credit” testing underway, and is targeting type inspection authorization in the first half of 2027. Certification progress is an important step toward commercial operations. Joby advances final stages of FAA certification
• Positive Sentiment: Joby’s Blade passenger business had a record quarter, while manufacturing output grew 37%. The U.S. Air Force also expanded its commitment to nearly $37 million for autonomous-flight development, supporting a defense business alongside its air-taxi ambitions. Joby expands autonomous flight contracts
• Neutral Sentiment: Analyst actions were mixed: Canaccord raised its rating to Buy but lowered its price target to $7, while Needham kept a Buy rating and cut its target to $10. Canaccord analyst actions
• Negative Sentiment: Despite the revenue beat, Joby recorded a quarterly net loss of $212 million. Continued heavy cash use, plus the uncertainty and time required to complete certification and launch commercial service, remain key risks for investors. Q3 earnings-call highlights

About Joby Aviation

Joby Aviation, Inc is an aerospace 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 operating with the range and speed of a conventional aircraft, supporting quiet, low-emission air taxi services and other urban and regional transportation applications.

Founded in 2009 by JoeBen Bevirt, Joby is pursuing the certification, production and commercial deployment of its piloted aircraft.