Joby Aviation (NYSE:JOBY) Shares Down 6.9% – What’s Next?

25 Apr 2026, 12:18 by Jessica Moore · The Cerbat Gem

Joby Aviation, Inc. (NYSE:JOBY – Get Free Report)’s stock price was down 6.9% during trading on Thursday . The stock traded as low as $8.32 and last traded at $8.5050. Approximately 23,213,852 shares traded hands during trading, a decline of 11% from the average daily volume of 26,138,613 shares. The stock had previously closed at $9.14.

Analyst Upgrades and Downgrades

Several equities research analysts recently commented on JOBY shares. JPMorgan Chase & Co. cut their target price on shares of Joby Aviation from $8.00 to $7.00 and set an “underweight” rating on the stock in a research report on Thursday, February 26th. Needham & Company LLC cut their target price on shares of Joby Aviation to $18.00 and set a “buy” rating on the stock in a research report on Thursday, February 26th. Canaccord Genuity Group reiterated a “hold” rating and set a $15.50 target price on shares of Joby Aviation in a research report on Tuesday, February 3rd. HC Wainwright reissued a “buy” rating and issued a $18.00 price target on shares of Joby Aviation in a research note on Thursday, March 12th. Finally, Wall Street Zen raised Joby Aviation from a “strong sell” rating to a “sell” rating in a research note on Saturday, April 18th. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have given a Sell rating to the stock. According to data from MarketBeat.com, the stock currently has an average rating of “Reduce” and an average price target of $13.81.

View Our Latest Report on JOBY

Joby Aviation Stock Up 0.2%

The company has a market cap of $7.75 billion, a price-to-earnings ratio of -7.46 and a beta of 2.68. The firm has a 50 day moving average price of $9.27 and a two-hundred day moving average price of $12.65.

Joby Aviation (NYSE:JOBY – Get Free Report) last issued its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share for the quarter, beating the consensus estimate of ($0.20) by $0.06. The company had revenue of $30.84 million during the quarter, compared to analyst estimates of $16.88 million. The company’s quarterly revenue was up 5506.5% on a year-over-year basis. During the same period in the previous year, the company posted ($0.34) EPS. On average, equities analysts expect that Joby Aviation, Inc. will post -0.82 earnings per share for the current year.

Insider Buying and Selling

In other news, insider Didier Papadopoulos sold 3,394 shares of the stock in a transaction dated Monday, April 6th. The stock was sold at an average price of $8.76, for a total value of $29,731.44. Following the completion of the sale, the insider owned 144,284 shares of the company’s stock, valued at approximately $1,263,927.84. This represents a 2.30% decrease in their ownership of the stock. The sale was disclosed in a filing with the SEC, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Also, insider Gregory Bowles sold 4,720 shares of the firm’s stock in a transaction that occurred on Monday, April 6th. The stock was sold at an average price of $8.76, for a total value of $41,347.20. Following the sale, the insider directly owned 178,470 shares of the company’s stock, valued at $1,563,397.20. This represents a 2.58% decrease in their position. The disclosure for this sale is available in the SEC filing. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. In the last quarter, insiders have sold 1,774,220 shares of company stock valued at $17,386,938. Corporate insiders own 28.50% of the company’s stock.

Institutional Investors Weigh In On Joby Aviation

Several large investors have recently added to or reduced their stakes in JOBY. Fifth Third Bancorp grew 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 purchasing an additional 1,348 shares during the period. Asset Planning Inc grew its stake in Joby Aviation by 70.0% during the third quarter. Asset Planning Inc now owns 1,700 shares of the company’s stock worth $27,000 after purchasing an additional 700 shares during the period. EverSource Wealth Advisors LLC grew its stake in Joby Aviation by 284.8% during the second 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 during the period. Gunpowder Capital Management LLC dba Oliver Wealth Management acquired a new stake in Joby Aviation during the fourth quarter worth approximately $28,000. Finally, Canton Hathaway LLC acquired a new stake in Joby Aviation during the third quarter worth approximately $29,000. Institutional investors and hedge funds own 52.85% of the company’s stock.

About Joby Aviation

(Get Free Report)

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.