Joby Aviation Sees Unusually High Options Volume (NYSE:JOBY)

Joby Aviation, Inc. (NYSE:JOBY) was the recipient of unusually large options trading on Thursday. Traders bought 40,845 call options on the company. This represents an increase of approximately 20% compared to the typical daily volume of 34,088 call options.

Insider Buying and Selling at Joby Aviation

In other Joby Aviation news, insider Gregory Bowles sold 11,530 shares of the firm’s stock in a transaction on Tuesday, February 24th. The stock was sold at an average price of $9.62, for a total value of $110,918.60. Following the sale, the insider owned 170,360 shares of the company’s stock, valued at approximately $1,638,863.20. This trade represents a 6.34% decrease in their position. The sale was disclosed in a document filed with the SEC, which can be accessed through the SEC website. Also, insider Didier Papadopoulos sold 6,366 shares of the firm’s stock in a transaction that occurred on Tuesday, February 17th. The shares were sold at an average price of $9.74, for a total transaction of $62,004.84. Following the completion of the sale, the insider owned 128,548 shares in the company, valued at approximately $1,252,057.52. The trade was a 4.72% decrease in their ownership of the stock. Additional details regarding this sale are available in the official SEC disclosure. Insiders have sold a total of 1,470,074 shares of company stock valued at $16,083,913 over the last three months. 28.50% of the stock is owned by insiders.

Institutional Investors Weigh In On Joby Aviation

Several institutional investors and hedge funds have recently bought and sold shares of JOBY. Toyota Motor Corp grew its stake in shares of Joby Aviation by 63.1% in the 2nd quarter. Toyota Motor Corp now owns 128,454,401 shares of the company’s stock worth $1,355,194,000 after buying an additional 49,701,790 shares during the last quarter. Vanguard Group Inc. lifted its stake in shares of Joby Aviation by 13.2% in the third quarter. Vanguard Group Inc. now owns 49,948,325 shares of the company’s stock worth $806,166,000 after buying an additional 5,828,189 shares in the last quarter. Man Group plc bought a new position in shares of Joby Aviation in the third quarter worth approximately $40,283,000. Norges Bank bought a new stake in shares of Joby Aviation during the fourth quarter valued at approximately $32,269,000. Finally, Clear Street Group Inc. purchased a new position in Joby Aviation in the 3rd quarter worth approximately $36,264,000. Hedge funds and other institutional investors own 52.85% of the company’s stock.

Analysts Set New Price Targets

JOBY has been the topic of a number of research analyst reports. Zacks Research upgraded Joby Aviation from a “strong sell” rating to a “hold” rating in a report on Tuesday, November 4th. Oppenheimer set a $18.00 price objective on Joby Aviation in a research note on Thursday. Canaccord Genuity Group restated a “hold” rating and issued a $15.50 target price on shares of Joby Aviation in a report on Tuesday, February 3rd. Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a report on Thursday, January 22nd. Finally, Needham & Company LLC lowered their price target on Joby Aviation to $18.00 and set a “buy” rating for the company in a research report on Thursday. Two research analysts have rated the stock with a Buy rating, four have given a Hold rating and three have issued a Sell rating to the company. According to MarketBeat.com, the company presently has an average rating of “Reduce” and an average price target of $13.94.

Joby Aviation Price Performance

Shares of NYSE JOBY traded up $0.45 during trading on Thursday, reaching $10.27. 31,157,245 shares of the stock traded hands, compared to its average volume of 29,404,850. The company has a 50-day moving average of $12.75 and a 200-day moving average of $14.43. Joby Aviation has a 52-week low of $4.96 and a 52-week high of $20.95. The stock has a market capitalization of $9.37 billion, a P/E ratio of -7.65 and a beta of 2.57.

Joby Aviation (NYSE:JOBY) last announced its quarterly earnings results on Wednesday, February 25th. The company reported ($0.14) earnings per share (EPS) for the quarter, topping analysts’ consensus estimates of ($0.20) by $0.06. The firm had revenue of $30.84 million during the quarter, compared to analysts’ expectations of $16.88 million. The company’s quarterly revenue was up 5506.5% compared to the same quarter last year. During the same period in the previous year, the company posted ($0.34) earnings per share. Analysts expect that Joby Aviation will post -0.69 earnings per share for the current fiscal year.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Q4 2025 beat — Joby reported EPS of ($0.14) vs. consensus ($0.20) and revenue of ~$30.8M (well above estimates), showing a large y/y revenue jump and a smaller loss that reduces immediate execution risk. This earnings surprise and accompanying commentary on cash/liquidity supported the rally. Joby Aviation generates $31M in revenue, slashes quarterly loss
• Positive Sentiment: Certification progress — Joby reiterated progress with FAA certification and is targeting first passenger flights in 2026, a material execution milestone that de‑risks the commercial timeline if achieved. Joby targets first passenger flights in 2026 as certification progress advances
• Positive Sentiment: Commercial traction & partnerships — Joby launched Uber air-taxi booking integrations and highlighted global partnership activity that supports early demand and go‑to‑market rollout. Such commercial validation boosts revenue pathway credibility. Joby Aviation partners with Uber for futuristic air taxis
• Neutral Sentiment: Unusual options flow — Call volumes spiked (≈40,845 calls, ~20% above normal), signaling short-term bullish positioning/speculation that can amplify intraday moves but may not reflect fundamental change.
• Neutral Sentiment: Legendary investor interest — Reports say Dmitry Balyasny added exposure to flying‑taxi names, which can attract momentum buyers but is not a guaranteed long‑term endorsement. ACHR or JOBY: Legendary Investor Dmitry Balyasny Loads Up on One Top Flying-Taxi Stock
• Negative Sentiment: Insider selling — Recent filings show Gregory Bowles sold shares (~15k across late‑Feb sales), a small but visible reduction that can be interpreted as a near‑term negative signal. SEC Form 4 — Gregory Bowles
• Negative Sentiment: Valuation & analyst scrutiny — Several firms note Joby’s rich valuation versus execution risk; lingering sell/hold ratings and the stock trading below its 50‑ and 200‑day moving averages increase downside sensitivity if upcoming milestones disappoint.
• Neutral Sentiment: Sector legal headlines (Archer vs. Vertical) and peer funding stories are driving cross‑stock flows in the eVTOL group; Joby can move on “sympathy” trades even when not directly involved. Archer’s Lawsuit Tests Vertical Aerospace’s Cash Runway, Not Just Its Design

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.