Joby Aviation (NYSE:JOBY) Trading Down 5.1% – Time to Sell?

Joby Aviation, Inc. (NYSE:JOBY) traded down 5.1% during trading on Friday . The stock traded as low as $10.49 and last traded at $10.57. 53,469,729 shares changed hands during trading, an increase of 67% from the average session volume of 32,036,438 shares. The stock had previously closed at $11.14.

Trending Headlines about Joby Aviation

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

• Positive Sentiment: Raises meaningful capital — Joby priced an upsized concurrent offering of common stock and $600M of 0.75% convertible senior notes (total proceeds roughly $1.2B), which provides cash to accelerate eVTOL production and extend runway. Joby Aviation Prices Upsized Offering
• Neutral Sentiment: Convertible terms reduce near-term cash interest (0.75% coupon) but create potential equity dilution on conversion; net benefit depends on Joby hitting production and revenue targets. Joby Aviation Stock Plunges. This Is Why.
• Neutral Sentiment: Capital is intended to fund scale-up of manufacturing (Bay Area factory expansion), which could unlock revenue growth if execution succeeds — a long-term positive conditional on delivery. Joby Aviation seeks to raise up to $1 billion
• Negative Sentiment: Share issuance priced at $11.35 triggered a heavy sell-off: the market punished near-term dilution, with shares falling sharply intraday after the offering priced. Joby Aviation (JOBY) Loses 16.68%
• Negative Sentiment: Investor re-rating: shares have dropped nearly 50% from 2025 highs, cutting market capitalization from roughly $17.5B to about $10B as sentiment shifted on dilution and execution risk. Here’s why the Joby Aviation stock price imploded this week
• Negative Sentiment: Legal overhang: ongoing disputes with Archer (trade-secrets suit) and potential conflicts around vertiport/Toyota plans add uncertainty and could distract management or impose costs. Archer asks judge to toss Joby trade-secrets lawsuit

Analyst Upgrades and Downgrades

Several research firms recently issued reports on JOBY. Morgan Stanley raised their price objective on shares of Joby Aviation from $7.00 to $15.00 and gave the stock an “equal weight” rating in a research report on Thursday, October 9th. HC Wainwright reissued a “neutral” rating on shares of Joby Aviation in a research note on Monday, November 24th. Needham & Company LLC restated a “buy” rating and set a $22.00 price target on shares of Joby Aviation in a report on Thursday, November 6th. JPMorgan Chase & Co. lifted their price target on shares of Joby Aviation from $7.00 to $8.00 and gave the company an “underweight” rating in a research report on Friday, October 31st. Finally, Weiss Ratings reiterated a “sell (d-)” rating on shares of Joby Aviation in a research report on Thursday, January 22nd. One investment analyst has rated the stock with a Buy rating, five have given a Hold rating and three have assigned a Sell rating to the stock. According to MarketBeat.com, the company has a consensus rating of “Reduce” and a consensus target price of $13.43.

Joby Aviation Trading Down 5.1%

The stock has a market capitalization of $9.64 billion, a price-to-earnings ratio of -7.89 and a beta of 2.56. The firm’s fifty day moving average price is $14.35 and its 200 day moving average price is $15.37.

Joby Aviation (NYSE:JOBY) last posted its earnings results on Wednesday, November 5th. The company reported ($0.48) earnings per share for the quarter, missing the consensus estimate of ($0.19) by ($0.29). The company had revenue of $22.57 million for the quarter, compared to analysts’ expectations of $0.02 million. During the same period in the previous year, the business earned ($0.21) EPS. The business’s revenue was up 7962.1% compared to the same quarter last year. On average, analysts forecast that Joby Aviation, Inc. will post -0.69 earnings per share for the current fiscal year.

Insider Transactions at Joby Aviation

In related news, insider Didier Papadopoulos sold 6,429 shares of the stock in a transaction dated Monday, January 5th. The stock was sold at an average price of $15.84, for a total transaction of $101,835.36. Following the transaction, the insider owned 113,718 shares of the company’s stock, valued at approximately $1,801,293.12. This represents a 5.35% decrease in their position. The transaction was disclosed in a legal filing with the Securities & Exchange Commission, which is accessible through this hyperlink. Also, insider Kate Dehoff sold 28,260 shares of the firm’s stock in a transaction dated Wednesday, January 14th. The shares were sold at an average price of $14.72, for a total value of $415,987.20. Following the transaction, the insider owned 149,369 shares of the company’s stock, valued at $2,198,711.68. This trade represents a 15.91% decrease in their ownership of the stock. The SEC filing for this sale provides additional information. In the last three months, insiders have sold 289,556 shares of company stock worth $4,052,822. 28.50% of the stock is owned by corporate insiders.

Hedge Funds Weigh In On Joby Aviation

Institutional investors have recently modified their holdings of the business. Royal Bank of Canada grew its stake in Joby Aviation by 110.5% during the 1st quarter. Royal Bank of Canada now owns 85,070 shares of the company’s stock worth $512,000 after purchasing an additional 44,659 shares in the last quarter. AQR Capital Management LLC purchased a new position in Joby Aviation in the first quarter worth approximately $273,000. Strs Ohio acquired a new position in Joby Aviation during the 1st quarter worth approximately $37,000. Wealth Enhancement Advisory Services LLC increased its position in shares of Joby Aviation by 63.5% in the 2nd quarter. Wealth Enhancement Advisory Services LLC now owns 37,788 shares of the company’s stock valued at $399,000 after purchasing an additional 14,676 shares during the last quarter. Finally, Signaturefd LLC increased its position in shares of Joby Aviation by 459.6% in the 2nd quarter. Signaturefd LLC now owns 9,362 shares of the company’s stock valued at $99,000 after purchasing an additional 7,689 shares during the last quarter. Institutional investors and hedge funds own 52.85% of the company’s stock.

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.