Joby Aviation, Inc. (NYSE:JOBY - Free Report) - Stock analysts at HC Wainwright issued their Q1 2025 earnings per share (EPS) estimates for shares of Joby Aviation in a report released on Thursday, February 27th. HC Wainwright analyst A. Dayal anticipates that the company will post earnings of ($0.19) per share for the quarter. HC Wainwright currently has a "Buy" rating and a $9.00 target price on the stock. The consensus estimate for Joby Aviation's current full-year earnings is ($0.69) per share. HC Wainwright also issued estimates for Joby Aviation's Q3 2025 earnings at ($0.19) EPS, Q4 2025 earnings at ($0.19) EPS, FY2025 earnings at ($0.75) EPS, FY2026 earnings at ($0.72) EPS, FY2027 earnings at ($0.69) EPS, FY2028 earnings at ($0.58) EPS and FY2029 earnings at ($0.47) EPS.
A number of other research firms have also recently commented on JOBY. Cantor Fitzgerald reaffirmed an "overweight" rating and set a $9.00 price target on shares of Joby Aviation in a research note on Thursday, February 27th. JPMorgan Chase & Co. decreased their price objective on shares of Joby Aviation from $6.00 to $5.00 and set an "underweight" rating for the company in a research note on Thursday, February 27th. Canaccord Genuity Group upped their target price on Joby Aviation from $9.75 to $11.50 and gave the company a "buy" rating in a research note on Wednesday, January 8th. Finally, Needham & Company LLC reiterated a "buy" rating and issued a $10.00 price target on shares of Joby Aviation in a report on Thursday, February 27th. One investment analyst has rated the stock with a sell rating and four have assigned a buy rating to the company's stock. According to data from MarketBeat, Joby Aviation presently has a consensus rating of "Moderate Buy" and a consensus price target of $8.90.
View Our Latest Analysis on Joby Aviation
Joby Aviation Stock Performance
NYSE JOBY traded up $0.18 on Monday, hitting $6.78. 9,252,450 shares of the stock were exchanged, compared to its average volume of 10,420,041. Joby Aviation has a 52-week low of $4.50 and a 52-week high of $10.72. The firm has a market capitalization of $5.18 billion, a P/E ratio of -9.68 and a beta of 2.33. The stock has a fifty day moving average price of $8.06 and a two-hundred day moving average price of $6.76.
Institutional Investors Weigh In On Joby Aviation
Several large investors have recently modified their holdings of JOBY. Larson Financial Group LLC increased its holdings in Joby Aviation by 218.3% during the third quarter. Larson Financial Group LLC now owns 7,290 shares of the company's stock valued at $37,000 after buying an additional 5,000 shares during the period. Whittier Trust Co. purchased a new position in shares of Joby Aviation in the 4th quarter valued at $38,000. Salem Investment Counselors Inc. raised its position in shares of Joby Aviation by 5,000.0% in the 4th quarter. Salem Investment Counselors Inc. now owns 5,100 shares of the company's stock worth $41,000 after acquiring an additional 5,000 shares in the last quarter. Compagnie Lombard Odier SCmA purchased a new stake in shares of Joby Aviation during the 4th quarter worth $41,000. Finally, Toronto Dominion Bank bought a new stake in Joby Aviation during the fourth quarter valued at about $41,000. Institutional investors own 52.85% of the company's stock.
Insiders Place Their Bets
In related news, insider Didier Papadopoulos sold 7,692 shares of Joby Aviation stock in a transaction dated Monday, January 6th. The stock was sold at an average price of $10.00, for a total value of $76,920.00. Following the completion of the sale, the insider now directly owns 50,902 shares in the company, valued at $509,020. The trade was a 13.13 % decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is available through the SEC website. Also, insider Kate Dehoff sold 6,903 shares of the company's stock in a transaction dated Thursday, February 13th. The stock was sold at an average price of $7.43, for a total transaction of $51,289.29. Following the completion of the sale, the insider now directly owns 202,276 shares of the company's stock, valued at approximately $1,502,910.68. This trade represents a 3.30 % decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 1,018,699 shares of company stock worth $8,628,124 in the last three months. Corporate insiders own 32.40% of the company's stock.
About Joby Aviation
(
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Joby Aviation, Inc, a vertically integrated air mobility company, engages in building an electric vertical takeoff and landing aircraft optimized to deliver air transportation as a service. The company intends to build an aerial ridesharing service, as well as developing an application-based platform that will enable consumers to book rides.
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