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Joby Aviation (JOBY) Stock Forecast & Price Target

Joby Aviation logo
$7.09 +0.29 (+4.26%)
(As of 11/22/2024 ET)

Joby Aviation - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Sell
0
Hold
1
Buy
4

Based on 5 Wall Street analysts who have issued ratings for Joby Aviation in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 5 analysts, 1 has given a hold rating, and 4 have given a buy rating for JOBY.

Consensus Price Target

$8.35
17.77% Upside
According to the 5 analysts' twelve-month price targets for Joby Aviation, the average price target is $8.35. The highest price target for JOBY is $10.00, while the lowest price target for JOBY is $5.00. The average price target represents a forecasted upside of 17.77% from the current price of $7.09.
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JOBY Analyst Ratings Over Time

TypeCurrent Forecast
11/25/23 to 11/24/24
1 Month Ago
10/26/23 to 10/25/24
3 Months Ago
8/27/23 to 8/26/24
1 Year Ago
11/25/22 to 11/25/23
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
4 Buy rating(s)
3 Buy rating(s)
2 Buy rating(s)
3 Buy rating(s)
Hold
1 Hold rating(s)
1 Hold rating(s)
1 Hold rating(s)
0 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
2 Sell rating(s)
Consensus Price Target$8.35$8.88$8.83$7.60
Forecasted Upside17.77% Upside72.33% Upside69.38% Upside31.49% Upside
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold

JOBY Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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JOBY Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Joby Aviation Stock vs. The Competition

TypeJoby AviationTransportation CompaniesS&P 500
Consensus Rating Score
2.80
2.59
2.50
Consensus RatingModerate BuyModerate BuyModerate Buy
Predicted Upside17.77% Upside33.43% Upside7.66% Upside
News Sentiment Rating
Neutral News

See Recent JOBY News
Positive News
Positive News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
11/19/2024Needham & Company LLC
3 of 5 stars
C. Pierce
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Initiated CoverageBuy$8.00+42.48%
10/29/2024JPMorgan Chase & Co.
3 of 5 stars
 Lower TargetNeutral ➝ Neutral$6.00 ➝ $5.00
10/29/2024Canaccord Genuity Group
1 of 5 stars
 Lower TargetBuy ➝ Buy$10.50 ➝ $9.75+85.36%
10/2/2024HC Wainwright
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A. Dayal
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Reiterated RatingBuy ➝ Buy$9.00 ➝ $9.00+50.00%
9/30/2024Cantor Fitzgerald
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 Reiterated RatingOverweight ➝ Overweight$10.00 ➝ $10.00+93.05%
6/30/2023888
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 Reiterated RatingMaintains
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3/7/2023Deutsche Bank Aktiengesellschaft
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 DowngradeHold ➝ Sell$6.00 ➝ $4.00-11.11%
2/27/2023Morgan Stanley
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 Lower TargetOverweight$11.00 ➝ $10.00+119.78%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Sunday at 11:07 AM ET.


JOBY Forecast - Frequently Asked Questions

According to the research reports of 5 Wall Street equities research analysts, the average twelve-month stock price forecast for Joby Aviation is $8.35, with a high forecast of $10.00 and a low forecast of $5.00.

5 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Joby Aviation in the last twelve months. There is currently 1 hold rating and 4 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" JOBY shares.

According to analysts, Joby Aviation's stock has a predicted upside of 17.77% based on their 12-month stock forecasts.

Joby Aviation has been rated by research analysts at Canaccord Genuity Group, Cantor Fitzgerald, HC Wainwright, JPMorgan Chase & Co., and Needham & Company LLC in the past 90 days.

Analysts like Joby Aviation more than other "transportation" companies. The consensus rating score for Joby Aviation is 2.80 while the average consensus rating score for "transportation" companies is 2.59. Learn more on how JOBY compares to other companies.


This page (NYSE:JOBY) was last updated on 11/24/2024 by MarketBeat.com Staff
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