During the recent session, Joby Aviation Inc (NYSE:JOBY)’s traded shares were 3.54 million, with the beta value of the company hitting 1.97. At the last check today, the stock’s price was $4.94, reflecting an intraday gain of 2.91% or $0.14. The 52-week high for the JOBY share is $7.69, that puts it down -55.67 from that peak though still a striking 8.91% gain since the share price plummeted to a 52-week low of $4.50. The company’s market capitalization is $3.73B, and the average intraday trading volume over the past 10 days was 23.19 million shares, and the average trade volume was 9.89 million shares over the past three months.
Joby Aviation Inc (JOBY) received a consensus recommendation of Buy from analysts. That translates to a mean rating of 2.14. JOBY has a Sell rating from 1 analyst(s) out of 4 analysts who have looked at this stock. 1 analyst(s) recommend to Hold the stock while 0 suggest Overweight, and 2 recommend a Buy rating for it. 0 analyst(s) has rated the stock Underweight. Company’s earnings per share (EPS) for the current quarter are expected to be -0.19.
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Joby Aviation Inc (NYSE:JOBY) trade information
Joby Aviation Inc (JOBY) registered a 2.91% upside in the last session and has traded in the red over the past 5 sessions. The stock spiked 2.91% in intraday trading to $4.94, hitting a weekly high. The stock’s 5-day price performance is -4.27%, and it has moved by -11.95% in 30 days. Based on these gigs, the overall price performance for the year is -7.85%. The short interest in Joby Aviation Inc (NYSE:JOBY) is 75.08 million shares and it means that shorts have 7.11 day(s) to cover.
The consensus price target of analysts on Wall Street is $7.88, which implies an increase of 37.31% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $6 and $10 respectively. As a result, JOBY is trading at a discount of -102.43% off the target high and -21.46% off the low.
Joby Aviation Inc (JOBY) estimates and forecasts
Statistics show that Joby Aviation Inc has outperformed its competitors in share price, compared to the industry in which it operates. Joby Aviation Inc (JOBY) shares have gone down -8.19% during the last six months, with a year-to-date growth rate more than the industry average at 12.66% against -15.70. In the rating firms’ projections, revenue will decrease -67.50% compared to the previous financial year.
As companies strive to predict their financial trajectories, we turn our attention to the forthcoming financial quarter. Here are the insights gathered from industry analysts. Revenue for the current quarter is expected to be 40k as predicted by 3 analyst(s). Meanwhile, a consensus of 3 analyst(s) estimates revenue growth to 110k by the end of current fiscal year.
While earnings are projected to return 12.86% in 2024, the next five years will return -11.81% per annum.
JOBY Dividends
Joby Aviation Inc is due to release its next quarterly earnings on 2024-Nov-06. However, it is important to remember that the dividend yield ratio is merely an indicator meant to only serve as guidance.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
Joby Aviation Inc insiders own 34.25% of total outstanding shares while institutional holders control 40.23%, with the float percentage being 61.19%. BAILLIE GIFFORD & CO is the largest shareholder of the company, while 325.0 institutions own stock in it. As of 2024-06-30, the company held over 52.87 million shares (or 7.755% of all shares), a total value of $269.63 million in shares.
The next largest institutional holding, with 40.36 million shares, is of CAPRICORN INVESTMENT GROUP LLC’s that is approximately 5.9202% of outstanding shares. At the market price on 2024-06-30, these shares were valued at $184.07 million.
