During the last session, Joby Aviation Inc (NYSE:JOBY)’s traded shares were 12.42 million, with the beta value of the company hitting 2.33. At the end of the trading day, the stock’s price was $8.09, reflecting an intraday loss of -0.49% or -$0.04. The 52-week high for the JOBY share is $9.33, that puts it down -15.33 from that peak though still a striking 44.38% gain since the share price plummeted to a 52-week low of $4.50. The company’s market capitalization is $6.19B, and the average intraday trading volume over the past 10 days was 19.79 million shares, and the average trade volume was 19.36 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 2.11. 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.
Joby Aviation Inc (NYSE:JOBY) trade information
Joby Aviation Inc (JOBY) registered a -0.49% downside in the last session and has traded in the red over the past 5 sessions. The stock plummet -0.49% in intraday trading to $8.09, hitting a weekly high. The stock’s 5-day price performance is -2.06%, and it has moved by -0.25% in 30 days. Based on these gigs, the overall price performance for the year is 30.91%. The short interest in Joby Aviation Inc (NYSE:JOBY) is 72.19 million shares and it means that shorts have 3.54 day(s) to cover.
The consensus price target of analysts on Wall Street is $9.88, which implies an increase of 18.12% to the stock’s current value. The extremes of the forecast give a target low and a target high price of $9.75 and $10 respectively. As a result, JOBY is trading at a discount of -23.61% off the target high and -20.52% 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 up 57.09% during the last six months, with a year-to-date growth rate more than the industry average at 12.66% against -14.50.
While earnings are projected to return 9.12% in 2025, the next five years will return -11.81% per annum.
JOBY Dividends
Joby Aviation Inc is due to release its next quarterly earnings in February. 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 34.03% of total outstanding shares while institutional holders control 39.95%, with the float percentage being 60.55%. BAILLIE GIFFORD & CO is the largest shareholder of the company, while 336.0 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.
