In last trading session, Joby Aviation Inc (NYSE:JOBY) saw 12.58 million shares changing hands with its beta currently measuring 2.32. Company’s recent per share price level of $7.59 trading at -$0.35 or -4.41% at ring of the bell on the day assigns it a market valuation of $5.81B. That closing price of JOBY’s stock is at a discount of -41.24% from its 52-week high price of $10.72 and is indicating a premium of 40.71% from its 52-week low price of $4.50.
For Joby Aviation Inc (JOBY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.33. Splitting up the data highlights that, out of 4 analysts covering the stock, 1 rated the stock as a Sell while 0 recommended an Overweight rating for the stock. 1 suggested the stock as a Hold whereas 2 see the stock as a Buy. 0 analyst(s) advised it as an Underweight. The company is expected to be making an EPS of -0.19 in the current quarter.
Joby Aviation Inc (NYSE:JOBY) trade information
Upright in the red during last session for losing -4.41%, in the last five days JOBY remained trading in the green while hitting it’s week-highest on Tuesday, 02/18/25 when the stock touched $7.59 price level, adding 9.1% to its value on the day. Joby Aviation Inc’s shares saw a change of -6.64% in year-to-date performance and have moved 3.12% in past 5-day. Joby Aviation Inc (NYSE:JOBY) showed a performance of -7.10% in past 30-days.
Wall Street analysts have assigned a consensus price target of 10.75 to the stock, which implies a rise of 29.4% to its current value. Analysts have been projecting 10 as a low price target for the stock while placing it at a high target of 11.5. It follows that stock’s current price would drop -31.75% in reaching the projected high whereas dropping to the targeted low would mean a loss of -31.75% for stock’s current value.
Joby Aviation Inc (JOBY) estimates and forecasts
This year revenue growth is estimated to fall -80.15% from the last financial year’s standing.
4 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 44.75k for the same. And 2 analysts are in estimates of company making revenue of 1.5M in the next quarter. Company posted 1.03M and 25k of sales in current and next quarters respectively a year earlier.
In 2025, company’s earnings growth rate is likely to be around 9.06% while estimates for its earnings growth in next 5 years are of 6.85%.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
BAILLIE GIFFORD & CO is the top institutional holder at JOBY for having 52.87 million shares of worth $269.63 million. And as of 2024-06-30, it was holding 7.6698 of the company’s outstanding shares.
The second largest institutional holder is CAPRICORN INVESTMENT GROUP LLC, which was holding about 40.36 million shares on 2024-06-30. The number of shares represents firm’s hold over 5.8551 of outstanding shares, having a total worth of $184.07 million.
On the other hand, Vanguard Total Stock Market Index Fund and iShares Russell 2000 ETF are the top two Mutual Funds which own company’s shares. As of Sep 30, 2024 , the former fund manager was holding 12.86 shares of worth $97.62 million or 1.68% of the total outstanding shares. The later fund manager was in possession of 11.27 shares on Nov 30, 2024 , making its stake of worth around $85.51 million in the company or a holder of 1.47% of company’s stock.
