In the last trading session, 10.21 million Joby Aviation Inc (NYSE:JOBY) shares changed hands as the company’s beta touched 2.34. With the company’s per share price at $6.43 changed hands at $0.19 or 3.04% during last session, the market valuation stood at $5.07B. JOBY’s last price was a discount, traded about -66.72% off its 52-week high of $10.72. The share price had its 52-week low at $4.50, which suggests the last value was 30.02% up since then. When we look at Joby Aviation Inc’s average trading volume, we note the 10-day average is 10.77 million shares, with the 3-month average coming to 14.51 million.
Analysts gave the Joby Aviation Inc (JOBY) stock a consensus recommendation rating of Buy, calculated at a mean rating of 2.33. If we narrow down to specifics, the data shows that 1 out of 4 analysts rate the stock as a Sell, with a further 0 assigning it an Overweight rating. Of the remaining, 1 recommended JOBY as a Hold, 2 felt it is a Buy and 0 rated the stock as Underweight. Joby Aviation Inc’s EPS for the current quarter is expected to be -0.19.
Joby Aviation Inc (NYSE:JOBY) trade information
Instantly JOBY was in green as seen at the end of in last trading. With action 4.55%, the performance over the past five days has been green. The company’s shares are showing year-to-date downside of -20.91%, with the 5-day performance at 4.55% in the green. However, in the 30-day time frame, Joby Aviation Inc (NYSE:JOBY) is -15.17% down. Looking at the short shares, we see there were 64.41 million shares sold at short interest cover period of 5.18 days.
The consensus price target for the stock as assigned by Wall Street analysts is 10.75, meaning bulls need an upside of 40.19% from its current market value. According to analyst projections, JOBY’s forecast low is 10 with 11.5 as the target high. To hit the forecast high, the stock’s price needs a -78.85% plunge from its current level, while the stock would need to soar -55.52% for it to hit the projected low.
Joby Aviation Inc (JOBY) estimates and forecasts
Year-over-year growth is forecast to reach 6,144.24% up from the last financial year.
Consensus estimates given by 5 financial analysts project the company’s revenue in the current quarter to hit an average of 539.2k. 5 analysts are of the opinion that Joby Aviation Inc’s revenue for the current quarter will be 1.54M. The company’s revenue for the corresponding quarters a year ago was 25k and 28k respectively. According to analysts, the company will likely register a growth in its current quarter sales, forecast at 2,056.80%. The estimates for the next quarter sales put growth at 5,398.57%.
Looking at the company’s year-on-year earnings, data shows that the past 5-year has an earnings growth rate of 5.69%. The 2025 estimates are for Joby Aviation Inc earnings to increase by 13.95%, but the outlook for the next 5-year period is at 7.93% per year.
JOBY Dividends
Joby Aviation Inc is expected to release its next quarterly earnings report on 2025-Feb-25.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
If we look at who the major shareholders are, we find that insiders hold 36.30% of Joby Aviation Inc shares while 41.52% of the shares are in the hands of institutional holders. The share float percentage for the stock currently stands at 65.17%. There are 41.52% institutions holding the Joby Aviation Inc stock share, with BAILLIE GIFFORD & CO the top institutional holder. As of 2024-06-30, the company held 7.6698% of the shares, roughly 52.87 million JOBY shares worth $269.63 million.
CAPRICORN INVESTMENT GROUP LLC holds the second largest percentage of outstanding shares, with 5.8551% or 40.36 million shares worth $184.07 million as of 2024-06-30.
Among Mutual Funds, the top two as of Dec 31, 2024 were Vanguard Total Stock Market Index Fund and Vanguard Small-Cap Index Fund . With 14.26 shares estimated at $91.7 million under it, the former controlled 1.81% of total outstanding shares. On the other hand, Vanguard Small-Cap Index Fund held about 1.48% of the shares, roughly 11.69 shares worth around $75.18 million.
