Joby Aviation Inc (NYSE:JOBY) has a beta value of 2.35 and has seen 2.54 million shares traded in the recent trading session. The company, currently valued at $4.72B, closed the recent trade at $5.99 per share which meant it gained $0.06 on the day or 1.01% during that session. The JOBY stock price is -78.96% off its 52-week high price of $10.72 and 24.87% above the 52-week low of $4.50. If we look at the company’s 10-day average daily trading volume, we find that it stood at 9.79 million shares traded. The 3-month trading volume is 12.58 million shares.
The consensus among analysts is that Joby Aviation Inc (JOBY) is Buy stock at the moment, with a recommendation rating of 2.33. 1 analysts rate the stock as a Sell, while 0 rate it as Overweight. 1 out of 4 have rated it as a Hold, with 2 advising it as a Buy. 0 have rated the stock as Underweight. The expected earnings per share for the stock is -0.19.
Joby Aviation Inc (NYSE:JOBY) trade information
Sporting 1.01% in the green today, the stock has traded in the red over the last five days, with the highest price hit on recent trading when the JOBY stock price touched $5.99 or saw a rise of 9.52%. Year-to-date, Joby Aviation Inc shares have moved -26.32%, while the 5-day performance has seen it change -8.83%. Over the past 30 days, the shares of Joby Aviation Inc (NYSE:JOBY) have changed -9.24%. Short interest in the company has seen 63.82 million shares shorted with days to cover at 4.84.
Wall Street analysts have a consensus price target for the stock at $11.5, which means that the shares’ value could jump 47.91% from the levels at last check today. The projected low price target is $11.5 while the price target rests at a high of $11.5. In that case, then, we find that the latest price level in today’s session is -91.99% off the targeted high while a plunge would see the stock gain -91.99% from the levels at last check today.
Joby Aviation Inc (JOBY) estimates and forecasts
The company’s shares have gained 19.09% over the past 6 months. Revenue growth from the last financial year stood is estimated to be 6,144.24%.
5 analysts offering their estimates for the company have set an average revenue estimate of 539.2k for the current quarter. 5 have an estimated revenue figure of 1.54M for the next ending quarter. Year-ago sales stood 25k and 28k respectively for this quarter and the next, and analysts expect sales will grow by 2,056.80% for the current quarter and 6,144.24% for the next.
If we evaluate the company’s growth over the last 5-year and for the next 5-year period, we find that annual earnings growth was 5.69% over the past 5 years. Earnings growth for 2025 is a modest 13.95% while over the next 5 years, the company’s earnings are expected to increase by 7.93%.
JOBY Dividends
Joby Aviation Inc is expected to release its next earnings report on 2025-Feb-25 this year, and investors are excited at the prospect of better dividends despite the company’s debt issue.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
Insiders own 36.29% of the company shares, while shares held by institutions stand at 41.52% with a share float percentage of 65.17%. Investors are also buoyed by the number of investors in a company, with Joby Aviation Inc having a total of 414.0 institutions that hold shares in the company. The top two institutional holders are BAILLIE GIFFORD & CO with over 52.87 million shares worth more than $269.63 million. As of 2024-06-30, BAILLIE GIFFORD & CO held 7.6698% of shares outstanding.
The other major institutional holder is CAPRICORN INVESTMENT GROUP LLC, with the holding of over 40.36 million shares as of 2024-06-30. The firm’s total holdings are worth over $184.07 million and represent 5.8551% of shares outstanding.
Also the top two Mutual Funds that are holding company’s shares are VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund. As of Dec 31, 2024, the former fund manager holds about 1.81% shares in the company for having 14.26 shares of worth $85.71 million while later fund manager owns 11.69 shares of worth $70.27 million as of Dec 31, 2024, which makes it owner of about 1.48% of company’s outstanding stock.
