In last trading session, Joby Aviation Inc (NYSE:JOBY) saw 15.33 million shares changing hands with its beta currently measuring 2.27. Company’s recent per share price level of $6.16 trading at $0.27 or 4.58% at ring of the bell on the day assigns it a market valuation of $4.87B. That closing price of JOBY’s stock is at a discount of -74.03% from its 52-week high price of $10.72 and is indicating a premium of 24.35% from its 52-week low price of $4.66. Taking a look at company’s average trading volume for last 10-days demonstrates a volume of 12.49 million shares which gives us an average trading volume of 11.87 million if we extend that period to 3-months.
For Joby Aviation Inc (JOBY), analysts’ consensus is at an average recommendation of Buy while assigning it a mean rating of 2.56. 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 green during last session for gaining 4.58%, in the last five days JOBY remained trading in the green while hitting it’s week-highest on Wednesday, 04/23/25 when the stock touched $6.16 price level, adding 3.6% to its value on the day. Joby Aviation Inc’s shares saw a change of -24.23% in year-to-date performance and have moved 4.94% in past 5-day. Joby Aviation Inc (NYSE:JOBY) showed a performance of -9.01% in past 30-days. Number of shares sold short was 69.82 million shares which calculate 6.54 days to cover the short interests.
Wall Street analysts have assigned a consensus price target of 11.5 to the stock, which implies a rise of 46.43% to its current value. Analysts have been projecting 11.5 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 -86.69% in reaching the projected high whereas dropping to the targeted low would mean a loss of -86.69% for stock’s current value.
Joby Aviation Inc (JOBY) estimates and forecasts
This year revenue growth is estimated to rise 6,144.24% from the last financial year’s standing.
5 industry analysts have given their estimates about the company’s current quarter revenue by setting an average figure of 539.2k for the same. And 5 analysts are in estimates of company making revenue of 1.54M in the next quarter. Company posted 25k and 28k of sales in current and next quarters respectively a year earlier.
Weighing up company’s earnings over the past 5-year and in the next 5-year periods, we find the company posting an annual earnings growth rate of 5.69% during past 5 years. In 2025, company’s earnings growth rate is likely to be around 13.95% while estimates for its earnings growth in next 5 years are of 7.93%.
Joby Aviation Inc (NYSE:JOBY)’s Major holders
Insiders are in possession of 36.30% of company’s total shares while institution are holding 41.83 percent of that, with stock having share float percentage of 65.67%. Investors also watch the number of corporate investors in a company very closely, which is 41.83% institutions for Joby Aviation Inc that are currently holding shares of the company. TOYOTA MOTOR CORP/ is the top institutional holder at JOBY for having 78.75 million shares of worth $401.64 million. And as of 2024-06-30, it was holding 11.4246 of the company’s outstanding shares.
The second largest institutional holder is BAILLIE GIFFORD & CO, which was holding about 52.87 million shares on 2024-06-30. The number of shares represents firm’s hold over 7.6698 of outstanding shares, having a total worth of $269.63 million.
On the other hand, VANGUARD INDEX FUNDS-Vanguard Total Stock Market Index Fund and VANGUARD INDEX FUNDS-Vanguard Small-Cap Index Fund are the top two Mutual Funds which own company’s shares. As of Dec 31, 2024 , the former fund manager was holding 14.26 shares of worth $87.85 million or 1.80% of the total outstanding shares. The later fund manager was in possession of 11.69 shares on Dec 31, 2024 , making its stake of worth around $72.03 million in the company or a holder of 1.48% of company’s stock.